Justin Hemmes

Justin Hemmes (born 27 August 1972[1]) is an Australian businessman and principal of the Merivale Group that owns approximately 70 pubs, hotels, restaurants and other venues in the Sydney area.[3]

Justin Hemmes
Born (1972-08-27) 27 August 1972[1]
Sydney, New South Wales
NationalityAustralian
OccupationBusinessman; entrepreneur
Net worth A$1.00 billion (AFR 2020)[2]
Partner(s)
  • Carla McKinnon (2012-2015)
  • Kate Fowler (2015-2018)
ChildrenTwo
Parents
  • John Hemmes (father)
  • Merivale Hemmes (mother)

Biography

Hemmes is the son of John Hemmes (1931-2015)[4] and Merivale Hemmes.[5]

In 1988, aged 14 years, Hemmes pitched the concept of Establishment, with its boutique hotel, bars, restaurant and nightclub, to his parents. They bought the George Street site for A$9 million. In 2019, the property was reportedly worth much more than that; with plans to redevelop adjacent buildings as part of a A$1.5 billion redevelopment including a hotel and offices, as well as hospitality offerings.[4] Aged 20, Hemmes commenced running the Angel Hotel on Pitt Street.[6] In 2015, Merivale[3] bought the Newport Arms Hotel for approximately A$50 million.[7]

Personal life

From 2012 to 2015, Hemmes was in a relationship with Carla McKinnon, a yoga teacher.[7][8] From 2015 to 2018, he was in a relationship with Kate Fowler, and they had two daughters together.[8]

Hemmes is often portrayed in the media with a playboy lifestyle reputation.[1][4][9]

Net worth

Hemmes and family debuted on the Financial Review 2018 Rich List with an estimated net worth of A$951 million;[10] that increased to A$1.06 billion, in the 2019 Rich List.[11]

Year Financial Review
Rich List		 Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2018[10] 78 $951 million
2019[11] 88 $1.06 billion
2020[2] 101 $1.00 billion
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

See also

References
  1. Manly, Lucy (30 August 2020). "Merivale playboy Justin Hemmes puts on a model 48th birthday bash". The Sydney Morning Herald. Retrieved 21 November 2020.
  2. Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  3. Molloy, Shannon (14 March 2020). "From notorious Sydney playboy to billion-dollar businessman: Justin Hemmes' life of luxe". The Chronicle. Toowoomba. Retrieved 21 November 2020.
  4. Fuary-Wagner, Ingrid (29 May 2019). "New billionaire Justin Hemmes' empire of escapism". The Australian Financial Review. Retrieved 2 October 2019.
  5. Spicer, David (9 February 2018). "Hemmes' son awarded $1.75m from estate of father he never met". ABC News. Australia. Retrieved 25 April 2019.
  6. Hunkin, Joanna (November 2019). "How Justin Hemmes became Sydney's party king". Gourmet Traveller. Retrieved 21 November 2020.
  7. "How Justin Hemmes built his bar empire". Daily Telegraph. 21 March 2015. Retrieved 25 April 2019.
  8. "Multimillionaire pub baron Justin Hemmes, 45, splits with partner of three years and mother of his two children Kate Fowler, 28". www.msn.com. Retrieved 25 April 2019.
  9. Croffey, Amy (4 November 2018). "The Goss: Is 'Sydney's ultimate playboy' Justin Hemmes back?". The Sydney Morning Herald. Retrieved 2 October 2019.
  10. "2018 AFR Rich List: Justin Hemmes debuts with $951m hotel empire". The Australian Financial Review. 23 May 2018. Retrieved 25 April 2019.
  11. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.


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