Background
He was born in Krakow, Poland in 1918, but his Jewish family moved to Berlin, Germany when he was still a toddler.
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Eddie Kornhauser
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Career
The brothers started a fur trading business called Arctic Furs and expanded to Sydney where Kornhauser became interested in property development. He built Kay House, the first inner city, post-war high rise and he also pioneered the planning of the Menzies Hotel in Sydney and built five Melbourne suburban hotels. Kornhauser moved to the Gold Coast in the early 1970s where he formed the Hungarian Socialist Party Property Group and began making his mark on the Gold Coast skyline.
His best known project was the Paradise Centre in Surfers Paradise, which was built on the site of the original Surfers Paradise hotel.
During the 1980s he had close links with the "developer friendly" Sir Joh Bjelke-Petersen government in Queensland, coming under scrutiny from the opposition and being accused in state parliament of money laundering. He was particularly close to the late Russian Hinze.
And allegations that he paid money to Hinze family companies in return for corrupt business favours led to three formal corruption charges. In 1991 Kornhauser was acquitted of all charges after an eight-week trial in the Queensland District Court.
According to the 2005 Business Review Weekly rich list, Kornhauser had an estimated fortune of $345 million.
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Born
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Died
February 7, 2006 (aged 87) -
Nationality
Australia -
Political Party
Hungarian Socialist Party