Lindsay Fox: Difference between revisions
Albury1993 (talk | contribs) No edit summary |
|||
(43 intermediate revisions by 29 users not shown) | |||
Line 1: | Line 1: | ||
{{Short description|Australian businessman}} |
|||
{{pp-semi-blp|small=yes}} |
{{pp-semi-blp|small=yes}} |
||
{{Use Australian English|date=June 2015}} |
{{Use Australian English|date=June 2015}} |
||
{{Use dmy dates|date=March |
{{Use dmy dates|date=March 2020}} |
||
{{Infobox person |
{{Infobox person |
||
| name = Lindsay Fox |
| name = Lindsay Fox |
||
| honorific_suffix = {{post-nominals|country=AUS|AC}} |
| honorific_suffix = {{post-nominals|country=AUS|AC}} |
||
| image = |
| image = |
||
| caption = |
| caption = |
||
| birth_name = Lindsay Edward Fox |
| birth_name = Lindsay Edward Fox |
||
| birth_date = {{birth |
| birth_date = {{birth year and age|1937}} |
||
| birth_place = [[Sydney]], [[New South Wales]] |
| birth_place = [[Sydney]], [[New South Wales]], Australia |
||
⚫ | |||
| residence = {{VICcity|Toorak}}, [[Melbourne]], [[Victoria (Australia)|Victoria]] |
|||
| education = [[Melbourne High School]] |
|||
⚫ | |||
| |
| occupation = Businessman |
||
⚫ | |||
| occupation = Founder and Chairman |
|||
| years_active = 1956–present |
|||
⚫ | |||
⚫ | |||
| years_active= 1956{{spaced endash}}''present'' |
|||
⚫ | |||
| networth = {{unbulleted list|{{increase}} {{AUD}}2.91 [[1,000,000,000|bn]] {{small|(''[[Financial Review Rich List|AFR]]'' 2017)}}<ref name="afr2017"/>|{{increase}} {{USD}}2.90 bn {{small|(''[[Forbes Asia|Forbes]]'' 2015)}}<ref name="Forbes-2015list"/>}} |
|||
⚫ | |||
⚫ | |||
| website = |
|||
}} |
}} |
||
'''Lindsay Edward Fox''' {{post-nominals|country=AUS|AC}} (born 19 April 1937) is an |
'''Lindsay Edward Fox''' {{post-nominals|country=AUS|AC}} (born 19 April 1937) is an Australian businessman. In 1956, Fox founded the Australian [[logistics]] company [[Linfox]], where as of 2015 he serves as non-executive chairman. |
||
== Early life == |
== Early life == |
||
Lindsay Fox was brought up in [[ |
Lindsay Fox was born around 1937 and brought up in [[Prahran]], a suburb of [[Melbourne]]. He was educated at [[Melbourne High School]], but was asked to leave during Year 10, at age 16, due to his lack of academic interest. He started working as a truck driver and was able to use this as a springboard to found [[Linfox]].<ref name="AC">{{cite news|author=Hawthorne, Mark |url=http://www.theage.com.au/news/national/trucking-magnate-lindsay-fox-ac-plugs-into-the-power-of-dreams/2008/01/25/1201157673177.html?page=fullpage#contentSwap1 |title=Trucking magnate Lindsay Fox, AC, plugs into the power of dreams |work=[[The Age]] |date=26 January 2008 }}</ref> |
||
===Football career=== |
===Football career=== |
||
⚫ | For many of his earlier years, Fox played [[Australian rules football]] with moderate success. Recruited from the [[St Kilda Football Club]]'s thirds side (which he captained), Fox was sent to [[Golden Point Football Club]] in the [[Ballarat Football League]] before he returned to make his [[VFL/AFL|Victorian Football League]] debut for St Kilda in 1960. He did not think much of his footballing abilities, but as a [[Ruckman (Australian rules football position)|ruckman]] he went on to play 20 games (for 3 goals) from 1959 to 1961.<ref name="AC"/> Following his stint in the VFL, he went to the [[Victorian Football Association]] (VFA), playing firstly for [[Moorabbin Football Club|Moorabbin]], where he won a premiership, and then for [[Brighton Football Club|Brighton]]-[[Caulfield Football Club|Caulfield]], where he moved after Moorabbin's expulsion from the VFA.<ref>{{cite news|newspaper=The Sun News-Pictorial|publication-place=Melbourne, VIC|page=59|author=Scot Palmer|date=8 April 1964|title=Moorabbin windfall to 'wooden-spooner'}}</ref> |
||
For many of his earlier years, Lindsay Fox played [[Australian rules football]] with moderate success, and he continues his involvement with the sport. |
|||
He later returned in an administrative role, becoming the president of the St Kilda Football Club in 1979.<ref>[https://www.saints.com.au/news/1476411/vale-sheena-ferguson Vale, Sheena Ferguson] [[St Kilda Football Club]]</ref> |
|||
⚫ | Recruited from the [[St Kilda Football Club]]'s thirds side (which he captained), Fox was sent to [[Golden Point Football Club]] in the [[Ballarat Football League]] before he returned to make his [[VFL/AFL|Victorian Football League]] debut in 1960. |
||
He later returned in an administrative role, becoming the president of the Saints in 1979. |
|||
== Business interests == |
== Business interests == |
||
Fox started Linfox in 1956 with one truck.<ref>{{cite news |author1=Doebele, Justin |author2=Fass, Allison |url=http://members.forbes.com/global/2007/0212/037.html |title=Australia and New Zealand's 40 Richest |work=[[Forbes]] |date=12 February 2007 }}</ref> |
Fox started Linfox in 1956 with one truck.<ref>{{cite news |author1=Doebele, Justin |author2=Fass, Allison |url=http://members.forbes.com/global/2007/0212/037.html |title=Australia and New Zealand's 40 Richest |work=[[Forbes]] |date=12 February 2007 |access-date=27 May 2007 |archive-url=https://web.archive.org/web/20120206061133/http://members.forbes.com/global/2007/0212/037.html |archive-date=6 February 2012 |url-status=dead }}</ref> |
||
He also took ownership of Melbourne's [[Luna Park, Melbourne|Luna Park]] in late 2005. |
He also took ownership of Melbourne's [[Luna Park, Melbourne|Luna Park]] in late 2005. In 2006, he made an unsuccessful bid for the development of the neighboring Triangle Site on [[St Kilda, Victoria|St Kilda's]] foreshore. The property was subsequently destroyed by fire.<ref>{{cite news |author1=Topsfield, Jewel |author2=Houston, Cameron |url=http://www.theage.com.au/news/national/luna-park-fan-fox-follows-his-heart/2005/06/22/1119321791501.html |title=Luna Park fan Fox follows his heart |work=[[The Age]] |date=23 June 2005 }}</ref><ref>{{cite news |author=Collier, Karen |url=http://www.news.com.au/heraldsun/story/0,21985,20816070-661,00.html |title=Lindsay Fox in resort brawl |work=[[Herald Sun]] |date=25 November 2006 }}</ref><ref>{{cite web |url=http://home.vicnet.net.au/~piconsoc/trackarticle.htm |title=Phillip Island may never be the same |work=[[The Age]] |date=27 August 2006 |url-status=dead |archive-url=https://web.archive.org/web/20070929123654/http://home.vicnet.net.au/~piconsoc/trackarticle.htm |archive-date=29 September 2007}}</ref> |
||
He has been involved with a number of high-profile disputes with the Government relating to his property development activities. In the late 1990s he attempted to claim the public beach area in front of his holiday home as a private helipad for his helicopter and to build a high security compound for himself and his family. |
He has been involved with a number of high-profile disputes with the Government relating to his property development activities. In the late 1990s he attempted to claim the public beach area in front of his holiday home as a private helipad for his helicopter and to build a high security compound for himself and his family. This development was rejected by the Victorian Planning Minister.<ref>{{cite press release |url=http://www.dpc.vic.gov.au/domino/Web_Notes/MediaRelArc02.nsf/173e11affff3ad3a4a2568850083acda/3fa22b986fc2c8884a2568c400268784!OpenDocument&Click= |author=Minister for Planning |title=Minister reject house-sized boatshed |work=Department of Planning |publisher=Victorian Government |url-status=dead |archive-url=https://web.archive.org/web/20070930223409/http://www.dpc.vic.gov.au/domino/Web_Notes/MediaRelArc02.nsf/173e11affff3ad3a4a2568850083acda/3fa22b986fc2c8884a2568c400268784%21OpenDocument%26Click%3D |archive-date=30 September 2007}}</ref> However he has also been able to use his government contacts to gain favorable treatment by being granted permission to land his helicopter near his [[Portsea, Victoria|Portsea]] home on crown land.<ref>[http://www.abc.net.au/news/newsitems/200212/s742757.htm ABC News Online] {{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}}</ref> |
||
Fox has been in dispute with the local council of his |
Fox has been in dispute with the local council of his [[Toorak]] mansion by attempting to have the heritage listing that applies to all homes in the street removed from his property.<ref>{{cite news |url=http://www.theage.com.au/articles/2003/05/07/1052280322014.html |work=[[The Age]] |title=Now it's Fox's Toorak house in a planning wrangle |date=7 May 2003 }}</ref> His son's Toorak home was destroyed by fire.<ref>{{cite news |url=http://www.theage.com.au/articles/2004/04/15/1081838826321.html?from=storyrhs |work=The Age |title=Fox family home gutted in fire |date=15 April 2004 }}</ref> |
||
⚫ | |||
⚫ | |||
⚫ | Fox was appointed an Officer of the [[Order of Australia]] in the [[Australia Day]] Honours' List of 1992, in recognition of service to the transport industry and to the community.<ref>{{cite web |url=https://honours.pmc.gov.au/honours/awards/871010 |work=It's an Honour |publisher=Commonwealth of Australia |title=FOX Lindsay: Officer of the Order of Australia |date=26 January 1992 |access-date=13 June 2015 }}</ref> In 2001, he was awarded the [[Centenary Medal]].<ref>{{cite web |url=https://honours.pmc.gov.au/honours/awards/1114560 |work=It's an Honour |publisher=Commonwealth of Australia |title=FOX Lindsay: Centenary Medal |date=1 January 2001 |access-date=13 June 2015 }}</ref> |
||
Fox has been married for fifty years, with six children.<ref name="AC"/> |
|||
In 2008, Fox was appointed a Companion of the Order of Australia (AC), in recognition of his continued service to the transport and logistics industries, to business through the development and promotion of youth traineeships, and to the community through a range of philanthropic endeavours.<ref>{{cite web |url=https://honours.pmc.gov.au/honours/awards/1137397 |work=It's an Honour |publisher=Commonwealth of Australia |title=FOX Lindsay: Companion of the Order of Australia |date=26 January 2008 |access-date=13 June 2015 }}</ref> |
|||
⚫ | In 2004 on the [[ABC (Australian TV channel)|ABC TV]] ''[[George Negus Tonight]]'' program, Fox's work ethic and business savviness was profiled.<ref name=negus>{{cite web |title= GNT Profile: Lindsay Fox |url=http://www.abc.net.au/gnt/profiles/Transcripts/s1175302.htm |work=[[George Negus Tonight]] |publisher= [[Australian Broadcasting Corporation|ABC TV]] |date= 8 December 2004}}</ref> When asked by George Negus how he describes himself politically, Fox replied: "I guess, [[Australian Labor Party|Labor]] think I'm [[Liberal Party of Australia|Liberal]], Liberal think I'm Labor, the [[Catholic]]s think I'm [[Protestant]], the Protestants think I'm Catholic. The local rabbi delivers me [[ |
||
In April 2022, it was announced that the new gallery, part of the [[National Gallery of Victoria]] (NGV) would be named [[The Fox: NGV Contemporary]], in recognition of a $100 million donation from the Foxes.<ref name=ngv/> |
|||
⚫ | Following the suicide of his son Michael in 1991, Fox advised the Federal and Victorian governments on youth suicide<ref name="AC"/> and is on the board of the National Advisory Council on Suicide Prevention.<ref name="AIFS">[http://www.aifs.gov.au/institute/pubs/ysp/bulletin4.pdf "Youth Suicide Prevention Bulletin"]. [[Australian Institute of Family Studies]]. October 2000.</ref> |
||
⚫ | |||
⚫ | |||
Fox married Paula Grace Peele in 1959{{cn|date=October 2022}} (now Paula Fox {{post-nominals|country=AUS|AO}}.<ref name=ngv>{{cite web |title=Foxes' $100 million NGV gift a generous vote of confidence in Melbourne |url=https://www.theage.com.au/national/victoria/foxes-100-million-ngv-gift-a-generous-vote-of-confidence-in-melbourne-20220420-p5aepr.html |website=[[The Age]] |date=20 April 2022 |access-date=3 October 2022}}</ref>), and they have six children, all born before he was 30 years old.<ref name="AC"/> |
|||
⚫ | Fox was appointed an Officer of the [[Order of Australia]] in the [[Australia Day]] Honours' List of 1992, in recognition of service to the transport industry and to the community.<ref>{{cite web |url= |
||
⚫ | In 2004 on the [[ABC (Australian TV channel)|ABC TV]] ''[[George Negus Tonight]]'' program, Fox's work ethic and business savviness was profiled.<ref name=negus>{{cite web |title= GNT Profile: Lindsay Fox |url=http://www.abc.net.au/gnt/profiles/Transcripts/s1175302.htm |work=[[George Negus Tonight]] |publisher= [[Australian Broadcasting Corporation|ABC TV]] |date= 8 December 2004}}</ref> When asked by George Negus how he describes himself politically, Fox replied: "I guess, [[Australian Labor Party|Labor]] think I'm [[Liberal Party of Australia|Liberal]], Liberal think I'm Labor, the [[Catholic]]s think I'm [[Protestant]], the Protestants think I'm Catholic. The local rabbi delivers me [[matzah]]. So I guess, bottom line, I'm an Australian".<ref name=negus/> Fox went on to say: "I, traditionally, probably, was brought up in a working-class family where the old man would turn in his grave if he'd thought I'd have voted Liberal. But I must admit, from probably 25 up to the [[2004 Australian federal election|last election]], I would have voted Liberal and supported Liberal quite strongly. But I was completely disillusioned by the lack of statesmanship with our [[John Howard|Prime Minister]] with the [[Ansett Australia|Ansett debacle]]. He had an opportunity to be a statesman. Instead he took on a political role and as a result of that, the demise of Ansett came about".<ref name=negus/> |
||
⚫ | Following the suicide of his son Michael in 1991, Fox advised the Federal and Victorian governments on youth suicide<ref name="AC"/> and is on the board of the National Advisory Council on Suicide Prevention.<ref name="AIFS">[http://www.aifs.gov.au/institute/pubs/ysp/bulletin4.pdf "Youth Suicide Prevention Bulletin"]. [[Australian Institute of Family Studies]]. October 2000.</ref> In 1992 he was named "Victorian Father of the Year".<ref name="AC"/> In an interview with [[George Negus]] in August 2004, Fox spoke of the loss of his son: "Well, life is about being up and being down and being able to get up again. And in my walks of life, I guess I thought I was invincible till one of my sons committed suicide. And at that point of time, I knew I wasn't invincible ... I'd give up everything if we could get Michael back. He's got a special place in each and every one of the hearts of our family and he'll always be there and he'll never grow old."<ref name=negus/> |
||
[[File:Fox Classic Car Collection, 2008 (03).JPG|thumb|Some of the cars in the Fox Classic Car Collection]] |
|||
Fox has a collection of over 50 cars.<ref>{{Cite web |last=Haralampopoulos |first=Aristomenios |date=2021-05-16 |title=Lindsay Fox Has A Car Collection Anyone Would Envy |url=https://www.hotcars.com/lindsay-fox-has-a-car-collection-anyone-would-envy/ |access-date=2024-08-07 |website=HotCars |language=en}}</ref> The collection is displayed to the public at the Fox Classic Car Museum in [[Docklands, Victoria|Docklands]]. The collection and museum is managed by the Fox Family Trust.<ref>{{Cite web |last=Car |first=Sean |date=2023-11-29 |title=A look inside the Fox Classic Car Collection |url=https://www.docklandsnews.com.au/a-look-inside-the-fox-classic-car-collection |access-date=2024-08-07 |website=Docklands News |language=en}}</ref> |
|||
== |
==Net worth== |
||
In |
In 2019, the ''[[Australian Financial Review]]'' assessed Fox's [[net worth]] at {{AUD}}3.72 [[1,000,000,000|billion]], listed on the [[Financial Review Rich List 2020|2020 Rich List]].<ref name="afr2020" /> {{as of|2023|05}}, Fox was one of ten Australians who have appeared in every ''Financial Review Rich List'', or its predecessor, the ''BRW Rich 200'', since it was first published in 1984.<ref name="afr2023"/><ref name="BRW2013-Thomson">{{cite journal|url=http://www.brw.com.au/p/lists/rich-200/2013/celebrating_years_of_the_rich_EnUWZtuD02H4jYBFx0e3MM|last=Thomson|first=James|date=22 May 2013|access-date=22 May 2013|title=Celebrating 30 years of the Rich 200|journal=BRW Rich 200|archive-url=https://web.archive.org/web/20140727170000/http://www.brw.com.au/p/lists/rich-200/2013/celebrating_years_of_the_rich_EnUWZtuD02H4jYBFx0e3MM|archive-date=27 July 2014|url-status=dead}}</ref> Meanwhile, in 2019 ''[[Forbes Asia|Forbes]]'' assessed his net worth at {{USD}}3.50 billion, on the list of [[Forbes list of Australia's 50 richest people 2019|Australia's 50 richest people]].<ref name="Forbes2019"/> |
||
{{columns-start}} |
{{columns-start}} |
||
{| class="wikitable" |
{| class="wikitable" |
||
! rowspan=2 | Year |
! rowspan=2 | Year |
||
! colspan=2 |
! colspan=2 | ''[[Financial Review Rich List]]'' |
||
! colspan=2 |
! colspan=2 | ''[[Forbes]]''<br/>[[List of Australians by net worth|Australia's 50 Richest]] |
||
|- |
|- |
||
! Rank |
! Rank |
||
! [[Net worth]] |
! [[Net worth]]<br/>{{AUD}} |
||
! Rank |
! Rank |
||
! |
! Net worth<br/>{{USD}} |
||
|- |
|- |
||
| 2011<ref name="brw2011">{{cite journal |url=http://www.brw.com.au/Page/Uuid/da2d65c2-76b8-11e0-a222-69e61b0725c3 |title=2011 BRW Rich 200: Lindsay Fox |date=26 May 2011 |journal=[[ |
| 2011<ref name="brw2011">{{cite journal |url=http://www.brw.com.au/Page/Uuid/da2d65c2-76b8-11e0-a222-69e61b0725c3 |title=2011 BRW Rich 200: Lindsay Fox |date=26 May 2011 |journal=[[BRW (magazine)|BRW]] |location=Sydney |access-date=13 June 2015 |url-status=dead |archive-url=https://web.archive.org/web/20150713165427/http://www.brw.com.au/Page/Uuid/da2d65c2-76b8-11e0-a222-69e61b0725c3 |archive-date=13 July 2015}}</ref><ref name=Forbes-2011>{{cite news|url=http://www.theaustralian.com.au/archive/business-old/chinese-abandon-triguboffs-meriton-apartments/story-e6frg9gx-1226042443912|title=Chinese abandon Triguboff's Meriton Apartments|date=21 April 2011|work=[[The Australian]]|access-date=9 June 2015}}</ref> |
||
| align="center" | {{nts|17}} {{increase}} |
| align="center" | {{nts|17}} {{increase}} |
||
| align="right" | $2.05 billion {{increase}} |
| align="right" | $2.05 [[1,000,000,000|billion]] {{increase}} |
||
| align="center" | {{nts|11}} {{decrease}} |
| align="center" | {{nts|11}} {{decrease}} |
||
| align="right" | $1.70 billion {{increase}} |
| align="right" | $1.70 billion {{increase}} |
||
|- |
|- |
||
| 2012<ref name="brw2012">{{cite journal |url=http://www.brw.com.au/p/lists/rich/lindsay_fox_eCu7ADRxg6yWKh47dWUtRN?hl |title=2012 BRW Rich 200: Lindsay Fox |date=24 May 2012 |journal=[[ |
| 2012<ref name="brw2012">{{cite journal |url=http://www.brw.com.au/p/lists/rich/lindsay_fox_eCu7ADRxg6yWKh47dWUtRN?hl |title=2012 BRW Rich 200: Lindsay Fox |date=24 May 2012 |journal=[[BRW (magazine)|BRW]] |location=Sydney |access-date=13 June 2015 }}</ref><ref name="Forbes2012">{{cite news |url=https://www.forbes.com/lists/2012/78/australia-billionaires-12_rank.html |title=2012 Australia's 40 Richest |access-date=3 June 2012 |work=Forbes Asia |date=1 February 2012 }}</ref> |
||
| align="center" | {{nts|18}} {{increase}} |
| align="center" | {{nts|18}} {{increase}} |
||
| align="right" | $2.00 billion {{decrease}} |
| align="right" | $2.00 billion {{decrease}} |
||
Line 79: | Line 81: | ||
| align="right" | $1.60 billion {{decrease}} |
| align="right" | $1.60 billion {{decrease}} |
||
|- |
|- |
||
| 2013<ref name="brw2013">{{cite journal |url=http://www.brw.com.au/p/lists/rich-200/2013/lindsay_fox_w5TSKKYOnUmpq52WCFOtWJ |title=2013 BRW Rich 200: Lindsay Fox |date=22 May 2013 |journal=[[ |
| 2013<ref name="brw2013">{{cite journal |url=http://www.brw.com.au/p/lists/rich-200/2013/lindsay_fox_w5TSKKYOnUmpq52WCFOtWJ |title=2013 BRW Rich 200: Lindsay Fox |date=22 May 2013 |journal=[[BRW (magazine)|BRW]] |location=Sydney |access-date=13 June 2015 }}</ref><ref name="Forbes2013">{{cite news|url=https://www.forbes.com/australia-billionaires/list/|title=2013 Australia's 50 Richest|access-date=23 May 2013|work=Forbes Asia|date=1 February 2013 }}</ref> |
||
| align="center" | {{nts|19}} {{decrease}} |
| align="center" | {{nts|19}} {{decrease}} |
||
| align="right" | $1.90 billion {{decrease}} |
| align="right" | $1.90 billion {{decrease}} |
||
Line 85: | Line 87: | ||
| align="right" | $1.95 billion {{increase}} |
| align="right" | $1.95 billion {{increase}} |
||
|- |
|- |
||
| 2014<ref name="brw 2014">{{cite journal |
| 2014<ref name="brw 2014">{{cite journal|url=http://www.brw.com.au/p/lists/rich-200/2014/|title=2014 BRW Rich 200 list|journal=BRW (A Fairfax Media Publication)|location=Sydney|date=26 June 2014|access-date=31 August 2014}}{{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref name="Forbes2014">{{cite news|url=https://www.forbes.com/australia-billionaires/list/|title=2014 Australia's 50 Richest|access-date=30 June 2014|work=Forbes Asia|date=January 2014 }}</ref> |
||
| align="center" | {{nts|15}} {{increase}} |
| align="center" | {{nts|15}} {{increase}} |
||
| align="right" | $2.12 billion {{increase}} |
| align="right" | $2.12 billion {{increase}} |
||
Line 91: | Line 93: | ||
| align="right" | $2.20 billion {{increase}} |
| align="right" | $2.20 billion {{increase}} |
||
|- |
|- |
||
| 2015<ref name="brw2015">{{cite journal |
| 2015<ref name="brw2015">{{cite journal|url=http://www.brw.com.au/lists/interactives/entity.html?entity=lindsay-fox&edition=32&questions=819,820&sort=1,asc&page=0 |title=2015 BRW Rich 200 list: Lindsay Fox |journal=BRW |location=Sydney|date=May 2015|access-date=13 June 2015}}</ref><ref name="Forbes-2015list">{{cite news|url=https://www.forbes.com/profile/lindsay-fox/?list=australia-billionaires|title=2015 Australia's 50 Richest: #9 Lindsay Fox |access-date=13 June 2015|work=Forbes Asia|date=March 2015 }}</ref> |
||
| align="center" | {{nts|15}} {{steady}} |
| align="center" | {{nts|15}} {{steady}} |
||
| align="right" | $2.24 billion {{increase}} |
| align="right" | $2.24 billion {{increase}} |
||
Line 97: | Line 99: | ||
| align="right" | $2.90 billion {{increase}} |
| align="right" | $2.90 billion {{increase}} |
||
|- |
|- |
||
| 2016<ref name="brw2016">{{cite journal|editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2016-20160526-gp4ejn |title=2016 BRW Rich 200 list: Lindsay Fox |journal=[[Financial Review]] |location=Australia |date=29 May 2016| |
| 2016<ref name="brw2016">{{cite journal|editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2016-20160526-gp4ejn |title=2016 BRW Rich 200 list: Lindsay Fox |journal=[[Financial Review]] |location=Australia |date=29 May 2016|access-date=7 June 2016}}</ref><ref name="Forbes-2015list"/> |
||
| align="center" | {{nts|13}} {{gain}} |
| align="center" | {{nts|13}} {{gain}} |
||
| align="right" | $2.49 billion {{increase}} |
| align="right" | $2.49 billion {{increase}} |
||
Line 103: | Line 105: | ||
| align="right" | |
| align="right" | |
||
|- |
|- |
||
| 2017<ref name="afr2017">{{cite news |url=http://www.afr.com/leadership/afr-lists/rich-list/financial-review-rich-list-2017-20170525-gwcvr6 |editor=Stensholt, John |title=Financial Review Rich List 2017 |work=[[Financial Review]] |date=25 May 2017 | |
| 2017<ref name="afr2017">{{cite news |url=http://www.afr.com/leadership/afr-lists/rich-list/financial-review-rich-list-2017-20170525-gwcvr6 |editor=Stensholt, John |title=Financial Review Rich List 2017 |work=[[Financial Review]] |date=25 May 2017 |access-date=8 June 2017 }}</ref> |
||
| align="center" | {{nts|13}} {{steady}} |
| align="center" | {{nts|13}} {{steady}} |
||
| align="right" | $2.91 billion {{increase}} |
| align="right" | $2.91 billion {{increase}} |
||
| align="center" | |
| align="center" | |
||
| align="right" | |
|||
|- |
|||
| 2018<ref name="afr2018">{{cite web|url=http://www.afr.com/brand/afr-magazine/rich-list-overview-20180413-h0yqo5|title=2018 AFR Rich List: Who are Australia's richest people?|work=The Australian Financial Review|publisher=Fairfax Media|date=25 May 2018|last=Stensholt|first=John|access-date=26 May 2018}}</ref> |
|||
| align="center" | {{nts|17}} {{decrease}} |
|||
| align="right" | $3.56 billion {{increase}} |
|||
| align="center" | |
|||
| align="right" | $3.50 billion |
|||
|- |
|||
| 2019<ref name="afr2019">{{cite web|url=https://www.afr.com/rich-list/australia-s-10-wealthiest-people-revealed-20190529-p51sj0|title=Australia's 200 richest people revealed|work=The Australian Financial Review|publisher=Nine Publishing|date=30 May 2019|last=Bailey|first=Michael|access-date=31 May 2019}}</ref><ref name="Forbes2019">{{cite news|url=https://www.forbes.com/australia-billionaires/list/#tab:overall|title=2019 Australia's 50 Richest|access-date=28 September 2019|work=Forbes Asia|date=January 2019 }}</ref> |
|||
| align="center" | {{nts|31}} {{decrease}} |
|||
| align="right" | $3.31 billion {{decrease}} |
|||
| align="center" | {{nts|10}} {{decrease}} |
|||
| align="right" | $3.50 billion {{steady}} |
|||
|- |
|||
| 2020<ref name="afr2020">{{cite web|url=https://www.afr.com/rich-list/the-10-richest-australians-revealed-20201028-p569c7|url-access=subscription|title=The full list: Australia's wealthiest 200 revealed|work=[[Australian Financial Review]]|publisher=Nine Publishing|date=30 October 2020|author1=Bailey, Michael|author2=Sprague, Julie-anne|access-date=31 October 2020}}</ref> |
|||
| align="center" | {{nowrap|{{nts|23}} {{increase}}}} |
|||
| align="right" | $3.72 billion {{gain}} |
|||
| align="center" | |
|||
| align="right" | |
|||
|- |
|||
| 2021<ref name="afr2021">{{cite news |author1=Bailey, Michael |author2=Sprague, Julie-anne |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20210526-p57vfr |title=The 200 richest people in Australia revealed |work=[[Australian Financial Review]] |date=27 May 2021 |access-date=28 May 2021}}</ref> |
|||
| align="center" | {{nowrap|{{nts|25}} {{decrease}}}} |
|||
| align="right" | $4.01 billion {{up}} |
|||
| align="center" | |
|||
| align="right" | |
|||
|- |
|||
| 2022 |
|||
| align="center" | {{nowrap|{{nts|24}} {{up}}}} |
|||
| align="right" | $4.20 billion {{up}} |
|||
| align="center" | |
|||
| align="right" | |
|||
|- |
|||
| 2023<ref name="afr2023">{{cite news |author1=Bailey, Michael |author2=Sprague, Julie-anne |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20230523-p5dapa |title=The 200 richest people in Australia revealed |work=[[Australian Financial Review]] |date=26 May 2023 |access-date=6 June 2023}}</ref> |
|||
| align="center" | {{nowrap|{{nts|23}} {{up}}}} |
|||
| align="right" | $4.35 billion {{up}} |
|||
| align="center" | |
|||
| align="right" | |
| align="right" | |
||
|} |
|} |
||
{{column}} |
{{column}} |
||
{| class="wikitable" |
{| class="wikitable" |
||
Line 128: | Line 167: | ||
== References == |
== References == |
||
{{reflist| |
{{reflist|30em}} |
||
== External links == |
|||
* {{Commons category-inline|Automobiles in the Fox Classic Car Collection}} |
|||
{{DEFAULTSORT:Fox, Lindsay}} |
{{DEFAULTSORT:Fox, Lindsay}} |
||
[[Category:Businesspeople from Melbourne]] |
[[Category:Businesspeople from Melbourne]] |
||
[[Category: |
[[Category:Australian truck drivers]] |
||
[[Category:1937 births]] |
[[Category:1937 births]] |
||
[[Category:Living people]] |
[[Category:Living people]] |
||
Line 141: | Line 183: | ||
[[Category:Companions of the Order of Australia]] |
[[Category:Companions of the Order of Australia]] |
||
[[Category:People educated at Melbourne High School]] |
[[Category:People educated at Melbourne High School]] |
||
[[Category:Australian rules footballers from |
[[Category:Australian rules footballers from Melbourne]] |
||
[[Category:Golden Point Football Club players]] |
[[Category:Golden Point Football Club players]] |
||
[[Category:Delegates to the Australian Constitutional Convention 1998]] |
[[Category:Delegates to the Australian Constitutional Convention 1998]] |
||
Line 148: | Line 190: | ||
[[Category:20th-century Australian businesspeople]] |
[[Category:20th-century Australian businesspeople]] |
||
[[Category:21st-century Australian businesspeople]] |
[[Category:21st-century Australian businesspeople]] |
||
[[Category:People from Prahran, Victoria]] |
|||
[[Category:People from Toorak, Victoria]] |
|||
[[Category:Australian businesspeople in transport]] |
|||
[[Category:Australian car collectors]] |
Latest revision as of 08:49, 26 October 2024
Lindsay Fox | |
---|---|
Born | Lindsay Edward Fox 1937 (age 86–87) Sydney, New South Wales, Australia |
Education | Melbourne High School |
Occupation | Businessman |
Years active | 1956–present |
Organization | Linfox / Fox Holdings |
Spouse |
Paula Grace Peele (m. 1959) |
Children | 6 |
Lindsay Edward Fox AC (born 19 April 1937) is an Australian businessman. In 1956, Fox founded the Australian logistics company Linfox, where as of 2015 he serves as non-executive chairman.
Early life
Lindsay Fox was born around 1937 and brought up in Prahran, a suburb of Melbourne. He was educated at Melbourne High School, but was asked to leave during Year 10, at age 16, due to his lack of academic interest. He started working as a truck driver and was able to use this as a springboard to found Linfox.[1]
Football career
For many of his earlier years, Fox played Australian rules football with moderate success. Recruited from the St Kilda Football Club's thirds side (which he captained), Fox was sent to Golden Point Football Club in the Ballarat Football League before he returned to make his Victorian Football League debut for St Kilda in 1960. He did not think much of his footballing abilities, but as a ruckman he went on to play 20 games (for 3 goals) from 1959 to 1961.[1] Following his stint in the VFL, he went to the Victorian Football Association (VFA), playing firstly for Moorabbin, where he won a premiership, and then for Brighton-Caulfield, where he moved after Moorabbin's expulsion from the VFA.[2]
He later returned in an administrative role, becoming the president of the St Kilda Football Club in 1979.[3]
Business interests
Fox started Linfox in 1956 with one truck.[4]
He also took ownership of Melbourne's Luna Park in late 2005. In 2006, he made an unsuccessful bid for the development of the neighboring Triangle Site on St Kilda's foreshore. The property was subsequently destroyed by fire.[5][6][7]
He has been involved with a number of high-profile disputes with the Government relating to his property development activities. In the late 1990s he attempted to claim the public beach area in front of his holiday home as a private helipad for his helicopter and to build a high security compound for himself and his family. This development was rejected by the Victorian Planning Minister.[8] However he has also been able to use his government contacts to gain favorable treatment by being granted permission to land his helicopter near his Portsea home on crown land.[9]
Fox has been in dispute with the local council of his Toorak mansion by attempting to have the heritage listing that applies to all homes in the street removed from his property.[10] His son's Toorak home was destroyed by fire.[11]
Awards and recognition
Fox was appointed an Officer of the Order of Australia in the Australia Day Honours' List of 1992, in recognition of service to the transport industry and to the community.[12] In 2001, he was awarded the Centenary Medal.[13]
In 2008, Fox was appointed a Companion of the Order of Australia (AC), in recognition of his continued service to the transport and logistics industries, to business through the development and promotion of youth traineeships, and to the community through a range of philanthropic endeavours.[14]
In April 2022, it was announced that the new gallery, part of the National Gallery of Victoria (NGV) would be named The Fox: NGV Contemporary, in recognition of a $100 million donation from the Foxes.[15]
Personal life
Fox married Paula Grace Peele in 1959[citation needed] (now Paula Fox AO.[15]), and they have six children, all born before he was 30 years old.[1]
In 2004 on the ABC TV George Negus Tonight program, Fox's work ethic and business savviness was profiled.[16] When asked by George Negus how he describes himself politically, Fox replied: "I guess, Labor think I'm Liberal, Liberal think I'm Labor, the Catholics think I'm Protestant, the Protestants think I'm Catholic. The local rabbi delivers me matzah. So I guess, bottom line, I'm an Australian".[16] Fox went on to say: "I, traditionally, probably, was brought up in a working-class family where the old man would turn in his grave if he'd thought I'd have voted Liberal. But I must admit, from probably 25 up to the last election, I would have voted Liberal and supported Liberal quite strongly. But I was completely disillusioned by the lack of statesmanship with our Prime Minister with the Ansett debacle. He had an opportunity to be a statesman. Instead he took on a political role and as a result of that, the demise of Ansett came about".[16]
Following the suicide of his son Michael in 1991, Fox advised the Federal and Victorian governments on youth suicide[1] and is on the board of the National Advisory Council on Suicide Prevention.[17] In 1992 he was named "Victorian Father of the Year".[1] In an interview with George Negus in August 2004, Fox spoke of the loss of his son: "Well, life is about being up and being down and being able to get up again. And in my walks of life, I guess I thought I was invincible till one of my sons committed suicide. And at that point of time, I knew I wasn't invincible ... I'd give up everything if we could get Michael back. He's got a special place in each and every one of the hearts of our family and he'll always be there and he'll never grow old."[16]
Fox has a collection of over 50 cars.[18] The collection is displayed to the public at the Fox Classic Car Museum in Docklands. The collection and museum is managed by the Fox Family Trust.[19]
Net worth
In 2019, the Australian Financial Review assessed Fox's net worth at A$3.72 billion, listed on the 2020 Rich List.[20] As of May 2023[update], Fox was one of ten Australians who have appeared in every Financial Review Rich List, or its predecessor, the BRW Rich 200, since it was first published in 1984.[21][22] Meanwhile, in 2019 Forbes assessed his net worth at US$3.50 billion, on the list of Australia's 50 richest people.[23]
Year | Financial Review Rich List | Forbes Australia's 50 Richest | ||
---|---|---|---|---|
Rank | Net worth A$ |
Rank | Net worth US$ | |
2011[24][25] | 17 | $2.05 billion | 11 | $1.70 billion |
2012[26][27] | 18 | $2.00 billion | 14 | $1.60 billion |
2013[28][29] | 19 | $1.90 billion | 14 | $1.95 billion |
2014[30][31] | 15 | $2.12 billion | 11 | $2.20 billion |
2015[32][33] | 15 | $2.24 billion | 9 | $2.90 billion |
2016[34][33] | 13 | $2.49 billion | ||
2017[35] | 13 | $2.91 billion | ||
2018[36] | 17 | $3.56 billion | $3.50 billion | |
2019[37][23] | 31 | $3.31 billion | 10 | $3.50 billion |
2020[20] | 23 | $3.72 billion | ||
2021[38] | 25 | $4.01 billion | ||
2022 | 24 | $4.20 billion | ||
2023[21] | 23 | $4.35 billion |
Legend | |
---|---|
Icon | Description |
Has not changed from the previous year | |
Has increased from the previous year | |
Has decreased from the previous year |
References
- ^ a b c d e Hawthorne, Mark (26 January 2008). "Trucking magnate Lindsay Fox, AC, plugs into the power of dreams". The Age.
- ^ Scot Palmer (8 April 1964). "Moorabbin windfall to 'wooden-spooner'". The Sun News-Pictorial. Melbourne, VIC. p. 59.
- ^ Vale, Sheena Ferguson St Kilda Football Club
- ^ Doebele, Justin; Fass, Allison (12 February 2007). "Australia and New Zealand's 40 Richest". Forbes. Archived from the original on 6 February 2012. Retrieved 27 May 2007.
- ^ Topsfield, Jewel; Houston, Cameron (23 June 2005). "Luna Park fan Fox follows his heart". The Age.
- ^ Collier, Karen (25 November 2006). "Lindsay Fox in resort brawl". Herald Sun.
- ^ "Phillip Island may never be the same". The Age. 27 August 2006. Archived from the original on 29 September 2007.
- ^ Minister for Planning. "Minister reject house-sized boatshed". Department of Planning (Press release). Victorian Government. Archived from the original on 30 September 2007.
- ^ ABC News Online [dead link ]
- ^ "Now it's Fox's Toorak house in a planning wrangle". The Age. 7 May 2003.
- ^ "Fox family home gutted in fire". The Age. 15 April 2004.
- ^ "FOX Lindsay: Officer of the Order of Australia". It's an Honour. Commonwealth of Australia. 26 January 1992. Retrieved 13 June 2015.
- ^ "FOX Lindsay: Centenary Medal". It's an Honour. Commonwealth of Australia. 1 January 2001. Retrieved 13 June 2015.
- ^ "FOX Lindsay: Companion of the Order of Australia". It's an Honour. Commonwealth of Australia. 26 January 2008. Retrieved 13 June 2015.
- ^ a b "Foxes' $100 million NGV gift a generous vote of confidence in Melbourne". The Age. 20 April 2022. Retrieved 3 October 2022.
- ^ a b c d "GNT Profile: Lindsay Fox". George Negus Tonight. ABC TV. 8 December 2004.
- ^ "Youth Suicide Prevention Bulletin". Australian Institute of Family Studies. October 2000.
- ^ Haralampopoulos, Aristomenios (16 May 2021). "Lindsay Fox Has A Car Collection Anyone Would Envy". HotCars. Retrieved 7 August 2024.
- ^ Car, Sean (29 November 2023). "A look inside the Fox Classic Car Collection". Docklands News. Retrieved 7 August 2024.
- ^ a b Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
- ^ a b Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
- ^ Thomson, James (22 May 2013). "Celebrating 30 years of the Rich 200". BRW Rich 200. Archived from the original on 27 July 2014. Retrieved 22 May 2013.
- ^ a b "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
- ^ "2011 BRW Rich 200: Lindsay Fox". BRW. Sydney. 26 May 2011. Archived from the original on 13 July 2015. Retrieved 13 June 2015.
- ^ "Chinese abandon Triguboff's Meriton Apartments". The Australian. 21 April 2011. Retrieved 9 June 2015.
- ^ "2012 BRW Rich 200: Lindsay Fox". BRW. Sydney. 24 May 2012. Retrieved 13 June 2015.
- ^ "2012 Australia's 40 Richest". Forbes Asia. 1 February 2012. Retrieved 3 June 2012.
- ^ "2013 BRW Rich 200: Lindsay Fox". BRW. Sydney. 22 May 2013. Retrieved 13 June 2015.
- ^ "2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Retrieved 23 May 2013.
- ^ "2014 BRW Rich 200 list". BRW (A Fairfax Media Publication). Sydney. 26 June 2014. Retrieved 31 August 2014.[permanent dead link ]
- ^ "2014 Australia's 50 Richest". Forbes Asia. January 2014. Retrieved 30 June 2014.
- ^ "2015 BRW Rich 200 list: Lindsay Fox". BRW. Sydney. May 2015. Retrieved 13 June 2015.
- ^ a b "2015 Australia's 50 Richest: #9 Lindsay Fox". Forbes Asia. March 2015. Retrieved 13 June 2015.
- ^ Stensholt, John, ed. (29 May 2016). "2016 BRW Rich 200 list: Lindsay Fox". Financial Review. Australia. Retrieved 7 June 2016.
- ^ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Financial Review. Retrieved 8 June 2017.
- ^ Stensholt, John (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Fairfax Media. Retrieved 26 May 2018.
- ^ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
- ^ Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
External links
- Media related to Automobiles in the Fox Classic Car Collection at Wikimedia Commons
- Businesspeople from Melbourne
- Australian truck drivers
- 1937 births
- Living people
- St Kilda Football Club administrators
- St Kilda Football Club players
- Caulfield Football Club players
- Moorabbin Football Club players
- Companions of the Order of Australia
- People educated at Melbourne High School
- Australian rules footballers from Melbourne
- Golden Point Football Club players
- Delegates to the Australian Constitutional Convention 1998
- Australian billionaires
- Officers of the Order of Australia
- 20th-century Australian businesspeople
- 21st-century Australian businesspeople
- People from Prahran, Victoria
- People from Toorak, Victoria
- Australian businesspeople in transport
- Australian car collectors