Lang Walker’s profile picture

Lang Walker

Lang Walker’s profile picture
Net worth 2018: $2.28 Billion
Industry: Real Estate
Residence: Sydney, Australia
Country: Australia
Children: 3
Education: Diploma, High School
BIOGRAPHY

Lang Walker was born in Sydney, Australia, Australia. Lang Walker is #1114 in List Billionaires People In The World. Lang Walker has been in the building industry for more than half a century and has had multiple successes. He sold the bulk of his property-development company, Walker Corp., twice: in 1999 before the dot-com bust, then again in 2006, just before the financial crisis hit. He has since quickly rebuilt an empire that now has office towers, industrial estates and residential projects. He owns a fleet of yachts, all called Kokomo after his childhood dinghy.

NET WORTH STATISTIC
2013

$1.2 Billion

2014

$1.2 Billion

2015

$1.1 Billion

2016

$1.1 Billion

2017

$1.3 Billion

2018

$2.28 Billion

TIMELINE
2010

In 2010, Walker Corporation began work on its largest project to date – Collins Square, Australia's largest mixed-use development, located in Melbourne's CBD

2008

In 2008, Walker Corporation began its first Malaysian development, beginning work on Senibong Cove, a mixed-use development situated across 213 acres of waterfront land in Johor Bahru

2003

In 2003, Lang Walker exercised his right to reuse the Walker Corporation name, renaming McRoss Developments Pty Ltd as Walker Corporation

2000

In 2000, the company acquired the Queensland property Hope Island Resort, including an 18-hole golf course, and approximately 2,000 housing allotments

1999

In 1999, Lang Walker elected to sell his held shares in Walker Corporation Ltd to Australand Holdings Limited, to focus on running his private development company McRoss Developments Pty Ltd

1993

In 1993, the corporation participated in the establishment of the listed property trust The Industrial Property Trust of Australia, as a joint manager with Macquarie Bank Ltd

1990

During the 1990s, Walker Corporation primarily developed residential and retail properties

1988

In 1988, The Walker Group was officially renamed to Walker Corporation Pty Limited

1980

In the late 1980s, the Group focussed on residential and industrial development projects, and civil engineering projects in Brisbane, Melbourne and Sydney

1979

Throughout 1979 and 1980, the group undertook the development of a number of small office buildings and lower-density residential projects throughout southern Sydney

1977

In 1977, The Walker Group began residential development activities

1972

In 1972, Lang Walker founded The Walker Group, a company specialising in the new roads construction, and subdivision development

1960

In the late 1960s, Lang Walker, along with his father Alec Walker, established A & L Walker Pty Ltd in New South Wales as a plant hire and earth moving contractor

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