2017 FORBES LIST: Top 10 Most Richest Persons IN New Zealand & What They Do

9. Sir Douglas Myers – $930 Million

g

Sir Arthur Douglas Myers KNZM CBE (29 October 1938 – 8 April 2017) was a New Zealand businessman and one of the country’s richest men (#35 on the Forbes New Zealand and Australian Rich list, 2006, with net worth estimated at AU$350 million, and assessed as worth $950m and New Zealand’s 9th richest man according to the New Zealand National Business Review).

Myers began his involvement with what would become Lion Nathan in 1965, being appointed CEO of Campbell & Ehrenfried, following in the footsteps of his father Sir Kenneth Myers and his grandfather Sir Arthur Myers. A series of mergers and cross shareholdings led to the creation of Lion Breweries and then Lion Nathan. Myers played a leading role in Lion for over 15 years as MD, CEO, and ultimately as chairman in 1997. One year later, in 1998, Myers sold his 45% share holding to Kirin Brewery Company (creating the fourth largest brewing firm in the world) for $312 million.

Leave a Comment

Your email address will not be published. Required fields are marked *