Clive Palmer | |
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Leader of the Palmer United Party | |
In office 12 November 2013 – 2 July 2016 |
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Member of the Australian Parliament for Fairfax |
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In office 7 September 2013 – 2 July 2016 |
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Preceded by | Alex Somlyay |
Succeeded by | Ted O'Brien |
Personal details | |
Born |
Clive Frederick Palmer 26 March 1954 Melbourne, Australia |
Citizenship | Australian |
Political party | Palmer United (2013–present) |
Other political affiliations |
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Spouse(s) |
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Children |
with Parker; with Topalov; |
Residence | Sovereign Islands, Gold Coast, Queensland |
Education | |
Alma mater | University of Queensland (attended) |
Occupation | Director and owner:
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Profession | Politician |
Religion | Roman Catholicism |
Net worth | |
Website | palmerunited |
Clive Frederick Palmer (born 26 March 1954) is an Australian businessman, former politician and owner of Mineralogy. He has iron ore, nickel and coal holdings. Palmer's net worth was estimated by Forbes magazine to be US$550 million as of January 2014; yet by 2015, Palmer was not ranked in the wealthiest forty Australians. In 2016, the BRW magazine Rich 200 list estimated his wealth at A$0.6 billion.
Palmer owns Mineralogy, Waratah Coal, Queensland Nickel at Townsville, 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. He owned Gold Coast United FC from 2008 to 2012.
In April 2012, he announced that he had signed a memorandum of understanding with CSC Jinling Shipyard to construct a replica of RMS Titanic, the Titanic II. The ship was to be built in China and set sail in late 2016, later postponed to 2018. Palmer also added over 150 animatronic dinosaurs to his resort in Coolum, creating the largest dinosaur park in the world.
In 2013, he established the Palmer United Party and contested the federal election. Palmer won the Queensland seat of Fairfax in the Australian House of Representatives whilst his party won a shared balance of power with three Senators elected, one each in Queensland, Western Australia and Tasmania.