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Nicheliving: Founder Ronnie Michel-Elhaj’s life of luxury and how it all went wrong for his building company

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Nicheliving: Founder Ronnie Michel-Elhaj’s life of luxury and how it all went wrong for his building company

Nicheliving: Founder Ronnie Michel-Elhaj’s life of luxury and how it all went wrong for his building company

Ronnie Michel-Elhaj has spent the past few weeks running away from the media, but in 2008 he was riding high on a wave of awards and accolades, reported to have a net worth of $68 million.

Appearing flush with success, the building company he founded announced its own COVID stimulus package in April 2020, days before the State Government put up a $125 million Building Bonus package to sustain the construction industry through the pandemic and keep tradies in work.

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