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John Young

British-born Australian accountant and businessman

John Carlton Young is a British-born Australian accountant and businessman, who established the Great Southern Group, an agribusiness managed investment scheme (MIS) group of companies. Great Southern Group was listed on the Australian Stock Exchange in 1999, and went into administration in 2009.2

From Wikipedia’s article on John Young (this version), CC BY-SA 4.0.

Born 1948.1

About

In 2006, Young was listed in the Business Review Weekly (BRW) 'Rich List' with an estimated worth of A$184 million; however much of that fortune was in shares in his company, which by 2009 were almost valueless.

From Wikipedia’s article on John Young, shared under CC BY-SA 4.0.2

Companies

Career

Occupation: businessperson.4

Personal life

  • CitizenshipAustralia5

John Young was born around 1948, and came to Australia in the early 1970s as a Ten Pound Pom. He is married to wife Sheila, and has two sons John Jnr and Aaron. In 2009 he lived in a large property in wealthy beachside Perth suburb, City Beach. Young was an accountant and property manager; he was reported to have sold a "lucrative stake" in his accounting firm just prior to the 1987 stock market crash, using the funds to establish Great Southern. Great Southern has since been his principal business interest, Young not being a director of any other listed company, however he has had other shareholdings, including in a Perth property firm, West Star Trust.

Young avoids publicity: a photograph taken for a news story in 2006 was 'the first time in years Young...agreed to pose for the media'.

From Wikipedia’s article on John Young (this version), CC BY-SA 4.0.

Sources

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