Terry Snow

$1.65 B

Ranked #1959 in World

About Terry Snow

Terrence Mark Snow, born in 1943, is a prominent Australian businessman renowned for transforming Canberra’s landscape. As the Executive Chairman of Capital Airport Group, he secured a 99-year lease of Canberra Airport and Brindabella Business Park in 1998 for A$65 million, significantly developing both sites and attracting major international airlines like Singapore Airlines and Qatar Airways. Snow, the grandson of Canberra's first general store owner, has expanded his ventures into residential development, spearheading the solar-powered, master-planned community of Denman Prospect and supporting affordable housing through the Homes for Homes initiative. With a net worth peaking at US$1.2 billion in 2019, he ranks as one of Australia's wealthiest individuals. Apart from his business achievements, Snow is a fervent philanthropist, having established the Snow Foundation and contributed significantly to Canberra Grammar School. His commitment to community and development earned him the Member of the Order of Australia honor in 2006.

Born

December 23, 1943 in Canberra, Australian Capital Territory

Source Of Wealth

Airports, Real Estate

Industries

Real Estate

Citizenship

Australia

Residence

Canberra

Spouse

Ginette Snow

Children

Terrence Mark Snow was born in 1943 in Canberra, Australia. He is the grandson of Canberra's first general store owner. His parents owned a hotel in Queanbeyan, a city near Canberra. Snow attended Canberra Grammar School for his primary and secondary education.

Terry Snow: Family

Snow is married to Ginette, and they have four adult children. He is often seen accompanied by his dogs during office meetings at the airport.

Terry Snow: Career Highlights

Snow is the Executive Chairman of the Capital Airport Group, a company that operates Canberra Airport and Brindabella Business Park. In 1998, he acquired a 99-year lease for Canberra Airport and Brindabella Business Park from the Australian Government for A$65 million. Under his leadership, the airport underwent significant development, including the construction of a new terminal with an "extravagant" international interior design. Snow also attracted international air carriers like Singapore Airlines and Qatar Airways to operate at Canberra Airport.

In addition to his work at the airport, Snow has also been involved in several other commercial developments. He developed Brindabella Business Park, which includes 8 Brindabella Circuit, a 5-star Green Star-rated building. He also developed Majura Park Shopping Centre, which features international and nationwide retailers, and Constitution Place, a commercial and hospitality complex in Canberra's central business district.

Snow is also the owner of Capital Property Group and Capital Estate Developments, two companies responsible for residential developments. He is the driving force behind Denman Prospect, a master-planned community with a minimum requirement for solar power generation on every home. Denman Prospect is the first suburb in Australia to commit to the Homes for Homes initiative for affordable housing.

Terry Snow: Companies

Capital Airport Group
Capital Property Group
Capital Estate Developments

Terry Snow: Major Achievements

Acquired 99-year lease for Canberra Airport and Brindabella Business Park from the Australian Government in 1998 for A$65 million.

Developed new terminal for Canberra Airport with "extravagant" international interior design.
Attracted international air carriers like Singapore Airlines and Qatar Airways to Canberra Airport.
Developed Brindabella Business Park, including 8 Brindabella Circuit (5-star Green Star rating).
Developed Majura Park Shopping Centre with international and nationwide retailers.
Developed Constitution Place, a commercial and hospitality complex in Canberra's central business district.
Responsible for Denman Prospect, a master-planned community with a minimum requirement for solar power generation on every home.
First suburb in Australia to commit to the Homes for Homes initiative for affordable housing.

Terry Snow: Awards & Achievements

Appointed Member of the Order of Australia (AM) in 2006 for service to the building and construction industry and community support.

Terry Snow: Personal Life & Legacy

Snow is known for his philanthropic efforts. He established the Snow Foundation in 1991, which focuses on supporting regional charities and organizations that help needy people. He has also been a strong supporter of the Marriage Equality lobby group Australians for Equality. Snow is also a keen pilot and holds a commercial pilot license for fixed-wing and rotary-wing aircraft.

Snow's contributions to Canberra and philanthropy have been widely recognized. He was commissioned for a portrait by the Australian National Portrait Gallery, and Canberra Grammar School named The Snow Centre for Education in the Asian Century in his honor after he made an A$8 million donation in 2013. In 2019, he donated an additional A$20 million to Canberra Grammar School for rebuilding and creating a center for music excellence.

Terry Snow: Trivia

Snow's equestrian property, Willinga Park, played a crucial role in saving the nearby town of Bawley Point from bushfires in 2019-2020.
Snow was ranked Australia's 39th richest person by Forbes Asia in 2013 with a net worth of US$755 million. His net worth is estimated to have grown to US$1.2 billion by 2019.

Wealth History

Timeline

1943

Terrence Mark Snow is born in Canberra, Australia.

1991

Snow establishes the Snow Foundation, a philanthropic organization focused on supporting regional charities and organizations helping needy people.

1998

Snow acquires a 99-year lease for Canberra Airport and Brindabella Business Park from the Australian Government for A$65 million.

2006

Snow is appointed Member of the Order of Australia (AM) for service to the building and construction industry and community support.

2013

Snow endows The Snow Centre for Education in the Asian Century at Canberra Grammar School with an A$8 million gift.

2019

Snow donates A$20 million to Canberra Grammar School for rebuilding and creating a center for music excellence.

Terry Snow : FAQs

What is Terry Snow's net worth?

As of 2024, Terry Snow's net worth was $1.65 billion.

What are Terry Snow's main sources of wealth?

Terry Snow's main source of income comes from Airports, Real Estate.

In which industry does Terry Snow primarily operate?

Terry Snow is primarily involved in the Real Estate industry.

How many children does Terry Snow have?

Terry Snow has 4 children.

Who is Terrence Mark Snow and what is his connection to Canberra?

Terrence Mark Snow, born in 1943, is a prominent Australian businessman and the grandson of Canberra's first general store owner. Snow has significantly impacted Canberra through his commercial and residential developments, including the Canberra Airport and Denman Prospect community.

What major projects has Terrence Snow developed in Canberra?

Terrence Snow has developed several major projects including the new terminal for Canberra Airport, Brindabella Business Park, Majura Park Shopping Centre, Constitution Place, and the master-planned community Denman Prospect. His developments have attracted international air carriers and major corporates to Canberra.

What is the Snow Foundation and what are its goals?

The Snow Foundation, established by Terrence Snow in 1991, is a philanthropic organization focusing on supporting regional charities and organizations helping needy people. The foundation aims to exceed a $100 million endowment in the next 10-15 years and has been involved in multiple charitable initiatives and community support endeavors.

How has Terrence Snow contributed to the Canberra community beyond his business developments?

Beyond his business achievements, Terrence Snow has contributed to the Canberra community through philanthropy and education. He established the Snow Foundation, supported the Marriage Equality lobby, endowed The Snow Centre for Education at Canberra Grammar School, and donated significantly to local community and educational initiatives.

What accolades and honors has Terrence Mark Snow received?

Terrence Snow has been recognized for his contributions to the building, construction industry, and community with several accolades, including being appointed Member of the Order of Australia (AM) in 2006. His philanthropic and developmental work has significantly impacted Canberra's landscape and community.