Police have charged a 15-year-old boy with murder after the body of 58-year-old businessman Greg Josephson was found inside a large home in the upmarket inner-city suburb of Clayfield on Thursday night. Josephson co-founded clothing chain Universal Store in 1999 alongside his brother. “At this stage the initial investigation indicates that no other persons were involved other than the 15-year-old boy,” Williams alleged. A Universal Store spokesperson confirmed the death of its co-founder. “Our sincere thoughts and condolences are with his family at this very sad time.”Josephson sold Universal Store in 2018 for a reported $100m.