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Clive Palmer (businessman)

Clive Palmer
Clive Palmer Aug15 crop.jpg
Leader of the Palmer United Party
In office
12 November 2013 – 2 July 2016
Member of the Australian Parliament
for Fairfax
In office
7 September 2013 – 2 July 2016
Preceded by Alex Somlyay
Succeeded by Ted O'Brien
Personal details
Born Clive Frederick Palmer
(1954-03-26) 26 March 1954 (age 62)
Melbourne, Australia
Citizenship Australian
Political party Palmer United (2013–present)
Other political
affiliations
Spouse(s)
  • Susan Parker
    (m. 1983; d. 2005; 2 children)
  • Annastacia Topalov
    (m. 2007; 2 children)
Children with Parker;
with Topalov;
Residence Sovereign Islands, Gold Coast, Queensland
Education
Alma mater University of Queensland (attended)
Occupation Director and owner:
Profession Politician
Religion Roman Catholicism
Net worth
  • IncreaseA$1.40 bn (2015 BRW)
  • Decrease not listed (2015 Forbes)
Website palmerunited.com

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.


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