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How young tech tycoons are shaking up the prime housing market

When Tim Macpherson was contacted by a 30-year-old man looking for homes priced up to £10m, the prime-London estate agent assumed his potential new client must have inherited his fortune. In fact, the buyer had become a multi-millionaire by selling his tech start-up while he was still in his 20s. He then branched out into other investments, including what became a portfolio of high-end central London apartments. “[His wealth] was absolutely self-generated — he just looked too young for that,” says Macpherson, head of London residential sales at Carter Jonas in Mayfair.

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