How a South African billionaire is turning a corner of Somerset into ‘one man’s estate’
Summary
South African billionaire Koos Bekker has been buying large amounts of land and businesses in Somerset, England, to expand his luxury estate and hotel called the Newt. While some locals appreciate the new jobs and investment, others are unhappy about his growing influence on their community and rising prices.Key Facts
- Koos Bekker is a South African billionaire and chair of the technology firm Naspers.
- He has bought more than 2,700 acres of land around Bruton and Castle Cary in Somerset through his company Emily Estate (UK) Limited.
- Bekker purchased Hadspen House in 2013 and converted it into a luxury hotel called the Newt in Somerset.
- He also acquired Yarlington Lodge, a large historic house, and turned it into a 32-guest hotel with luxury facilities.
- Bekker has bought local businesses like a deli, beauty salon, pubs, and even influenced the local train station’s name, which now includes “for the Newt.”
- Some residents feel his expansion and brand presence in public spaces is excessive and worry about rising prices.
- Supporters say his investments have improved neglected places, created jobs, and attracted visitors.
- The Newt hotel recently introduced endangered red squirrels into a protected area on the estate as part of a nature project.
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