Age, Biography and Wiki

Joel Macdonald was born on 10 October, 1984 in Victoria, Australia, is an Australian footballer and businessman (born 1984). Discover Joel Macdonald's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 39 years old?

Popular As Joel Macdonald
Occupation Entrepreneur, Australian Rules footballer
Age 39 years old
Zodiac Sign Libra
Born 10 October 1984
Birthday 10 October
Birthplace Victoria, Australia
Nationality Australia

We recommend you to check the complete list of Famous People born on 10 October. He is a member of famous Entrepreneur with the age 39 years old group.

Joel Macdonald Height, Weight & Measurements

At 39 years old, Joel Macdonald height is 1.88 m and Weight 88 kg.

Physical Status
Height 1.88 m
Weight 88 kg
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Joel Macdonald Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Joel Macdonald worth at the age of 39 years old? Joel Macdonald’s income source is mostly from being a successful Entrepreneur. He is from Australia. We have estimated Joel Macdonald's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Entrepreneur

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Timeline

1984

Joel Macdonald (born 10 October 1984) is a businessman and former Australian rules footballer.

He is the co-founder and former President of software company, GetSwift.

Prior to starting GetSwift, Macdonald was an Australian rules footballer, playing for the Melbourne Football Club and the Brisbane Lions in the Australian Football League (AFL).

Macdonald grew up in Melbourne and Brisbane, Australia.

He graduated from Brisbane Grammar School.

2003

He was recruited by the Brisbane Lions through the 2003 Rookie Draft as a Queensland Zone player (QLD Zone) from Mt Gravatt.

2004

He made his debut for the Brisbane Lions in Round 10, 2004.

2009

After the 2009 AFL season, the Brisbane Lions delisted Macdonald along with 11 other players.

In December 2009, Macdonald was drafted to Melbourne with the first selection in the pre-season draft.

2013

Macdonald appeared in 125 senior games over 11 years before he retired from football on 16 August 2013.

In July 2013, Macdonald founded Liquorun, an on-demand alcohol delivery service with two other Melbourne players, James Strauss and Rohan Bail.

The service expanded to operate across major Australian cities.

2014

In 2014, Macdonald re-branded the company as GetSwift, shutting down the delivery business in the process.

2015

In a 2015 interview, Macdonald said that their service had been questioned by the Victorian Police (for allegedly breaching the Liquor act while running Liquorun) but the matter was later dismissed.

2016

In 2016, GetSwift listed on the Australian Securities Exchange.

2017

In June 2017, the company raised a further AUD$24 million and began announcing major partnerships.

In November 2017, GetSwift announced a deal with Amazon along with funding, resulting in an 80% increase in their share price and putting Macdonald on Australia's "young rich list".

The claim prompted the Australian Securities Exchange to halt trading in GetSwift shares until Amazon affirmed the deal but said GetSwift should not have disclosed it.

In December 2017 GetSwift raised a further AUD$100M.

The Federal Court found GetSwift made misleading statements and breached its continuous disclosure obligations when making statements to the Australian Securities Exchange (ASX) between February and December 2017.

In 2023, Macdonald and his company, GetSwift, were penalized for breaching Australia's continuous disclosure laws, in the amount of $1 million and $15 million, respectively.

Macdonald was found guilty on 33 counts of misleading conduct and disqualified from managing corporations for 12 years.

The Court also found GetSwift directors Bane Hunter and Macdonald failed to meet their obligations as directors due to their involvement in the announcements made to the ASX, and that they were both knowingly concerned in multiple continuous disclosure breaches made by GetSwift.

ASIC Deputy Chair Sarah Court said "Listed companies and their directors have obligations to the Australian market to ensure their statements are not misleading. Investors need to have accurate information at their disposal to make informed decisions".

2018

In January 2018, as part of an investigation by the Australian Financial Review, GetSwift and Macdonald were alleged to have misled the market by overstating forecasts to the public and failed to disclose the loss of major contracts.

The company was again suspended from trade after inadequately addressing questions by the Australian Securities Exchange.

The company appointed PriceWaterhouseCoopers to investigate their compliance and MacDonald later admitted less than half of the contracts announced had resulted in revenue.

The company was at one stage facing three class actions, including a $300M suit lodged in the Federal Court where MacDonald is named as a defendant.

The Federal Court of Australia delivered its initial judgement on 23 May that the court had permanently stayed two of the three class actions in favor for GetSwift.

The company is contesting the accusation and has separately accused Squire Patton Boggs of overstating the claim to A$300M.

In February 2018, the Australian Securities and Investments Commission lodged an investigation into the Company.

In April 2018, MacDonald stepped down as CEO, assuming the title of President and remained a director of the company.

In January 2018 while CEO of GetSwift, Macdonald was accused of misleading the market by overstating revenue forecasts the public and failing to disclose the loss of what GetSwift claimed were not materially significant contracts.

Macdonald's company GetSwift requested to enter into a voluntary Trading Halt while they responded to questions by the Australian Securities Exchange.

This is the second time Macdonald's company has been suspended from trade, after the Australian Securities Exchange issued a trading halt and requested more information after the company announced a deal with Amazon.

In February 2018 MacDonald was named defendant along with his company GetSwift in a A$300M class action lodged in the Federal Court of Australia for failing to disclose price sensitive information to the public.

Shares in his company GetSwift suffered a 67% loss in the two days after the action was announced.

The company is contesting the accusation and has separately accused Squire Patton Boggs of overstating the claim.

2019

In February 2019, the Australian Securities and Investments Commission commenced legal action against GetSwift and its principals, MacDonald and Bane Hunter, for misleading claims about contracts with corporate clients for use of their product.

In August 2022, GetSwift's former co-founder James Strauss launched legal action against Macdonald for misleading and deceptive conduct, accusing Macdonald of making several misleading statements that prevented Strauss from selling his stake in GetSwift after it listed on the Australian Securities exchange in 2016.