---
title: The Mystery Owner Of This $300M French Chateau Has Been Revealed
description: Saudi Prince buys one of world's most expensive homes.
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published: '2017-12-18T19:57:39.000Z'
modified: '2024-04-17T07:28:09.000Z'
section: Housing
tags:
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![A luxurious private house is seen in an aerial view in Louveciennes, near Paris](https://img.money.com/2017/12/171218-expensive-house.jpg)
*An aerial view of a luxurious private house in Louveciennes, near Paris July 14, 2011. The Chateau Louis XIV is a brand new luxurious private property inspired by the Chateau of Vaux le Vicomte near Paris.*

When Chateau Louis XIV sold for 275 million euros, or about $300 million, in 2015, the purchase seemed like something out of a fairytale. The mansion in Louveciennes, France, which *Bloomberg* called the world's priciest home, is reminiscent of an enchanted castle, complete with moat, hedged labyrinth, gold-leafed fountain -- and a mysterious buyer.

Two years after the sale, the buyer is no longer a mystery. According to [*The New York Times*](https://www.nytimes.com/2017/12/16/world/middleeast/saudi-prince-chateau.html), the owner of the chateau is Crown Prince Mohammed bin Salman, a Saudi prince who used several shell companies to purchase the estate.

Think the Crown Prince's name sounds familiar? If you haven't heard about the prince's [rule over Saudi Arabian politics](https://time.com/5068500/how-saudi-crown-prince-mohammed-bin-salman-upending-old-orde/), maybe you remember he [purchased a $450 million DaVinci painting](https://www.npr.org/sections/thetwo-way/2017/12/07/569142929/mystery-solved-saudi-prince-is-buyer-of-450m-davinci-painting) via proxy earlier this month or that he also [bought a $550 million yacht](https://www.nytimes.com/2016/10/16/world/rise-of-saudi-prince-shatters-decades-of-royal-tradition.html?_r=0) in 2016.

*The New York Times* identified the buyer by tracing ownership of the companies used to purchase the chateau to Eight Investment Company, a firm with ties to the prince. According to *The New York Times*, advisers to members of the Saudi Arabian royal family say the prince ultimately owns the property.

What makes a home worth $300 million? In the case of Chateau Louis XIV, it's a combination of historical style and new luxuries. The sprawling estate is situated on 57 acres of land that, according to the *The New York Times*, used to house a a 19th-century castle until it was bulldozed to make way for the new chateau. According to [*The Times*](https://www.thetimes.co.uk/article/a-new-build-mini-versailles-6z9qh65tzgf), a U.K.-based newspaper, the chateau's 50,000 square feet of living space comes with a mini-nightclub, a movie theater, two kitchens, a half-indoor, half-outdoor swimming pool and an aquarium with views of the moat.

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