The company was founded by the late, Bill Wyllie, who developed a business with strong financial footings and enduring investment philosophy. Dubbed the ‘Smiling Tiger’ by the Chinese Press and the ‘Dollar Bill’ by the British Press, the Perth born Bill Wyllie made a career of restoring ailing companies.
Bill Wyllie was based in South East Asia for almost 38 years, where he was approached by a selection of struggling companies. He was inspired to achieve the impossible, by rescuing each company from crippling debt and leading them to a profit-making success. During this time, he retained an active involvement in the Australian investment market, through the medium of his private investment company, Wyllie Group Pty Ltd.
In 1992, Bill Wyllie moved home permanently to Australia with the intent to spend more time with his family and focus on the development of Wyllie Group Pty Ltd. Soon after their return, Bill Wyllie’s wife Rhonda, was appointed as a director of the company. Within the next few years, their children, Melissa and Luke Wyllie, were also brought on as directors. Bill Wyllie appointed his daughter, Melissa, as Managing Director of the company in 2005.
After a long battle with cancer, Bill passed peacefully with his family by his side in early 2006. During this difficult time, Rhonda & Melissa together upheld Bill’s legacy in leading the Wyllie Group. The strong family presence in the company continued when in 2010, Rhonda’s brother Wayne McGrath, was appointed as Executive Chairman. To this day, Rhonda and her family have had active roles within the company and in particular, much involvement on the board.
Bill Wyllie always believed that ‘Whatever business you are in, you are in the people business and that is as good as you get’. The company will endeavour to continuously retain the strong traditions developed by Bill Wyllie.