Ron Brierley : Family, Net Worth, Parents, Wife, Children, Sibling, Education and Career Earnings
Ronald Alfred Brierley is a New Zealand born investor and corporate raider, chairman and director know all about him in this article as like his Family, Net Worth, Parents, Wife, Children, Education and Career Earnings
|Birthdate ( Age)||2 August 1937|
|Place of Birth||Wellington, New Zealand|
|Organization founded||Brierley Investments|
|Marital Status||Not Married|
|Parents||Name not Known|
|Profession||New Zealand born investor and corporate raider, chairman and director|
|Net Worth||$200 Million|
|Last Update||October 2021|
Ronald Alfred Brierley is a New Zealand born investor and corporate raider, chairman and director of a number of companies in Australia, New Zealand and the UK.
He founded "R. A. Brierley Investments" in March 1961 with no capital. By 1984 BIL was the largest company in New Zealand by market capitalization, and in 1987 had 160,000 shareholders, with a stake in over 300 companies, including Paris department store Galleries Lafayette and Air New Zealand.
Early Life and Family
Brierley was born in Wellington during 1937 to middle-class parents. He went to primary school at Island Bay School,and Wellington College.At Wellington College, he joined the New Stamp Dealers Federation, and began his first business venture selling stamps to students and staff.He is still one of the largest buyers and sellers of stamps in the world, and he is recognised by the name "Lionheart".
Brierley's investiture as a Knight Bachelor by the Governor-General, Sir Paul Reeves, at Government House, Wellington, in May 1988Brierley is a fan of cricket, being a Trustee of the Sydney Cricket and Sports Ground Trust 1988–96, and President of New Zealand Cricket in 1995.
Ron Brierley Wife, Is Ron Brierley Married
Ron Brierley is not Married.Multiple reports claim that Ron never had a girlfriend. Also, there’s nothing to know about his children. Most probably, he never had a son or daughter.
Ron Brierley Net Worth
Ron Brierley is a New Zealand born investor and corporate raider, chairman and director of a number of companies in Australia, New Zealand and the UK has an estimated Net Worth around $200 Million in 2021.
Brierley began his career as the publisher of a horse racing tip sheet. He followed this with an investment analysis newsletter "Stocks and Shares" which he founded in 1956 at age 19. This sought to identify undervalued special situations and suggest what could be done with the companies.
His first bid via R.A.Brierley Investments Ltd was for the Otago Farmers Co-Operative Association in July 1961, which had become attractive as a target due to its cheapness, its unusual legal structure and the company being moved to an unofficial NZX bourse due to failing to comply with exchange listing requirements. While Brierley's offer was rejected, the company was forced into a change in policy and the market price of the company leapt upwards.
Other targets of Brierley's activist investment style in the 1960s and 1970s included the Southern Cross Building Society, the Finance Corporation of New Zealand, Citizens and Graziers and the Southern Farmers Co-operative Ltd in Australia. Brierley's view was that his holding company, Brierley Investments Ltd, was "a monitoring organisation that continually evaluated the performance of various companies and acted as a catalyst to promote the most effective ownership of a company."
In December 2019, Brierley was stopped and detained at Sydney International Airport following an anonymous tip-off, and he was arrested after a search of his carry-on luggage had police officers discover a large quantity of child abuse material.On 1 April 2021, Brierley pleaded guilty to three counts of possessing child abuse material.The Prime Minister of New Zealand, Jacinda Ardern, had said the process of stripping Brierley of his knighthood had commenced.