John Gandel

$3.5B

$24.3M (0.7%)

as of 11/22/24

About John Gandel

John Gandel owns half of the southern hemisphere's largest shopping mall, Chadstone, with more than 500 stores in eastern Melbourne.

He also has a big stake in listed property trust Vicinity Centres, which owns the other half of Chadstone, plus other malls and outlets.

He first got rich by expanding his Polish immigrant parents' clothing chain for women, Sussan, now owned by his niece, Naomi Milgrom.

He made most of his wealth from the shopping malls he bought from Myer department stores for $37 million in the 1980s.

Gandel owns Point Leo Estate in the state of Victoria, which has a 50-acre vineyard and a sculpture park with 60 works.

Personal stats

Citizenship

Australia

Source of wealth

Shopping malls

Residence

Melbourne, Australia

Marital status

Married

Birth date

08/13/34 (age 90)

Number of children

Education

Doctorate, Monash University

Self-made

inherited and growing

John Gandel’s fortune is worth

58K

troy ounces of gold

54K

median U.S. household

35K

median U.S. income

0.07%

U.S. credit card volume

0.014%

GDP of the United States

0.01%

United States debt

Net worth history

Annual ranking

Did you know?

He maintains Gandel Philanthropy, one of Australia's largest charitable funds.

Net worth over time

Real-time ranking

Financial assets

ASX | ALK-AU

Alkane Resources

ASX | ASM-AU

Australian Strategic Materials

ASX | VCX-AU

Vicinity Centres