Forbes Family Selling 300-Year-Old London Mansion

The Forbes family has decided to unload their historic London home, Old Battersea House, which Malcolm Forbes purchased in the early 1970s. (See our photo gallery of the Old Battersea House.)

Situated along the Thames river, just on the other side of Chelsea, the 10-bedroom mansion with five reception rooms is listed by Savills for 12,000,000 sterling pounds, which is about $19.4 million. Yes, this is how the wealthy live (and for more on that topic, see "Forbes Richest People: Where and How They Live")

The listing for Old Battersea House says this is a "unique opportunity to buy a piece of English history," and so it is. Since it was built in 1699, the property, set behind electric gates and a partially walled garden, has been graced by kings, princes and presidents. Elizabeth Taylor spent her honeymoon with seventh husband Larry Fortensky here.