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“Harry Triguboff: Australia’s Billionaire Real Estate Mogul”

Harry Oskar Triguboff AO, born on March 3, 1933, in Dalian (formerly known as Darien), Liaoning, Republic of China, is a highly successful Australian real estate developer, renowned as one of the country’s wealthiest individuals. He is the esteemed founder and managing director of Meriton, affectionately dubbed “high-rise Harry” for his significant contributions to the skyline.

By May 2023, The Australian Financial Review had positioned Triguboff as the fourth richest Australian, boasting a staggering net worth of A$23.80 billion, as disclosed in the esteemed 2023 Rich List. This marked a remarkable ascent from his valuation of A$11.62 billion in the 2016 Rich List, where he briefly held the title of Australia’s richest individual. Triguboff’s wealth was also highlighted by Forbes, estimating his net worth at US$11.3 billion in 2021.

Triguboff’s journey traces back to his roots in the Jewish community of Tianjin, China, where his father, Moshe, established a thriving trading business amidst the turmoil of the Second Sino-Japanese War. Following pivotal events in World War II, Triguboff’s family sought refuge in Australia, facing initial challenges due to concerns over his father’s wartime activities. However, Triguboff persevered, receiving education at the Scots College, Sydney, and later pursuing studies in textiles at the University of Leeds, England.

Returning to Australia in 1950, Triguboff embarked on a diverse career path, including stints in taxi fleet management and real estate sales. Despite initial setbacks, he demonstrated resilience and entrepreneurial acumen, venturing into property development with notable success. Through Meriton, he spearheaded the construction of residential complexes across major Australian cities, shaping urban landscapes and contributing significantly to the housing market.

Under Triguboff’s astute leadership, Meriton Apartments Pty Ltd flourished, becoming Australia’s largest residential property developer by 2015, with a remarkable portfolio of over 55,000 residential units. Triguboff’s vision extended beyond mere profit, advocating for Australia’s population growth and making substantial philanthropic contributions.

Triguboff’s influence transcends business, as evidenced by his political engagement and mentoring initiatives. He has used his wealth and influence to support policy changes and mentor aspiring entrepreneurs, as showcased in the “Win a Week With a Billionaire” contest.

Despite his immense success, Triguboff remains grounded, living in Sydney with his second wife, Rhonda, and owning a collection of cars. His legacy is entrenched in his unwavering dedication to excellence, resilience in the face of adversity, and commitment to shaping a better future for Australia’s urban landscape and beyond.

YearAFR Rich 200Forbes Australia’s 50 Richest
RankNet worth (A$)RankNet worth (US$)
2011Decrease$4.30 billion Increase5$3.40 billion Increase
2012Steady$4.85 billion IncreaseSteady$5.80 billion Increase
2013Increase$4.95 billion IncreaseDecrease$4.60 billion Decrease
2014Decrease$5.50 billion IncreaseDecrease$4.30 billion Decrease
2015Increase$10.23 billion IncreaseIncrease$5.6 billion Increase
2016Increase$10.62 billion IncreaseDecrease$6.90 billion Increase
2017Decrease$11.40 billion IncreaseIncrease$9.90 billion Increase
2018Steady$12.77 billion IncreaseSteady
2019Decrease$13.54 billion IncreaseSteady$9.00 billion Increase
2020Decrease$14.42 billion Increase
2021Increase$17.27 billion Increase$11.30 billion Increase
2022Steady$21.20 billion Increase
2023Increase$23.80 billion Increase
Legend
IconDescription
SteadyHas not changed from the previous year
IncreaseHas increased from the previous year
DecreaseHas decreased from the previous year

Harry Triguboff received prestigious honors for his contributions to building, construction, and philanthropy. On January 26, 1990, he was appointed as a Member of the Order of Australia, recognized for his exemplary service to the building and construction sectors, as well as his philanthropic endeavors. Later, on June 7, 1999, Triguboff was elevated to the rank of Officer of the Order, honored for his significant service to the community as a philanthropist and his notable contributions to the residential construction industry.

Triguboff’s remarkable achievements were further underscored by his distinction as the first individual to twice claim Australia’s coveted Property Person of the Year award. His initial triumph came in 2003, followed by a resounding win in 2009, reaffirming his exceptional leadership and influence within the property sector.

In the realm of philanthropy, Triguboff’s impact extends far and wide. Through The Harry Triguboff Foundation, he has been instrumental in funding various initiatives aimed at supporting immigrant applicants to Israel in proving their Jewish heritage. Notably, his contributions have facilitated projects like the Harry Triguboff Family Corner House at Moriah College in Sydney, reflecting his unwavering commitment to humanitarian causes and community welfare.

2/9/21 – DAILY TELEGRAPH Olympic champion swimmer Emma McKeon pictured with billionaire Harry Triguboff at CH7 in Eveleigh today. Harry has announced he will give all Australian medal winners from Tokyo 2021 $5k for every medal won. Picture: Sam Ruttyn
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Serendib News is a renowned multicultural web portal with a 17-year commitment to providing free, diverse, and multilingual print newspapers, featuring over 1000 published stories that cater to multicultural communities.

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