Nick Candy Net Worth

What is Nick Candy's Net Worth?

Nick Candy is a British luxury property developer and interior designer who has a net worth of $2 billion. Nick earned his fortune as co-founder of the property development and design firm Candy & Candy, alongside his brother Christian Candy. The pair became internationally known for developing One Hyde Park, one of the most expensive residential projects in the world. In June 2018, the business was restructured and renamed Candy Property, with Nick becoming the sole owner. His current ventures and investments are primarily operated through Candy Capital and his design firm Candy London.

Early Life

Nicholas Anthony Christopher Candy was born on January 23, 1973. He is one year older than his brother, Christian Candy. Both brothers attended Prior Preparatory School followed by Epsom College. Nick later earned a degree in Human Geography from the University of Reading, while Christian left a business management program at King's College London.

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Business Career

In the mid-1990s, Nick and Christian founded Candy & Candy, initially focusing on renovating modest apartments in London. Their first purchase was a flat acquired for £122,000. With limited capital, they borrowed £6,000 from their grandmother to complete renovations while continuing to work full-time jobs. Nick worked in advertising, while Christian worked at Merrill Lynch.

After 18 months, they sold the apartment for £172,000, generating a modest profit that allowed them to continue scaling their operations. Over time, they transitioned from small renovations into large-scale luxury developments, eventually becoming one of the most recognizable names in high-end real estate.

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Notable Developments:

One Hyde Park

In 2005, with financial backing from investors in Qatar, the brothers acquired a prime site in London's Knightsbridge neighborhood for approximately £150 million. Working with architect Richard Rogers, they developed One Hyde Park, which was completed in 2011.

The project includes 86 ultra-luxury residences and quickly became a global benchmark for high-end real estate pricing. Units have regularly sold for £20 million to £30 million, with penthouses commanding far higher prices. In one of the most notable transactions, Ukrainian billionaire Rinat Akhmetov reportedly paid around £136 million for his penthouse and later spent significantly more on renovations.

Nick Candy also owned a flagship duplex penthouse in the building. In May 2021, he listed the property for approximately £175 million, which was widely reported as roughly $240 million at the time based on exchange rates.

Fitzroy Place (Former NoHo Square Project)

In 2006, the Candy brothers acquired the former Middlesex Hospital site in London for approximately £175 million, with plans to develop a major mixed-use project called NoHo Square.

However, the project became one of the most high-profile casualties of the 2008 financial crisis. The Candys and their financing partner, the Icelandic bank Kaupthing, ultimately defaulted on loans tied to the development and withdrew from the project, reportedly incurring substantial losses.

The site was later taken over and redeveloped by other investors, eventually opening as Fitzroy Place. While the Candy brothers initiated the project, they were not involved in its completion.

Chelsea Barracks

In 2007, the brothers acquired the Chelsea Barracks site for approximately £959 million with backing from Qatar's sovereign wealth interests. The development became one of the most high-profile regeneration projects in London, although it also faced design controversies and delays before ultimately moving forward under revised plans.

9900 Wilshire

Also in 2007, the brothers acquired the former Robinsons-May department store site in Beverly Hills for approximately £250 million, marking a major expansion into the U.S. luxury real estate market.

Personal Life

In 2012, Nick married Australian-British singer and actress Holly Valance. In November of 2013, the couple welcomed baby girl Luka Violet Toni Candy, telling the press they would call her Lulu. The baby girl was given the middle name Toni in memory of Nick's father, Tony Candy, who died a few weeks prior to the baby's birth. They welcomed a second daughter, a girl named Nova Skye Coco, in September 2017. Nick and Holly separated in June 2025 after 13 years of marriage.

Holmby Hills Estate

In 2010, Jeremy Renner and a business partner paid $7 million for a home in Holmby Hills, California, an ultra-expensive enclave in the middle of Beverly Hills. After performing a major renovation in 2013, Renner and his partner sold the home to Nick's brother, Christian Candy, for $24 million. In 2018, Christian sold the home to Nick for $28.5 million. Nick subsequently added a three-story guest house in addition to other renovations. In July 2022, Nick and Holly listed this property for sale for $85 million. The 21,000-square-foot mansion, which is known as "The Reserve," was originally built in 1959. The primary 11,000-square-foot mansion has five bedrooms, 11 bathrooms, and a 226-foot driveway. The master bedroom wing is 1,000 square feet. The guest house is equally as large, at 11,000 square feet.

Most Expensive Home Ever Sold

In 2026, Nick Candy set a new global benchmark for residential real estate when he sold his private London mansion for more than £270 million, roughly $350 million. The off-market transaction is widely believed to be the most expensive single home sale in history, surpassing the previous record of approximately £210 million for a mansion overlooking Hyde Park.

The property, located in London's exclusive Chelsea district, sits on a rare two-acre parcel of land that once housed the residence of Britain's first Prime Minister, Robert Walpole. Candy transformed the estate into a private compound designed to resemble a grand country retreat in the middle of the city. The grounds include a lake, landscaped gardens, and a swimming pool, while the interiors incorporate preserved Georgian architectural details alongside modern luxury finishes.

Despite never being formally listed, the home reportedly attracted multiple offers from ultra-high-net-worth buyers, reflecting continued demand for trophy properties even amid a broader slowdown in London's luxury market.

Candy and his wife, singer and actress Holly Valance, had previously used the estate as their primary residence before their separation. The sale not only set a new pricing record but also reinforced Candy's status as a central figure in the global ultra-luxury real estate market, both as a developer and as a high-profile owner of landmark properties.

UK Real Estate

Back in their native United Kingdom, Nick and Holly own a large home in Chelsea, a country property in the English countryside region of Cotsworth, and an apartment in One Hyde Park, the building he and Christian developed.

Who's Richer?

Nick
Candy

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Holly
Valance