Wealthy tech magnate Mike Cannon-Brookes spends $15.2 million on a NY-inspired luxury bachelor pad in Sydney, amid his $31 billion divorce proceedings with his wife.
Tech billionaire Mike Cannon-Brookes, a software giant's co-founder, has dropped a cool $15.2 million on a swanky urban bachelor pad located in the heart of Sydney. This posh "New York-style" penthouse, lined with luxury amenities and a prime location, is nestled within the Darlinghurst neighborhood, making it a mere 2km trek to the bustling CBD.
Rumors circulated that Cannon-Brookes, whose net worth clocks in at a staggering estimated $22 billion, employed a buyer's agent to snatch up this five-bedroom apartment back in March. The purchase was officially confirmed by the Daily Telegraph on Tuesday, claiming that the Cannon-Brookes family company bagged the stylish digs.
The Angus House building towers above the city skyline, and this penthouse resides on its top floor. It boasts a lush garden, an ultra-modern home theater, and a trendy billiards room, serving as a second living space. The apartment's innovative open-plan layout garnered the Master Builders Association's esteemed Best Renovation award in 2023.
Touted as a list of indulgent features, highlights of the luxury flat include a custom cocktail bar, a state-of-the-art gym, an outdoor shower, and a sauna. Excitingly, the outdoor dining space and barbecue area offer a captivating alternative to the expansive 7.1m by 4.8m kitchen. The building started life as a tire warehouse and later became Moran Health Care's head office before being converted into 18 impressive apartments by developers James Packer and Theo Onisforou in the '90s.
Following his separation from his wife in 2023, Cannon-Brookes has been on a spending spree, with lavish purchases like sponsoring an F1 team and acquiring an $80 million Bombardier 7500 private jet. The tech guru has also been linked with rumors of a new romantic interest, although these have yet to be confirmed with evidence.
While paparazzi photos have surfaced of Cannon-Brookes taking a private jet with an unknown female companion, the identity of the woman remains a mystery. Sources claim she works in tech and hails from the Southern Highlands, but no further details about her are currently available. Previous rumors hinted at a potential romance between Cannon-Brookes and journalist/influencer Phoebe Burgess.
In the midst of these rumors and speculation, the impending divorce between Cannon-Brookes and his wife could prove to be an intricate and financially complex matter due to their vast wealth and assets, estimated at over $31 billion. The couple has separated after 13 years of marriage, with no clear details on how they plan to divide their real estate empire.
Cannon-Brookes made headlines in 2018 when he and his wife purchased "Fairwater," one of Australia's most expensive houses, despite its daunting $100 million price tag, marking it as the most expensive house in the country at the time. Their other properties in the Sydney area include a $14.25 million home in Newport and a $24.5 million estate they acquired in 2020. They also own a fisherman's cottage on Great Mackerel Beach, reachable only by boat, for which they paid $2.55 million.
Amidst the divorce, Cannon-Brookes has been buying up more properties, including three sprawling properties on Mount Gibraltar in Mittagong for $12.25 million. He previously own the nearby Greyladyes Farm, which he bought for $13 million, and a neighboring property worth $9.1 million. It remains unknown whether these new properties will factor into the divorce settlement or if they serve as a reflection of Cannon-Brookes' continued financial status.
- The news of tech billionaire Mike Cannon-Brookes' purchase of a luxury penthouse in Sydney worth $15.2 million also includes reports of his employing a buyer's agent.
- The recent purchase of the five-bedroom apartment, situated in the heart of Sydney, was confirmed by the Daily Telegraph, with the Cannon-Brookes family company being cited as the buyers.
- In addition to his latest real-estate acquisition, Cannon-Brookes has been investing in other ventures, such as sponsoring an F1 team and acquiring an $80 million private jet.
- Amidst the speculation surrounding his personal life, Cannon-Brookes' impending divorce could present a financially complex matter, given his vast wealth and assets, estimated at over $31 billion, which includes multiple properties in the Sydney area and a fisherman's cottage on Great Mackerel Beach.
