- Nathan Tinkler
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Nathan Tinkler Born Inverell, New South Wales, Australia Occupation Director and Owner Tinkler Group Net worth AUD $1.13 Billion[1] Website http://www.tinklergroup.com/ Nathan Tinkler (born 1976) is a mining magnate and businessman from the Hunter Region, New South Wales, Australia.
Contents
Biography
Tinkler was an electrician in a coal mine before starting his own business. His big break came in 2006 when he borrowed $500,000 to buy a mine. He sold his company to Macarthur Coal for $275 million. [2] In 2008 he was on BRW's Young Rich list, worth about $441 million.[3] He is the richest man in Australia under 40 years old.
In July 2010, Tinkler floated his company Aston Resources with $400 million worth of shares offered, leaving Tinkler with $600 million worth of the company.[4] In early October 2010, it was announced that Tinkler was set to purchase a 50% share in the Ford V8 Supercar team, Dick Johnson Racing, taking over from Charlie Schwerkolt as Dick Johnson's partner within the team.
Tinkler lives in a $13.3 million house at Merewether Beach.[5] Tinkler's Ferrari California was stolen along with other items from his home.[6] The $500,000 car was later found burnt out in bushland north of Newcastle.[7]
Newcastle Jets
On September 22, 2010, the FFA announced that Tinkler had purchased the A-League club Newcastle Jets from Con Constantine, holding the licence temporarily. On 2 October, 2010, he secured the future of the club by extending his ownership until 2020.[8] Tinkler has had a positive influence at the Jets. A new price for tickets includes a season pass for children younger than 15, a family pass for 11 home games with reserved grandstand for $100 and general admission for $10. As part of a new initiative called "Be a part of it", the Jets hosted a community day, where 10,000 fans were admitted free for the clash against Melbourne Heart on October 31, 2010.[9][10]
The club has a new sponsor with Hunter Medical Research Institute. The Jets will have the institute's logo on the front of their playing strip and will donate $5000 for every goal they score at home and $2500 for an away goal. The changes continued when the club set up a new administration office, extended the contract of coach Branko Culina until March 2015 and unveiled a $2.5 million blueprint for the football department.[11]
Newcastle Knights
Tinkler successfully took ownership of the Newcastle Knights rugby league club on the 31 March 2011 by a landslide vote, voted on by the eligible members of the Knights.[12][13] In a major coup for the club, he signed Wayne Bennett to a four-year coaching contract with the club starting in 2012.
Attitude
Tinkler's attitude to journalists is apparently less than positive. When Tinkler was contacted by a journalist from Fairfax in 2010, he is reported to have responded "You're a f---ing deadbeat, people like me don't bother with f---ing you. You climb out of your bed every morning for your pathetic hundred grand a year, good luck."[14]
References
- ^ http://www.abc.net.au/news/2011-09-21/tinkler-brw-richlist-wealthy-billionaire/2908922?section=business
- ^ http://www.smh.com.au/business/the-fortune-and-fury-of-a-young-tycoon-20101009-16d3o.html
- ^ http://www.theage.com.au/business/coal-baron-tops-young-rich-list-20080924-4n3c.html
- ^ http://www.smartcompany.com.au/resources-and-energy/20100729-young-rich-list-member-nathan-tinkler-tipped-to-launch-1-5-billion-float.html
- ^ http://www.dailytelegraph.com.au/news/nathan-tinkler-plans-133m-castle-fit-for-a-king-of-newcastle/story-e6freuy9-1226032589872
- ^ http://www.smh.com.au/executive-style/motors/tinklers-ferrari-found-burntout-after-midnight-raid-20110627-1gn6f.html
- ^ http://www.heraldsun.com.au/news/breaking-news/another-mansion-robbed-luxury-car-stolen/story-e6frf7jx-1226083583056
- ^ http://www.foxsports.com.au/story/0,8659,27742658-5000940,00.html
- ^ http://www.theherald.com.au/news/local/sport/football-soccer/jets-make-pitch-to-region-budget-ticket-plan-aims-to-bring-families-aboard/1970337.aspx?storypage=0
- ^ http://www.theherald.com.au/news/local/sport/football-soccer/jets-throw-open-gates-for-match-against-melbourne/1970115.aspx
- ^ http://www.theherald.com.au/news/local/sport/football-soccer/jets-change-course-in-hunt-for-success/1966948.aspx?storypage=0
- ^ http://www.smh.com.au/rugby-league/league-news/tinkler-weighs-in-with-100m-knights-offer-20110117-19u42.html
- ^ http://www.smh.com.au/rugby-league/league-news/nathan-tinkler-withdraws-knights-offer-20110221-1b1r8.html
- ^ http://www.news.com.au/business/your-business/how-did-nathan-tinkler-make-1-billion/story-fn9evb64-1226143265103
Categories:- Living people
- Australian businesspeople
- Australian soccer chairmen and investors
- Australian racecar drivers
- Newcastle United Jets management
- 1976 births
- Rugby league chairmen and investors
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