Age, Biography and Wiki

John Gandel (Aaron Jonna Gandel) was born on 1935 in Australia, is an Australian businessman. Discover John Gandel'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 89 years old?

Popular As Aaron Jonna Gandel
Occupation Property developer
Age 89 years old
Zodiac Sign
Born 1935
Birthday 1935
Birthplace Australia
Nationality Australia

We recommend you to check the complete list of Famous People born on 1935. He is a member of famous businessman with the age 89 years old group.

John Gandel Height, Weight & Measurements

At 89 years old, John Gandel height not available right now. We will update John Gandel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is John Gandel's Wife?

His wife is Pauline Gandel

Family
Parents Sam and Fay Gandel
Wife Pauline Gandel
Sibling Not Available
Children 4

John Gandel Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is John Gandel worth at the age of 89 years old? John Gandel’s income source is mostly from being a successful businessman. He is from Australia. We have estimated John Gandel'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 businessman

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Timeline

1935

John Gandel (born 1935 as Aaron Jonna Gandel) is an Australian businessman, property developer and philanthropist.

He made his fortune in the development of commercial real estate as well as shopping centres located in Melbourne, Victoria.

Gandel, who inherited much of his wealth from his Polish-immigrant parents, founders of the Sussan women's clothing chain, is consistently ranked within the top fifteen wealthiest Australians by net worth in both the Financial Review Rich List, where in 2023 he was ranked fifteenth with an assessed net worth of A$6.33 billion; and in 2019 ranked eighth by Forbes magazine, with an assessed net worth of US$4.00 billion.

Gandel was born in Australia in 1935, the son of Sam and Fay Gandel, Jewish immigrants from Poland.

His parents operated a corsetry store on Collins Street in Melbourne.

Gandel was educated at Melbourne High School.

He has one sister, Eva Gandel Besen.

1950

In the 1950s, Gandel took control of his parents' women's clothing business (then named Sussan) and with his brother-in-law Marc Besen grew it into a chain of over 200 stores.

1978

Since 1978, Gandel and his wife, Pauline, have headed up Gandel Philanthropy, one of the largest philanthropic family funds in Australia.

The foundation provides grants to charitable community organisations for Jewish and Australian causes.

Gandel's philanthropy has focused on Judaism, education, medical causes and the arts.

1983

In 1983, he bought the Chadstone Shopping Centre, selling Sussan to his brother-in-law in 1985 to concentrate on real estate.

He subsequently built his fortune in shopping centres.

In July 1983, the Myer Emporium sold the Chadstone Shopping Centre to the Gandel Group for A$37 million, which has since managed and developed the complex into Australia's biggest shopping mall which is now valued at over A$3 billion.

In July 1983, the Myer Emporium also sold the Northland Shopping Centre to the Gandel Group.

Gandel's major assets are 50 per cent shares in Chadstone, and a 17 per cent stake in the listed Vicinity Centres that owns the other half.

Gandel also owns significant stakes in listed property companies, besides the stake in Vicinity, worth about A$800 million, and a 15 per cent stake in Sydney-based property group, Charter Hall, in which he invested A$151 million.

In more recent years, he has started to wind down his full on involvement with the company and has since hired Peter Bird as the chief financial officer

1984

Gandel is one of ten individuals listed on every Financial Review Rich List since the first list was published in 1984.

1990

In 1990, Gandel was appointed an Officer of the Order of Australia in recognition of his service to business, commerce and to the community.

2006

In 2006, Gandel bought a 50% stake in Plastro Irrigation Systems, an Israeli irrigation company.

In May 2006, Gandel was awarded an honorary doctorate of philosophy from Tel Aviv University, the university's highest honor, for his "business standing, broad leadership roles and philanthropic support in Australia and Israel."

In the same month Gandel inaugurated the Gandel Institute for Adult Jewish Learning at the Hebrew University of Jerusalem.

2007

In May 2007, the majority owners of the company exercised a right they held and bought back these holdings.

Gandel was targeted as a possible major donor to Israeli politician Benjamin Netanyahu before the Likud's primary election in 2007, subsequently won by Netanyahu.

2010

In 2010 he donated A$7.5 million to the National Gallery of Australia; A$1 million to fight devastating bushfires in Victoria, recalling how their own home was destroyed by fire twenty years earlier, and A$1 million to Museums Victoria.

2012

According to a January 2012 Herald Sun report, Gandel was the wealthiest man in Melbourne, with an estimated A$3.4 billion net worth.

In 2012 Gandel sold his stake in the Northland Shopping Centre for A$455 million and announced an A$500 million hotel and office redevelopment at Chadstone in 2011.

2017

In 2017, he was appointed a Companion of the Order for his eminent service to the community as a benefactor and supporter of a range of visual arts and cultural institutions, to youth education, medical and biotechnology innovation programs, to business, and to the advancement of philanthropic giving.

2019

Gandel is married to Pauline, who in 2019, was appointed a Companion of the Order of Australia for her work for the community, in humanitarian, philanthropic and fundraising endeavours, and in social inclusion, as well as in building closer relations between Australia and Japan.

Together they have had four children.

John and Pauline Gandel live in, Melbourne.