How the Rich Invest: Alan Wilson
The Australian Financial Review looks at how the wealthy are making money for our column, How the rich invest.
Not only has the wealth of billionaire Alan Wilson and his family been surging because their plumbing supplies business has been on a big run, but he also owns some other hot stocks.
Wilson and his family joined the Financial Review Rich List this year after previously being in the ranks of the Rich Families, and the bulk of their wealth has been found for decades in Reece. His debut on the main Rich List meant Wilson joined the ranks of a record 76 billionaires thanks to the success of Reece, as he placed 16th on the 2018 edition with wealth of $3.87 billion.
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