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Money for jam: John Elliott’s first big move into wealth

Money for jam: John Elliott’s first big move into wealth

Two Australians made a fortune in preserves. John Gilmour profiled Achalen Palfreyman in 1967 and AFR editor-in-chief Michael Stutchbury picks up the story with John Elliott.

An AFR Classic from 1967: Death of a great business conservative

Achalen Woolliscroft Palfreyman, director of the Henry Jones-IXL-AJC canning group for 74 years, has died at the age of 92, leaving an office boy-to-chairman legend unequalled in Australian business, 14 acres in Toorak, and an immense personal investment portfolio.

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Original URL: https://www.afr.com/wealth/people/money-for-jam-john-elliott-s-first-big-move-into-wealth-20210927-p58v7y