Living
CEO Rents London Mansion for $69,000 a Week in Mayfair Record
- Adar Poonawalla is leasing the home from a Polish billionaire
- Deal will be a boost for struggling London luxury homes market
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The head of the world’s largest vaccine manufacturer agreed to rent a property in Mayfair for about 50,000 pounds ($69,000) a week, a record for the exclusive London neighborhood, according to two people with knowledge of the transaction.
Adar Poonawalla, chief executive officer at the Serum Institute of India Ltd., is leasing the home on one of the district’s best roads from Polish billionaire Dominika Kulczyk, the people said, asking not to be identified as the deal is confidential.