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From left: Blackstone boss Stephen Schwarzman, Citadel hedge fund founder Ken Griffin and WhatsApp founder Jan Koum \u00a9 Bloomberg<\/p>\n
\u201cCertainly US buyers have become the most important demographic in prime central London development,\u201d said Rupert des Forges, head of prime central London development sales at Knight Frank, which sold residences at the Peninsula. <\/p>\n
\u201cThe average price of an apartment holds the record as the most expensive building in London, and the most expensive penthouse sold in London, per square foot,\u201d he added of the building. <\/p>\n
Des Forges began selling properties off-plan in 2018, meaning they were sold before they were completed. He declined to comment on specific buyers, who can enjoy room service and fresh flowers that \u201calign with the residents\u2019 preferred style or interiors scheme\u201d, according to marketing materials. <\/p>\n
Peninsula chefs can also work with residents\u2019 vets to \u201ccreate bespoke\u2009.\u2009.\u2009.\u2009menus that support\u201d the dietary needs of their pets.<\/p>\n
Schwarzman \u2014 whose Peninsula purchase cost \u00a340mn \u2014 has an estimated net worth of $55.3bn, according to the Bloomberg Billionaires Index. In 2022, he bought a 2,500-acre country estate on the border between Wiltshire and Hampshire for \u00a380mn. <\/p>\n
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Industry figures said Griffin\u2019s purchase of the Belgravia penthouse for more than \u00a3100mn had spurred other buyers. The acquisition came after Griffin, worth $48.3bn, paid \u00a395mn for a Georgian house near Buckingham Palace in 2019.<\/p>\n
\u201cHe is a collector of trophies,\u201d said Ian Pidgeon, director of residential development sales in London at estate agency Savills. \u201cWhen you look at what he owns in New York, that gives further gravitas to buyers for being part of the same journey.\u201d<\/p>\n
Koum has a net worth of $20.3bn, while Chelsea FC co-owner Boehly has a net worth of $8.7bn. <\/p>\n
Representatives for Schwarzman, Griffin, AQR Capital Management and the Peninsula declined to comment. A representative for Boehly did not return messages seeking comment. Koum did not respond to requests for comment. Snyder could not be reached for comment. <\/p>\n
The Peninsula is a comparatively small hotel chain, with just 12 sites around the world, and is considered high-end by the wealthy. Its London outpost cost just over \u00a31bn to build.<\/p>\n
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The Peninsula London: advisers said buyers had wanted the advantages of living in a hotel while retaining a homelike feel \u00a9 The Peninsula<\/p>\n
Buyers in the UK capital can choose from two-bedroom properties starting from 2,500 sq ft and three-bedroom homes more than 4,000 sq ft. Some offer views of the gardens and tennis court of Buckingham Palace. <\/p>\n
Advisers said there had been competition among buyers, who wanted the advantages of living in a hotel while retaining a homelike feel, but agents said smaller flats, as well as those with less appealing views, were proving harder to offload. <\/p>\n
More than 4,120 US citizens applied for British citizenship in the first half of 2025, the highest number since records began and a 39 per cent rise on the same period in 2024, according to official data.<\/p>\n