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Graeme Hart is a businessman from New Zealand who has an estimated net worth of $7.61 billion as of May 2019.
He eventually became the richest person in New Zealand as he continues to build his packaging empire. His company, Rank Group, bought America's Pactiv which is the maker of Hefty garbage bags for around $4.4 billion in 2010. His past acquisitions have included the Australasian forest products group Carter Holt Harvey, Swiss packager SIG, Alcoa's former packaging unit, Reynolds Consumer Products, and Closure Systems International.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2018 |
Earning Turned Donation |
Donation to the University of Otago that will go towards the opening of their dental teaching facility in South Auckland |
$10,000,000 |
2018 |
Sale of Asset |
Sale of Graeme Hart's 107-meter yacht called Ulysses to Russian billionaire Yuri Milner who is the founder of Digital Sky Technologies |
$195,000,000 |
2018 |
Asset |
Purchase value of Graeme Hart's 380-foot yacht called Ulysses |
$250,000,000 |
2018 |
Sale of Asset |
Sale of Graeme Hart's similar-sized pulp and paper arm to Oji Holdings and the Innovation Network Corporation of Japan |
$750,000,000 |
2017 |
Asset |
Purchase value of Graeme Hart's massive six-bedroom home at the exclusive Closeburn Station in New Zealand |
$24,000,000 |
2014 |
Sale of Asset |
Sale of Graeme Hart's Swiss-based beverage carton maker called SIG Combibloc business (SIG), which is reported as its SIG segment, to Onex Corporation |
$5,000,000,000 |
2014 |
Sale of Asset |
Sale of the packaging side of CHH which is a Pulp, Paper & Packaging business to a Japanese consortium |
$710,000,000 |
2011 |
Asset |
Purchase value of the autoparts maker UCI International |
$980,000,000 |
2011 |
Asset |
Purchase value of Graeme Hart's automotive consumer business called Honeywell International (the FRAM group) |
$950,000,000 |
2011 |
Asset |
Purchase value of Graeme Hart's outstanding stock in Graham Packaging Company, Inc. that has headquarters in York, Pennsylvania |
$4,500,000,000 |
2010 |
Asset |
Purchase value of the company Pactiv which is the maker of hefty trash bags |
$5,950,000,000 |
2008 |
Asset |
Purchase value of Graeme Hart's equities in Alcoa's Packaging & Consumer group |
$2,700,000,000 |
2007 |
Sale of Asset |
Sale of Burns Philp and Company Limited's 20% stake in Goodman Fielder |
$459,730,000 |
2007 |
Asset |
Purchase value of the US paper packaging company Blue Ridge Paper Products of North Carolina which Graeme Hart intends to merge with Evergreen Packaging of Arkansas |
$450,000,000 |
2007 |
Asset |
Purchase value of the Swiss packaging company SIG |
$2,180,000,000 |
2006 |
Sale of Asset |
Sale of CHH's head office property, various sawmills and packaging plants including CHH's forests to US-based Hancock Timber Group |
$1,560,000,000 |
2006 |
Asset |
Purchase value of Graeme Hart's New Zealand timber and paper business called Carter Holt Harvey (CHH) |
$2,240,000,000 |
2006 |
Asset |
Purchase value of Graeme Hart's International Paper's drinks packaging business Evergreen Packaging |
$493,200,000 |
2004 |
Asset |
Current value of the assets in Rank Group Ltd. which is Graeme Hart's private investment company after selling the assets of Burns Philp and floating Goodman Fielder |
$2,040,000,000 |
2002 |
Asset |
Graeme Hart's takeover of the Australian foodmaker Goodman Fielder |
$2,000,000,000 |
1997 |
Asset |
Purchase value of Graeme Hart's 20-percent stake in Australian spice and yeast maker Burns Philip |
$290,000,000 |
1989 |
Asset |
Purchase value of New Zealand's government printing office and largest bookseller, Whitcoulls |
$54,000,000 |