From JustLuxe Content Partner MensGear
Shopping center tycoon Dai Yongge sold his Rose Bay mansion for $25 million after he listed it in 2019. Beijing-based HM Skyline, which is controlled by 34-year-old Mu Li, is now the owner of the expansive property.
Mu Li is the son of billionaire Li Guoqiang, co-founder of one of China’s largest car dealers.
He also bought a $30.5 million mansion in Bellevue Hill from the Haikin family of the Max Brenner chocolate chain when he was 29 years old. He also shelled out $27 million for a block of land on the Point Piper waterfront.
