South African billionaire Xolane Ndhlovu’s grandiose plans for a 15-bedroom mansion, dubbed “St. Ziggy,” have been thwarted by the prestigious Waterfall Equestrian Estate.
The proposed mansion, which would have included a private airstrip, casino, spa, nightclub, and other opulent amenities, was deemed too extravagant to fit the estate’s strict architectural guidelines and community standards.
It was gathered from reliable sources that Ndhlovu expressed disappointment, he also acknowledged the estate’s unique character and commitment to preserving its aesthetic.
Xolane Ndhlovu is now exploring alternative locations for his dream home.
Waterfall Equestrian Estate, known for its exclusivity and high property values, attracts wealthy individuals seeking privacy and luxury. However, its strict regulations and unique land tenure system can pose challenges for potential buyers.
Xolane Ndhlovu, a prominent figure in South African business and philanthropy, has amassed a significant fortune through investments in technology and cryptocurrency.
His recent ventures, including DafriBank, a fintech company, have solidified his position as one of the country’s wealthiest individuals.
The rejection of his mansion plan underscores the challenges and complexities of high-end real estate development, even for the ultra-wealthy.
