Mark Creasy
Mining entrepreneur of Western Australia
From Wikipedia, the free encyclopedia
Mark Gareth Creasy (born 1944) is a Western Australian mining entrepreneur.
Mark Creasy | |
|---|---|
| Born | 1944 (age 81–82) |
| Occupation | Mining entrepreneur |
| Spouse |
Sharon Creasy (separated) |
Biography
Creasy arrived in Australia in the 1960s, and trained as a mining engineer.[1][2]
He has developed various mining projects in Western Australia and other states.[3][4][5] By 2010 his net worth was claimed to be $283 million (AU).[6]
Creasy had discovered the Bronzewing Gold Mine, and had sold the mine in the 1990s. By the early 2000s he had had a ten-year-long legal battle over Bronzewing South tenements with rival Leith Beal.[7][8]
Many journalists fall back on terms such as Midas,[9] and prospector,[10] when describing Creasy's wealth and achievement in finding and investing in resources.[11][12] Creasy pledged A$500,000 towards the construction of a statue called Ascalon in Cathedral Square, Perth,[13][14] and also contributed towards floating rocks in fountains in Forrest Place and the Carlisle operations of the Department of Mines Industry Regulation and Safety.[citation needed]
At the age of 74 in 2018, Creasy made claims of not retiring,[15] but reducing investments and activities.[16][17] He also has been identified as being very private, despite occasional insights from newspaper articles[18][19] and avoiding media exposure, despite the very public controversies around The Cliffe.[20] Creasy has also supported publication of historical materials about Western Australian history.[21]
Creasy has stakes in between 40-50 listed companies, most of which are junior explorers.[22]
Net worth
| Year | Financial Review Rich List |
Forbes Australia's 50 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | Net worth (US$) | |
| 2017[23][24] | $610 million | |||
| 2018[25][26] | 114 |
$689 million |
||
| 2019[27][28] | 149 |
$660 million |
||
| 2020[29] | 116 |
$853 million |
||
| 2021[30] | 127 |
$857 million |
||
| 2022 | 86 |
$1.50 billion |
||
| 2023[31] | 97 |
$1.45 billion |
||
| 2024[32] | $1.20 billion |
|||
| 2025[33] | 178 |
$859 million |
||
| Legend | |
|---|---|
| Icon | Description |
| Has not changed from the previous year | |
| Has increased from the previous year | |
| Has decreased from the previous year | |