Sunday, 17 November 2013

8. Kerr Neilson

Posted at  08:00  |  in  Richest Man in Australia

  •  Net Worth: $2.7 B                                                                      
  •  Source of Wealth: finance
  •  Citizen: Australia
  •  Age: 64

Kerr Neilson is often compared to Warren Buffett because of his contrarian, value-based approach to investing. A native of Johannesburg, he bought his first stock at 13. He moved to Sydney in 1983 and started international equities specialist Platinum Asset Management in 1993 with George Soros as a founding stakeholder. He owns 57% after partially cashing out in a well-timed 2007 public offering.

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