Harry Triguboff Net Worth

What is Harry Triguboff’s Net Worth?

Harry Triguboff, commonly known as “High-Rise Harry,” is an Australian property developer with a remarkable net worth of $6 billion. As the Managing Director and Chairman of the renowned Meriton Apartments Pty Ltd, Triguboff has established himself as a prominent figure in the real estate industry.

Highlights

• Harry Triguboff has a net worth of $6 billion.
• He is known as “High-Rise Harry” due to his association with high-rise residential developments.
• Triguboff is the Managing Director and Chairman of Meriton Apartments Pty Ltd.
• He has been recognized as Australia’s Property Person of the Year twice.

Early Life

Harry Triguboff was born in China and later moved to Australia. He received his education at the Scots College in Sydney, followed by the University of Leeds in England, where he earned his textile degree. Despite his educational background, Triguboff faced initial challenges upon his return to Australia in 1960. He had to take on various odd jobs, including working as a taxi driver and owning a milk round in Chatswood.

Career

Triguboff’s career took off after he constructed a block of eight units in Tempe, Smith Street, in 1963. This early project marked the beginning of his journey as a successful property developer. In 1968, he further expanded his portfolio by building an additional 18 units in Meriton Street, which became the inspiration behind the name of his company, “Meriton Apartments.” From there, Meriton Apartments Pty Ltd flourished and became Australia’s largest home-builder, undertaking the construction of over 60,000 residential dwellings, primarily townhouses and apartments.

One of Triguboff’s notable achievements is the construction of Sydney’s tallest residential apartment building, the World Tower, spanning from 2001 to 2004. This iconic structure significantly contributed to his reputation as a visionary in the industry.

Personal Life

Harry Triguboff has been married twice, with two daughters from his first marriage. He is currently happily married to his second wife and together they reside in Sydney. Although details about his height and birthdate are unavailable, his impact on the property development landscape speaks volumes.

Net Worth Over Time

Triguboff’s net worth has seen substantial growth over the years. In May 2011, the Business Review Weekly estimated his net worth to be $4.30 billion AUD, positioning him as the seventh richest person in Australia. Since then, his net worth has significantly increased to an incredible $6 billion, making him one of the wealthiest individuals in the country.

Components of Net Worth

Harry Triguboff’s net worth of $6 billion predominantly stems from his extensive property development ventures. As the head of Meriton Apartments Pty Ltd, he has played a pivotal role in the construction of numerous residential dwellings, including landmark projects like the World Tower. Triguboff’s success is attributed to his astute business acumen, strategic investments, and his ability to capitalize on the ever-growing demand for quality housing in Australia.

In conclusion, Harry Triguboff’s net worth of $6 billion is a testament to his genius in the property development industry. His journey from humble beginnings to becoming Australia’s biggest home-builder exemplifies the heights that can be attained through determination, resilience, and entrepreneurial spirit.

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