Billionaire Bob Ell’s property development group, Leda Holdings, has reported a near-halving in annual profit but a huge jump in dividends, according to the second set of accounts for his privately held empire to be made public since it was founded in 1976.
Bob Ell is worth $2.68 billion, according to the 2024 Financial Review Rich List.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com