Billionaire Terry Peabody, How Rich Is Transpacific Founder Today?



Terry Peabody had a net worth of a billion in 2021. 

Terry Peabody is one of those wealthiest businessmen in Australia who is not seen as a celebrity figure. Despite his huge wealth, he has remained away from the media. 

However, sources disclosed that it may change now because he has chartered a flight that brought Shane Warne's body back to Australia. So now, people are looking up to find who is this low profile businessman. 

Billionaire Terry Peabody Net Worth 2021

Once a Billionaire, Terry Peabody's net worth was in the millions in 2021. The 82 years old is owns the Craggy Range Winery in New Zealand and operates a $68 million Falcon 7X aircraft with its own charter license under the company's name.

He is no more on the billionaire list. However, he was once known as Australia's "Golden Garbo" for converting other people's trash into a billion-dollar fortune.

Transpacific Industries, his Brisbane waste-management firm, developed rapidly after launching at $2.40 in 2004, swallowing up dozens of rivals and bringing its shares to a high of $14.40 in July 2007. His fortune was valued at $1.05 billion on the 2008 Australian list, as per Forbes

However, the global financial crisis stopped Peabody's debt-fueled acquisition binge, and Transpacific was placed on life support in 2009 until private equity firm Warburg Pincus intervened.

His 37 percent stake was cut in half; he narrowly made a list in 2009 and has not qualified since then. In addition, his wealth reduced to an estimated $380 million as the share price dropped to $1.40 in 2011. 

Following that, he went on to establish a winery named Craggy Range. 


How Rich Is Transpacific Founder Terry Peabody?

Transpacific founder, Terry Peabody, is a multimillionaire at present. However, the exact figure of his fortune is not known yet. 

The global financial crisis in 2008 made it difficult for him to hold off his business of Transpacific. Likewise, he also seems to hold his son responsible for wasting his money. 

As per Daily mail, his son was forced to close four high-end restaurants in 2018 within six months. As a result, Terry cut his son off because he wasted a lot of money on his failed business. 

More To Explore: American Business Tycoon Todd Boehly Among The Potential Buyers Of Chelsea With Above $5 Billion Net Worth


Who Is Terry Peabody Wife or Partner-Is He married?

Terry Peabody is married and has a wife. His spouse is Mary, who also helps him look over their business. 

She has been a great supporter of him. She was said to have looked over Terroir restaurant in 2011. 

Read About: American Real Estate Mogul Stephen Ross Is All Set To Buy Chelsea With His Net Worth Being Above $8 Billion



More from Businessman

Rashad Bilal Earn Your Leisure Net Worth, How Rich Is The CEO of OFS Capital Corp?

Businessman
Rashad Bilal is a financial advisor, and alongside Troy Millings, has become famous as a financial literacy expert. Bilal, who fares from the Bronx, is getting a lot of recognition for being on a quest to provide financial knowledge to the African Am...

Who Is Nicole Walters' Husband, Josh Walters? The Truth We Know About Her Love Life

Businessman
Nicole Walters is an entrepreneur and Tv personality who was married to her husband, Josh Walters. She is a former top-selling corporate executive who left her job to start her own business. She began her career by working as a Client Account Manager...

Here's The Untold Truth We Know About Egreis Gjergjani Husband

Businessman
Recently people were curious to know about Egreis Gjergjani's husband and wanted to find out whether Egreis Gjergjani's divorce was really. Here we explore everything about Egreis Gjergjani's husband's work and family relations. Egreis Gjergjani is ...

Who Is Tom Strachan Wife? Here's What We Know About The Australian Businessman

Businessman
Australian businessman Tom Strachan was the founder of AWX, specializing in labor hire. Tom Strachan established the company in 1996. It has over 19 offices across Australia, and New Zealand has 250 internal staff members and more than 20,000 on-hire...

Who Is North Melbourne CEO Ben Amarfio? Resigned From His Role After The Club Signed Alastair Clarkson

Businessman
After less than three years in the position, Ben Amarfio has resigned, and Mitch Cleary of 7NEWS Melbourne has exclusively learned. The impending departure of the veteran radio and cricket executive follows president Sonja Hood's successful pursuit o...

Graham Weston Opens Up About His Divorce From Elizabeth Weston

Businessman
Did Graham Weston Divorce From His Wife, Elizabeth Weston? Graham Weston, the co-founder of Rackspace, is divorcing his wife, Elizabeth Weston. Less than seven weeks before the divorce trial began, Elizabeth Weston went to court without a lawyer. She...

Read More

Read More

Read More

Read More