Toby Dymond’s engine oil company, Penrite, started out as one petrol station in Melbourne’s Caulfield 99 years ago. Transforming it into a company worth about $700 million has been a family effort, but he is clear about the hero of this Rich List origin story.
“The credit goes to my Mum. She took the risk, with nine kids, telling Dad to leave his job and go and buy the business,” Dymond, 52, says.
Yolanda RedrupRich List editorYolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
