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.
Having progressively taken over the reins of the property empire founded by his 86-year-old father, Mark, Justin Wyborn represents the family interests in the $2b-plus Tramco property investment group.
Ross Green has served as trustee on charities including the Spirit of Adventure Trust and the Ranfurly Care Society, and remains a long-standing trustee of community-based Auckland Home and Family Trust.
Guy Haddleton says he and his late wife Sue were two Kiwis driven to be entrepreneurs and, in doing so, found themselves in the ‘land of technology’.
Succession is ‘something we think and worry about a lot, due to the history we’ve had with Dad not making proper succession plans,’ says John Green.
The ownership of James Kirkpatrick’s property empire has now been divided among his five children but his name and phone number are still the point of contact on the James Kirkpatrick Group website.
With his two sons now firmly at the helm of his New Zealand and UK LifeCare Residences business, 74-year-old retirement village pioneer Cliff Cook is free to pursue his hobby as an investor.
The Lindsays update their deed of wishes with long-time family trustees every year and the trustees will ensure succession in accordance with their wishes.
When it comes to succession, 84-year-old entrepreneur Alan Gibbs can rest assured that his daughter Debbi will continue to carry his libertarian torch as chair of the global Atlas Network.
With Peter’s children and family having now stepped into roles within the family businesses, the Masfens have already worked through many succession hurdles that businesses face.
