Karl is downsizing.
Karl keeps two Hummers in Paris and one in Monte Carlo.
"I have moved to a smaller house in Paris, and I don't fancy having so much staff now.The chambermaid, chauffeur and chef are still musts around the clock."
"The Hummer is like a tank and gives me a feeling of security. I don't want to drive at the same level as the others."
He recently purchased a new home in Vermont, but doesn't consider it flashy.
"In fact it's almost Puritanical. For me it's a new form of modesty."