Ruslan Kogan buys $20m home for parents
Ruslan Kogan has quietly snapped up a Toorak home for his parents.
The six bedroom dwelling on 1226 square metres on Grant Avenue – abutting the Myer family’s Cranlana – is speculated to be costing $20 million.
The acquisition comes three years since the Kogan founder paid ex-Vodafone Australia director Phil Cornish $38.8m for a French Provincial mansion on 2568 sqm in Chastleton Ave in the suburb.
Last February, we reported the Kogan founder paid the Coady family $15m for a 10 hectare getaway at Flinders, on the Mornington Peninsula.
Three months later, Mr Kogan outlaid $4.4m for the Matt Blatt furniture retailer, which collapsed in March.
In 2016, the businessman acquired the Dick Smith online business for $2.6m (story continues below).
The Grant Ave dwelling (Google Street View image, top) was marketed by RT Edgar’s Antoinette Nido and Jeremy Fox.
The buyer purchased it after one inspection; the property previously traded to Wendy Healey for $2.3m in late 2000.
Mr Kogan, who has a net worth of c$575 million, arrived in Melbourne from Belarus in 1989, aged six.
His parents, Alex and Irene, raised him in an Elsternwick public housing block.
Subscribe to our newsletter at the bottom of this page.
