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 |
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