The founder of collapsed Three Arrows Capital turned his S$48.8 million prime bungalow into a farm

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MarsBit
10-04
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Zhu Su, the founder of Three Arrows Capital, a cryptocurrency hedge fund that is being liquidated, was recently arrested at Changi Airport when he was leaving the country.

Original author: Xingjia Poyan

Original source: Xingjia Poyan

Zhu Su, the founder of Three Arrows Capital, a cryptocurrency hedge fund that is being liquidated, was recently arrested at Changi Airport when he was leaving the country.

One of his prime bungalows in Singapore has become a farm for his wife's company.

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  • Image source: Fenghuo City website

The backyard of this bungalow is now developed into an urban ecological farm called Yarwood Homestead, which is the tropical R&D base and headquarters of the company Abundant Cities.

Based on the principles of ecological design and agroecology, the company transformed the garden into a farmland, an ecosystem that includes agriculture and aquaculture, producing local vegetables, herbs, fruits, fish, chickens and ducks.

The lawn of the bungalow has been transformed into 36 vegetable gardens, where various vegetables such as okra, spinach, beans, kale, sesame seeds and radishes are grown. The swimming pool was transformed into a natural pond, and aquatic plants, streams, and various fish and shrimps were added.

According to the Business Times, guided tours and private meals are often organized on the farm.

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  • The bungalow is located in a traditional wealthy area of Singapore.

In March last year, Zhu Su and his wife bought this high-quality bungalow through a trust for S$48.8 million. With the cryptocurrency crash in the middle of last year, Three Arrows Capital was also severely affected and collapsed. Last year there was even news that Zhu Su had to sell the bungalow urgently.

Let’s do a little popular science on who Zhu Su’s wife is.

Zhu Su’s wife, Evelyn Tao, holds a PhD in biology from the National University of Singapore. She previously worked at Temasek Life Sciences Laboratory and the Institute of Medical Biology under the Agency for Science, Technology and Research (A*STAR) of Singapore. )Work.

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  • Image source: Fenghuo City website

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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