All You Need to Know about Jack Cowin, his Net Worth, his House and his Slipstream Yacht
60 m (198 ft)
14 in 7 cabins
15 in 7 cabins
US$ 50 million
Owner of the Yacht
US$ 1.7 billion
Competitive Foods Australia
1943, Ontario, Canada
Point Piper, Sydney, Australia
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Slipstream has won several design awards. She is available for charter.
He is the founder and Executive Chairman of Competitive Foods Australia. Competitive Foods is one of Australia’s largest privately held businesses. He was born in 1943 in Ontario, Canada. He is married to Sharon Cowin. They have 1 daughter.
In 1969 at the age of 26-
The business expanded into food processing and now exports to 29 countries. It has 16,000 employees throughout Australia.
Competitive Foods Australia is the largest franchiser of restaurants in Australia. It’s restaurants include Hungry Jack's, KFC and Domino's Pizza.
Hungry Jack's, is the exclusive Australian master franchisee of Burger King Corporation.
With over 300 restaurants in the country, HJ's is the second largest franchisee of Burger King in the world.
Competitive Foods Australia owns 50 KFC restaurants in Western Australia and the Northern Territory. And also owns 350 Hungry Jack's outlets throughout Australia.
In 2012 Competitive foods Australia realized a revenue of AUD$ 1 billion (US$ 1 billion), with almost 10.000 employees.
Cowin also owns a meat processing business that exports throughout the world. And he is an investor with 40% of BridgeClimb. The business that operates walking tours over the Sydney Harbour Bridge.
Bridgeclimb itself made an estimated $10 million profit in 2002. Cowin also invested in Network Ten, the television broadcaster. We was selling out of his stake with a profit of around $100 million.
Cowin is an investor in the Lone Star restaurant chain in Canada. Lone Star Texas Grill owns and operates a network of more than 25 restaurants in Canada.
Australia’s Business Review Weekly latest rich list estimates the net worth of Mr Cowin at AUD$ 610 million. Which is more or less US$ 600 million. Forbes estimates his net worth at US$ 1.7 billion.
Jack lives with his wife Sharon Cowin in Point Piper, an exclusive residential area near Sydney. Most neighbors are billionaires.
We think he owns a private jet. But we have not been able to identify the registration number jet.
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Slipstream is a 60 meter (197 ft) motor yacht built at CMN Yachts. SLIPSTREAM is the largest motor yacht ever launched by the CMN shipyard (based in France).
She was delivered to her owner in 2009 and won the 2010 International Superyacht Society award for best yacht and best interior.
She is built of steel with an aluminum superstructure. She has an impressive black hull and silver superstructure. She has an interior designed by Andrew Winch Design.
She is powered by 2 Caterpillar engines. Which bring her a top speed of 17 knots. Her cruise speed is 15 knots. She has a range of 5,000nm.
Slipsream can accommodate up to 14 guests and a crew of 15. The yacht offers over 500 sqm of living areas and 200 sqm of outdoor decks.
The yacht features a sun-
Slip stream is available for charter at Burgess Yachts. And she is not listed for sale.
Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth and net worth.
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