| Name: | Clive Palmer |
| Net Worth: | $2 billion |
| Source of Wealth: | Queensland Nickel |
| Born: | March 26, 1954 |
| Age: | |
| Country: | Australia |
| Wife: | Anna Topalov-Palmer |
| Children: | Mary Palmer, Emily Palmer, Michael Palmer |
| Residence: | Brisbane |
| Private Jet: | (VP-CFP) Cessna Citation 750 |
| Yacht: | Nancy Jean |
Renowned as a formidable force in the Australian business landscape, Clive Palmer stands tall among billionaires, making waves in the mining and hospitality sectors. Not limiting himself to the corporate world, he ventured into politics, leading the United Australia Party and serving as a member of the Parliament of Australia. Born in March 1954, Palmer’s personal life is marked by his marriage to Anna Topalov, with whom he shares three children: Mary, Emily, and Michael.
Clive Palmer’s significant influence in the mining sector can be attributed to his ownership of Mineralogy, a mining entity boasting reserves with a staggering 160 billion tonnes of iron ore. The vast potential of these reserves caught the attention of a Chinese firm, which shelled out a whopping US$ 415 million for mining rights.
Further cementing his mining prowess, Palmer oversees Waratah Coal. Functioning as an exploration and coal mine development powerhouse, this wholly-owned subsidiary of Mineralogy Pty Ltd stands tall with an $8 billion coal mine and pivotal infrastructure projects in Central Queensland. Other jewels in Palmer’s mining crown include Queensland Nickel, Australasian Resources, and an apparent financial stake in CITIC Pacific Mining.
Diversifying his portfolio, Clive Palmer ventured into the hospitality realm with the Palmer Coolum Resort, a sprawling 150-hectare haven featuring 2 kilometers of pristine beach and an 18-hole Par 72 championship golf course. Additionally, golf aficionados can relish the experience at Palmer’s other resorts like the Palmer Gold Coast Golf Resort and the Palmer Sea Reef golf sanctuary.
Donning the hat of a political leader, Palmer rejuvenated the United Australia Party in 2013, a party that initially thrived from 1931 until 1945. Embodying right-wing populist ideologies and Australian nationalism, the party’s clarion call is “Make Australia Great”.
With a jaw-dropping net worth pegged at $2 billion, Palmer’s financial acumen was highlighted in 2019 when a Western Australia Court mandated the Chinese state-owned entity CITIC to shell out significant royalties to Mineralogy, resulting in a monumental $US 149 million in back-payments.
https://en.wikipedia.org/wiki/ClivePalmer
https://www.unitedaustraliaparty.org.au/
https://www.aph.gov.au/Senators_and_Members/Parliamentarian
https://twitter.com/CliveFPalmer
https://en.wikipedia.org/wiki/TitanicII
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Palmer lives with his wife Anna Topalov-Palmer in a large house near Brisbane, Australia. The house has a pool and a private tennis court.
Brisbane: Australia’s Thriving River City
Brisbane, often referred to as the “River City,” is the capital of Queensland, Australia. Nestled along the Brisbane River, the city boasts a mix of modern skyscrapers and historic architecture. Renowned for its vibrant arts scene, it is home to institutions like the Queensland Gallery of Modern Art.
The city’s South Bank area, with its lush parklands, street beach, and cultural precinct, is a popular attraction for locals and tourists alike. Brisbane’s subtropical climate ensures warm and sunny weather for most of the year. The city is also a gateway to iconic destinations such as the Gold Coast and Sunshine Coast.
Annual events like the Brisbane Festival and Riverfire draw crowds with their spectacles and performances. Beyond the urban charm, the nearby Moreton Island offers sandy beaches and whale-watching opportunities. As Australia’s third-largest city, Brisbane seamlessly combines cultural experiences with natural beauty, making it a must-visit destination down under.
He is the owner of the Sunseeker yacht Nancy Jean, which he named after his mother. The yacht was built as Vegas and was later known as Just Js. Palmer used to own a yacht named Maximus II, which he sold in 2019.
In February 2013 he announced a plan to build a modern-day replica of the liner RMS Titanic. The ocean liner would be built in China. And it would make its maiden voyage from Southampton to New York City.
Titanic II will have every modern amenity along with 21st-century technology. And the latest navigation and safety systems. Around 2015 the project seemed to be abandoned.
However, in 2018 it was announced by Palmer’s company Blue Star Line that work on the project would start again.
The AUSTRALIA Yacht is a luxurious vessel built by the famous Italian shipyard, Benetti, and designed by Stefano Natucci.
First launched in 2012, she initially sailed as the Ulysses, later becoming the BASH, before finally settling as the AUSTRALIA Yacht under current owner Clive Palmer.
With her Caterpillar diesel engines, she flaunts a max speed of 16 knots and a cruising speed of 12 knots, covering more than 3,000 nautical miles without the need for refuelling.
He owns a Cessna Citation 750X private jet. The jet has registration VP-CFP (Clive Frederick Palmer). The jet was built in 1997. And has a value of around US$ 5 million.
The Citation X (often referred to as the Citation 750X or simply the Citation Ten) is a super-midsize business jet produced by Cessna, a subsidiary of Textron Aviation. Here’s what you need to know about this iconic aircraft:
Fastest Civilian Aircraft: Upon its release, the Citation X was lauded as the fastest civilian aircraft in the world, with a top speed of Mach 0.935, just shy of the speed of sound.
Production Period: The Citation X was produced between 1996 and 2018. Over its production lifespan, it underwent various updates and enhancements.
Range: The aircraft boasts a significant range, capable of transcontinental flights with a range of approximately 3,460 nautical miles (6,408 km).
Engines: Powered by two Rolls-Royce AE3007C turbofan engines, the jet not only provides impressive speed but also efficient cruising capabilities.
Cabin: The Citation X is renowned for its spacious cabin, which can comfortably accommodate up to 12 passengers. The interior is typically configured with double club seating and features amenities suitable for business or leisure travel.
Cockpit and Avionics: The aircraft features a modern cockpit equipped with the Honeywell Primus 2000 avionics suite, providing pilots with state-of-the-art tools for navigation and communication.
Performance: One of its distinguishing features is its short takeoff capability, allowing it to operate from airports that many jets in its class cannot use. It also has a service ceiling of 51,000 feet.
Economic Efficiency: While being a high-speed jet, the Citation X offers competitive operational costs, making it a favorite among charter services and corporate flight departments.
Successor: The Citation X was succeeded by the Citation X+, which featured updated engines, enhanced avionics, and other improvements, further pushing the boundaries of what business jets could achieve.
Legacy: The Citation X’s legacy in the world of private aviation is well-established. As one of the pinnacles of Cessna’s Citation family, it set benchmarks for speed and performance in the business jet sector.
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Super Yacht Owners Database 2025
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