Queenstown developers make Rich List

Two Queenstown developers make appearances in National Business Review’s online Rich List.

Fraser Sanderson (ranked 19th), who is developing commercial and residential property behind his former Queenstown Country Club retirement village, is valued at $225 million.

The Porter brothers, Alastair, John and Neville (20th), who have developed commercial, retail and residential property at Frankton’s Remarkables Park, are valued at $200 million.

Rich List returnees include Sir Michael Hill ($290 million) and Wanaka-based Sir Clifford Skeggs ($175 million), whose tourism company Southern Discoveries is based in Queenstown and whose Akarua winery has a restaurant at Lake Hayes.

A new Queenstowner, Xero software accounting founder Rod Drury, who has already become a significant local benefactor, is valued at $1.95 billion.

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