Saunders left the partnership in 1987, selling his shares. Meanwhile Lowy spread the company to New Zealand (in the 1990s) and the United Kingdom (in the 2000s). He left his position as Executive Chairman of the company when he turned 80 (in October 2010), taking on the role of Non-Executive Chairman and making his sons, Steven and Peter, joint Chief Executives. Thanks to his growing wealth, Lowy has been listed on the BRW Rich 200 every year, ever since its first release in 1983. In 2010, he was named Australia’s richest person after Lowy’s wealth was estimated at A$5.04 billion by the Business Review Weekly.