Brian White AO, joint-chairman of the Ray White Group, accepted the award on behalf of the family.
The EY Entrepreneur Of The Year program is considered the world’s most prestigious business award and is held in more than 145 cities and over 60 countries worldwide.
In selecting the recipient of this award, EY gathered information on all the large family businesses in Australia which are in the third or later generation of ownership.
“EY’s recognition that we have really attempted to preserve family values through succeeding across generations is fantastic for our company. Ray White is a collection of families, and together we represent family values – which was critical in the assessment of the inaugural winner,” Brian said.
Tony Johnson, EY Oceania Managing Partner and CEO said family businesses face unique challenges. “The White family has navigated these challenges with great success for three generations. Ray White Group is a testament to the economic and social value that entrepreneurial families contribute.”