Brett Blundy (born 1959/1960) is an Australian billionaire businessman. He is the founder and former chairman of BB Retail Capital, which owns companies such as Sanity Entertainment, Bras N Things, and Aventus Property Group.[3][4] He is part-owner of BridgeClimb Sydney, one of Australia's biggest tourist attractions.[5]
Brett Blundy | |
|---|---|
| Born | 1959 or 1960 (age 63–64)[1] |
| Citizenship | Australia |
| Occupations |
|
| Known for | |
| Spouse | Vanessa Speer[2] |
| Children | 2 |
Career
editBB Retail Capital (BBRC) was founded by Blundy in 1980[6] with the purchase of a single record store "Disco Duck",[7] now known as Sanity Entertainment Group.[8]
In 2005, he purchased Diva, a fashion jewellery store founded by Colette and Mark Hayman. Diva had close to 200 stores in Australia and New Zealand and 400 in international markets.[9]
In 2010, he launched Lovisa, a fast fashion jewellery brand.[10] As of July 2023, Lovisa has 801 stores across 39 countries.[11]
In 2015 Blundy expanded his business operations into cattle farming.[12]
In early 2018, Bras N Things was sold to the US company Hanes.[13]
As of June 2024[update], Blundy owns around 11 per cent of City Chic Collective.[14]
Personal life
editHe is married, with two children, and lives in Singapore.[1]
Blundy owns a 242-foot (74 m) megayacht, Cloud 9.[15]
Net worth
edit| Year | Financial Review Rich List |
Forbes Australia's 50 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | Net worth (US$) | |
| 2017[16][17][18] | $1.39 billion | 42 
|
$645 million
| |
| 2018[19] | 41 
|
$1.71 billion
|
33
|
|
| 2019[20][21] | 39
|
$2.00 billion
|
29
|
$1.44 billion
|
| 2020[22] | 37
|
$2.20 billion
|
||
| 2021[23] | 39
|
$2.65 billion
|
||
| 2022[24] | 32
|
$3.30 billion
|
||
| 2023[25] | 34
|
$3.33 billion
|
||
| Legend | |
|---|---|
| Icon | Description |
|
Has not changed from the previous year |
|
|
Has increased from the previous year |
|
|
Has decreased from the previous year |
References
edit- ^ a b "Forbes profile: Brett Blundy". Forbes. Retrieved 28 September 2018.
- ^ "Brett Blundy's BridgeClimb too far for ASX float list". The Weekend Australian. 10 September 2015. Retrieved 17 March 2017.
- ^ "Billionaire Brett Blundy's retail recipe that made his executives millions". Financial Review. 26 October 2016. Retrieved 16 March 2017.
- ^ "Aventus Property Group — Specialist Fund and Asset Manager". Aventus Property. Archived from the original on 18 March 2017. Retrieved 16 March 2017.
- ^ "BridgeClimb profits cheer Hungry Jack Cowin and Brett Blundy, but here's why Singo won't be smiling". Financial Review. 12 November 2013. Retrieved 17 March 2017.
- ^ "BBRC | About Us". www.bbrcworld.com. Retrieved 17 March 2017.
- ^ Tan, Gillian (8 April 2013). "Australian Millionaire Brett Blundy Moves to Singapore". WSJ. Retrieved 17 March 2017.
- ^ "Exclusive photos: Cloud 9 200-ft super yacht - LifestyleAsia Singapore". www.lifestyleasia.com. Retrieved 17 March 2017.
- ^ Keating, Eloise (28 May 2014). "What's happening at Diva? Confusion over future of Australian fashion accessories chain - SmartCompany". SmartCompany. Retrieved 17 March 2017.
- ^ Mcilraith, Brianna (19 September 2023). "Lovisa paid $153,000 in wage arrears to employees". Stuff. Retrieved 20 September 2023.
- ^ Pattabiraman, Rakshnna (24 August 2023). "Lovisa pushes ahead with global expansion as profits rise". Inside Retail Australia. Retrieved 20 September 2023.
- ^ Curtain, Carl (8 December 2015). "Australian billionaire Brett Blundy buys two Northern Territory cattle stations from Paraway Pastoral for $100 million". ABC News. Australia.
- ^ LaFrenz, Carrie (9 February 2018). "Brett Blundy offloads Bras N Things to Hanes for $500m". The Australian Financial Review. Retrieved 29 September 2018.
- ^ LaFrenz, Carrie (19 June 2024). "City Chic sales smashed by 30pc, capital raise documents show". Australian Financial Review. Retrieved 22 June 2024.
- ^ "9 outrageous yachts appearing at the Monaco Yacht Show owned by some of the world's richest billionaires". businessinsider.com. Retrieved 28 September 2018.
- ^ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
- ^ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
- ^ "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
- ^ Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
- ^ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
- ^ "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
- ^ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
- ^ Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
- ^ "Rich List". Australian Financial Review. Retrieved 4 January 2023.
- ^ Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.