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Bloomberg Bought a New London Home for $25 million

Michael Bloomberg has added a historic London mansion from the upmarket neighborhood of Chelsea in his real estate portfolio. The former New York mayor paid a million and six hundred thousand dollars over the original asking price of the house which totaled to $25 million.

The luxurious seven- bedroom house was built in 1715 and has a scenic look of the River Thames. The new property was nearby his other London property in Knightsbridge, which he usually uses for his business meeting and entertaining business leaders, politicians and cultural figures.

Bloomberg's new haven has a total of 6, 300 square feet, a large central staircase, and a painted ceiling that shows the goddess of love, Venues, emerging out of the sea. The house also boasts its mixed Victorian- inspired interiors and modern fixtures. It was also the former home of English writer George Eliot while its neighborhood was once home to different top artists and musicians like Mick Jagger and Keith Richards.

Michael Bloomberg is known to have close relations with United Kingdom and was recognized for his business and philanthropic deeds by receiving an award of honorary knighthood last 2014 by Queen Elizabeth II. In addition to this, he's also known for helping the London mayor, Boris Johnson in different projects for the improvement of the city as well as supporting the arts and culture of the country by participating in different theatrical and gallery activities.

Bloomberg rose to the market scene and upscale business after founding his company, Bloomberg L.P. His company's services include providing software, news and data for financial professionals and companies. When he became New York City's mayor in 2012, he remained the owner of the company but stayed in the limelight to focus on his duty to the city but later returned to run the company himself in 2014.

Bloomberg L.P. is currently expanding to Europe starting with London and employs a total of more than 15,000 people all over the world.


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