Tom Ford Snaps Up a Posh London Mansion for $104 Million

The billionaire fashion designer, who sold his eponymous label to Estée Lauder for $2.8 billion, has now broken a record for the priciest home sale in the U.K. this year after snapping up a London residence for a staggering £80 million ($104 million), The Times reported. The trophy dwelling, which is “believed to be a white stucco-fronted mansion,” is located in the city’s affluent Chelsea neighborhood near Hyde Park and the River Thames. However, further details regarding Ford’s new digs are still largely under wraps—other than it was last purchased for £16 million ($20 million) about two decades ago.