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Tech billionaire Farquhar buys Sydney mansion for record price

Published Mon, May 1, 2017 · 09:50 PM
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Sydney

TECH billionaire Scott Farquhar has bought a Sydney waterfront mansion for a record A$75 million (S$79 million), a report said on Monday, after the owners resisted selling the 1863-built home to developers.

The co-founder of Australian software giant Atlassian, which floated in the United States in late 2015, snapped up the iconic "Elaine" from John Brehmer Fairfax, whose family formerly owned the Sydney Morning Herald.

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