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#2692

Chris Wallin

Source of wealth: Mining

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Chris Wallin's fortune with the healthcare spending of a massive country

Chris Wallin could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.7 years.

But even if we compare their fortune with that of a rich country

On the other end, Chris Wallin could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Chris Wallin could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Chris Wallin could pay for it entirely for 0.6 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Chris Wallin could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.4 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Chris Wallin with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Chris Wallin's fortune is equivalent to 10 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Chris Wallin could buy 2,656,671 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 0 trucks to transport them. Although Chris Wallin will almost certainly have enough money left over to pay for the gas.

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.

Financial Assets

Exchange
ASX
Ticker
CWX-AU
Company
Carawine Resources
Exchange
Ticker
Company
Central Petroleum
Exchange
ASX
Ticker
COY-AU
Company
Coppermoly Limited
Exchange
ASX
Ticker
MAH-AU
Company
Macmahon Holdings
Exchange
ASX
Ticker
OEC-AU
Company
Orbital Corporation Ltd.
Exchange
ASX
Ticker
RXL-AU
Company
Rox Resources
Exchange
ASX
Ticker
VMC-AU
Company
Venus Metals

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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