Paul Ramsay

Paul Ramsay is an Australian entrepreneur, philanthropist and a self-made billionaire. According to Forbes, he is the 10th richest person in Australia and the 589th richest person in the world with an estimated net worth of $2.5 billion. 

Quick Facts

Net Worth: $2.5 billion

Source: Hospitals, Self-Made

Born: 1936 (Age 77)

Nationality: Australian

Marital Status: Single 

paul ramsay

Background

Ramsay was born in 1936 in New South Wales, Australia. He is the founder and Chairman of Paul Ramsay Group of companies. He is also the Chairman and major shareholder of Ramsay HealthCare Limited, the company which he developed into the largest operator of private hospitals in Australia with expansive operations overseas. 

Ramsay is ranked among the wealthiest Australians with his net worth of $2.5 billion. In Australia, he is ranked as the 10th richest person in 2013. He is also ranked as the 589th richest person in the world. In 2012, he was ranked as the 9th richest person in Australia and the 764th richest person in the world. 

paul ramsay

Business Ventures

In 1964, Ramsay founded a private psychiatric hospital in Sydney, which was the first of its kind in the country. The facility progressed into Ramsay Health Care, a privately-owned hospital company with Ramsay as its chairman. Ramsay has developed Ramsay Health Care into the largest Australian privately-owned hospital with expansive operations in the country (Australia) and overseas. Today, the hospital comprises of 117 hospitals in Australia and Europe.

paul ramsay group
ramsay health care

In 1983, Ramsay purchased a stake in the Prime Media Group and he has been serving as Chairman of the Board for quite some time. Ramsay then formed the Paul Ramsay Group, a privately-owned investment company with interests in Healthcare, Hospitality, Property Development, Media and Agribusiness

paul ramsay

Honors and Appointments

  • In 2002, Ramsay was bestowed the honor of Officer of the Order of Australia for his services to the community through the creation of private health care facilities, developing regional television services and as a supporter of a wide range of education, artistic, cultural and sporting organization.
  • In June 2002, he was on the Queen’s Birthday Gift List.
  • In 2009, Ramsay was appointed Chairman of Sydney Football Club.
  • Ramsay was also appointed to sit on the Board of Directors of Adstream.
  • He was also appointed to sit on the Board of Directors of the Australian Science Media Centre. 
  • Ramsay was also appointed to serve on the Board of the George Gregan Foundation.
  • He was also appointed to serve on the Board of the Gallipoli Medical Research Foundation.

Personal Life

At 77 years of age, Ramsay is very single. Ramsay is also a devoted philanthropist and in 2011, he made a donation of A$300,000 to the Kevin Spacey Foundation. The Kevin Spacey Foundation is a foundation that supports young writers, actors, producers and directors.

Interesting Facts about Ramsay

  • He is a university drop-out. He dropped out from the Sydney University.
  • He was born in the same year (1936) as Pope Francis (The 266th Pope of the Catholic Church) and John McCain (Arizona Senator and Republican Presidential candidate).

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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)