Tournament News

Rich set to get richer in 2010

2009-12-07 07:04
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Some of South Africa's richest citizens will be looking to add to their wealth at next year's World Cup by renting out their trophy homes and yachting berths to billionaires travelling to the country for the tournament.

Estate agents told the Sunday Times that money is "no object" with people able to charge exorbitant rates, starting from R50 000 rand a day to R4.2m rand a month for top-of-the-range accommodation.

The World Cup, which runs from June 11 to July 11, is expected to attract some of the world's richest people, including Russian Roman Abramovich, Indian steel magnate Lakshmi Mittal, Manchester City owner Sheikh Mansour bin Zayed Al Nahyan, a member of the Abu Dhabi ruling family, and Microsoft co-founder Paul Allen.

Although Russia failed to make it to the finals after surprisingly losing to Slovenia in the play-offs, Chelsea owner Abramovich will still dock his 170m long luxury yacht Eclipse, which has two swimming pools and 24 luxury guest cabins, in Cape Town.

According to the Sunday Times, the oil magnate has also leased a high-security house in Johannesburg where the final takes place in Soccer City on July 11, as well as an apartment on the Atlantic Seaboard.

Carphone Warehouse founder David Ross and Australian retail billionaire and Football Federation Australia chief executive Frank Lowy are also believed to be on the lookout for luxury accommodation in South Africa for the finals next year.

Ian Slot, director of Seeff Properties, said he had been instructed by an unnamed client to secure the best home in the province of Gauteng, where the host cities of Johannesburg, Pretoria and Rustenburg are located.

"Our brief is simple," he told the paper. "Our client requires a minimum of six bedrooms, ultimate luxury, and a helipad either on the property or not more than 15 minutes away ... and price is no object." Slot estimated the daily rent for such a house at approximately 100,000 rand with a luxury five-bedroom home in Cape Town expected to a daily rate in the region of 80,000.

One of the world's super-rich, who obviously won't be facing any accommodation problems, is Patrice Motsepe, Africa's only black billionaire.

The mining magnate and owner of South African Premier Soccer League club Mamelodi Sundowns, owns properties throughout the country. 

 

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