World Library  
Flag as Inappropriate
Email this Article

Clive Palmer

Article Id: WHEBN0024092567
Reproduction Date:

Title: Clive Palmer  
Author: World Heritage Encyclopedia
Language: English
Subject: Palmer United Party, Jacqui Lambie, Australian federal election, 2013, Rupert Murdoch, Gold Coast United FC
Collection: 1954 Births, Australian Billionaires, Australian Businesspeople, Australian Living Treasures, Australian Mining Entrepreneurs, Australian People of Irish Descent, Australian Roman Catholics, Australian Soccer Chairmen and Investors, Businesspeople from Melbourne, Gold Coast United Fc, Liberal National Party of Queensland Politicians, Living People, Members of the Australian House of Representatives, Members of the Australian House of Representatives for Fairfax, National Party of Australia Members of the Parliament of Queensland, Palmer United Party Members of the Parliament of Australia, Palmer United Party Politicians, People Educated at Toowoomba Grammar School, People from the Gold Coast, Queensland, Political Party Founders, Politicians from Melbourne, Queensland National Politicians
Publisher: World Heritage Encyclopedia

Clive Palmer

Clive Palmer
Clive Palmer in 2012
Leader of the Palmer United Party
Assumed office
1 April 2013
Preceded by Party Created
Member of the Australian Parliament
for Fairfax
Assumed office
7 September 2013
Preceded by Alex Somlyay
Personal details
Born Clive Frederick Palmer
(1954-03-26) 26 March 1954
Melbourne, Australia
Citizenship Australian
Political party Palmer United Party (2013–present)
Other political
National (1969–2008)
Liberal National (2008–2012)
Spouse(s) Susan Palmer (m. 1983-2005; her death)
Anna Topalov-Palmer (m. 2007-present)
Children 4
Residence Sovereign Islands, Gold Coast, Queensland[1]
Occupation Politician; director and owner, Mineralogy Pty Ltd
Waratah Coal
Religion Roman Catholicism[4][5]
Net worth Decrease A$1.22 bn (2014 BRW)[6]
Decrease US$550 m (2014 Forbes)[7]

Clive Frederick Palmer (Born 26 March 1954) is an Australian businessman, politician and owner of Mineralogy.[8] He has iron ore, nickel and coal holdings.[9] Palmer's net worth was estimated by Forbes magazine to be US$550 million as of January 2014;[7] while the BRW magazine estimated his wealth at A$1.22 billion as of June 2014.[6]

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.[9][10]

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.[11] The ship was to be built in China and set sail in late 2016,[11] later postponed to 2018. However, as of May 2015 building has not begun and there is no sign of the project moving forward.[12] Palmer also added over 100 animatronic dinosaurs to his resort in Coolum, creating a simulated Jurassic Park.[13][14]

In 2013, he established the Palmer United Party and contested the federal election. Palmer won the Queensland seat of Fairfax in the Australian House of Representatives.[15]


  • Early life 1
  • Business career 2
    • Natural resources 2.1
    • Soccer 2.2
    • Other activities 2.3
    • Announcements 2.4
      • Titanic II 2.4.1
      • Palmer Coolum Resort: Dinosaur Park 2.4.2
  • Politics 3
    • Member of Parliament 3.1
  • Personal life 4
  • Wealth rankings 5
  • See also 6
  • References 7
  • External links 8

Early life

Palmer was born in Melbourne on 26 March 1954, and spent his early years in the suburb of Akron Tyre Co. and the Akron Broadcasting Co. and, thus, the founder of Melbourne broadcasting station 3AK (now operating as SEN 1116).[19]

Palmer studied law, journalism and politics at the University of Queensland from 1973 to 1975, dropping out before completing his degree. He later completed a Diploma of Law through the Queensland Bar Board, and worked as an instructing solicitor and interviewing officer for the Public Defender's Office.[20]

Business career

Natural resources

Palmer is the owner of Mineralogy, a company which has 160 billion tonnes of iron ore reserves in the Pilbara Ranges, in remote Western Australia.[21]

In 2008, Palmer bought Waratah Coal.[22]

In 2009, he bought Queensland Nickel and the Palmer Nickel and Cobalt Refinery.[23] 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.[24]


Palmer purchased the Gold Coast United soccer club in 2008 to improve his profile in China.[25] In October 2009, he made a decision to cap attendances of Gold Coast United home games at Skilled Park stadium to 5,000,[26] in a bid to save money.[26] After widespread backlash and only 2616 fans attending the next home game, the idea was scrapped after the intervention of Football Federation Australia.[26]

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.[27] Lowy has stated that he acted in order to protect the integrity of the sport.[28] However, Palmer stipulated that he would contest the decisions through legal action and claimed Lowy was a dictator.[28] Despite a ruling ordering the removal of "Freedom of Speech" logos on their shirts, Palmer has indicated they will remain.[29] On 2 March 2012, Palmer lost his Supreme Court bid against Gold Coast United's expulsion from the A-League.[30]

In 2012, after the FFA revoked his Gold Coast United A-League license, Palmer founded

Parliament of Australia
Preceded by
Alex Somlyay
Member for Fairfax
  • Palmer United Party website
  • Memo of understanding between the Palmer and Motoring parties

External links

  1. ^ a b
  2. ^
  3. ^
  4. ^ a b
  5. ^ a b
  6. ^ a b c
  7. ^ a b c
  8. ^
  9. ^ a b
  10. ^
  11. ^ a b
  12. ^ Fraser, Kelmeny and Walsh, Liam (21 July 2014) Clive Palmer’s Blue Star Line has quietly readjusted the launch date for Titanic II to 2018. The Courier-Mail
  13. ^
  14. ^ a b c
  15. ^
  16. ^ a b
  17. ^ a b c Mr. CLIVE FREDERICK PALMER – the Brisbane Mining Club. Published 2007. Retrieved 26 April 2013.
  18. ^ Clive Palmer's near death experience in AWW in 1967 | Australian Women's Weekly. (1 September 2014). Retrieved on 2015-05-05.
  19. ^ The Magic Spark. 50 Years of Radio in Australia. Walker, R.R. Hawthorn Press, Melbourne, 1973.
  20. ^ Shorten, Kristin. (9 September 2013) Everything you need to know about Clive Palmer's life. Retrieved on 2015-05-05.
  21. ^
  22. ^
  23. ^
  24. ^
  25. ^
  26. ^ a b c
  27. ^
  28. ^ a b
  29. ^
  30. ^
  31. ^
  32. ^
  33. ^ a b
  34. ^
  35. ^
  36. ^ Christine Sams, Cosima Marriner: National living treasure uproar, Sydney Morning Herald, 4 March 2012. Retrieved 16 March 2012.
  37. ^
  38. ^
  39. ^ USA TODAY
  40. ^
  41. ^
  42. ^
  43. ^
  44. ^
  45. ^ Former SA resident Clive Palmer wants to field candidates in 2014 state election: The Advertiser 12 October 2013. Retrieved on 5 May 2015.
  46. ^ "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." Australian StoryTranscript: "Larger Than Life", – Australian Broadcasting Corporation. Published 7 May 2012. Retrieved 26 April 2013.
  47. ^ 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.
  48. ^ "Palmer is a life member of the National Party and was the party's media spokesman during the 1986 state election. The Queensland 2006 rich list – Brisbane Times. Published 20 July 2007. Retrieved 26 April 2013.
  49. ^ 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.
  50. ^ Berry, Petrina (2012). Clive Palmer to stand against Wayne Swan – The Sydney Morning Herald. Published 30 April 2012. Retrieved 26 April 2013.
  51. ^ Clive Palmer dodges Wayne Swan in Lilley – The Australian. Published 3 July 2012. Retrieved 26 April 2013.
  52. ^ Wright, Jessica (2012). Katter warns Palmer he risks the knackery – The Sydney Morning Herald. Published 5 July 2012. Retrieved 26 April 2013.
  53. ^ Clive Palmer resigns from LNP – Gold Coast Bulletin. Published 23 November 2012. Retrieved 27 April 2013.
  54. ^ Feeney, Katherine (2012). Palmer suspended from LNP – Brisbane Times. Published 9 November 2012. Retrieved 27 April 2013.
  55. ^ Clive Palmer quits LNP on eve of showdown – ABC News. Published 23 November 2012. Retrieved 27 April 2013.
  56. ^
  57. ^
  58. ^ Clive Palmer faces fresh objections to party name – Sydney Morning Herald. (3 July 2013). Retrieved on 2015-05-05.
  59. ^ Palmer United Party – Australian Electoral Commission. Retrieved on 5 May 2015.
  60. ^
  61. ^ Palmer backs away from CIA claims – Sydney Morning Herald. Retrieved on 5 May 2015.
  62. ^
  63. ^
  64. ^
  65. ^
  66. ^
  67. ^
  68. ^ Shared tragedy led to romance for Clive Palmer – The Courier-Mail. Published 6 May 2012. Retrieved 26 April 2013.
  69. ^ Clive Palmer was 'father' to his now bride – The Sydney Morning Herald. Published 7 May 2012. Retrieved 26 April 2013.
  70. ^ Walker, Jamie (2012). Clive Palmer: having it all – The Australian. Published 18 August 2012. Retrieved 26 April 2013.
  71. ^
  72. ^
  73. ^
  74. ^
  75. ^
  76. ^
  77. ^


See also

Year BRW
Rich 200
Australia's 40 Richest
Rank Net worth (AUD) Rank Net worth (USD)
2011[73][74] 5 Increase $5.05 billion Increase n/a not listed
2012[75][76] 8 Decrease $3.85 billion Decrease 29 Increase $0.80 billion Increase
2013[77] $2.20 billion Decrease
2014[6][7] 28 Decrease $1.22 billion Decrease 50 Decrease $550 m Decrease
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Wealth rankings

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.[71] Palmer has also suffered from sleep apnoea.[72]

[5][4] Palmer is a devout [70] They have two daughters.[69] His first wife, Susan Palmer, died from cancer in 2005. In 2007, he married Anna.[68] Palmer was married to his first wife for 22 years. He has two adult children: a son and a daughter.

Palmer lives in a large villa at the Palmer Coolum Resort, Queensland. 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". Palmer also owns homes at Broadbeach Waters on the Gold Coast, Fig Tree Pocket in Brisbane and in Sofia in Bulgaria.[1] Other holdings include properties in Brisbane, Jandowae on the Darling Downs, Queensland, Port Douglas in Queensland and Bora Bora, French Polynesia. In addition, his wife, Anna Palmer owns an undisclosed number of properties held in trust.[67]

Personal life

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."[65][66]

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".[61][62] 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.[63] His claims were also rejected by the CIA.[64]

Palmer ran as the candidate in the Division of Fairfax for his party. In the election, he won the first count by 7 votes and an automatic recount was started.[60]

Member of Parliament

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.[56][57] 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).[58] The AEC determined that the names 'Uniting Australia Party' and 'Palmer United Party' were distinct and the name 'Palmer United Party' was not prohibited.[59]

Several months after announcing his intent to seek preselection, Palmer resigned his life membership of the Liberal National Party.[53] His membership of the party had been suspended on 9 November, following comments on the actions of state government ministers.[54] He was re-instated to the party on 22 November, but resigned the same day.[55]

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.[49][50] 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).[51][52]

Palmer was against the "Joh for Canberra" campaign, which unsuccessfully attempted to get Bjelke-Petersen elected as Prime Minister of Australia at the 1987 federal election.[48] He was elected to life membership of the party in 1992, which he retained after the state branches of the The Nationals and Liberal Party merged to form the Liberal National Party of Queensland in 2008.[17]

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.[45] 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.[46] 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.[47]


Palmer Coolum Resort has 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[44]

"Palmersaurus" garnered early controversy when the Australian PGA Championship withdrew from the course, citing disagreements about the location of the park.[14]

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.[43] On 14 December 2013, the dinosaur park, now called "Palmersaurus", was opened to the public,[14] with Terri, Bindi and Bob Irwin as guests of honour.

Palmer Coolum Resort: Dinosaur Park

During the first half of 2015 evidence accumulated strongly suggesting that the project had been abandoned. In March it was reported that no work had begun or been ordered in the Chinese shipyard identified as the likely site of construction with workers highly skeptical that the project would ever move beyond the proposal stage.[40] On March 26, 2015, the Blue Star Line trademark was listed as "abandoned".[41] As of May 2015 Blue Star Line had made no updates to its official web site or media pages in over one year.[42]

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 was planned that Titanic II would be built in China and would make its maiden voyage from Southampton to New York City in 2016 (later postponed to 2018). Palmer hoped 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 would be 883 feet long, weigh 55,800 gross tons and carry 2,435 passengers and 900 crew. The Titanic II would 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 would be no TVs aboard and probably no Internet service, Palmer said.[33][39]

Titanic II


On 4 March 2012, Palmer was named, amid controversy,[36] as a National Living Treasure by the New South Wales Branch of the National Trust of Australia.[37][38]

In December 2012, on Christmas Day, Palmer hosted a buffet lunch for 650 disadvantaged people, mostly children and their families.[35]

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 named president of the alliance's business chapter, the World Economic Council.[34]

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.[32] In 2008 Palmer was appointed adjunct professor of management at Bond University on the Gold Coast.[33]

Other activities


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.