
An British social media tycoon whose great-great grandfather built a small grocery shop in a sleepy north Devon village has turned it into what has come to be known as "Britain's poshest corner shop".
Michael Birch made his fortune by helping set up several social networking sites including Bebo, which he sold for $850 million in 2008. He has since been spending his cash renovating an English village — buying buildings and land in Woolsery, north Devon, which he visited as a boy and where some of his ancestors lived.