Mark Creasy
Born1944 (age 79–80)
NationalityAustralian
OccupationMining entrepreneur
Spouse
Sharon Creasy
​
(separated)​

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

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.

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] 114 Increase $689 million Increase
2019[27][28] 149 Decrease $660 million Decrease
2020[29] 116 Increase $853 million Increase
2021[30] 127 Decrease $857 million Increase
2022 86 Increase $1.50 billion Increase
2023[31] 97 Decrease $1.45 billion Decrease
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has 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.
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