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

Australia

Source of wealth

Mining

Residence

Brisbane, Australia

Birth date

01/01/53 (age 73)

Number of children

2

Education

Bachelor of Engineering, University of Queensland

Self-made

self-made

Chris 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 Resources

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Central Petroleum

ASX | COY-AU

Coppermoly Limited

ASX | MAH-AU

Macmahon Holdings

ASX | OEC-AU

Orbital Corporation Ltd.

ASX | RXL-AU

Rox Resources

ASX | VMC-AU

Venus Metals

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