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Home / New Zealand

Cafe Cecile owner Doug Catley joins the national ?rich list

By MARLENE DITCHFIELD
Wairarapa Times-Age·
24 Jul, 2006 06:00 AM2 mins to read

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Doug Catley, the businessman who established Cafe Cecile in Masterton's Queen Elizabeth Park and who also wanted to follow with building a large mock Tudor mansion alongside the cricket oval, is listed in the latest rich list.
For the past 21 years, the National Business Review has annually listed the country's richest people detailing how they made their millions.
Mr Catley, with an estimated wealth of $40 million, appears on the list as a man with a passion for cricket. He made his money owning the country's largest privately-owned health company, Healthcare
Mr Catley's disenchantment with Masterton's bureaucracy is mentioned in his profile.
Late last year, he withdrew a controversial offer to donate a 14-bedroom English-style Pheasant Inn in Queen Elizabeth Park, saying council delays in processing the proposal led to him "making commitments to other business opportunities."
The 222 list members have a collective wealth of $35.1million, a $3.7billion increase on last year.
The sale of Trade Me, the country's most popular website, has catapulted 30-year-old Sam Morgan on to the rich list. His success also made several other individuals overnight millionaires including Susan Jane Rutene of Masterton along with Sharon Weaver and Neil Bryant, who collectively earned $33.6million for their 4.8 per cent stake in Trade Me.
They join 20 others who are newcomers to the millionaire stakes. These include baby photographer, Anne Geddes, fitness manager, Phillip Mills, reality TV queen and founder of Touchdown Television, Julie Christie and Tauranga MP and Baypark stadium developer, Bob "The Builder" Clarkson.
Others who are established on the list include filmmaker, and part-time resident at his Matahiwi property in Wairarapa, Peter Jackson, valued at $400million.
According to NBR, wealth creation seemed far from the mind of Sir Michael Fay when it spoke to him in April. He had just completed a three-week hunting expedition on his bush-covered coastal station in Wairarapa. Sir Michael is valued at $600 million.
Hansells' owner Gary Lane is also on the list valued at $225 million, although NBR points out this could double if the impending sale of Hansells and his other company Healtheries goes ahead.
New Zealand's richest family are the Todds, worth $2.75 billion, followed by the Goodman family with $1.5 billion.
The country's wealthiest individual woman is Jan Cameron, who sold the outdoor clothing chain Kathmandu this year and is now worth $220 million.

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