Hart’s Net Worth

Auckland investor Graeme Hart, 53, owner of the world’s second-largest drink-carton maker, Alcoa Inc. has surpassed both Donald Trump and Sir Richard Branson in the wealth stakes, doubling his bank account over the past year. According to the National Business Review’s 2008 Rich List Hart is worth $6 billion, one of six New Zealand  billionaires. Hart’s private investment company Rank Group bought Alcoa packaging and consumer business for $2.7 billion in December. The NBR 2008 list includes 178 entrants with a combined wealth of NZ$44.4 billion, up from NZ$38.6 billion last year. Rank Group is the 100 per cent owner of food manufacturer Burns Philp and paper business Carter Holt Harvey.