Clive Palmer Net Worth: Is Clive Palmer a billionaire? How much is Clive Palmer worth?

Clive Frederick Palmer is an Australian businessman and politician.

Clive Palmer has iron ore, nickel and coal holdings.

Clive Palmer owns many businesses such as Mineralogy, Waratah Coal, Queensland Nickel at Townsville, the Palmer Coolum Resort on the Sunshine Coast, Palmer Sea Reef Golf Course at Port Douglas, Palmer Colonial Golf Course at Robina, and the Palmer Gold Coast Golf Course, also at Robina.

Clive Palmer owned Gold Coast United FC from 2008 to 2012.

Clive Palmer created the Palmer United Party in April 2013, winning the Sunshine Coast seat of Fairfax in the 2013 Australian federal election and sitting as an MP for one term.

Clive Palmer has frequently been involved in legal cases relating to his businesses, and once listed litigation as one of his hobbies in Who’s Who.

Clive Palmer at times has been involved in complex cases, and journalist Hedley Thomas has written that Palmer’s “lawyers take legal steps, presumably on his instructions, that prolong litigation and rack up costs for the other side” which can result in his opponents being unable to continue their case due to a lack of resources.

Clive Palmer is a billionaire and has an estimated net worth of $4 billion.