Nigel Austin

$1.25B
as of 07/05/24

About Nigel Austin

Nigel Austin is the founder and majority owner of the Cotton On clothing and stationery group. Its brands include Cotton On, Supre, Factorie and Typo.

His company has grown rapidly in the past few years, expanding to 1,500 stores in 22 countries with estimated 2023 revenue of around $1.4 billion.

About half of these stores are in Australia, while the other half are spread across countries such as Singapore, South Africa and the U.S.

Founded in 1991, Austin started selling acid-washed denim jackets from the trunk of his car in his hometown southwest of Melbourne.

Now it sells inexpensive fashion basics, including T-shirts, leggings, sweatpants, shoes and underwear, as well as quirky stationery.

Personal stats

Citizenship

Australia

Source of wealth

Retail

Residence

Melbourne, Australia

Marital status

Married

Birth date

09/25/70 (age 53)

Number of children

6

Self-made

self-made

Nigel Austin’s fortune is worth

21K

troy ounces of gold

19K

median U.S. household

13K

median U.S. income

0.025%

U.S. credit card volume

0.005%

GDP of the United States

0.004%

United States debt

Net worth history

Annual ranking

Did you know?

Austin's late father, Grant Austin, ran a publicly traded clothing wholesale and import business called the Austin Group, where Austin would spend school holidays working.

Net worth over time

Real-time ranking

Financial assets

ASX | CCX-AU

City Chic Collective

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