![]() The Dial-a-Dump founder, who sold the company for $578 million in 2018 to Bingo Industries, has become a rare breed among his fellow multimillionaires in recent years by opting to rent rather than own his own home. Palm Beach’s Snapperman Beach is crammed full of holiday goers from the eastern suburbs, including the most recent arrival, Ian Malouf. Malouf declined to comment on the purchase, saying that he didn’t know that information was out yet, and settlement would reveal the price. The beachfront house in the exclusive Sydney suburb has long been owned by the McNiven family, bought in 1997 for $2.06 million and held by late businessman John McNiven until recently, when Malouf negotiated to buy it directly. ![]() ![]() Rich List garbo-turned-yacht broker Ian Malouf has joined the crush of prominent eastern suburbs families on Palm Beach’s Snapperman Beach, buying a weekend getaway for about $20 million.
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