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Saudi crown prince stays in 'world's most expensive home' during Paris trip

During his trip to France, Saudi Arabia's Crown Prince Mohammed bin Salman is staying at a lavish chateau dubbed "the world's most expensive home" when he purchased it in 2015.

July 28, 2022 / 20:49 IST
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Chateau Louis XIV (Image credit: cogemad.com)

During his trip to France to meet President Emmanuel Macron, Saudi Arabia's Crown Prince Mohammed bin Salman is staying at a lavish chateau dubbed "the world's most expensive home" when he purchased it in 2015.

The Chateau Louis XIV in Louveciennes outside Paris is a new-build mansion intended to mimic the extravagant luxury of the nearby Versailles Palace, once the seat of the French royal family.

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The 7,000-square-metre property was bought by an undisclosed buyer in 2015 for 275 million euros ($300 million at the time), leading Fortune magazine to call it "the world’s most expensive home."

Bin Salman, 36, was reported two years' later by The New York Times to be the ultimate owner via a series of shell companies.