New Delhi, July 22 -- The ninth richest billionaire in the UK and shipping tycoon John Fredriksen, is planning to sell his luxurious house in London after stating that the country has "gone to hell." Fredriksen is selling his 300-year-old Georgian mansion after moving to the United Arab Emirates.

His property is one of the most expensive houses in Britain, worth nearly $337 million (£250 million), according to a report by The Times. The private residence, called The Old Rectory, is situated in Chelsea, an affluent neighbourhood in West London and one of the city's most sought-after areas. It comprises 10 bedrooms spread across 30,000 sq ft, two acres of gardens, and a ballroom. Fredriksen, born in Norway, has owned The Old Rectory s...