Mansion Owned by Su Zhu has been Converted to an Eco-Farm
- The mansion owned by Su Zhu and his wife Evelyn Tao has been converted to a mini farmland.
- The luxury property was purchased by the entrepreneur and his wife in March 2022 for a whopping $36 million.
- The firm founded by Tao, Abundant Cities, has reworked the mansion into 36 vegetable gardens.
- The swimming pool has been converted into a natural pond containing aquatic plants, streams, etc.
Disgraced crypto entrepreneur and fugitive Su Zhu, known for founding the cryptocurrency fund Three Arrows Capital (3AC), had purchased a luxury property worth $36 million in Singapore. However, according to the latest reports, the mansion has now been converted to an eco-farm by the people close to him.
As per a report from a local media outlet, the residential property purchased by Su Zhu in the city’s upscale Yarwood Avenue has now been renamed “Yarwood Homestead” and is now operated by a company founded by the crypto entrepreneur’s wife, Evelyn Tao, Abundant Cities. The firm has worked to transform the luxury mansion into a mini-farmland, as per the report.
Abundant Cities made use of ecological design and agroecology, and using the gardens in the mansion turned into mini farmland, the company produced vegetables, herbs, fruits, fish, and poultry. The report confirmed that the luxury property’s front lawn has been reworked into 36 vegetable gardens, growing okra, spinach, beans, kale, sesame seeds, and radishes.
On the other hand, the swimming pool in the mansion purchased by Su Zhu has been turned into a natural pond containing aquatic plants, streams, and various fish and shrimp. It is crucial to note that the farmland is now known for hosting small private gatherings on-site. The property was purchased by the entrepreneur and his wife in March 2022 for $36 million prior to the collapse of the hedge fund, 3AC.
During the peak of the crypto bull market in 2021, Three Arrows Capital was a dominant firm, managing over $10 billion in digital assets. However, following a turn of events and the onset of the bear market, the hedge fund filed for bankruptcy in July 2022. The Su Zhu-led firm had exposure to Do Kwon’s Terra ecosystem, which resulted in the collapse.
As per earlier reports, Zhu was arrested at Singapore’s Changyi International Airport while attempting to leave the country after a court granted a committal order. Earlier this year, the crypto entrepreneur debuted a new crypto exchange called “Open Exchange.”
A crypto journalist with over 3 years of experience in DeFi, NFT, metaverse, etc. Parth has worked with major media outlets in the crypto and finance world and has gained experience and expertise in crypto culture after surviving bear and bull markets over the years.
