Noseweek Issue #204, 1st October 2016 By Elisabeth Hamilton
R70m Cape escape for French multi-millionaire.
When a reader pointed out Noseweek’s mistake about the owner of the Constantia mansion once owned by Princess Diana’s brother Earl Spencer, we discovered that it now belongs to the well-connected Frenchman who tried to snaffle South Africa’s trademark rights to rooibos tea in Europe.
Unlike the red bush brand that he clandestinely tried to appropriate, lobbyist, art collector and obvious tea-lover Matthias Leridon had to pay a substantial sum for the Cape Town property which he bought in September last year: it cost him a cool R51.5 million.Then, of course, to avoid having any unruly neighbours, he also had to buy the plot next door, for R19.5m.
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