Len Buckeridge’s son and long-time BGC director Andrew Buckeridge has died, aged 62

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Len Buckeridge’s son and long-time BGC director Andrew Buckeridge has died, aged 62

Perth businessman Andrew Buckeridge, the son of late construction billionaire Len Buckeridge, has died.

Andrew was an executor of his father’s $2 billion-plus estate and a director of major companies in the family’s BGC empire for more than three decades until he resigned in June last year.

Andrew and his will co-executor, younger brother Sam, still had not completed their ***** of the building materials, construction and property empire controlled by Len when he died March 2014. Len was 77.

Andrew died last week. He was 62.

Sam and Andrew were the major beneficiaries in Len’s will. But the billionaire’s estate was tied up in a trust structure and the executors had to consider the entitlements of Len’s three other children, step son Julian Ambrose, his wife Siok Puay ‘Tootsie’ Koh and eight grandchildren.

Facing a variety of challenges and difficulties with the complex structure, Andrew and Sam decided to sell the BGC empire in 2018.

Then after four years of being unable to offload the BGC assets to a single buyer, they decided in 2022 to sell smaller piece as the Perth housing market showed signs of recovery from a long slump.

Mr Ambrose, who had been a trust lieutenant of his step father, agreed last year with Sam and Andrew to buy the BGC construction and pre-cast concrete business.

BGC and the family have been contacted for comment.

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