An Australian CEO was stabbed to death during a house party at his luxurious mansion Thursday night and police charged a 15-year-old boy with murder.<\/p>\n
Greg Josephson, who co-founded youth clothing company Universal Store with his brother Michael in 1999, was hosting the large gathering of approximately 30 teenagers at his house in the Brisbane suburb of Clayfield, according to police and multiple reports.<\/p>\n
Josephson knew his alleged killer before the two got into an altercation around 8:15 p.m., Queensland police said, without naming the businessman and suspect.<\/a><\/p>\n Universal Store CEO Greg Josephson was fatally stabbed at his home in Australia on June 26, 2025.<\/p>\n The teen allegedly grabbed a household item to stab Josephson. <\/p>\n Police arrived at Josephson\u2019s home to find the 58-year-old executive critically wounded. He was later pronounced dead at the scene.<\/p>\n Authorities captured the teen two blocks south of Josephson\u2019s home. <\/p>\n He was questioned and later charged with murder.<\/p>\n The unidentified teen was held without bail.<\/p>\n He was scheduled to appear in Brisbane Children\u2019s Court on Friday morning.<\/p>\n Police investigate at Josephson\u2019s home after the fatal stabbing. 9News<\/p>\n Josephson purchased the six-bedroom, six-bath, three-story home for $1.25 million in 2016.<\/p>\n The Clayfield enclave is worth an estimated $3.2 million following a 2022 renovation to make his abode feel like \u201cfive-star home,\u201d according to 7News.<\/a><\/p>\n Josephson had recently put the home on the market as he had planned to move his family two hours north to Noosa.<\/p>\n \u201cWe\u2019re sad to sell but we\u2019re relocating to Noosa, where we have a house and business interests. But we\u2019re proud that we went all out to create a once-in-a-lifetime forever home, and that\u2019s what\u2019s on offer for someone now,\u201d he said.<\/p>\n A Universal Store in Perth. Samuel Wiki<\/p>\n Universal Store specializes in trend-led clothing for men and women targeting ages 15 to 34, according to the website.<\/p>\n Since the 2018 sale, Josephson had been chief executive of Josephson Holdings Pty Ltd., according to his LinkedIn, but appeared to have kept a relatively low public profile.<\/p>\n \u201cBefore I set out to open Universal Store here, I went overseas to look at the UK and USA, particularly California, looking at the retail concepts there and then saw what was relevant in Australia,\u201d Josephson said.<\/p>\n