Billionaire Daniel Křetínský, who also has a stake in Royal Mail, made a fortune snapping up unloved assets

An investment vehicle linked to Daniel Křetínský, a secretive Czech billionaire who owns stakes in Royal Mail, J Sainsbury and West Ham United, has bought a castle near Paris for €43m (£37m), according to filings seen by Bloomberg.

Křetínský’s fund is said to have bought the more than 100-room Château du Marais in the village of Val-Saint-Germain, a town of about 1,400 people about 40km south-west of Paris, and plans to convert it into a luxury hotel and equestrian complex.

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