Bruno Grollo
Quick Facts
Biography
Bruno Gordano Grollo AO (born 1942, Melbourne, Victoria) is an Australian businessman.
Background and career
Grollo is the son of Luigi Grollo (1909–1994) and his wife, Emma, Italian immigrants who were faced with poverty when they first settled in Australia. Luigi Grollo started a concrete company that is known today as Grocon. Bruno Grollo dropped out of school at fifteen years old to start his career in construction. In late December 1994, Luigi Grollo, the patriarch and founder of Grocon, died and left Bruno and his brother, Rino, joint controlling heirs to his company. At the time of Luigi Grollo's death, the Grollo companies were reported to be worth more than A$350 million.
Bruno and Rino Grollo headed the Australian construction company, Grocon, whose credits include the construction of the tallest buildings in Melbourne, Rialto Towers and Eureka Tower. In 1999, Grollo's sons Adam and Daniel were installed as joint managing directors. Today, Grocon employs a fluctuating workforce of 300 to 1,200. Grollo proposed building the tallest building in the world, the Grollo Tower, but construction never commenced.
In 2000 Bruno and Rino Grollo split their business interests, with Rino and family operating the Grollo Group, including property management in the Rialto Towers, commercial property, tourism and property investment. Bruno Grollo and family maintained their interests in Grocon with a focus on property construction.
Personal life
Grollo married Dina in 1965 and they had three children. Dina Grollo died in December 2001. In 2014, Grollo married Pierina Biondo.
In 1991, Grollo was appointed an Officer of the Order of Australia for service to building and construction and to the community.
Wealth rankings
In 2006, Grollo was listed in Forbes top 40 richest people in Australia and New Zealand. Bruno Grollo and family were listed on Financial Review 2018 Rich List with an assessed net worth of A$702 million. Bruno Grollo and family did not appear on the 2019 Rich List, although Rino Grollo and his family were independently assessed with a net worth of A$583 million.
Bruno, Rino, and/or their father, Luigi (whilst living), are one of thirteen living Australians who have appeared on every Financial Review Rich List, since it was first published in 1984.
Year | Financial Review Rich List | Forbes Australia's 50 richest | ||
---|---|---|---|---|
Rank | Net worth A$ bn | Rank | Net worth US$ bn | |
2006 | 40 | |||
2014 | ||||
2015 | n/a | not listed | ||
2016 | n/a | not listed | ||
2017 | 0.720 | n/a | not listed | |
2018 | 113 | 0.702 | ||
2019 | n/a | 0.583 | n/a | not listed |