Two holiday parks owned by a billionaire bungalow tycoon dubbed “Bob the Builder” have fallen into administration.
Robert Bull, who was named among Britain’s wealthiest individuals earlier this summer, has called in administrators for his caravan parks in Kent and Portsmouth.
The Golden Leas Holiday Park and Hayling Island Holiday Park, both ultimately owned by Bull, filed separate notices to appoint advisers last week.
Bull became a new entrant on The Sunday Times Rich List in May with an estimated net worth of nearly £2bn.
His main firm, RoyaleLife, is the UK’s largest bungalow builder and turns caravan parks across the country into single-storey villages.
