Add CategoryAustralia’s richest female chief executive might have come from humble beginnings, but she’s blitzed wealth building since falling in love with Brisbane.
Maxine Horne, chief executive of ASX-listed Vita Group, has just had one of her properties — a sub penthouse in hipster suburb Newstead — snapped up in the rental market.
The property was one of those rare two bedroom apartments that also have two multipurpose rooms, and it’s within the famous Gasworks shopping and restaurant precinct. She allows pets which is fabulous for the inner-city. Residents have their own gym and pool area, according to a listing by agent Angela Edginton of City Realty.
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Ms Horne made her money after co-founding telecommunication-based Fone Zone 26 years ago with former husband David McMahon. The couple had chosen Brisbane to set up home in after flying in from the UK, with their Telstra subcontract seeing them ride a wave of mobile phone growth that allowed Vita Group to eventually list on the stock exchange and expand into a range of brands.
Ms Horne has sunk much of her wealth into real estate and stock, including one of the most beautiful homes in Brisbane in Ascot’s Sutherland Avenue — which eventually went to her husband David in their divorce split.