The last will and relationship agreement of a Queensland rich-lister

Sydney Morning Herald

24-04-2025

The estate of former Queensland rich-lister Keith Lloyd can finally be settled after a court ruled that an ex-partner had already been paid out and was not entitled to another $1 million from the sale of his luxury properties and superyacht.
Lloyd died in November 2023, aged 85, and was survived by children and grandchildren from his first marriage to ex-wife, Meta.
He left an estate that included his Kangaroo Point home – around the river bend from his former pink mansion at Norman Park – and Mistress, a 46-metre Italian-built superyacht, moored on the Gold Coast.
A former shipbuilder and businessman, Lloyd founded Shafston International College in Brisbane but resigned all positions in 2004 amid accusations of sexual impropriety involving students. No charges were laid.
That same year, according to documents filed in court after his death, Lloyd began a de facto relationship with 28-year-old Zamira Adib Martinez. They never married.
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The pair signed a relationship agreement in 2010, which set out their financial arrangement 'with the purpose of promoting harmony between Keith and Zamira during their relationship and in order to avoid litigation between them in the event that their relationship should break down'.
The agreement noted that Adib Martinez was an accountant at Shafston International College, on a $60,000 salary, while Wright was self-employed and earning $566,332 per year.
Under the agreement, Lloyd was to pay for all joint living expenses, plus spousal maintenance of $50,000.