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Adar Poonawalla rents London mansion for $69,000 a week, says report

The mansion is one of the largest residences in the neighborhood and measures about 25,000 square feet (2,322 square meters), the equivalent of about 24 average English homes

Deirdre Hipwell and Olivia Konotey-Ahulu | Bloomberg

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Adar Poonawalla, CEO of Serum Institute of India Ltd. (Photo: Bloomberg)

3 min read Last Updated : Mar 25 2021 | 1:29 AM IST

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.

The mansion is one of the largest residences in the neighborhood and measures about 25,000 square feet (2,322 square meters), the equivalent of about 24 average English homes. The property also comes with an adjoining guest house and backs onto one of Mayfair’s “secret gardens,” which are only accessible to residents.