Todd family net worth
Todd family net worth: The Todd family is a New Zealand businessman family with a net worth of $2.7 billion. The Todd family has been in business since 1870, when pioneer Charles Todd left Scotland to settle in Dunedin. For more than half a century, Charles and his descendants have been active in forestry, gold mining, stock and station agency, automobile import and distribution, automobile assembly, oil distribution, power generation and capital investment, and natural gas and oil exploration, development and production.
Today, Todd has two key businesses, both of which are subsidiaries of Todd Corporation: Todd Energy and Todd Capital. The former deals with the exploration and production of oil and gas, power generation and the distribution of gas and electricity, while the latter specialises in strategic investments in New Zealand and Australian companies, particularly in telecommunications and real estate. The entire company is controlled by Sir John D. Todd, whose chairman succeeded Sir Brian Todd in 1987 after his death.
