Billionaire Graeme Hart buys $24m Queenstown property

  • New Zealand’s richest man has splashed about $24 million on a Queenstown holiday home – the resort’s first eight-figure residential property deal.

Mountain Scene understands billionaire Graeme Hart, this week said to be worth $13.5 billion by Forbes Magazine, has bought a massive six-bedroom home at exclusive Closeburn Station, 11km from Queenstown.

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The site where Hart has bought has stunning lake and mountain views. Photo / Alan Gibson