Neville Crichton is an automotive entrepreneur. He owns the New Zealand based companies Ateco Automotive LTD and European Automotive Imports (EAI). Both companies are importing cars to Australia and New Zealand. Ateco Automotive is the importer and distributor for Alfa Romeo, Maserati, Citroën, Fiat and Chery vehicles in Australia and New Zealand. The group has a turnover of more than AUD$ 1 billion a year.
European Automotive Imports owns Australia’s largest Ferrari dealership Ferrari Maserati Sydney. Neville Crichton started as a Ford car salesman. He was successful and in 1972 he acquired a used car business in Auckland, which grew to be the largest used car dealer in New Zealand.
He sold the company and moved to Hawaii where he bought a stake in Tony Shelly’s Mazda dealership. This company also grew quickly, adding other brands such as BMW and becoming the world’s largest Mazda dealership.
Later he sold his stake and moved back to New Zealand where he bought all the shares of the stock listed Australian Tractor and Engineering Company, the company now known as ATECO. Crichton also owns a number of hotels and other properties in Queensland and New South Wales. Crichton was successful in car racing, but later moved his attention to sailing.
He founded both Sensation Yachts and Alloy Yachts, but sold his stakes in both yacht builders. He remained a loyal client to Alloy, who built several yachts for him. His latest yacht, however was built at the Dutch yacht builder De Vries of Feadship. Next to Como, Crichton owns and has owned several sail yachts named Alfa Romeo.
Neville Crichton’s net worth is estimated at more than USD 200 million.
In 2017 Neville Crichton sold his Sydney house for US$ 60 million. Crichton and his girlfriend Nadi Hasandedic now live in a US$ 33 million house once owned by Lachlan Murdoch, son of Rupert Murdoch.