How much is Malcolm Turnbull worth?
|Net Worth:||$200 Million|
|Profession:||Former Prime Minister of Australia|
|Date of Birth:||October 24, 1954|
Who Is Malcolm Turnbull
Malcolm Bligh Turnbull was a trained lawyer, an entrepreneur, and the 29th Prime Minister of Australia from 2015 to 2018.
We calculate Malcolm Turnbull has a net worth of $200 million, as of 2020.
What is Turnbull’s story?
Mr. Turnbull graduated with a degree in arts and in law from the University of Sydney in 1975 and 1978, respectively. He went on a Rhodes scholarship and read law Oxford University, graduating in 1980 with a Bachelor of Civil Law, which is a graduate program.
In his professional life, Mr. Turnbull has been the general counsel of the Australian Consolidated Press Holdings Group, managed his own law firm, the managing director of Goldman Sachs, Australia, and later a partner of Goldman Sachs & Co. He has even established his own investment banking firm, Whitlam Turnbull & Co Ltd, in partnership with Neville Wran, the former Labor Premier of New South Wales, and Nicholas Whitlam, the former Chief Executive of the State Bank of New South Wales and the son of former Labor Prime Minister Gough Whitlam.
During this time as a practising barrister, Mr Turnbull was renowned for defending Peter Wright, a former MI5 official who wrote the book Spycatcher. Mr Turnbull successfully stopped the British government’s attempts to stop the book’s publication in Australia. The case was widely reported, making Turnbull a well-known figure in Australia and the United Kingdom.
Mr. Turnbull served twice as Leader of the Liberal Party, from 2008 to 2009 when he was Leader of the Opposition, and from 2015 to 2018 when he was Prime Minister.
Malcolm Turnbull is known to be one of the richest members of parliament in Australia.
As of 2020, Malcolm Turnbull has a net worth of $200 million. All of his wealth was earned during his time as a professional and an entrepreneur. He donated his entire political salary to charity.
Mr. Turnbull founded OzEmail in 1992 and saw huge growth early on persevering the dotcom bubble and finally selling to iiNet for $104 million dollars. He also owns and invests in real estate properties, including his waterfront mansion in Point Piper. While the value of the property is unknown a nearby luxury house named Altona sold for $52 million dollars, and Mr. Turnbull’s property could be worth even more.