Edward Hargraves Net Worth

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Edward Hargraves was a colorful explorer and gold prospector born in 1816 in Gosport, Hampshire, Australia. He is most famous for his discovery of gold in New South Wales in 1851, which sparked the Australian gold rush. Prior to his gold prospecting, Hargraves had experience as a shopkeeper, sailor, publican, and adventurist. He had also studied various techniques such as cradling, panning, and excavating. After an unsuccessful expedition in California in 1850, he inferred that the landscape of New South Wales had a probability of containing similar gold deposits. His discovery of gold in Ophir earned him name, fame, government rewards, testimonials, and trophies.
Edward Hargraves is a member of Miscellaneous

Age, Biography and Wiki

Who is it?	Gold Prospector
Birth Day	October 07, 1816
Birth Place	Gosport, Hampshire, Australian
Age	203 YEARS OLD
Died On	29 October 1891(1891-10-29) (aged 75)\nSydney
Birth Sign	Scorpio
Occupation	Commissioner of Crown Lands
Known for	Australian gold rush

💰 Net worth

Edward Hargraves, famously known as the Gold Prospector in Australia, is projected to have a net worth ranging from $100,000 to $1 million by the year 2024. Hargraves is renowned for his significant contributions to the Australian gold rush, which began in 1851. As the first person to commercially discover gold in Australia, his findings sparked an influx of prospectors and played a pivotal role in the nation's economic development. With his impressive accomplishments in the gold mining industry, it is no wonder that Hargraves' net worth is expected to reach such considerable heights in the coming years.

Biography/Timeline

1851

Edward Hammond Hargraves was born in Gosport, Hampshire, England, the third son of Lieutenant John Edward Hargraves and his wife Elizabeth Hargraves. He was educated at Brighton Grammar School in England and Lewes. He travelled to California during the California Gold Rush, but his prospecting there was not successful. On 12 February 1851 he, with John Lister, william and James Tom, found five specks of gold in Lewis Ponds Creek in New South Wales Australia. Enlisting the help of others to continue the search, he returned to Sydney in March to interview the Colonial Secretary, and, encouraged by his friends at Bathurst, wrote to the Sydney Morning Herald describing the rich fields.

1855

Hargraves wrote a book about his discovery titled Australia and its Goldfields: a historical Sketch of the Australian colonies from the earliest times to the present day with a particular account of the recent gold discoveries, published in 1855.

1856

In 1856, Hargraves purchased a 640-acre (260 ha) landing at Budgewoi on the Central Coast of New South Wales. He went on to build "Norahville" at Noraville. Wollombi Aboriginal Tribe members are known to have worked on the property. Some sources state that Hargraves had "befriended" the Aboriginal tribe members.

1891

In 1877, Hargraves was granted a pension of £250 per year by the Government of New South Wales, which he received until his death. Shortly before his death in Sydney on 29 October 1891, a second enquiry found that John Lister and James Tom had discovered the first goldfield. Lister is buried in the cemetery at Millthorpe, NSW and Tom at Byng, NSW, both within 20km of Ophir.

2013

Hargraves was rewarded by the New South Wales Government for his find – he was paid £10,000 and was appointed Commissioner of Crown Lands. The Victorian Government paid him £5,000. He only claimed £2,381 before the funds were frozen after James Lister protested. An enquiry was held in 1853 which upheld that Hargraves was the first to discover the goldfield. The goldfield, Ophir, New South Wales, was then named Ophir.