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How the rich invest: Solomon Lew's retail stocks hit as Amazon concerns grow

The Australian Financial Review looks at how the wealthy are making money for our column, How the rich invest.

John StensholtFormer Rich Editor
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It is early days, but billionaire retail legend Solomon Lew is yet to see a big payday from his recent investment in Myer.

Lew made a raid on Myer in late April via his Premier Investments, which took a 10.8 per cent stake in the department store business that Lew once oversaw as the boss of Coles Myer.

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John Stensholt is a former editor of the BRW Rich 200 and Young Rich Lists.
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    Original URL: https://www.afr.com/business/retail/how-the-rich-invest-solomon-lews-retail-stocks-hit-as-amazon-concerns-grow-20170502-gvxdru