Terry Snow

About Terry Snow

Birth Place: Canberra, Australia, Australia

Terry Snow Net Worth

Terry Snow was born in Canberra, Australia, Australia. Canberra native Terry Snow became a billionaire in 2017, thanks to a bumper increase in the value of his property around the capital city's main airport. He worked as a property developer in the 1980s with his father, Bob, and brother George. After the family business was sold he used his share of the proceeds to buy the 99-year lease on Canberra Airport, paying just $65 million in 1998. A $310 million revamp of the terminal is almost done, offering new services for international flights. An office park, hotel, shopping center and other properties around the airport offset the fortunes of the airport, which can ebb and flow depending on government spending and travel. He's a keen yachtsman and owns a new $80 million stud farm.
Terry Snow is a member of Real Estate

💰 Net worth: $1.17 Billion (Updated at 22 June 2018)

Some Terry Snow images

Biography/Timeline

1990

Snow established the Snow Foundation in 1990 along with his brother, George. Now valued at over A$10 million, it donates to regional charities and organisations helping needy people.

2005

In 2005 he published the "Living City" proposal for the redevelopment of Canberra. This caused some controversy, especially after the proposal's rebuff by the ACT Government and combined with his provocative assertion that Canberra is a "dead-set boring" city that had been "going backwards since self-government".

2013

Snow is Executive Chairman of the Capital Airport Group, the company which owns the lease for the land which contains Brindabella Business Park, Defence Establishment Fairbairn and associated Fairbairn Business Park, and the Majura Park shopping precinct. In 2013, Snow was ranked by Forbes as Australia's 39th richest person, with a net worth of $755 million.