Billionaire Row in London is a term used to describe an area in the city where some of the wealthiest people in the world reside. This exclusive street, also known as The Bishops Avenue, is located in the affluent borough of Hampstead, north of central London.
History of Billionaire Row
The Bishops Avenue was built in the early 20th century as a part of an ambitious project to build a new suburb for London’s wealthy elites. The street was designed to be grand and luxurious, with large mansions and gated estates. However, it wasn’t until the 1980s when the street became known as Billionaire Row.
Who Lives on Billionaire Row?
Billionaire Row is home to some of the wealthiest people in the world. Many of these residents are billionaires who have made their fortunes through various industries such as finance, real estate, and oil.
Some notable residents include:
- Lakshmi Mittal – Indian steel magnate
- Heather Kerzner – American hotelier
- Trevor Abrahmsohn – British real estate agent
- Roman Abramovich – Russian oligarch and owner of Chelsea Football Club
The Mansions on Billionaire Row
The mansions on The Bishops Avenue are some of the most expensive properties in London. These grand homes feature sprawling gardens, swimming pools, tennis courts, and multiple bedrooms.
Some notable mansions include:
- The Mount Royal Mansion – A Grade II listed mansion with over 16 bedrooms and an indoor pool.
- The Heath Hall Mansion – A seven-story mansion that was once home to former British Prime Minister William Ewart Gladstone.
- Fairways Mansion – A 12-bedroom mansion with a cinema, gym, and underground car park.
The Future of Billionaire Row
Despite the exclusivity and luxury of Billionaire Row, the area has faced challenges in recent years. Some of the mansions on The Bishops Avenue have been left unoccupied for years, leading to concerns about security and maintenance.
In addition, there have been calls to make the area more accessible to the public. Hampstead Heath, a large park located near Billionaire Row, has been a popular spot for locals and tourists alike. However, access to The Bishops Avenue has been restricted due to security measures.
Conclusion
Billionaire Row is an exclusive street in London that is home to some of the wealthiest people in the world. With its grand mansions and gated estates, it’s no wonder why this area has gained so much attention. While there are concerns about its future, it remains one of London’s most luxurious neighborhoods.