Billionaire Mittal Said to Buy ‘Beverly Hills of Dubai’ Home

Lakshmi Mittal, among Britain’s richest residents, is the buyer of one of Dubai’s priciest mansions, people familiar with the matter said.

The India-born billionaire snapped up a palatial home in a gated community known as the “Beverly Hills of Dubai,” said the people, who didn’t want to be identified speaking publicly about the purchase, adding the home sold earlier this year.