Terry Snow
Real Estate

Terry Snow Net Worth

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Terry Snow is a Canberra native who became a billionaire in 2017 due to a surge in the value of his property around Canberra Airport. He worked with his father and brother in the 1980s before the family business was sold and he used his share of the proceeds to buy the 99-year lease on the airport for $65 million in 1998. He has since invested in a $310 million revamp of the terminal, an office park, hotel, shopping center, and other properties around the airport. He also enjoys yachting and owns an $80 million stud farm.
Terry Snow is a member of Real Estate

Age, Biography and Wiki

Birth Place Canberra, Australia, Australia

💰 Net worth: $1.5 Billion (2024)

Terry Snow, a well-known figure in the Australian real estate industry, is currently touted to have a net worth of approximately $1.5 billion in the year 2024. With an illustrious career spanning the world of property development and investment, Snow has amassed significant wealth through his business ventures. As the founder and chairman of Capital Airport Group, he has been instrumental in transforming Canberra into a thriving economic hub. His noteworthy achievements include the development of the award-winning precinct, Brindabella Business Park. With such remarkable financial success, Terry Snow continues to make his mark in the real estate landscape of Australia.

Biography/Timeline

1990

Snow established the Snow Foundation in 1990 along with his brother, George. Now valued at over A$10 million, it donates to regional charities and organisations helping needy people.

2005

In 2005 he published the "Living City" proposal for the redevelopment of Canberra. This caused some controversy, especially after the proposal's rebuff by the ACT Government and combined with his provocative assertion that Canberra is a "dead-set boring" city that had been "going backwards since self-government".

2013

Snow is Executive Chairman of the Capital Airport Group, the company which owns the lease for the land which contains Brindabella Business Park, Defence Establishment Fairbairn and associated Fairbairn Business Park, and the Majura Park shopping precinct. In 2013, Snow was ranked by Forbes as Australia's 39th richest person, with a net worth of $755 million.

Some Terry Snow images

Tags 1943 births People from Canberra Australian businesspeople Australian philanthropists Living people Commercial aviators

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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.