Canberra Airport owner Terry Snow dies

[RSVKanga]

One of Australia's richest men, billionaire Canberra developer Terry Snow, dies aged 80

The grandson of Canberra's first general store owner, Terry Snow's projects include the transformation of the Canberra Airport.

www.abc.net.au

Sad day for our country.

 

[Mwenenzi]

Without the paywall
abc.net.au One of Australia's richest men, billionaire Canberra developer Terry Snow, dies aged 80

Through his company, Capital Property Group, Mr Snow led a number of commercial developments around the national capital, most notably the purchase and development of Canberra Airport.

Mr Snow purchased what he described as "a humble tin shed in a paddock" in 1998 from the federal government for $65 million, developing it into today's international airport and surrounding Majura precinct.

 

[moa999]

Definitely a shrewd purchase in 1998.. though he wasn't exactly poor back then either.

Quite a large and extended family, I wonder whether the airport will stay family owned.