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Robert Bonnier - He came, he saw, he lost the lot!

While Robert Bonnier is perhaps better known for building up the Scoot empire during the dotcom boom and making literally millions for himself, he has a track record of ups and down which few investors would want!

Over the years, as well as the Scoot investment, he has been very active in an array of dotcom stocks, increasing his portfolio substantially with the boom seemingly set to continue for years and change the face of the investment market. Unsurprisingly, as all good things come to an end, so did the dotcom boom and Robert Bonnier literally lost the lot.

However, he battled back over the preceding years and managed to build up his assets again, seemingly having rediscovered the Midas touch, until last week!

In what is probably the largest ever repossession in the history of the UK housing market it has been revealed that Robert Bonnier has lost his £12 million pad which he bought last year with a £3 million deposit and a mortgage to make up the balance. In a sign of the times, and a throwback to the dotcom boom, he has seemingly hit a very rocky patch which led to the repossession of his pride and joy, No. 1 Holland Park in London.

So the credit crunch is not limited to the lower and middle classes!

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