Billionaire Christian Candy has sold his ‘Candyland’ estate in Surrey to an anonymous Middle Eastern buyer for £125million – £15million less than he originally wanted, sources claim
- Property mogul Christian Candy sold his Candyland estate in Surrey for £125 million to an anonymous buyer
- The 47-year-old has spent at least £50 million buying land and properties around the countryside manor
- Developed fortune of£600 million after starting out in property after starting business with brother
Billionaire Christian Candy has sold his Candyland estate in Surrey to an anonymous Middle Eastern buyer for £125million – £15million less than he originally wanted, sources have claimed.
Candy, 47, bought the main property on his Surrey estate, Cheval Manor, in 2015 for £29million, and has since spent at least £50 million buying six adjoining plots of land and six houses in what has become known by neighbours as ‘Candyland’.
The property mogul developed a fortune of more than £600million after starting out in property management with his older brother Nick – selling a single Knightsbridge apartment for £100 million just 12 years after he and Nick acquired a ropey one-bedroom London flat for £122,000.
Sources have now told the FT that Candy, who has been looking to sell for three years, originally hoped the property would fetch £140 million.
Billionaire Christian Candy has sold his Candyland estate in Surrey to an anonymous Middle Eastern buyer for £125million – £15million less than he originally wanted, sources have reported
He bought the main property on his Surrey estate, Cheval Manor, in 2015 for £29million, and has since spent at least £50 million buying six adjoining plots of land and six houses in what has become known by neighbours as ‘Candyland’
Christian and his brother Nick began renovating flats in their spare time between 1995 and 1999.
They started with a one-bedroom flat in Earl’s Court, London, which they bought with the help of a loan from their grandmother before selling it for a £50,000 profit.
Following several years of success, the brothers were then able to give up their day jobs and established their property business Candy & Candy in 1999.
They are most famous for creating the luxury One Hyde Park apartment complex in Knightsbridge, central London.
The billionaire has spent years expanding and developing his mammoth estate in Surrey, where he has invested millions of pounds
Just last year, Christian submitted plans to install a 424 square metre lounge and dining room complete with Roman style columns
The plans, which a publicly viewable to all, show the incredible details of the property and its myriad rooms and halls
The property mogul developed a fortune of more than £600million after starting out in property management with his older brother Nick.
They are now thought to be worth more than £1.5billion between them.
Christian and his wife, the former socialite Emily Crompton Candy, 38, bought the four properties surrounding his opulent house, to create a huge manor where they live with their twins Isabella Monaco and Cayman Charles, aged seven – both with tax havens in their names.
The estate near Egham has been dubbed ‘Candyland’, and it is thought to be worth 40 times more than Ed Sheeran’s luxurious ‘Sheeranville’ in Suffolk.
Christian and his brother Nick began renovating flats in their spare time between 1995 and 1999. They started with a one-bedroom flat in Earl’s Court, London, which they bought with the help of a loan from their grandmother
He had continued to try to expand the property in recent years, and last year submitted plans for a 424 square metre lounge and dining room, with grand Roman-style columns at the front at his home near Egham, Surrey.
He wanted the room to have domed roof lights at the top to allow sunshine to pour in.
The project is completed with French windows overlooking Mr Candy’s vast landscaped gardens.
He submitted the new plans to Runnymede Borough Council in May 2021.
The property mogul developed a fortune of more than £600million after starting out in property management with his older brother Nick (pictured with their wives, left Holly Vallance, and right, Emily Crompton)
Last year he also got the green light earlier this year to dig a 20-metre tunnel allowing access from his luxury pad to a underground car museum, dance studio and wine cellar.
While Candy declined to comment, according to the FT, both Savills and Knight Frank worked on the sale of his Surrey estate.
The brothers also own a large collection of luxury superyachts, private jets and a powerboat called Catch Me If You Candy.
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