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John Gandel

John Gandel

J. Gandel
0.39% | + $17.86M
$4.6 B ₹ 41,841 Cr
Real Time Net Worth #917 Ranking as of 21 Feb 2026 By Forbes

More on John Gandel

Gender

Male

Age

91Y

Country

Australia

Born On

January, 1935

Deceased

No

Relationship Status

Married

Children

4

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Massively Transformed)

Primary Organization

Gandel Group

Titles

Chairman

Sources of Wealth

Gandel Group

Industry

Real Estate, Retail

About John Gandel


J ohn Gandel is an Australian billionaire real estate tycoon who has built a massive fortune in the shopping mall industry. He inherited his family's small women's clothing business and, with his brother-in-law, transformed it into a major retail chain, which they later sold. He then used the proceeds to make a major and highly successful pivot into real estate development.

He founded the Gandel Group and has since built it into a major force in the Australian property market. His most significant and valuable asset is his 50% stake in the Chadstone Shopping Centre in Melbourne, which he has developed and expanded over decades into the largest and most valuable shopping mall in the Southern Hemisphere. He is a prominent and highly respected figure in the Australian business community and a major philanthropist, particularly for Jewish causes and healthcare.

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Quick Reads


  • A major Australian real estate tycoon.
  • His primary asset is his 50% stake in Chadstone Shopping Centre, the largest mall in Australia.
  • Inherited his family's clothing business and used the proceeds to move into property.
  • A major philanthropist, particularly for health and Jewish causes.
  • He and his family own the Gandel Group.

Early Life and Background


John Gandel, A.C., is an Australian businessman, the self-made billionaire Founder of Gandel Group and a major figure in retail real estate. Born in Melbourne, Australia, in 1935, to Polish Jewish immigrants, his parents ran a corsetry store (later the Sussan women's clothing chain), providing him with early exposure to the retail industry.

Gandel was educated at Melbourne High School. His career began by taking control of his parents' Sussan women's clothing chain in the 1950s and expanding it aggressively. His philosophy centers on strategic real estate acquisition, vertical integration, and large-scale philanthropy.

  • Chadstone Shopping Centre (Owner): The core private asset, Australia's largest shopping mall (developed by the Gandel Group).
  • Gandel Group (Founder): His private company specializing in retail property development and investment (owning stakes in major Australian shopping malls).
  • Sussan Group (Former Owner): The women's clothing chain he inherited and expanded (sold in 1985).
  • Gandel Philanthropy (Founder): One of Australia's largest independent family philanthropic funds (donated over $150 million since 1978).

Career Journey of John Gandel


John Gandel's strategic genius was his pivot from retail operations to retail real estate. In 1985, he sold the Sussan chain to his brother-in-law, Marc Besen, to focus entirely on property development. His landmark acquisition was the Chadstone Shopping Centre in 1983, which he developed into Australia's biggest shopping mall, securing a massive, long-term, cash-flowing asset.

His structural contribution is tied to the successful development and modernization of large-scale Australian retail real estate. His Gandel Philanthropy (founded in 1978) is one of Australia's largest independent family philanthropic funds, supporting Jewish education, healthcare, and the arts. He was appointed a Companion of the Order of Australia (A.C.) for his contributions. His wealth is secured by the colossal, long-term, stable profitability of major retail property holdings.

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John Gandel's Timeline


1950s:

Takes control of his parents' Sussan women's clothing business (Corporate Entry).

1983:

Buys the Chadstone Shopping Centre (Pivotal Acquisition).

1985:

Sells Sussan to his brother-in-law to focus on real estate (Strategic Pivot).

1990:

Appointed an Officer of the Order of Australia (AO) (National Honor).

2017:

Appointed a Companion of the Order of Australia (A.C.) (National Honor Apex).

Ongoing:

Continues as Founder and Owner of the Gandel Group (Executive Oversight).

Major Business Ventures and Investments


John Gandel's wealth is concentrated in his founding and controlling ownership of the private real estate giant, Gandel Group.

  • Chadstone Shopping Centre (Owner): The core private asset, Australia's largest shopping mall (developed by the Gandel Group).
  • Gandel Group (Founder): His private company specializing in retail property development and investment (owning stakes in major Australian shopping malls).
  • Sussan Group (Former Owner): The women's clothing chain he inherited and expanded (sold in 1985).
  • Gandel Philanthropy (Founder): One of Australia's largest independent family philanthropic funds (donated over $150 million since 1978).

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Philanthropy and Social Impact


John Gandel's social impact is structural, stemming from Chadstone's role as a major economic and retail hub, providing thousands of stable jobs. His Gandel Philanthropy (donating over $150 million) is a massive structural contributor to Australian and Jewish community causes, focusing on education, health, and the arts.

His structural contribution is tied to the successful development and long-term ownership of large format retail real estate.

Fashion, Style, and Lifestyle


John Gandel maintains the professional, composed style of a real estate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects stability and immense corporate authority, typical of a founder of a massive retail property empire.

Residing in Melbourne, Australia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to property development, retail investment, and large-scale philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder of Gandel Group and owns Chadstone Shopping Centre, Australia's largest shopping mall.
  • He sold the Sussan women's clothing chain in 1985 to focus on real estate.
  • He is a Companion of the Order of Australia (A.C.).
  • Gandel Philanthropy has donated over $150 million since 1978.
  • His parents were Polish Jewish immigrants who ran a corsetry store.
  • He is a passionate collector of Japanese art.
  • His wealth is tied to the successful long-term appreciation of retail real estate assets.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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