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Australian businessman, Gordon Merchant, has a net worth of $570 million.
He is the founder and major shareholder of global surfwear company Billabong International. He eventually focused on Australian bioplastics company Plantic. In July 2010, he bought the 80% of the company he didn't yet own, valuing the business at $10 million. He also bought a beach house in the town of Agnes Waters in 2010.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2015 |
Asset |
Construction cost of Gordon Merchant's private bridge for his sizable dwelling in Gold Coast |
$1,000,000 |
2015 |
Asset |
Purchase value of Gordon Merchant's home in Agnes Water on the central Queensland coast |
$3,500,000 |
2015 |
Asset |
Reacquisition of Gordon Merchant's Billabong shares |
$98,000,000 |
2015 |
Asset |
Estimated value of Gordon Merchant's 100.57 million shares in the surfwear giant Billabong |
$70,000,000 |
2015 |
Sale of Asset |
Sale of Gordon Merchant's almost a third of his stake in the surfwear giant Billabong |
$200,000,000 |
2011 |
Asset |
Estimated value of Gordon Merchant's Australian bioplastics company Plantic as the company's 80% shareholder |
$10,000,000 |