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|Leader of the Palmer United Party|
1 April 2013
|Preceded by||Party Created|
|Member of the Australian Parliament
7 September 2013
|Preceded by||Alex Somlyay|
|Born||Clive Frederick Palmer
26 March 1954
|Political party||Palmer United Party (2013–present)|
Liberal National (2008–2012)
(m. 1983—2005; her death)
(m. 2007 -)
|Residence||Sovereign Islands, Gold Coast, Queensland|
|Occupation||Politician; Director and owner, Mineralogy Pty Ltd
|Net worth|| A$1.22 bn (2014 BRW)
US$550 m (2014 Forbes)
Clive Frederick Palmer (born 26 March 1954) is an Australian businessman, politician, political activist, and owner of Mineralogy. He has iron ore, nickel and coal holdings. Palmer's net worth was estimated by Forbes magazine to be US$550 million as of January 2014; while the BRW magazine estimated his wealth at A$1.22 billion as of June 2014.
Palmer owns Mineralogy, Waratah Coal, Palmer Industries, Queensland Nickel at Townsville, Palmer Coolum Resort on the Sunshine Coast, Palmer Sea Reef Golf Course at Port Douglas, Palmer Colonial Golf Course at Robina, and the Palmer Gold Coast Golf Course, also at Robina. He owned Gold Coast United FC from 2008 to 2012.
In April 2012, he announced that he had signed a memorandum of understanding with CSC Jinling Shipyard to construct a replica of RMS Titanic, the Titanic II. The ship will be built in China and will set sail in late 2016. Palmer also added over 100 animatronic dinosaurs to his resort in Coolum, creating a simulated Jurassic Park.
- 1 Early life
- 2 Business career
- 3 Politics
- 4 Family property holdings
- 5 Personal life and health
- 6 Wealth rankings
- 7 See also
- 8 References
- 9 External links
Palmer was born in Melbourne on 26 March 1954, and spent his early years in the suburb of Williamstown. His family moved to Queensland in 1963 and Palmer was largely raised on the Gold Coast, where he attended Aquinas College and Southport State High School, although he also attended Toowoomba Grammar School. Palmer studied law and journalism studies at the University of Queensland from 1973 to 1975, dropping out before completing his degree.
In 2008, Palmer bought Waratah Coal.
In 2009, he bought Queensland Nickel and the Palmer Nickel and Cobalt Refinery. The following year, the company increased production by 30%, prompting him to give $10 million worth of Christmas bonuses to staff including 55 Mercedes-Benz B-Class cars and overseas holidays.
Palmer purchased the Gold Coast United soccer club in 2008 to improve his profile in China. In October 2009, he made a decision to cap attendances of Gold Coast United home games at Skilled Park stadium to 5,000, in a bid to save money. After widespread backlash and only 2616 fans attending the next home game, the idea was scrapped after the intervention of Football Federation Australia.
On 29 February 2012, Ben Buckley and Frank Lowy announced that his license for Gold Coast United FC was to be revoked for constant breaches of FFA rules and regulations and sought to pay out the contracts of the players for the remaining month of the season. Lowy has stated that he acted in order to protect the integrity of the sport. However, Palmer stipulated that he would contest the decisions through legal action and claimed Lowy was a dictator. Despite a ruling ordering the removal of "Freedom of Speech" logos on their shirts, Palmer has indicated they will remain. On 2 March 2012, Palmer lost his Supreme Court bid against Gold Coast United's expulsion from the A-League.
In 2012, after the FFA revoked his Gold Coast United A-League license, Palmer founded Football Australia – a competing organisation for the sport of soccer in Australia that operated without any international affiliates.
In June 2002, Palmer was appointed Adjunct Professor of Business at Deakin University's Faculty of Business and Law, a role he held until 2006. During that time, he delivered a series of lectures as part of Deakin's MBA Residential Programs. In 2008 Palmer was appointed Adjunct Professor of Management at Bond University on the Gold Coast.
In December 2012, Palmer was appointed secretary general of the World Leadership Alliance, a democracy-promoting council that includes former US president Bill Clinton, Myanmar's opposition leader Aung San Suu Kyi. Palmer was also named president of the alliance's business chapter, the World Economic Council.
In December 2012, on Christmas Day, Palmer hosted a buffet lunch for 650 disadvantaged people, mostly children and their families.
In February 2013, at a press conference in New York, Palmer announced plans to build a modern-day replica of the liner RMS Titanic. It is planned that Titanic II will be built in China and will make its maiden voyage from Southampton to New York in 2016. Palmer hopes to re-create the Titanic as closely as possible with its familiar outside looks and also on the inside. According to Palmer, the Titanic II will be 883 feet long, weigh 55,800 gross tons and will carry 2,435 passengers and 900 crew. The Titanic II will honour the memories of those who died and survived on the Titanic, Palmer said. The Titanic was operated by the White Star Line, and Palmer’s cruise company is called Blue Star Line. Like the original ship, there will be no TVs aboard and probably no Internet service, he says.
Palmer Coolum Resort: Dinosaur Park
After announcing the Titanic II plans, Palmer announced his plans to build a park that features animatronic dinosaurs. He originally proposed that it be called Jurassic Park after the film of the same name, but due to copyright issues the proposed name was changed to "Palmer Coolum Resort: Dinosaur Park". Palmer ordered more than 160 animatronic dinosaurs, which included an initial shipment of a 3.5 meter tall, 20 meter long T-Rex, nicknamed "Jeff". Palmer received full council approval for the park on 25 July 2013, and it was expected to open to the public in 2014. On 14 December 2013, the dinosaur park, now called "Palmersaurus", was opened to the public, with Terri, Bindi and Bob Irwin as guests of honour.
Palmer Coolum Resort has also been subject of a story by the ABC's 7:30 in which owners of villas at the resort allege Clive Palmer has been locking them out of their villas
Palmer was instrumental in the split of the South Australian conservatives in the 1970s, and was active in the Liberal Movement headed by former Premier of South Australia Steele Hall. Palmer joined the Queensland division of the National Party of Australia in 1974, having been influenced by the policies of Joh Bjelke-Petersen, Premier of Queensland at the time. From the early 1980s onwards, he was involved in state politics, serving as the National Party's campaign director during the 1983 state election and as media spokesman during its 1986 election campaign, both of which were successful.
The following year, Palmer was a supporter of the "Joh for Canberra" campaign, which unsuccessfully attempted to get Bjelke-Petersen elected as Prime Minister of Australia at the 1987 federal election. He was elected to life membership of the party in 1992, which he retained after the state branches of the National Party and Liberal Party merged to form the Liberal National Party of Queensland in 2008.
In late April 2012, Palmer announced that he would contest Liberal National Party preselection for the Division of Lilley at the 2013 federal election, which is currently held by Wayne Swan, the former Deputy Prime Minister and Treasurer. However, later that year, in July, he announced his intention to seek preselection for a different seat, including possibly the Division of Kennedy, held by Bob Katter of Katter's Australian Party (formerly sitting as a National and an independent).
Several months after announcing his intent to seek preselection, Palmer resigned his life membership of the Liberal National Party. His membership of the party had been suspended on 9 November, following comments on the actions of state government ministers. He was re-instated to the party on 22 November, but resigned the same day.
On 25 April 2013, Palmer announced a "reformation" of the United Australia Party, which had been folded into the present-day Liberal Party in 1945, to stand candidates in the 2013 federal election, and had applied for registration in Queensland. Another political party, The United Party, lodged a formal objection to registration of the name 'Palmer United Party' (PUP) with the Australian Electoral Commission (AEC). The AEC determined that the names ‘Uniting Australia Party’ and ‘Palmer United Party’ were distinct and the name ‘Palmer United Party’ was not prohibited.
Member of Parliament
Palmer accused Drew Hutton and Greenpeace of receiving funding from the CIA, due to his involvement in the preparation of a Greenpeace strategy titled "Stopping the Australian Coal Export Boom". His claims were dismissed by Greenpeace senior campaigner John Hepburn as "ludicrous", who said that Greenpeace would not accept money from any government, corporation or secret service. His claims were also rejected by the CIA.
In his maiden speech to federal parliament, Palmer implied that the government was "deaf to the everyday struggles of all Australians" and stated that "the entrenchment of the two-party system in this country not only threatens democracy but destroys the creativity of the nation."
Family property holdings
The Palmer family's property holdings include their six bedroom, 11 bathroom, 22 car garage Queensland residence in the waterfront Gold Coast suburb of Sovereign Islands. News Limited reports that property records reveal "Mr Palmer, his family and associates own a total of 11 homes in the Sovereign Islands, a gated enclave developed on reclaimed land on the banks of the Southport Broadwater". Other known properties are homes at Broadbeach Waters on the Gold Coast, Fig Tree Pocket in Brisbane, a large villa at the Palmer Coolum Resort and in Sofia in Bulgaria. Other holdings include properties in Brisbane, Jandowae on the Darling Downs, Queensland, Port Douglas in Queensland and Bora Bora, French Polynesia. In addition Anna Palmer owns an undisclosed number of properties held in trust for their daughter.
Personal life and health
Palmer was married to his first wife, Susan, for 22 years, with the couple having two children (a son and a daughter). Susan died from cancer in 2005, and Palmer remarried in 2007, to Anna (formerly Topalov), who had been widowed the previous year. Clive Palmer was close friends with Anna's husband Andrew Topalov, who died from melanoma. Palmer actually walked Anna down the aisle to her first wedding with Topalov after her parents could not make the wedding. 20 years his junior, after the shared tragedy and long term friendship Palmer married Anna. The couple's first child, a daughter, was born the following year, and a second daughter was born in December 2013. Palmer is a devout Roman Catholic, and was a prominent member of Right to Life Australia while at university, organising anti-abortion rallies on campus.
While watching a soccer game in October 2009, Palmer was thought to have suffered a heart attack, and was taken to hospital. However, doctors dismissed it as merely a heart palpitation. Palmer has also suffered from sleep apnoea.
Australia's 40 Richest
|Rank||Net worth (AUD)||Rank||Net worth (USD)|
|2011||5||$5.05 billion||n/a||not listed|
|2012||8||$3.85 billion||29||$0.80 billion|
|2014||28||$1.22 billion||50||$550 m|
|Has not changed from the previous year|
|Has increased from the previous year|
|Has decreased from the previous year|
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- "Good news for tourism". The Courier-Mail. 1 April 2012.
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- "Clive Palmer – Extended Interview Transcript – Part One". Australian Story. Australian Broadcasting Corporation. 7 May 2012. Retrieved 14 May 2013.
- Mr. CLIVE FREDERICK PALMER – the Brisbane Mining Club. Published 2007. Retrieved 26 April 2013.
- Everything you need to know about Clive Palmer's life | News.com.au
- "Final Deal Aug06 - FINAL.pdf". austresources.com.au. 7 August 2006. Retrieved 28 September 2009.
- Andrew Fraser and Andrew Burrell (13 February 2010). "The magnate's Chinese whispers". The Australian (News Limited). Retrieved 10 November 2011.
- "Queensland Nickel: Our History". Queensland Nickel. Retrieved 16 January 2013.
- Michaela McNamara (21 November 2010). "Queensland Nickel Employees Get Mercedes & Vacations for Christmas". Business Review Australia. Retrieved 5 March 2012.
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- "Graduation – past ceremonies". Waterfront Campus, Deakin University. 2 April 2008. Retrieved 28 September 2009.
- "Professor Clive and Mrs Anna Palmer". Southport Chamber of Commerce. Retrieved 28 February 2013.
- "Palmer joins Clinton, Suu Kyi in alliance". Herald Sun (News Limited). 18 December 2012. Retrieved 27 December 2012.
- Kristin Shorten (25 December 2012). "Clive Palmer hosts 600 disadvantaged people at Christmas Day lunch at Palmer Coolum Resort". The Courier Mail (News Queensland). Retrieved 27 December 2012.
- Christine Sams, Cosima Marriner: National living treasure uproar, Sydney Morning Herald, 4 March 2012. Retrieved 16 March 2012.
- "Seven added to national living treasure list". Lauren Farrow (Canberra Times). 5 March 2012. Retrieved 8 March 2012.
- "National Living Treasure Palmer takes swipe at Swan". ABC News (Australian Broadcasting Corporation). 4 March 2012. Retrieved 4 March 2012.
- USA TODAY
- Skinner, Jo; Atkinson, Bruce (25 July 2013). "Clive Palmer gets go-ahead to build world's biggest dinosaur park at Coolum Resort". ABCnews. ABC. Retrieved 28 July 2013.
- "Clive Palmer's battle to force people from their homes at his resort - 06/05/2014". ABCnews. ABC. 6 May 2014. Retrieved 10 May 2014.
- Former SA resident Clive Palmer wants to field candidates in 2014 state election: The Advertiser 12 October 2013
- "The Gold Coast in the 60s was a great place to be. Joh Bjelke-Petersen was premier. And he talked about the need to see the state grow. So, as I grew up, I was very impressed by all that." Transcript: "Larger Than Life", Australian Story – Australian Broadcasting Corporation. Published 7 May 2012. Retrieved 26 April 2013.
- Syvret, Paul (2012). Calamity Clive: Has Queensland's richest man Clive Palmer lost the plot? – The Courier-Mail. Published 3 March 2012. Retrieved 26 April 2013.
- "Palmer is a life member of the National Party and was the party's media spokesman during the 1986 state election. He was a backer of the Joh for PM campaign." Moore, Tony (2007). The Queensland 2006 rich list – Brisbane Times. Published 20 July 2007. Retrieved 26 April 2013.
- Fraser, Andrew, and Vasek, Lanai (2012). Clive Palmer seeks LNP preselection to take on Wayne Swan in the next federal election – The Australian. Published 2 May 2012. Retrieved 26 April 2013.
- Berry, Petrina (2012). Clive Palmer to stand against Wayne Swan – The Sydney Morning Herald. Published 30 April 2012. Retrieved 26 April 2013.
- Clive Palmer dodges Wayne Swan in Lilley – The Australian. Published 3 July 2012. Retrieved 26 April 2013.
- Wright, Jessica (2012). Katter warns Palmer he risks the knackery – The Sydney Morning Herald. Published 5 July 2012. Retrieved 26 April 2013.
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- Feeney, Katherine (2012). Palmer suspended from LNP – Brisbane Times. Published 9 November 2012. Retrieved 27 April 2013.
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- "Palmer to re-form UAP party for election". Brisbane Times. 25 April 2013.
- Clive Palmer faces fresh objections to party name - Sydney Morning Herald
- Palmer United Party - Australian Electoral Commission
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- Palmer backs away from CIA claims - Sydney Morning Herald
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- Matt Wordsworth and staff (20 March 2012). "Palmer says green groups funded by CIA". ABC News (Australian Broadcasting Corporation). Retrieved 22 March 2012.
- Emma Griffiths (21 March 2012). "CIA hits back at Palmer conspiracy claims". ABC News (Australian Broadcasting Corproation). Retrieved 22 March 2012.
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- "GOVERNOR-GENERAL'S SPEECH Address-in-Reply". House Hansard. Parliament of Australia. 2 Dec 2013.
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- "Passport Power". BRW Rich 200 Wealth Index (Australia). 25 May 2011. Retrieved 2 June 2012.
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- "Rich 200 2012". BRW. Digital Media. Retrieved 28 February 2013.
- "Australia's 40 Richest". Forbes. 2013. Retrieved 28 February 2013.
- Stensholt, John (24 June 2014). "BRW Rich 200: Clive Palmer shows how to lose a cool billion". BRW (Sydney). Retrieved 29 June 2014.
|Parliament of Australia|
|Member for Fairfax