Todd Family Net Worth
Todd Family Net Worth: Todd Family is a New Zealander family of business people who has a net worth of $2.7 billion. The Todds have been engaged in business since 1870 when pioneer Charles Todd left Scotland to settle in Dunedin. In more than a century and a half, Charles and his descendants have been active in fellmongery, gold mining, stock and station agencies, car importation and distribution, motor vehicle assembly, petroleum distribution, electricity generation and capital investment, as well as gas and oil exploration, development and production. Nowadays, there are two key Todd businesses, both of which operate as subsidiaries of the Todd Corporation: Todd Energy and Todd Capital. The former deals with exploration and production of oil and gas, electricity generation and distribution of gas and electricity, whereas the latter specializes in making strategic investments in New Zealand and Australian companies, particularly in the areas of telecommunications and property. The corporation as a whole is controlled by Sir John D. Todd, its chairman who succeeded Sir Bryan Todd in 1987 right after his death.