#10 Lindsay Fox

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Lindsay Edward Fox  (born 19 April 1937) is an Australian businessman. He founded the Australian logistics company Linfox in 1956, and is now non-executive chairman. Linfox is Australia’s largest privately held logistics company, with more than 5,000 trucks across ten countries throughout the Asia-Pacific region.

Fox started Linfox in 1956 with one truck.

He also took ownership of Melbourne’s Luna Park in late 2005. In 2006, he made an unsuccessful bid for the development of the neighboring ‘Triangle Site’ on St Kilda’s foreshore. The property was subsequently destroyed by fire.

He has been involved with a number of high-profile disputes with the Government relating to his property development activities. In the late 1990s he attempted to claim the public beach area in front of his holiday home as a private helipad for his helicopter and to build a high security compound for himself and his family. This development was rejected by the Victorian Planning Minister.  However he has also been able to use his government contacts to gain favorable treatment by being granted permission to land his helicopter near his Portsea home on crown land.

Fox has been in dispute with the local council of his Toorak mansion by attempting to have the heritage listing that applies to all homes in the street removed from his property. His son’s Toorak home was destroyed by fire.

In 2019, The Australian Financial Review assessed Fox’s net worth at A$3.31 billion, listed on the 2019 Rich List.  Fox is one of thirteen living individuals listed on every Financial Review Rich List since the first list was published in 1984.  Meanwhile in 2015 Forbes assessed his net worth at US$2.90 billion, on the list of Australia’s 50 Richest people.

 

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