User:HollieAzzopardi/sandbox/Shaun Bonett

Shaun Keith Alfred Bonétt (born January 1, 1971) is an Australian property developer. He is the Chief Executive Officer and Managing Director of Precision Group, a private property investment company in Australia.

Early life and education

Bonétt was born in London to parents of Maltese, Italian and French heritage. He was educated at Saint Ignatius’ College and went on to complete a Bachelor of Arts (Jurisprudence), Bachelor of Law at the University of Adelaide. He later attained a Graduate Diploma in Legal Practice at the University of South Australia.

Career

While still in law school at the age of 18, Bonétt worked part-time as a clerk in Adelaide, where he used his earnings to buy his first property in the city’s suburb of Unley.

Bonétt commenced work as a legal professional at the age of 21 and practiced as a commercial lawyer in the early and mid-1990’s. He began his career at Thomson Simmons Lawyers before later joining Phillips Fox in 1996. During this time, he held corporate advisory roles in the commercial, property and taxation sectors.

In 1993, Bonétt was admitted as a solicitor and barrister to the High Court of Australia.

In 1994, Bonétt founded his own business, the Precision Group, a privately owned investment company specialising in the investment, development and finance of commercial property in Australia, particularly in the retail, commercial office and hospitality sectors. He is principally responsible for the strategic direction of the company.

In 2003, Bonétt was appointed to the Board of Directors at iSelect, an online comparison service that compares insurance, household utilities and personal finance products. He currently holds the position of Non-Executive Director on the iSelect Board and is Chair of its Nominations Committee and the Board representative of its Diversity Committee.

In 2005, Bonétt became Chief Executive Officer and Managing Director at Lenders Direct, a private equity finance company operated by the Precision Group. His role involves sourcing and approving finance transactions across Australia.

In 2007, Bonétt was appointed as Chairman and Non-Executive Director at Litigation Lending Services, an organisation that provides litigation funding solutions throughout Australia and New Zealand.

Achievements and honours

Knight of Malta (SMOM) awarded 14 April 2010.

Shaun Bonétt first debuted on the Business Review Weekly (BRW) Young Rich List in 2006 placing third with a fortune of $220 million and was ranked as Australia’s richest person 40 and under in 2007/2008, before progressing to the BRW Rich 200 List in 2011. Bonétt has remained listed between the two titles for nine successive years. Bonétt’s current net worth is estimated at ~$375 million, ranking him as 130th on the Rich 200 List for 2014.

Memberships and associations

Bonétt is an active member of the Institute of Company Directors and a member of the Young President’s Organisation. He is also a Director of the Chinese Language and Culture Education Foundation of Australia Limited and a member of the President’s Council of the Art Gallery of New South Wales.

Personal life

Bonétt is married to wife Vanessa and has two children, Eve and Gabriel. He and his wife founded the Heartfelt Foundation in 2008 which focuses on assisting various charities and people under stress. Of primary interest the Heartfelt Foundation has supported including Pathways, Youth Insearch, Sydney Children’s Hospital Foundation, Oncology Children’s Foundation, Ardoch Youth Foundation, Gawler Foundation, Bear Cottage and School Aid.