Tim Gurner is a real estate developer, entrepreneur, and founder of the the Gurner Group, which specializes in luxury residential and mixed-use buildings.
He is also one of Australia’s richest people under the age of 40, having a net worth of $929 million as of September 2023.
But how did he earn such wealth and success in such a competitive and turbulent industry? This article will go into his upbringing, career, accomplishments, and net worth.
Tim Gurner Net Worth and Lifestyle
According to the Australian Financial Review’s Young Rich List, Tim Gurner’s net worth is expected to be $929 million as of September 2023.
He is Australia’s second richest person under 40, after software entrepreneur Mike Cannon-Brookes. His net worth has grown dramatically throughout the years, rising from $460 million in 2017 to $762 million in 2020.
Gurner leads a rich and opulent lifestyle, owning several homes, cars, and other valuables. He owns a property in Toorak, Melbourne, which he purchased in 2019 for $28.8 million.
He also owns a $30 million penthouse in Saint Moritz, which he purchased in 2018. He also owns a farm in Daylesford, Victoria, as well as a vacation house in Noosa, Queensland.
Gurner also owns several premium automobiles, including a Ferrari, a Lamborghini, a Rolls-Royce, and a Range Rover. In addition, he has a private plane, a helicopter, and a boat. He also lavishes money on travel, art, fashion, and entertainment. He has three children with Aimee Gurner, a former model and interior designer.
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Tim Gurner Background and Education
Tim Gurner was born in Australia in 1982, the son of a Lebanese father and an Italian mother. He was raised in a middle-class home and attended a nearby high school. He then studied journalism at the University of Melbourne for a year before dropping out to follow his passion for property development.
He began his career as a real estate agent before moving on to work as a project manager for a property development firm. He studied the ins and outs of the industry while gaining vital expertise and relationships. He also saved enough money when he was 19 to buy his first home, a one-bedroom apartment.
Tim Gurner Career and Achievements
Tim Gurner and his friend Danny Ciarma launched their own property development company, Urban Inc., in 2005. They concentrated on the construction of boutique flats and townhouses in Melbourne’s inner suburbs.
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They immediately earned a reputation for providing high-quality, innovative projects, and they received numerous honors and medals. Gurner chose to go solo in 2012, launching his own company, Gurner Group.
He broadened his portfolio to encompass larger and more opulent buildings like towers, hotels, and retail spaces. He also expanded into other markets, including Brisbane and Sydney.FV in Fortitude Valley, Victoria and Vine in Collingwood, and Saint Moritz in St Kilda are among his major projects.
Gurner Group has grown to become one of Australia’s most successful and recognized property development firms, with over $7 billion in completed or planned projects.
Gurner has also been acknowledged as one of the industry’s most influential and visionary leaders and has earned numerous honors and awards, including Ernst & Young’s Emerging Australian Entrepreneur of the Year in 2016.
Conclusion
With the Gurner Group, property developer Tim Gurner has become famous and wealthy. He is one of the richest and most important people in the industry, having created some of Australia’s most iconic projects.
He is wealthy and philanthropic, supporting education, health, and the environment. He is an entrepreneur’s success story and role model. Follow us on Twitter to receive the most recent updates on the income of your favorite celebrities.
