Billionaire Yuri Shefler bought the most expensive hunting estate in Scotland
Co-owner of the alcohol company SPI Group Yuri Shefler bought the most expensive hunting estate of Scotland. The amount of the transaction is not specified, but it is known that the object was put up for auction for £25 million.
The Russian billionaire, co-owner of the alcohol company SPI Group Yuri Shefler, whose fortune American Forbes estimates at $1.69 billion, bought the most expensive estate in Scotland, Tulchan, which was put up for sale for £25 million (about $31 million), The Telegraph reports.
The estate is located on an area of about 8.5 thousand hectares next to the national park Cairngorm and was put up for sale last year. Realtors described the object as "an ideal place for passionate hunters." Salmon is found on the territory of the estate in the Spey River, and it is also possible to hunt black grouse on the site. The estate also has a place for hunting snipe and woodcock, five farms, as well as beef and lamb production.
The estate was exhibited at a price that is considered the highest among those that can be found from open data in the entire Scottish hunting property market, the newspaper said.
The estate once belonged to the Scottish aristocracy, and then it was bought by a London financial institution. In 1993, it was acquired by businessman Leon Litchfield and his wife Gillian, who later founded Tulchan Sporting Estates Ltd (TSEL). Among the famous guests, who have ever visited the estate, are Kings Edward VII, George V, George VI, former US President Theodore Roosevelt, King Leopold of Belgium and others.
The representative of the estate agency Savills, which was engaged in the sale of the estate, told The Telegraph that TSEL "was bought by a company which beneficiary is Yuri Shefler from Russia, who is well known as a frequent guest of the estate."
"Of course, the new owner of TSEL will continue to manage the business, as the Litchfield family did, and plans additional investments and innovations in business," Savills representative said. "This was an important factor for the sellers, as the estate makes a valuable contribution to the local economy, the estate employs 20 full-time employees and another 20 seasonal employees," he added.
SPI Group owns several distilleries in Russia and Latvia. It owns the rights to such brands as Stolichnaya, Moskovskaya, Kremlevskaya, Rizhsky cherny balsam.