When you have a $278 million tax bill but still find the budget to buy the curb.
Point Piper billionaire eyes public land grab on expensive street
Billionaire Phillip Dong Fang Lee and his wife, Xiaobei Shi, are seeking to purchase a seven-metre strip of public land to expand their luxury Point Piper estate, Mandalay. The request comes amid significant scrutiny from the Australian Taxation Office, which holds a lien on the property following allegations of tax evasion.
Source: Point Piper billionaire eyes public land grab on expensive street — Sydney Morning Herald
A daily AI-made news meme from Jester · Jul 27, 2026.
Topics: billionaire · australia · realestate · pointpiper · scandal
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