{"id":22438,"date":"2019-12-04T10:08:35","date_gmt":"2019-12-03T21:08:35","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=22438"},"modified":"2019-12-04T10:08:35","modified_gmt":"2019-12-03T21:08:35","slug":"how-billionaire-sanjeev-gupta-has-built-his-property-empire","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/how-billionaire-sanjeev-gupta-has-built-his-property-empire\/","title":{"rendered":"How billionaire Sanjeev Gupta has built his property empire"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Businessman Sanjeev Gupta, otherwise known as the \u201cman of steel.\u201d\u00a0<span class=\"photographer\">Photo:\u00a0Nic Walker<\/span><\/strong><\/p>\n<p class=\"first-para\">Billionaire industrialist Sanjeev Gupta has made his name globally as the\u00a0\u201cman of steel\u201d for redeveloping troubled steel and metals industries, but is less known for his penchant for grand historic houses.<\/p>\n<p class=\"p1\">His taste in housing has not gone unnoticed by many of Sydney\u2019s trophy home owners, however. Since Gupta and his wife Nicola moved to Sydney in 2016, and took up residence in businessman Ian Joye\u2019s $30,000-a-week Bellevue Hill estate Barford, the couple had been cited as fairly regular house hunters.<\/p>\n<p class=\"p1\">They were hoped-for buyers of Singaporean tycoon Chio Kiat Ow\u2019s Vaucluse waterfront estate\u00a0<a href=\"https:\/\/www.domain.com.au\/news\/hotel-mogul-jerry-schwartz-the-buyer-of-chio-kiat-ows-67million-vaucluse-trophy-estate-20180112-h0h7y8\/\" target=\"_blank\" rel=\"noopener\">Phoenix Acres<\/a>\u00a0before it sold to hotel mogul Jerry Schwartz for $65.25 million in late 2017,\u00a0<a href=\"https:\/\/www.domain.com.au\/news\/atlassian-founder-scott-farquhar-smashes-70-million-house-price-record-to-buy-elaine-in-point-piper-20170429-gvvatq\/\" target=\"_blank\" rel=\"noopener\">the Elaine estate<\/a>\u00a0in Point Piper before tech boss Scott Farquhar bought it for $71 million and they looked at buying\u00a0<a href=\"https:\/\/www.domain.com.au\/news\/bellevue-hills-rona-estate-sold-for-60m-from-one-property-tycoon-to-another-20181013-h16fj1-772881\/\" target=\"_blank\" rel=\"noopener\">Bellevue Hill\u2019s Rona estate<\/a>\u00a0before it sold for $58 million last year.<\/p>\n<p class=\"p1\">Through it all, the third-generation industrialist has been making headlines around the world as he transforms his Liberty House Group from a family business empire to a global industrial powerhouse with an annual turnover of close to $20 billion.<\/p>\n<p>READ MORE\u00a0 VIA <a href=\"https:\/\/www.domain.com.au\/news\/how-billionaire-businessman-sanjeev-gupta-has-built-his-prestige-property-empire-910031\/\">DOMAIN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Businessman Sanjeev Gupta, otherwise known as the \u201cman of<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/how-billionaire-sanjeev-gupta-has-built-his-property-empire\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":22439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478099464,478102792,478098819,478108064,478108065,478098928,478098513,478100061,478098642,478099141,478098510,478098511,478098509,478107287,478098536,478108066],"class_list":["entry","author-data123nz","post-22438","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australian-property","tag-australian-property-investors","tag-billionaire","tag-billionaire-industrialist","tag-historic-houses","tag-investment","tag-property","tag-property-empire","tag-property-investement","tag-property-investor","tag-property-news","tag-real-estate","tag-real-estate-news","tag-sanjeev-gupta","tag-sydney","tag-trophy-home-owners"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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