PHILLIPS Wendell

PHILLIPS Wendell

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$110 Million

Since 2010, Willis Bond has committed more than $200m of capital into 16 development opportunities with an estimated end value of $1.56 billion, which theoretically means the 10% stake held by Phillips in the first two partnerships could be worth $156m on completion.

Managed by the McGuiness family, the Willis Bond partnerships have attracted other Rich Listers including Sam and Gareth Morgan and Brendan Lindsay, who founded Sistema and sold the business to US interests for $660m.

 

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