Saudi prince stays in 'world's most expensive home' during Paris trip

The Chateau Louis XIV in Louveciennes was bought by an undisclosed buyer in 2015 for 275 million euros. PHOTO: AFP

PARIS (AFP) - During his trip to France to meet President Emmanuel Macron, Saudi Arabia's Crown Prince Mohammed bin Salman is staying at a lavish chateau dubbed "the world's most expensive home" when he purchased it in 2015.

The Chateau Louis XIV in Louveciennes outside Paris is a new-build mansion intended to mimic the extravagant luxury of the nearby Versailles Palace, once the seat of the French royal family.

The 7,000 sq m property was bought by an undisclosed buyer in 2015 for 275 million euros (S$385 million), leading Fortune magazine to call it "the world's most expensive home."

Prince Mohammed, 36, was reported two years' later by The New York Times to be the ultimate owner via a series of shell companies.

Local government officials confirmed to Agence France-Presse that the controversial heir to the Saudi throne was staying at the property ahead of his dinner with Mr Macron later on Thursday (July 28).

Reporters outside the perimeter wall saw security personnel in suits guarding the entrance and a large police presence, including half a dozen vehicles.

Mr Macron and Prince Mohammed were set to meet at the more modest Elysee presidential palace later on Thursday for talks that critics in France view as inappropriate.

Prince Mohammed was judged by US intelligence to have approved the gruesome murder and dismemberment of journalist Jamal Khashoggi in the Saudi consulate in Istanbul in 2018.

But after four years as an international pariah, the prince is being courted by Western leaders again as they urgently seek fresh energy supplies to replace lost Russian production.

In a twist of history, the Chateau Louis XIV was built by Mr Khashoggi's cousin Emad Khashoggi, who runs a luxury property development business in France.

The chateau features a nightclub, a gold-leafed fountain, a cinema, as well as an underwater glass chamber in the moat that resembles a giant aquarium with white leather sofas.

Photos on the website of Mr Emad Khashoggi's company, Cogemad, also show a wine cellar, although alcohol is strictly prohibited in Saudi Arabia.

Chateau Louis XIV was built in 2009 after a 19th-century castle on the plot was bulldozed.

Prince Mohammed's extravagant spending since emerging as the main powerbroker in Saudi Arabia has repeatedly made headlines.

The son of King Salman bin Abdulaziz Al Saud bought a US$500 million (S$692 million) yacht in 2015 and was also reported to be the mystery buyer of a US$450 million Leonardo da Vinci painting in 2017. The latter purchase has been officially denied.

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