Representing the 500 or so descendants of the former eastern Māori MP Wi Pere, the trust generates above-average returns from 7000 hectares of hill country and a relatively small 79ha horticulture unit.
Avanti is ranked second only to industry behemoth UDC in non-bank finance.
Hideaki Fukutake says having genuine impact on the long-term wellbeing of Aotearoa necessitates multigenerational thinking.
Fiercely private, the Boococks have a reputation as good employers who believe in a work-life balance and reward loyalty.
Braid’s succession planning includes Mainfreight employing his sons Jason, as GM for Mainfreight Americas, and Corey as national business development manager in Australia.
Property developer Mark Gunton reckons despite gloomy predictions for shopping malls, they’ve become de facto town halls for the communities they serve.
Perhaps with succession in mind, 58-year-old Peter Bishop inducted his son Charlie into the family business in 2021 as a director and 5% shareholder.
Based in Tauranga, Classic Builders is ranked sixth among New Zealand’s largest home builders.