close

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
Image
Premium

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

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.
Or

Also Read

Covishield to cost Rs 200/dose for first 100 mn doses to govt: Serum CEO

A jab at risk: Serum's quest to lead the world in Covid-19 vaccine race

Raw material shortage may affect scaling up of Covishield production

Adar Poonawalla to acquire 60% in Magma Fincorp for Rs 3,456-crore

We are researching two candidates for Covid vaccines: Serum Institute CEO

Jubilant FoodWorks to bring US-based fast food chain Popeyes to India

SC remits to creditors Jaypee Infratech's resolution plan for approval

Spacewood Furnishers looks to double revenue at Rs 1,000 cr by FY2025

Ralf Speth, ex-CEO of JLR, to take over as TVS Motor chairman in 2023

Discom overdue increases 5.5-times in 5 states; disputes rising too

First Published: Mar 24 2021 | 9:20 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com