Harry Triguboff

Harry Triguboff is an Australian property developer and a real estate investor. According to Forbes, Triguboff is the 6th richest person in Australia and the 276th richest person in the world with an estimated wealth of $4.5 billion

Quick Facts

Net Worth: $4.5 Billion

Source: Real Estate, Self-Made

Born: March 3, 1933

Nationality: Australian

Residence: Sydney, Australia

Marital Status: Married with 2 Kids

harry triguboff

Background

Triguboff was born on March 3, 1933 in Dalian, China to a Russian-Jewish couple. He became an Australian Citizen in 1961, and started out by doing a variety of odd jobs including owning a milk round and running a taxi fleet. He also tried his hand in selling real estate and even worked as an assistant to a lecturer, but he didn’t achieve any success. He started to experience success when he started building residential units back in 1963. This self-made billionaire is the founder and managing director of Meriton Apartments Pty Ltd. 

harry triguboff

Today, Triguboff is one of the most successful property developers as well as one of the wealthiest people in Australia. Forbes ranks him as the 5th richest person in Australia with an estimated net worth of $4.5 billion as of March 2013. Most of his fortune derives from leasing most of his developments to long and short term tenants, as well as benefits from capital appreciation.

harry triguboff

Meriton Apartments Pty Ltd

Meriton Apartments Pty Ltd is Australia’s largest and most successful property developer that was established by Triguboff in 1963. Triguboff had built a block of 18 units at Meriton Street, and decided to register his company under the street name in 1963. 

Since then, he has become one of the most successful property developers in Australia. Triguboff acts as the Managing Director and Chairman of Meriton Apartments Pty Ltd, a company that has built close to 50,000 residential units, mainly apartments and townhouses.

harry triguboff

In 2010, it was claimed that Meriton Apartments Pty Ltd was capable of building an average of 1000 apartments annually. The company under the leadership of Triguboff has mainly focused on Sydney’s Central Business District, Brisbane in Queensland and the Gold Coast, selling more apartments than any other residential property developer in Australia. In 2004, this company finished building the World Tower, which is the tallest residential apartment building in Sydney. 

harry triguboff

Legal Battles 

Harry Triguboff has been involved in various legal battles in relation to his company’s building ethics. In 2012, Meriton and the Owner’s corporation were entangled in a long running court dispute over alleged violations of their contract and key building defects, with maintenance problems worth over A$1 million.

Awards and Honors

  • On January 1996, Triguboff was appointed a Member of the Order of Australia for his dedication to philanthropy, as well as his service to the building and construction industry.
  • On June 1999, he was appointed an Officer of the Order for his service to the residential construction industry and his dedication to the community as a philanthropist.
  • In 2003, he became the first Australian to win the Australia’s Property Person of the Year Award. He won the award again in 2009.
  • In 2011, he was given the Gold Harold Humanitarian Award for supporting work to educate the youth about drugs and well-being.

Personal Life

Triguboff‘s marriage to his first wife brought forth two daughters, Sharon Triguboff Handler and Orna Triguboff. Unfortunately, his first marriage ended in a divorce. Triguboff is currently married to Rhonda Triguboff with whom he resides in Sydney, Australia. Triguboff owns a collection of cars. It is also alleged that this self-made billionaire neither enters into joint ventures, nor does he enter any business partnerships.

harry triguboff wife

Harry and wife, Rhonda

Interesting Facts about Harry Triguboff

  • He shares his birthday with Alexander Graham Bell (Scientist, innovator, and inventor of the first practical telephone), Jessica Biel (7th Heaven Actress), and Bella Heathcoat (Australian Film Actress).
  • He was born in the same year (1933) as Larry King (Famous TV and radio interviewer, author, and columnist). 

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)