Brett Blundy
Brett Blundy | |
|---|---|
| Born | 1959/1960 Victoria, Australia |
| Occupation(s) | Entrepreneur, Businessman |
| Years active | Since 1979 |
| Known for | Founder and former chairman of BB Retail Capital |
| Notable work | Sanity Entertainment, Bras N Things, Aventus Property Group, Lovisa |
Brett Blundy (born 1959/1960) is an Australian billionaire entrepreneur, recognized as the founder and former chairman of BB Retail Capital, the parent company behind brands such as Sanity Entertainment, Bras N Things, and Aventus Property Group.[1][2] Additionally, he holds a partial ownership stake in BridgeClimb Sydney, a prominent tourist destination in Australia.Cite error: The opening <ref> tag is malformed or has a bad name
Career
Originally aspiring to become a pilot, Blundy altered his career path following his secondary education. At the age of 20, he and a companion purchased a record shop named "Disco Duck" located in ; however, the business did not succeed, leading them to seek regular employment.[3] Subsequently, he founded BB Retail Capital, which later evolved into Sanity Entertainment Group.Cite error: The opening <ref> tag is malformed or has a bad name
In 2005, Blundy expanded his portfolio by acquiring Diva, a fashion jewellery retailer with close to 200 outlets across Australia and New Zealand and an international presence of 400 stores.Cite error: The opening <ref> tag is malformed or has a bad name He introduced the fast-fashion jewellery brand Lovisa in 2010, which by 2023 had grown to operate 801 locations in 39 countries worldwide.[4] In 2015, he ventured into cattle farming as part of his diversification strategy.Cite error: The opening <ref> tag is malformed or has a bad name Early in 2018, Bras N Things was sold to the American corporation Hanesbrands for $500 million.Cite error: The opening <ref> tag is malformed or has a bad name As of June 2024, Blundy owned roughly 11% of City Chic CollectiveCite error: The opening <ref> tag is malformed or has a bad name and about 13% of Victoria's Secret.Cite error: The opening <ref> tag is malformed or has a bad name
Personal life
Raised on a rural farm in Victoria, Blundy and his siblings once sold mushrooms from a roadside stand.
He is married with two children and currently lives in Monaco. His previous residences include Sydney, Singapore, and the Bahamas.
Blundy was formerly the owner of a 242-foot megayacht named Cloud 9.
Net worth
| Year | Financial Review Rich List |
Forbes Australia's 50 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | Net worth (US$) | |
| 2017 | $1.39 billion | 42 Decrease | $645 million Decrease | |
| 2018 | 41 Template:Gain | $1.71 billion Template:Gain | 33 Template:Gain | |
| 2019 | 39 Template:Gain | $2.00 billion Template:Gain | 29 Template:Gain | $1.44 billion Template:Gain |
| 2020 | 37 Template:Gain | $2.20 billion Template:Gain | ||
| 2021 | 39 Decrease | $2.65 billion Increase | ||
| 2022 | 32 Increase | $3.30 billion Increase | ||
| 2023 | 36 Decrease | $3.33 billion Template:Up | ||
| 2024 | 34 Decrease | $3.60 billion Template:Up | ||
| 2025 | 38 Decrease | $3.95 billion Template:Up | 28 | $2.10 billion |
| Description | |
|---|---|
| Has not changed from the previous year | |
| Has increased from the previous year | |
| Has decreased from the previous year | |
External links
- ↑ Cite error: Invalid
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