Clive Palmer (businessman)

Clive Palmer (businessman)
Clive Palmer
Born Melbourne, Australia
Residence Gold Coast, Queensland
Occupation Director and Owner, Mineralogy Pty Ltd
ResourceHouse [1][2]
Waratah Coal
Net worth A$3 to 6 billion
Political party National Party of Australia

Clive Palmer is a businessman from Queensland, Australia. As of 8 August 2009 (2009 -08-08) he is Australia's fifth richest man and the wealthiest in Queensland.[3] BRW estimated his worth at around A$3 billion,[4] with others putting it at $6 billion.[5]

Private life

Clive Palmer was born in Victoria and lived in Perry St, Williamstown, where his father had a private movie theatre and used to invite his neighbours to watch the latest movies.[3]

Palmer is a life member of the National Party of Australia.[6] He was the media spokesman for the party during the 1986 state election.

Palmer was thought to have suffered a heart attack while watching the Brisbane Roar–Gold Coast United game on 11 October 2009 and was rushed to hospital. However, doctors dismissed it as merely a heart palpitation incident.[5]

Public life

He had a successful early career in real estate, mostly on the Gold Coast. He is the owner of the company, Mineralogy.[7] The company has secured access to 160 billion tonnes of iron ore reserves in the Pilbara Ranges, in remote Western Australia. He is also the owner of the football (soccer) team Gold Coast United FC.[3][4]

In June 2002, he was appointed Adjunct Professor of Business, at Deakin University's Faculty of Business and Law, a role he held until 2006. During this time, Palmer delivered a series of lectures as part of Deakin's MBA Residential Programs.[8]

In 2008, Palmer bought Waratah Coal.[9]

In October 2009, Palmer made a controversial decision to cap attendances of Gold Coast United home games at Skilled Park stadium to 5,000,[10] in a bid to save money.[10] After widespread backlash and only 2616 fans attending the next home game, the idea was scrapped after the intervention of Football Federation Australia.[10]

References

  1. ^ "Australia's Resourcehouse signs $60 bln deal with China". The Sydney Morning Herald. 2010-02-06. http://news.smh.com.au/breaking-news-world/australias-resourcehouse-signs-60-bln-deal-with-china-20100206-njhd.html. 
  2. ^ http://www.theaustralian.com.au/business/clive-palmers-3bn-resourcehouse-raising-stalls/story-e6frg8zx-1225804763822
  3. ^ a b c Craddock, Robert (2008-06-14). "Billionaire Clive Palmer behind Coast soccer team". The Courier-Mail. http://www.abc.net.au/local/stories/2009/08/07/2649147.htm. Retrieved 2009-09-28. 
  4. ^ a b "Qld's richest man invests in Fury". ABC Sports. 2009-08-06. http://www.abc.net.au/news/video/2009/08/06/2648353.htm. Retrieved 2009-09-28. 
  5. ^ a b Monteverde, Marco; Caldwell, Anna (2009-10-11). "Queensland's richest man Clive Palmer rushed to hospital". The Courier-Mail. http://www.news.com.au/couriermail/story/0,20797,26195358-3102,00.html. Retrieved 2009-11-05. 
  6. ^ Tony Moore (20 July 2007). "The Queensland 2006 rich list". Brisbane Times. http://www.brisbanetimes.com.au/articles/2007/07/20/1184560003802.html?from=top5. Retrieved 10 November 2011. 
  7. ^ "Final Deal Aug06 - FINAL.pdf". austresources.com.au. 2006-08-07. http://74.125.153.132/search?q=cache:PoTSToz0TTUJ:www.austresources.com.au/pdf/Final%2520Deal%2520Aug06%2520-%2520FINAL.pdf+mineralogy+clive+palmer&cd=1&hl=en&ct=clnk&gl=au. Retrieved 2009-09-28. 
  8. ^ "Graduation - past ceremonies". Waterfront Campus, Deakin University. 2008-04-02. http://www.deakin.edu.au/current-students/study-information/graduation/past-ceremonies/2008/geelong/2april20085pm.php. Retrieved 2009-09-28. 
  9. ^ Andrew Fraser and Andrew Burrell (13 February 2010). "The magnate's Chinese whispers". The Australian (News Limited). http://www.theaustralian.com.au/news/nation/the-magnates-chinese-whispers/story-e6frg6nf-1225829867878. Retrieved 10 November 2011. 
  10. ^ a b c Gatt, Ray (2009-11-03). "Palmer agrees to scrap the cap". The Australian. http://www.theaustralian.news.com.au/story/0,25197,26296091-5003460,00.html. Retrieved 2009-11-05. 

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