NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business

Young, rich ... miserable: how near death and a ruthless banker boss led to Aussie cosmetics success

news.com.au
28 Jul, 2017 06:55 PM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Christopher Glebatsas was a high-flying investment banker in London when the Aussie was struck down with meningitis meningococcal septicaemia and almost died. Photo / Chris Glebatsas Facebook

Christopher Glebatsas was a high-flying investment banker in London when the Aussie was struck down with meningitis meningococcal septicaemia and almost died. Photo / Chris Glebatsas Facebook

By Shannon Molloy, News Corp Australia Network

For most of his 20s, Chris Glebatsas was what some might call a "banker wanker".

He was young, rich, drove a flashy sports car and lived the high life in central London, working as global head of hedge fund valuations for a mega financial firm.

When he wasn't pulling 14-hour work days, the ambitious Australian was splashing cash on lavish nights out and all manner of boys' toys.

"I was your classic high-end banker," Glebatsas recalled.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

"I suppose I was obnoxious. I was definitely a different person, but it's hard not to be in that bravado-driven environment."

It wasn't until he was struck down with meningitis meningococcal septicaemia, an often lethal illness, that he realised how meaningless those pursuits had been - and how alone he was.

He was on his death bed, barely conscious, his organs failing and brain dangerously swollen, when his boss waltzed in, shoved a mobile phone in his hand and tried to coax him to make a few final trades.

Advertisement
Advertise with NZME.

The bank had been losing millions in his absence. It didn't matter that doctors had given him a 10 per cent chance of survival - money simply mattered more.

"I was in a bed, not sure if I would survive, told if I did that I'd almost certainly lose a few limbs, and that happened," Glebatsas said.

"I thought, something is wrong with this picture. If I survived, I decided I had to change my life."

Eight years on, the co-founder of men's skincare brand Lqd - a homegrown success story taking on the world's biggest cosmetics names in Bloomingdales, Harrods and Sephora stores around the globe - is fit and healthy.

Discover more

Retail

Amazon shopping to keep growth coming

28 Jul 08:57 PM
A week after moving home to Australia, Chris Glebatsas met his partner Anthony McDonough - at the gym, naturally. Photo / Chris Glebatsas Facebook
A week after moving home to Australia, Chris Glebatsas met his partner Anthony McDonough - at the gym, naturally. Photo / Chris Glebatsas Facebook

But back then, doctors weren't hopeful he would pull through, with the rare blood infection wreaking havoc on his body.

His mum Shona rushed from Melbourne to be by her son's side, after doctors phoned to tell her the end was probably near.

"It's not something you want your mum to hear," Glebatsas said.

"I'm from a single parent family, my dad passed away just before I was born, so mum lived for us children. She gave us everything and sacrificed everything for us.

"Thinking about her sitting on a plane for 23 hours, not knowing if I'd be alive when she got to the other end, breaks my heart, still."

Despite the many people in Glebatsas' life in London, his mum was one of the few he saw when he opened his eyes.

Advertisement
Advertise with NZME.

They couldn't manage to get away from work to visit, they'd say.

Chris Glebatsas and Anthony McDonough of Lqd Skin Care met at the gym and fell in love. Photo / Chris Glebatsas Facebook
Chris Glebatsas and Anthony McDonough of Lqd Skin Care met at the gym and fell in love. Photo / Chris Glebatsas Facebook

"Where were my friends? I had no one. I had more money than I knew what to do with, all the toys I wanted, and it brought me no happiness.

"It took me to a point of needing to make a big change in my life. Mum said, 'just be the person you are' and encouraged me to live my life as best I could. She was so supportive."

Against the odds, Glebatsas pulled through and began to recover.

But his body was so battered by the bacterial infection, and the flood of drugs given to try to beat it, that he had to endure six months of rehabilitation.

"I was on the cusp of 30. I'd spent months regaining my motor and neuro skills. Then it was like, what do I do now? So I came home."

Advertisement
Advertise with NZME.

He also came out to his family, acknowledging he was gay as part of a determination to live a more authentic life.

"A week after I arrived home, I met my partner Anthony - at the gym, would you believe. A classic love story."

Anthony McDonough was a chemist who'd gone into the world of marketing. They fell in love and started to build a life together.

"He came to a point in his career where he wanted something new, and that's how we came to build the business," Glebatsas said.

With Lqd, their booming cosmetics operation, Glebatsas focuses on the finance and logistics while McDonough navigates the right combination of ingredients.

It's the perfect partnership, they say.

Advertisement
Advertise with NZME.
Chris Glebatsas and Anthony McDonough of Lqd Skin Care met at the gym and fell in love. Photo / Chris Glebatsas Facebook
Chris Glebatsas and Anthony McDonough of Lqd Skin Care met at the gym and fell in love. Photo / Chris Glebatsas Facebook

"We built it online first and it got a real cult following," Glebatsas said.

"We started to be approached by retailers - Sephora Asia first ... a year later we went into Bloomingdales in America, then David Jones at home ... last month we went into Harrods in London."

That latest retail deal came as Lqd launched at London Men's Fashion Week to rave reviews and a flurry of buzz.

Elton John's husband David Furnish threw the boys a party at his and the iconic pop star's plush mansion.

For this interview, Glebatsas is in Las Vegas for one of the world's biggest cosmetics trade shows.

"And I just heard that we were the number one men's skincare brand in Bloomingdales across America. It's fantastic for two crazy Aussies taking on the world's biggest."

Advertisement
Advertise with NZME.

Gone is the well-paying but soul-destroying finance job, the Ferrari and the luxury London flat, which he realised hadn't really made him happy and probably never would.

And in their place he has a loving family, a blossoming career and, most importantly, happiness.

"We have a very modern family - Anthony and I co-parent his 13-year-old daughter with his ex-wife Jane, and we have an 83-kilo Great Dane.

"Mum lives around the corner - it's very My Big Fat Greek Wedding - and rings for us to come pick up food she's cooked.

"Me being sick was one of the absolute worst things to happen in my life, but it was also the best. I'm pinch myself - life has given me some fantastic things in the past (eight) years.

"I'm in a fantastic place. I'm happy."

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Business

Premium
Property

‘Rather irrational’: Multi-millionaire questions Healthy Homes rules

18 Jun 11:00 PM
Business|economy

Big four power firms near deal to secure Huntly's back-up role

18 Jun 10:57 PM
GDP

Stronger-than-expected GDP signals no rate cut in July

18 Jun 10:47 PM

Audi offers a sporty spin on city driving with the A3 Sportback and S3 Sportback

sponsored
Advertisement
Advertise with NZME.

Latest from Business

Premium
‘Rather irrational’: Multi-millionaire questions Healthy Homes rules

‘Rather irrational’: Multi-millionaire questions Healthy Homes rules

18 Jun 11:00 PM

Peter Lewis is upgrading his 12 rentals but has questioned why others are exempt.

Big four power firms near deal to secure Huntly's back-up role

Big four power firms near deal to secure Huntly's back-up role

18 Jun 10:57 PM
Stronger-than-expected GDP signals no rate cut in July

Stronger-than-expected GDP signals no rate cut in July

18 Jun 10:47 PM
'Mismanaged': Expert calls for faster reform in NZ economy

'Mismanaged': Expert calls for faster reform in NZ economy

18 Jun 09:13 PM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP