Paul Lederer

Paul Lederer is the former CEO of Primo Group, and Chairman and co-owner of A-League club Western Sydney Wanderers.

Paul Lederer
Born
OccupationEntrepreneur
OrganizationFormer owner of Primo Group
Owner and Chairman of Western Sydney Wanderers
Net worthA$1.14 bn (AFR 2019)[1]
RelativesAndrew Lederer (Uncle)

Business

Lederer started his professional career by joining his uncle's manufacturing business in his early twenties.[2] In 1985, Andrew Lederer started Primo Smallgoods by buying the Mayfair ham factory in Sydney and Paul Lederer became one of the first 38 new employees.[3] Lederer inherited Primo Smallgoods when his uncle died in 2004.[4][5]

Between 2004 and 2015, Lederer served as CEO of Primo Smallgoods, until the company was sold in 2015 to JBS for $1.45 billion.[6][7]

Lederer was listed at number 74 in the Business Review Weekly (BRW) 2014 Rich List with a net worth of A$635 million[4] and in 2017 was ranked as Australia's 73rd richest person (A$824 million).[7] As of 2019, The Australian Financial Review Rich List assessed Lederer's net worth as A$1.14 billion.[1]

In recent years the Lederer Group has acquired different multi-million properties.[8][9]

Western Sydney Wanderers FC

In May 2014 Lederer was part of a four-member consortium that bought the licence to operate the Western Sydney Wanderers FC from 30 June 2014.[10] In 2018, Lederer was elected the new chairman of the Australian Professional Football Club Association.[11]

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References

  1. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  2. "The biggest business guns in the west". The Daily Telegraph. 26 March 2016. Retrieved 14 May 2019.
  3. "Primo expands in Qld". farmonline. 26 September 2011. Retrieved 14 May 2019.
  4. "BRW Rich 200 list 2014: 74. Paul Lederer". Business Review Weekly. 27 June 2014. Retrieved 1 August 2014.
  5. Sexton, Jennifer (17 March 2013). "The biggest business guns in the west". The Australian. Retrieved 1 August 2014.
  6. "JBS Australia to buy Primo Group in $1.45bn meat processing deal". Guardian Australia. 21 November 2014. Retrieved 11 April 2019.
  7. "Western Sydney Wanderers' Paul Lederer scores $15.5 million in Point Piper". Domain, The Sydney Morning Herald. 7 November 2017. Retrieved 11 April 2019.
  8. "Centuria and Lederer join forces to buy Adelaide office tower for $185 million". Commercial Real Estate. 23 May 2018. Retrieved 23 April 2019.
  9. "Hine's Global REIT Portfolio Sells For $626 million". CoreLogic. 11 October 2018. Retrieved 23 April 2019.
  10. Adno, Carly (29 May 2014). "FFA confirms the sale of Western Sydney Wanderers to a consortium for a reported $10m fee". The Daily Telegraph. Retrieved 12 June 2014.
  11. "Lederer, Fong appointed to leadership of A-League club rep body". The Sydney Morning Herald. 26 November 2018. Retrieved 4 April 2019.
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