John Gandel

John Gandel (#923)

Global Rank #923

Country Rank #13

Country Australia

John Gandel is listed among the world billionaires tracked by Iconic Billionaires.

$ 5 B
Shopping malls
Australia
M
91 Years

Snapshot

Quick Facts

Global Rank #923

Country Rank #13

Net Worth $4.6B

Previous Worth $4.6B

Worth Change +$0.0B

Country Australia

Industry Shopping malls

Age 91 Years

Gender M

Worth As Of May 4, 2026

Residence Melbourne, Australia

Citizenship Australia

World Billionaires List Australia Billionaires Shopping malls

Profile Data

Personal Stats

Age 91

Source Of Wealth Shopping malls

Residence Melbourne, Australia

Citizenship Australia

Marital Status Married

Children 4

Education Doctorate, Monash University

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $4.6B

Current Net Worth $4.6B

Worth as of May 4, 2026

About Me

John Gandel owns half of the southern hemisphere's largest shopping mall, Chadstone, with more than 500 stores in eastern Melbourne. He also has a big stake in listed property trust Vicinity Centres, which owns the other half of Chadstone, plus other malls and outlets. He first got rich by expanding his Polish immigrant parents' clothing chain for women, Sussan, now owned by his niece, Naomi Milgrom. He made most of his wealth from the shopping malls he bought from Myer department stores for $37 million in the 1980s. Gandel owns Point Leo Estate in the state of Victoria, which has a 50-acre vineyard and a sculpture park with 60 works.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to John Gandel.

#934

Billionaires (2026)

#15

Australia's 50 Richest (2026)

Insights

Did You Know?

Gandel says the key to his success was the deregulation of shopping hours and shopping becoming a leisure activity.

He maintains Gandel Philanthropy, one of Australia's largest charitable funds.

Wealth Growth

Net Worth Growth Over Time

Tracking John Gandel's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $4.6B (May 4, 2026)