John Gandel Net Worth is$Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 2.0/5 (1 vote cast)
Religion: Jews

Spouse: Pauline Gandel

Children: Four

Networth: {{loss}} {{AUD}}3.35 billion (''BRW Rich 200'' 2012)
Occupation: Property developer

Nationality: Australian

John Gandel (born 1935), an Australian businessman, is a property developer who made his fortune in the development of commercial real estate, in the main, shopping centers located in Melbourne, Victoria.
Gandel, who inherited much of his wealth from his Polish-immigrant parents, founders of the Sussan women's clothing chain, is consistently ranked within the top ten wealthiest Australians by both the BRW Rich 200 and Forbes magazine.
Gandel joined his parents' business of Sussan in the 1950s and eventually ran it. In 1983, he bought the Chadstone Shopping Centre, selling Sussan to his brother-in-law in 1985 to concentrate on real estate. He subsequently built his own fortune in shopping centers.
In July 1983, the Myer Emporium sold the Chadstone Shopping Centre to the Gandel Group for A$37 million, which has since managed and developed the complex into Australia's biggest shopping mall which is now valued at over $3 billion. In July 1983, the Myer Emporium also sold the Northland Shopping Centre to the Gandel Group. Gandel's major assets are 50 per cent shares in Chadstone, and a 17 per cent stake in the listed CFS Retail Property Trust that owns the other half. Gandel also owns significant stakes in listed property companies, besides the stake in the CFS Retail Trust, worth about A$800 million, and a 15 per cent stake in Sydney-based property group, Charter Hall, in which he invested A$151 million.
According to a January 2012 Herald Sun report, Gandel is the richest man in Melbourne, with an estimated A$3.4 billion fortune. His most recent move has been to sell his stake in the Northland Shopping Centre for A$455 million and to announce an A$500 million hotel and office redevelopment at Chadstone in 2011.
In 2006, Gandel bought a 50% stake in Plastro Irrigation Systems, an Israeli irrigation company. In May 2007, the majority owners of the company exercised a right they held and bought back these holdings.
Gandel was educated at Melbourne High Sc

John Gandel Net Worth, 2.0 out of 5 based on 1 rating

John Gandel Latest News

Cabrini Hospital in Malvern breaks ground on expansion works to build new patient wing

The building design consists of seven above-ground levels as well as an underground carpark. Chadstone Shopping Centre co-owner John Gandel and his wife Pauline were principal donors to the project, which will see 48 patient beds and a new cardiac ward add ...
Posted: August 14, 2017, 9:27 pm

Queen’s Birthday honours 2017: John Gandel salutes diversity

In an age when terrorism has put immigration under the spotlight like never before, John Gandel is living proof of the benefits to the economy of Australia’s multicultural society. Gandel was born in Australia in 1935, the son of Sam and Fay Gandel ...
Posted: June 11, 2017, 7:18 am

Gandel, Nasser, Crouch and Gago get gong in Queen's Birthday Honours

Retail property doyen John Gandel was one of several business leaders made a Companion in the Order of Australia. John Gandel at the launch of Legoland at Chadstone Shopping Centre in 2016. Photo: Eddie Jim Mr Gandel, who was ranked seventh of the ...
Posted: June 9, 2017, 5:00 pm

Key Executives for Gandel Group Pty Limited

A. John Gandel FAIM, FAICD 3 Relationships Gandel Group Pty Limited 83 Peter David Kahan BCOMM, BACC, CA, MAICD 12 Relationships Gandel Group Pty Limited 58 David Mark Thurin MBBS, DIP RACOG, FRACGP, MS IN MANAGEMENT 12 Relationships Gandel Group Pty ...
Posted: August 14, 2017, 4:41 pm

Bigger is better as retail landlords face disruption: S&P

That trend is already evident with landlords such as Vicinity completing a $666 million redevelopment of Chadstone shopping centre, which it co-owns with billionaire John Gandel, to transform it into Australia's largest mall. In another example typical of ...
Posted: August 14, 2017, 11:47 pm
Related Topics:
How Much Is John Gandel Earnings, How Much Is John Gandel Income, How Much Is John Gandel Net Worth, How Much Is John Gandel Salary, How Much Is John Gandel Worth, John Gandel, John Gandel Address, John Gandel Age, John Gandel Bio, John Gandel Chadstone, John Gandel Children, John Gandel Contact Details, John Gandel Country, John Gandel Date Of Birth, John Gandel Earnings, John Gandel Ethnicity, John Gandel Family, John Gandel Gossips, John Gandel Grandchildren, John Gandel Height, John Gandel History, John Gandel Home, John Gandel Home Town, John Gandel House, John Gandel House Toorak, John Gandel Images, John Gandel Income, John Gandel Jet, John Gandel Job, John Gandel Mansion, John Gandel Melbourne, John Gandel Nationality, John Gandel Net Worth, John Gandel Networth, John Gandel News, John Gandel Partner, John Gandel Place Of Birth, John Gandel Point Leo, John Gandel Rumors, John Gandel Salary, John Gandel Secrets, John Gandel Son, John Gandel Toorak, John Gandel Videos, John Gandel Weight, John Gandel Yacht, John Gandel Yacht Galaxy, John Gandel's Boat, John Gandolfini, Who Is John Gandel,