Tag: Philanthropist

  • Andrey Borodin

    Andrey Borodin

    This billionaire former president of the Bank of Moscow lives in exile in London and is on the Interpol Red Notices wanted list as a suspect in a £136 million (13 billion rouble) fraud. (more…)

  • Richard Mason

    Richard Mason

    This talented author was born in South Africa but educated at Eton and New College, Oxford. The Drowning People, his first novel, gained him a “vast” advance and was published during his first year at university. It’s been translated into 22 languages and has sold over 3 million copies. Richard Mason funds a foundation in memory of his sister that pays for gifted South African children from poor backgrounds to attend the country’s top private schools and with a writing style that’s been compared to “Henry James on Viagra”, he’s definitely got many more pages to pen. An early critic, who told him he “should have killed [himself] rather than publish”, is now writing reviews of home décor shows.

     

  • Rocking with royalty

    Rocking with royalty

    A £26 million residence with connections to rock, royalty and rectors

     

    Built in the early 1500s, The Old Rectory is Wimbledon’s oldest house. Standing in grounds of 2.5 acres, this 16,200 square foot property was once described by a biographer of Sir Henry Cecil as being “not luxurious, but adequate” but now once again it finds itself in an entirely different league.

    An image of The Old Rectory, 82 Church Road, Wimbledon, London, SW19 5AA in 1978. Present day imagery has been removed at the request of agents acting for the current owners.

    Priced at £26,000,000, it is almost certainly one of the most expensive homes to ever come to the market in Wimbledon and whoever moves there next will undoubtedly be either an oligarch, an A-list personality or a top achieving business person.

     

    The purchaser will follow in the footsteps of a fascinating array of historically important residents, the first of whom was Henry VIII (1491 – 1547). The King took up residence in 1547 in the months prior to his death and is said, as he was so bloated, to have been unable to climb the stairs to his sleeping chambers. His bed was relocated to the great hall of the house and here he slept next to the fire. Historical research recounts that, with a brewhouse, beer and wine cellars, a coal cellar, meat room, buttery and two dairy rooms, this was a “house fit for a king.”

     

    Henry VIII (1491 – 1547)
    Catherine Parr (1512 – 1548)

    Henry VIII gave The Old Rectory, which was originally called The Parsonage House, to his sixth and final wife, Catherine Parr (1512 – 1548). Preferring a residence in Chelsea, Parr left and the Dean and Chapter of Worcester Cathedral took possession. A lease was sold to Sir William Cecil (1520 – 1598), later Lord Burgley, and the manor then passed to his son Thomas Cecil (1542 – 1623), the 1st Earl of Exeter.

     

    In 1639, Charles I (1600 – 1649) bought the entire manor and gave it to Queen Henrietta Maria (1609 – 1669) but with the era of Comwell, The Old Rectory found itself occupied by General John Lambert (1619 – 1684). Shortly after, when a grander house was built next door, the property became first a laundry house and then servant accommodation and gradually fell into decline.

     

    The Old Rectory passed next to Sir Theodore Janssen (1658 – 1748) in 1720. This French-born English financier, who was said to be worth the staggering sum of £250,000 at the time of his purchase of the house, was a founder member of the Bank of English but later disgraced for his part in the South Sea Bubble. He was expelled from the House of Commons and with his ruination, The Old Rectory saw yet another chapter of abandonment.

     

    The garden front of The Old Rectory by Charles Henry Money Mileham (1837 – 1917)

    By 1802, the house was described as an “uninhabited” ruin. A speculator credited with developing “modern Wimbledon” named John Augustus Beaumont bought it and restored and extended it but when it was sold to a Samuel Wilson in 1882 for £6,000, an era of truly comprehensive upgrades was to begin. Wilson added a pebble-dashed two-storey drawing room wing, carved oak doors and installed English, Flemish and Italian chimneypieces.

     

    The next owner was a marine engineer named Matthias Jacobs who had been responsible for the construction of tunnels in Paris and New York. After having purchased The Old Rectory in 1909, he commissioned his brother to add a new single storey billiards room, a service wing and a study extension to mask the medieval chapel of the house. Jacobs sold up in 1923 to a Thomas Lethaby, who fitted oak paneling from Chantry House in Newark and a plaster ceiling based on the one at Knole House, Kent.

     

    Lord Brock FRCS, FRCP (1903 – 1980)

    In 1953, the eminent London surgeon and cardiologist, Lord Brock FRCS, FRCP (1903 – 1980), took possession of The Old Rectory after having paid £13,750 for it.  Brock is credited as on of the pioneers of modern open heart surgery and also founded the Lord Brock Memorial Trust that to this day funds the museum he founded, The Old Operating Theatre Museum and Herb Garret in Southwark, SE1.

     

    Following the death of his first wife Germaine Louise Ladavèze, Brock sold to an Iraqi entrepreneur and philanthropist named Basil Faidhi in 1978. Faidhi had fled Iraq for Britain and though he spent vast sums restoring the house with assistance from English Heritage, he also created a basement discotheque for his daughter, Nina, and a bar. Aside from bringing the house into the “yuppie era,” Faidhi also commissioned a historian named Richard Milward MA to write a history of the building in 1992 entitled: The Rectory – Wimbledon’s Oldest House.

     

    The Queen lead vocalist and anti-badger cull campaigner Brian May CBE purchased The Old Rectory in 1994 for £4,000,000 with the intention of living there with the Eastenders actress Anita Dobson.

     

    Brian May CBE with his second wife Anita Dobson

    Dobson, who didn’t marry May until 2008, had other ideas and refused to move in. It was suggested that she preferred a smaller house the pair occupied in Kensington and, at the time, a friend commented:

     

    “[May] begged her to move into the new house so they can make a fresh start. Nobody can believe that Anita doesn’t want to be the lady of this fabulous house. But Brian says he can’t get through to her.”

     

    Sir Donald Insall CBE

    As a result, May never properly moved into The Old Rectory and eventually decided to sell. In 2006, it achieved a record price of £16,000,000 and in the ensuing years, an Italian architect-owner named Antonella Carminati and her husband have lavished time and money on further restorations with the help of Sir Donald Insall CBE’s Insall Associates firm of architects.

    The driveway that leads to The Old Rectory from Church Road gives plenty of privacy

    New fittings have been installed throughout and substantial extensions to the house have included a new kitchen and breakfast room with garaging beneath. The couple have demolished an early 20th century porch and an “unsightly” oak conservatory, remodeled the billiards room as a drawing room and removed a “bilious” blue swimming pool from the east lawn.

     

    Now featuring 12,882 square foot of accommodation in the main house and 3,320 square foot of additional accommodation, The Old Rectory has been planned to include 8 reception rooms; a vast kitchen with La Cornue appliances and an adjoining breakfast room; master bedroom suite with two dressing rooms, his and her bathrooms and a sitting room and 7 further bedrooms.

     

    Outside, the gardens feature an original medieval fig tree trail, shaded paths, lawns and a large pond as well as garaging for six cars. Planning permission for an indoor swimming pool complex has also been granted and ample staff accommodation is provided above one of the garages and in the gate lodge.

     

    Given the now limited financial resources of the traditional religious houses of Britain, will it be rock, royalty or new money that next takes possession of The Old Rectory? The historians of Wimbledon will undoubtedly be watching.

     

    The Old Rectory, 82 Church Road, Wimbledon, London, SW19 5AA is for sale through the Wimbledon office of Knight Frank. For more information call: +44 (0) 20 8946 0026.

  • Why pay less?

    Why pay less?

    Living life to the full Donald G. Abbey style

     

    “Why pay less when you can pay more?” is a mantra that some strangely choose to live by. In my time, I have encountered a couple with a different Ferrari for each day of the week, someone who proudly declared their home had a window for each day of the year and an heiress who insists upon the local baker feeding her dog daily with a freshly baked caviar pie.

     

    When I discovered a house in California priced at $78,000,000, I didn’t expect to subsequently find out that the same vendor is also selling another of his homes in Montana at the very same price. Having done a little research into Donald G. Abbey, the commercial real estate tycoon who owns both The Bradbury Estate and Shelter Island, I discovered that here indeed is another personality whose excess knows no bounds.

     

    I suppose when people sell homes of this worth, the asking price they set is quite irrelevant. “What,” I’m sure they ask, “is $5 million between friends?” Equally, when it comes to developing such properties, characters of this nature do not show any reserve. Bling is most definitely the order of the day and the larger and flashier one can build, I guess, the better.

     

    An aerial shot of The Bradbury Estate, 172 Bliss Canyon Road, Bradbury, California, CA 91008, USA
    The front elevation of the main house
    The owner and his guests need not get wet on arrival in their limousines

     

    Abbey’s Bradbury Estate is a case in point. This vast property consists of a 33,000 square foot main house with 7 bedrooms and 10 bathrooms. It is almost entirely made of French limestone and includes a chef’s kitchen with a pizza oven, a 2,000 bottle wine cellar, an oak paneled elevator and a leather paneled poker room. Bedrooms include domes with hand painted frescos and in addition there is a detached 6,700 square foot guest house above a 10 car garage and a 5,700 square foot pool house with a catering kitchen, gym, massage room and a subterranean EPA certified 25 yard rifle shooting range complete with a gun storage room and 2 large safes.

     

    The hall of the main residence comes complete with a gallery and bar
    A vast library provides the perfect space to enjoy a good book
    The library’s glazed ceiling
    Another palatial reception room
    The house features a rather impressive kitchen
    Mr Abbey’s copper bath tub comes complete with a mat displaying his initials in front of it

     

    Within the 8 acre grounds there is a cross shaped infinity-edged pool – perhaps Mr Abbey is religious – that is “just a few feet short of Olympic length.” It requires 350,000 gallons of water if it is to be filled to capacity. Adjoining this is something even more ludicrous: a 1,000,000 gallon, temperature-controlled rainbow trout pond that cost some $8,000,000 to construct. The pond is said to be “adorned with perennials,” is heated by a custom gravity separator with UV filters and is “chilled for the trout by a 300-tonne central cooling plant.” At Bradbury, thoughts of water crisis in Sudan and Ethiopia come way behind the needs of Abbey’s rainbows.

     

    The rear of the house viewed from above The Bradbury Estate’s $8,000,000 trout pond
    The estate’s 350,000 gallon near Olympic length cross shaped infinity edged swimming pool
    The property’s EPA certified 25 yard rifle range

     

    For those wanting to avoid California’s UV rays, Bradbury also boasts an acre of porches, decks, loggia and walkways. A 600ft blue stone driveway completes this “once in a lifetime trophy property” that “belongs in the portfolio of the most astute collector” and it has space for “60 foot truck access or multiple limousines.”

     

    When Mr Abbey has tired of California, he is able to retreat to his own island in Montana. The 24 acre Shelter Island on Flathead Lake includes 7,000 feet of frontage to the water, a world class sporting clay course and 3 computer controlled tracks and docking systems that allow boats to be landed in the dry dock without riders ever leaving the craft or handling a line. The island is powered via an underground armoured utility cable that carry 12,000 amps to it along with CAT-5 computer cable and phonelines and the main entertaining space features a mammoth television of some 120-inches in size.

     

    An aerial view of Donald G. Abbey’s Shelter Island
    Mr Abbey’s passion for copper continues with a conservatory made out of the metal on the lakeside elevation of the main residence on Shelter Island
    The Great Room of the main residence on Shelter Island
    Mr Abbey’s passion for fine wines is displayed in a bar and tasting room in the property
    The owner and his guests can access their boats without having to go anywhere near the water

     

    Abbey has built over 44,000 square foot of accommodation on his island. The main house has 5 bedrooms and 8 bathrooms. His “Great Room” features ceilings of some 45 foot in height and in addition to yet another indoor shooting range, there is a kitchen that woudn’t look out of place in The Savoy hotel.

     

    In the UK, the property most similar to anything Abbey has built has to be Updown Court at Windlesham in Surrey. Developed by a former bricklayer named Leslie Allen-Vercoe, the house was described by him as being: “The most important residence to be built in England since the 19th century.” Architectural critics did not agree and some went as far as to say that it looked like: “A cross between a Tesco superstore and Center Parcs.”

     

    Allen-Vercoe’s behemoth of a house is gargantuan in size. With 103 rooms it includes 24 bedrooms, 5 swimming pools, a 2-lane bowling alley, a squash court, a floodlit tennis court, a 50-seat cinema and a panic room. The heated driveway that led to the house is entirely made of marble and cost some £2.5 million to construct but plainly none of this appealed to the market as it languished for sale at a price of £70,000,000 from 2006 to 2011 before being repossessed by the Irish National Asset Management Agency (NAMA). Updown Court was sold for half the original asking price to a foreign buyer in October 2011 and is, I believe, due to undergo extensive remodeling.

     

    Updown Court, Chertsey Road, Windlesham, Surrey, GU20 6HY, UK

     

    Allen Vercoe once stated: “If Elton John were a house, he’d be Updown Court.” Equally, I imagine if Mr Abbey’s residences were to be compared to any celebrities they’d be the vulgar car crash that is Donatella Versace and the ludicrous money obsessed singer with a dollar sign in her name, Ke$ha.

     

    Updown Court, Shelter Island and The Bradbury Estate all illustrate that money cannot buy you good taste. I suppose, though, that those who ultimately come to live in them will have plenty of space to choose how and where to enjoy their own form of misery.

     

    For more information about Donald G. Abbey, go to: http://www.theabbeyco.com

     

    For information on both The Bradbury Estate and Shelter Island, contact Bob Hurwitz of the Hurwitz James Company on +1 310-477-8865. Website: http://www.hurwitzjamesco.com

     

    A website devoted to The Bradbury Estate can be viewed at: http://www.bradburyestate.com

     

    A video of Shelter Island can be watched at: http://vimeo.com/11404637

     

    For more details on Updown Court, go to: http://www.updowncourt.com/

     

  • Rowling on

    Rowling on

    J.K. Rowling sells the home where she first moved after the initial success of her “Harry Potter” series

     

    Harry Potter author J.K. Rowling is a lady said to be worth some $1 billion. Her path from “rags to riches” is well documented but the announcement of the sale of the Edinburgh home she first bought after the initial success of the books gives an insight into how she is also financially shrewd when it comes to property investment.

     

    Joanne “Jo” Rowling OBE, FRSL, pen name J.K. Rowling

    Having paid £425,000 for a first floor flat in a 2-storey Victorian house at 1 Abbotsford Park in Edinburgh’s Merchiston neighbourhood, 2 miles from the city in 1999, Rowling bought the other half of the building in 2003 for £375,000. In turn, the property was converted back into an 8 bedroomed single family residence and became one of several residences the author lived in with her second husband, Dr. Neil Murray, and their children.

    The front elevation of 1 Abbotsford Park
    Security at the house was ramped up as Harry Potter sales soared due to the volume of fans appearing outside the property

    As well as extensively refurbishing and extending the property, in a submission to Edinburgh Council in December 2003, in the names of Mr. and Mrs Murray, the couple sought permission to install five CCTV cameras inside mock lamps at 1 Abbotsford Park. Though a neighbor objected on the grounds of invasion of privacy, the application was approved.

     

    The house’s 35ft sitting-dining room
    J.K. Rowling’s kitchen features free standing units, a Lacanche
    range cooker and a mural of tiles that, from a distance, could even be a scene from a Harry Potter novel
    The garden of 1 Abbotsford Park

    J.K. Rowling also built a detached 656 square foot office complex in the grounds of the 3,240 square foot house during her occupation. Additionally, as well as a library, she fitted out a study where she wrote many of the series of books that have now sold more than 400 million copies.

     

    An external shot of the garden office said to have been used by Rowling’s staff
    An internal shot of the office building

    Though Rowling permanently moved into another Edinburgh home she purchased for £2 million in December 2009 last year, whoever purchases 1 Abbotsford Park will have other authors to call neighbours. Ian Rankin and Alexander McCall Smith both live locally.

     

    Rettie and Co. seek £2,250,000 on behalf of Dr. Murray and J.K. Rowling. Even allowing for their extensive renovations, the author’s initial £800,000 investment appears to have certainly paid off if this price is achieved.

     

    For more information on 1 Abbotsford Park, Edinburgh, Scotland, EH10 5DX, contact James Whitson of Rettie & Co. at 11 Wemyss Place, Edinburgh, EH3 6DH or telephone: +44 (0) 131 624 9068. View full details including a PDF brochure at: http://www.rettie.co.uk/sales/EDI121294

     

    J.K. Rowling’s official website can be viewed at: http://www.jkrowling.com. Her first adult book, The Casual Vacancy, is published by Little Brown on 27th September 2012.

  • Taylor Swift

    Taylor Swift

    This American singer-songwriter was born in 1989 and earned $120 million between 2009 and 2012. The first thing she did on her 18th birthday was to register to vote and she’s dated Joe Jonas, Taylor Lautner, Jake Gyllenhall, Conor Kennedy and Harry Styles. Swift owns homes in Nashville, Brentwood, Beverley Hills and Cape Cod. In August 2012, she added a $4,800,000 million oceanfront estate next to the Kennedy compound in Hyannis Port, Massachusetts to her burgeoning collection but offloaded it in March 2013 at a profit of $875,000. Perhaps it’s time that she paused for a moment.

  • Written in the sun

    Written in the sun

    The sale of the former home of Dame Rebecca West

     

    Ibstone House at Ibstone in Buckinghamshire has recently come to the market at a price of offers in excess of £15 million. Now owned by Ariadne “Ari” Getty Williams, the daughter of Paul Getty and Abigail Harris, Ibstone has also been home to Sun City tycoon Sol Kerzner, who is currently divorcing his wife Heather. This Grade II listed house is situated in the Chiltern Hills and was originally built in the late 18th century.

     

    Ibstone House, Ibstone, Near High Wycombe, Buckinghamshire, HP14 3YA
    A reception room at Ibstone House
    The house’s swimming pool
    An aerial view of the estate

    Arranged over three floors and including an extensive leisure and entertaining complex, the property includes 6 principal reception rooms, 7 bedrooms and an indoor pool. A 2-bedroom lodge cottage and large barn stand in the 79-acre grounds that also include gardens designed by Lady Arabella Lennox-Boyd.

     

    Dame Rebecca West, described by TIME Magazine as being “indisputably the world’s number one writer” in 1947, purchased Ibstone House in the late 1930s and lived there with her banker husband Henry Maxwell Andrews.

     

    Dame Rebecca West DBE (1892 – 1983)

    West, who had affairs with H. G. Wells, Charlie Chaplin and Lord Beaverbrook, used the grounds of the house as a small dairy farm and also housed Yugoslav refugees in the blacked out spare rooms of the manor during the Second World War. After the death of her husband, she sold up and moved to an apartment next to the Iranian Embassy in Prince’s Gate, London. During the 1980 siege there, aged 87, she had to be evacuated.

     

    Solomon “Sol” and Heather Kerzner

    Kerzner, who has been married four times to Kerzner and tragically lost his son, Butch, in a helicopter crash, has homes around the world and both he and his wife blamed the breakdown of their marriage on his workaholic lifestyle.

     

    Of divorcing her husband, Heather Kerzner commented:

     

    “He’s a hugely important person to myself and my children. I have only positive things to say about him. He’s the most influential person in my life – and that’s worth a lot. He’s one of the world’s most incredible men, he has shown me a different world and we had an incredible life together but sometimes I guess it just doesn’t work out.”

     

    Some time ago the Kerzners sold Ibstone House to Ms. Getty but now she too has decided to sell up. Though best known because of her family name, Aridane Getty has run the Fuserna Foundation since 2005 and is considered a great philanthropist in her own right.

     

    It’ll be fascinating to see what chapter opens next for this magnificent house.

     

    For more information contact Stephen Christie-Miller of Savills on +44 (0) 1491 843000. To download a brochure for Ibstone House go to: http://residentialsearch.savills.co.uk/property-detail/333522/list

     

    For more details on the Fuserna Foundation, go to: http://fusernafoundation.org

  • Dmitry Rybolovlev

    Dmitry Rybolovlev

    This billionaire businessman started out in medicine but soon moved into commerce realising that enterprise would better provide for his family. He was imprisoned on falsified charges of contract murder for 11 months in 1996. Subsequently cleared, Rybolovlev then went on to make his fortune in potassium and banking. This divorced father of two has used his fortune to fund the restoration of many of Russia’s churches and also bought Donald Trump’s former residence, The Masion de L’Amitie in Palm Beach, Florida, for $95 million in 2008. This risk taker also parted with another $88 million in December 2011 to purchase New York’s most expensive apartment for his 22-year old daughter. Rybololev’s passions are surfing and 19th and 20th century art.

  • Bono (Paul David Hewson)

    Bono (Paul David Hewson)

    This Irishman is one of the world’s best-known philanthropic performers. Having invested £56 million in Facebook in 2009, he’s now the richest living musician. His shareholding of 2.3% in the company is now worth some £940 million. This “face of fusion philanthropy” is rarely seen in public without his trademark sunglasses and created his stage name in honour of a hearing aid shop.

  • The Rt. Hon. The Lord Archer

    The Rt. Hon. The Lord Archer

    Jeffrey’s invented a lot of tales but is rightly renowned for spinning them brilliantly. This former politician wrote some brilliant diaries whilst in prison and now is mostly likely to be found doing charitable deeds. His shepherd’s pie and Krug parties are still the stuff of legends.