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David and Barbara

Thomas Foundation Photo - David Thomas

BUSINESS BACKGROUND

David and Barbara Thomas built their mail-order wine club, Cellarmaster Wines Pty Ltd, from start-up to its sale for $160 million in just 14 years.

Living in London, they bought wine from the Sunday Times Wine Club and saw the opportunity for a similar business in Australia. Cellarmasters, the first of 13 wine clubs in Australia and New Zealand, was launched in 1982. In 1996 they sold Cellarmasters to Fosters for $160 million, and soon after established The Thomas Foundation.