What is Kerr Neilson’s Net Worth?
Kerr Neilson is a co-founder and managing director of Platinum Asset Management who has a net worth of $3 billion. Born in South Africa in 1950, Kerr Neilson is an Australian funding supervisor, making his early begins in monetary administration within the investments division of Courtaulds in London. He returned to South Africa in 1973, and ten years later he moved to Australia, the place he grew to become the pinnacle of retail funds administration for Bankers Trust Australia (now often known as BT Australia). It was in 1994, when Neilson established the Platinum Asset Management with preliminary backing from George Soros. Nowadays serving as its managing director and portfolio supervisor, Neilson is usually linked to Warren Buffett for his capacity to constantly choose high-performing shares.
Back in May 2007, he floated 20 % of Platinum Asset Management on the Australian Securities Exchange. After the 57 % of the corporate’s shares he retained have been estimated at A$2.9 billion, he grew to become one of many richest males in Australia. Being the principal shareholder of Platinum, helped him earn A$42 million in dividends all through the 2012 monetary yr. Apart from the above, Neilson is a married man with two kids. Together together with his spouse Judith, Kerr opened the White Rabbit Gallery in 2009 in Sydney, as a way to share with the world their in depth assortment of latest Chinese artwork.
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