Share

Murdoch jr splashes on $21m home

Sydney - The eldest son of media baron Rupert Murdoch beat "Gladiator" star Russell Crowe at a AUS$50 000-a-head auction to land a record-breaking Australian home, the real estate agent said on Monday.

Lachlan Murdoch saw off Crowe and eight other high-rollers with his AUS$23m ($21.3m) bid, sealing the six-bedroom mansion in Sydney's exclusive Bellevue Hill district.

"It's the most expensive home ever sold at auction in Australian history," estate agent Michael Pallier told AFP.

Murdoch won last week's invite-only auction while Crowe, currently working on Ridley Scott's "Robin Hood", watched and bidded by a video and phone link from a movie set in the United States.

"It's has never been done before like this," he said. "Each person was asked to put down $46 000 just for the auction ... (Crowe) was on a movie set in America, he was watching it from there."

Murdoch, 38, who is expecting his third child with Australian model Sarah, is expected to renovate the "elegant but not elaborate" home, which was recently vacated by France's trade commissioner.

The French government has owned the property, with harbour views and a pool, tennis court and large lawns on 4 000 square metres of land, since 1955, Pallier said.

Each bidder was vetted by the French government before being allowed to take part, he added.

- AFP

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.05
+0.9%
Rand - Pound
23.77
+0.8%
Rand - Euro
20.37
+0.9%
Rand - Aus dollar
12.38
+0.8%
Rand - Yen
0.12
+1.1%
Platinum
913.10
+0.1%
Palladium
999.50
-0.6%
Gold
2,329.29
+0.6%
Silver
27.43
+1.0%
Brent-ruolie
88.02
-0.5%
Top 40
68,257
-0.5%
All Share
74,196
-0.4%
Resource 10
61,519
+1.8%
Industrial 25
102,450
-1.5%
Financial 15
15,823
-0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders