Rear Window

Jon Adgemis’ vintage yacht seeks buyers

The debt-laden baron is seeking a humbler life, without his 95-foot yacht Hiilani.

Mark Di StefanoColumnist

Updated Aug 28, 2024 – 7.06pm, first published at 6.59pm

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What’s the saying? The two happiest days in a boat owner’s life are the day they buy the boat, and the day they sell it.

So, we arrive at the situation facing embattled publican and ex-KPMG dealmaker Jon Adgemis, who’s living an intriguing day-to-day life riding the debt markets, holding off creditors, all the while living the life of a budding Hollywood producer on Sydney Harbour. Imagine the stress!

Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent.