Paul Lederer

Last updated

Paul Lederer
Born
OccupationEntrepreneur
Organization(s)Former owner of Primo Group
Owner and Chairman of Western Sydney Wanderers
SpouseEva Marie Lederer
Children2
RelativesAndrew Lederer OAM (uncle)

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

Contents

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] [4] Between 2004 and 2015, Lederer served as CEO of Primo Smallgoods, until the company was sold in 2015 to JBS for A$1.45  billion. [5] [6]

Lederer now heads the privately-owned Lederer Group. Since 2015 the Lederer Group has built a commercial property portfolio [7] [8] and has interests in dairy manufacture and supply. [9]

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. [10] 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. [11] Lederer was the Chairman of the Wanderers until 2024 when he stepped down to be replaced by Jefferson Cheng.

In 1986, Lederer's uncle, Andrew, was awarded the Medal of the Order of Australia for service to soccer. [12]

Personal life

Lederer is married to Eva Marie and they have two children. [13]

Net worth

In 2014, the Business Review Weekly (BRW) Rich List assessed Lederer's net worth as A$635 million. [3] As of May 2023, The Australian Financial Review Rich List, which replaced the BRW List, assessed Lederer's net worth as A$1.78 billion. [14]

Year Financial Review
Rich List
Forbes
Australia's 50 Richest
Rank Net worth (A$)Rank Net worth (US$)
2014 [3] 74$635 million
2015
2016
2017 [15] [16] 73$824 million
2018 [17] 71Increase2.svg$1.14  billion Increase2.svg
2019 [18] 70Increase2.svg$1.31 billion Increase2.svg
2020 [19] 75Decrease2.svg$1.36 billion Increase2.svg
2021 [20] 95Decrease2.svg$1.40 billion Increase2.svg
202269Increase2.svg$1.40 billion Steady2.svg
2023 [14] 80Decrease2.svg$1.78 billion Increase2.svg
Legend
Icon Description
Steady2.svgHas not changed from the previous year
Increase2.svgHas increased from the previous year
Decrease2.svgHas decreased from the previous year

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References

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