According to the American
press, Mohammed ben Salman has acquired the "Château Louis XIV" near
Paris for 275 million euros.
Mohammed ben Salman, new strongman of Saudi Arabia who wants to be the champion
of anti-corruption, would be the mysterious purchaser of the "Château
Louis XIV", near Paris, the most expensive private residence in the world,
ceded for 275 million euros.This is what the "New York Times", which published a long investigation into the acquisitions of the young Crown Prince, said: The luxury property was sold in September 2015 by the French luxury real estate company Daniel Féau , member of Christie's network.
Nothing at the time filtered through the name of the new owner, except that it was "from the Middle East", had simply indicated a source close to the file. July the Saudi prince as the buyer.
5,000 m2 of luxury and high
tech
The property, built in 2011 in the town of Louveciennes west of Paris, was named "Chateau Louis XIV" in reference to the flamboyant "Sun King" who ruled France in the seventeenth and eighteenth centuries.
Wanting a mini-replica of the fabulous nearby Château de Versailles, it combines seventeenth-century architecture and modern technology, with fountains controllable by iPhone, a cinema, swimming pools, a giant aquarium ...
With a living area of 5,000 m2, it promises "the splendors of Versailles under the high-tech revolution," according to the website of its promoter Cogemad.
The "New York Times" says that the current owner is "MBS", the young Crown Prince Mohammed bin Salman who, however, is strong fight against corruption and personal enrichment.
The property, built in 2011 in the town of Louveciennes west of Paris, was named "Chateau Louis XIV" in reference to the flamboyant "Sun King" who ruled France in the seventeenth and eighteenth centuries.
Wanting a mini-replica of the fabulous nearby Château de Versailles, it combines seventeenth-century architecture and modern technology, with fountains controllable by iPhone, a cinema, swimming pools, a giant aquarium ...
With a living area of 5,000 m2, it promises "the splendors of Versailles under the high-tech revolution," according to the website of its promoter Cogemad.
The "New York Times" says that the current owner is "MBS", the young Crown Prince Mohammed bin Salman who, however, is strong fight against corruption and personal enrichment.
Before the house, the most
expensive painting in the world?
According to the American media, the French companies holding "Château Louis XIV" are managed by a Luxembourg firm, Prestigestate SARL, in turn controlled by "Eight Investment." Thamer Nassief, who presents himself on the LinkedIn site as "president of private affairs Crown Prince ", is one of the directors of both Eight Investment and Prestigestate, adds the" New York Times "on his website.
According to the American media, the French companies holding "Château Louis XIV" are managed by a Luxembourg firm, Prestigestate SARL, in turn controlled by "Eight Investment." Thamer Nassief, who presents himself on the LinkedIn site as "president of private affairs Crown Prince ", is one of the directors of both Eight Investment and Prestigestate, adds the" New York Times "on his website.
According to documents
consulted by the newspaper, Eight Investment is "owned by members of the
Saudi royal family". Eight Investment is also behind the purchase of a $
500 million yacht in 2015, and the painting of Leonardo da Vinci,
"Salvator mundi" (Savior of the World), recently sold at auction for
$ 450 million. dollars to a mysterious nominee who would be close to Mohammed
bin Salman, recalls the newspaper.The famous painting was then offered by MBS
in Abu Dhabi, as a gift of friendship, says the New York daily.
A reformer prince
For less than two years, MBS has pursued a policy of drastic economic, social and societal reforms that is shaking up the habits of the ultra-conservative Saudi kingdom and, in particular, aims to make it less dependent on oil wealth.
More than 200 influential figures have been arrested in an anti-corruption operation, including ministers and former ministers. Most were released in exchange for the refund of amounts considered ill-gotten. A context that partly explains the discretion of the prince on his acquisitions.
Source AFP
For less than two years, MBS has pursued a policy of drastic economic, social and societal reforms that is shaking up the habits of the ultra-conservative Saudi kingdom and, in particular, aims to make it less dependent on oil wealth.
More than 200 influential figures have been arrested in an anti-corruption operation, including ministers and former ministers. Most were released in exchange for the refund of amounts considered ill-gotten. A context that partly explains the discretion of the prince on his acquisitions.
Source AFP
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