Mark Creasy

Last updated

Mark Creasy
Born1944 (age 80–81)
Nationality Australian
OccupationMining entrepreneur
Spouse
Sharon Creasy
​
(separated)​

Mark Gareth Creasy (born 1944) is a Western Australian mining entrepreneur.

Contents

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] 114Increase2.svg$689 million Increase2.svg
2019 [27] [28] 149Decrease2.svg$660 million Decrease2.svg
2020 [29] 116Increase2.svg$853 million Increase2.svg
2021 [30] 127Decrease2.svg$857 million Increase2.svg
202286Increase2.svg$1.50  billion Increase2.svg
2023 [31] 97Decrease2.svg$1.45 billion Decrease2.svg
2024 [32] $1.20 billion Decrease2.svg
2025 [33] 178Decrease2.svg$859 million Decrease2.svg
Legend
Icon Description
Steady2.svgHas not changed from the previous year
Increase2.svgHas increased from the previous year
Decrease2.svgHas decreased from the previous year

References

  1. ↑ "Mark Creasy", Australasian Business Intelligence, COMTEX News Network, Inc: 1008144i7772, 24 May 2002, ISSN   1320-6680
  2. ↑ Jones, Faye (April 2001). "Mark Creasy - Prospector" (PDF). The Pick and Shovel: Newsletter of the Australian Prospectors and Miners Hall of Fame (14). Archived from the original (PDF) on 30 September 2009.
  3. ↑ Treadgold, Tim. "Even Scrooge McDuck Would Be Happy with a 7000% Share Price Rise In Less Than a Year". Forbes.
  4. ↑ "NoCookies". The Australian. Retrieved 2 October 2019.
  5. ↑ Iannucci, Esmarie. "Sirius takes full ownership of Nova". Mining Weekly.
  6. ↑ "How the Rich 200 invest: Mark Creasy", Australasian Business Intelligence, COMTEX News Network, Inc, 4 July 2010, ISSN   1320-6680
  7. ↑ "Creasy gets short shrift as Beal celebrates, again", Australasian Business Intelligence, COMTEX News Network, Inc: 1008297i3497, 24 October 2001, ISSN   1320-6680
  8. ↑ "Creasy loses gold fight", Australasian Business Intelligence, COMTEX News Network, Inc: 1008319i3497, 15 November 2002, ISSN   1320-6680
  9. ↑ Treadgold, Tim (2 May 2002), "'Midas' Mark Creasy to go public.(private Australian explorer, Mark Creasy, is turning to the stock market)", BRW , 24 (17): 43(1), ISSN   0727-758X
  10. ↑ "Prospector ties lead Creasy to Sweden and Talga's graphite", Australasian Business Intelligence, COMTEX News Network, Inc, 27 October 2013, ISSN   1320-6680
  11. ↑ Andrews, Mark (December 2015), "Creasy not done yet", Australia's Paydirt, 1 (234): 10–12, ISSN   1445-3436
  12. ↑ "Sirius's Creasy set to join billionaire's club", Australasian Business Intelligence, COMTEX News Network, Inc, 6 March 2013, ISSN   1320-6680
  13. ↑ Sami (7 August 2014). "Ascalon - St George's Cathedral, St George's Terrace". Public art in Perth: 2. Colourfulworld. Retrieved 17 November 2020.
  14. ↑ "The Story of Ascalon". St George's Cathedral . Anglican Diocese of Perth. n.d. Retrieved 17 November 2020.
  15. ↑ Ingram, Jess (3 June 2015). "Millionaire prospector Mark Creasy making "dough" out of Sirius". The Sydney Morning Herald . Retrieved 17 November 2020. This is my business so I haven't had a holiday since 1968. I have other things to do besides prospecting.
  16. ↑ McKinnon, Stuart (27 October 2018). "I'll die with boots on: WA prospector king Mark Creasy gets ready to trim empire". The West Australian . Retrieved 17 November 2020.
  17. ↑ "Mark Creasy". Business News. n.d. Retrieved 17 November 2020.
  18. ↑ "WAs Rich List: 11. Mark Creasy". The West Australian . 2018. Retrieved 17 November 2020.
  19. ↑ Pownall, Mark (9 September 2016). "11. Mark Creasy". Business News. Retrieved 17 November 2020.
  20. ↑ "Mining magnate calls it a day on Triffids' house", Australasian Business Intelligence, COMTEX News Network, Inc, 19 July 2009, ISSN   1320-6680
  21. ↑ Cameron, James McDonald Rapson; Creasy, Mark G. (2019), Bridge, Peter John (ed.), "To the golden land : exploration to the Eastwards 1869 - 1896", Western Australian Explorers's Diaries Project, Hesperian Press, ISBN   978-0-85905-704-2
  22. ↑ "Mark Creasy could put South Africa on map as hot mining destination". S&P Global Market Intelligence. 3 October 2016. Retrieved 31 July 2020.
  23. ↑ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review . Retrieved 8 June 2017.
  24. ↑ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey . Private Media. Retrieved 10 October 2019.
  25. ↑ Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review . Retrieved 26 May 2018.
  26. ↑ "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
  27. ↑ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review . Nine Publishing. Retrieved 31 May 2019.
  28. ↑ "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
  29. ↑ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed" . The Australian Financial Review . Nine Publishing. Retrieved 31 October 2020.
  30. ↑ Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review . Retrieved 28 May 2021.
  31. ↑ Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review . Retrieved 6 June 2023.
  32. ↑ Redrup, Yolanda; Bailey, Michael (30 May 2024). "Australia's wealthiest 200 now control $625b". Australian Financial Review . Retrieved 18 September 2024.
  33. ↑ Redrup, Yolanda (30 May 2025). "Australia's wealthiest 200 revealed, fortunes blow past $667b" . Australian Financial Review . Retrieved 31 May 2025.
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