Horse Studs sold

Tech multi-billionaire buys into NRL team owned by Russell Crowe after going on a $70MILLION spending spree on rural properties

• Mike Cannon-Brookes has bought into NRL team South Sydney Rabbitohs
• Club is co-owned by fellow billionaire James Packer and actor Russell Crowe 
• Atlassian boss buying up vast swathes of land in the Southern Highlands of NSW
• He plans to use regenerative agriculture farming methods to save the planet 
• He's already spent $70million on at least seven different local farms and estatesLast week Cannon-Brookes bought out a Melbourne Cup-winning racehorse stud as part of his ambitious personal mission to make Australia greener.

  The purchase of the $15.25million, 120-hectare Think Big Stud is the latest acquisition in a massive $70million buy-up of property and land in the Southern Highlands, 120km south of Sydney.  

  He's planning to transform the properties he buys into a green paradise using 'regenerative agriculture' - with part of his plan to encourage Australians to eat crickets and other insects. 

  The 41-year-old, who is worth $20billion, has already pledged $1.5billion to climate initiatives.

  ' have heavy investments in controlled environment agriculture because it turns electricity into farming,' he tweeted. 

  '99 per cent less emissions from transport, 95 per cent less water and 95 per cent less land use. 

  'Renewables make it continually better.'

  He has also warned the world needs to change its eating habits by adding insects to its daily diet if the planet is to feed a global population of eight billion.

  'Insects are a huge part of a sustainable future,' he said.

  'I'm a big fan of cricket flour and insect eating in general. The logic totally stacks up - Low planet footprint, high protein, sustainable etc.

  'Always looking for interesting opportunities in that space!'

  The tech boss's latest buy, the Think Big Stud, was home to the 2008 Melbourne Cup and Caulfield Cup winner Viewed, as well as other Group One champions. https://www.dailymail.co.uk/news/article-10201617/Tech-billionaire-buys-NRL-team-owned-Russell-Crowe-going-70MILLION-spending-spree.html