Les Mills will: Daughter inherits shares and bulk of fitness founder’s estate
The late Les Mills, founder of the global fitness empire, bequeathed his remaining shares in Les Mills International and significant personal assets to his daughter, Donna Mills-McArtney. His son, Phillip Mills, was granted the intellectual property rights associated with the brand.
Why it matters
The distribution of assets within a major global fitness brand provides insight into the succession planning of a prominent family-founded business.
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Former Olympian and ex-Auckland Mayor Les Mills left his remaining stake in the global fitness empire bearing his name and the bulk of his estate to his only daughter, according to his newly released will.
The four-page will, released by the High Court in Wellington, reveals Mills left his few remaining shares in Les Mills International, along with two Auckland properties and much of his personal estate, to daughter Donna Mills-McArtney.
On June 29 this year, Leslie Roy Mills, the successful businessman, father, grandfather and great-grandfather, died peacefully in Pt Chevalier , aged 91.
He founded Les Mills International in 1968. It now has more than 22,000 partner gyms and fitness centres in 100 countries, and recently appointed a new CEO in the form of telco One NZ’s Jason Paris .
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