Former BHP chairman Jac Nasser has banked $US18 million ($26.6 million) from selling one of his many houses last week.

The 933 square metre "residential compound"— two houses, nine bedrooms, two pools and pier — is the priciest to sell this year on Miami's Venetian Islands, and the second most expensive ever, according to Mansions Global, who we're sure would know. Nasser bought the property for a mere $US5 million in 2005, achieving a far better rate of return than, say, BHP investors did from that company's investment in US shale in 2011. "I really like property as an asset class," he told this newspaper in 2017. Well, no wonder!