Name Huljich family | ||
The Huljich family are a very high net worth family located in Auckland, New Zealand, worth $165m NZD according to the 2015 National Business Review Rich List. Their business interests are varied, and include property, new business startups, finance, movie-making and philanthropy. They are of Croatian descent.
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Family
The patriarch of the family was Peter S Huljich (now deceased). He was a restaurateur and property owner. His business interests were succeeded by his three sons:
Business interests
The Huljich brothers (Chris, Paul and Michael), founded a food manufacturing business, at first under the name Top Hat Bacon, in the 1980s specialising in various pork products or small goods (e.g. processed meats bought from a delicatessen, such as bacon, sausages, pâté and salami). This enterprise grew into the Best Corporation (a major brand continued to be "Top Hat Bacon") which operated an important segment of the market in New Zealand and owned considerable assets in Australia. In the late 1990s the three brothers sold Best Corporation to French food company Groupe Danone and also sold valuable Australian assets. After the sale of Best Corporation, the three brothers separately invested their proceeds into different interests:
Christopher Huljich and his son Peter founded Huljich Wealth Management (NZ) in 2007. This business was sold for $20.9m NZX to Fisher Funds Limited in 2011 after a period of fast growth in the business led to lapses in investment management. The company was subsequently prosecuted by the Securities Commission and fined $239,000 plus $95,265 in legal costs.
Paul Huljich has authored a number of fiction and non-fiction books, which chronicle his battle with depression and stress. These books include a novel loosely based on his experiences with mental illness and his subsequent drug-free recovery, called "Betrayal of Love and Freedom". He now lectures worldwide on curing and mitigating against the effects of depression.
Mark Huljich (son of Paul) has produced a number of children’s movies loosely based on the Robert Louis Stevenson book “Treasure Island”. These films starred US actor Randy Quaid.
Christopher and Peter Huljich have invested (via their private equity business Christopher and Banks Limited), in a number of business startups and established technology businesses.
Philanthropy
The family have created the Huljich Foundation, a charitable trust that supports seriously ill children. The trust provides a memorable experience for children with a poor prognosis. The experience is to be chosen by the child to share the experience with their family.
Family discord
In 2014 it was reported that Elizabeth, the mother of brothers Christopher, Paul and Michael, had filed an application in the High Court at Auckland to force her son Christopher to repay a mortgage registered over her St Heliers home. He defended the action, stating that the claim was misconceived.