In the lead-up to the 40th edition of the Rich List in June, NBR is opening the archives to reproduce some of the best content from the past four decades.
The past 12 months have been relatively quiet for the low-profile Ingers, with no new developments coming out of their various horticultural or property-based interests.
Gibbons’ Five Mile Villas, in the Queenstown suburb of Frankton, had the first of its titles issued in early 2025, with about 100 properties to be kept as long-term rentals.
Movac co-founder Abbott and his partner Gillian Newland continued their long-standing philanthropic activities in 2024 by donating almost $2m to a variety of causes.
In December 2024, a High Court ruling revealed a squabble over Fonterra milk payments as receivers and investors wanted recoveries from the failed Waitonui Milltrust dairy group, which leased cows from Kight’s StockCo.
Arguably the most notable headline from the past year for the family was the sale of three industrial businesses within the Perry Group to NZX-listed steel company Steel & Tube for $43.5m.
The Giesen Group shifted the way it operates in the past year, partnering with local alcohol distributor instead of continuing to self-distribute its alcohol and alcohol-free brands.
In 2024 there was a release of 48 juvenile tuatara into a newly built one-hectare mouse-proof enclosure at Cape Sanctuary, Andy and Liz Lowe’s privately owned mainland conservation project.
Last December, two of Guthrie’s Mainland free-range farms in north Otago were hit by an outbreak of bird flu, meaning all of its laying hens had to be culled.
In many ways, Shuttlerock is reflective of the paradigm shift that’s taken place in media.
