Who is Lindsay Fox?
Lindsay Fox is the founder of LinFox. He was born in April 1937. He is married to Paula, they have 6 children. He is one of the richest men in Australia, with a net worth of $2 billion. And he is the owner of the yacht Volpini 2.
LinFox is Australia’s largest privately-owned logistics company. It owns more than 5,000 trucks and has 24,000 employees.
The company was founded by Lindsay in 1956. He was 19 and had bought one truck for AU$ 400. He started transporting coal and soft drinks. Within a year he bought a second truck. And in 1958 he signed a contract with soft drink manufacturer Schweppes, after which the company grew to ten trucks.
60 years later and after several acquisitions the company is active in 12 countries. Fox is also active in other business sectors, through his Fox Group.
The group is active in logistics, beverages, property development, and currency management and also owns airports.
The company operates Australia’s Avalon and Essendon airports in Melbourne, Victoria. The airports realize more than 80,000 annual aircraft movements. Linfox Property Group manages 8,000,000 square feet of warehouse space.
In 2018 the company bought BevChain, which provides distribution solutions for the beverage industry.
How Much is Lindsay Fox Net Worth?
His net worth is estimated by Forbes at $2 billion. His assets include his ownership of the Linfox Group, as well as various real estate holdings and investments.
Classic Car Collection
Fox is the owner of a large collection of rare cars. The collection includes a Ferrari F40, a Jaguar XJ220, a rare 1957 Mercedes Benz 300SL, and a 1953 Porsche 550 Spyder. Fox has one of the largest Mercedes-Benz car collections in the southern hemisphere.
He is an active philanthropist through his Fox Family Foundation. The foundation supports people with chronic illnesses. Lindsay’s wife Paula Fox has been appointed an Officer to the Order of Australia (AO) for distinguished service to the community through philanthropic contributions to and committed fundraising support and advocacy for, a range of arts, cultural, youth, research, and social welfare organizations.
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