- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $3.5 Billion
- Birthdate:
- 1935 (89 years old)
- Gender:
- Male
- Profession:
- Real estate development
What is John Gandel's Net Worth?
John Gandel is an Australian businessman and a property developer who has a net worth of $3.5 billion. Even though John Gandel inherited much of his estate from his Polish-immigrant parents (founders of the Sussan women's clothing chain), his real wealth came from shopping malls that he bought from Myer department stores in 1980s. Gandel's healthy investments in listed property companies contributed his tycoon's net worth to increase significantly. While the constant growth of his fortune, both in the development of commercial real estate and in the main shopping centers located in Melbourne, Victoria, helped him rank among the top ten wealthiest Australians by both the BRW Rich 200 and Forbes magazine.
In addition to making money, he also donates money to health care, the arts and Jewish education. Gandel got his education at Melbourne High School, and he is married with two children. He lives in Melbourne, Victoria with his wife, Pauline, with whom he collects Japanese art.
