Ex-Truck Driver’s Wealth Gets Hefty Boost After Reynolds IPO (2)

Graeme Hart was once a high school dropout working as an auto-body repairman and truck driver.

Today he’s New Zealand’s richest person, thanks to a career in private equity, with a taste for super-yachts, submarines and superhero-themed pinball machines.

Graeme Hart

Photographer: Jack Atley/Bloomberg

Last week, his fortune got a boost after the stock-market debut of Reynolds Consumer Products Inc., the maker of Hefty trash bags and aluminum foil. The shares climbed 9.8% to close at $28.55 Friday, valuing his stake in the company at $4.4 billion, according to the Bloomberg Billionaires Index. The advance continued Monday, with the stock rising an ...