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Justin Hemmes
Justin Hemmes (born 27 August 1972) is an Australian businessman, heir to the House of Merivale family fortune and principal of the Merivale Group that owns approximately 70 pubs, hotels, restaurants and other venues in the Sydney area. Biography Hemmes is the son of John Hemmes (1931-2015) and Merivale Hemmes. Personal life From 2012 to 2015, Hemmes was in a relationship with Carla McKinnon, a yoga teacher. From 2015 to 2018, he was in a relationship with Kate Fowler, and they had two daughters together. Net worth Hemmes and family debuted on the ''Financial Review'' 2018 Rich List with an estimated net worth of 951 million; that increased to 1.06 billion, in the 2019 Rich List. Worker pay lawsuit In 2019, Hemmes and his company Merivale Group faced a $129 million dollar class action law suit. It alleges around 14,000 Merivale workers who were employed under Hemmes between December 2013 and December 2019 were not paid for the significant over time they ...
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The Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and "the most widely-read masthead in the country." The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, '' The Sun-Herald'' and digitally as an online site and app, seven days a week. It is considered a newspaper of record for Australia. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday edition of ''Th ...
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Forbes Asia
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve For ...
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Businesspeople From Sydney
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accounting ...
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1970s Births
Year 197 ( CXCVII) was a common year starting on Saturday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Magius and Rufinus (or, less frequently, year 950 ''Ab urbe condita''). The denomination 197 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * February 19 – Battle of Lugdunum: Emperor Septimius Severus defeats the self-proclaimed emperor Clodius Albinus at Lugdunum (modern Lyon). Albinus commits suicide; legionaries sack the town. * Septimius Severus returns to Rome and has about 30 of Albinus's supporters in the Senate executed. After his victory he declares himself the adopted son of the late Marcus Aurelius. * Septimius Severus forms new naval units, manning all the triremes in Italy with heavily armed troops for war in the East. His soldiers embark on an ...
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The Hermitage, Vaucluse
''The Hermitage'' is a historic house in the Sydney suburb of Vaucluse, New South Wales, Australia. It is listed on the (now defunct) Australian Register of the National Estate as well as the Municipality of Woollahra local government heritage list. History and description The main house was designed and built around 1870-1878 in the Victorian Rustic Gothic style by Edward Mason Hunt, influenced by the design of ''Roslyndale'', in Woollahra, New South Wales. It features a castellated tower, elaborately carved barge boards and a roof of multiple gables. The house was seriously damaged by a fire in 1936, and was restored by Emil Sodersten. It was bought by the Woolworths company in 1964 and used as a staff training centre, but later returned to its original role as a private home. This Gothic house overlooks Hermitage Reserve and has harbour views. ''The Hermitage'' incorporates a smaller house, which was built by Alexander Dick. ''The Hermitage'' is owned by the family of Jus ...
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Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ...
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1,000,000,000
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an ''eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000 ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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List Of Australians By Net Worth
The ''Forbes'' list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by ''Forbes Asia'' magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online. In 2019, the entry mark for the 50th richest individual was 750 million. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of 14.8 billion; a 2.6 billion decrease in her personal net worth of 17.4 billion, as estimated by ''Forbes'' in 2018. 2019 marked the eighth time that Rinehart had headed the list. Prior to 2013, the list included the forty richest people in Australia; expanded to Australia's fifty wealthiest individual ...
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Financial Review Rich List
The ''Financial Review Rich List'', formerly known as the ''BRW Rich 200'', is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth published annually in ''The Australian Financial Review Magazine'', a supplement of ''The Australian Financial Review'', published by Nine Publishing. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list was historically released annually in May or June in a special issue of the ''Business Review Weekly (BRW)'', published by Fairfax Media. The final hardcopy issue of ''BRW'' was published in November 2013, and between 2014 and March 2016, the list was published online only. In March 2016 the ''BRW Rich 200'' was published in hardcopy in ''The Australian Financial Review Magazine'' (or ''AFR Magazine''), and published online on the ''Financial Revie ...
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Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountains to the west, Hawkesbury to the north, the Royal National Park to the south and Macarthur to the south-west. Sydney is made up of 658 suburbs, spread across 33 local government areas. Residents of the city are known as "Sydneysiders". The 2021 census recorded the population of Greater Sydney as 5,231,150, meaning the city is home to approximately 66% of the state's population. Estimated resident population, 30 June 2017. Nicknames of the city include the 'Emerald City' and the 'Harbour City'. Aboriginal Australians have inhabited the Greater Sydney region for at least 30,000 years, and Aboriginal engravings and cultural sites are common throughout Greater Sydney. The traditional custodians of the land on which modern Sydney stands are ...
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Financial Review Rich List 2019
The ''Financial Review'' Rich List 2019 is the 36th annual survey of the 200 wealthiest people resident in Australia, published by ''The Australian Financial Review'' on 31 May 2019. The net worth of the wealthiest individual, Anthony Pratt, was 15.77 billion; while the net worth of the 200th wealthiest individual, Patricia Ilhan, was 472 million; up from 387 million in 2018. The combined wealth of the 200 individuals was calculated as 342 billion; compared with a combined wealth of 6.4 billion in 1984 when the ''BRW'' Rich 200 commenced. Twenty-six women were included on the 2019 Rich List, representing 13 percent of the list; up from seventeen in 2018, or 8.5 percent. The list included seventeen debutants. List of individuals : See also * ''Financial Review'' Rich List * ''Forbes Asia'' list of Australians by net worth Notes References External links * {{Lists of Australian people by net worth, state=collapsed 2019 in Australia 2019 ...
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