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Mark Di Stefano

Jon Adgemis’ vintage yacht seeks buyers

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

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!

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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. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com

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    Original URL: https://www.afr.com/rear-window/john-adgemis-vintage-yacht-seeks-buyers-20240828-p5k64w