Early Life
Harry Oskar Triguboff was born on March 3, 1933, in Dalian, China, to Russian Jewish parents. His family moved to China to escape antisemitism in the Russian Empire. Triguboff spent his early years in Tianjin, China, where his father ran a successful trading store. The family later obtained landing permits for Australia in 1946.
Rise to Success
Triguboff's career began in the textile industry before he transitioned into real estate. He bought a block of land in Roseville, Sydney, in 1960 and built his first apartment block. In 1963, he founded Meriton Apartments Pty Ltd, which has since become Australia's largest residential property developer. Under his leadership, Meriton has built over 79,000 apartments, including iconic buildings like World Tower in Sydney. Triguboff's strategic focus on high-density living and his ability to identify market trends have been key to his success.
Key Business Strategies
Triguboff's business acumen is evident in his long-term investment strategy. He often rented out unsold apartments during economic downturns, which allowed him to maintain cash flow and benefit from market recovery. His focus on prime locations and building high-quality apartments has also enhanced Meriton's reputation. Moreover, he has been a proponent of population growth and has consistently advocated for policies that support the real estate sector. His company has also expanded into the hospitality sector with the Meriton Suites brand, adding to his diverse business portfolio.
Philanthropy
Harry Triguboff is known for his philanthropy through the Harry Triguboff Foundation, supporting various causes including religious groups, schools, and medical research. He donates approximately $3 million annually to philanthropic endeavors.
