Ed Sheeran’s R1.2billion property portfolio was paid for in cash

Ed Sheeran’s R1.2billion property portfolio was paid for in cash

- Ed Sheeran recently bought five more properties in London, making it 27 in total

- Sheeran's property empire, which he started building in 2012, is now worth £57million (R1.2 billion)

- He is the richest man under 30 in the UK and is all about that living sustainably lifestyle

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Ed Sheeran apparently paid cash for every single one of his lit properties, making up an impressive property portfolio of over £57 million (R1.2 billion).

There are not many 29-year-olds who can say they have over a billion rand invested in property which they do not owe a cent on.

Briefly.co.za learnt that Ed owns around 27 properties of which are made up of flats, houses, mansions, farms and even pubs.

A source told The Sun that Ed has managed to buy all of the properties without borrowing a cent from the bank, leaving him totally mortgage-free.

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“Some people have the cash tied up so need to raise a mortgage but Ed has piles of the cash in the bank so there was no point in letting a bank earn money by lending him the money. He just bought them outright.”

Ed is said to be using his land wisely though. He apparently has beehives on his property and is making his own honey as well as growing his own vegetables and raising his own livestock. Being self-sustainable is his mission.

“He’s already got other produce growing and some animals so he’s clearly enjoying the idea of that lifestyle.”

Ed was named the UK's richest musician under the age of 30 and it shows. Thank goodness he is making smart choices with his money.

Below is the post in which he announced the opening of his pub and invited people to visit.

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Source: Briefly.co.za

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