Justin Hemmes

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Justin Hemmes
Born (1972-08-27) 27 August 1972 (age 49)[1]
NationalityAustralian
OccupationBusinessman; entrepreneur
Partner(s)
  • Carla McKinnon (2012-2015)
  • Kate Fowler (2015-2018)
ChildrenTwo
Parents
  • John Hemmes (father)
  • Merivale Hemmes (mother)

Justin Hemmes (born 27 August 1972[1]) is an Australian businessman, heir to the House of Merivale family fortune and principal of the Merivale Group that owns approximately 70 pubs, hotels, restaurants and other venues in the Sydney area.[3]

Biography[]

Hemmes is the son of John Hemmes (1931-2015)[4] and Merivale Hemmes.[5]

In 1988, aged 14 years, Hemmes pitched the concept of Establishment, with its boutique hotel, bars, restaurant and nightclub, to his parents.[citation needed] They bought the George Street site for A$9 million. In 2019, the property was reportedly worth much more than that; with plans to redevelop adjacent buildings as part of a A$1.5 billion redevelopment including a hotel and offices, as well as hospitality offerings.[4] Aged 20, Hemmes commenced running the Angel Hotel on Pitt Street.[6] In 2015, Merivale[3] bought the Newport Arms Hotel for approximately A$50 million.[7]

Personal life[]

From 2012 to 2015, Hemmes was in a relationship with Carla McKinnon, a yoga teacher.[7][8] From 2015 to 2018, he was in a relationship with Kate Fowler, and they had two daughters together.[8]

Hemmes is often portrayed in the media with a playboy lifestyle reputation.[1][4][9]

Net worth[]

Hemmes and family debuted on the Financial Review 2018 Rich List with an estimated net worth of A$951 million;[10] that increased to A$1.06 billion, in the 2019 Rich List.[11]

Year Financial Review
Rich List
Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2018[10] 78 Increase $951 million Increase
2019[11] 88 Decrease $1.06 billion Increase
2020[12] 101 Decrease $1.00 billion Decrease
2021[2] 97 Increase $1.21 billion Increase
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

See also[]

References[]

  1. ^ Jump up to: a b c Manly, Lucy (30 August 2020). "Merivale playboy Justin Hemmes puts on a model 48th birthday bash". The Sydney Morning Herald. Retrieved 21 November 2020.
  2. ^ Jump up to: a b Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  3. ^ Jump up to: a b Molloy, Shannon (14 March 2020). "From notorious Sydney playboy to billion-dollar businessman: Justin Hemmes' life of luxe". The Chronicle. Toowoomba. Retrieved 21 November 2020.
  4. ^ Jump up to: a b c Fuary-Wagner, Ingrid (29 May 2019). "New billionaire Justin Hemmes' empire of escapism". The Australian Financial Review. Retrieved 2 October 2019.
  5. ^ Spicer, David (9 February 2018). "Hemmes' son awarded $1.75m from estate of father he never met". ABC News. Australia. Retrieved 25 April 2019.
  6. ^ Hunkin, Joanna (November 2019). "How Justin Hemmes became Sydney's party king". Gourmet Traveller. Retrieved 21 November 2020.
  7. ^ Jump up to: a b "How Justin Hemmes built his bar empire". Daily Telegraph. 21 March 2015. Retrieved 25 April 2019.
  8. ^ Jump up to: a b "Multimillionaire pub baron Justin Hemmes, 45, splits with partner of three years and mother of his two children Kate Fowler, 28". www.msn.com. Retrieved 25 April 2019.
  9. ^ Croffey, Amy (4 November 2018). "The Goss: Is 'Sydney's ultimate playboy' Justin Hemmes back?". The Sydney Morning Herald. Retrieved 2 October 2019.
  10. ^ Jump up to: a b "2018 AFR Rich List: Justin Hemmes debuts with $951m hotel empire". The Australian Financial Review. 23 May 2018. Retrieved 25 April 2019.
  11. ^ Jump up to: a b Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  12. ^ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.


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