Rio boss put home up for sale
Rio Tinto chief executive Sam Walsh and his wife Leanne have put their Peppermint Grove house on the market, just over a year after moving to London to take up the top job at the world's second biggest mining company.
The five-bedroom, four-bathroom house, on a 950sqm block, is listed with real estate agent Willie Porteous with a price tag of $8.75 million.
It compares with the $10 million Mr Walsh paid in 2010 to buy the property. Much of the cash came from Mr Walsh selling a swag of Rio shares.
Mr Walsh, who as Rio's iron ore boss was based in Perth for almost nine years before his promotion to London, could not be contacted for comment. It is unclear if the house sale signals that he and Mrs Walsh do not intend to return to Perth once his stint running Rio comes to an end.
