RICHARD EDEN: As Pan Sutong's £9.5billion fortune and empire implodes, there is alarm about the ease with which the 61-year-old tycoon was able to ingratiate himself with the Princes.
He amassed a £9.5billion fortune and acquired trophy properties in London, Los Angeles, Hong Kong and Shanghai, dropping in on them by private jet – a Gulfstream G550, which comes, when new, with a £48million price tag.
'We were all shocked that he was allowed anywhere near the royals,' a polo aficionado tells me, explaining that many in the sport had longstanding doubts about the brash billionaire. Rise and fall: Pan Sutong amassed a £9.5billion fortune and acquired trophy properties in London, Los Angeles , Hong Kong and Shanghai, dropping in on them by private jet — a Gulfstream G550, which comes with a £48million price tag - but now his empire is imploding
By then, he'd reached William and Harry, courtesy of his sponsorship at Beaufort Polo Club, just over a mile from Highgrove, King Charles's Gloucestershire retreat.
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