From the Editor
  • The ebullient resources player and former member of the Australian Parliament, Clive Palmer became a billionaire in 2019.
  • His fortune soared after a court ordered a flow of iron ore royalties to his company, Mineralogy, to resume.
  • He started Mineralogy in 1984 and has built a portfolio of iron ore, thermal coal and hydrocarbon assets.
  • He also owned Queensland Nickel, which operated a nickel-and-cobalt refinery, but the company collapsed in 2016.
  • Palmer is engaged in litigation with several parties, including Australia's corporate regulator, the Australian Securities and Investments Commission.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Personal Stats
Age
71
Source of Wealth
Mining, Self Made
Residence
Brisbane, Australia
Citizenship
Australia
Marital Status
Married
Children
3
Did you know
Palmer plans to build and operate a replica of the Titanic, the luxury ocean liner that sank in 1912 on its maiden voyage.
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