ℝ𝕚𝕘𝕙𝕥 𝕨𝕚𝕟𝕘 𝕜𝕚𝕨𝕚 𝕓𝕦𝕤𝕚𝕟𝕖𝕤𝕤𝕞𝕒𝕟 𝕒𝕕𝕞𝕚𝕥𝕤 𝕥𝕠 𝕡𝕠𝕤𝕤𝕖𝕤𝕤𝕚𝕟𝕘 𝕔𝕙𝕚𝕝𝕕 𝕤𝕖𝕩𝕦𝕒𝕝 𝕒𝕓𝕦𝕤𝕖 𝕞𝕒𝕥𝕖𝕣𝕚𝕒𝕝

Sir Ron Brierley and his mate Mike Halliday

ℙ𝕣𝕠𝕞𝕚𝕟𝕖𝕟𝕥 ℕ𝕖𝕨 ℤ𝕖𝕒𝕝𝕒𝕟𝕕 𝕓𝕦𝕤𝕚𝕟𝕖𝕤𝕤𝕞𝕒𝕟 𝕊𝕚𝕣 ℝ𝕠𝕟 𝔹𝕣𝕚𝕖𝕣𝕝𝕖𝕪 𝕙𝕒𝕤 𝕡𝕝𝕖𝕒𝕕𝕖𝕕 𝕘𝕦𝕚𝕝𝕥𝕪 𝕥𝕠 𝕡𝕠𝕤𝕤𝕖𝕤𝕤𝕚𝕠𝕟 𝕠𝕗 𝕔𝕙𝕚𝕝𝕕 𝕤𝕖𝕩𝕦𝕒𝕝 𝕒𝕓𝕦𝕤𝕖 𝕞𝕒𝕥𝕖𝕣𝕚𝕒𝕝 𝕒𝕥 𝕒 𝕊𝕪𝕕𝕟𝕖𝕪 𝕔𝕠𝕦𝕣𝕥 𝕙𝕖𝕒𝕣𝕚𝕟𝕘 𝕥𝕙𝕚𝕤 𝕞𝕠𝕣𝕟𝕚𝕟𝕘.

Brierley pleaded guilty to three charges in the Downing Centre Local Court with a number of charges withdrawn.

Brierley's barrister admitted he possessed "some images" but the exact figure is "in dispute".

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The New Zealand businessman was arrested in December 2019 on six counts of possession of child abuse material.

Border officials had found child sexual abuse material on his laptop and electronic storage devices.

Brierley will be sentenced on 30 April.

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He was one of the best known New Zealanders of the 1980s and 1990s - never far from the headlines or a new business buy-up.

Brierley became both feared and revered in business circles for his shrewd ability to spot companies with untapped value, which he would then take over and turn around for vast profits.

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The "corporate raider" - as he's usually referred to - founded Brierley Investments, which was one of New Zealand's largest most successful and glamorous companies of the 1980s.

He was an expert at what admirers called "corporate rationalisation" - the ability to spot when to buy a company and reform it to extract more value.

The NBR's 2019 Rich List estimates Brierley's net worth is about $220 million, putting him at number 82 on the list of the wealthiest New Zealanders.

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