Eddy Groves

Quick Facts

Full Name	Eddy Groves
Occupation	Founder
Date Of Birth	Jun 16, 1966(1966-06-16)
Age	58
Birthplace	Durban
Country	South Africa
Birth City	KwaZulu-Natal
Horoscope	Gemini

Eddy Groves Biography

Eddy Groves is one of the most popular and richest Founder who was born on June 16, 1966 in Durban, KwaZulu-Natal, South Africa.

Edmund Stuart “Eddy” Groves (born 16 June 1966) is an Australian businessman, founder and former chief executive officer of ABC Learning, once one of Australia’s largest companies and one of the world’s biggest childcare providers prior to going into administration. In January 2013 Groves was declared bankrupt.

In 1985, at the age of nineteen, Groves married Le Neve, with whom he has two daughters. The couple split in the late 1990s, with his wife gaining custody of the children. She sued her former husband for “unjustly enriching himself” while he was in control of ABC. Groves left ABC with a multibillion-dollar debt, amidst allegations of poor financial management and related questionable financial dealings.

Eddy Groves Net Worth

Eddy Groves is one of the richest Founder from South Africa. According to our analysis, Wikipedia, Forbes & Business Insider, Eddy Groves 's net worth $5 Million. (Last Update: December 11, 2023)

Eddy Groves was born in Durban, South Africa, to a soldier and a schoolteacher. The family returned to Canada in late 1966. A further relocation in July 1968 found the family on the West Coast, at Victoria, British Columbia. Groves had arrived in Australia by 1970 and settled in Queensland. He was educated at Padua College in Brisbane.

Height, Weight & Body Measurements

Eddy Groves height Not available right now. Bob weight Not Known & body measurements will update soon.

Who is Eddy Groves Dating?

According to our records, Eddy Groves married to Le Neve Groves divorced, late 1990s, Viryan Collins-Rubie. As of December 1, 2023, Eddy Groves’s is not dating anyone.

Relationships Record : We have no records of past relationships for Eddy Groves. You may help us to build the dating records for Eddy Groves!

On 6 November 2008, ABC Learning Centres Ltd voluntarily appointed administrators for the ABC Group.

Facts & Trivia

Bob Ranked on the list of most popular Founder. Also ranked in the elit list of famous people born in South Africa. Eddy Groves celebrates birthday on June 16 of every year.

Even though Groves stated to the ASX that ABC had complied with its financial obligations, there was concern that several directors had sold shares in the days leading up to the announcement, before the price fell, and that Groves had not fully revealed the effect that the stock losses would have on the business through the effect of margin calls by lending partners. At the end of February 2008, the ASX was reported to be watching activity closely.

What did Eddy Groves do?

In January 2011, Groves was charged with “ aiding an alleged dishonest use of position by fellow ABC Learning director Martin Kemp ” in regards to the sale of three childcare centres to ABC Learning by Kemp.

What happened to Eddy Groves?

The former owner of ABC Learning Centres, Eddy Groves, is homeless, bankrupt and reportedly owes creditors more than $31 million. The remarkable decline of Groves has been well publicised, but the full extent of his situation is only just coming to light.

Who owns ABC childcare?

TypePublic company
Owner| Goodstart Early Learning

How many goodstart Centres are there in Australia?

We have more than 640 locations around Australia, so you are likely to find a child care centre that works for you. Whether you’re looking for something close to home, close to work or close to friends and family, we can direct you to an early learning centre in your vicinity.

Is goodstart not for profit?

At Goodstart, we’re all about laying the foundation for better lives through great early learning experiences. We’re entirely Australian owned and not- for profit with every dollar we spend directed towards helping children reach their full potential.