Billionaire Profile
Bob Ell
Global Rank
#2054

Image: Public domain | via Wikimedia Commons

Bob Ell

CEO, Leda Group
AU
Real-Time Net Worth
$1.84B
As of December 2025
Age
80
Source
Real estate
Industry
real-estate
Citizenship
AU

Biography

William Robert "Bob" Ell, an Australian property developer and businessman, has made a significant impact on the real estate industry. Born around 1955 in Merriwa, New South Wales, Ell's estimated net worth as of December 5, 2025, is $1.84 billion, primarily from his real estate ventures. He founded Leda Group in 1976, which developed properties valued at over A$3 billion. His career spans residential, commercial, and industrial property development across Australia, with a history of strategic investments and large-scale projects, including shopping centers and residential communities.

Wealth Over Time

In-Depth Profile

Early Life and Career

William Robert "Bob" Ell was born circa 1955 in Merriwa, New South Wales, Australia. He began his career as a carpenter before founding Leda Group in 1976.

Rise to Success

Ell's business breakthrough came through strategic investments in the real estate market. He floated Leda Group on the Australian Securities Exchange in the late 1980s and later privatized it in 1990. Leda Group has developed properties worth over A$3 billion and has been involved in residential developments such as Pimpama in Queensland, Cobaki Lakes, and Kings Forest. The company also has commercial property interests, including shopping centers in Queensland and Canberra.

Key Business Strategies

Ell's key strategies include identifying growth potential in various regions and acquiring and developing properties into commercial and residential spaces. He has also diversified his business portfolio, expanding into luxury hotels and resorts. Recent projects include a 68 industrial unit development in Greater Western Sydney. Ell has shown a willingness to adapt to market changes, as seen by his recent industrial property acquisitions in Sydney.

Philanthropy

Information on Bob Ell's philanthropic activities is limited. However, he is known for his business acumen and involvement in the community.

Career Milestones

1976

Founded Leda Group

Founded Leda Group, a property development company.

Late 1980s

Leda Group IPO

Floated Leda Group on the Australian Securities Exchange.

1990

Leda Group Privatized

Privatized Leda Group.

2025

Net Worth

Net worth of $1.84 Billion.

Controversies & Challenges

2009

Michael McGurk Affair

Ell acted as a surety for Michael McGurk, who was later murdered. McGurk was connected to Ell's business dealings.

2011

Defamation Lawsuit

Sued Tweed Shire councillor Katie Milne for defamation related to her comments on his development projects.