Travers Duncan Net Worth | TheRichest
David Mack Travers Duncan
- Birthname
- Travers William Duncan
- Profession
- Mining Magnate
- Net worth
- $570,000,000
- Source of Wealth
- Business - Mining (White Energy Co. Ltd., South Australian Coal Pty Ltd. and Felix Resources)
- Nationality
- Australian
- Country
- Australia
- Marital Status
- Married (Mary Anne Duncan)
Quick Links
Australian mining magnate, Travers Duncan, has an estimated net worth of $570 million.
Duncan co-founded and ran the coal mining business called Felix Resources, which was sold to Chinese company Yanzhou Resources for $3.5 billion. He eventually became the chairman and owner of a big stake in another coal mining company, White Energy, which aims to develop clean-coal technology.
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2018 | Earnings | Superannuation as the Non-Executive Director of White Energy Company Limited | $71,440 |
2018 | Salary | Annual salary as the Non-Executive Director of White Energy Company Limited | $40,000 |
2018 | Asset | Travers Duncan's investment in White Energy Company Limited | $1,000,000 |
2018 | Asset | Purchase value of Travers Duncan's house two doors away from Macquarie Bank’s head of sales and performance Craig Griffin and his wife, wedding celebrant Leisa Griffin, in a private deal without a marketing or public sales campaign | $6,350,000 |
2018 | Asset | Investment in the coal miner White Energy for working capital requirements | $1,000,000 |
2017 | Asset | Purchase value of Travers Duncan's four-bedroom home from Macquarie Bank’s head of sales and performance Craig Griffin and his wife Leisa Griffin | $6,350,000 |
2017 | Salary | Annual salary as the Non-Executive Director of White Energy Company Limited | $1,149,330 |
2017 | Asset | Purchase value of Travers and Campbell Duncan's half-demolished house next door to the Duncan family home from convicted armed robber and controversial businessman Savas Guven | $9,000,000 |
2011 | Sale of Asset | Sale of Travers Duncan's Felix Resources to Chinese company Yanzhou Coal | $3,500,000,000 |
1997 | Asset | Purchase value of Travers Duncan's house next door on Kiora Avenue that opened up the Duncan home to better street access | $650,000 |
1981 | Asset | Purchase value of Travers Duncan's Chinaman Beach residence, set on the Rosherville Reserve | $245,000 |
