Man who spot easy business opportunity now worth $4 BILLION

UK Tycoon Robert Bull or Bob the billionaire bungalow builder, worth $3.7 billion AUD, has made his fortune by spotting a major hole in the housing market.

He had the idea of turning caravan parks into bungalow villages, for people who wanted to sell their homes and downsize in the UK.

Bull is currently living with his fiancée in an $18 million AUD mansion, set with a three-lane bowling alley and six double garages that are home to his collection of 12 luxurious cars.

However, he started at the bottom, barely able to afford takeaway seven years ago.

Bull told The Sun how he went bankrupt, owing $6.5 million AUD and discovered his debt when he was unable to pay for his two son’s KFC meals.

“I put my card in and it didn’t work. The next card didn’t work either.”

“I was pushing my youngest, Jack, in the pram. I put my food back and I said to my son Bobby, ‘Have you got any money?’

“I had to borrow the price of a KFC from my 12-year-old so my kids could have something to eat.

“When the kids had finished their meal I crossed the street and went into the Lloyd’s Bank.

“I still get emotional about it now. The woman in the bank cut my cards up in front of me. I felt like a piece of s**t. That was my lowest day, and I hated it,” he said.

Bull went into a depression and was unable to work for three months, until he came up with his new housing company, RoyaleLife.

His method was to buy homes of people who wanted to downsize, and sell them a factory pre-fabricated bungalow in a new community, each with a driveway, garden and a shed.

There were no fees and buyers keep the equity from their house sale.

“My dad came out of semi-retirement and helped me raise $18.2 million and within a year the business was worth $188 million AUD.”

His company sold all 20 bungalows on an open day in 2017 on a site near Southampton.

In a year he had sold 100 new bungalows.