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Home sweet home sells for $229.9 million

LONDON, May 22 (UPI) -- A London mansion with a price tag of $229.9 million has found a buyer, sources said Thursday.

The Kensington Palace Gardens mansion belonging to hedge fund mogul Noam Gottesman will sell for more than $15,700 a square foot, The Times of London reported.

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The sale to billionaire Lakshmi Mittal will make it one of the most expensive homes ever sold, selling far above the previous record for London, which was $157 million.

Mittal is reputedly buying the home for his son, Aditya, 32, who wants to stay in the Kensington Palace Gardens area, where several billionaires reside, the Times reported.

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