Source of Wealth:Hospitals
Full Name:Paul Ramsay
Occupation:Chairman of Ramsay Health Care
Education:University of Sydney
About Paul Ramsay
Australian businessman and philanthropist Paul Ramsay has an estimated net worth of $2.5 billion according to Forbes as of March 2013. He is also the ninth richest person in Australia and is ranked 589th in the list of World Billionaires.
Mr. Ramsay has earned his estimated net worth of $2.5 billion when he founded one of the first private psychiatric hospitals in Sydney. It later became the Ramsay Health care, a private hospital company where he serves as the Chairman of the Board. His net worth was up by 40% as his shares in the company have increased in value. Aside from being the chairman, he is also the biggest shareholder in the firm. Currently, Ramsay Health Care has 116 hospitals and other facilities across Australia, Indonesia, the U.K. and France. It has an average of 1 million patients every year and has 30,000 staff at service.
Paul Ramsay is also a major shareholder of Prime Media, a regional television company. He also serves as the Chairman of the Board of the company. He owned a stake in the soccer team Sydney FC where he was appointed chairman in 2009. He is a member of the Board of Directors of Adstream and sits on the advisory board of the Australian Science Media Center. As a philanthropist, he serves on the board of the George Gregan Foundation. He has also donated $300,000 in late 2011 to actor Kevin Spacey’s foundation, which supports young actors, writers, directors and producers.
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