"To have the privilege of creating a building we believe could be among the most important ever built would be humbling, scary and massively exciting, " he added.

BBC: NEWS | UK | Final four in ?50m lottery race

The Campanile, like other posh co-ops in New York, will only take 100% cold hard cash for the privilege of owning shares in the building.

FORBES: A Penthouse-Style Apartment On The Ground Floor (VIDEO)

He said it was a privilege to be asked to lead the company and he looked forward to building on Mr Kloppers' legacy.

BBC: Marius Kloppers