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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Real Estatemost expensive homes

This is Now the World’s Most Expensive Home

By
Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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December 15, 2015, 4:45 PM ET
Photo by Patrice Diaz // CC BY-SA 3.0

Chateau Louis XIV, located about 15 minutes outside the Parisian neighborhood of Triangle d’Or, just broke the world record for most expensive home.

The villa was developed by the “haute-couture” estate designer Cogemad and brokered by Christie’s International Real Estate, Bloomberg reports. It was said to have been sold to an anonymous Middle Eastern buyer for more than $301 million. The previous world record holder was a London penthouse that sold for the considerably lower price of $221 million.

The Chateau, which lies on 56 acres of land, blends 17th century-inspired design with cutting edge technology, according to Cogemad’s website. The high-tech controls are supposedly indistinguishable from the decor. Household amenities include an aquarium, a movie theater, a wine cellar, a gold-leafed fountain, and even a hedged labyrinth.

Though the website states that it was built only recently, Cogemad boasts that the Chateau Louis XIV fulfills the French standards for what constitutes a historical monument.

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