Billionaire Profile
S
Global Rank
#1942

Image: Lew Wallace | Public domain | via Wikimedia Commons

Solomon Lew

CEO, Retail
AUSTRALIA
Real-Time Net Worth
$2.113B
Estimated based on Retail stock value as of March 6, 2026
+0.56% (24h)
Age
80
Source
Retail
Industry
Fashion & Retail
Citizenship
AUSTRALIA

Biography

Solomon Lew is an Australian business magnate and billionaire, best known as the chairman and non-executive director of Premier Investments Limited. Born in Melbourne in 1945, Lew's career spans over 50 years in the retail sector, including manufacturing, wholesale, and retailing of textiles, apparel, and general merchandise. He is renowned for his strategic investments and leadership in the industry, including founding and expanding prominent retail brands such as Just Jeans, Smiggle, and Peter Alexander. As of February 2, 2026, Lew's net worth is estimated at $2.1 billion. His success in retail has also been marked by his induction into the World Retail Hall of Fame in 2016.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Solomon Lew was born on March 22, 1945, in Melbourne, Australia, to Polish Jewish immigrants. His father was active in the Jewish community. Lew started his journey in the business world at a young age.

Rise to Success

Lew's career began with his involvement in his family's business. He later expanded into importing apparel and toys from China and other investments, primarily in retail companies. Lew took control of his father's small retail business in 1964, at age 18, and transformed it into a retail empire. He has over 50 years of experience in the manufacture, wholesale, and retailing of textiles, apparel, and general merchandise, as well as property development.

Key Business Strategies

Lew is known for his ability to read fashion trends and make strategic investments. He served as Chairman of Coles Myer from 1991 to 1995. He is currently the Chairman of Premier Investments. Premier Investments owns the Smiggle stationery store franchise and the sleepwear label Peter Alexander. In 2025, Myer bought Premier's five apparel brands in exchange for new shares issued to Premier, creating one of the largest retail and apparel companies across Australia and New Zealand.

Philanthropy

Lew's philanthropic endeavors include his role as inaugural Chairman of the Mount Scopus Foundation (1987–2013), which supports Mount Scopus College, one of Australia's leading private colleges.

Career Milestones

1963

Founded Voyager Solo

Lew started his first business at the age of 18, supplying dresses to the Myer Emporium.

1985

Director of Coles Myer Limited

Served as a director until 2002, holding various executive positions.

1987

Chairman of Premier Investments

Became Chairman, a role he held until 1994, and then re-assumed in 2008.

2008

Chairman of Premier Investments

Returned to the board of Premier Investments and became its chairman.

2016

Inducted into World Retail Hall of Fame

Recognized for his lifetime achievements in retail.

2025

Myer Shareholder

Myer bought Premier's apparel brands, with Lew becoming the largest shareholder of Myer with a personal stake of 26.8 percent.

Philanthropy & Social Impact

Arts

National Gallery of Victoria

$0.45B

Donated to fund the acquisition of the painting 'Glenara'.

Jewish Community

United Israel Appeal

Undisclosed

Founded its Action for Israel division in the early 1980s.

Education

Mount Scopus Foundation

Undisclosed

Served as inaugural Chairman supporting the Mount Scopus College.

Business Philosophy & Leadership

Notable Quotes

"I'm very much in touch with the consumer."

Leadership Principles

Strategic Investment

Demonstrated ability in the timing of strategic investments.

Market Trend Awareness

Success in the retail industry has been due to his ability to read fashion trends and interpret them for the Australasian market.

Controversies & Challenges

1989

Yannon Transaction

Involved Coles Myer in a deal that resulted in a loss of $18 million for the company.

2020

DividendKeeper Scandal

Premier Investments received dividends after receiving wage subsidies during the coronavirus crisis.