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Saudi Prince bin Salman 'was mystery buyer' of $320m house | Saudi Prince bin Salman 'was mystery buyer' of $320m house |
(about 2 hours later) | |
Saudi Arabia's Crown Prince Mohammed bin Salman was the mystery buyer of a luxury French house, according to reporting by the New York Times. | Saudi Arabia's Crown Prince Mohammed bin Salman was the mystery buyer of a luxury French house, according to reporting by the New York Times. |
The newspaper says a paper trail from a 2015 purchase leads back to him through several shell companies. | The newspaper says a paper trail from a 2015 purchase leads back to him through several shell companies. |
The house, near Versailles, has a wine cellar, a cinema and a moat with koi, sturgeon and an underwater chamber. | The house, near Versailles, has a wine cellar, a cinema and a moat with koi, sturgeon and an underwater chamber. |
It cost €275m ($320m, £240m) and Fortune magazine called it the world's most expensive house. | It cost €275m ($320m, £240m) and Fortune magazine called it the world's most expensive house. |
The buyer was unknown at the time. | The buyer was unknown at the time. |
But the New York Times reports that documents showed the house was owned by an investment company managed by Prince Mohammed's personal foundation. | But the New York Times reports that documents showed the house was owned by an investment company managed by Prince Mohammed's personal foundation. |
The Saudi government has declined to comment on the report. | The Saudi government has declined to comment on the report. |
A spokeswoman for the Saudi embassy in Washington accused New York Times journalists of "subjective reporting" and serving a "personal agenda". | A spokeswoman for the Saudi embassy in Washington accused New York Times journalists of "subjective reporting" and serving a "personal agenda". |
From the exterior, the Chateau Louis XIV appears to be a 17th-Century chateau, constructed in a similar style to the nearby palace at Versailles. | From the exterior, the Chateau Louis XIV appears to be a 17th-Century chateau, constructed in a similar style to the nearby palace at Versailles. |
On closer inspection, however, this is not the case: it was built after developer Emad Khashoggi demolished a 19th-Century building that had previously stood on the 57-acre (23-hectare) site and is modern inside. According to reports, its fountains and air conditioning, as well as lights and music, can be controlled by smartphone. | On closer inspection, however, this is not the case: it was built after developer Emad Khashoggi demolished a 19th-Century building that had previously stood on the 57-acre (23-hectare) site and is modern inside. According to reports, its fountains and air conditioning, as well as lights and music, can be controlled by smartphone. |
A local official told the New York Times: "The idea is tacky, and then once you visit it isn't." | A local official told the New York Times: "The idea is tacky, and then once you visit it isn't." |
In 2015, Prince Mohammed reportedly bought himself a yacht from a Russian businessman for $590m. | In 2015, Prince Mohammed reportedly bought himself a yacht from a Russian businessman for $590m. |
The New York Times has also reported that he was the true buyer of the Leonardo da Vinci painting Salvator Mundi, which was sold earlier this year for a record $450m (£341m). It will be displayed at the new Louvre Abu Dhabi but the paper says it was actually bought by Prince Mohammed. |