Maurice Alter

Property developer Maurice Alter owns Melbourne-based Pacific Group. The business, including a development and construction arm, EPC. Pacific, is run by his son Sam Alter. After immigrating to Australia from Poland, Maurice bought his first property in the 1950s and established Pacific Shopping Centres in 1979.Shopping mall redevelopments and expansions, plus surging prices on Australia's east coast, have underpinned the group's value.