Tom Ford Purchases $104 Million Mansion in London

The fashion mogul's acquisition marks the UK's most expensive property deal of the year amid a wave of American buyers in the London market.

Tom Ford's new residence is a white stucco-fronted mansion located in the prestigious Chelsea district of London.
The purchase was completed just before a UK budget increase on stamp duty for second homes, saving Ford approximately £1.6 million.
Ford's acquisition is part of a trend of wealthy Americans buying luxury homes in London, driven by favorable exchange rates and political concerns in the US.
This latest addition to Ford's extensive real estate portfolio follows his sale of a property in Regent's Park and brings his total property holdings to around £270 million.
Ford's decision to buy in London comes after selling his fashion brand to Estée Lauder for $2.8 billion, which significantly boosted his net worth.