Dick Smith (businessman) facts for kids

Quick facts for kids Richard "Dick" Smith AC
Smith in 2013
Born	Richard Harold Smith (1944-03-18) 18 March 1944 (age 81) Roseville, New South Wales, Australia
Education	North Sydney Technical High School
Known for	Entrepreneur, aviator
Spouse(s)	Philippa Aird McManamey
Children	2
Awards	Companion of the Order of Australia

Richard Harold Smith AC (born 18 March 1944) is an Australian entrepreneur and aviator. He is the founder of Dick Smith Electronics, Australian Geographic and Dick Smith Foods. Smith has had a long interest in aviation and holds a number of world records in the field. A major philanthropist, he supports a number of charities and conservation efforts.

In 2015, he was awarded the Companion of the Order of Australia. He is a fellow of the Committee for Skeptical Inquiry.

Early life

Smith's father was a salesman and sometime manager at Angus & Robertson's bookstore. He started a business that failed when Smith was 17. His mother was a housewife and his maternal grandfather pictorialist photographer Harold Cazneaux.

As a child, he encountered serious academic difficulties, and having a speech defect, called himself "Dick Miff". From his home in East Roseville, Smith attended primary school at Roseville Public School at which, for the fifth grade, he ranked academically 45th in a class of 47. He attended North Sydney Technical High School. After three years of French, he managed only 7% in the Intermediate Certificate examination. He went on to complete his Leaving Certificate in 1961.

He joined the 1st East Roseville Scout Group as a Wolf Cub in 1952, aged 8 and later as a Boy Scout and Rover until 1967, earning the Baden-Powell Award in 1966.

Smith gained his amateur radio licence at the age of 16. He holds call sign VK2DIK. In his early 20s, Smith worked as a taxi radio repair technician for several years.

Business ventures

Electronics

In 1968, with a A$610 investment by him and his then-fiancée Pip, Smith founded Dick Smith Car Radios, a small taxi radio repair business in the Sydney suburb of Neutral Bay, New South Wales, then later expanded into the car radio business at Gore Hill, naming himself the "Car-Radio 'Nut'". This business later became electronics retailer Dick Smith Electronics which grew rapidly in the late 1970s, particularly through sales of Citizens Band radios and then personal computers, with annual sales of about A$17 million by 1978.

Smith took the business into Asia in 1978, opening a store in Ashley Road, Tsim Sha Tsui, Hong Kong's tourist shopping hub, and publishing an international catalogue edition until the store closed in 1980.

In 1980, he sold the business to Woolworths for A$25 million. Though Smith retained no shares nor role in the company after 1982, the business continued to trade with his name prominently displayed in every aspect of its operations. Sales reached A$1.4 billion in 2014, before a sharp decline and closure of its then hundreds of stores in Australia and New Zealand by May 2016.

Publishing and film

Australian Geographic

In 1986, Smith founded Australian Geographic Pty Ltd, which published the Australian Geographic magazine, a National Geographic-style magazine focusing on Australia. Smith did not want to greatly expand Australian Geographic, but his friend and CEO Ike Bain persuaded him to change his mind and soon it was a successful business. He sold the business to Fairfax Media in 1995 for A$41 million.

Film production

Smith co-produced the documentary First Contact, in 1983, recounting the discovery, in 1930, of a flourishing native population in the interior highlands of New Guinea. The film went on to win Best Feature Documentary at the 1983 Australian Film Institute Awards and was nominated for an Academy Award for Best Documentary Feature.

Australian products

Smith founded Dick Smith Foods in 1999, a response to foreign ownership of Australian food producers, particularly Arnott's Biscuits, which in 1997 became a wholly owned subsidiary of the Campbell Soup Company. Dick Smith Foods only sold foods produced in Australia by Australian-owned companies and all profits went to charity.

In 2018, Smith announced closure of the business in 2019, having distributed over A$10 million in profits to charity, citing aggressive competition from German-owned Aldi through a strategy including low-cost imports notwithstanding Aldi's claim to operate an Australian-first buying policy.

Aviation regulation reformist

Smith has been an advocate for the civil aviation industry in Australia, having been appointed by Prime Minister Bob Hawke to be chairman of the board of the Civil Aviation Authority (CAA) from February 1990 to February 1992. He also served as deputy-chairman and chairman of the board of the Civil Aviation Safety Authority (CASA, the CAA's regulatory successor after the 1995 de-merger of the government's aviation operations including air traffic control) from 1997 until his resignation in 1999. During his CAA tenure, a comprehensive reform plan (including the Class G Demonstration airspace reform) was devised to improve safety, streamline bureaucracy and reduce costs but, facing opposition from the incumbent commercial operators, particularly Qantas and Ansett, it was never implemented. Smith claimed this was because there was resistance to increased competition in the market. Smith faced the same obstacles as head of CASA and left, concluding that his work there had failed.

Smith has campaigned ever since for the reining in of over-regulation of the industry, particularly of flight training operators where layers of compliance costs associated with instructor status, approvals to carry out training and aircraft airworthiness have been blamed for ultimately crippling the Australian aviation industry. In October 2015, he recommended a mass exit from the industry: "I absolutely recommend that people get out of aviation as quickly as they can, sell up their businesses and close down".

Aviation and adventures

Having developed a taste for outdoor adventures in the Scouts, Smith trained to acquire a pilot licence and went on to establish several long-distance flight records.

Smith's map of adventures as a pilot, 1964–2013 (Will Pringle)

Smith's first significant adventure was in 1964 when he sailed with a group of Rover Scouts to Ball's Pyramid in the Pacific Ocean. Failing to top it on this occasion, Smith returned in 1980, completed an ascent and, together with Hugh Ward and John Worrall, formally claimed the land for Australia by unfurling the New South Wales state flag. He went on, in 1988, to sue the state government over its ban on recreational climbing of the spire. His action was taken when the government refused an application by Greg Mortimer, the first Australian to climb Mt Everest, to make the climb.

Smith learned to fly in 1972, graduating to a twin engine Beech Baron. In 1976, he competed in the Perth-to-Sydney air race.

Smith conceived and initiated airline flights over Antarctica. His first flight was made by a chartered Qantas aircraft on 13 February 1977. In August the same year, Smith chartered another jumbo, this time to take paying passengers on a 10-hour, 5,000 km flight over the Red Centre of the Outback in search of Lasseter's fabled but lost reef of gold. The search, attended by Lasseter's son Bob and Aboriginal tracker and artist Nosepeg Tjunkata Tjupurrula, found nothing.

At the age of 34, he purchased his first helicopter, a Bell Jetranger II, and, on 23 February 1979, obtained his licence to fly it. In January 1980, with Rick Howell co-piloting the Jetranger, he made a record-setting flight from Sydney to Lord Howe Island and returned (1,163 km).

Forced down north of Hudson Strait (1982)

In 1982–83, Smith successfully completed the first solo helicopter flight around the world. His flight began in Fort Worth, Texas, on 5 August 1982, in a newly purchased Bell Jetranger 206B.

For the next 20 years, Smith would come to hold several other world aviation records, made in rotary and fixed-wing aircraft and beneath balloons:

• First solo circumnavigation by helicopter (1983)
• First helicopter to the North Pole (1987)
• First circumnavigation landing at both poles (1989)
• First non-stop balloon crossing of the Australian continent (1993)
• First east-west circumnavigation by helicopter (1995)
• First Trans-Tasman balloon flight (2001)

On 19 August, the 50th anniversary of James Mollison's solo crossing of the Atlantic, Smith completed the first solo Atlantic crossing in a helicopter when he arrived at Balmoral Castle, United Kingdom to be greeted by a waiting (then prince) King Charles III., then to London and Sydney, Australia, where he arrived on 3 October 1982, 23,092 km later. On 25 May 1983, the final stage of the flight started. Not being granted permission to land in the Soviet Union, he arranged to land on a ship to refuel. His journey ended on 22 July 1983, the 50th anniversary of Wiley Post's solo aeroplane flight around the world on 22 July 1933.

Smith made the first helicopter flight to the North Pole, upon his third attempt in his Jetranger helicopter. In 1986, he had to give up 670 kilometres short of his destination because his navigation equipment was beginning to fail and visibility had dropped to almost zero. He failed once more, before his successful flight on 28 April 1987. The flight was made possible by having fuel delivered in a DHC-6 Twin Otter for refuelling in parts of the Arctic Circle.

In 1988–89, Smith flew a Twin Otter aircraft VH-SHW, landing at both the North and South Poles, making him the first person to complete such a circumnavigation. The flight followed the "vertical" South-North-South track, (keeping broadly between 80 and 150 degrees E, heading south, and 60 and 100 degrees W, heading north) departing Sydney, Australia, on 1 November 1988, and returning on 28 May 1989. The journey included the first flight made from Australia to the Australian Antarctic Territory.

In August and again in October 1989, Smith, piloting his own helicopter, initiated and conducted searches in remote tracts of the Simpson Desert for the first stage of the Redstone Sparta rocket which had carried Australia's first satellite into orbit, making the nation only the fourth to succeed in doing so, on 29 November 1967. His search was ultimately successful, the relic recovered in an elaborate 22-person overland expedition the following year and placed on display in Woomera.

In October 1991, Smith was the second person to fly over Mount Everest. Dick and Pip Smith circled the summit in his Cessna Citation, taking photographs.

Smith and his co-pilot John Wallington made the first balloon flight across Australia, in a Cameron-R77 Rozière balloon, Australian Geographic Flyer, on 18 June 1993, for which he received the Commission Internationale d'Aerostation (FAI Ballooning Commission)'s 1995 Montgolfier Diploma. In November of the same year, Smith broke the record for a purely solar-powered vehicular crossing of the Australian continent. Driving the Aurora Q1 for eight-and-a-half days, he completed the 2,530-mile (4,070 km) journey from Perth to Sydney at an average speed of 31 miles per hour (50 km/h). The vehicle was equipped with 1,943 solar cells epoxied to its fibreglass shell, with lead-acid and lithium-thionol batteries for storage, producing a maximum of 1.4 kW. He achieved a 20-day reduction in the record previously set by Hans Tholstrup and Larry Perkins 12 years earlier in The Quiet Achiever.

In June 1995, Smith completed another helicopter flight around the world, this time with his wife Pip. He bought a twin-engine Sikorsky S-76. At their journey's end, Dick and Pip had completed the first east to west helicopter flight around the globe, flown more than 39,607 nautical miles (73,352 km). The same year, he climbed the most remote of the seven summits, Carstensz Pyramid in Irian Jaya with Peter Hillary and Greg Mortimer.

On 7 January 2006, Smith flew his Cessna Grand Caravan from Sydney to Hari Hari on the West Coast of New Zealand's South Island to mark the 75th anniversary of the first solo trans-Tasman flight by Guy Menzies in 1931.

Stunts

Smith has also attempted a number of well-publicised practical jokes, including the April Fool's Day attempt to tow a purported iceberg from Antarctica into Sydney Harbour in 1978, a new source of fresh water. In the 1970s, Smith appeared on a pogo stick on various television programs, including Channel 9's Chris Kirby Show, as a promotional gimmick. In the early 1980s, Dick Smith organised the humorous promotional stunt in which a London double-decker bus jumped 16 motorcycles, an inversion of Evel Knievel's 1979 motorcycle jump over buses during an Australian visit. The bus was driven by adventurer Hans Tholstrup and Smith, who had been set up as its conductor, decided at the last minute to stay on board during the jump.

Writing

Dick wrote several books about his trips and the challenge facing his country.

Philanthropy

Dick Smith (right) with his daughter

Beginning with his first charter in February 1977, Smith's Antarctic flights (operated by Qantas) had raised A$70,000 for charities including the Muscular Dystrophy Association, Foundation for National Parks & Wildlife (then of New South Wales) and Australian Museum over the following year.

..... In 1988, he published and distributed over 100,000 copies of Truth an Ad magazine delivering that message, and ran anti-tobacco industry ads in newspapers. In 1985, Smith conceived, organised and led the first of what was to become a major annual motoring event, the B to B Bash, the proceeds of which go to Variety, the Children's Charity. Smith's Bourke to Burketown route through remote areas of the Outback raised A$250,000 while a total of over A$200 million has been raised for the charity by the event in the past 30 years.

In 1987, Smith established the Australian Geographic Society Adventure Awards and is patron of the society. As its chairman, he initiated and led the restoration of polar adventurer Sir Hubert Wilkins' childhood home near Mt Bryan, South Australia, a nine-year project completed in 2001.

Smith became a major philanthropist after the sale of his electronics business, contributing A$1 million yearly, including the Salvation Army, the Australian Lions Foundation, Rotary Australia World Community Service, Country Women's Association, The Scout Association of Australia, Wild Care Inc. of Tasmania and the Australian Indigenous Education Foundation. The construction of an orphanage and library at Onaba, in the Panjshir Valley, Afghanistan, was substantially funded by Smith.

In October 2017, Smith made a A$250,000 donation to the Namatjira Legacy Trust as part of a settlement negotiated by him for transfer from commercial interests of all copyright in the works of Albert Namatjira, to the benefit of Namatjira's descendants and the Aboriginal community at large.

Smith has been consistently openly critical of tax evasion by the wealthy and their failure to be active in philanthropy, cajoling billionaires Rupert Murdoch and Harry Triguboff to do more.

Involvement in public affairs

In addition to his two terms of office heading the Australian Civil Aviation Authority (CAA) and Civil Aviation Safety Authority in the 1990s, Smith has engaged in a diverse range of civic activities.

Smith is a founder and a patron of the Australian Skeptics. In July 1980, Smith collaborated with renowned sceptic James Randi to test water divining, offering a prize of A$40,000 for a successful demonstration.

Within days of Australian Prime Minister Paul Keating's 1995 parliamentary announcement of his intention to make Australia a republic by 2001, public opinion was found to favour Smith as the nation's first president.

Then Prime Minister John Howard appointed Smith founding chairman of the National Council for the Centenary of Federation in December 1996 and he served till February 2000.

In early 2005, Dick Smith gave public support to the longest-detained asylum seeker, Peter Qasim, including offering to visit India to find evidence to support Qasim's claims. Qasim was later released on the night of 16 July 2005, after 6 years and 10 months in detention, as a result of Immigration Minister Amanda Vanstone giving him a temporary visa, allowing him to live in the community and receive welfare, but allowing the government to deport him if and when another country will accept him.

In response to a large increase in pertussis cases during a 2008–09 outbreak, Smith funded a national ad in The Australian encouraging parents to "Get The Facts" and derided the Australian Vaccination Network as an anti-vaccination organisation.

In November 2009, he paid a large share of the ransom to free Australian photojournalist Nigel Brennan and Canadian journalist Amanda Lindhout who were both being held hostage in Somalia.

In February 2012, Smith expressed himself skeptical of the purported Energy Catalyzer cold fusion device. On 14 February, he offered the inventor Andrea Rossi US$1 million if he were to repeat the demonstration of 29 March of the year before, this time allowing particular care to be given to a check of the electric wiring of the device, and to the power output. The offer was declined by Rossi before the lapse of 20 February acceptance deadline that had been set by Smith. Smith subsequently offered US$1 million "to any person or organisation that can come up with a practical device that has an output of at least one kilowatt of useful energy through LENRs (low energy nuclear reactions)." The offer remained open, unclaimed, until January 2013.

Political activism and conservation

In 1989, Smith offered an A$25,000 reward for discovery, dead or alive, of the elusive Australian night parrot. A dead specimen was found the next year by three ornithologists, associated with the Australian Museum, who claimed the prize and efforts to find living specimens were sparked. Eventually, in 2013, the first confirmed sighting in over a century was confirmed.

Smith donated A$60,000 in February 2007 towards a campaign to secure a fair trial for then Australian terrorism suspect David Hicks who had been held in a U.S. military prison in Cuba's Guantanamo Bay detention camp for five years. Smith said he wanted Hicks to get "a fair trial, a fair go". Fresh charges, including attempted murder, had been filed against Hicks earlier that month. Hicks pleaded guilty to a lesser charge in March 2007 as part of a plea bargain, and was released from custody in December 2007.

Smith, together with two others, offered to financially assist Australian Greens leader Bob Brown to satisfy a A$240,000 costs order after Brown lost an anti-logging case he brought against Forestry Tasmania. A failure to pay would have resulted in Brown having to declare bankruptcy, and therefore lose his seat in the Senate.

In 2011, Dick Smith expressed support for action on climate change, including the introduction of a carbon tax, and criticised the response to actress Cate Blanchett speaking out on the matter. In 2013, Smith released a documentary, Ten Bucks a Litre, profiling Australia's current energy sources and future options. Smith explained his positive position on nuclear power generation in a 21 July 2017 interview with former Labor Party leader Mark Latham, citing France as having been particularly successful.

In December 2011, Smith was appointed as a consulting professor in the Department of Biology, School of Humanities and Sciences of Stanford University, California, by Dean Richard P. Saller, in recognition of his work in relation to environmental issues.

A newly identified 20-million-year-old koala relative was named Litokoala dicksmithi in honour of Smith in May 2023. Lead author of the research paper, Karen Black, explained she chose to recognise Smith "for his long-term financial support of Australian scientific endeavour and in particular fossil research at Riversleigh."

Aboriginal reconciliation

As chairman of the National Centenary of Federation Council (1996–2000), Smith advocated renaming 26 January, Australia Day (which commemorates the arrival of the first fleet of British settlers in 1788), as "First Fleet Day" in recognition of the fact it was not a day for celebration by all Australians.

On 29 June 1998, Smith was one of the original Ambassadors for Reconciliation announced by the Council for Aboriginal Reconciliation, to promote reconciliation as a broad people's movement.

Dick Smith in March 2023 at the Manly-Warringah Radio Society

On 10 October 2023, Smith was one of 25 Australians of the Year who signed an open letter supporting the Yes vote in the Indigenous Voice referendum.

Population policy activism

In August 2010, Smith announced he would be devoting himself to questions of global population, overpopulation, and alternatives to an endless economic growth economy. He produced and appeared in the feature-length documentary Dick Smith's Population Puzzle. In the documentary, Smith called the campaign the most important thing he had ever done in his life.

On 6 December 2016, Smith spoke in support of the One Nation party's policy of reducing immigration to historical levels of about 70,000 per annum whilst at the same time rejecting its leader Pauline Hanson's call for a Muslim ban. Smith described himself as pro-immigration but cautioned that the very high rates of immigration would increase population beyond carrying capacity.

In September 2017, Smith joined the Sustainable Australia party.

The Dick Smith Party

In March 2015, Dick Smith registered The Dick Smith Party, but would not be running as a candidate himself. The party stated it intended to focus on the Senate and would run on a platform of curbing unnecessary regulation and population growth. Smith is opposed to Australia's large rates of immigration on grounds of environmental sustainability.

Dick Smith Fair Go

On 15 August 2017, Smith launched his "Fair Go" campaign to pressure Australia's major political parties to incorporate population policy into their platforms and to radically increase taxation on the rich and corporates, pledging to spend another A$2 million on promoting population policy at the next Federal election if no major party would commit to reducing immigration to 70,000 per annum from a level then averaging in excess of 200,000. The campaign became permanent as the Dick Smith Fair Go Group which also agitates for economic reforms to tackle income inequality and a return to affordable housing.

Awards and honours