A BILLIONAIRE hedge fund boss is causing mayhem on David and Victoria Beckham’s posh London street with his grand renovations despite "never living" in the £23 million home eight years after buying it.
The road in West London – home to some of the capital’s richest bankers and embassies – came to a complete standstill last week when it was blocked off by a giant crane lifting dozens of sacks of soil and paving just to build the garden.
The American tycoon and his wife have been involved in a fierce High Court battle with other mega-rich residents over plans to extensively reconstruct their £23.3 million property.
The pair have pressed ahead with the controversial restorations – close to the Beckhams – even though it’s claimed they’ve never lived in the home since buying it in 2013.
It became so notorious as a “ghost mansion” that the Royal Borough of Kensington and Chelsea threatened them with repossession to solve the council’s affordable housing crisis.
Their neighbour even took them to court over their “totally unacceptable” plans to dig out a 3,500 sq ft “super basement" including swimming pool, changing room, gym, sauna and steam room under the garden of their Grade II listed villa.
The garden plans include a plant room, three water features, dining area and chill out zone surrounded by trees and woodland.
The neighbour won the court battle in 2015, but the billionaire resubmitted plans, which were approved months later.
The billionaire’s wife hit back at criticism, saying: “It’s vacant because it’s under construction.
"We’ve had planning issues, so that’s delayed the construction, so it’s not really our fault that the house is still empty.
"The house was in such a state that you literally couldn’t put anyone in there.”
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