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Heir Tackles Dad's Environmental Mess, Starts New Office
29 Jan
Summary
- Felix Lee aims to mend relations with neighbors amid environmental damage.
- He is launching his own independent family office with significant backing.
- Joe Hockey, former treasurer, chairs the new family office.
Felix Lee, 25, is forging his own path by establishing the Lee Family Office to manage his family's investments, estimated at $1.66 billion. This initiative coincides with his efforts to address environmental damage at the family's NSW Mid North Coast property, Fame Cove, and repair relations with neighbors and MidCoast Council. The property has a history of environmental breaches dating back to 2009, leading to significant fines and court orders for remediation.
