Steel Billionaire Lakshmi Mittal Plans Green Mega Estate

Steel billionaire Lakshmi Mittal is going green. He's already hard at work on the most expensive estate in Scotland but he's also turning a country estate in southeastern England into a new green palace. The home, Alderbrook Park was built as a country estate during the 19th century but that home was partially demolished and replaced with a less attractive one in the 1950s.

Now Mittal, one of the world's ten richest men, plans to create the ultimate green estate. Plans including using outdoor temperature differences to create natural air conditioning and an ambitious idea to grow enough wood to feed large boilers to provide heating and hot water. Workers at the home will cut down 110 tons of wood a year for the boilers but plant trees to replace them. Solar panels on the roofs of two outbuildings will also provide electricity. Steel tubes will draw cool air from the estate's wooded areas in the summer and in the winter, solar-heated air will be drawn down from the roofs to add additional warmth.

Mittal bought the home for a reported £5.25 million but is expected to spend another £25 million making it conform to his customizations. He will need approval from the local planning authority to develop the estate. The only issue, according to The Telegraph India, may be the preservation of badger habitats on the estate. The badgers are protected and Mittal will need to prove they will not be harmed. The home will have at least 10 bedrooms, indoor and outdoor pools, and underground art gallery, tennis courts and a croquet lawn.