John Gandel was born in 1935 and is an Australian businessman and philanthropist, best known for co-owning the Chadstone Shopping Centre as well as his philanthropic support of Jewish causes.
Born in 1935 in Melbourne, Australia, to Polish-Jewish immigrant parents Sam and Fay Gandel, John Gandel had the advantage of being born into a successful retail family. His parents owned clothing retail business Sussan. After finishing up his studies, he joined the family business, where he would gain experience about retail and managing a business.
Table of Contents
Table of Glimpse: John Gandel
| Aspect | Details |
|---|---|
| Full Name | John Gandel |
| Date of Birth | 1935 |
| Place of Birth | Melbourne, Australia |
| Citizenship | Australian |
| Education | No formal higher education; learned business from family retail operations |
| Occupation | Businessman, Property Developer |
| Net Worth | Approximately $3.33 billion (as of December 2024) |
| Family | Spouse: Pauline Gandel Children: 4 Grandchildren: Undisclosed |
| Residence | Luxurious home in Melbourne; additional properties across Australia |
| Private Jet | Bombardier Global 7500 |
| Key Legacy | Ownership of Chadstone Shopping Centre, one of the largest malls in the Southern Hemisphere |
| Philanthropy | Founder of the Gandel Foundation, supporting education, health, arts, and community causes |
| Lifestyle | Wealthy yet grounded; owns luxury properties and a private jet |
| Business Ventures | Gandel Group: Retail and commercial property portfolio |
| Major Achievement | Expanding Chadstone Shopping Centre into a premier retail destination |
| Recognition | Known as one of Australia’s top philanthropists |
Business Ventures and Achievements
In the 1980s, he sold his interest in Sussan and began focusing on property development, mostly in shopping centres. Gandel acquired Chadstone Shopping Centre in Melbourne and expanded it to become Australia’s largest shopping centre and one of the largest in the Southern Hemisphere. Gandel’s investment portfolio is managed by the Gandel Group; it includes a half-share in Melbourne’s first David Jones (department store) Elizabeth Street Store, stakes over 5% each of Directors Corporation Limited (another publicly listed entity), The General Property Trust (the country’s largest unlisted commercial property fund), as well as undisclosed interests in other properties.
Net Worth
In December 2024, John Gandel’s net worth is estimated to be around $3.33 billion, which he earned through his successful investments in retail and property.
John Gandel is married to Pauline Gandel. The couple has four children. Not much is known about the Gandels’ children and grandchildren, as they maintain a low profile despite being one of Australia’s wealthiest families.
The Gandels’ are a humble family who never parade their immense wealth, focusing on their rich Jewish beliefs and staunch commitment to family, friends and charity.
The Gandel family lives in Melbourne, Australia. They own a beautiful house there. Apart from their home, they also have other properties in different places—proof of how rich they are! Gandel owns a Bombardier Global 7500 private jet as well. This jet is guaranteed to cross continents with ease and comfort—something that only the very rich can afford to buy!
Philanthropy
John and Pauline Gandel have emerged as two of Australia’s biggest donors. The couple has supported a wide range of causes through the Gandel Foundation, from education, health and the arts to Jewish community causes. Many organisations and people around Australia have been helped by their donations.
Gandel is still active in the retail and property sectors through his development and investment company. Gandel’s philanthropic contributions have benefited many causes. His companies continue to expand.
FAQs
What is John Gandel’s main wealth source?
Shopping centers and property development—mostly his ownership of the Chadstone Shopping Centre in Melbourne
How many children does John Gandel have?
John Gandel and his wife, Pauline, have four children.
