Nicholas van Hoogstraten

Early life

Hoogstraten was born in Shoreham-by-Sea, England, United Kingdom to Charles and Edna van Hoogstraten. He attended Chatsmore Catholic High School|Blessed Robert Southwell Catholic School in Goring-by-Sea.

Net Worth

In July 2020, his net worth was placed at £800 million and built on property, mines, art, farms, shares and money-lending. Nicholas van Hoogstraten became a millionaire at the age of 22. He was the youngest in England, and reported to own around 350 properties in Sussex alone. He is reported to have acquired more than 2,000 properties during the 1980s housing boom and had sold 90% of them by the 1990s.^[2]

Career

He left school in 1962, aged 17, and joined the merchant navy for a year. He began his property business in the Bahamas with an initial investment of £1,000 realised from the sale of his stamp collection.^[1] On return to the UK he built up his capital through a loan sharking business based in towns along the south coast of England, where he would take property deeds as the backing collateral. This allowed him to build up substantial property interests along the south coast and in London. In his early career he owned a nightclub in Brighton, calling Rod Stewart "a greedy little runt" in a row over takings.^[3]

By 1968 (aged 23) he was Britain's youngest millionaire with a portfolio of more than 300 properties. That same year he began serving a four-year prison sentence for paying a gang to throw a grenade^[1] into the house of Bernard Braunstein, a Brighton rabbi, due to Braunstein's son David's alleged debt to van Hoogstraten of £2,000 over a failed textile business.^[4]

By 1980, aged 35, he owned over 2,000 properties. He later sold the majority of his housing, investing in other fields outside Britain, chiefly mining and farming interests in Nigeria and later Zimbabwe. He was frequently interviewed in Courtlands Hotel, Hove, with which he has "close connections", but which is legally owned by his children.^[5]

Links with Zimbabwe

He first bought an estate in Zimbabwe (then Rhodesia) in 1964, aged 19. At around the same time he became friends with Tiny Rowland, who was then in charge of the London and Rhodesian Mining Company.^[6]

He was a close associate of Robert Mugabe, whom he described as "100 per cent decent and incorruptible"; van Hoogstraten has said he "[does not] believe in democracy, I believe in rule by the fittest."^[7] In 2005 announced plans to take over NMB, a major Zimbabwe bank, though he sold his stake in the bank for over £1 million in late 2007. In 2009, it was reported he had been "a generous contributor to Mugabe's Zanu (PF) party and [had] bought into several large state-owned companies."^[8] In January 2006 he stated in an interview with The Sunday Times that, as a result of loaning £10 million to Mugabe, "In six months' time, when the interest is due, it would be cheaper for them to just kill me".^[9]

On 26 January 2008, he was arrested in Harare for allegedly demanding payment in US dollars for rents rather than in Zimbabwean dollars, which is forbidden under Zimbabwean law.^[8][10] He was charged with violating the Censorship Act by possessing pornography^[11] and held in custody for five nights but released on bail. On 3 July 2009, it was reported that a Zimbabwe court had dismissed the charges of illegal currency dealing and possession of pornography: the police were unable to produce the officer who had allegedly caught him on the currency charge and they had seized the allegedly pornographic photos without a warrant.^[8]

Van Hoogstraten told Lynn Barber, writing for The Observer in 2006, that he pays for the education of three children in every school in Zimbabwe: "Actually, it doesn't cost a lot of money in real terms, but I've set up things like that that will continue."^[6]

Van Hoogstraten emigrated to Zimbabwe. By 2013, he owned over 1,600 square miles (4,100 km²) of land including Central Estates, owned mineral rights in the Marange diamond fields, as well as houses in Harare, all of which are patrolled and protected by state officers managed by the Joint Operations Command. He has businesses in Equatorial Guinea, and mines in the Democratic Republic of Congo.^[3]

Van Hoogstraten is mentioned on p31 Cartel Power Dynamics in Zimbabwe under the Case Study 5 The Mining Cartels.

Alexander Zingman has apparently been the middleman in deals that have seen

Hwange Colliery (a company jointly-owned by the government and controversial British

businessman, Nicholas van Hoogstraten) and the Zimbabwe Consolidated Diamond Company (ZCDC), an SOE, receiving mining equipment from Belarus on credit, and 500 buses expected to be manufactured in Belarus and assembled in Zimbabwe. (Masimba, K. Zimbabwe, Belarus buses deal clarifed. The Independent, 17 February 2020 and Manayiti, O & Mambo, E. ZCDC Upbeat, Acquires New Equipment from Belarus. The Independent, 2 June 2017)

Legal troubles

In 1968 he began serving a four-year prison sentence for paying a gang to throw a grenade^[1] into the house of Bernard Braunstein, a Brighton rabbi.^[4] The rabbi's son, David Braunstein, allegedly owed van Hoogstraten £2,000 over a failed textile business (adjusted for inflation the figure would be much higher as "you could buy a house for that much"). At the trial the judge described van Hoogstraten as "a sort of self-imagined devil who thinks he is an emissary of Beelzebub."^[12] He has said of the incident: "It seems a bit distasteful to me now, but back then when I was young... these weren't anarchists, they were businessmen, respectable people."^[1]

He was jailed on eight counts of handling stolen goods and in 1972, was given a further 15 months for bribing prison officers to smuggle him luxuries. "I ran Wormwood Scrubs when I was in there", he has said.

He was fined £1,500 in 2001 for contempt of court after telling the opposing counsel: "You dirty bastard... in due course, you are going to get it."^[13]

Mohammed Raja case

In July 2002, van Hoogstraten was sentenced to ten years' imprisonment for the manslaughter of Mohammed Raja, after being found not guilty of murder: a jury at the Old Bailey decided that "although he wanted Mr Raja harmed, he had not wanted him murdered".^[14] This conviction was quashed by the Court of Appeal. During the preliminary stages of a retrial Mr Justice Mitchell, the trial judge, ruled that there was "no foundation for a manslaughter case", and, consequently, Van Hoogstraten was formally acquitted.^[15]

On 19 December 2005 the family of Raja, in a civil action against van Hoogstraten, were awarded £6 million by Mr Justice Lightman, after the court found that the balance of probabilities was "that the recruitment of the two thugs was for the purpose of murdering Mr Raja and not merely frightening or hurting him".^[16] Van Hoogstraten was not held guilty of Raja's murder or manslaughter under British criminal law, which requires a jury to be "certain so as to be sure of guilt" rather than operating on balance of probabilities. He allegedly told the BBC that Raja's family "will never get a penny".^[17] He explained to The Sunday Times that he had "no assets at all now in the UK", having placed those assets in the names of the five children he has reportedly fathered with a series of African girlfriends.^[9]

Hamilton Palace

He has been in the process of constructing Hamilton Palace, near Uckfield in East Sussex since the 1980s.^[6] Construction of the neoclassical building began in 1985 and had cost around £40 million by 2006. The enormous edifice is intended to house his collection of art – currently stored in Switzerland – including a mausoleum. Under English law, perpetual trusts are only allowed in the upkeep of monuments and graves. By using the palace as a mausoleum, van Hoogstraten's trust would legally own the buildings and their fittings after his death. A large portion of his wealth has been transferred into a Bermudian trust for the upkeep of historic monuments.^[6]

He was involved in a long-running feud with the Ramblers' Association and a legal battle with the local authority over a right of way crossing the land around the mansion. In 1990, the paths were blocked with razor wire and discarded refrigerators.^[8]

Hamilton Palace, located at 50.946966, 0.120901, was reportedly named after the capital of Bermuda, where van Hoogstraten owns property. With little on the project being constructed in recent years and substantial local opposition, the project is currently on hold and the building stands uncompleted.^[18]

References

Further reading

• Walsh, Mike and Jordan, Don. (2003). Nicholas Van Hoogstraten – Millionaire Killer, John Blake, ISBN 978-1-904034-68-1
• Van Hoogstraten's life of controversy – BBC News website
• BBC News Archive of news stories relating to Van Hoogstraten
• collection of Scotsman articles relating to the civil trial of the manslaughter case