Global super-rich bought 153 homes for at least £20m each in past year



Global super-rich bought 153 homes for at least £20m each in past year

Highest number of sales in Hong Kong as London’s ultra-prime housing market slips amid Brexit concerns

More than 150 homes around the world changed hands for more than £20m ($25m) each in the past year, as the “relentless creation of private wealth” fuelled the global ultra-prime housing market.

The world’s richest people spent a combined £5.2bn ($6.6bn) on 153 properties that each sold for more than £20m in the year to end of August 2018, according to research by the estate agent Knight Frank.

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Source: Guardian

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