Shaun Bonett

Shaun Bonétt was born in London, England, to parents of Australian and Maltese descent, Marlene and Anton Bonétt, the latter of whom was an oncologist for the World Health Organisation. Bonett moved to Australia in 1978. In the 1980s, Bonétt worked as a law clerk in Adelaide, and completed a degree of Laws and Arts at the University of Adelaide in 1991. He previously studied at Saint Ignatius College.

Bonétt worked for the law firm Thomson Simmons & Co from 1990 to 1996 and then as a Senior Associate at Phillips Fox Lawyers from 1996 to 1998.

In 1994 when he was 24 years old, he founded Precision Group. Through Precision, he was involved in the re-positioning of MacArthur Central, and collaborated with the Bank of China to purchase the Chevron Renaissance Shopping Centre. Shaun Bonétt also negotiated the establishment of a Tiffany & Company outlet in Adelaide Central Plaza, along with three other international retailers, including David Jones.

In 2003 he joined the board of directors of iSelect Health & Life Insurance, in 2005 he joined the board of Present Lenders Direct, and in 2007 he joined the board and became Chairman of Litigation Lending Services.

In 2004 he bought a house on the Sydney harbour formerly owned by Paul Hogan as a personal residence and subsequently sued the real estate agent who sold him the house for $2M for misrepresenting the size of the lot and the harbor access; he won a judgement of $100,000 in 2006.

His wealth, as of 2015, was estimated by the BRW Rich List to be $478 million (113th rank), a number that climbed from $220 million in 2006.

Bonétt has actively supported Australia's free trade agreement with China. Bonett has also established a charitable organization called the Heartfelt Foundation.