Apollo Founder Leon Black Buys $28 Million London Luxury Home

  • Belgravia home sold for 2 million pounds below asking price
  • Property comprises a four-bedroom apartment and a mews
Leon BlackPhotographer: Patrick T. Fallon/Bloomberg
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Billionaire Leon Black agreed to buy a mansion in one of London’s most expensive districts for about 21 million pounds ($28 million), according to a person with knowledge of the matter.

The Eaton Square residence is a 15-minute walk from Buckingham Palace and was once the residence of former Prime Minister Stanley Baldwin. The property sold for about 2 million pounds below the asking price, the person said, asking not to be identified as they weren’t authorized to discuss the deal.