
Chris Wallin
$1.47B
as of 05/10/26
About Chris Wallin
Armed with a geology degree, Chris Wallin was the Queensland government's chief coal geologist before starting his company, QCoal, in 1989.
He was a billionaire in 2011 and 2012, before plunging coal prices hammered his fortune. He reappeared on the list of Australia's 50 richest in 2019 after a five-year absence.
He rejoined the billionaire ranks after QCoal posted a five-fold increase in net profit in 2022 and paid him A$300 million in dividends.
In 2025, QGold launched a takeover bid for shares it did not own in Venus Metals Corp for A$0.21 per share, ending up with a nearly 32% stake after the bid closed in January 2026.
Personal stats
Citizenship
AustraliaSource of wealth
MiningResidence
Brisbane, AustraliaBirth date
01/01/53 (age 73)Number of children
2Education
Bachelor of Engineering, University of QueenslandSelf-made
self-madeChris Wallin’s fortune is worth

25K
troy ounces of gold

23K
median U.S. household

15K
median U.S. income

0.029%
U.S. credit card volume

0.006%
GDP of the United States

0.004%
United States debt
Net worth history
Annual ranking
Did you know?
In 2024, QCoal's philanthropic arm QCoal Foundation established the Christopher Wallin Prize for Excellence in Geology to support educational opportunities in Queens
Net worth over time
Real-time ranking
Financial assets
ASX | CWX-AU
Carawine Resourcesundefined | undefined
Central PetroleumASX | COY-AU
Coppermoly LimitedASX | MAH-AU
Macmahon HoldingsASX | OEC-AU
Orbital Corporation Ltd.ASX | RXL-AU
Rox ResourcesASX | VMC-AU
Venus MetalsImages © Forbes.com. All rights reserved.
