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1608
In the world today
Sam Chong

Sam Chong

S. Chong
0.39% | + $9.97M
$2.57 B ₹ 23,369 Cr
Real Time Net Worth #1608 Ranking as of 21 Feb 2026 By Forbes
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More on Sam Chong

Gender

Male

Age

84Y

Country

Australia

Born On

January, 1942

Deceased

No

Relationship Status

Married

Children

1

Education

Mining Engineering (Taiwan)

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Mining)

Primary Organization

Jellinbah Group

Titles

Co-Owner

Sources of Wealth

Coal Mining

Industry

Metals-Mining, Real Estate

About Sam Chong

S am Chong is a Malaysian-born Australian billionaire and a titan of the Queensland coal industry. A trained mining engineer, he emigrated to Australia in 1972 and eventually co-founded Jellinbah Group, which operates the Jellinbah and Lake Vermont coal mines in the Bowen Basin. Known for his low profile but high-stakes deal-making, Chong has built a fortune by maintaining a lean, efficient operation that produces high-quality metallurgical coal for export.

In a major strategic move in late 2024, Chong consolidated his control over the company by acquiring Anglo American's 33% stake for A$1.6 billion, valuing the miner significantly higher. Beyond mining, he has diversified his portfolio into premium real estate, owning several hotels and commercial properties in Brisbane, including the Westin Brisbane. He runs the business alongside his son, Paul Chong.

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Quick Reads

Early Life and Background

Sam Chong is a Malaysian-born Australian businessman, the co-owner of Jellinbah Group, which operates two coal mines in Queensland.

Chong originally trained as a mining engineer in Taiwan before moving to Australia in 1972. He and his son Paul are directors at Jellinbah Group.

  • Core Company: Jellinbah Group (Coal mining).
  • Major Deal: In November 2024, inked a deal to buy out Anglo American's one-third stake in Jellinbah for A$1.6 billion.
  • Prior Experience: Trained as a mining engineer in Taiwan.

Career Journey of Sam Chong

Sam Chong's career is defined by his transition from technical engineer to major resource owner and investor. His structural achievement is tied to gaining and consolidating control over the Jellinbah Group's valuable coal mining assets.

A major development in his career occurred in November 2024, when Chong made a strategic move to buy out Anglo American's one-third stake in Jellinbah for A$1.6 billion, increasing the family's control. He also owns a string of hotel and office properties in Brisbane.

  • Diversification: Owns a string of hotel and office properties in Brisbane.

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Sam Chong's Timeline

1972:

Moved to Australia after training as a mining engineer in Taiwan.

2024 (Nov):

Inked a deal to buy out Anglo American's one-third stake in Jellinbah for A$1.6 billion.

Ongoing:

Continues as co-owner of Jellinbah Group and property investor.

Major Business Ventures and Investments

Sam Chong's wealth is concentrated in his family's controlling stake in the resource giant, Jellinbah Group, and his property investments.

  • Jellinbah Group (Co-owner): Operates two coal mines in Queensland.
  • Property Holdings: Owns hotel and office properties in Brisbane.
  • Family Governance: Son Paul is a director at Jellinbah Group.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is the co-owner of Jellinbah Group, which operates two coal mines in Queensland.
  • He trained as a mining engineer in Taiwan before moving to Australia in 1972.
  • In November 2024, he bought out Anglo American's one-third stake in Jellinbah for A$1.6 billion.
  • He also owns hotel and office properties in Brisbane.

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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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