An Auto Media Group publication Sunday 8 November 2026
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Freight & Logistics

Transport leaders make up rich list

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Bruce Plested

The National Business Review has released its annual ‘Rich List’, with a number of transport industry leaders in the exclusive club.

Bruce Plested – $500 million – Executive chairman and founding owner of Mainfreight.  

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Fulton family – $450 million – Infrastructure construction, roadworks and aggregate supplier company Fulton Hogan was founded by Julius Fulton and Robert Hogan in Dunedin in 1933.

Higgins family – $430 million – New Zealand civil construction company Higgins was founded by Dan Higgins in 1958. It has over 1600 staff.

Gough family – $400 million – Distributors, dealers and service providers for the Caterpillar brand of heavy equipment.

Smith family – $250 million –  cranes and construction which includes Christchurch-based company Smith Crane and Construction.

Don Braid – $85 million – Mainfreight group managing director with over 35 years’ experience in the freight industry.

Don Braid

Mark Ching – $60 million – A leader in the vehicle shipping trade, best known for the Armacup service.

Steven Newman – $50 million – Founder and chief executive of transport technology services company ERoad.

Dealers part of list

The Spencer family – $1 billion – Part-owners of Hyundai New Zealand and other distribution ventures with the Giltrap family.

Alan Gibbs – $580 million – An icon of the industry, now owners of the Gibbs line of amphibious vehicles.

Sir Colin Giltrap – $400 million – New Zealand’s most prominent car dealer and distributor.

John Copson – $340 million – Founder of Autosure, and now co-founder of Provident Insurance.

Steven Newman

Alpe family – $145 million – Operators of the hugely successful Jucy rentals.

Gibbons family – $135 million – Part-owners and operators of the listed Colonial Motor Group.

Richard Balcombe-Langridge – $110 million – Owner of the Metropolitan rentals business, and prestige car collector.

Wayne Leach – $110 million – Owner of the Winger group of car dealerships.

Rick Armstrong – $55 million – A former used car dealer, now owner of the prominent Auckland City Toyota and Armstrong Prestige operations.

Paul Kelly – $50 million – Operator of a number of dealerships in Christchurch city.

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