Joe Hockey is now the chair of a billionaire casino whale's family office
The former treasurer and US ambassador has built one of the most successful post-political careers in recent memory. But few could have predicted his latest move.
Joe Hockey has built one of the most successful careers of any former Australian politician. He parlayed his time as federal Treasurer into a stint at the US ambassador, where he became known as Australia's ‘Trump Whisperer’.
He later leveraged his relationships on both sides of the Pacific to launch corporate advisory firm Bondi Partners, which has advised top-tier clients ranging from private equity giant Blackstone to infant formula maker Bubs Australia, broadcaster ARN Media and real estate platform CoStar, among others.
So few would have guessed his next career move would be to help the little-known, 25-year-old son of a controversial billionaire Chinese property developer and high roller, who has variously fought with the Australian Tax Office (ATO), Star Entertainment Group and even Port Stephens Council, to invest his family's wealth.
Yet Capital Brief can reveal that’s exactly what Hockey has done, quietly accepting the chair role at the Lee Family Office (LFO), managed by Felix Lee, the son of billionaire Phillip Dong Fang Lee and his wife Xiaobei Shi.
