There is thousands way to earn millions and get famous. For this 85-year old billionaire Harry Oskar Triguboff, real state business became his road to riches. The veteran real state developer is worth $12.77 billion on today's date and is one of the top 10 richest Australian.
From running a taxi fleet, owning a milk round in Chatswood, Sydney and serving as an assistant lecturer, Triguboff is one of the best in the real estate business. Here, get to know about his staggering net worth and income.
Let's start with his wealth.
Real Estate Developer Harry Triguboff's Net Worth in 2018: $11.2 Billion
Harry Triguboff is a total money spinner and a tycoon in the real estate market. According to reports from the Australian business and finance newspaper AFR, Hary Triguboff has a net worth of $12.77 billion, in 2018, an increase of $1.37 billion from the previous year.
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Check out his yearly net worth released by AFR from 2011 onwards.
|Year||Net Worth (in billion)|
In 2016, Harry was ranked No. 1 on the AFR Rich 200 listed but held the mantle for a year only. Harry succeeded billionaire Anthony Pratt & family to secure the spot at No. 1 on AFR Rich 200. He slipped to No. 2 in the year, 2017 and 2018.
— Meriton (@MeritonGroup) July 27, 2017
Harry's billion-fortune can be attributed to the success of Meriton Apartments Pvt Ltd, which he established in 1963. Besides, Mertion sponsors Wests Tiger and Balmain Tigers of the National Rugby League since 1998.
The construction of Sydney's tallest residential apartment building World Tower was carried out by Meriton. World Tower was completed in 2004. In 2010, Meriton was said to construct 1,000 apartments a year, which exceeded to 3,000 per annum in 2015. As of 2015, Meriton has built more than 55,000 residential townhouses and apartments. Well, all these works have highly attributed to his net worth.
Harry Triguboff-owned Meriton has been hit with a $3m fine after a court found it engaged in misleading or deceptive conduct https://t.co/qsVyCfm5HX
— The Australian (@australian) July 31, 2018
As per an article published by SmartCompany in 2015, Harry could make $15 billion if he chooses to sell Meriton. Apart from properties owned by Meriton, Harry has several properties registered to his name.
Harry Triguboff's Lifestyle: House & Cars
Harry owns a mansion estate in Vaucluse, Wales and another in Sydney. Harry homes his Sydney mansion with his second wife Rhonda and two of his daughters, Orna, and Sharon, from his previous marriage.
Harry is fond of expensive wheels and Bentley is his first choice. Harry rides two Bentleys, an Arnage and GTC with the number plate "Hot One" and "Hot Two" respectively. Harry's Hot One is only one of two Bently's in Australia, as reported by Property Observer.
Harry, as the owner of a huge net worth, is also one of the highest taxpayers in Australia.
Harry Triguboff: One of the Highest Tax Payers in Australia
Harry is one of the highest taxpayers in Australia. In 2014, his company Triguboff's Meriton paid $75 million in taxes on taxable income of $262 billion in 2013-14, which made him into the nation's largest privately owned property taxpayers. That year, Harry had $1.19 billion in total income.