Billionaire Profile
Gerry Harvey
Global Rank
#1288

Image: U.S. Navy photo by Chief Photographer's Mate Johnny Bivera | Public domain | via Wikimedia Commons

Gerry Harvey

CEO, Retail
AUSTRALIA
Real-Time Net Worth
$3.335B
Estimated based on Retail stock value as of April 20, 2026
+0.39% (24h)
Age
86
Source
Retail
Industry
Fashion & Retail
Citizenship
AUSTRALIA

Biography

Gerry Harvey, a prominent figure in Australian retail, is the co-founder and Executive Chairman of Harvey Norman Holdings Limited. Born on September 18, 1939, he is known for building a retail empire specializing in furniture, electronics, and appliances. His wealth is derived primarily from his stake in Harvey Norman, a company listed on the Australian Securities Exchange. Harvey's career began with door-to-door sales, evolving into a retail giant with a unique franchise model. His hands-on approach to business and his active involvement in thoroughbred horse racing, as well as significant property holdings, further underscore his success.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Gerry Harvey was born on September 18, 1939, in Springwood, New South Wales, Australia. Growing up in a rural environment, he developed a strong work ethic from a young age. He initially aspired to be a farmer.

Rise to Success

Harvey's career began in sales, working as a door-to-door salesman selling vacuum cleaners and fridges. He co-founded Harvey Norman Holdings with Ian Norman in 1982. The first Harvey Norman store opened in Auburn, Sydney, in October 1982. The company expanded rapidly through franchising. The company went public on the Australian Stock Exchange in 1987.

Key Business Strategies

Harvey Norman's success is attributed to its unique franchise model, offering a diverse range of products. The company has expanded its operations across Australia and internationally, including New Zealand, Europe, and Asia. He is known for being outspoken and hands on with the business.

Philanthropy

Harvey has contributed to various charities and organizations.

Career Milestones

1961

Co-founded a store

Co-founded a store in Sydney, specializing in electrical goods and appliances.

1982

Co-founded Harvey Norman Holdings

Co-founded Harvey Norman Holdings with Ian Norman.

1987

Harvey Norman goes public

Harvey Norman Holdings Limited was listed on the Australian Securities Exchange.

2009

Order of Australia

Received Order of Australia (AO).

Philanthropy & Social Impact

Charity

Various Charities

Undisclosed

Donated millions of dollars to various charities and organizations.

Business Philosophy & Leadership

Notable Quotes

"Describes his wife Katie Page, who runs Harvey Norman, as the mastermind of the operation."

Leadership Principles

Hands-on Approach

Involved directly in business operations.

Franchise Model

Utilizing a franchise model to drive expansion.

Adaptability

Adapting to changing consumer behavior

Controversies & Challenges

2008

Comments on Homelessness

Harvey described giving charity to the homeless as a 'waste'.

2016

Political Views

Expressed contempt for political uncertainty.