Daniel Grollo
By Simon Johanson. Property scion Daniel Grollo has avoided the humiliation of his collapsed Grocon construction empire being liquidated after the tax office and creditors of 88 failed companies voted to accept an arrangement that will see small creditors and employees paid out.

Is grollo homes owned by Grocon?

Daniel Grollo is the third generation of his family to run Grocon. The report revealed Katherine Grollo had made claims over multiple properties in Victoria and NSW, including a 658sq m penthouse on the 80th floor of Eureka Towers in Melbourne, built by Grocon.

Who owned Grocon?

In March 2012 the construction business was split again into a construction business, owned by Daniel Grollo, which is the current Grocon, and a property development business owned by his older siblings, Adam and Leeanna.

Who started grollo?

Luigi Grollo
The Grollo journey began in 1928 when Luigi Grollo left Treviso, Italy to start a new life in Melbourne, Australia. In the 1940s Luigi started a business with a small team of men and one truck. Over the next 50 years, this business grew into one of Australia’s largest and most successful construction groups.

How much is Bruno Grollo worth?

In 2006, Grollo was listed in Forbes top 40 richest people in Australia and New Zealand. Bruno Grollo and family were listed on Financial Review 2018 Rich List with an assessed net worth of A$702 million.

Who are grocon administrators?

Grocon Group Holdings is one of three Grocon companies involved in the litigation with the NSW government. KordaMentha’s Andrew Knight, who is handling the administration with colleagues Craig Shepard and Mark Korda, said no more Grocon companies were expected to join the tally of administrations.

What happened to Bruno Grollo?

Bruno’s role in his company remains despite handing the title of chief executive and chairman to his son, Daniel Grollo in 1999. Following public disputes with Infrastructure New South Wales in 2020, Grocon announced that it and 86 of its subsidiaries have entered Voluntary Administration.

Does grocon still exist?

Almost 40 entities in administration But it is only a partial administration of the Grocon empire. Grocon won’t reveal how many entities it is still controlling. ABC News has counted at least a dozen connected to the company that are not being managed by KordaMentha. It is understood there could be as many as 30.

Who are grocon’s administrators?

How much are the Grollos worth?

Bruno Grollo and family were listed on Financial Review 2018 Rich List with an assessed net worth of A$702 million. Bruno Grollo and family did not appear on the 2019 Rich List, although Rino Grollo and his family were independently assessed with a net worth of A$583 million.

Who is Jodi grollo father?

Bruno Gordano Grollo AO (born 1942, Melbourne, Victoria) is an Australian businessman, property developer, former Director of Grocon and is noted for his controversy surrounding the Swanston Street Wall incident on 29 March 2013.

How much is Grocon worth?

Private development and construction giant Grocon is back in the black with a profit of $6.4 million as it mounts a big push into the Sydney market. Already, Australia’s largest private construction company is eyeing a pipeline of projects in the NSW market alone worth more than $1 billion.

Is Grollo Group a family business?

A FAMILY TRADITION. Grollo Group is a family owned property, tourism and investment company, established during the 1940s. It is a testament to Rino and Diana Grollo’s extensive experience within the property and tourism sectors. The Grollo journey began in 1928 when Luigi Grollo left Treviso, Italy to start a new life in Melbourne, Australia.

Who is Luigi Grollo?

Luigi Grollo and his family left their hometown of Arcade, Treviso, in Northern Italy after it became a World War 1 battleground and was no longer habitable. At 18 years old, with his older brother sponsoring him, he boarded the passenger ship named the Principe d’Udine and arrived in Melbourne on 24 July 1928 to start a new life in Australia.

What is the Grollo story?

It is a testament to Rino and Diana Grollo’s extensive experience within the property and tourism sectors. The Grollo journey began in 1928 when Luigi Grollo left Treviso, Italy to start a new life in Melbourne, Australia. In the 1940s Luigi started a business with a small team of men and one truck.

Who is Bruno Grollo’s father?

Background and career. Grollo is the son of Luigi Grollo (1909–1994) and his wife, Emma, Italian immigrants who were faced with poverty when they first settled in Australia. Luigi Grollo started a concrete company that is known today as Grocon. Bruno Grollo dropped out of school at fifteen years old to start his career in construction.