A Chinese billionaire wants to build a grand waterfront estate in Queensland, Australia. Dubbed “House le Château”, the home would be built on Commodore Drive in Queensland, Australia. The land was bought by Wen Bingrong in September of last year for $9.2 million. The Chinese railway technology executive and major shareholder of China High-Speed Railway Technology is worth more than $1.1 billion.
It will boast a 22,000 square foot main house and 8,000 square foot guest house.