The Liberman family is an Australian business family primarily based in Melbourne, Victoria.[1][2][3][4]
They are known for their high net worth and business interests, and are associated with property development. The initial wealth of the family was built through commercial property developments under the late patriarch Jack Liberman.[5] They continue to be involved in property financing.[6]
The Liberman family are notoriously private.[7][8]
Description[edit]
Jack and his brother Chaim were Jewish migrants to Australia, having arrived after World War II.[5] When Jack passed away in 1997 he left behind a fortune; including a retail chain, forklift business, and hosiery manufacturer. Afterwards, the next patriarch of the family Boris Liberman diversified the family assets with investments in various biotech and pharmaceutical firms, as well as equities on the Tel Aviv Stock Exchange.
Their business includes real-estate financing through a firm backed by the family named Monark Property Partners.[9]
In 2013, they were noted by the Sydney Morning Herald as among the top five wealthiest families in Australia.[10] In 2017 they purchased the Beach Hotel in Byron Bay, and were involved in developing the Sydney Four Points by Sheraton.[11][12]
In 2021, it was reported that the family had a public falling out with another major Australian dynasty, the Grollo family.[13]
Noteworthy members[edit]
Some of the more noteworthy members of the family include:
- Jack Liberman - deceased, founding patriarch
- Boris Liberman - patriarch following Jack's death
- Justin Liberman - head of the Jagen family investment firm.[14]
- Berry Liberman - granddaughter of Jack, fund manager at an impact investment firm[15]
- Josh Liberman - manager of a family office associated with the Libermans[16]
See also[edit]
References[edit]
- ^ "Liberman-backed Impact to sell 54 Wellington project in Collingwood". Australian Financial Review. 2022-09-28. Retrieved 2023-07-18.
- ^ Danckert, Sarah (2020-10-13). "'Being nice' not key to Liberman family's ethical investment fund case, court hears". The Sydney Morning Herald. Retrieved 2023-07-18.
- ^ "Rich-listers embrace climate shift". The Australian.
- ^ Danckert, Sarah (2020-10-09). "'Dishonest and unfair': Liberman family ethical fund in property row". The Sydney Morning Herald. Retrieved 2023-07-18.
- ^ a b "BRW Rich Families list 2014: 2. Liberman family". Australian Financial Review. 21 August 2014. Archived from the original on 12 June 2018.
The Melbourne-based Liberman family first rose to prominence with successful commercial property investments under the late family patriarch Jack Liberman. Like other affluent Jewish immigrants, including BRW Rich Lister Frank Lowy, Jack and his brother Chaim Liberman arrived in Australia following World War II.
- ^ "Qualitas provides $250m non-bank loan for West Melbourne apartments". Australian Financial Review. 2019-03-26. Retrieved 2023-07-18.
- ^ Robin, Myriam (31 May 2018). "Julia Gillard, the Liberman family, and the developers who could bankrupt the CFMEU". Australian Financial Review.
The Liberman family, which made its wealth in commercial property investments under the late family patriarch Jack Liberman, is notoriously private.
- ^ "The Liberman legacy". Australian Financial Review. 2002-05-23. Retrieved 2023-07-18.
- ^ "Liberman family backed Monark to invest in zero carbon housing estate". Australian Financial Review. 2022-08-01. Retrieved 2023-07-18.
- ^ Heathcote, Andrew (2013-07-24). "Family fortunes holding firm". The Sydney Morning Herald. Retrieved 2023-07-18.
But while the wealth might be spread more widely, Australia's richest families have remained adept at hanging onto their money. The other members of this year's top five are the Besen, Liberman, Myer and Wilson families, all of which are long-time fixtures on the Rich Families list.
- ^ "Liberman's Impact snaps up Byron Bay Beach Hotel for $70m". Australian Financial Review. 2017-09-18. Retrieved 2023-07-18.
- ^ Cummins, Carolyn (2017-07-27). "Jerry Schwartz buys into the Liberman's Four Points Sheraton". The Sydney Morning Herald. Retrieved 2023-07-18.
- ^ Waters, Cara (2021-03-14). "'It was difficult for us': Libermans move on after Grollo stoush". The Sydney Morning Herald. Retrieved 2023-07-18.
- ^ "BRW Rich Families list 2014: 2. Liberman family". Archived from the original on 12 June 2018.
- ^ "A family office making an impact - with some serious connections". Family Capital. 2017-06-21. Retrieved 2023-07-18.
- ^ "FB Roundup: Josh Liberman backs VC fund, Rockefeller Capital Management's new chairman, UBS Global Family Office shakeup | Campden FB". www.campdenfb.com. Retrieved 2023-07-18.