Net Worth: $590 Million
- Source of Wealth Mining (White Energy, Felix Resources)
- Nationality Australia
About Travers Duncan
Australian mining magnate, Travers Duncan, has a net worth of $590 million as of February 2011, according to Forbes rich list. Duncan cofounded and ran coal miner Felix Resources, which was sold to Chinese company Yanzhou Resources for $3.5 billion. Now he’s chairman and owns big stake in another coal mining company, White Energy, which aims to develop clean-coal technology.