Justin Hemmes
Justin Hemmes (born 1972/1973) is an Australian businessman, who has grown a property empire inherited from his father, the Merivale Group to own some 70 pubs, hotels, restaurants and other venues in the Sydney area.
Justin Hemmes | |
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Born | 1972/1973 (age 47–48)[1] |
Nationality | Australian |
Occupation | Businessman; entrepreneur |
Net worth | A$1.06 billion (AFR 2019)[2] |
Partner(s) |
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Children | Two |
Parents |
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Biography
He is the son of John Hemmes (1931-2015)[3] and Merivale Hemmes.[4]
In 1988, aged 14 years, Hemmes pitched the concept of Establishment, with its boutique hotel, bars, restaurant and nightclub, to his parents. They bought the George Street site for A$9 million. In 2019, the property was reportedly worth much more than that; with plans to redevelop adjacent buildings as part of a $1.5 billion redevelopment including a hotel and offices, as well as hospitality offerings.[3] In 2015, Hemmes bought the Newport Arms Hotel for approximately $50 million.[5]
In May 2018, Hemmes and family had an estimated net worth of A$951 million;[1] that increased to A$1.06 billion, as published in the Financial Review Rich List 2019.[2]
Personal life
From 2012 to 2015, Hemmes was in a relationship with Carla McKinnon, a yoga teacher.[5][6] From 2015 to 2018, he was in a relationship with Kate Fowler, and they had two daughters together.[6]
Hemmes is often portrayed in the media with a playboy lifestyle reputation.[3][7]
See also
References
- "2018 AFR Rich List: Justin Hemmes debuts with $951m hotel empire". Australian Financial Review. 23 May 2018. Retrieved 25 April 2019.
- Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
- Fuary-Wagner, Ingrid (29 May 2019). "New billionaire Justin Hemmes' empire of escapism". The Australian Financial Review. Retrieved 2 October 2019.
- Spicer, David (9 February 2018). "Hemmes' son awarded $1.75m from estate of father he never met". ABC News. Retrieved 25 April 2019.
- "How Justin Hemmes built his bar empire". www.dailytelegraph.com.au. 21 March 2015. Retrieved 25 April 2019.
- "Multimillionaire pub baron Justin Hemmes, 45, splits with partner of three years and mother of his two children Kate Fowler, 28". www.msn.com. Retrieved 25 April 2019.
- Croffey, Amy (4 November 2018). "The Goss: Is 'Sydney's ultimate playboy' Justin Hemmes back?". The Sydney Morning Herald. Retrieved 2 October 2019.