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Vogue House sold to Israeli billionaire Eyal Ofer for $142 million

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Ofer, 73, inherited his fortune from his father, Sammy Ofer, an Israeli shipping tycoon who was at one time the country’s richest man.

He joined his father’s business in the early 1970s and played a leading role in growing the company by investing in property, hotels and banking.

Vogue US editor Anna Wintour has long links to Vogue House.

Vogue US editor Anna Wintour has long links to Vogue House.Credit: Getty Images

The businessman has a longstanding association with Britain. In 2012, he helped to fund the building of the Gloriana, the first Royal barge to be built for over 250 years, to celebrate Queen Elizabeth II’s diamond jubilee. In 2013, he donated £10 million to Tate Modern.

Vogue House adds to Ofer’s extensive property portfolio, which includes several buildings on New York’s Park Avenue. Last year, he bought the luxury hotel Mondrian Park Avenue hotel and Anagram Columbus Circle, a residential tower between New York’s so-called “Billionaire’s Row” and Central Park.

Conde Nast has sold the leasehold of Vogue House to Ofer. The freehold is owned by The Church of England’s property arm.

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