Clive Palmer

$4B
as of 02/16/26

About Clive Palmer

The ebullient resources player and former member of the Australian Parliament, Clive Palmer became a billionaire in 2019.

His fortune soared after a court ordered a flow of iron ore royalties to his company, Mineralogy, to resume.

He started Mineralogy in 1984 and has built a portfolio of iron ore, thermal coal and hydrocarbon assets.

He also owned Queensland Nickel, which operated a nickel-and-cobalt refinery, but the company collapsed in 2016.

Palmer is engaged in litigation with several parties, including Australia's corporate regulator, the Australian Securities and Investments Commission.

Personal stats

Citizenship

Australia

Source of wealth

Mining

Residence

Brisbane, Australia

Marital status

Married

Birth date

03/26/54 (age 71)

Number of children

3

Self-made

self-made

Clive Palmer’s fortune is worth

67K

troy ounces of gold

62K

median U.S. household

40K

median U.S. income

0.08%

U.S. credit card volume

0.016%

GDP of the United States

0.012%

United States debt

Net worth history

Annual ranking

Did you know?

In September 2025, his case against the Australian government related to his proposed iron ore project was dismissed and he was ordered to pay $13 million.

Net worth over time

Real-time ranking

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