American Billionaire Defies BrexitBy Buying London's Most Expensive House

Hedge fund billionaire Ken Griffin has just bought one of the most expensive homes ever sold in London. The founder of the hedge fund Citadel paid £95 million ($122 million) for 3 Carlton Gardens close to Buckingham Palace. It is the largest amount publically paid for a property in London since Lakshmi Mittal bought his house in Kensington Palace Gardens for £117 million ($150 million) a decade ago. Citadel's communication officer, Julie Andreeff Jensen, confirmed the purchase. In October last year, property developer Nick Candy remortgaged his penthouse in London's One Hyde Park for £160 million ($206 million), which made it London's priciest valuation, though it did not change hands. He is now demanding £150,000 a week in rent, another record-breaker.