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Millionaire Lowes heir and husband set to move into opulent villa near Monaco after deciding to pack up their life in Australia to give their children a 'European lifestyle'
Millionaire Lowes heir and husband set to move into opulent villa near Monaco after deciding to pack up their life in Australia to give their children a 'European lifestyle'

Daily Mail​

time12 hours ago

  • Business
  • Daily Mail​

Millionaire Lowes heir and husband set to move into opulent villa near Monaco after deciding to pack up their life in Australia to give their children a 'European lifestyle'

After recently offloading his Sydney mansion for a whopping $23.5 million, Lowes clothing retail heir Joshua Penn is headed to France with his family. Joshua, 37, is planning to relocate to the French Riviera in 2026 with husband Ben Palmer and children Brooklyn, seven, and Blake, four. The couple have snapped up the stunning Villa Marisol on the sunny, coastal slopes of the Cap d' Ail. With pristine beaches and the town centre in walking distance, the luxurious pad is also located just minutes away from Monaco - the playground of the über-rich. The stunning villa was built in 1908 for the feminist writer Gabrielle Reval, co-founder of French literary prize the Prix Femina. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new showbiz newsletter to stay in the loop. The villa also has long history, hosting the likes of French aristocrat, Marie de Rabutin-Chantal, and American born French actress and singer, Josephine Baker. Described as one of the property gems of the Cap d' Ail, Villa Marisol is surrounded by 1,000 square metres of landscaped grounds that lead to the main entrance porch. The entrance level is opulence personified, boasting the original mosaic hallway. The magnificent columned hallway on the garden level leads to the two grand master bedrooms opening onto a small private garden. Speaking to The Daily Telegraph, the couple described their new digs as a 'palace' adding that they were keen to relocate to expose their children to the 'European lifestyle'. It comes as Joshua recently sold his Sydney mansion for a whopping $23 million. The sprawling four-bedroom, five-bathroom property, located at Point Piper, was originally snapped up by Josh's mother and father - Linda and David Penn - in 2021 for a cool $16 million. Joshua who co-owns the home with Ben, first listed the 1905 era home for $28 million. The couple and their children have been living at the exclusive address for three years while renovating another property in nearby Double Bay, The Wentworth Courier reported on Wednesday. According to property records, the retail heir's parents have maintained a 70 per cent stake in the mansion, which is known as the 'Capri'. Still, Josh and Ben are listed as 'owners' of the land title on the beautiful two-storey sandstone and brick home. According to the publication, the couple snapped up a four-bedroom, two-bathroom 'Spanish influenced' home in Double Bay for $6.7 million in 2020 which they extensively rebuilt. Josh and his mother Linda were recently seen at the Gold Dinner charity event. The Lowes Menswear CEO, who, alongside her brother and Lowes co-owner Jeffrey Mueller is worth a cool $400 million, held court at the glamorous do earlier this month. Linda heads the Gold Dinner Committee alongside her son Joshua, and rules the charity event with an iron fist. Every year an influential mix of business and philanthropic leaders attend, and the gala was once also littered with A-listers before Josh and his mother banned them from the event. In the past, celebrities like Chris Hemsworth, Roxy Jacenko, Ian Thorpe, Hamish Blake and Karl Stefanovic made appearances on the red carpet. Gold Dinner co-chair Joshua revealed ahead of the 2024 gala that the event will shun celebrities going forward, as they 'don't seem to add much value'. He said that the attention is usually too much on the celebrities, rather than on the purpose of the event. The invitation-only gala is held annually at a secret location in Sydney and is given a unique theme every year.

Heir to retail giant Lowes sells grand Sydney mansion for $23 million
Heir to retail giant Lowes sells grand Sydney mansion for $23 million

Daily Mail​

time3 days ago

  • Business
  • Daily Mail​

Heir to retail giant Lowes sells grand Sydney mansion for $23 million

A grand mansion on Sydney Harbour owned by Lowes clothing retail heir Joshua Penn has gone under the hammer for a whopping $23.5million. The sprawling four-bedroom, five-bathroom property located at Point Piper was originally snapped up by Josh's mother and father - Linda and David Penn - in 2021 for a cool $16 million. Josh, 37, who co-owns the home with his husband, Ben Palmer, first listed the 1905 era home for $28million. The couple and their two young children have been living at the exclusive address for three years while renovating another property in nearby Double Bay, reported The Wentworth Courier on Wednesday. According to property records, the retail heir's parents have maintained a 70 per cent stake in the mansion, which is known as the 'Capri'. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to DailyMail's new showbiz newsletter to stay in the loop. The sprawling four-bedroom, five-bathroom property, located at Point Piper, was originally snapped up by Josh's mother and father - Linda and David Penn - in 2021 for a cool $16 million Still, Josh Penn and Ben Palmer are listed as 'owners' of the land title on the beautiful sandstone and brick two-storey home. Featuring beautifully maintained classic features throughout, the dazzling home boasts stunning harbour views, a pool and an internal lift. Highlights include a formal entranceway with chandelier lighting and an oversized ground floor 'living room' which opens out to landscaped gardens. There's also a private dining room and a 'sitting room'. The second storey hosts all four bedrooms with the main bedroom occupying an entire corner of the first floor and includes a terrace, en suite, dressing room and 'sun room'. Other highlights include a 'rumpus room' which can be converted into a private office space. The sale comes after reports have surfaced that Josh and Ben, along with their children - son, six-year-old Brooklyn, and daughter, Blake, four - are considering moving to France. The Wentworth Courier reports that the young family could take on the task of renovating the Penn family getaway on the French Riviera. According to the publication, couple snapped up a four-bedroom, two-bathroom 'Spanish influenced' home in Double Bay for $6.7million in 2020 which they extensively rebuilt. They are now deciding to move in or move on to yet another property, which they have purchased in the eastern suburbs, or head to France. Josh and his mother Linda were recently seen at the Gold Dinner charity event. The Lowes Menswear CEO, who, alongside her brother and Lowes co-owner Jeffrey Mueller is worth a cool $400 million, held court at the glamorous do earlier this month. Linda heads the Gold Dinner Committee alongside her son Joshua, and rules the charity event with an iron fist. Every year an influential mix of business and philanthropic leaders attends - and the gala was once also littered with A-listers before mother and son banned them from the event. In the past, celebrities like Chris Hemsworth, Roxy Jacenko, Ian Thorpe, Hamish Blake and Karl Stefanovic made appearances on the red carpet. Gold Dinner co-chair Joshua revealed ahead of the 2024 gala that the event will shun celebrities going forward, as they 'don't seem to add much value'. He said that the attention is usually too much on the celebrities, rather than on the purpose of the event. The invitation-only gala is held annually at a secret location in Sydney and is given a unique theme every year.

Lowes CEO worth $400 million rises to top of high society at Gold Dinner - after she banned celebrities from the prestigious $3500-a-head event
Lowes CEO worth $400 million rises to top of high society at Gold Dinner - after she banned celebrities from the prestigious $3500-a-head event

Daily Mail​

time11-06-2025

  • Entertainment
  • Daily Mail​

Lowes CEO worth $400 million rises to top of high society at Gold Dinner - after she banned celebrities from the prestigious $3500-a-head event

Linda Penn has become the undisputed queen of the Sydney social scene. The Lowes Menswear CEO, who, alongside her brother and Lowes co-owner Jeffrey Mueller is worth a cool $400 million, held court at the glamorous Gold Dinner in Sydney on Wednesday night. Linda heads the Gold Dinner Committee alongside her son Joshua, and rules the charity event with an iron fist. Every year an influential mix of business and philanthropic leaders attends - and the gala was once also littered with A-listers before Penn and her son banned them from the event. In the past, celebrities like Chris Hemsworth, Roxy Jacenko, Ian Thorpe, Hamish Blake and Karl Stefanovic made appearances on the red carpet. In 2023, a swathe of celebrities walked the red carpet, including the likes of cricket WAG Candice Warner, actor Lincoln Younes, Sunrise star Natalie Barr and Ex-NRL star Cooper Cronk. Gold Dinner co-chair Joshua revealed ahead of the 2024 gala that the event will shun celebrities going forward, as they 'don't seem to add much value'. 'I'm always told to invite the celebrity or the famous rugby player and put the WAG on the list but it is just not our thing,' Penn explained. 'We have done it before and they end up taking up valuable space', he added. Joshua said that the attention is usually too much on the celebrities, rather than on the purpose of the event. On Wednesday, the only celebrities of note came in the form of Sunrise co-hosts Natalie Barr and Matt Shirvington, as well as former Wiggles performer Emma Watkins, with Sydney's wealthy elite making up most of the guest list. The invitation-only gala is held annually at a secret location in Sydney and is given a unique theme every year. For the first time, this year the Gold Dinner was held at the Royal Botanic Gardens' Parade Ground Lawn, set amongst Sydney's most iconic landmarks and framed by the vibrant light spectacle of Vivid Sydney. With close proximity to Government House and iconic landmarks the Sydney Opera House and Harbour Bridge - all being illuminated as part of the city's renowned festival of light - this year's event is themed 'Light Up a Child's Life'. It offers guests a symbolic and immersive experience that ties directly to its cause as they aim to raise $80 million - the most ambitious target to date. For almost three decades, the Gold Dinner in Sydney has united Australia's leaders and captains of industry to support the Sydney Children's Hospitals Network through the SCHF. Now expanded to Perth, and with plans to hold events in the USA and UK with Australia expats, the Gold Series is recognised as Australia's most prestigious philanthropic initiative. Sydney's Gold Dinner has raised over $90 million since its inception in 1997, directly transforming the lives of sick kids and their families by funding life-saving treatments and care. Linda posed alongside some of her esteemed attendees, including former Deputy Leader of the Opposition Kristina Keneally. The Lowes matriarch stood out glittering silver gown with art deco panels and semi-sheer skirting. She added to her ensemble with a gold purse and a diamond necklace that matched her earrings. As the co-owner and Managing Director of Lowes Menswear, Linda works full time overseeing the entire operation, which includes over 190 stores, online portals and over 1900 staff across Australia. Linda and her dentist husband David, who founded Southern Cross Dental laboratories, have three children. She previously told Belinda International that despite her business nous, her family is her priority. 'Look after yourself from a health and mental well-being perspective' Linda said in offering advice for working mothers.

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