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Jesmond Park West is home to mega-rich tycoons living behind high gates – but this week, they were joined by anarchists.

Between Sunday night and Monday morning, pink pound-shop spray paint was daubed all over multi-million pound mansions.

The exclusive street is home to Freddy Shepherd , Newcastle United Chairman from 1997- 2007, who is estimated to be worth more than £110m.

Just a few doors up is business magnate Barry Moat, who famously tried to buy the club for £100m in 2009.

Vandals wrote things like “Burn The Rich” on the pavement while “Class War” covered the gates of a red-brick mansion.

At the gate of Mr Moat the buzzer box was still drenched in pink. A nearby wall showed the faint outline of an anarchist symbol.

The damage was scrubbed away quickly after being reported to police at a cost of hundreds of pounds.

Freddy’s wife Lorelle said today: “It’s never happened to us before or anything like it. It was apparently sprayed onto some cars too and I just am thankful it wasn’t that because it’s so hard to get off.”

Multi-millionaire Mr Shepherd,74, recently announced a £4m development at the Walker Offshore Technology Park which could create 200 jobs.

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His marine company Shepherd Offshore Group concentrates on property development, provision of warehousing and distribution services and quay management.

Mr Moat, 48, is now the Chief Executive of the mobile software firm mporium having founded hugely successful distribution company the Premier Direct Group.

A police spokesperson said: “Between 10pm Sunday, and 8:30am Monday vandals sprayed graffiti on a car parked in Tosson Terrace in Heaton .

“During the same approximate times graffiti was sprayed onto house gates, a roundabout and an electric box in the Jesmond Park West area.

“It was bright pink in colour and the damage will cost hundreds of pounds to repair and clean up.

“Enquiries are ongoing into the incidents and anyone with any information is asked to contact police on 101 quoting reference number 283 04/04/16.”