Behind every billionaire there is a story!

Tycoon sells up to escape Barratt homes

Not everyone wants to live next door to a new Barratt home - and it seems billionaire Lakshmi Mittal is among them.

As the housebuilder prepares to launch the first flats in a development in The Bishop’s Avenue, Hampstead, next week, the steel tycoon has decided to sell his home, which is adjacent to the site.

He has placed his property, Summer Palace, on the market with two estate agents with an asking price of £40 million - considerably more than the £4 million to £11 million for one of the Barratt flats

read the rest published by Evening Standard here:

http://www.thisislondon.co.uk/standard/article-23444249-details/Tycoon+sells+up+to+escape+Barratt+homes/article.do