It can be argued, of course, that this shows that the rich can buy amenities the poor cannot and, indeed, Paulson is only one of many wealthy members of the Conservancy board (which includes Henry Kravis of Kohlberg Kravis Roberts, Thomas Kempner of Davidson Kempner Capital Management and Michael Steinberg of Steinberg Asset Management).

FORBES: John Paulson's Smart (New) Bet

Contributing to the debate, Chair of the Environment Committee Dafydd Elis-Thomas welcomed the announcement of the merger as he congratulated Jane Davidson, the former Environment Minister and Elin Jones AM on her work as rural affairs minister for their contribution in developing the proposals.

BBC: Welsh Conservatives debate