Supermarket owners banking super profits, NBR Rich List showsSTUFF Pak 'n Save Wairau owner Quintin Proctor is worth an estimated $60m. The supermarket trade is producing a generation of millionaires, according to the annual National Business Review (NBR) Rich List. READ MORE:* Graeme Hart slips a place on Forbes rich list, Bill Gates tops* Rich Listers in family feud* NZ's 2017 rich list sneak peekA qualified butcher, he worked in different departments at various New World supermarkets before deciding he wanted to be an owner-operator. Pak 'n Save owner, and former director of its parent company Foodstuffs, Glenn Cotterill is worth an estimated $65m, NBR says. Big decliners on the Rich List include former Warriors owner Eric Watson, whose wealth dropped 40 per cent to an estimated $250m, NBR says.

Source: Stuff August 15, 2018 04:07 UTC