A Look into the Life of Lindsay Fox, Founder of LinFox and Australian Billionaire
Lindsay Fox, born in April 1937, is best known as the founder of LinFox, Australia’s largest privately-owned logistics company. With a net worth of $2 billion, he ranks among the richest men in Australia. Lindsay is married to Paula, and together they have six children. He is also the proud owner of the yacht Volpini 2.
LinFox: Australia’s Leading Logistics Company
Founded by Lindsay Fox at the age of 19, LinFox has grown from a single truck operation in 1956 to a massive enterprise with over 5,000 trucks and 24,000 employees. Initially transporting coal and soft drinks, LinFox has expanded its operations through various acquisitions and now operates in 12 countries.
The Fox Group: A Diverse Business Empire
The Fox Group is involved in various industries, including logistics, beverages, property development, and currency management. They own and operate Australia’s Avalon and Essendon airports in Melbourne, Victoria, and manage an impressive 8,000,000 square feet of warehouse space through the Linfox Property Group. In 2018, the company acquired BevChain, a distribution solutions provider for the beverage industry.
Estimating Lindsay Fox’s Net Worth
According to Forbes, Fox’s net worth is estimated at $2 billion, with his assets including ownership of the Linfox Group, real estate holdings, and various investments.
An Impressive Classic Car Collection
Mr. Fox boasts a vast collection of rare cars, including a Ferrari F40, a Jaguar XJ220, a rare 1957 Mercedes Benz 300SL, and a 1953 Porsche 550 Spyder. His collection is one of the largest Mercedes-Benz car collections in the southern hemisphere.
A Commitment to Philanthropy
Lindsay and his family are dedicated to giving back through their Fox Family Foundation. The foundation focuses on supporting people with chronic illnesses. Lindsay’s wife, Paula Fox, has been appointed an Officer to the Order of Australia (AO) for her distinguished service to the community through philanthropic contributions, fundraising support, and advocacy for various arts, cultural, youth, research, and social welfare organizations.
Sources
https://en.wikipedia.org/wiki/LindsayFox
https://www.forbes.com/profile/lindsayfox
https://www.linfox.com/
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