Is Brad Pitt investing his own money in a $1.5 billion eco-resort in Croatia?

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Brad Pitt is rich. I’ve noticed that many people seem to shrug off Brad’s business sense, but he’s gotten the last laugh in nearly every situation involving money. Brad has long been a serious real estate junkie, and the idea that he would get involved with a massive construction project doesn’t surprise me. I’m just trying to figure out if Brad is actually putting his own money into this project? These are photos of Brad in Croatia a few days ago. He did a whirlwind 24-hour trip to Sibenik, a coastal town, to get a look at a $1.5 billion luxury real estate development.

Brad Pitt is a fan, just like the rest of us! The actor traveled to Croatia on Thursday and took an onsite tour of a proposed $1 billion dollar luxury real estate development on the Adriatic coast. After arriving at the Zadar Airport, the 52-year-old actor took a small boat cruise along a 50-mile stretch of coastline near Biograd and Sibenik, roughly an hour up the coast from Split.

Pitt, who stayed overnight in Sibenik’s recently opened waterside Dogusevom Hotel, visited the town’s St. James Cathedral before embarking on a walking tour with 10 others around the proposed project site in Zablace. The group included internationally known architect Nikola Basic, who created Zadar’s celebrated Sea Organ quay design, a unique giant sculpture that plays music created by sea waves passing through resonant tubes beneath its large marble steps. Basic also designed the Dogusevom Hotel and is the creative force behind plans at Zablace.

Swiss-based fund TFI Holding has reportedly invested $70 million in assembling land parcels for Basic’s project, which will remake Sibenik’s small neighboring city Zablace into a modern ecologically-responsible planned community. Proposed project plans call for both land – once known for its salt production – and an existing marina site to be transformed into a resort that features a flagship luxury hotel, shops and villas. Schools and a clinic are also included in the plans, which will incorporate a permanent community population of 2,500. The overall cost of the development is estimated to be over $1.5 billion.

[From People]

Do you see how vague People is about Brad’s exact involvement? Hello Magazine was a little bit clearer – they say that Brad met “with business partners to discuss a possible $1.5 billion real estate project on the Adriatic coast.” Like, HIS business partners? Again, is Brad putting up any of his own money, and if not, why is he there again? Just to check out the progress of a project that he’s not personally invested in? I have no idea. But if Brad does attach himself to the resort in some way, I imagine it will become the newest Euro-hot-spot.

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Photos courtesy of WENN.

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37 Responses to “Is Brad Pitt investing his own money in a $1.5 billion eco-resort in Croatia?”

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  1. Locke Lamora says:

    I AM SO HAPPY CROATIA IS MENTIONED ON HERE. Oh my God.
    And we already are the newest Euro-hot-spot.

    Our media also said he’s building luxury villas with a Swiss partner. I’m glad Nikola Bašič is attached to it because he’s great. Zablaće is gorgeous. There is some debate about building luxury villas on the coast because they usually come with private beaches and people here don’t appreciate that. And the school on the site is also a strange proposition.
    So we’ll see what happens here.

  2. Fa says:

    Tabloids & Forbes keep forgetting that Brad own a winery, designed high class furnitures and most of all he is a great architect

    • Locke Lamora says:

      Unless he has a degree in architecture, he’s not an architect.

    • Ravensdaughter says:

      Exactly. No degree in architecture, not an architect. He did an internship with über architect Frank Geary. Back in the day, interns had to pay to work with Frank; Brad got a free ride.
      Consider him an architecture enthusiast. To be a practicing architect you have to study architecture (a Master’s degree now) and take the state board exam to be fully qualified.
      My ex is an architect and “celebrity architects” drive him and his colleagues crazy.

    • Colette says:

      He has never claimed to be an architect.

  3. lisa2 says:

    Brad is there working with he design partner Palloro on FURNITURE. He also is a partnership with Graft Architects.

    Obviously the people he is working with are fine with his abilities.. Why does it upset people so much.

    • Fa says:

      Exactly who need degree these days they are a lot of people excelling speciality they love without degree because they are good in their work

      • Lambda says:

        But I wouldn’t set foot in a building whose plans were not put together by an actual architect.

      • lisa2 says:

        @lambda..
        who said Brad had designed a building.. he is there with is Furniture partner. And just like anyone that has built a home from the ground up. You can work with an “actual architect” to make the designs viable.

      • Lambda says:

        Mine was a knee jerk reaction to ‘who needs a degree these days’.

      • lisa2 says:

        @lambda
        no problem.. we are all guilty of that from time to time. As someone has said, Brad has never described himself as an actual architect. I think he has a natural talent for design and such. Some people are like that. When you think of the original builders of great structures they were not schooled in it. They were naturals. I think he falls into that category. I also think he is self taught. That kind of natural skill should not be discounted. Some of the greatest discoveries and inventions are done by just regular people that thought of them; and they didn’t have a degree. (I don’t discount degrees; but I know that having one doesn’t make you the best always).

      • Lambda says:

        To be specific, I don’t care at all about Brad Pitt, beyond some general appreciation for him as a family man and producer.

        Moreover, I’m dying (not really) to hear an example of one ‘builder’ who was not schooled, but ‘naturally’ managed to build the Parthenon, or an aqueduct or what have you. Actually, I’d like two examples. Or how about them ‘greatest discoveries and inventions’ done by regular people? There’s gotta be a handful, but most, the crushing majority of great discoveries and inventions come after arduous dedication and following generations of craft and experimentation.

        See, wishy-washy generalizations do nothing for me. Nor does a two-bit anti-intellectualism. I think dilettantes like Brad Pitt are cute, and eve useful, especially if they throw money at the truly knowledgeable people.

      • Sarah says:

        If you don’t want the building to fall down on your head, you’d better hope an architect, with a degree that involves calculus, weight loads, etc., designed it, and not some celebrity who likes nice buildings.

  4. really says:

    He’s designed a bunch of stuff, including a desk for Angie- the man he had build it became his business partner when he saw all of Brad’s other designs. Their furniture is already in some fancy hotels. There was a big time photo studio guy who said Brad designed his new studio and posted pics on facebook a few weeks ago. So, regardless of Brad’s credentials, his designs are actually being taken seriously and being made. Both he and Angie seem to really encourage their kids to experience and enjoy art & music, too. They always went to that art store in NYC before it closed.

    • Sarah says:

      So if he wasn’t Brad Pitt, world famous actor, what do you think the chances would be of anyone buying his furniture? Come on, he’s an enthusiast, not a designer or an architect.

  5. Frosty says:

    It’s so nice to see Croatia getting some love. GoT and now this, with Brad attached. I don’t think he’d use his own money directly, though; not his personal cash.

  6. Lambda says:

    First time I read about the Sea Organ. Pretty freakin neat.

    • MarianneZ says:

      That is a really beautiful imaginative site. People just start gathering there in larger numbers and sit along the edge of the water on the steps as the sun starts to go down and then set on the water. some jump in and swim (it’s deep at the stairs) but most just gather and chill. It’s not a bit commercial, it’s a very kind of calm place actually considering. The sound of the water in the sea organ is quite soothing in a kind of dolphin sound way (!).

      • Lambda says:

        I’ve just seen a video of video of the place at sunset (or was it sunrise?), with lots of people chilling and kids playing and those beautiful sounds. Very peaceful. I instantly wanted to be there.

    • Esmom says:

      I know, how cool.

  7. A.Key says:

    Jesus, I keep getting surprised by the amount of money one can make in America just for pretending to be other people.
    Just, wow.

    • Colette says:

      You can make even more playing with balls (baseballs,basketballs,etc)

    • mayamae says:

      I can’t quote any articles, but I imagine that a lot of Brad’s wealth was earned through producing films.

      • lisa2 says:

        Actually I don’t think that is the case. Brad has said that there is not that much money being made by Producing. The majority of his money came from acting and commercials. He gets upfront money and back-end deals. Especially for his films that are high earners. I also think he invests well and has money in a lot of art and such. Besides now they have that wine and he has his furniture business which is very expensive and exclusive. So he has lots of avenue for money. Forbes and such only know what the Stars reps tell them. I don’t think Brad is opening his business up for anyone to see. I don’t blame him.

  8. d says:

    Croatia is on my list of places to visit within the next couple of years – it seems like the natural landscape is just stunning. Croatia, the Czech Republic, Slovenia, all those places I’m hearing are great places to visit. Maybe now might be the time go on the cheap before exclusive resorts drive up prices…nothing against Pitt, but I could see that happening.

  9. sarah says:

    Croatia is the most beautiful place to visit with the kindest people. Stunning beaches & coastline.