'£80 million is not a lot of money': Meet the agent for billionaire house-hunters | Times Reports

Gary Hersham, 70, founder of the agency Beauchamp Estates (pronounced Beecham), is the go-to agent for anyone arriving in London with tens of millions to spend and a taste for brass terrazzo and bookmatched marble. His is a world lit by chandeliers and bathed in gold leaf. One where every towel is monogrammed with the name of the house. There are wellness suites, salons, panic rooms, bulletproof wine cellars, and walls dripping with museum-worthy art.
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[@williamj8349]

This chap is an aboslute state. I wouldn''t trust him with 80 million pounds for a house, no matter how much I was worth.

[@rv1251]

😂😂😂

[@claus1225]

he is just an real estate agent. doesnt matter if he from UK or Calcutta.

[@4J_777]

@@claus1225 yes still unethical trying to get into someones mind thinking 80m pounds is normal even for a billionaire. people know how to spend. because of people like him the local no longer afford homes in their local country.

[@AnotherHipster]

@@claus1225 All estate agents are strange anyways

[@brynleytalbot778]

You’re highly unlikely to ever deal with him which shows how out of touch you are with genuine high net worth individuals and their quirks.

[@skyraa]

The way he says if someone offers him 140 million he would reject it with such a disgusted face explaining that the offer has to be within reason is absolutely hilarious

[@KB-lv3vo]

dude has been living in another reality 😆imagine a millionaire or billionaire getting looked down on for offering so "little money"

[@edgedg]

3:52 You misremeber the segment. A polite "Don't waste your time." is the reply to the potential buyer. The shocked "within reason" was towards the interviewer. I presume she asked something obtuse, like missing the point of the role of the agent. Note that the sales dynamics is different here than it is when plebs like us sell and buy a house. Unique houses have high variance in the perceived value, so the agent tries to find the highest bidder without disclosing the bids or listing the lowest acceptable price. Once a bid is "within reason", both parties can get involved in detailed research and negotiations. Tldr, high amount of low bids, and lenghty dealings with each potential buyer.

[@ritarossi1805]

Is America paper House collapsing???

[@devraga9612]

I find it really odd a house is worth $100m but its access is on the street side. I would want a grand estate.

[@skp8748]

Let's you know money is worthless. Thanks to the usury dealers

[@theonlykingclayton]

welcome to London, shitbox

[@TW-bq2ve]

I won’t be surprised that the owner has more than three grand estate. This one is in one of the most expensive neighborhoods in London. The only way to achieve what you wanted to have is to take over Buckingham Palace.

[@anonimushbosh]

Well for about the same cost you could move the building to a large estate in the country - plus then you'd have an empty plot in London worth $100M plus inflation.

[@edgedg]

When you visit London for a week, to do business, a grand estate is not convenient at all. It's a 1% net worth purchase, not a family home.

[@alexsteven.m6414]

Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stocks and oil trading, it seems that a new multilateral world order is on the horizon.

[@yolanderiche7476]

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[@bernisejedeon5888]

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[@yolanderiche7476]

@@bernisejedeon5888 Julia Ann finnicum” is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.

[@valeriepierre9778]

@@yolanderiche7476 After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my go

[@mcdonaldslover52]

So he says kitchen and the bathroom makes the house and then 1 minute later says that "you cant say youre buying a house because of the bedroom or the bathroom" and then says that a house could have a unique selling point like a unique swimming pool? Also all of the furniture and interior details are things that can be easily changed... for hundreds of thousands at most, not tens of millions. What cant be changed is location and size. That's literally where 90% of the cost is in these houses. He's just making it up along as he goes...

[@jdos5643]

That’s what money hungry ppl do. They make things sound appealing and they do it for money

[@victorcossimo]

That's the subtle art of selling. The buyer has to decide what's more valuable to him or her.

[@nextinstitute7824]

And the pick the countries with the best tax regimes, he left that out too...

[@user-tt5xj5ib1e]

Since when have real estate agents ever been known for their intelligence or logic ..... 🤔

[@colin1235421]

He's a salesman, you're expecting too much from him... A salesman's job is take find reasons to make a commission and excuses for high prices. He is not there to inform you of fact.

[@Underhills]

People working in environments with alot of money comes off as even more delusional than the people that actually owns the money 🤣

[@apebass2215]

How much do you think his agent's commission is? He's not exactly poor himself.

[@gbb82]

Remember John Rockefeller was asked how much money is enough he responded: “Just a little more”.

[@brynleytalbot778]

You’ll never earn enough, is another saying, as is Job means Just Over Breakeven. With each incremental income increase one’s lifestyle increases giving little extra actual return. If you make money you aren’t hostage to those dictating how you must display it.

[@leonhenry4861]

He also said Morgan was poor when he died with 80 million.

[@Mr_James777]

I wouldn't like to live along a busy public street in a 200M $ mansion. Imagine a huge riot and instead of looting the supermarket the mob starts targeting such homes and the wealthy.... Only a matter of time considering situation in France right now.

[@serebii666]

That's what the private mercenary company, drones and that laser room from Resident Evil are for

[@AP-ms2md]

danger is everywhere, you can't live in fear your whole life

[@patrickrobot5209]

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[@maireboy]

It's comforting to know no amount of money in the world buys taste.

[@error404blah]

Off market sale of properties just scream "money laundering"😂😂 Especially if based in the UK. That island is just the worlds laundromat...

[@wasnt.here.3853]

I don't have a grand familiarity with the UK. How is this the case?

[@patmanrick]

​@@ParanoidAlbanoidrecently they broughtnin new laws about property UBOs, basically you have to declar the individual is who stands behind any ownership structure, no matter how complex, or face criminal charges/penalties. There's also a crime for failing to prevent money laundering which is new. How often the laws will be enforced is obviously harder to say at this early stage

[@leonhenry4861]

@@wasnt.here.3853because if you have a foreign passport they tax you on uk income only, not income from where ever you stole your millions. Hope that helps

[@Ms123kill]

@@wasnt.here.3853lll politicians and military generals from developing countries stash their money in Europe especially UK. This is a factual statement btw not some conspiracy theory. Its just sad

[@s0meDude101]

yeah so off market that theres a bloody youtube video of it

[@joshclayg]

Staircase was so magnificent it has swirl details when looking up and straight details when looking down...

[@nextinstitute7824]

That first house has no soul.

[@strictlyyoutube6881]

You are absolutely right. At that strata it's all about box checking rather than anything else. 1. Neighbourhood 2. Previous owner 3. Square footage 4. Parking 5. Bug out room 6. Will my friends be jelous

[@samuelrapno7572]

Wich is perfectly corresponding with the people buying these type of high end properties 😂

[@dav_poy]

Absurd stuff, great video

[@salviaofficinalis02]

Does he own £80 million to form statements like that?

[@BrownyBird]

😂NO!

[@dw4525]

That snobbish attitude is typical of people like him who service the wealthy.

[@brynleytalbot778]

He’s trusted to bring properties of that price to clients with the funds, effectively spending their money for them with the spontaneous decision based on him eliminating the time most buyers waste on searching for the perfect property. Cash rich, time poor. Why spend time searching when you make more money by employing his bespoke services.

[@fruitpenguin6285]

In the video, he said 80 million in the context of someone who has 10 billion, is not a lot

[@eats4cheaps305]

I'm certain he's got tens of millions

[@martintaylor-reid4141]

Absolutely fantastic summary!

[@Galaxyofbrian]

Second property is my favourite and it was the pool design that did it for me. 😊

[@piipoo147]

5:20 i saw that house from the plane window while leaving London a couple weeks ago

[@jorgegeorge3759]

it´s not like they´re going to cook in those kitchens if they are billionaires

[@777jones]

Correct. It’s like having a miniature coal mine in the backyard as an absurd folly or something.

[@pjacobsen1000]

Some people like to cook, regardless of how much money they have. It can be a hobby. But no, they almost certainly don't cook every day.

[@dw4525]

2:22 how ingenious that the staff door is concealed

[@charliecharlie2288]

Yep , keep that staff well hidden .

[@SCARRIOR]

@@charliecharlie2288 Obviously, it's your house afterall. If you want people to live with you and not serve you, get a room mate. duh

[@gemstonesparkle7915]

What’s funny is that you can see the finishing is modern, whilst there’s plenty of real antique out there perishing for bargains just because rich people want everything quickly as possible.

[@TheBusinessBlueprint_]

What do you mean?

[@blackkray8351]

@@TheBusinessBlueprint_ rich people have no taste

[@josestubbs9379]

Love this video great content

[@vinny81604]

Mr. Superlatives is the finest example of bloodsuckery in the luxury real estate business

[@jacksonhanson154]

My god, that snooker room in the opening is unbelievable.

[@lmaobro-we7ig]

Realtors are really the only reason a house has any value.

[@garyestcourt2377]

Selling main piont is the kitchen and bathroom, so just the same as a two up two down then 😅

[@anoshya]

Very much like a Harry Enfield character

[@wiki9361]

I bought two houses spontaneously and I am not super-rich, though. And, note, that even the most expensive kitchen will be used, so after a few years it has to be refurbished. Used, second-hand is only valuable if you are talking top-notch antiques and historical, listed houses.

[@storiesreadaloud5635]

True. Also, people often change the kitchen and bathroom after buying, but maybe the super rich don't do that.

[@activeone]

Where did you buy tho

[@wiki9361]

@@activeone why? Are you looking for a house to buy? Mine will cost you only EUR 1,2 million.

[@WorkSmarter__]

Not sure how this guy have become successful salesman dealing with luxurious properties

[@emmettl7953]

Reminder: this guy is not paying solid cash for this property even if he can. The reason why he will say 80m quid is cheap is that he has the financial power to make it cheap.

[@arunavbaruah123]

Great video! look to join that class soon.

[@iipickpocket2814]

For God's sake sort out your tie

[@charlieshhh2030]

3:52 this ponce just admitted to breaking the law

[@debrapurvis4408]

It makes the quibbling about where Prince Andrew should live embarrassing for the King

[@BoomBoom-sr8nt]

It really is true… the usual make or break depends on the state of the kitchen and bathrooms… for me tho hahaha

[@edgedg]

What a based edit, tnx!

[@nikhilgoyal007]

its another world but good to get a peep :)

[@goldengalsclazy]

Since we usually deal with norms in the real world, 80mGBP is usually considered "a lot of money" even by the richest of standards.

[@LEGACYFOCUS]

Gorgeous homes❤❤❤❤❤smh

[@lizwilliams2097]

and meanwhile, school children are showing signs of malnutrition because their parents can't afford food anymore

[@ozhoneybadger]

Might wanna HMO this and open up a gym and Airbnb what about the nearest Tesco

[@storiesreadaloud5635]

Upkeep though. That requires staff. I don't want staff, and I don't want a lot of upkeep. I think renting the place short term is better, and that's not cope, it's genuinely my feeling.

[@SukottoX]

I believe it's foolish to not invest your money in real estate

[@Yiran]

4:10 "It's gotta be within reason"

[@bertkauwenberghs3174]

and then there are people like us...

[@LMays-cu2hp]

Looking very nice!!

[@TheDevilsAccountant]

The modern house was beautiful

[@anilachar323]

2:20 Perfect definition of 'staff should neither be seen nor heard'. Feudalism is alive and thriving. "Come around this way...Don't waste your time...The gold leaf over here alone has cost hundreds of thousands of pounds... (family) with whom we've worked for very, many years..." This upper crusty English is most entertaining, to say the least. Shall we trot down to the Knightsbridge Gentlemen's Club for some tea? - and I can regale you with some anecdotes of the former, most charming owners of the properties, that seems to have caught your fancy!

[@rv1251]

We need revolution 🎉

[@DK-bm5rg]

Wonder why all the buyers are from different countrys?

[@caio5987]

It is what it is I suppose

[@nathanvladmir5554]

And here I am in Eswatini looking to start my real estate business and have no investors. I wanna build a block of apartments 40 to be precise each at 15 000 pounds and will sell each for 40 000 pounds and he has the guts to say 80 million pounds is not a lot of money 😢😅 life's very unfair

[@wiki9361]

Eswatini? Where is that if I may ask?

[@blackkray8351]

@@wiki9361 africa, why not just google it rather than wait for god knows how long for a respone? 😂

[@sefer-nv6cn]

He said that 80 million pounds is not a lot of money? In what world is 80 million not a lot of money for a house? You could get a historical estate in Tuscany for a quarter of that for god's sake. You can buy land in the country side and build the chateau of your dreams for that amount. It's absolutely absurd how people can think this in this day and age.

[@salviaofficinalis02]

You can get a historical house in Tuscany for £30k and renovate it, there are towns where you can even buy a house for £1 and renovate it, albeit they're very run down.

[@LJLloyd2010]

Stop with the fake offence/outrage and instead take what he said in the context it was intended.

[@lifesucks5322]

i would imagine that if you work mostly with billionaire type people or families they probably already have that house in tuscany and so on and as he said 80mil isn’t all that much if you have a fortune of 1bil or more

[@mrvk39]

he said for someone with a net worth of $10 billion....

[@LJLloyd2010]

​@@mrvk39 Yeah, these people piss me off. When I watched the vid I knew I'd find at least one moron in the comments who either chose to completely ignore the context, or heard it but wanted to fake outrage just to seem relatable for thumbs up. It's predictable and tedious.

[@jjbarker7450]

So expensive yet so depressing

[@blakeaaron5698]

His suit looks like it came from a dollar store, is he for real?

[@wiki9361]

He is dresing down, apparently 😆

[@amorosogombe9650]

Man. Money is good.

[@tictoc5443]

Beautiful houses but lest we forget we also inhabit a body and a social system All are necessary jmo

[@storiesreadaloud5635]

Dude looking good for 70. I would have said late 50s

[@mcapril291]

I would hate to climb that massive multistory staircase to go to bed at night!

[@Onedon29]

Having all that money and I'm here wishing I could have some of those millions.

[@sam7324]

Some of those thousands ...

[@brandedresidencesglobal]

Legand ❤

[@Bangastarch]

What was the name of the family of Indian descent in central Africa ?

[@rorywhittaker4485]

He wouldn’t say that if he was buying the properties

[@frannieswannie6046]

realtors/estate agents are not unlike tow truck drivers, lawyers and panel beaters

[@tarawhite4419]

How sad

[@tavom6710]

Cocaine is a hell of a drug

[@colin1235421]

So with these ultra rich - whoever the customers are that end up paying their income, the customers (average people) are being ripped off. How about a project is started to expose such funding structures so that average people can boycott such people.

[@latorregolf]

These are investment chips in the fiat currency casino. With added benefit you can live in them.

[@willgoulding4074]

"intrinsic"

[@howardjames4109]

People who work with rich people always act like they're rich themselves smh

[@franko8572]

This is how the media works, everybody! Look at the title of this video and what he actually says from 0:34-1:04.

[@Enig_Mata]

If that staircase is indicative of who this man is, then he can not be trusted. Notice how the staircase changes from 2:07 to 2:17. What happened here?

[@Krwler]

There's wealthy and then there's obscene. How can people be so comfortable with such opulence when one third of the world starves?

[@trapdaddyflex3103]

Probably because the people who can afford something like this are directly responsible for employing thousands of people. If you started a company that directly employs thousands of people and indirectly employs even more, you probably don't feel so badly.

[@cianog]

Lets all be poor. 😅😅

[@litamtondy]

​@@trapdaddyflex3103You must be new to the English language, let me help you out. The word you wanted to write is "exploit", not "employ".

[@mnledesm]

Not satisfied with your own life? Think you own the moral high ground for the comment? Do something productive with your own life and enjoy it. Don't blame society for your failures and your seat in society.

[@Lambyyy]

@@litamtondy You're a moron if you think all wealthy have exploited people to earn their wealth.

[@bryanb8868]

80m just to getyour watch robbed with a sword when you go out for a stroll in Knightsbridge...

[@the_real_cookiez]

I do not want to meet the guy that says 80M is not a lot of money. Maybe at his funeral sure, but meeting him alive would have such a negative impact on my life LOL.

[@Rudzani]

Sounds like somebody is ignoring the context of the statement.

[@the_real_cookiez]

@@Rudzani What's the context of the statement? Please enlighten me.

[@thorstluda3545]

The type of people buying 80M properties are billionaires, this price is a fraction of their net worth. Whereas you or I can aspire to be fighting in a highly competitive market (

[@vinaysingh6229]

5:10 who is jatania indian family ? Never heard of them

[@user-tl8zp2vs3e]

Curious as to why thees individuals/families etc need such overly large and existential properties … ? Is it an ego thing …

[@NebkadBible]

At some point being a salesman has to go beyond believing the earth is flat.

[@kingjams]

With 80M you could declare yourself King in some countries and start a royal bloodline for generations.

[@huckleberryfinn6578]

In countries where you could be lynched spontaneously at any time. It just doesn't happen in England, which is why you pay 80 million for a house instead of a throne.

[@kingjams]

@@huckleberryfinn6578 Africa has rulers that have been in power for many years, when you have money, you have power and respect, you get security and take care of people who will show you admiration. I'd rather have a Throne, word to the Royal Family.

[@blackkray8351]

we wuz kingz an shieet nigga!

[@joselito7776]

Spectacular? No. You mean an exercise in conspicuous consumption. Tacky.

[@jamalhackett7528]

These houses seem too gaudy and impractical.

[@ProducerGio]

Idk who harry sortsman is sir nor bobby buckly

[@haruspex1-50]

Maybe since £80 million isn’t a lot for the house, maybe we should burn it down. After all it’s only £80 million. Practically pocket change

[@patmanrick]

Bit of a non sequitur though isn't it... (It's not like we have a societal norm where we burn down other people's cheap houses)

[@naimakelly7581]

Well said if a person his a multi billionaire then £75/£80,000,000 millions is not large amount of money as their assets is in billions.🌹❤️✈️🙏🥰😢🥰🍀❤️❤️🌹👍👍😒😒🥶🥵😱😡😱😡

[@red-lm2qg]

what a lie. London has very few states costing more than 80 mil. Billionaire through their trust/agent/capital management is also negotiating price below the asking price. only a fe of them live in such estate, most of them don't live in 100 mil estate In London.

[@WomenInPoliticschannel]

The temporary things of this world, accept Jesus as your Lord and Savior.

[@smithjohn2416]

Feel like I'm not welcome here lol. I'm too much of a peasant to be viewing this footage

[@stuart2151]

Saw the title and came straight to the comments 😂

[@zcorpalpha2462]

Future Rich Generations of Earth 🌏 , this is timeline of Thousands of years forward Poor Bones turn to Dust 🌬️💨

[@jimmynoble]

This man reminds me of Marco Pierre White

[@katharinarobinson9813]

Money is like muck, best spread about….why the hoarding of money

[@lauralikessomestuff]

That dude looks like a hot mess

[@dac8939]

I would expect him to get a gym membership and some decent clothes

[@stephenstephen1505]

Time for the destruction of this rotten system

[@mrvk39]

yeah? and how well did history of such destructions worked out for us? Russian revolution? Did it bring something better or just a sea of blood and misery for all? Or maybe China with the Cultural Revolution and 60 million killed and starved to death? Who else destroyed entire systems of capitalism and government? Maybe the Nazi Germany? Maybe Cuba? Venezuela? North Korea? Idiots always want to destroy because it's easy. They never manage to build anything worthwhile in its place though.

[@charliecharlie2288]

Agreed

[@brynleytalbot778]

To be replaced by what? Rich and poor, without an envious middle full of superiority over being better that the poor, but contemptuous of the rich who they deem have too much. When all squirrels have an equal larder of acorns to overwinter on then perhaps humans will copy them. Nature isn’t that way, neither are we.

[@vivek27789]

And replace it what?... Another more bloody rotten system. 🤦

[@karlsugden4161]

You are only as wealthy as from today as tomorrow is not promised it's a gift from the universe to have another chance to live another day only ✨️ 3 things money can't buy health true love and the precious gift of time other than that you can't can buy anything you desire

[@uthmaanpacsa7259]

Sir your knowledge, experience and wisdom is true and spot on about property value. ❤

[@lizwilliams2097]

the vulgarity of a house like that

[@elisa7881]

The French royal family...

[@davidsmith8376]

I dont have £100m so wont be buying but i am not sure he was selling those houses to me. All rather boring.

[@gemechugemeda5555]

'£80 million is not a lot of money' so ????

[@SimplySheilaB]

Saying 80 million isn’t much is obscenely vulgar

[@patmanrick]

That's not what he said though... He said it wasn't much for that house. Which is a different thing entirely. 80m is an awful lot of money, but it isn't a lot of money for lots of things. For example if you wanted to build a skyscraper in New York, or if you wanted to start an electric car company etc. etc. context is important, you're just looking to be outraged.