In this success post, we are going to share the story of Graeme Hart. He is a New Zealand richest man. Also, he made his fortune buying underperforming and undervalued companies, which makes everyday products like aluminum foil and toilet paper with steady cash flows.
He is famous across the globe for his business acumen and a big collection of Superyachts. He was born in 1955 in Auckland, New Zealand, and attended the Mt. Rockhill Grammar School in Auckland itself. His net worth is around 9.5 billion dollars.
Life Story of Graeme Hart
Graeme Hart dropped out of school when he was 16 years old and did several manual jobs to keep the family running. He worked as a tow truck driver as well as a taxi driver. Fed up and aiming high, he started his own printing press in 1977 known as Hart Printing and Office Supplies. The business was running smoothly but too slow for Hart’s ambition.
Graeme Hart changed businesses about six times before settling for Rank Commercials in the 1990s. At this point, with a young family to support, Hart went back to education and did his MBA from the University of Otago.
He almost lost it when 1997, he acquired 20% of Burns, Phillips, and Co, and the company almost went bankrupt, but when the darkness was greatest. He shined like the sun and brought the company back o life convincing lenders to stall loans and rejuvenating a dead rat. In 2003, Hart resumed his expression of buying and selling and moves his interest offshore. He has shifted his interest into the packaging business and has worked effortlessly to make it big.
He is known to value his privacy as much as his money and only maintains a small circle of friends and a very skilled and loyal workforce. His social is equally secretive of his matters. He is known for making the whole while at the same time avoiding the limelight. But he chose to sell garbage bags and toilet paper instead of iPhones and founded his small niche in the world, just according to his liking.
He owns and lives in a $40 million clifftop mansion with his wife. His daughter lives near to him and forms a very close-knit family. Apart from this, he owns two properties in Aspen, Colorado, and an island in Fiji. His love for yachts is also not unknown, starting with his first yacht Ulysses in 1997, Weta, and then a new Ulysses in 2014.
Also Read: Zhang Yong Biography: Success Story of Haidilao Group Co-founder
