From the Editor
  • Armed with a geology degree, Chris Wallin was the Queensland government's chief coal geologist before starting his company, QCoal, in 1989.
  • He was a billionaire in 2011 and 2012, before plunging coal prices hammered his fortune. He reappeared on the list of Australia's 50 richest in 2019 after a five-year absence.
  • He rejoined the billionaire ranks after QCoal posted a five-fold increase in net profit in 2022 and paid him A$300 million in dividends.
Wealth History
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Personal Stats
Age
72
Source of Wealth
Mining, Self Made
Residence
Brisbane, Australia
Citizenship
Australia
Children
2
Education
Bachelor of Engineering, University of Queensland
Did you know
He's lived in the same house in the suburban Brisbane neighborhood of The Gap for reportedly 30 years.
Wallin also owns a clutch of smaller mining stakes.
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