Clive Palmer: Clive Palmer Net Worth, Biography, Age, Spouse, Children & More

About Clive Palmer

Clive Frederick Palmer, an Australian businessman, politician, and billionaire, is renowned for his involvement in various industries. He owns a multitude of businesses, including Mineralogy, Waratah Coal, Queensland Nickel, and Palmer Coolum Resort, among others. Palmer's political career includes founding the Palmer United Party in 2013 and the United Australia Party in 2018. Despite his wealth and influence, Palmer has faced legal disputes and controversies throughout his business and political ventures. As of May 2023, he is ranked as the fifth richest Australian with a net worth of A$23.66 billion.

Born

March 26, 1954 in Footscray, Victoria, Australia

Age

72 years

Source Of Wealth

Mining

Industries

Metals & Mining

Citizenship

Australia

Residence

Brisbane

Spouse

Susan Parker (Married: 1983-2006), Annastacia Topalov (Married: 2007)

Children

Parent

George Palmer, Nancy McArthur

## Early Years & Childhood

Clive Frederick Palmer was born on March 26, 1954, in Footscray, Victoria. He was raised in Queensland, where he attended Aquinas College and Southport State High School. Palmer studied law, journalism, and politics at the University of Queensland but did not finish the course. He completed a Diploma of Law through the Queensland Bar Board and worked as a clerk and interviewing officer for the Public Defender's Office.

## Family

Palmer was married to his first wife, Susan, for 22 years until her death in 2006. They had two children. Palmer married Anna in 2007, and they have two daughters. He is a Roman Catholic and was involved in pro-life activities while at university.

## Career Highlights

Palmer is a successful businessman and politician. He owns various businesses, including Mineralogy, Waratah Coal, Queensland Nickel, Palmer Coolum Resort, Palmer Sea Reef Golf Course, Palmer Colonial Golf Course, and Palmer Gold Coast Golf Course. Palmer also founded the Palmer United Party in 2013 and won the Sunshine Coast seat of Fairfax in the 2013 Australian federal election.

## Companies

Palmer owns and operates several companies, including:

Mineralogy
Waratah Coal
Queensland Nickel
Palmer Coolum Resort
Palmer Sea Reef Golf Course
Palmer Colonial Golf Course
Palmer Gold Coast Golf Course

## Major Achievements

Palmer's major achievements include:

Building a successful real estate business
Founding Mineralogy and acquiring significant iron ore reserves
Purchasing Queensland Nickel and the Palmer Nickel and Cobalt Refinery
Establishing the Palmer Coolum Resort and Dinosaur Park
Purchasing Gold Coast United football club
Announcing plans to build a modern-day replica of the RMS Titanic
Offering to personally fund one million doses of hydroxychloroquine as a "cure" for COVID-19
Hosting a Christmas buffet lunch for disadvantaged people
Becoming an adjunct professor of business at Deakin University and Bond University
Serving as joint secretary general of the World Leadership Alliance

## Awards & Achievements

Palmer has received several awards and achievements, including:

Honorary Doctorate of Business Administration from Bond University
Honorary Doctorate of Laws from Deakin University
Member of the Order of Australia (AM)
Queensland Business Leader of the Year
Gold Coast Business Excellence Award

## Personal Life & Legacy

Palmer lives in a gated mansion on Sovereign Islands on the Gold Coast and owns multiple properties in Australia and overseas.

He has experienced health issues, including a heart palpitation and sleep apnea. He tested positive for COVID-19 and was diagnosed with pneumonia in 2022. Palmer's net worth has fluctuated over the years, but as of May 2023, it is estimated at A$23.66 billion, making him the fifth richest Australian.

## Trivia

Some interesting facts about Clive Palmer include:

He is a keen golfer and owns several golf courses.
He is a fan of the Star Wars franchise and has a collection of Star Wars memorabilia.
He is a supporter of the Australian Republican Movement and believes Australia should become a republic.
He has been involved in several legal cases related to his businesses.
He is a controversial figure and has been criticized for his political views and business practices.

Wealth History

Timeline

26 March 1954

Clive Frederick Palmer is born in Footscray, Victoria.

1985

Palmer founds Mineralogy, which owns 160 billion tonnes of iron ore reserves in the Pilbara Ranges.

2008

Palmer purchases Gold Coast United football club.

2009

Palmer buys Queensland Nickel and the Palmer Nickel and Cobalt Refinery.

2011

Palmer purchases the Coolum Hyatt Resort and plans to build a dinosaur park with animatronic dinosaurs.

2012

Football Federation Australia revokes the license for Gold Coast United FC due to breaches of rules. Palmer founds Football Australia as a competing organization.

2013

Palmer announces plans to build a modern-day replica of the RMS Titanic. Palmer founds the Palmer United Party and wins the Sunshine Coast seat of Fairfax in the federal election.

2016

Queensland Nickel enters voluntary administration, and Palmer declines to pay workers' entitlements. Palmer announces he will not seek re-election and retires from politics.

2017

Palmer is awarded nearly $200 million by the Supreme Court of Western Australia in a dispute with CITIC over a royalty payment.

2018

Palmer transfers Mineralogy to New Zealand and revives his party as the United Australia Party.

2019

Palmer reaches a settlement in the Queensland Nickel case, agreeing to repay the federal government and other creditors. Palmer stands for the Senate in Queensland in the federal election but does not win any seats. Palmer transfers Mineralogy to Singapore.

2020

Palmer offers to personally fund one million doses of hydroxychloroquine as a "cure" for COVID-19. Palmer sells off his entire stake in Qantas due to the company's COVID-19 vaccination requirement for employees.

2022

Palmer's party wins one seat in the Senate in the federal election, but the party is deregistered again in September. Palmer tests positive for COVID-19 and is diagnosed with pneumonia.

2023

Palmer is ranked as the fifth richest Australian with a net worth of A$23.66 billion.

Clive Palmer : FAQs

What is Clive Palmer's current net worth?

Clive Palmer's current net worth is $3.88 billion.

What is Clive Palmer's current global rank among billionaires?

Clive Palmer holds the 1069th position globally among billionaires.

What is Clive Palmer's current ranking within the Australia?

Clive Palmer holds the 16th position in Australia.

What was the change in Clive Palmer's net worth compared to the previous year?

Clive Palmer's net worth increased by 315.12 million dollars compared to the previous year 2025, when his net worth was 3.56 billion dollars.

What are Clive Palmer's main sources of wealth?

Clive Palmer's main source of income comes from Mining.

In which industry does Clive Palmer primarily operate?

Clive Palmer is primarily involved in the Metals & Mining industry.

How old is Clive Palmer?

Clive Palmer is 72 years old.

How many children does Clive Palmer have?

Clive Palmer has 3 children.

Who is Clive Frederick Palmer?

Clive Frederick Palmer is an Australian businessman and politician.

What businesses does Clive Frederick Palmer own?

Clive Frederick Palmer owns various businesses including Mineralogy, Waratah Coal, Queensland Nickel, Palmer Coolum Resort, Palmer Sea Reef Golf Course, Palmer Colonial Golf Course, and Palmer Gold Coast Golf Course.

What political parties has Clive Frederick Palmer founded?

Clive Frederick Palmer founded the Palmer United Party in 2013 and later revived it as the United Australia Party in 2018.

Has Clive Frederick Palmer been involved in any legal cases?

Yes, Clive Frederick Palmer has been frequently involved in legal cases related to his businesses.