Shaun Bonétt

Shaun Bonétt
Born Shaun Keith Alfred Bonétt
(1971-01-01) 1 January 1971
London, England, UK
Nationality Australian/British/Maltese[1]
Education Saint Ignatius College
University of Adelaide[1]
Occupation Australian property developer, entrepreneur
Spouse(s) Vanessa Bonétt[2]
Parent(s)

Shaun Bonétt (born 1 January 1971) is an Australian entrepreneur,[1] and property developer who currently serves as the chief executive officer of Precision Group.[4][5]

Early life

Shaun Bonétt was born in London, England, to parents of Australian and Maltese descent,[1] Marlene and Anton Bonétt, the latter of whom was an oncologist for the World Health Organisation.[3] The family "migrated to Australia in the midst of the doctors' lockout back in 1978."[2] Bonétt, during the 1980s, worked as a law clerk in Adelaide, and in 1991, "Bonétt graduated from the University of Adelaide with degrees in Laws and Arts".[1][6] He previously studied at Saint Ignatius College.[1]

Career

Bonétt became a "qualified lawyer and Barrister and Solicitor of the High Court of Australia".[7] In 1994, the entrepreneur founded Precision Group, a "commercial property company".[7] As such, he was involved in the re-positioning of MacArthur Central,[8][9] and corroborating with the Bank of China to purchase the Chevron Renaissance Shopping Centre,[10] as well "a $90 million office tower in Brisbane".[11] Shaun Bonétt also negotiated the establishment of a Tiffany & Company outlet in Adelaide Central Plaza, along with three other international retailers,[12] including David Jones.[13] His wealth, as of 2015, is estimated by the BRW Rich List to be $478 million (113th rank),[14] a number that climbed from $220 million in 2006.[15]

Shaun Bonétt has actively supported Australia's free trade agreement with China, stating that it has a "favourable influence on the valuation and demand for Australian property".[16] Both Shaun and his wife Vanessa, established "the Heartfelt Foundation - which helps charities under stress."[2] In addition, Bonétt was invested into the Sovereign Military Order of Malta in 2010.[17][18]

References

  1. 1 2 3 4 5 6 Gibson, Story Candy. "$220 million reasons to smile". The University of Adelaide Magazine. Retrieved 23 January 2016. Shaun Bonétt graduated from the University of Adelaide with degrees in Laws and Arts in 1991...The London-born, Australian/Maltese businessman credits much of his success to his mother, who proved an "amazing inspiration" and taught Shaun to believe he could achieve anything he wanted in life. It's a philosophy he has embraced since childhood, from his education at St Ignatius College and the University of Adelaide, to his legal career and subsequent journey along the commercial property market road... Mr Bonétt worked as a part-time law clerk in Adelaide in the late 1980s while completing his degrees, giving him an insight into the boom-and-bust era... The entrepreneur, who is married with a young family, has just completed his five-year business plan.
  2. 1 2 3 Grech, Herman (28 September 2007). "Maltese property developer tops Australia's young rich-list". Times of Malta. Retrieved 24 January 2016.
  3. 1 2 "Department of Information". Department of Information - Malta. 25 September 2009. Retrieved 24 January 2016. Mr Shaun Bonett is the son of the late Dr Anton and Mrs Marlene Bonett. Dr Anton Bonett was a cancer specialist who came to Australia with the World Health Organisation in the late 1970s.
  4. ↑ "New kid on the very rich block". The Sydney Morning Herald. 26 September 2007. Retrieved 23 January 2016. A 36-year-old Sydney property developer has surged to the top of the BRW Young Rich list after amassing a fortune of about $300 million. Shaun Bonett, founder and chief executive of the commercial property developer Precision Group, replaced childcare king Eddy Groves in the number one spot.
  5. ↑ "Shaun Bonett". Business Review Weekly. 22 May 2013. Retrieved 23 January 2016. Property investor and former lawyer Shaun Bonett is positive about the coming year.
  6. ↑ Carter, Bridget (25 September 2008). "Shopping centre magnate Shaun Bonett took risks early on". The Australian. Retrieved 23 January 2016. While many university students were probably partying their way through law school in the 1980s, Shaun Bonett was intensely saving the money he earned from working part-time as a clerk in Adelaide to buy his first piece of property.
  7. 1 2 "Shaun Bonett: Executive Profile & Biography". Bloomberg Businessweek. Retrieved 23 January 2016. Mr. Shaun Bonett founded Precision Group in 1994 and serves as its Chief Executive Officer. Mr. Bonett has been an Independent and Non-Executive Director of iSelect Ltd. since May 1, 2003. Mr. Bonett is also a member of the Australian Institute of Company Directors and Young President' Organisation. Mr. Bonett is a qualified lawyer and Barrister and Solicitor of the High Court of Australia and previously held various corporate advisory roles.
  8. ↑ "Precision swaps offices for shops". The Australian Financial Review. 25 May 2006. Archived from the original on 11 November 2014. Retrieved 23 January 2016. Precision Group founder Shaun Bonett is already planning how to reposition Brisbane's MacArthur Central Shopping Centre, which he acquired yesterday for $119.5 million.
  9. ↑ "Shaun Bonett". BRW. 26 May 2011. Retrieved 24 January 2016. Shaun Bonett is the founder and chief executive of commercial property company, The Precision Group. Bonett, a commercial property lawyer by training, started the company in 1994.
  10. ↑ Cranston, Matthew (27 February 2015). "Bank of China backs Gold Coast centre: Apple a likely tenant". The Australian Financial Review. Archived from the original on 29 September 2015. Retrieved 23 January 2016. The Bank of China has backed the $75 million purchase of a Gold Coast shopping centre by Shaun Bonett's Precision Group. As foreshadowed by AFR.com late last year, Precision Group has acquired the Chevron Renaissance shopping centre from Morgan Stanley's Arena Investment Management...Mr Bonett established a relationship with the Bank of China over five years ago after Mr Bonett secured one of the Bank's biggest clients, global technology giant Apple, as a tenant for his retail development MacArthur Central in Brisbane for at least 15 years.
  11. ↑ "Get the FIRB out of here, says Precision boss". The Australian Financial Review. 25 October 2012. Retrieved 23 January 2016. Precision Group chief executive Shaun Bonett has just refinanced a $90 million office tower in Brisbane with the Bank of China.
  12. ↑ Tauriello, Giuseppe (26 August 2013). "Louis Vuitton, Chanel and Topshop in talks to open Adelaide stores". The Advertiser. Retrieved 23 January 2016. Retail property tycoon Shaun Bonett spent three years convincing Tiffany to move into his Adelaide Central Plaza centre and confirmed he was in talks with the three international retailers about establishing stores alongside the New York icon.
  13. ↑ "Revamp for SA plaza". Inside Retail. 17 October 2013. Retrieved 23 January 2016. The Precision Group’s MD and owner Shaun Bonett said, “Our objective with the upgrade of Adelaide Central Plaza is to create a world class shopping destination for the people of Adelaide with international brands such as Tiffany & Co opening in the centre and department store David Jones undertaking an extensive refurbishment that will bring to the centre many new national and international brands.”
  14. ↑ "BRW Rich 200 List 2015". Fairfax Media Publications Pty Ltd. 2015. Retrieved 24 January 2016.
  15. ↑ "Wealth: simple as ABC". The Sydney Morning Herald. 13 September 2006. Retrieved 24 January 2016. The chief executive of ABC Learning Centres is now Australia's richest person aged 40 years and under, the latest annual BRW Young Rich list shows...Property developer Shaun Bonett debuted on the list at No. 3, with $220 million.
  16. ↑ Cranston, Matthew (2 September 2015). "Rich Lister Shaun Bonett says China free trade will underpin property values". The Australian Financial Review. Retrieved 23 January 2016. One of Australia's wealthiest young property developers, Shaun Bonett, is pleading with political interests to support the country's free trade agreement with China saying such foreign investment could be essential for underpinning property values. Mr Bonett, whose wealth is estimated at $478 million by the BRW Rich List, has office buildings and shopping centres across Australia and has been funding some property purchases with finance from the the fifth largest bank in the world, the Bank of China. "Our free trade agreement with China is essential in ensuring that China's relationship with Australia remains a long-term focus, which should continue to have a favourable influence on the valuation and demand for Australian property," Mr Bonett told The Australian Financial Review.
  17. ↑ "Australia needs to have even greater co-operation with China to meet its Infrastructure Challenge". People's Daily. 23 December 2015. Retrieved 24 January 2016. Mr Bonétt was awarded the Knight of the Sovereign Military Order of Malta on 14 April 2010 and is a Fellow of the Australian Institute of Company Directors.
  18. ↑ "How to overcome our biggest hurdle to growth". Business Spectator. 18 December 2015. Retrieved 24 January 2016. Shaun Bonétt is the CEO and Managing Director of the Precision Group of Companies. Mr Bonétt was awarded the Knight of the Sovereign Military Order of Malta on 14 April 2010 and is a Fellow of the Australian Institute of Company Directors.

External links

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