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]
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]
Some of the more noteworthy members of the family include:
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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.
The Liberman family, which made its wealth in commercial property investments under the late family patriarch Jack Liberman, is notoriously private.
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.