James Baillieu
James Baillieu (born 1968) is an Australian activist investor.
James Baillieu | |
---|---|
Born | 1968 (age 54–55) |
Nationality | Australian |
Occupation | Activist investor |
Parent(s) | Ian Baillieu, Marianne |
Relatives | Ted Baillieu, William Baillieu |
Family | Baillieu |
Family and education
Baillieu was born in 1968 to parents Ian Baillieu, an Australian lawyer, and the art gallery owner Marianne.[1] He is the nephew of former Premier Ted Baillieu and journalist, activist Kate Baillieu and also Olympian Will Baillieu.[2] His grandparents were Diana and Darren Baillieu.[3] His great-uncle was WL Baillieu. His great-great-grandfather was James George Baillieu who swam the Port Phillip Bay Rip and landed in Queenscliff, Victoria in 1853.[4] The Baillieu family office Mutual Trust merged with the Myer family office in 2018 creating a firm with more than $3b under management.[5][6]
Baillieu was educated at Melbourne Grammar School. He graduated from the University of Melbourne where he received a BA and LLB (First Class Honours).[7][8]
Career
Baillieu practiced law at Mallesons Stephen Jacques in the early 1990s. He then joined management consultants McKinsey & Co for seven years until 2001.[7][9]
He then became an early investor in and Senior Vice President of Aconex which was purchased by Oracle for A$1.6 billion In December 2016.[10][11]
From November 2017 to February 2019, he was Chairman of ASX-listed BidEnergy and also its largest shareholder.[12] BidEnergy was the top performing stock on the ASX in 2018.[13]
Notable legal matters
Baillieu is described by the Australian Financial Review as “seriously combative".[14][15] He is described by The Age as "the Baillieu family's chief spear thrower" with "an open approach to conflict".[16] He is described by The Australian as taking a stand as an activist investor who “targets the good fight.” [8]
Baillieu uses Herbert Smith Freehills as his legal advisors of record and has been involved in a number of legal matters.[17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38][39][40][41][42][43][44][45][46][47][48][49][50][51][52][53][54]
Personal life
Baillieu lives in Melbourne and is married to Josephine.[55][56] He takes an interest in the work of the World Wildlife Foundation which the couple supports through an annual event at their Mornington Peninsula home.[57]
In December 2011, Baillieu and his wife Josephine hosted Mary, Crown Princess of Denmark and Frederik, Crown Prince of Denmark as guests for a week in a secret visit to their Mornington Peninsula home.[58]
His son Atlas was the Australian Junior Chess Champion.[59]
Baillieu is an author for publication Crikey.[60] He is also an author for The Spectator.[61]
References
- MYER, ROD (10 April 2012). "Gallery owner chose to be game not gamekeeper". The Sydney Morning Herald. Retrieved 5 April 2019.
- Loussikian, Samantha Hutchinson, Kylar (17 February 2019). "CBD Melbourne: Rob Stary presses pause". The Age. Retrieved 5 April 2019.
{{cite web}}
: CS1 maint: multiple names: authors list (link) - "Matriarch legacy of love and riches". www.news.com.au. Retrieved 5 April 2019.
- "Baillieu, James George (1832–1897)". Australian Dictionary of Biography. 1979. Retrieved 8 April 2019.
- "Myer Family Company and Mutual Trust to merge". Australian Financial Review. 9 June 2017. Retrieved 5 April 2019.
- "Sidney Baillieu Myer AC". www.frrr.org.au. Retrieved 5 April 2019.
- "James Baillieu Net Worth (2019) – wallmine.com". au.wallmine.com. Retrieved 5 April 2019.
- "bad-boy-james-baillieu-targets-the-good-fight". www.theaustralian.com.au. Retrieved 24 March 2021.
- "Kon, Stephen David, (born 26 Sept. 1949), Senior Partner, since 2012 and Co-Deputy Global Chairman, since 2013, King & Wood Mallesons (formerly SJ Berwin) LLP", Who's Who, Oxford University Press, 1 December 2012, doi:10.1093/ww/9780199540884.013.u255982
- Waters, Cara (17 December 2017). "Oracle to buy Melbourne company founded over squash game for $1.6b". The Sydney Morning Herald. Retrieved 5 April 2019.
- "James Baillieu Net Worth (2019) – wallmine.com". wallmine.com. Retrieved 5 April 2019.
- "How BidEnergy went from one of the worst stocks to a small-cap success". Australian Financial Review. 16 January 2019. Retrieved 5 April 2019.
- "Subscribe to The Australian | Newspaper home delivery, website, iPad, iPhone & Android apps". myaccount.news.com.au. Retrieved 7 April 2019.
- "'Imposter': Clandestine artist targets Baillieu 1889 execs". Australian Financial Review. 3 March 2019. Retrieved 5 April 2019.
- "James Baillieu threatens Updater with legal action". Australian Financial Review. 19 March 2019. Retrieved 7 April 2019.
- Loussikian, Samantha Hutchinson, Kylar (5 March 2019). "CBD Melbourne: Greens hope in Twin Set Territory". The Age. Retrieved 5 April 2019.
{{cite web}}
: CS1 maint: multiple names: authors list (link) - "Baillieu name spat continues with latest name change for stockbroking firm". Australian Financial Review. 6 February 2019. Retrieved 5 April 2019.
- "James Baillieu's undeniable fondness for confectionery". Australian Financial Review. 19 February 2019. Retrieved 5 April 2019.
- "Baillieu in shares buy row". www.heraldsun.com.au. 21 August 2007. Retrieved 5 April 2019.
- Hawthorne, Ben Butler and Mark (17 June 2011). "Baillieu family heads to court to burst red bubble". The Sydney Morning Herald. Retrieved 5 April 2019.
- Apostolou, Natalie (17 June 2011). "RedBubble CEO drops role at Aconex". theregister.co.uk. Retrieved 7 April 2019.
- "Aconex and Baillieu family business set for court showdown". SmartCompany. 17 July 2011. Retrieved 7 April 2019.
- "Allens Arthur Robinson in bitter Baillieu boardroom brawl". Crikey. 11 March 2011. Retrieved 16 December 2019.
- "James Baillieu says irexchange prospectus is 'extraordinarily misleading'". Australian Financial Review. 1 February 2019. Retrieved 5 April 2019.
- "Irexchange offers to refund investors after legal action, ASIC scrutiny". Australian Financial Review. 10 February 2019. Retrieved 5 April 2019.
- "Irexchange postpones IPO after stop order, in talks for new funding". Australian Financial Review. 19 February 2019. Retrieved 5 April 2019.
- "IRexchange dusts off IPO plans after resolving legal action". Australian Financial Review. 28 March 2019. Retrieved 5 April 2019.
- "Metcash challenger IRExchange falls into administration". Australian Financial Review. 23 October 2019. Retrieved 13 November 2019.
- "Struggling tech firm Irexchange accused of misleading shareholders in new suit". Lawyerly. 27 November 2019. Retrieved 15 December 2019.
- "Metcash challenger IRexchange winds up, leaving creditors in the red". Australian Financial Review. 2 December 2019. Retrieved 15 December 2019.
- "Baillieu 1889 fires back at Baillieu family". Australian Financial Review. 12 February 2019. Retrieved 5 April 2019.
- "Baillieu family member slams stockbroker rebrand". Australian Financial Review. 28 January 2019. Retrieved 5 April 2019.
- Hutchinson, Samantha (22 January 2019). "'Utterly offensive': Baillieu family blasts 'impostor' stockbroker". The Sydney Morning Herald. Retrieved 5 April 2019.
- Loussikian, Samantha Hutchinson, Kylar (16 January 2019). "CBD Melbourne: Taking the family name in vain?". The Age. Retrieved 5 April 2019.
{{cite web}}
: CS1 maint: multiple names: authors list (link) - Loussikian, Samantha Hutchinson, Kylar (28 January 2019). "CBD Melbourne: A very Spray Tan Capital stoush". The Age. Retrieved 6 April 2019.
{{cite web}}
: CS1 maint: multiple names: authors list (link) - Loussikian, Samantha Hutchinson, Kylar (13 June 2019). "CBD Melbourne: The Kirbys keep it in the family". The Age. Retrieved 20 June 2019.
{{cite web}}
: CS1 maint: multiple names: authors list (link) - "A Melbourne stockbroking institution falls victim to hubris". Australian Financial Review. 13 November 2020. Retrieved 24 March 2021.
- "James Baillieu resigns from Candy Club". Australian Financial Review. 27 February 2019. Retrieved 5 April 2019.
- "ASX investigates BidEnergy for 'misleading' credentials". Australian Financial Review. 5 March 2019. Retrieved 5 April 2019.
- "BidEnergy plunges amid spat". www.theaustralian.com.au. Retrieved 24 May 2019.(subscription required)
- Latimer, Cole (6 May 2019). "Billionaire Alex Waislitz backs energy tech that booted James Baillieu". The Sydney Morning Herald. Retrieved 24 May 2019.
- Loussikian, Samantha Hutchinson, Kylar (18 June 2019). "CBD Melbourne: Frydenberg's grand handshake tour". The Age. Retrieved 20 June 2019.
{{cite web}}
: CS1 maint: multiple names: authors list (link) - "Baillieu sues BidEnergy over chairman replacement". Australian Financial Review. 28 July 2019. Retrieved 4 August 2019.
- "Baillieu scion claims blackmail, 'corporate war' gets personal at Melbourne Club". The Age. 25 August 2019. Retrieved 21 September 2019.
- "Baillieu claims restraining order is an 'abuse of process'". Australian Financial Review. 4 September 2019. Retrieved 21 September 2019.
- "BidEnergy signs electricity bill automation deal with Origin Energy, former chairman sues for unfair dismissal". Small Caps. 30 August 2019. Retrieved 15 December 2019.
- "James Baillieu settles spat with BidEnergy". Australian Financial Review. 13 March 2020. Retrieved 24 March 2021.
- "James Baillieu threatens Updater with legal action". Australian Financial Review. 19 March 2019. Retrieved 7 April 2019.
- "Why James Baillieu doesn't believe in the Updater unicorn". Australian Financial Review. 20 March 2019. Retrieved 7 April 2019.
- "The rise and coming fall of Updater, the unicorn that never was". SmartCompany. 29 March 2019. Retrieved 7 April 2019.
- "Updater's James Baillieu backs away from legal options". Australian Financial Review. 24 March 2019. Retrieved 7 April 2019.
- "Updater could have been a unicorn by now: IFM Investors". Australian Financial Review. 5 April 2019. Retrieved 8 April 2019.
- "Updater nears private markets deal". Australian Financial Review. 4 November 2019. Retrieved 15 December 2019.
- "Big-name backers ride start-up Updater to $1bn valuation". The Australian. 19 December 2019. Retrieved 20 December 2019.
- Pearson, Erin (5 March 2021). "'You're a maggot': James Baillieu's business dispute laid bare in Melbourne court". The Age. Retrieved 21 May 2021.
- "James Baillieu settles spat with BidEnergy". Australian Financial Review. 13 March 2020. Retrieved 21 May 2021.
- "Magic Millions, Portsea Polo pull power crowds". Australian Financial Review. 15 January 2017. Retrieved 8 May 2019.
- "Peninsula princess enjoys family getaway". www.heraldsun.com.au. 9 December 2011. Retrieved 29 May 2019.
- "Atlas has all the right moves - Geelong Grammar School". www.ggs.vic.edu.au. Retrieved 13 November 2019.
- "James Baillieu". Crikey. Retrieved 18 July 2023.
- "Why Australia is saying 'No' to the Voice, and 'Yes' to something better". The Spectator Australia. 24 September 2023. Retrieved 26 September 2023.