Brett Blundy

Brett Blundy (born 1959/1960) is an Australian billionaire businessman. He is the chairman of BB Retail Capital, which owns companies such as Sanity Entertainment, Bras N Things, and Aventus Property Group.[3][4] He is part-owner of BridgeClimb Sydney, one of Australia's biggest tourist attractions.[5]

Brett Blundy
Born1959/1960 (age 58–59)[1]
ResidenceSingapore
CitizenshipAustralia
OccupationBusinessman
Net worthUS$1.3 billion (September 2018)[1]
TitleCEO and Founder, BB Retail Capital
Spouse(s)Vanessa Speer[2]
Children2

Career

BBRC was founded by Blundy in 1980[6] with the purchase of a single record store "Disco Duck",[7] now known as Sanity Entertainment Group.[8]

In 2005, he purchased Diva, a fashion jewellery store founded by Colette and Mark Hayman. Diva had close to 200 stores in Australia and New Zealand and 400 in international markets.[9]

In 2010, he launched Lovisa, a fast fashion jewellery brand.[10] Lovisa is now has over 270 stores worldwide.[11]

Early 2018 Bras n Things was sold to the US company Hanes (ex Pacific Brands).[12]

Personal life

He is married, with two children, and lives in Singapore.[1]

Blundy owns a 242-foot megayacht, Cloud 9.[13]

External links

References

  1. ^ a b c "Forbes profile: Brett Blundy". Forbes. Retrieved 28 September 2018.
  2. ^ "Brett Blundy's BridgeClimb too far for ASX float list". The Weekend Australian. 10 September 2015. Retrieved 17 March 2017.
  3. ^ "Billionaire Brett Blundy's retail recipe that made his executives millions". Financial Review. 26 October 2016. Retrieved 16 March 2017.
  4. ^ "Aventus Property Group — Specialist Fund and Asset Manager". Aventus Property. Retrieved 16 March 2017.
  5. ^ "BridgeClimb profits cheer Hungry Jack Cowin and Brett Blundy, but here's why Singo won't be smiling". Financial Review. 2013-11-12. Retrieved 2017-03-17.
  6. ^ "BBRC | About Us". www.bbrcworld.com. Retrieved 2017-03-17.
  7. ^ Tan, Gillian (2013-04-08). "Australian Millionaire Brett Blundy Moves to Singapore". WSJ. Retrieved 2017-03-17.
  8. ^ "Exclusive photos: Cloud 9 200-ft super yacht - LifestyleAsia Singapore". www.lifestyleasia.com. Retrieved 2017-03-17.
  9. ^ Keating, Eloise (2014-05-28). "What's happening at Diva? Confusion over future of Australian fashion accessories chain - SmartCompany". SmartCompany. Retrieved 2017-03-17.
  10. ^ "BBRC | Retail". www.bbrcworld.com. Retrieved 2017-03-17.
  11. ^ "Our Brand". www.lovisa.com.au. Retrieved 2017-03-17.
  12. ^ Carrie LaFrenz (9 February 2018). "Brett Blundy offloads Bras N Things to Hanes for $500m". The Australian Financial Review. Retrieved 29 September 2018.
  13. ^ "9 outrageous yachts appearing at the Monaco Yacht Show owned by some of the world's richest billionaires". businessinsider.com. Retrieved 28 September 2018.
Amungee Mungee

Amungee Mungee Station is a pastoral lease that operates as a cattle station in the Northern Territory.

Blundy

Blundy may refer to:

Anna Blundy (born 1970), British author and journalist

Brett Blundy (born 1959/1960), Australian billionaire businessman

David Blundy (1945–1989), British journalist and war correspondent

Jon Blundy FRS (born 1961), Professor of Petrology in the University of Bristol

Brett

Brett derives from a Middle English surname meaning "Briton" or "Breton", referring to the Celtic people of Britain and Brittany, France. Brette can be a feminine name.

Economy of Singapore

The economy of Singapore is a highly developed free-market economy. Singapore's economy has been ranked as the most open in the world, 7th least corrupt, most pro-business, with low tax rates (14.2% of Gross Domestic Product, GDP) and has the third highest per-capita GDP in the world in terms of Purchasing Power Parity (PPP). APEC is headquartered in Singapore.

Government-linked companies play a substantial role in Singapore's economy. Sovereign wealth fund Temasek Holdings holds majority stakes in several of the nation's largest companies, such as Singapore Airlines, SingTel, ST Engineering and MediaCorp. The Singaporean economy is a major Foreign Direct Investment (FDI) outflow financier in the world. Singapore has also benefited from the inward flow of FDI from global investors and institutions due to its highly attractive investment climate and a stable political environment.Exports, particularly in electronics, chemicals and services including Singapore's position as the regional hub for wealth management provide the main source of revenue for the economy, which allows it to purchase natural resources and raw goods which it lacks. Moreover, water is scarce in Singapore therefore it is defined as a precious resource along with the scarcity of land to be treated with land fill of Pulau Semakau. Singapore has limited arable land, meaning that Singapore has to rely on the agrotechnology park for agricultural production and consumption. Human resources is another vital issue for the health of the Singaporean economy. The economy of Singapore ranks 2nd overall in the Scientific American Biotechnology ranking in 2014, with the featuring of Biopolis.

Singapore could thus be said to rely on an extended concept of intermediary trade to entrepôt trade, by purchasing raw goods and refining them for re-export, such as in the wafer fabrication industry and oil refining. Singapore also has a strategic port which makes it more competitive than many of its neighbours in carrying out such entrepot activities. Singapore's trade to GDP ratio is among the highest in the world, averaging around 400% during 2008–11. The Port of Singapore is the second-busiest in the world by cargo tonnage.

To preserve its international standing and further its economic prosperity in the 21st century, Singapore has taken measures to promote innovation, encourage entrepreneurship and re-train its workforce. The Ministry of Manpower (Singapore) (MoM) is primarily responsible for setting, adjusting, and enforcing foreign worker immigration rules. There are approximately 243,000 Foreign Domestic Workers (FDWs) in Singapore.

EzyDVD

EzyDVD, founded in Adelaide, Australia in 1999 by Jim Zavos, is Australia's largest online specialist DVD retailer.

In January 2009, EzyDVD was purchased by the Franchise Entertainment Group (FEG) after the company entered voluntary receivership. In October 2010, Élan Media Partners acquired the rights to operate EzyDVD from the Franchise Entertainment Group.

List of Australians by net worth

A list of the richest people in Australia is compiled by both Forbes Asia magazine and by The Australian Financial Review. The lists assess the net worth of individuals and are published on an annual basis in February and May respectively.

Management buyout

A management buyout (MBO) is a form of acquisition where a company's existing managers acquire a large part or all of the company from either the parent company or from the private owners. Management and leveraged buyouts became phenomena of the 1980s. MBOs originated in the US and traversed the Atlantic, spreading first to the UK and throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France.

Sanity (music store)

Sanity is an Australian chain of music and entertainment stores and is the country's second largest retailer of recorded audio and video discs. It is privately owned by Ray Itaoui, and as of March 2015, Sanity comprises 155 outlets in every state and territory. The brand specialises in the sale of CDs, DVDs, Blu-rays and related merchandise and accessories, sold from its network of stores and website. The Sanity brand was owned and conceived by Brazin Limited from 1992, before being folded into BB Retail Capital in 2006, then became a company in its own right after it was divested to Itaoui in 2009.

Singapore

Singapore ( (listen)), officially the Republic of Singapore (Malay: Republik Singapura; Chinese: 新加坡共和国; Tamil: சிங்கப்பூர் குடியரசு), is an island city-state in Southeast Asia. It lies one degree (137 kilometres or 85 miles) north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south and Peninsular Malaysia to the north. Singapore's territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23% (130 square kilometres or 50 square miles). The country is known for its transition from a developing to a developed one in a single generation under the leadership of its founder Lee Kuan Yew.In 1819, Sir Stamford Raffles founded colonial Singapore as a trading post of the British East India Company. After the company's collapse in 1858, the islands were ceded to the British Raj as a crown colony. During the Second World War, Singapore was occupied by Japan. It gained independence from the British Empire in 1963 by joining Malaysia along with other former British territories (Sabah and Sarawak), but separated two years later over ideological differences, becoming a sovereign nation in 1965. After early years of turbulence and despite lacking natural resources and a hinterland, the nation developed rapidly as an Asian Tiger economy, based on external trade and its workforce.

Singapore is a global hub for education, entertainment, finance, healthcare, human capital, innovation, logistics, manufacturing, technology, tourism, trade, and transport. The city ranks highly in numerous international rankings, and has been recognised as the most "technology-ready" nation (WEF), top International-meetings city (UIA), city with "best investment potential" (BERI), world's smartest city, world's safest country, second-most competitive country, third least-corrupt country, third-largest foreign exchange market, third-largest financial centre, third-largest oil refining and trading centre, fifth-most innovative country, and the second-busiest container port. The Economist has ranked Singapore as the most expensive city to live in, since 2013. It is identified as a tax haven. Singapore is the only country in Asia with an AAA sovereign rating from all major rating agencies, and one of 11 worldwide. Globally, the Port of Singapore and Changi Airport have held the titles of leading "Maritime Capital" and "Best Airport" respectively for consecutive years, while Singapore Airlines is the 2018 "World's Best Airline".Singapore ranks 9th on the UN Human Development Index with the 3rd highest GDP per capita. It is placed highly in key social indicators: education, healthcare, life expectancy, quality of life, personal safety and housing. Although income inequality is high, 90% of homes are owner-occupied. According to the Democracy Index, the country is described as a "flawed democracy".

The city-state is home to 5.6 million residents, 39% of whom are foreign nationals, including permanent residents. There are four official languages: English, Malay, Mandarin Chinese, and Tamil; most Singaporeans are bilingual and English serves as the nation's lingua franca, while Malay is the national language. Its cultural diversity is reflected in its extensive ethnic cuisine and major festivals. Pew Research has found that Singapore has the highest religious diversity of any country. Multiracialism has been enshrined in its constitution since independence, and continues to shape national policies in education, housing, politics, among others.

Singapore is a unitary parliamentary republic with a Westminster system of unicameral parliamentary government. The People's Action Party has won every election since self-government began in 1959. As one of the five founding members of ASEAN, Singapore is the host of the Asia-Pacific Economic Cooperation (APEC) Secretariat and Pacific Economic Cooperation Council (PECC) Secretariat, as well as many international conferences and events. It is also a member of the East Asia Summit, Non-Aligned Movement and the Commonwealth of Nations.

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