Billionaire’s England mansion at center of divorce sees $24 million price cut
This 38,000-square-foot mansion in England has once again been at the center of one of the nation’s most expensive divorces is looking for a new owner – and this time for much less than before.
Windsor’s Bishopsgate House – which launched in 2018 and fetched around $71 million in today’s inflation-adjusted dollars – has returned for sale for around $42 million, down from a whopping $29 million discount corresponds to the original list price, The Post has learned.
The late Saudi billionaire Sheikh Walid Juffali shared this spread with his then-wife, American-born model and former Pirelli calendar girl Christina Estrada – a former girlfriend of Prince Andrew.
Despite the glamor of this 12 bedroom, 12 bathroom matrimonial mansion, the marriage between them turned bitter. The couple married in 2001; In 2012, then-60-year-old Juffali secretly married a 25-year-old Lebanese model in a supposedly lavish ceremony in Venice. They had two children — which prompted Estrada to file for divorce. (In 2014, however, Juffali divorced Estrada under Islamic law in Saudi Arabia — even without telling her.) Estrada asked for no less than $371 million in today’s dollars, adjusted for inflation, for the settlement.
2016 finally Estrada received more than $113 million in today’s dollars (nearly $100 million at the time) – a sum for which She reportedly felt grateful, but admitted it felt like a bit of a disappointment. Among her demands in court: $1.51 million a year for clothes – $61,000 a year for fur coats alone – and, by today’s figures, about $84 million for a new home in London.
“You have to understand,” she told the High Court, “I’m moving out [Bishopsgate House] to a five or six bedroom house.”
She also told the court, “I’ve lived this life. I’m used to that. It is difficult to convey the extraordinary level of luxury and opulence that we were privileged to enjoy.”
She also claimed her ex-husband was worth $12 billion when converted today – a fact Juffali denied. Less than two weeks after the July 2016 settlement, Juffali died of lung cancer at the age of 61.
“The family no longer lives in the home and have moved on, so they are very motivated to sell now,” says Becky Fatemi, the founder and CEO of Rokstone Properties – who represents this listing – told the Evening Standard. Fatemi has not responded to the Post’s request for comment as of press time. “They have been inundated with rental offers but want to sell it,” Fatemi added.
It is not clear which member of the Juffali family is behind the listing. The severely reduced demand is thanks to Brexit and the coronavirus pandemic, which is causing deep-pocketed foreign buyers to pull out of England’s luxury property market.
The listing for the 34-acre property, about 45 minutes by train from London’s Waterloo Station, includes details such as an indoor swimming pool, tennis court and heliport – as well as separate staff quarters, a stable yard and an annexe.
The main residence listing images show large living areas with wood paneled walls, polished hardwood floors, coffered ceilings and crown molding. Nearby is a formal dining room with a chandelier that also has wood paneled walls – as well as built in shelving and a fireplace. A separate seating area with scarlet wall panels and a gold-hued fireplace appears to have Chinese decorative touches. The indoor pool, on the other hand, features multicolored tiles on its floor.
Elsewhere on the grounds and just beyond the home’s spacious kitchen is an orchard, three greenhouses and a gardener’s room. The property also features a hedge maze with a central rotunda.
The standing house dates from 1926, although the property itself dates from the 13th century. The original Bishopsgate House traces its history back to the 18th century – and the property takes its name from monks who were granted permission to go through the house’s gate into Windsor Great Park, which the spread still has access to .
Whoever pays this enormous sum to call this house home is in prominent company. Queen Elizabeth is planning a full-time move to nearby Windsor Castle, which has traditionally been her weekend home. She is accompanied by her grandson, Prince Williamand his wife Kate Middleton, who are also planning to move to Windsor.
https://nypost.com/2022/04/13/billionaires-england-mansion-at-center-of-divorce-sees-24m-price-cut/ Billionaire’s England mansion at center of divorce sees $24 million price cut