Billionaire developer clashes with locals over grand plans to slice up and sell 400 hectares of bushland on the NSW Mid North Coast
Daily MailA picturesque part of the NSW Mid North Coast has become a battleground as a billionaire developer and furious locals clash over the fate of 400 hectares of land. High-flying Phillip Dong Fang Lee and his wife Xiaobei Shi, paid $8.8million for the large chunk of bushland at Fame Cove in 2006. Billionaire high-roller Phillip Dong Fang Lee and his wife Xiaobei Shi, paid $8.8million for the 400 hectares on a marine sanctuary at Fame Cove in 2006 Phillip Dong Fang Lee turned over more than $2billion at The Star casino in Sydney in the 14 years to 2021 and purchased a palatial mansion in Point Piper for $40million in 2015 The property almost became a national park in 1998 when the then-owner Boral offered it to the National Parks and Wildlife Service for $1.1million. The couple's vast wealth was on full display in 2015 when they paid $39.9m for 87-89 Wolseley Road in Sydney's ritzy Point Piper Mr Lee was slapped with an almost $200,000 fine in 2009 after a dam wall failed during excavation.
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