Brett Blundy
Australian billionaire businessman
From Wikipedia, the free encyclopedia
Brett Blundy (born 1959/1960) is an Australian billionaire businessman. He is the founder and former 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]
Career
Blundy aspired to be a pilot; however, he failed to obtain the necessary results during high school. Aged 20 years,[6] Blundy, together with a friend, bought a record store in Pakenham, called "Disco Duck".[7] The business failed, and they had to take on day jobs to support ithe business venture.[8] Blundy went on to form BB Retail Capital (BBRC), now known as Sanity Entertainment Group.[9]
In 2005, Blundy 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.[10] In 2010, he launched Lovisa, a fast fashion jewellery brand.[11] As of July 2023[update], Lovisa had 801 stores across 39 countries.[12] In 2015 Blundy expanded his business operations into cattle farming.[13] In early 2018, Bras N Things was sold to the US company Hanesbrands.[14] As of June 2024[update], Blundy owned around 11 per cent of City Chic Collective[15] and also owned around 13 per cent of Victoria's Secret.[16]
Personal life
Blundy grew up on a farm in rural Victoria, where he and his four siblings would pick mushrooms to sell from a roadside stall.[8]
Blundy is married with two children,[1] and lives in Monaco.[17] Blundy has previously lived in Sydney, Singapore and the Bahamas.[18]
Blundy previously owned a 74-metre (242 ft) megayacht, Cloud 9.[19][18]
Net worth
| Year | Financial Review Rich List |
Forbes Australia's 50 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | Net worth (US$) | |
| 2017[20][21][22] | $1.39 billion | 42  |
$645 million | |
| 2018[23] | 41  |
$1.71 billion |
33 |
|
| 2019[24][25] | 39 |
$2.00 billion |
29 |
$1.44 billion |
| 2020[26] | 37 |
$2.20 billion |
||
| 2021[27] | 39 |
$2.65 billion |
||
| 2022[28] | 32 |
$3.30 billion |
||
| 2023[29] | 36 |
$3.33 billion |
||
| 2024[30] | 34 |
$3.60 billion |
||
| 2025[31][8] | 38 |
$3.95 billion |
28 | $2.10 billion |
| Legend | |
|---|---|
| Icon | Description |
 |
Has not changed from the previous year |
|
Has increased from the previous year |
|
Has decreased from the previous year |