Clive Palmer Net Worth

$2.2 Billion

Last Updated:

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What is Clive Palmer’s net worth? 

Net Worth:$2.2 Billion
Born:March 26, 1954
Height:1.82 m (5 ft 12 in)
Country of Origin:Australia
Source of Wealth:Politician
Last Updated:August 2, 2022


Clive Palmer is an Australian businessman and politician.

Palmer owns several businesses such as Mineralogy, Waratah Coal, Queensland Nickel at Townsville, the Palmer Coolum Resort on the Sunshine Coast, Palmer Sea Reef Golf Course at Port Douglas, Palmer Colonial Golf Course at Robina, and the Palmer Gold Coast Golf Course, also at Robina.

From 2008 to 2012, he owned Gold Coast United FC.

As of February 2023, Clive Palmer’s net worth is estimated to be roughly $2.2 Billion. 


Early Life 

Clive Frederick Palmer was born on the 26th of March, 1954, in Footscray, Melbourne.

He spent his early years in the nearby suburb of Williamtown.

His family later moved to Queensland. He attended Aquinas College and Southport State High School. He also attended Toowoomba Grammar School. 

His father was a travel agent, and the family normally traveled the world regularly.

His father was also the proprietor of the Akron Tyre Co and the Akron Broadcasting Co and, thus, the founder of Melbourne broadcasting station 3AK. 



Palmer dropped out of the University of Queensland before he completed his law and journalism studies. He was born in Melbourne, Australia. 

He has been involved in many business industries.

Palmer is the owner of Mineralogy, which works in iron ore reserves, and he later bought Waratah Coal, Queensland Nickel, and the Palmer Nickel and Cobalt Refinery.

In 2008, Palmer ventured into soccer, buying Gold Coast United in an effort to boost his image in China.

A few years later, his license was revoked by the Football Federation Australia, and he founded a competing league.

He is the businessman behind the creation of ‘Titanic II,’ which is a recreation of the famous ship that set sail from Southhampton to New York in 2016. 

Palmer is also the developer of Palmer Coolum Resort: Dinosaur Park, a theme park with animatronic dinosaurs inspired by ‘Jurassic Park.’

In 2013, Palmersaurus opened in Australia.

The same year, he created his own political party, Palmer United Party, to contest the federal election and ended up winning the Queensland seat in the House of Representatives.

His first wife, Susan, died of cancer after 22 years of marriage.

As of February 2023, Clive Palmer’s net worth is estimated to be roughly $2.2 Billion. 


How Does Clive Palmer Spend His Money?

Palmer is an avid car enthusiast, and he has one of the nation’s biggest and most expensive car collections.

Clive Palmer spends his money on expensive mansions and cars. 


Clive Palmer’s Home 

Palmer purchased a mansion in Australia for $12 million with five bedrooms, a gym, a wine cellar, a lift, and a lap pool at 9 Hedges Avenue.

He also owns a home in Brisbane which he bought for $7.5 million. 


Clive Palmer’s Cars 

Palmer owns over 150 cars with more than $20 million. He owns 11 Rolls-Royces, rare Bugatti’s, Ferraris, and even a 1965 ‘Newcastle Rambler.’



Here are some of the best highlights of Clive Palmer’s career:

  • Palmer owned Gold Coast United FC (2008 – 2012)
  • Palmer United Party (2013)
  • United Australia Party (2018) 


Favorite Quotes from Clive Palmer

“Frank Lowy is an institution in Australian sport, but judging by this decision he might be visiting a different kind of institution. He has brought the game into disrepute. The sport should not be run by dictators like him.” – Clive Palmer

“The Greens have not been providing you with the full information about where their money comes from or what it’s about. I think the Greens in this upcoming state election should resign if they’re being funded by an offshore political power. It’s tantamount to treason, and something needs to be done about it.” – Clive Palmer

“People, regardless of political views, matter in this state and in this country and in this world. And, you know, when people attack people’s basic rights and livelihoods, I’m concerned about it. And as a citizen of Queensland and nothing else, I’ve got the right to express my view.” – Clive Palmer

“I’ve got enough money in my life to retire now and do nothing. But I’ve got a duty and obligation to see if we can create more jobs in this state, and the government’s got an obligation to approve projects and to assess them for the benefit of the people of Queensland.” – Clive Palmer

“I’ve never needed a lobbyist personally to put my case. I’d rather put my case myself. But I don’t understand how other people look at things. A lot of people in business haven’t been involved in politics. They are frightened of ministers and the whole procedure. It’s not something to be frightened of.” – Clive Palmer


3 Life Lessons from Clive Palmer

Now that you know all about Clive Palmer’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him: 


1.  Persistence 

One person’s persistence is another person’s pig-headedness.


2.  Do Your Best 

Do your best and put the fundamentals in place, and everything else will follow.


3. Ideas 

Don’t attack the person who attacks the idea. 


Frequently Asked Questions


How much is Clive Palmer worth?

Clive Palmer’s net worth is estimated to be $2.2 Billion.

How old is Clive Palmer?

Clive Palmer was born on March 26, 1954, and is currently 68 years old.

How tall is Clive Palmer?

Clive Palmer’s height is 1.82 m, which is equal to 5 ft 12 in.


Clive Palmer is an Australian entrepreneur, businessman, and politician.

Palmer owns Mineralogy Ltd, which is an ore mining company that operates in Western Australia.

Palmer owns the Australian football team, Gold Coast United FC. He was in the facility of Deakins University from 2002-2006.

As of February 2023, Clive Palmer’s net worth is estimated to be roughly $2.2 Billion. 


What do you think about Clive Palmer’s net worth? Leave a comment below. 

John Mulder
John Mulder
John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.


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