Lang Walker

About Lang Walker

Birth Place: Sydney, Australia, Australia
Type: Private
Industry: Property Development
Founded: 1972
Founder: Alexander Walker Lang Walker
Headquarters: Sydney, NSW, Australia
Area served: Australia, United States, Canada, Malaysia
Website: walkercorp.com.au

Lang Walker Net Worth

Lang Walker was born in Sydney, Australia, Australia. Lang Walker has been in the building industry for more than half a century and has had multiple successes. He sold the bulk of his property-development company, Walker Corp., twice: in 1999 before the dot-com bust, then again in 2006, just before the financial crisis hit. He has since quickly rebuilt an empire that now has office towers, industrial estates and residential projects. He owns a fleet of yachts, all called Kokomo after his childhood dinghy.
Lang Walker is a member of Real Estate

💰 Net worth: $2.3 Billion (Updated at 22 June 2018)

2013 $1.2 Billion
2014 $1.2 Billion
2015 $1.1 Billion
2016 $1.1 Billion
2017 $1.3 Billion
2018 $2.28 Billion

Some Lang Walker images

Biography/Timeline

1960

In the late 1960s, Lang Walker, along with his Father Alec Walker, established A & L Walker Pty Ltd in New South Wales as a plant hire and earth moving contractor.

1972

In 1972, Lang Walker founded The Walker Group, a company specialising in the new roads construction, and subdivision development.

1977

In 1977, The Walker Group began residential development activities.

1979

Throughout 1979 and 1980, the group undertook the development of a number of small office buildings and lower-density residential projects throughout southern Sydney.

1980

In the late 1980s, the Group focussed on residential and industrial development projects, and civil engineering projects in Brisbane, Melbourne and Sydney.

1988

In 1988, The Walker Group was officially renamed to Walker Corporation Pty Limited.

1990

During the 1990s, Walker Corporation primarily developed residential and Retail properties. During this time, the Business expanded significantly.

1993

In 1993, the corporation participated in the establishment of the listed property trust The Industrial Property Trust of Australia, as a joint manager with Macquarie Bank Ltd.

1994

In 1994, the company floated. Lang Walker retained his position as the Managing Director, while projects under the control of Walker Corporation Limited went on to generate over $2 billion in sales revenue, while employing over 375 full-time staff.

1999

In 1999, Lang Walker elected to sell his held shares in Walker Corporation Ltd to Australand Holdings Limited, to focus on running his private development company McRoss Developments Pty Ltd. Mr Walker reserved the right to reuse the Walker Corporation name after January 2003.

2000

In 2000, the company acquired the Queensland property Hope Island Resort, including an 18-hole golf course, and approximately 2,000 housing allotments.

2003

In 2003, Lang Walker exercised his right to reuse the Walker Corporation name, renaming McRoss Developments Pty Ltd as Walker Corporation.

2006

In 2006, Walker Corporation sold over $1.25 billion worth of assets to Mirvac, while continuing to develop over 20 projects across Retail, commercial, residential and industrial sectors.

2008

In 2008, Walker Corporation began its first Malaysian development, beginning work on Senibong Cove, a mixed-use development situated across 213 acres of waterfront land in Johor Bahru.

2010

In 2010, Walker Corporation began work on its largest project to date – Collins Square, Australia's largest mixed-use development, located in Melbourne's CBD.