Lloyd Williams (businessman)

Lloyd J. Williams (born 7 May 1940) is an Australian property developer and businessperson, with significant interests in thoroughbred horse racing. He holds the record as a thoroughbred owner to have won the Melbourne Cup on the most occasions, his most recent in 2020 with Twilight Payment.

Lloyd Williams
Born
Lloyd J. Williams

(1940-05-07) 7 May 1940
NationalityAustralian
EducationXavier College, Melbourne
Occupation(s)Property developer
Businessman
Known forThoroughbred horse racing
Crown Casino and Entertainment Complex
Publishing and Broadcasting Limited
Hudson Conway
SpouseSuzie Williams
Children2

Biography

Williams was educated at Xavier College, Melbourne.

He is the founder of Crown Casino and Entertainment Complex, established in 1994, located in Melbourne, Victoria. Crown is Australia's largest casino and one of the largest single casinos in the world. In 1999, Williams sold the majority of his interests to Publishing and Broadcasting Limited and other entities associated with the Packer family.

With David Gonski, Williams was the co-executor of the estate of the late Kerry Packer. Jackson Lloyd Packer, the son and male heir of James Packer, was given his middle name out of respect to Williams.[1]

Williams' family controlled business is called Hudson Conway, that has investments in a wide range of properties across Melbourne, now managed by his son, Nick.[2]

Thoroughbred horse racing

Williams is one of Australia's largest thoroughbred racehorse owners and owns a 120 hectares (300 acres) stable outside Melbourne. With his wife, Suzie, Williams has won Australia's most prestigious race, the Melbourne Cup, on seven occasions; in 1981, 1985, 2007, 2012, 2016, 2017 and 2020.

In 2000, he and Kerry Packer bought Enzeli from Aga Khan for about £200,000 to race in the Cup.[3]

Net worth

In 2012 Forbes Asia assessed his net worth as US$670 million.[4] As of May 2023 Williams' net worth was assessed by the Financial Review 2023 Rich List as A$990 million.[5]

Year Financial Review
Rich List		 Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2017[6][7] $784 million
2018[8] 95 Increase $787 million Increase
2019[9] 100 Decrease $914 million Increase
2020[10] 110 Decrease $896 million Decrease
2021[11] 119 Decrease $903 million Increase
2022 141 Decrease $948 million Increase
2023[5] 143 Decrease $990 million Increase
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Awards

In 2002 Williams was awarded the Australian Sports Medal in recognition of creating a programme for troubled teens to learn to sail as part of their rehabilitation.[12]

See also

References
  1. Tabakoff, Nick; Sharp, Annette (3 February 2010). "James Packer finally gets his male heir". The Daily Telegraph. Australia. Retrieved 2 June 2012.
  2. Doebele, Justin; Fass, Allison (12 February 2007). "Australia and New Zealand's 40 Richest". Forbes Asia. Retrieved 2 June 2012.
  3. "Melbourne Cup: Fanshawe far from fazed by Owl's wide draw". The Racing Post. 6 November 2000. Retrieved 22 June 2013.
  4. "Australia's 40 Richest: Lloyd Williams #38". Forbes Asia. 1 February 2012. Retrieved 2 June 2012.
  5. Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  6. Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
  7. Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  8. Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
  9. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  10. 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.
  11. Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  12. "Australian Sports Medal entry for Mr Lloyd WILLIAMS". It's an Honour, Australian Honours Database. Canberra, Australia: Department of the Prime Minister and Cabinet. 2 November 2000. Retrieved 19 November 2020. Created a programme for troubled teens to lean (sic.) to sail as part of their rehabilitation.
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