John Gandel

John Gandel

John Gandel (#916)

  • $ 5 B
  • Shopping malls
  • Australia
  • M
  • 91 Years

About Me

John Gandel owns half of the southern hemisphere's largest shopping mall, Chadstone, with more than 500 stores in eastern Melbourne. He also has a big stake in listed property trust Vicinity Centres, which owns the other half of Chadstone, plus other malls and outlets. He first got rich by expanding his Polish immigrant parents' clothing chain for women, Sussan, now owned by his niece, Naomi Milgrom. He made most of his wealth from the shopping malls he bought from Myer department stores for $37 million in the 1980s. Gandel owns Point Leo Estate in the state of Victoria, which has a 50-acre vineyard and a sculpture park with 60 works.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped John Gandel’s rise and global influence.

  • #934   Billionaires (2026)
  • #15   Australia's 50 Richest (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking John Gandel’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $4.7B (May 4, 2026)