Chris Wallin
#2730

Chris Wallin

Australia 73 years old Self-Made

Overview

Source of Wealth
Mining
Residence
Brisbane
Education
University of Queensland (Bachelor of Engineering)
Children
2

Assets

  • Carawine Resources
    0 shares @ -
    -
    CWX-AU
  • Central Petroleum
    19,526,000 shares @ -
    -
    -
  • Coppermoly Limited
    5,500,000 shares @ -
    -
    COY-AU
  • Macmahon Holdings
    11,400,000 shares @ -
    -
    MAH-AU
  • Orbital Corporation Ltd.
    1,049,220 shares @ -
    -
    OEC-AU
  • Rox Resources
    92,317,000 shares @ -
    -
    RXL-AU
  • Venus Metals
    51,787,000 shares @ -
    -
    VMC-AU

Biography

Armed with a geology degree, Chris Wallin was the Queensland government's chief coal geologist before starting his company, QCoal, in 1989.

He was a billionaire in 2011 and 2012, before plunging coal prices hammered his fortune. He reappeared on the list of Australia's 50 richest in 2019 after a five-year absence.

He rejoined the billionaire ranks after QCoal posted a five-fold increase in net profit in 2022 and paid him A$300 million in dividends.

In 2025, QGold launched a takeover bid for shares it did not own in Venus Metals Corp for A$0.21 per share, ending up with a nearly 32% stake after the bid closed in January 2026.

About

He's lived in the same house in the suburban Brisbane neighborhood of The Gap for reportedly 30 years.

Wallin also owns a clutch of smaller mining stakes.

In 2024, QCoal's philanthropic arm QCoal Foundation established the Christopher Wallin Prize for Excellence in Geology to support educational opportunities in Queens