🏆 Former David Jones boss Mark McInnes sell Toorak mansion for ~$18m.

(VIC Toorak | 5 bed | 4 bath | 8 car)

How’d they get rich? McInnes made his money as one of the most successful retail execs — serving as the CEO of Solomon Lew’s Premier Investments and before that as the CEO of David Jones.

What else?

• McInnes hit the headlines back in 2010 over allegations of sexual misconduct while he was the CEO of DJ’s.

• McInnes was rumoured to have been a top pick to take the CEO role at Myer after he quit Premier Investments but instead joined billionaire Brett Blundy’s investment firm.

View the listing here.

🏆 Former racing driver sells Sanctuary Cove mansion for a record $19.7m

(QLD Sanctuary Cove | 5 bed | 11 bath | 20 car)

How’d they get rich? Tony Quinn was a former racing car driver who started V.I.P. Petfoods which he later sold to Quadrant private equity for $410m in 2015.

What else?

• Tony repeated his success after buying chocolate company Darrell Lea out of administration and selling it to Quadrant (again!) for $200m.

• Tony also runs a foundation supporting young Kiwi racing drivers with F1 hopeful Liam Lawson the first driver to benefit.

View the listing here.

🏆 Film animator buys $12m blacked-out pad in Byron

(NSW Byron Bay | 5 bed | 5 bath | 6 car)

How’d they get rich? Zareh Nalbandian made bank in 2022 after he sold his animation studio to Netflix for $700m+.

What else?

• Their animation studio, Animal Logic, was behind hits like The Matrix, Happy Feet and the Lego movie.

• According to the AFR, Nalbandian bought out his cofounder, Chris Godfrey, back in 2011 for presumably a far lower valuation.

View the listing here.

🏆 PE boss sells Mosman house for $15m after never living in it

(NSW Mosman | 4 bed | 4 bath | 2 car)

How’d they get rich? Andrew Gray’s been a long-time PE bossman having been a partner at Archer Capital for years — before eventually founding the tech-focused PE shop Potentia Capital.

What else?

• The Gray’s apparently never lived in the property and lost about $1-2m on the sale having paid $17m for it just a year earlier.

• The house was sold to a former Masterchef contestant, Jimmy Seervai, who has a vitamin gummies business that’s grown to 150+ employees.

View the listing here.

🏆 Guy from the “Hellooooo“ tiles ad lists 3-home Toorak compound for $10.5m+

(VIC South Yarra | 6 bed | 6 bath | 4 car)

How’d they get rich? Probably one of the most-played ads on the radio, Frank Walker has grown National Tiles to be the largest family-owned tiles business in Australia.

What else?

• National Tiles reportedly does $150m+ in sales across 38 stores.

• Frank Walker seems to be a prolific Toorak property mogul having also pocketed $23m from another Toorak property in 2023.

View the listing here.