Clive Palmer Net Worth as Mineralogy Owner & Politician

Clive Palmer enjoys the honour of being the fifth richest person in Australia. He requires no introduction as her business ventures and political activities make a huge financial landscape that makes him the headlines. His public presence often raises a question in people's minds: How much is Clive Palmer worth?

Do you want to know? Here is the handbook describing Clive Palmer net worth and the sources of income through which he built his financial empire. Read this guide and learn about Clive Palmer's career highlights, his life stages, and achievements, if any.

What is Clive Palmer's Net Worth?

Clive Frederick Palmer, popularly known as Clive Palmer, is an influential Australian personality. He is a famous businessman, politician, and entrepreneur. The working-class-born person walked the passage of higher success and reached where he is today.

To know about Clive Palmer's net worth, you must know about the sources he is involved to gather lucrative income. Clive Palmer Australian, a businessman, owns iron, ore, nickel, and coal holdings. Not only this, he is a substantial developer of Palmer Coolum Resort: Dinosaur Park, a theme park inspired by Jurassic Park. 

In addition, Clive Palmer operates his self-established political party, Palmer United Party (PUP). Apart from venturing into mining industries and political activities, Palmer's other purchases include several old courses and resorts, Waratah Coal, and a soccer team—the Gold Coast United FC.

With the knowledge of Palmer's involvement in multiple earning sources, you must learn that Clive Palmer net worth is estimated to be around 3.4 billion USD.

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Clive Palmer Career Story

Clive Palmer's career spans different domains. His early professional beginnings highlight his involvement in the mining industry. When he made his name, he started owning mining holdings, such as iron, nickel, ore, and coal. Today, he is the owner of Mineralogy Pty Ltd. In addition, Clive Palmer's company's name includes:

• Waratah Coal
• Queensland Nickel
• Palmer Nickel
• Cobalt Refinery

His progressive career was stabilized, but Clive Palmer experimented and bought an Australian football team, Gold Coast United FC. After Football Federation Australia revoked his license, he also founded an Australian competing league in 2012.

In the 2000s, the businessman thought of expanding his business empire, this time beyond mining. He diversified into multiple sectors, such as real estate, infrastructure, and tourism. The businessman also planned to build a replica of the doomed ship Titanic, which he named Titanic II.

The story has more to say. Clive Palmer's charisma for making money prompted him to consider remaking Jurassic-themed Dinosaur Park. Though his ventures contribute much to his income to date, he founded his political party, Palmer United Party, in 2013. He aims to become an MP and serve the nation with revolutionary reforms.

Clive Palmer Arbitration

With the popularity of Clive Palmer, certain controversies often surround Palmer's life. One such case is the CITIC Pacific Arbitration, in which Palmer's Mineralogy and CITIC Pacific disputed over an iron ore project. The result favoured the Chinese company, which ordered Mineralogy to pay AUD 200 million.

Other arbitration cases exist, including Queensland Nickel. However, the procedures are complicated, and information is not publicly available to preserve confidential rights.

Clive Palmer Early Life

Clive Palmer was born on March 26, 1954, in Melbourne, Victoria, Australia, but grew up in Brisbane. His parents, Nancy and George Palmer, belonged to the working class persons and raised Clive following the footsteps of their family income sources.

At that time, real estate development was in trend; Clive learned business and entrepreneur tactics from his father, which proved to be the strong foundation for his exceptional career. Regarding his education, Clive Palmer went to Southport State High School and completed his graduation from Aquinas College.

Later, the future businessman was enrolled at the Queensland University of Technology to study Journalism, Politics, and Law. However, the situation turned upside down, and Clive Palmer education was left behind because he was dropped out of the institution; the reasons are unknown.

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Clive Palmer Personal Life

Clive Palmer is private about his personal life. The incredible businessman married Susan Parker in 1983. The couple shared an incredible bond of love and respect. Their marriage lasted almost 23 years, after which Susan was diagnosed with cancer and died in 2006. With this marriage, the businessman has three children: a son and Clive Palmer daughter.

In 2007, the entrepreneur married Clive Palmer's wife, Annastacia Topalov. The couple also share two daughters, Mary Palmer and Lucy Palmer. The discussion of Palmer's personal life is incomplete without mentioning his car collection.

Being an avid personality in every industrial and business domain, Clive Palmer is not left behind in acquiring a stunning car collection like many, such as comedian Jay Leno. Clive Palmer car collection includes almost 1000 cars and motorbikes. The prominent Australian businessman established an automotive museum to showcase his cars in 2013. It is located at Palmer's Coolum Resort, Queensland.

You will find an extensive car collection, from vintage to the latest supercars. The famous ones' names are mentioned below:

1. 1900 De Dion Bouton four-seater
2. 2011 Lotus Elise
3. 1926 Phantom I model, Rolls Royce
4. Ferraris
5. Bentleys
6. Mercedes
7. 1965 'Newcastle Rambler
8. 1938 Bugatti Type 57C Aravis 

Frequently Asked Questions

How did Clive Palmer get rich?

Clive Palmer got rich by owning mining holdings and business ventures, such as tourism, real estate, and infrastructure. He is also a politician and runs his party, Palmer United Party, to earn money.

What is Clive Palmer's boat called?

Clive Palmer's boat is called Australia.

What is Clive Palmer wife age?

Clive Palmer wife age is 51. Resources reveal that Clive Palmer is 20 years older than his wife, whom he married in 2007.