Richest People in New Zealand – List of Top Billionaire Kiwi Men -2014
Who is the richest man in New Zealand? Who are the richest people in New Zealand (NZ)? This article will serve as an answer to such questions. Like other ‘richest’ articles, we wanted to present the top 10 richest people in the year 2013.But when we checked the list compiled by Forbes Magazine then we found only three Kiwis who are billionaires. Also, let us see the richest family in New Zealand.
Also Read: Richest People in Australia
#1) Richest Man in New Zealand – Graeme Hart
With his fortune standing at $7.1 Billion, Graeme Hart is the richest person in New Zealand for the year 2013 or to say he is the richest New Zealander. He has been occupying this position since last few years. As of March 2013, he ranks #229 on list of richest people in the world. According to Wikipedia, he had a tough childhood. He started working as a tow-truck driver at the age of 16. He is the founder of an investment company whose name is Rank Group Limited. Rank Group is entirely owned by him and it has many other member companies. According to its website, its member companies operate internationally in packaging, consumer goods, building supplies, and automotive aftermarket industries.
This ,the wealthiest man in New Zealand, entirely owns firms like Burns Philip which was once listed on the Australian Stock Exchange. He also owns a company named Carter Holt Harvey entirely, which is involved in buying and selling of forest-related products like pulp, wood and paper. He resides in Auckland and owns properties in Waiheke Islands.
Some of the companies in which Graeme Hart owns stake are Evergreen Packaging, PACTIV food packaging, Graham Packaging, Closure Systems International, Presto Products, and FRAM Filtration. Mr. Hart also owns stakes in the automotive industry. He owns shares of Holts Auto and ASC Industries. According to Forbes, he was richer in the year 2012 with his net worth standing at $5.7 Billions.
Graeme Hart Yacht
This richest New Zealander is famous for owning several high class yachts which are also called as Superyachts. One of the super-yacht is Ulysses, which he purchased in 2012. He also owns a yacht named Weta or U77. Weta is a 77m super-yacht while Ulysses is a 58m steel mega-yacht. (ref)
#2) Richard Chandler – Second in the List of Richest people in New Zealand
With a wealth of around $3.1 Billion, Richard Chandler occupies the spot #2 in this list of richest people in New Zealand. He founded Sovereign Global along with his brother Christopher, who is also on this list. From 1986 to 2006, he ran the company along with his brothers. However, the Kiwi brothers separated in 2007. Mr. Richard started the Orient Global which he renamed to Richard Chandler Corporation in the year 2010. His beginnings marks from the Waikato region of the upper North Island. Though he was born in New Zealand, he resides in Singapore. His wealth was at its peak in March 2012 when it was $4.6 Billions.
He holds a BAchelor of Commerce in Accounting and Master of Commerce in Strategic Planning from University of Auckland. His charitable foundation has donated millions to the cause of the poor. Also, his foundation has donated to the cause of free education in underdeveloped economies.
According to its business website, it says:
We build and invest in energy and the environment, healthcare, financial services and consumer businesses.
#3) Christopher Chandler
With his wealth valued at $1 Billion, Christopher Chandler is the third wealthiest guy in New Zealand. His father and mother started a firm named Chandler House. This Kiwi joined it in 1983, one-year after his brother joined. He grew up in Waikato. He founded the Legatum Group in 2006, after he split with his brother. Before this venture, he was the President of Sovereign Asset Management. His wealth is because of the investments which he makes in different companies through Legatum Group. His wealth was at its peak in March 2007 when it was around $2 Billions. Along with the other two persons on this list, he forms the list of richest people in New Zealand.
Richest Family in New Zealand
Brother Richard and Christopher, who occupy the spot #2 and #3 in this list together form the richest family. The total net worth of the both members of the Chandler family stands at 1 + 2.85 = $3.85 B. Thus the fortune of this wealthiest family is close to four billions US Dollars.