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POLITIKOFF

AstraZeneca CEO buys $ 8 million luxury home in Sydney

Politiko 2021-07-14 13:19:06

AstraZeneca CEO buys $ 8 million luxury home in Sydney

The chief executive of the international pharmaceutical giant, AstraZeneca, has modernized his home real estate by buying a villa in Mosman in Sydney for about $ 8 million.

Pascal Soriot is now in Europe, according to a company spokesman, but that has not stopped his wife from settling last week in a four-bedroom design house, complete with the usual local necessities like a basement, home theater and fitness.

Given Soriot's $ 27.5 million salary, he did not have to take out a loan for the villa.

The house designed by the architect was commissioned by property investor Phil Arnold and his wife, Michelle, after they bought the property in 2005 for $ 3.95 million. She was listed with Bel Foot’s Tim Foote in May as Arnolds plan to spend more time in Queensland.

Soriot, a French-Australian national who moved to Australia in 1990 and whose children and grandson now live here, told The Age magazine in March that as head of AstraZeneca, he encouraged a deal to be made. vaccine in Australia because he wanted to help ensure the country's strategic independence.

"I mean, it's my place," he said at the time. "I wanted to make sure people were well covered here and were protected."

Soriot is an avid real estate buyer. In 2013, he bought a house on the outskirts of Sydney and paid $ 3.5 million for it. He recently sold a three-bedroom villa in Cammeray for $ 2,737,000.

He has three brothers and they are all doctors, and he has been part of the pharmaceutical industry since 1982. He loves animals and at the beginning of his career he studied veterinary medicine and his first job was related to horses.

Burimi: The Australian Financial Review

AstraZeneca CEO buys $ 8 million luxury home in SydneyAstraZeneca CEO buys $ 8 million luxury home in Sydney

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