Solomon Lew’s business career commenced at 18 when he assumed control of his father’s small retail business in 1964. The success and growth of that enterprise paved the way for the creation of Premier Investments.
Table of Contents
Early Life and Career
Table of Glimpse: Solomon Lew’s Profile
| Category | Details |
|---|---|
| Full Name | Solomon Lew |
| Date of Birth | March 22, 1945 |
| Age | 79 (as of 2024) |
| Birthplace | Melbourne, Australia |
| Net Worth | Approximately $3 billion (2024 estimate) |
| Primary Business | Chairman of Premier Investments |
| Major Brands Owned | Just Jeans, Smiggle, Portmans, Jay Jays, Dotti, Peter Alexander |
| Stake in Myer | Approximately 29% (2023); gained control in 2024 |
| Landmark Deal | Sold retail brand portfolio to Myer for $860+ million, doubling Myer’s size |
| Education | Not publicly documented |
| Career Start | Took over his father’s retail business at age 18 in 1964 |
| Marital Status | Previously married to Rosie Lew; separated in 2014 |
| Children | Three children, all involved in family business |
| Philanthropy | Active in Melbourne’s Jewish community |
| Height | Not publicly documented |
| Awards | Renowned for contributions to Australian retail industry |
Net Worth
Solomon Lew is an Australian business tycoon and investor, active in the retail industry. He has amassed a net worth of $3 billion as of 2024, largely through his stake in Premier Investments and other undertakings.
Premier Investments and Just Group
Premier Investments, run by Lew, has a substantial stake in Australia’s Myer Department Store. Lew was voted off the Myer board earlier this year after requesting three seats. He still owns about 10% of Myer outright.
Involvement with Myer
Lew has strong ties to Myer, one of the largest department store chains in Australia. In 2023, Lew’s Premier Investments increased its stake in Myer to nearly 29%. Then, by 2024, Lew had accomplished a long-sought goal when he finally gained control of Myer. Premier Investments agreed to sell a package of Australian-focused retail brands to Myer for more than $862 million, roughly doubling the size of the retailer.
Personal Life
Lew was married to Rosie Lew for forty years before their separation in 2014. They have three children, all active within the family’s business interests. Lew is also known for his philanthropic activities, especially with regard to the Jewish community in Melbourne.
Age and Height
How old is Solomon Lew?
Height information about Solomon Lew is not available, but his probable height must be around 5 feet and 9 inches.
FAQs
What is Solomon Lew’s net worth?
It is estimated that as of 2024, Solomon Lew has an approximate net worth of $3 billion.
What does Solomon Lew’s do with Myer?
Premier Investments, the company owned by Mr. Lew, is a significant shareholder in Myer. In 2014, he looked set to gain control of it when Premier tried to sell Myer a division that included Smiggle and Peter Alexander.
