The richest man in Asia bought an English club that was featured in two James Bond films for $ 57m, adding to the international record including the UK Hamleys retail store.
A partner in Reliance Industries Mukesh Ambani has agreed a deal with Stoke Park, Georgia’s largest 300-acre home in Buckinghamshire, which includes a luxury hotel and golf course.
The acquisition adds to the beauty of the Ambani conference, which is well known for its Indian electronics and telecom businesses. “You can see the Windsor castle from the golf course: it’s great,” said Charles McDowell, a buyer.
Stoke Park has been owned by the King’s family, owners of the International Hospitals Group health company, since 1988. The couple sold the property in 2018 and initially had a very high price, according to two people who know how to sell.
The site, which attracted interest from buyers from China and the Middle East as well as Ambani, is expected to raise “more than $ 100 million”, said one official.
Before opening as a national club in 1908, Stoke Park was a comfortable home. Roarie Scarisbrick, a buyer of the property company Property Vision, said the buyer who would like to buy decided to convert the 49-room hotel into a house but left because he “did not want to lose his reputation” to close the golf course and fire employees.
Announcing the agreement, Reliance said Stoke Park would remain a member club and would “help improve the entertainment and recreation areas, as well as adhere to local guidelines and plans”.
Some people think the place is good, says one person next to the rich man. “There will be a lot of money,” he said.
The man added that the closure of Heathrow meant that Stoke Park could create opportunities for a large company for trusted executives.
Stoke Park’s 27-hole golf course is known as the “most famous golf course”, according to a home page, where James Bond’s Sean Connery plays the villain Auric Goldfinger, in the 1964 film.
The weekend costs $ 225.
According to Bloomberg data, Ambani has a net worth of $ 71.5bn, making him the richest man in Asia. He received Reliance, India’s largest company, following the death of his father in 2002.
The discovery of the old site confirms Ambani’s efforts to transform Dependence from a business group that focuses on oil refining into a consumer-focused business with global trends.
He also appeared to push in the world-famous companies, especially with Earnings for 2019 of Hamleys British toy dealer for $ 68m.
Under Ambani, Reliance has completely transformed sales, like its Indian counterpart in things like Marks and Spencer and Tiffany, as well as digital services and the 2016 launch of Jio’s mobile operators. Jio last year raised $ 20bn from global retailers including Facebook and Google.
Power continues to drive the group’s finances.
In terms of hospitality, Reliance already has a venue at Oberoi Hotels, one of India’s top chains and is said to be building a conference center and hotel complex at the Bandra Kurla Complex in Mumbai, an excellent business center and economic center.
Chester King, chief of Stoke Park, said owning the site was a “great honor” for his family, adding that he was “delighted that the new owners honored the club’s amazing heritage”.
“It was clear that this represented business as usual for our members, customers, and the community.”