Chris Wallin
$1.4B
Born
Jan 01, 1953
Age
73
Source of Wealth
Mining
Residence
Brisbane,
Citizenship
Australia
Marital Status
Children
2
Education
Bachelor of Engineering, University of Queensland
- Armed with a geology degree, Chris Wallin was the Queensland government's chief coal geologist before starting his company, QCoal, in 1989.
- He was a billionaire in 2011 and 2012, before plunging coal prices hammered his fortune. He reappeared on the list of Australia's 50 richest in 2019 after a five-year absence.
- He rejoined the billionaire ranks after QCoal posted a five-fold increase in net profit in 2022 and paid him A$300 million in dividends.
- In 2025, QGold launched a takeover bid for shares it did not own in Venus Metals Corp for A$ 0.17 per share. The offer ended in January 2026.
- In 2024, QCoal's philanthropic arm QCoal Foundation established the Christopher Wallin Prize for Excellence in Geology to support educational opportunities in Queensland.
- He's lived in the same house in the suburban Brisbane neighborhood of The Gap for reportedly 30 years.
- Wallin also owns a clutch of smaller mining stakes.
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