Tom Ford has purchased a luxurious mansion in London for $104 million, strengthening his real estate empire with this historic and costly property.
The billionaire fashion designer and entrepreneur has expanded his real estate portfolio with the acquisition of an impressive mansion in London’s exclusive Chelsea neighborhood. The property, acquired for $104 million (approximately £80 million), is now the most expensive residence sold in the UK in 2023, according to Bloomberg reports. This record-breaking price marks a significant leap, considering that the previous owner had bought it nearly two decades ago for just $20 million (£16 million).
The purchase of this elegant, likely history-rich mansion underscores Ford’s interest in high-profile properties in prime locations. His real estate collection, which includes properties in New York, Los Angeles, Aspen, Palm Beach, and the Hamptons, now totals over $250 million. This expansion follows the recent sale of his namesake brand to Estée Lauder in November 2022, in a deal valued at $2.8 billion, which significantly boosted his fortune.
After stepping down from the creative direction of his brand, Tom Ford seems to be focusing on a new personal chapter, leveraging his success to settle in one of the world’s most cosmopolitan cities and enjoy the exclusivity that only London can offer.
