A Hong Kong billionaire paid $276 million for London's most expensive home last year. Now, he plans to spend another $277 million renovating it.

Last year, Hong Kong billionaire Cheung Chung Kiu obliterated London’s real-estate record by paying roughly $276 million for a 45-room mansion overlooking Hyde Park. Now, he reportedly plans to spend roughly that same amount to renovate it. Cheung has submitted plans to the Westminster City Council …

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