Peter Lew is an Australian businessman born on February 25, 1970, in Melbourne. Australian. He is the son of Solomon Lew, a businessman. His family is well-known in Australia for founding the Premier Investments company, one of Australia’s largest retail investments.
After completing his education, Peter Lew joined the family business, Colorado, a clothing retailer, which his father bought a purchased 20% in 2002. He started working at the company as a board member. Lew resigned from the board of Colorado in 2004.
He is currently the Chairman of P Lew Investment Group, owner of the BrandBank Group of Companies and through accessing his father’s fortune has extensive interests in retail, financial services, and property investments. BrandBank owns the Thurley, Seed Heritage and Seed Femme specialty fashion brands located in Australia, New Zealand, Singapore, and Hong Kong, and is the local license holder for French Connection and Nine West in Australia and New Zealand.
Peter Lew has a Bachelor of Business degree in Banking and Finance from Monash University (Caulfield), after attending Mount Scopus Memorial College, a large Jewish school in Melbourne.
In 2015, Peter Lew was criticized by Supreme Court of Victoria judge Melanie Sloss for failing to exercise “reasonable diligence” when it emerged his company 65 Albany Road Pty Ltd had been paying double the correct amount of land tax on his home and on an adjacent block for more than twenty years. When the mistake was discovered, Lew successfully pleaded with the Victorian government for a refund, which he partly received but was mostly refused because the claim was lodged too late. Later, media interest arose when Lew’s company unsuccessfully sued the Victorian government for $1 million over his overpayment.
His parents, Solomon Lew, and Rosie Lew, divorced in 2015 after 40 years of marriage. His father remarried in 2018, to Rosa Prappas, a woman around thirty years younger, and his mother Rosie is now in a de facto relationship with the former head of the Australian Competition & Consumer Commission, Professor Allan Fels.
Wife
Peter Lew is married to Ally Lew. The couple has three children Chloe, Ruby, and the youngest, Jade. Peter and his wife had their wedding in 2002, she is also a year older. His family lives in Toorak, a property that has been the subject of repeated controversies over land tax and the acquisition of neighboring properties.
Peter Lew net worth
How much is Peter Lew worth? Peter Lew net worth is estimated at around $100 million. His main source of income is from his primary work as a businessman. Peter Lew’s salary per month and other career earnings are over $5 million dollars annually. His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential businessmen in Australia. He stands at an appealing height of 1.81m and has a good body weight which suits his personality.