3AC Founder's Luxurious Villa Gets Repurposed to Urban Farm by Wife
The luxurious Singapore home of Three Arrow Capital (3AC) founder Su Zhu has been repurposed from living quarters to an urban farm by his wife, Evelyn Tao, according to local reports.
Shared by The Business Times of Singapore, the villa on Yarwood Avenue is now called Yarwood Homestead.
The farmland is used to grow various vegetables, herbs, fruits, fish, chicken, ducks, and other agricultural products.
The palatial home was originally acquired for 48.8 million Singaporean Dollars (SGD) or about $35.6 million in March 2022.
Besides serving as an agricultural hotbed, the expensive property, described as a Good Class Bungalow (GCB), also caters to deep-pocket clients who lease it for private dining events and organized guided tours.
It also serves as the research and development headquarters of Abundant Cities – a company Tao co-founded and where she serves as the Chief Science Officer (CSO).
Before joining forces with Sarah Lewis, the CEO and co-founder of the company, Tao worked at the Temasek Life Sciences Laboratory and the Institute of Medical Biology, which operates under the guidance of the Singapore Agency for Sciences, Technology, and Research.
Abundant Cities Singapore advertises itself as a holistic science and research firm that enables urban dwellers access to regenerative and nourishing gardens in their homes.
The firm operates out of Singapore and has outdoor exploring, food and dining, and regenerative farming as its research partners.
However, the idea of making it a permanent home was short-lived as the crypto market took a massive nosedive a few months later following the depegging of Terra protocol's UST stablecoin and its subsequent demise.
3AC was gravely impacted due to its massive exposure to the
Read more on cryptonews.com
