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30 Mar 2017 (AFR) – How the Rich Invest: Fruit, vegetables and property boost Frank Costa’s wealth

(30 March 2017, AFR, p25, by John Stensholt)

The Australian Financial Review looks at how the wealthy are making money for our column: How the rich invest.

‘Frank Costa has played an integral role in a rare event on the ASX: a successful float involving private equity. His fruit and vegetable giant, Costa Group, which he and his brother Adrian founded at their parents’ Geelong grocery in 1959, listed on the ASX in July 2015.’ <snipped…>

‘Costa Group shares have doubled since the float after a slow start, and are up 25 per cent since January 1 alone to make the stock one of the top 30 best performers among the ASX All Ordinaries Index.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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