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Swiss Billionaire Buys a £92 Million Belgravia Home

  • Mansion’s 80-plus rooms include a cinema and a swimming pool
  • Deal is latest sign of a resurgence in demand for luxury homes
A terrace of residential houses in the Belgravia district of London.

A terrace of residential houses in the Belgravia district of London.

Photographer: Simon Dawson/Bloomberg

Swiss billionaire Ernesto Bertarelli is acquiring a home in London’s exclusive Belgravia district for about £92 million ($113 million), the latest sign of a resurgence in the city’s luxury property market.

The house was built in the 19th century and has more than 80 rooms, according to people with knowledge of the matter, who asked not to be identified as the transaction is private.