Tech billionaire’s firm controls 2,700 Somerset acres as locals debate expansion
Technology billionaire Koos Bekker has expanded his Somerset estate, The Newt, to over 2,700 acres, sparking local debate. While the project has created over 650 jobs, some residents are concerned about the impact of such large-scale land ownership on local identity.
Why it matters
It highlights the tension between rural economic development and concerns over land consolidation and community influence by wealthy individuals.
When South African technology billionaire Koos Bekker bought Hadspen House and 16 acres of land in Somerset in 2013, the purchase marked the beginning of a much larger project. The estate, now known as The Newt in Somerset, has grown to cover more than 2,700 acres through land purchases made by Bekker’s company, according to The Guardian. The business has developed into a luxury hotel and visitor attraction, with gardens, farmland, orchards, restaurants and shops. It says it employs more than 650 people who live in or come from the local area. For some residents, the estate has brought jobs and investment. Others are uneasy about its growing reach, raising questions about land ownership, local identity and how much influence one company should have in a rural community.From manor house to destinationHadspen House is a 17th-century country house near the towns of Bruton and Castle Cary.
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