Graeme Hart is a New Zealand business entrepreneur. After graduating from high school, Hart worked as a tow truck driver and a panel beater. Hart earned his MBA from the University of Otago in 1987. His research thesis explains the growth strategy for Rank, which was then a modest staffing firm. This method relies on well-performing companies' cash flow to fund debt, which improves the equity value of the initial investors when the debt is paid off. In 1990, Hart got a significant break when he bought the Government Printing Office for less than its market value. The purchase price was 1.4 times earnings, and Hart was given favorable payment conditions.

New Zealand's then-Prime Minister David Lange initially refused to approve the deal. The next year, he purchased Whitcoulls Group, which included a bookshop chain as well as office and stationery businesses. He has since sold these holdings. His trip began with a log cabin and ended with a gorgeous white villa. Because of his modesty and desire to keep a low profile, Hart is referred to as an undercover billionaire. In New Zealand, Graeme has homes in Auckland and Waiheke Island. He also has a 58-meter luxury motor yacht that attracts a lot of tourists. He is one of the richest people in New Zealand.

Net worth: $9.7 Billion

Richard Chandler is one of the richest people in New Zealand. He has a track record of buying struggling businesses and then rebuilding them. Hoan My Medical Corporation is 80 percent owned by him. Richard Chandler, a New Zealand native, moved to Singapore in 2006 to operate Clermont Group, his own investment firm. Clermont has holdings in the healthcare, financial services, and aerospace, among other things.

Chandler and his brother, Christopher, cofounded the investment business Sovereign Global, which he now controls as Legatum Group in Dubai. Clermont owns shares in SBFC, an Indian small business loan provider, and Hoan My, a Vietnamese healthcare company. Clermont Aerospace is the owner of MagniX, an aviation engineering company, as well as a controlling position in Eviation, an Israeli light electric aircraft manufacturer.

Net worth: $3.7 Billion

Todd Corporation is owned by the Todd family in New Zealand. The Todd Family is involved in the extraction and refinement of petroleum products. Todd's has also assisted in the assembly of a wide range of automobiles as well as light and large commercial vehicles. The Todd Corporation, located in Wellington, New Zealand, is a big private New Zealand firm worth $3.3 billion that is owned and controlled by the Todd family. Henry Tait, chairman of the board, and Jon Young, Group Chief Executive Officer, currently lead the company.

In addition, the company currently employs 800 people in 20 locations across New Zealand, Australia, and the United States. This group contains eight members of the Senior Management Team and nine members of the Board of Directors. Todd Corporation is thought to have started in Central Otago in 1885 when Scottish immigrant Charles Todd formed and operated either a wool scouring business or a country goods store. After the company began importing motor vehicles in 1929, it evolved into a car sales and servicing business operated by his son and namesake Charles Todd.

Net worth: $3.3 Billion

Michael Friedlander's wealth stems from his massive investments in Ponsonby and Grey Lynn, as well as Remuera, Parnell, Mt Eden, and Onehunga. He began a promising career about 50 years ago, and there has been no turning back since. This family is also well-known for its charitable endeavors. Michael Friedlander is a difficult landlord with a big empire of over 220 homes spread over Auckland.

Over the years, the portfolio of commercial and residential real estate has grown to encompass a large block of land in the Waikato valued at more than $18 million. He is one of the richest people in New Zealand. His two sons, Jason and Daniel, run the family business, which includes Samson Corporation and Sterling Nominees. The family is tight-lipped about its various investments in the media, but the Friedlander Foundation, it reveals more about its long-standing and significant generosity.

Net worth: $2 Billion

Christopher Chandler launched Dubai-based Legatum Capital after breaking up with his brother, Richard, in 2006 to pursue his own investments. Legatum is a multibillion-dollar private investment organization that invests in both developing-country businesses and global capital markets. Chandler, the son of a beekeeper from New Zealand's North Island, and his brother began investing in Hong Kong real estate after their parents' department store was sold. Sovereign Global, a Monaco-based investment firm, was founded by the siblings to focus on transitional industries in Russia, Latin America, and Eastern Europe.

Another MP, Steve Baker, defended Chandler in Parliament in July 2020, claiming that he had spent a lot of money "fighting the impacts of Russian malfeasance." Baker further stated that an independent investigation determined that the claims leveled against Chandler and Legatum were completely untrue and that Legatum has since received numerous corrections, retractions, and apologies from news organizations that covered the allegations. As a result, Baker advocated that people accused of misbehavior in Parliament be given the ability to respond. Baker had made "a really crucial point," Seely responded, and he expressed his support for the right to respond.

Net worth: $1.7 Billlion

The net worth of the Goodman family is $850 million. The Goodman Group is owned and controlled by the family. The group is Australia's largest industrial property company, with shares listed on the ASX. The majority of the Goodman family's business operations are based in Germany. In sixteen nations, the Goodman family owns, develops, and administers industrial real estate. Business parks, logistics centers, and warehouses all fall under this category. Institutional investors can access their specialized management services as well as industrial and commercial property assets through their investment partnerships.

The company has 28 offices in sixteen different countries. They also serve over 1,600 consumers around the world. The Goodman family was placed sixth richest on the yearly list, with a fortune of $1.8 billion, up from $750 million four years ago. The family took over the leadership of property investment company Macquarie Goodman and renamed it Goodman International, resulting in a $300 million increase from the previous year.

Net worth: $1.7 Billion

Sir Douglas Myers, the long-serving CEO of Lion Breweries, a business advocate, and philanthropist, has died. He died in a London hospital Friday, aged 78, after a long fight with cancer. He was the long-time CEO of Lion Breweries and Lion Nathan and was one of the richest people in New Zealand. In his role as vice-chairman of the Business Roundtable in the 1980s, he also had a crucial role in shaping economic discourse.

His wife Barbara and daughters Jessica, Laura, and Campbell survive him. Sir Douglas moved to London four years after selling his Lion ownership to Japanese brewer Kirin in 1998, while continuing to spend time on the family farm in Matauri Bay, Northland. In 1991, he received a CBE for services to corporate management, and in 2010, he was knighted. With a net worth of $930 million, Sir Douglas was rated tenth on the NBR Rich List for 2021.

Net worth: $1.3 Billion

Sir Michael Fay is a partner in the merchant bank Fay Richwhite in New Zealand. He is one of the richest people in New Zealand. His personal wealth was mostly amassed in the late 1980s and early 1990s, at which time he played a key part in New Zealand's Fourth Labour Government's structural adjustment of the economy. He is estimated to be worth more than NZD 920 million, making him New Zealand's tenth richest citizen in 2017.

Richwhite and Midavia Rail Investments, a business owned by Richwhite and Fay, were charged with insider trading by the New Zealand Securities Commission in October 2004. Richwhite was accused of informing Midavia to sell $63 million worth of Tranz Rail stock, despite the fact that Richwhite was aware of Tranz Rail's secret financial troubles. Midavia paid $20 million to settle insider trading charges related to Tranz Rail in June 2007. The payments were provided "without any acknowledgment of wrongdoing," according to the commission. The village is the most massive of its sort in Australasia.

Net worth: $1 Billion