Sidney Myer not only established what has become Australia’s largest department store chain, he also created a family business designed to ensure that future generations could participate in the opportunities created by his wealth and use it to contribute to the community.
The structure and investment philosophy that has grown up within the Sidney and Merlyn Myer family business is one of the most enduring achievements of a life that exemplified accomplishment in the broadest sense. The Myer family through its corporate entities now manages a broad range of investments in Australia and internationally and maintains significant philanthropic activities through the Sidney Myer Fund and The Myer Foundation.
The Myer family’s aim is to grow its capital assets through an investment approach that focuses on creating value, while educating, encouraging and helping individual family members to manage their wealth in ways that best suit their unique perspectives and aspirations. Since 1934, those charged with helping to manage the Myer family wealth have enabled many family members to prosper, regardless of differing personal styles.