Mysterious Heirs: Who is Billionaire James Stunt?
EXCLUSIVE: It has recently been widely reported that James Stunt has taken delivery of a unique $4.5million Lamborghini Aventador that was custom built by Mansory to add to his growing collection of over 200 exotic cars. We have received inside information from a source that has worked for the family at their Los Angeles mansion, the Stunt Manor, which is the largest family home in Los Angeles, that Stunt has just added a $1.25million Porsche Carrera GT to his collection. Porsche made only about 1,300 Carreras GTs — and they’re disappearing fast, making this car one of the rarest on the road. Our source has provided us with these images of the car at Stunt’s home in Los Angeles:
It was also reported by our source that Stunt has acquired two very notable works to add to his immense art collection that boasts works by Sir Peter Lely, Sir Godfrey Kneller, Picasso, Degas, Monet, among many others. According to our source, Stunt has just purchased a $95million Van Gogh painting, apparently the exact details are protected by the terms of the sale, which states that Stunt can only publicly reveal the paining after the seller has passed away. Stunt also reportedly has first refusal on a $110million Da Vinci painting, but it must first be universally accepted by all Da Vinci experts, meaning that Stunt has agreed to purchase the work if it can first be fully authenticated. Stunt is notoriously private, however, with a purchase of this size, this will be a very public affair, which Stunt’s lawyers will have no chance at keeping out of the press.
We talk about heirs a lot on The Life Elite and one mysterious one has caught our attention: British billionaire James Stunt. We discovered Stunt when he and his wife Petra began living in the largest home on the West Coast, the former Spelling manor. Candy Spelling famously put the property on the market for a record-breaking $150 million. The Stunts purchased the home for $85 million in 2011. The story got a lot of press, but Stunt himself seemed like the real story-in-the-making. His wife Petra is a formula one heiress, but he is also a billionaire. In fact, James Stunt has an estimated net worth of around $5 – $7 billion. We couldn’t help but wonder where the money came from. “Who is this James Stunt?” We pride ourselves on being up-to-date on all things elite, after all.
We dug deeper into the young billionaire’s story. It wasn’t easy, as he’s never granted an interview. In fact, he is so private that The Life Elite was denied comment on any of our questions. We were even contacted by his lawyers to cease and desist. This was a first. Treading lightly, we continued our research and discovered a few interesting facts. First, his car collection boasts over 200 luxury and exotic vehicles, including several bullet proof and bomb proof long wheel base Mansory Rolls Royce Phantoms, a vintage Ferrari 250LM and an Aventador Lamborghini—to name a few. In addition to his famous car collection, he has a sizable collection of rare master paintings, specialty suits, wine and even cigars.
Between the collections and real estate, it’s easy to pick up some hostile reactions on media outlets and blogs. Friends of Stunt have confirmed that he receives regular threats but refuses to hide. However, he is smart about it. His private security includes former special and alpha force agents! We wondered why there was so much hostility and couldn’t find any answers. In fact, Stunt is quite charitable. In addition to loaning his paintings to museums and giving to charity, he recently donated a hefty sum to his alma mater Bradfield College to completely renovate its student pavilion. He also plans to fund several scholarships.
Still curious about all the negative attention he receives, we looked into how he funds his lavishly elite lifestyle. It appears that the enigmatic billionaire is rich independently of his family and wife, although some have claimed otherwise. One might say he is a triple threat: His family is wealthy. He’s wealthy. His wife is wealthy. He epitomizes The Life Elite.
Stunt’s personal successes started when he was only 21 years old. He didn’t lose his inheritance like many heirs. Instead, he used it to build his own empire. He reportedly invested a few million in the shipping business. Specifically, he targeted cargo vessels from the 1980s. As the demand for steel in China increased, so did the value of his investment. It is estimated that the vessels skyrocketed from $2-3 million to $10-$15 million over time.
The young investor didn’t stop there. He entered the gaming industry and reportedly placed the largest Betfair bet in gaming history. The details are a mystery, as it’s widely known that Stunt signed an NDA. He also pursued the mining industry, predominantly gold, high-end collecting, private financing and real estate. Stunt remains a successful businessman today and continues to add to his impressive wealth. We are definitely going to keep an eye on this one.
Did You Know?
According to the Wall Street Journal, heirs may be born with a silver spoon but the ride won’t last without proper care. If you come from an affluent family, about 70% of your wealth will be gone by the second generation and a staggering 90% will be wiped out by the third! So while opportunity certainly knocks, wealth can go bye-bye quickly.