Paul Lederer Explained

Paul Lederer
Birth Place:Hungary
Occupation:Entrepreneur
Organization:Former owner of Primo Group
Owner and Chairman of Western Sydney Wanderers
Spouse:Eva Marie Lederer
Children:2

Paul Lederer is the former CEO of Primo Group, and Chairman and co-owner of A-League club Western Sydney Wanderers.

Business

Lederer started his professional career by joining his uncle's manufacturing business in his early twenties.[1] In 1985, Andrew Lederer started Primo Smallgoods by buying the Mayfair ham factory in Sydney and Paul Lederer became one of the first 38 new employees.[2] Lederer inherited Primo Smallgoods when his uncle died in 2004.[3] Between 2004 and 2015, Lederer served as CEO of Primo Smallgoods, until the company was sold in 2015 to JBS for 1.45 billion.[4] [5]

Lederer now heads the privately-owned Lederer Group. Since 2015 the Lederer Group has built a commercial property portfolio[6] [7] and has interests in dairy manufacture and supply.[8]

Western Sydney Wanderers FC

In May 2014 Lederer was part of a four-member consortium that bought the licence to operate the Western Sydney Wanderers FC from 30 June 2014.[9] In 2018, Lederer was elected the new chairman of the Australian Professional Football Club Association, serving later as a regular board member then leaving the board entirely in late 2023.[10]

In 1986, Lederer's uncle, Andrew, was awarded the Medal of the Order of Australia for service to soccer.[11]

Personal life

Lederer is married to Eva Marie and they have two children.[12]

Net worth

In 2014, the Business Review Weekly (BRW) Rich List assessed Lederer's net worth as 635 million., The Australian Financial Review Rich List, which replaced the BRW List, assessed Lederer's net worth as 1.78 billion.

YearFinancial Review
Rich List
Forbes
Australia's 50 Richest
RankNet worth (A$)Rank
2014[13] $635 million
2015
2016
2017[14] [15] $824 million
2018[16]
2019[17] $1.31 billion
2020[18] $1.36 billion
2021[19] $1.40 billion
2022$1.40 billion
2023[20] $1.78 billion
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

Notes and References

  1. Web site: The biggest business guns in the west. The Daily Telegraph. 26 March 2016. 14 May 2019.
  2. Web site: Primo expands in Qld . farmonline. 26 September 2011. 14 May 2019.
  3. News: The biggest business guns in the west . . 17 March 2013 . 1 August 2014 . Sexton, Jennifer.
  4. Web site: JBS Australia to buy Primo Group in $1.45bn meat processing deal. . 21 November 2014. 11 April 2019.
  5. Web site: Western Sydney Wanderers’ Paul Lederer scores $15.5 million in Point Piper. . 7 November 2017. 11 April 2019.
  6. Web site: Centuria and Lederer join forces to buy Adelaide office tower for $185 million. Commercial Real Estate. 23 May 2018. 23 April 2019.
  7. Web site: Hine's Global REIT Portfolio Sells For $626 million. CoreLogic. 11 October 2018. 23 April 2019.
  8. "Without people, you don’t have a business.": Spiro Michas . CEO Magazine . 12 December 2019 . 25 November 2020 .
  9. Web site: FFA confirms the sale of Western Sydney Wanderers to a consortium for a reported $10m fee. Adno, Carly. 29 May 2014. The Daily Telegraph. 12 June 2014.
  10. Web site: Lederer, Fong appointed to leadership of A-League club rep body. The Sydney Morning Herald. 26 November 2018. 4 April 2019.
  11. 887436 . 9 June 1986 . Mr Andrew LEDERER . Medal of the Order of Australia . OAM . For service to soccer. . 25 November 2020 .
  12. News: Smith, Michael . Primo sale end of an era for western Sydney salami king . . 22 November 2014 . 25 November 2020 . subscription .
  13. News: BRW Rich 200 list 2014: 74. Paul Lederer . Business Review Weekly . 27 June 2014 . 1 August 2014.
  14. News: Financial Review Rich List 2017 . Stensholt, John . . 25 May 2017 . 8 June 2017 .
  15. 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 .
  16. Web site: 2018 AFR Rich List: Who are Australia's richest people?. The Australian Financial Review. 25 May 2018. Stensholt, John. 26 May 2018.
  17. Web site: Australia's 200 richest people revealed. . Nine Publishing. 30 May 2019. Bailey. Michael. 31 May 2019.
  18. Web site: The full list: Australia's wealthiest 200 revealed. subscription. The Australian Financial Review. Nine Publishing. 30 October 2020. Bailey, Michael. Sprague, Julie-anne. 31 October 2020.
  19. News: Bailey, Michael . Sprague, Julie-anne . The 200 richest people in Australia revealed . . 27 May 2021 . 28 May 2021.
  20. News: Bailey, Michael . Sprague, Julie-anne . The 200 richest people in Australia revealed . . 26 May 2023 . 6 June 2023.