Kerr Neilson’s profile picture

Kerr Neilson

Kerr Neilson’s profile picture
Net worth 2018: $1.46 Billion
Industry: Investments
Residence: Sydney, Australia
Country: Australia
BirthDay: 1950
Children: 2
Education: Bachelor of Arts / Science, University of Cape Town
BIOGRAPHY

Kerr Neilson was bornon 1950 in Sydney, Australia, Australia. Kerr Neilson is #1424 in List Billionaires People In The World. Kerr Neilson is a Johannesburg native who with his ex-wife, Judith, also a billionaire, still own more than half of international equities fund manager Platinum Asset Management. They had partially cashed out in a well-timed 2007 IPO. Known for his value-based contrarian stock picks that have earned him comparisons with Warren Buffett, Neilson bought his first stock at age 13. He cofounded Platinum in 1994, after moving to Sydney from South Africa a decade earlier to work for Bankers Trust Australia.

NET WORTH STATISTIC
2009

$1.1 Billion

2010

$2.2 Billion

2011

$2.4 Billion

2012

$2.1 Billion

2013

$2.7 Billion

2014

$3 Billion

2015

$3.2 Billion

2016

$1.8 Billion

2017

$1.6 Billion

2018

$1.46 Billion

TIMELINE
2016

In the latest list that was published in early 2016, following his divorce, Forbes assessed Neilson's net worth at US$1

2015

55 billion in 2015, and was assessed as having a net worth of A$1

2012

As the principal shareholder of Platinum, Neilsen yielded A$42 million in dividends during the 2012 financial year

2011

Kerr has been listed on the BRW Rich 200 since 2011

2010

Kerr Neilson first appeared on the Forbes list of Australia's 50 Richest people in 2010 with a net worth of US$2

2009

In 2009, Kerr and Judith Neilson opened the White Rabbit Gallery in Sydney to share with the public their extensive collection of contemporary Chinese art

2007

In May 2007, Neilson floated 20 percent of Platinum Asset Management on the Australian Stock Exchange

1994

Neilson established the Platinum Asset Management fund in 1994 with initial backing from George Soros

1973

After returning to South Africa in 1973, he moved to Australia ten years later as the head of retail funds management for Bankers Trust Australia (now BT Australia)

1950

Kerr Neilson (born circa 1950), is an Australian investment manager, the co-founder and managing director of Platinum Asset Management

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