Chris Wallin
Energy

Chris Wallin Net Worth

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Chris Wallin, a former Queensland government geologist, was born in Australia and used his knowledge of the coal industry to become a successful backroom player. He founded QCoal in 1989 and made two well-timed asset sales that earned him handsome profits. However, due to weak global demand for coal, his net worth has suffered a 40% plunge, causing him to fall 20 spots on the list. His plans to develop mines are currently on hold.
Chris Wallin is a member of Energy

Age, Biography and Wiki

Birth Place Australia

💰 Net worth: $1.6 Billion (2024)

Chris Wallin, also famously known as "Energy" in Australia, is a highly successful entrepreneur and business tycoon. With an undeniable knack for the energy industry, Wallin has established a remarkable reputation and expertise in the field. As of 2024, his net worth is estimated to be a staggering $1.6 billion, a testament to his exceptional business acumen and strategic investments. Beyond his financial achievements, Wallin remains a figure of inspiration and influence in the energy sector, continuously shaping and revolutionizing the industry with his innovative ideas and ventures.

2011 $1.3 Billion
2012 $1.3 Billion
2018 $1.3 Billion

Biography/Timeline

1989

He worked as a Geologist for the Department of Mines and Energy of the Government of Queensland. After he quit his government job, he made his fortune by investing in coal. His company, created in 1989, is called QCoal. He digs coal from the Bowen Basin, including the Sonoma Coal mine. He formerly sold coal to Macarthur Coal and Cleveland-Cliffs. He now sells to JFE Holdings.

2012

He lives in The Gap neighbourhood of Brisbane, and he is the second richest man in Queensland. As of March 2012, he is worth an estimated US$1.2 billion or AUS3.78 billion.

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Tags Living people People from Brisbane People educated at Brisbane State High School University of Queensland alumni Australian businesspeople Australian billionaires Australian business biography stubs

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.