Gordon Merchant

Profession Businessman Net worth $570,000,000 Source of Wealth Business (Billabong International) Nationality Australian Country Australia

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Australian businessman, Gordon Merchant, has a net worth of $570 million.

He is the founder and major shareholder of global surfwear company Billabong International. He eventually focused on Australian bioplastics company Plantic. In July 2010, he bought the 80% of the company he didn't yet own, valuing the business at $10 million. He also bought a beach house in the town of Agnes Waters in 2010.

Earnings & Financial Data

Date

Category

Description

Amount

2015

Asset

Construction cost of Gordon Merchant's private bridge for his sizable dwelling in Gold Coast

$1,000,000

2015

Asset

Purchase value of Gordon Merchant's home in Agnes Water on the central Queensland coast

$3,500,000

2015

Asset

Reacquisition of Gordon Merchant's Billabong shares

$98,000,000

2015

Asset

Estimated value of Gordon Merchant's 100.57 million shares in the surfwear giant Billabong

$70,000,000

2015

Sale of Asset

Sale of Gordon Merchant's almost a third of his stake in the surfwear giant Billabong

$200,000,000

2011

Asset

Estimated value of Gordon Merchant's Australian bioplastics company Plantic as the company's 80% shareholder

$10,000,000

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