Europe's Richest Man Building Scotland's Most Expensive Mansion

Indian steel magnate Lakshmi Mittal is building the most expensive mansion ever erected in Scotland, next to the famed Gleneagles golf resort in Auchterarder, Perthshire. The London-based tycoon, Europe's richest man and the fifth richest man in the world with a fortune of $28.7 billion, is spending a record $23 million on the posh estate, including the $6 million mansion he tore down to make way for his new luxury fortress. His lavish private palace in London is reckoned to be the city's most expensive as well. Costs on the Perthshire project soared after Mittal decided some of the finished weren't up to standard, Scotland's Daily Record reports.
At one point he demanded a $125,000 bathroom be torn out and done over. "We are all very aware that Lakshmi Mittal has bought the property and he has been very particular about the specifications," one neighbor told the paper. "He has flown in several times and I have spoken to his wife, who seemed very down to earth. I get the impression she is more likely to use the facilities up here than her husband. I think their priority is getting it perfect." The six-bedroom main residence will have furnishings by Ralph Lauren, a state-of-the-art entertainment system, two kitchens and staff quarters among other amenities.











The Ritz-Carlton Berlin
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