Harry Triguboff - Fortune - Billionaire list

Harry Triguboff

Harry Triguboff March 3 1933 son of Moishe and Freda Triguboff. He was born in Darien, China. Came to Australia in 1947 to start his education. He had had a milk route and drowe taxi, before he started his company Meriton Apartments and building his first block of units in 1963. Meriton Apartments has built almost 50,000 residential dwellings, mainly townhouses and apartments, since its creation 40 years ago.

His simple four-decade formula: Invest in low-cost, second-rate neighborhoods; offer low-cost, second-rate housing.

He is married and has two children. Education: Scotts College in Sydney , Degree in Textiles from Leeds University in England

Fortune
$1.3 billion as of 2005.