The Warehouse founder Sir Stephen Tindall inspired by Warren Buffett and Bill Gates' philanthropy
Friday, 28 December 2018
The Warehouse founder and philanthropist Sir Stephen Tindall has been made a Knight Grand Companion of The New Zealand Order of Merit in the New Year honours list.
The award honours his contribution to the community, business, international trade and commerce, and the environment in New Zealand for more than 40 years.
This is Tindall's fifth major accolade, but the entrepreneur said all his awards only made him want to achieve more.
'It's quite humbling really, because it's a step up from the last knighthood I got so I felt that I needed to accept it, do the right thing,' Tindall said.
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Tindall founded The Warehouse Group in 1982 and established the Tindall Foundation, one of New Zealand's leading philanthropic foundations that has since donated more than $145 million towards strategies to improve communities and the environment.
He founded K1W1, the Tindall family's $250m seed and venture capital fund, which has invested in more than 200 start-up and early stage business in biotech, clean tech, high tech, and environmental technologies.
Tindall said his biggest inspirations were his parents for their work ethic and entrepreneurs Warren Buffett and Microsoft founder Bill Gates for their philanthropy.
'When we were kids there wasn't much money in the family, they both worked incredibly hard, my mum looked after us but also ran her own hair dressing salon from home. Dad had a number of jobs working from home.
'More recently, following the examples of Warren Buffet and Bill Gates with the way they've been giving away their fortunes and doing some really remarkable things globally, that's been a bit of an inspiration.'
Buffett and Gates have collectively donated about US$65 billion (NZ$97b) in their philanthropy work.
Tindall was appointed a Distinguished Companion of the New Zealand Order of Merit for his services to business and the community in 2007, later re-designating as a Knight Companion in 2009, and has continued to contribute in a range of roles since that time.
Tindall has provided sponsorship to Team New Zealand in contesting the America's Cup and as chair of Team New Zealand is currently involved in preparing Auckland to host a defence of the cup.
He chaired the Growth and Innovation Advisory Board from 2007 to 2009, the Climate Change Leadership Forum from 2007 to 2009, and the Broadband Investment Forum from 2008 to 2009.
He also chaired the Job Summit Working Group in 2009, with a particular focus on Auckland, including an involvement co-funding the mayor's taskforce on jobs.
Tindall helped establish Trees That Count, which have planted more than 11 million trees across New Zealand in the past year.
The goal is to plant 200 milllion trees in the next decade, Tindall said.
'All the environmental work, won't really show the major benefits for 10 or 15 years. Unfortunately there aren't any quick fixes for anything we're doing but it just gives me a lot of hope for the future.'
Tindall has also been a member of the World Business Council for Sustainable Development and remained involved as a co-founder and chair of Kiwi Expat Association until 2012.
Honours and Awards
Kiwibank New Zealander of the Year, 2015
Redesignated as Knight Companion of the New Zealand Order of Merit, 2009
Distinguished Companion of the New Zealand Order of Merit, Queen's Birthday 2007
Officer of the New Zealand Order of Merit, Queen's Birthday 1997