Naomi Milgrom Explained

Naomi Milgrom
Birth Name:Naomi Besen
Birth Date:[1]
Birth Place:Melbourne, Victoria, Australia
Father:Marc Besen
Mother:Eva Besen
Known For:Sportsgirl, Sussan and Suzanne Grae

Naomi Milgrom (; born 1952[2]) is an Australian billionaire businesswoman, philanthropist [3] [4] [5] and cultural leader[6] . Her private company ARJ Group Holdings owns women's clothing retailers Sportsgirl, Sussan and Suzanne Grae.[7]

Early life and education

Milgrom was born in Melbourne, one of four children born to art collectors and retailing magnates Marc and Eva Besen. Her maternal grandmother Fay Gandel, a Polish seamstress opened a small lingerie store in 1939[8] . Her father, a Jewish refugee from Romania, arrived in Australia in 1947 at the age of 23.[9] She is the niece of billionaire property developer John Gandel.[10]

Milgrom grew up in the Melbourne suburb of St Kilda.[9] She attended Mount Scopus Memorial College and Firbank Girls' Grammar School.[11] She later studied languages at Monash University and completed a Diploma of Education at the University of New South Wales.[12]

Career

She worked for four years as a special education teacher in Sydney, helping autistic and schizophrenic children[13] . She then worked in publishing and advertising.

In 1977, Milgrom and her first husband Alfred Milgrom established Melbourne House (Publishers) Ltd, a publishing company with offices in Melbourne and London.[14] They published a series of books on computers and in 1980 co-founded video game studio BEAM Software (later Krome Studios Melbourne).[15] [16]

Milgrom joined the family business Sussan in 1988 as marketing and strategic planning manager, after her father bought out his brother-in-law John Gandel. She was appointed merchandise director the following year and, in 1990, became chief executive.[11] Milgrom spearheaded the acquisition of Suzanne Grae in 1991[17] and the acquisition of Sportsgirl in 1999.[9] In 2003, Milgrom bought her parents and three siblings out of the business and assumed full ownership of all three brands.[18]

Personal life

Milgrom has three children from her first marriage to Alfred Milgrom. she lived in the Melbourne suburb of Middle Park. It was reported that Milgrom owns properties in and Byron Bay.[19]

Net worth

In 2018, according to the UK Financial Times, Milgrom was the eighth-richest woman in Australia, with an estimated net worth of over 500 million., The Australian Financial Review assessed her net worth as 1.15 billion in the 2023 Rich List.

YearFinancial Review
Rich List
Forbes
Australia's 50 Richest
RankNet worth (A$)Rank
2006$495 million
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016[20] $582 million
2017[21] [22] $585 million
2018[23] $625 million
2019[24] [25] $781 million
2020[26] $795 million
2021[27] $933 million
2022
2023[28] $1.15 billion
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

Philanthropy

Milgrom is an active benefactor[29] and participant in arts projects and events[30] . In 2014 she established the Naomi Milgrom Foundation[31] to fund public art, design and architecture projects. The same year, the foundation provided the funding for a series of outdoor pavilions (known as MPavilions) to be built in Queen Victoria Gardens, Melbourne. Since 2014, the Naomi Milgrom Foundation has invited international architects to design an MPavilion each year. Architects have included Sean Godsell (2014), Amanda Levete (2016), Bijoy Jain (2017), Glenn Murcutt (2019) and Tadao Andao (2023). Tadao Ando’s MPavilion will remain in Melbourne’s Queen Victoria Gardens until June 2025, after City of Melbourne approved a request from the Naomi Milgrom Foundation to extend the temporary structure.[32] MPavilion has received the Australian Institute of Architects Presidents’ Prize[33] (2015), the Melbourne Award[34] (2016), Victorian Architecture Awards[35] (2015), (2016), (2017); National Trust Heritage Awards (2017) and the Good Design Award[36] (2018). In 2024, Milgrom received the Australian Institute of Architects’ National President’s Prize[37] for her contributions to architecture through the Pavilion project.

Milgrom's other philanthropic projects cover entrepreneurship, contemporary art, music, dance, fashion, culture, science, education, women's health and the Jewish community. Major cultural projects instigated by the Naomi Milgrom Foundation include the Living Cities Forum[38], Patricia Piccinini ‘Sky Whales’[39], 2020-2021; Photo 2021[40], Photo 2024;[41] and William Kentridge projects I am not me, the Horse is not mine (2018–2019) and That Which We Do Not Remember (2019).[42] [43] . In 2017, Milgrom announced plans to redevelop parts of Cremorne, Melbourne to create a precinct to support Melbourne’s technology, media and creative industries[44] [45] .

Milgrom has been Chair of the Australian Centre for Contemporary Art, Chair of the Melbourne Fashion Festival, Director of the Magellan Financial Group and a board member of the Florey Institute of Neuroscience and Mental Health. She has also held the position of board member of the Melbourne Business School and served as Commissioner for the Australian representation at the 57th International Art Exhibition, Venice Biennale 2017 and Jury Chair of the international design competition for the Powerhouse Precinct in Parramatta.[46] Other roles Milgrom has held include Board member, Agenda Victoria; National Councillor, Australian Retailers Association; Advisory Council Member, Centre for Social Impact; Inaugural board member, Family Business Council[47] ; Trustee, the Jewish Museum of Australia; Chair, The Katherine Hannay Visual Arts Commission[48] for ANZ Trustees; Trustee[49], National Gallery of Victoria; and the Premier of Victoria’s Bushfire Reconstruction Industry Champions Committee. Milgrom is a member of the Art Basel Global Patrons Council, Tate Museum London's International Council[50] and has been a judge for the World Architecture Awards.

Awards

In 2001, Milgrom was awarded the Centenary Medal for outstanding service to the Melbourne Fashion Festival and the fashion industry.[51] In 2010, Milgrom was appointed an Officer of the Order of Australia (AO) for service to business as a leader and mentor in the fashion industry, and to the community through advisory and management roles of a wide range of arts, health and philanthropic bodies;[52] and in 2020, Milgrom was appointed a Companion of the Order of Australia (AC) for eminent service to the community through philanthropic leadership and support for the promotion of the arts, architecture, design excellence and cultural exchange, and to business.[53]

In 2015, she was awarded the Australian Institute of Architects President's Prize for her establishment of the MPavilion project in Melbourne. Milgrom also received an Honorary Doctorate of Business from RMIT University (2010), a Distinguished Alumni Lifetime Achievement Award from Monash University (2010), and the Creative Partnerships Australia Philanthropy Leadership Award (2016). In 2016, she was also inducted into the Australian Retailers Association's Australian Retail Awards Hall of Fame, and in 2017, she received the Melbourne Achiever Award.

In 2018, she was honored with the Ethical Leadership Award by the John Monash Foundation. Milgrom also received the Melbourne Design Week Award (2020) and was recognised as an Honorary Fellow of the Design Institute of Australia in the same year. In 2024, she was awarded the Australian Institute of Architects' President's Prize.

Milgrom has also received the Sir John Monash Award for Outstanding Achievement (2008), an Honorary Doctorate of Business from RMIT University (2010), a Distinguished Alumni Lifetime Achievement Award from Monash University (2010), Creative Partnerships Australia Philanthropy Leadership Award (2016_ and an Honorary Doctorate of Business from the University of New South Wales (2016).

Notes and References

  1. Web site: Eulogy for Marc Besen Delivered by Mark Leibler . Arnold Bloch Leibler . 20 August 2024.
  2. Web site: Liebler . Marc . 9 November 2023 . Eulogy for Marc Besen, delivered by Mark Leibler . live . 20 August 2024 . abl.com.au.
  3. News: Meet Naomi Milgrom, the 'cashmere steamroller' who keeps Sussan profitable amid fashion collapses. 2014-07-23. Financial Review. 2018-06-17. en-US.
  4. News: Melbourne's richest woman just bought another prestige property in Byron Bay. 2017-06-22. Domain. 2018-06-17. en-US.
  5. Web site: Collector Naomi Milgrom on her hands-on approach to philanthrophy. Roux. Caroline. 2018-06-08. Financial Times. en-GB. 2018-06-17.
  6. Web site: Article . Lee Carter ShareShare This . 2024-01-22 . Australian Collector Naomi Milgrom on Her Fascination With Pavilions . 2024-08-20 . Artnet News . en-US.
  7. News: Asia's Power Businesswomen, 2014: Naomi Milgrom Is All About the Logo. . Forbes. 2018-06-17. en.
  8. Web site: 2003-11-11 . Sussan heiress takes control . 2024-08-20 . The Age . en.
  9. News: A city's celebration of lives less ordinary, Naomi Milgrom and MPavilion. The Age. Lisa. Clausen. 17 December 2014. 29 August 2020.
  10. News: These are the 10 richest people in Australia for 2019. 18 January 2019. 29 August 2020. GQ.
  11. News: Rag-trade riches. The Australian Financial Review. 18 May 2006. 29 August 2020. Jacqui. Walker.
  12. Web site: Naomi Milgrom AO. Monash University. en. 2018-06-17.
  13. Web site: Guest . Forbes . Asia's Power Businesswomen, 2014: Naomi Milgrom Is All About the Logo . 20 August 2024 . Forbes . en.
  14. News: Melbourne House. Our Digital Heritage. 29 August 2020.
  15. NG Alphas: Melbourne House . Next Generation. 33 . September 1997. 116–8 .
  16. Web site: CRASH 3 - Melbourne House. www.crashonline.org.uk. 19 April 2018.
  17. Web site: 1994-04-18 . MR SUSSAN KEEPS ON ADDING THIS TO THAT . 2024-08-20 . Australian Financial Review . en.
  18. Web site: 2003-11-11 . Sussan heiress takes control . 20 August 2024 . The Age . en.
  19. News: Naomi Milgrom buys again in Byron Bay. RealEstate.com.au. Jonathan. Chancellor. 24 June 2017. 29 August 2020.
  20. News: Rich lister Naomi Milgrom has paid $12 million for Daniel Johns' apartment block. The Daily Telegraph. 7 October 2016. 29 August 2020. Melissa. Kehagias.
  21. News: Financial Review Rich List 2017 . Stensholt, John . . 25 May 2017 . 8 June 2017 .
  22. News: Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax . Mayne, Stephen . Stephen Mayne . . Private Media . 26 May 2017 . 10 October 2019 .
  23. Web site: 2018 AFR Rich List: Who are Australia's richest people?. The Australian Financial Review. 25 May 2018. Stensholt, John. 26 May 2018.
  24. Web site: Australia's 200 richest people revealed. . 30 May 2019. Bailey. Michael. 31 May 2019.
  25. News: Victoria's richest woman doubles down in Cremorne. Commercial News. Ben. Wilmot. 24 October 2019. 29 August 2020.
  26. Web site: The full list: Australia's wealthiest 200 revealed. subscription. The Australian Financial Review. 30 October 2020. Bailey, Michael. Sprague, Julie-anne. 31 October 2020.
  27. News: Bailey, Michael . Sprague, Julie-anne . The 200 richest people in Australia revealed . . 27 May 2021 . 28 May 2021.
  28. News: Bailey, Michael . Sprague, Julie-anne . The 200 richest people in Australia revealed . . 26 May 2023 . 6 June 2023.
  29. Web site: 2024-04-22 . Philanthropy 50: Which Australians gave away the most in 2023? . 20 August 2024 . Australian Financial Review . en.
  30. News: Roux . Caroline . 2018-06-08 . Collector Naomi Milgrom on her hands-on approach to philanthrophy . 20 August 2024 . Financial Times.
  31. Web site: Naomi Milgrom Foundation . 20 August 2024 . Naomi Milgrom Foundation . en-US.
  32. Web site: Cheng . Linda . 10 April 2024 . Tadao Ando’s MPavilion set to remain until 2025 . live . 20 August 2024 . ArchitectureAU . Architecture Media.
  33. Web site: 2024-05-15 . Naomi Milgrom AC awarded AIA National President’s Prize - MPavilion . 20 August 2024 . mpavilion.org . en-US.
  34. Web site: 2023-07-25 . Awards - MPavilion . 20 August 2024 . mpavilion.org . en-US.
  35. Web site: 2023-07-25 . Awards - MPavilion . 20 August 2024 . mpavilion.org . en-US.
  36. Web site: MPavilion 2022 . 20 August 2024 . Good Design . en-AU.
  37. Web site: National President's Prize . 20 August 2024 . Australian Institute of Architects . en-AU.
  38. Web site: Living Cities Forum . 20 August 2024 . Living Cities Forum . en-AU.
  39. Web site: Skywhales: Every heart sings . 20 August 2024 . National Gallery of Australia . en.
  40. Web site: PHOTO 2021 . 20 August 2024 . PHOTO 2024 . en-AU.
  41. Web site: PHOTO 2024 . 20 August 2024 . PHOTO 2024 . en-AU.
  42. Web site: William Kentridge: That which we do not remember, Art Gallery of New South Wales (2018-2019) . 20 August 2024 . Naomi Milgrom Foundation . en-US.
  43. News: Roux . Caroline . 2018-06-08 . Collector Naomi Milgrom on her hands-on approach to philanthropy . 20 August 2024 . Financial Times.
  44. Web site: Review . Arts . 2022-02-14 . Elaine Chia to lead the establishment of a new cultural precinct project in Melbourne . 20 August 2024 . Australian Arts Review . en-AU.
  45. Web site: Blacker . Amy . 2022-08-15 . Business leader, Naomi Milgrom AC gifts Cremorne building to White Box and ASA . 20 August 2024 . White Box Enterprises . en-AU.
  46. Web site: Naomi Milgrom to chair Powerhouse Precinct design competition jury . Architecture & Design . 21 August 2024.
  47. Web site: 1996-10-18 . Council aiming for peace of mind for all the family . 20 August 2024 . Australian Financial Review . en.
  48. Web site: Naomi Milgrom AO appointed Commissioner for Australia, Venice Biennale 2017 . Creative Australia . 2017 . 20 August 2024.
  49. Web site: Gill . Raymond . 2011-10-10 . Fresh face to usher in new era for NGV . 20 August 2024 . The Sydney Morning Herald . en.
  50. Web site: Article . Lee Carter ShareShare This . 2024-01-22 . Australian Collector Naomi Milgrom on Her Fascination With Pavilions . 20 August 2024 . Artnet News . en-US.
  51. 1125551 . 1 January 2001 . Ms Naomi MILGROM . Centenary Medal . For outstanding service to the Melbourne Fashion Festival and the fashion industry. 16 November 2020 .
  52. 1141704 . 26 January 2010 . Ms Naomi MILGROM . Officer of the Order of Australia . AO . For service to business as a leader and mentor in the fashion industry, and to the community through advisory and management roles of a wide range of arts, health and philanthropic bodies.. 16 November 2020 .
  53. 2006843 . 7 June 2020 . Ms Naomi MILGROM AO . Companion of the Order of Australia . AC . For eminent service to the community through philanthropic leadership and support for the promotion of the arts, architecture, design excellence and cultural exchange, and to business.. 16 November 2020 .