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The TelegraphThe head of the world’s largest vaccine manufacturer is said to have agreed to pay one of the highest rents in Britain at £50,000 a week for his Mayfair home.

Adar Poonawalla, chief executive officer at the Serum Institute of India, is said to have agreed to pay the record sums to Polish billionaire Dominika Kulczyk for a 25,000 square foot mansion in one of the country’s most exclusive neighbourhoods.

The mansion is one of the largest residences in Mayfair, the equivalent size of around 24 average homes, and comes with an adjoining guest house.

A spokesperson for Mr Poonawalla, who lives in Pune city, near Mumbai, did not respond to questions on Wednesday night about whether the agreement meant he planned to spend more time in the UK.

The 40-year-old is a member of one of the world’s richest families, which has a $15 billion fortune, the bulk of it derived from the vaccine maker founded by his father Cyrus Poonawalla in 1996.

Published On: Wed, 24 Mar 2021 08:02:58 GMT