Peter Conradi and Dipesh Gadher
Win tickets to the ATP finals
Find other millionaires in the Sunday Times Rich List
THE estate agent who made £370m when he sold Foxtons at the height of the property boom has turned down an offer of close to £200m for his home from Britain’s richest family.
Jon Hunt, 54, rejected an unsolicited approach for his mansion at 10 Kensington Palace Gardens – one of London’s most exclusive streets – from Aditya Mittal, 32, the son of Lakshmi Mittal, the Indian-born steel tycoon, according to a friend of Hunt. The seven-storey grade II-listed property is opposite Mittal Sr’s home, which he bought for £57m in 2004 from Bernie Eccle-stone, the Formula One boss.
The audacious bid shows that the top end of the housing market continues to thrive. Sources close to the Mittals said Aditya had expressed interest in the house but the £200m price tag was exaggerated. “It wasn’t that high,” said a friend.
Hunt and the Mittals refused to comment.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
36-month car lease
on contract hire for
£359.99 plus VAT pm
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
The UK's leading alternative to showroom finance.
Finance packages tailored to your needs.
Minimum loan of £15,000
Car Insurance
£12,578 per annum
The Independent Housing Ombudsman
London
Competitive
Barclaycard
Not Specified
The Sheppard Trust
London
£80-95,000
Clay McGuire Executive Selection
Moments from Battersea Park.
For sale with Winkworth.
See your free Experian credit report beforehand
Book now & save over £100pp.
11 cool resorts, lowest prices... Early Booking offers 15 Nov.
20% off selected Azores holidays taken in October with Sunvil Discovery
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.