Inside Arsenal Owner Stan Kroenke’s £20m Malibu Beach Home That Was Set To Be Princess Diana And Dodi Fayed’s Pad
WITH a net worth of around £8.2billion, Stan Kroenke is literally laughing all the way to the bank.
The Arsenal owner collects properties like he's playing a game of Monopoly, once splashing £500million on a ranch in Texas that's so big it could fit New York and Los Angeles inside it.
'Silent Stan' also owns properties in Colorado and Montana, as well as an £11million penthouse inside the five-star Montage hotel in Beverly Hills.
But his most high-profile purchase came in 1998, when he splashed around £8million on this incredible home in Malibu.
The beach side property was originally owned by Dodi Fayed, and was set to be home for the movie producer and Princess Diana before their tragic deaths in a car accident.
WHAT £20MILLION GETS YOU
Found on the Pacific Coast Highway, the property sits above the beautiful Paradise Cove.
While the vast five-acre piece of land it sits on stretches from the road all the way through to the sand and sea.
The home, also previously owned by Julie Andrews, includes a contemporary mansion, as well as a Mediterranean-style residence which acts as a guest home.
The main house features five bedrooms, six bathrooms, has a stunning swimming pool and boasts a tennis court.
There are three reception rooms, while the kitchen opens into a pool deck, and the living room has a limestone fireplace and pine beams.
An incredible glass domed dining room with views on all sides can also be found on the ground floor.
Upstairs, the master bedroom suite has a beamed ceiling, its own sitting room, two bathrooms, and there's plenty of closet space.
High-profile neighbours include Friends actress Courteney Cox, U2 guitarist The Edge, former supermodel Cindy Crawford and pop star Lady Gaga.
FIT FOR A PRINCESS
Before Kroenke bought the compound, Princess Diana had her heart set on living there.
Dodi, the son of the former Harrods owner Mohamed Al-Fayed, bought the home for around £7million - just months before he and Princess Di were tragically killed in Paris.
And Diana's former butler Paul Burrell revealed that it was set to be the pair's secluded pad.
“A lovely house … saw all the plans for it. It was going to be in Malibu,” he told ABC News in an interview in 2007.
"We sat on the floor, spread out all the maps and the layout of the house.
"She said, 'This is our new life, just won't it be great, think of the lifestyle the boys — nobody's judgemental here in America, you don't have the class system, you don't have the establishment."'