Michael Hill (entrepreneur)

Michael Hill (entrepreneur)
Michael Hill
Born 1938 (age 72–73)
Whangarei
Nationality New Zealand New Zealand
Citizenship New Zealand
Known for Jewellery business
philanthropy
Spouse Christine Roe
Children one daughter, one son
Awards New Zealand Order of Merit (2001)
New Zealand Entrepreneur Of The Year (2008)

Sir (Richard) Michael Hill, KNZM (born 1938 in Whangarei) is a New Zealand jeweller, entrepreneur and philanthropist who founded global jewellery retailer Michael Hill Jeweller in 1979 and continues to serve as its chairman. He currently resides in Arrowtown and was Ernst & Young's 2008 Entrepreneur Of The Year in New Zealand.

Contents

Early life and career

Hill left school at 16 to pursue a career as a concert violinist but a year later was told he would have had to start much younger in life to be a noteworthy musician.[1] Hill abandoned his hopes of a career in music and started working for his uncle, Arthur Fisher, at the family jewellery store. He performed well as a salesman and window dresser, winning international awards for his efforts in the latter.[2] He later took over the store's newspaper and radio advertising, drawing attention to the business with bizarre themes for the advertisements,[1] and was later promoted to manager.

In the spring of 1964, while working in the store, Hill met Christine Roe, an English woman who taught art at a local high school. They married in March 1965 and had two children, Mark (born 1969) and Emma (born 1972).

On 1 October 1977, the house that had taken them four years to build was destroyed in a fire.

Michael Hill Jeweller

Michael Hill and family standing outside the entrance of their first jewellery store
Michael Hill and family in front of their first store

Following this setback, Hill re-assessed his life. With the help of a friend, he tried to buy his uncle's business, but the uncle refused to sell. On 13 May 1979, Hill opened his own jewellery store nearby, calling it Michael Hill Jeweller.[1] One of his main points of difference was to limit his store's product range to jewellery items, dispensing with silverware, clocks, porcelain and glassware commonly found in other jewellery stores at the time.[1]

Hill had set himself a goal of "seven stores in seven years"[1] and in 1986 he exceeded that, opening his eighth store in Newmarket.

On 9 June 1987, Hill floated Michael Hill Jeweller on the New Zealand Stock Exchange, raising enough capital to expand the business locally and into the Australian market where the company opened four stores in Brisbane later that year.

In 1988, Hill set himself and his company another goal: "70 shops in seven years". This goal was also achieved.[2]

In 2002, the goal of opening 1000 stores by 2022 was established by Hill, with the further aim of taking the brand global.[2] During that same year, the company opened its first three stores in Canada,[2] and by the end of 2009 the company had 242 stores in Australia, Canada, New Zealand and the United States.[citation needed]

Personal life

Michael Hill married Christine Roe in March 1965. Their son, Mark Hill, was born in 1969. Their daughter, Emma Hill, was born in 1972.[2]

Philanthropy

Although he didn't become a concert violinist, Hill has maintained a strong love for the violin his entire life and continues to play. In 2001 he founded the biennial Michael Hill International Violin Competition "for emerging young violinists".[3] The winner of the competition receives a substantial cash prize, a recording deal for international distribution and a "Winner's Tour" in which the competition winner performs in concert halls around New Zealand and Australia in the calendar year following the competition.[4]

The Hills Golf Course

After buying a run-down farm in Arrowtown, Hill's interest in golf grew to the point where he built his own 18-hole golf course called The Hills on the property. Built in to the course is a unique two-thirds underground clubhouse designed by Auckland architects Patterson Associates. The clubhouse won the New Zealand Institute of Architects Supreme Architectural Award in 2008 and was a finalist in the World Architecture Festival in 2008 in Barcelona.[5] [6]

New Zealand Open

The 2007, 2009 and 2010 New Zealand Open golf tournaments were held at The Hills.[7]

VvS1 Yacht

In April 2007, Hill launched the VvS1, a 112-foot super yacht built for luxury charters in the South Pacific. Designed by Hill and his wife, Christine, the vessel won three awards in the 2008 World Yacht Awards in Cannes: Best Motor Yacht, Best Interior and Best Functionality.[8]

Books

Hill has had two books published about succeeding in business. The books use stories from his own life to illustrate his points about achieving success.

  • HELLO - Michael Hill Jeweller was published by Penguin Books in 1994.[1]
  • Toughen Up: What I've learned about surviving tough times was published by Random House in 2009.[2]
  • think BIGGER: How To Raise Your Expectations And Achieve Everything was published by Random House in 2010.

Recognition

On 31 December 2001, Hill was awarded the Companion New Zealand Order of Merit "for services to business and the arts."[9]

Hill received Ernst & Young New Zealand's Entrepreneur Of The Year award in 2008.[10] The awards "acknowledge the accomplishments of entrepreneurs and celebrate the contribution they are making to New Zealand’s economy and society".[10]

He received the honour of Knight Companion of the New Zealand Order of Merit in the 31 December 2010 New Year Honours list.[11]

External links

References

  1. ^ a b c d e f Hill, Michael; Bryan Staff (1994). HELLO - Michael Hill Jeweller. New Zealand: Penguin Books (NZ) Ltd. ISBN 0-670-86033-6. 
  2. ^ a b c d e f Hill, Michael; Claire Harvey (2009). Toughen Up: What I've learned about surviving tough times. New Zealand: Random House New Zealand. ISBN 978-1-86979-046-2. 
  3. ^ "Michael Hill International Violin Competition - The Michael Hill Story". http://www.michaelhillinternationalviolincompetition.com/index.php/pi_pageid/106. Retrieved 24 May 2010. 
  4. ^ "Michael Hill International Violin Competition - 2011 Competition Prizes". http://www.michaelhillinternationalviolincompetition.com/index.php/pi_pageid/146. Retrieved 24 May 2010. 
  5. ^ Turner, Greg (November 2007), "A world class golfing experience", The Cut (New Zealand): 24–26, http://www.thehills.co.nz/media/thecut-nov7.pdf, retrieved 10 May 2010 
  6. ^ "A double honour for New Zealand architect". http://mch.govt.nz/blog/2008/07/30/a-double-honour-for-new-zealand-architect/. Retrieved 6 May 2010. [dead link]
  7. ^ COWLISHAW, SHANE (1 Feb 2010). "Hills aims for a par 2011". The Southland Times. http://www.stuff.co.nz/southland-times/sport/3280040/Hills-aims-for-a-par-2011. Retrieved 10 May 2010. 
  8. ^ "diamond", M2 Magazine (New Zealand), 29 September 2008, http://www.yachtvvs1.com/media/M2_Luxury_Yacht.pdf 
  9. ^ "DPMC - New Zealand Honours". http://www.dpmc.govt.nz/honours/lists/list.asp?id=5. Retrieved 30 April 2010. 
  10. ^ a b "Ernst & Young Entrepreneur Of The Year 2008 Category Winners". http://www.ey.com/NZ/en/Newsroom/News-releases/Press-Release---Ernst---Young-Entrepreneur-Of-The-Year-2008-Category-Winners. Retrieved 30 April 2006. 
  11. ^ "New Zealand New Years Honours 2011". Department of Prime Minister and Cabinet. 31 December 2010. http://www.dpmc.govt.nz/honours/lists/list.asp?id=49. Retrieved 31 December 2010. 

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