A thousand Lamborghinis, 15 racetracks or 230 million tins of gourmet cat food.
That’s what Highlands Motorsport Park owner Tony Quinn can afford after flicking his pet food business for a whopping $455 million.
Scot Quinn, and wife Christina, offloaded their Australian-based VIP Pet Foods empire to Sydney-based Quadrant Private Equity last month.
But they retain a significant stake in the business and the management team, including the Quinns’ eldest son Kent, remains.
The Quinns are understood to have recently ‘splashed out’ a record $7m on a three-unit luxury apartment complex on Queenstown Bay - Q1 apartments on Lake Esplanade.
The five-time Targa-winning rally driver already owns two racetracks - Cromwell’s Highlands and Hampton Down in north Waikato.
Indoor go-kart track and laser tag centre Game Over Queenstown is due to open in Frankton in the coming weeks.
Quinn says he and Christina are proud of what they’ve achieved with VIP. It’s the largest producer of fresh chilled pet food in the world, producing 150,000 tonnes a year, and employs 600 staff.
The $455m sale makes Quinn one of the richest people in town, when he’s in town.
Part-time Queenstowner Henrietta, Duchess Dowager of Bedford, leads the way on the National Business Review Rich List with an estimated $1.125 billion, while wealthy knights Sir Eion Edgar and Sir John Davies are lagging behind with just $100m each _ poor buggers.