Jerry Ren's Warrawee home rumoured to have been sold
The Warrawee home of miner Jerry Ren, who was once dubbed the Northern Territory’s only billionaire, is whispered to have been sold.
Bremon, which cost $11.5 million in 2010, is an imposing house on a 6400 square metre Chilton Parade holding.
There are suggestions the Chinese-born Australian Wilson Hui Xiong Xue, the self-described shoe king of China who dabbles in mining, may have an interest in its acquisition.
Xue owns the former Balmoral Slopes home of Richard and Jane Freudenstein that cost $23,733,800.
Ren has been bankrupted and is separated from his wife Xia Kong.
This article was first published in the Sunday Telegraph.