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Tech entrepreneur Robin Khuda has been one of the most prized shoppers in Mosman’s high-end market since the COVID-19 pandemic hit Sydney’s shores more than a year ago, snapping up a few investment properties for more than $10 million each, but never quite finding his forever home among the many trophy residences he has inspected.
Until now.
The founder of AirTrunk has bought a Federation mansion on Balmoral Avenue on a vast 1449-square-metre double block with a swimming pool for close to $20 million, and has plans to redevelop the north-facing parcel into his new home.
The Mosman house sold for $20 million last traded in 1978 for $175,000.
Techie buys $7m Byron Bay retreat in $100m spree
AirTrunk founder Robin Khudaâs latest purchase in NSWâs hottest property market follows his recent high-end acquisitions in Mosman, Palm Beach and Manly Beach.
The Lennox Head estate settled in the name of Robin Khudaâs investment company for $7 million.Â
Lucy Macken
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Tech entrepreneur Robin Khuda has shown a penchant for Mosman, Palm Beach, eastern suburbs and even Manly Beach real estate since the pandemic struck, so it should be no surprise to see his property portfolio has extended beyond Sydney to include the stateâs hottest property market, Byron Bay.
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The new rich: How these 20 Australians propelled themselves onto this year s Rich List Michael Bailey and Julie-anne Sprague, AFR Tesla chairman Robyn Denholm. (Damian Bennett)
For Grant Petty, becoming a Rich Lister is more about the vindication than the money.
Mr Petty, 52, is the co-founder of Blackmagic Design, a Melbourne-based manufacturer of equipment and software for filmmakers. Its products have been used on 20 out of the 30 highest-grossing Hollywood films of all time, and are increasingly popular with YouTubers and social media influencers.
The company is now worth about $1.6 billion, valuing Mr Petty’s stake at $588 million. Blackmagic Design co-founder Grant Petty (AFR, Kristoffer Paulsen)