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Hannah Wootton

John Wylie’s run of bad bets

A rumoured interest in IDP Education adds to the list of troubled investments.

Banker John Wylie and COVID-19 ski party superspreader Andrew Abercrombie’s dealings with each other at Humm Group are finally over. It ended with more of a whimper than a bang.

Surprising given the fireworks that defined the former friends’ relationship. That included a failed attempt by Wylie and his allies to sell part of Humm to Ahmed Fahour’s Latitude Financial in 2021, much to Abercrombie’s disgust. A war of words, board oustings and alleged legal threats followed.

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Hannah Wootton is a Rear Window columnist, based in Melbourne. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com

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    Original URL: https://www.afr.com/rear-window/john-wylie-s-run-of-bad-bets-20250604-p5m4vh