Pierre Lagrange, who is a hedge fund manager and former Goldman Sachs Group Inc trader, has sold his London mansion for a whopping 90 million pounds or $145 million. Who’s the buyer you ask? None other than famous billionaire real estate addict Roman Abramovich. Pierre purchased the home, which is located in London’s exclusive Kensington Palace Gardens (right next to the home of billionaire Lakshmi Mittal), for 19 million pounds back in 2004. The sale comes after Lagrange and his wife filed for divorce. He was ranked 236th in this year’s Sunday Times Rich List with an estimated fortune of 331 million pounds.

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  • Daniel

    My goodness, talk about a good investment. Roughly 10 million pounds appreciation per year…not bad for something tangible and usable. While it’s impossible to tell what condition the interior is in, the price doesn’t surprise me. KPG is in my opinion the only place in the UK that deserves to command these prices. Dream street indeed! Only drawback is that the Taj Mittal looks SO much grander than this home. Oh well, maybe some Arab or Russian will plop down $350 million for that place!




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  • Grrrowler

    An almost 475% increase in value in 7 years? A thing is worth whatever someone will pay for it, but that doesn’t mean someone else will pay that much in the future. It’s a lovely house (from the outside) and a great area in which to live, but for me personally no house is worth that much money, regardless of how dreamy the street is.




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    • Marie

      Totally agree Grrrowler.




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    • Iemand

      Exactly.
      Nice place, don’t get me wrong, but I would never, ever, EVER pay that much to live there. Rather have 3/4 homes in different places somewhere on this thing we call earth…




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      • Amanda

        Well Roman Abramovich does have homes elsewhere




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  • Chance

    As Daniel already mentioned, Taj Mittal is clearly “the” house on the street, and by many estimates is valued at 250 million pounds. If you’re rich and in London, this is the street you wanna be on. Even if you don’t agree with the price, it’s clearly a good purchase value wise, considering how the prices head on this street.

    FYI, 90 million pounds is about $145 million, not $175.3 million.




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    • Kenny Forder

      Oh, thanks for letting me know! I just changed it.




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  • Venom

    How many goddamn houses can you have, especially in the same city?
    It is as ridiculous as him owning multiple mega yachts.
    Clearly this man has a problem.
    He is like Nicolas Cage, but on a much grander scale.

    I kind of like his baller style, but there comes a point where you just look like an a$$hole and he has reached that point. There are a lot of people in the world that need help and he could spend some time and money on helping them rather than these ridiculous displays of wealth.

    We get it Roman, you are stinking rich. Jesus…




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    • Mak

      My thoughts exactly.




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  • rob

    Wow, isn’t this the street of dreams? What a beautiful row of mansions. Stewie, how did you get on the street? I am told it is gated and blocked by security guards. I would love to stroll down this street.




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  • Jeph

    KPG is closed off to vehicle traffic, but not to pedestrians. people walk through it all the time.




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