Enabling intergenerational prosperity
We're proud of what Rangatira has achieved over the past 80+ years. Our vision is to enable intergenerational prosperity and grow that legacy of good. We don't believe in profit for profit’s sake. Our goal is to leave New Zealand better off with our contributions.
From the outset, Rangatira has had charitable shareholders, has invested in New Zealand businesses and has provided our charitable shareholders a permanent income stream. That model endures today.
Profit with purpose
Profit with purpose
With a 44% shareholding in Rangatira, our longest-standing and principal shareholder is the J R McKenzie Trust, ensuring our profits can deliver social good.
McKenzie family legacy
Sir John Robert (J R) McKenzie
One of seven children of Scottish immigrants, John was born in Melbourne, Australia in 1876. He served in the Victoria Bushmen’s Regiment during the Boer War until he was invalided home in 1901. In 1905, he established a ‘fancy goods’ store with his sister Ella which proved so successful, the pair quickly expanded inter-state. After holidaying in New Zealand in 1909, John decided to transfer his business and the first Aotearoa-based McKenzie’s Store was opened in Dunedin. John McKenzie believed that a business should share its prosperity with those who had helped to make it prosperous.
Sir Roy McKenzie
Born in 1922, Roy McKenzie attended Timaru Boys High School and Otago University, where he studied accountancy. During the Second World War he served in the RNZAF and the RAF. In 1948, Sir Roy married Shirley Howard. Together they had three children, Peter, John and Robyn, and nine grandchildren. From 1949 to 1970 he was the Executive Director for McKenzie’s (NZ) Ltd.
As the heir to the McKenzie’s retail empire, Sir Roy pledged more money than most people will ever earn and is known as one of the great New Zealand philanthropists.