The ultra-high net worth investor spending big down under

The ultra-high net worth investor spending big down under
Hans Albrecht with wife Ursula visiting Waiheke's Man O'War winery. (Image: Hans Albrecht)
Victoria Young
Mega-rich investor Hans Albrecht arrived in New Zealand quite by accident.In 2020, the businessman, who founded the Carlyle Group in Europe, was meant to visit Australia to sail his classic yacht, the Nordwind.However, a few days before he was to leave, it was discovered his other boat was too long to dock in Sydney.So, he decided to visit Great Barrier Island instead.Shortly after, Aotearoa went into lockdown.“We spent that first lockdown on our superyacht Aschanti," Albrecht told BusinessDesk. "Frankly, I know the experience I...

More Investments

The good, the bad, and the ugly of share buybacks
Markets BusinessDesk Explains

The good, the bad, and the ugly of share buybacks

Spark did one, Fletcher did too and now Air NZ is. What are share buy-backs?

Auckland Airport ‘just asking questions’ about airline competition
Infrastructure

Auckland Airport ‘just asking questions’ about airline competition

Regional NZ flyers are bearing a particular brunt, the airport says.

Pattrick Smellie 20 Feb 2025
Air NZ announces $100m share buyback
Markets

Air NZ announces $100m share buyback

The buyback targets about 2.5% of the airline's issued capital.

Pattrick Smellie 20 Feb 2025