Billionaire John Caudwell has sold his London mansion, a property that was once home to prima ballerina Margot Fonteyn, for £55 million. The Art Deco-inspired property, Fonteyn House, was rebuilt into the 16,000 square foot behemoth that it is today.
Billionaire John Caudwell sells London mansion for £55million, a property that was once home to prima ballerina Margot Fonteyn . The Art Deco -inspired property, Fonteyn House , was bought by the businessman in 2010 and was rebuilt into the 16,000 square foot behemoth that it is today.
The home, which overlooks the V&A, features a 12-metre swimming pool and a cinema screen, as well as a spa complete with a hot tub and ice fountain, a cocktail bar, and a gym. The property was sold after just four weeks on the market, a significant amount of time considering the price of the property.
The mansion was once the Panamanian Embassy, but became Dame Fonteyn's home when she married Roberto Arias, who was Panama's ambassador to the UK at the time. Visitors to the home over the years have included Princess Margaret, Yves Saint Laurent and Fonteyn's dance partner, Rudolf Nureyev. Russian ballerina Nureyev stayed at the house after defecting from the Soviet Union in 1961, while negotiating his contract with the Royal Ballet.
Fonteyn and Nureyev used the bedroom suite on the second floor - now a guest bedroom - as a dance studio. The billionaire is also known for his other multimillion-pound properties in London, including a Mayfair property that he recently sold. He is also currently spearheading another London development which will feature 29 homes, including three penthouses worth £200million each.
The £2billion block at 1 Mayfair will feature a 1000-book library, curated with the help of the Duke of Devonshire, 81-year-old Peregrine Cavendish. The development will also include a health spa and 20-metre swimming pool, and is set to be the UK's most decadent new residential address. But the place the billionaire calls home is actually Grade I-listed Staffordshire manor house, Broughton Hall.
Built in the 1600s, John Caudwell told the Mail it was his 'spiritual home' after he bought it in the 1990s. The billionaire also owns an £80million megayacht, which has personalised spas, five state-of-the-art ensuite bedrooms and even a Michelin star chef. The boat, one of the world's most elite superyachts, can be chartered to wealthy tycoons for £600,000 a week.
Named Titania after the Queen of the Fairies in Shakespeare's A Midsummer Night's Dream, the 73-metre-long vessel featured in a Channel 4 documentary last December. While John is the owner of the mighty boat, he only visits it once or twice a year, as wealthy VIPs charter it the rest of the time
Billionaire John Caudwell London Mansion Margot Fonteyn Art Deco Fonteyn House V&A 12-Metre Swimming Pool Cinema Screen Spa Hot Tub Ice Fountain Cocktail Bar Gym Panamanian Embassy Roberto Arias Princess Margaret Yves Saint Laurent Rudolf Nureyev Royal Ballet Broughton Hall Staffordshire Manor House £80Million Megayacht Titania Channel 4 Documentary
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Billionaire John Caudwell Sells Historic London Mansion Once Home to Margot Fonteyn for £55 MillionJohn Caudwell, founder of Phones4u, has sold the Knightsbridge property Fonteyn House for £55 million after only four weeks on the market. The Art Deco mansion, formerly the Panamanian Embassy, was famously the home of prima ballerina Margot Fonteyn and hosted icons like Rudolf Nureyev and Princess Margaret. The 16,000 sq ft home features a pool, cinema, and spa. This sale is the latest in a series of high-profile property moves by the billionaire, who is also developing the £2 billion 1 Mayfair project and owns a Grade I-listed manor and a £80 million superyacht.
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