Billionaire Sells Austrian Mansion Days After Getting Underground Tunnel Approved

Billionaire Sells Austrian Mansion Days After Getting Underground Tunnel Approved

Wolfgang Porsche is selling a hilltop mansion in Salzburg he bought for €8.4 million in 2020, just after the city approved a private tunnel and parking garage beneath it. The quick sale after winning the controversial project—which locals opposed over damage to historic sites and nature—suggests he may have needed it to boost the property's value.

Published

Read at another depth