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.
‘It’s nice to be friendly with the Prime Minister,’ Brendan Lindsay says.
Graeme Hart and wife Robyn’s philanthropic activities are focused on education and children’s health, including Starship Hospital, Children of Fiji, and children of Pine Ridge Indian reservation in South Dakota.
WATCH: Brendan Lindsay talks to NBR about a pleasing election result – and a busy year in business, charity, and the racetrack.
The NBR List 2024: Morgan is on a mission to convert wealthy people to philanthropy, having deployed $162m to date to social entrepreneurs.
ANALYSIS: The world is gearing up for what has been dubbed the ‘great wealth transfer’, expected to see at least US$90 trillion of assets move from baby boomers to the next generation.
The Mowbrays are big charitable givers. Starship, Unicef, the Salvation Army, Kids Can, Foodbank, and other causes in China are among many that receive funds.
The horse training facilities in Takanini and Papakura have laid the foundation for the Wallace family’s current and future wealth.
Also featuring prominently on the Spencer family tree are Berridge and Mertsi’s three cousins, Chris, Michael, and Howard (the sons of John’s late brother Peter).
Selling top-quality New Zealand produce in China appears to have paid off handsomely.
