Clive Frederick Palmer is an Australian businessman and politician know all about him in this article as like his Family, Net Worth, Parents, Wife, Children , First Wife, Education and Career Earnings.
| Bio | |
|---|---|
| Name | Clive Palmer |
| Birthdate ( Age) | 26 March 1954 |
| Place of Birth | Footscray, Australia |
| Nationality | Australian |
| Marital Status | Married |
| Spouse/Partner | Anna Topalov-Palmer (m. 2007), Susan Palmer (m. 1983–2005) |
| Children | Emily Palmer, Mary Palmer, Michael Palmer |
| Parents | George ( Father ) |
| Education | Aquinas College, Toowoomba Grammar School, The University of Queensland, Southport State High School |
| Profession | Australian businessman and politician |
| Net Worth | $13.01 billion |
| Last Update | May 2022 |
Clive Frederick Palmer is an Australian businessman and politician. He has iron ore, nickel and coal holdings.Palmer owns many businesses such as Mineralogy, Waratah Coal, Queensland Nickel at Townsville, the Palmer Coolum Resort on the Sunshine Coast, Palmer Sea Reef Golf Course at Port Douglas, Palmer Colonial Golf Course at Robina, and the Palmer Gold Coast Golf Course, also at Robina.As of May 2021, Palmer was the seventh richest Australian, when The Australian Financial Review assessed his net worth at A $13.01 billion on the 2021 Rich List.
Clive Palmer Family
Palmer was born on 26 March 1954 at Footscray Hospital in Footscray, a suburb of Melbourne, Victoria. He spent his early years in the nearby suburb of Williamstown. His family moved to Queensland in 1963 and Palmer was largely raised on the Gold Coast, where he attended Aquinas College and Southport State High School, although he also attended Toowoomba Grammar School for a short time.Palmer’s father, George, was a travel agent, and the family travelled the world extensively.
Palmer studied law, journalism and politics at the University of Queensland from 1973 to 1975, but did not finish the course. He later completed a Diploma of Law through the Queensland Bar Board, and worked as a clerk and interviewing officer for the Public Defender’s Office.
Clive Palmer First Wife Susan Palmer
Susan Palmer married to his Firtst wife Susan Palmer in 1983.Palmer was married to his first wife for 22 years. He has two adult children: a son, Michael and a daughter, Emily. His first wife, Susan Palmer, died from cancer in 2006.
Clive Palmer Wife Anna
Susan Palmer re- married with wife Anna Topalov in 2007 .The couple have have two daughters, Mary and Lucy.Anna Topalov-Palmer is also heavily involved in the business. She rarely appears in the spotlight.
Clive Palmer Net Worth
Clive Frederick Palmer is an Australian businessman and politician has an estimated Net Worth Around $13.01 billion in 2021.He is the seventh richest Australian Person.
Professional Career
During the early to mid-1980s Palmer was a real estate agent.n 1985 and 1986 Palmer founded three companies which undertook mining exploration in Western Australia (WA).These included Mineralogy, a company which in 2006 had 160 billion tonnes of iron ore reserves in the Pilbara Ranges, in remote northern Western Australia.
Palmer purchased the Gold Coast United football club in 2008. In October 2009, he made a decision to cap attendances of Gold Coast United home games at Skilled Park stadium to 5,000, in a bid to save money by avoiding transport subsidies on crowds over 5,000.After a widespread backlash and only 2,616 fans attending the next home game, and the intervention of Football Federation Australia (FFA), the idea was scrapped.In 2008, Palmer bought Waratah Coal. Palmer transferred Mineralogy to New Zealand in December 2018, and moved it again to Singapore in January 2019.
Mineralogy has been involved in a long-running dispute with CITIC over a royalty payment. Mineralogy and CITIC entered into an agreement in 2006 to develop some of the iron ore reserves Palmer owns. In November 2017, Justice Kenneth Martin of the Supreme Court of Western Australia awarded Mineralogy nearly $200 million. Palmer said the decision was “a win for Australian law over Chinese Communist government powerhouses”.As of May 2019, CITIC was suing Palmer and he had counter-sued them for $5 billion.
As a Member of Parliament
Palmer ran as the candidate in the Sunshine Coast seat of Fairfax for his party in the 2013 Australian federal election. In the first count he won by only 7 votes over Liberal National Party (LNP) candidate Ted O’Brien, triggering an automatic recount. While he had won only 26.5 percent of the primary vote, Palmer overtook O’Brien on Labor and Green preferences.
During the recount, he filed many challenges to votes cast for O’Brien, and made unsupported claims that the Australian Electoral Commission was tainted by corruption. Ultimately, he was confirmed as winner with 50.3% of the vote – a margin of 53 votes.His party was also successful in the Senate in 2013, where three of his party members were elected and won a shared balance of power.
In August 2020, the WA Parliament passed an emergency bill to block a legal claim against the government by Palmer, relating to Mineralogy. WA Attorney-General John Quigley estimated the claim as totalling $30 billion, which he described as “rapacious” and equivalent to the annual budget of WA. Palmer denied that estimate and mounted a challenge in the Federal Court to the legislation as unconstitutional.
Controversy
In March 2020, Palmer appeared in Brisbane Magistrates Court to answer four charges of fraud and other dishonesty, brought by the Australian Securities and Investments Commission (ASIC). The charges alleged improper transfers of money totalling several million dollars shortly before the 2013 general election, as fraud and dishonest use of Palmer’s position as a company director (of Mineralogy) regarding funding of the Palmer United Party.
Palmer denied that the charges relate to the collapse of Queensland Nickel, commenting: “It’s just a fabricated charge which will be dismissed pretty easily which is what we do with ASIC charges which are political in nature.” The case was adjourned until 28 August, with Palmer still claiming that the charges were “nonsense”. Each offence carries a potential prison sentence of up to five years and, for the fraud charges, up to 12 years.
