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Billionaire Profile
Richard Warke
Global Rank
#2704

Richard Warke

CEO, Mining
Vancouver, Canada
Real-Time Net Worth
$1.47B
Estimated based on Mining stock value as of September 10, 2026
+0.71% (24h)
Age
66
Source
Mining
Industry
Metals & Mining
Citizenship
Canada

Biography

Richard Warke is a Canadian billionaire businessman with over 35 years of experience in the international resource sector. He is the Chairman of the Augusta Group of Companies, which has a strong track record in the mining sector. Warke has founded and led several successful resource companies, including Ventana Gold Corporation, Augusta Resource Corporation, and Arizona Mining Inc., which were sold for significant amounts. He is also a partner in Fenway Sports Group, which owns the Boston Red Sox and Liverpool F.C.. As of March 2026, his estimated net worth is $1.7 billion.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.47B
2025$1.70B
2024$1.10B

Portfolio Holdings

Titan Mining Corporation

Titan Mining Corporation

$210M
Holdings Value
Ownership
53.69%
Highlander Silver Corp.

Highlander Silver Corp.

$209M
Holdings Value
Ownership
20.56%
Armor Minerals Inc.

Armor Minerals Inc.

$37M
Holdings Value
Ownership
88.55%
Solaris Resources Inc.

Solaris Resources Inc.

$20M
Holdings Value
Ownership
1.1%

In-Depth Profile

Early Life and Military Service

Richard William Warke was born at Canadian Forces Base Camp Borden in 1949. Warke started off in the Air Arm in the Canadian military as a Boy Soldier. He spent time in the Air Arm and later joined the Army.

Rise to Success

Warke's career in the mining industry spans over 30 years, marked by significant achievements. In 2005, he founded the Augusta Group of Companies, a conglomerate of public and private businesses, including Titan Mining Corporation, Armor Minerals Inc., and Solaris Resources Inc.. Warke founded Ventana Gold Corporation in 2008, discovering the La Bodega gold deposit in Colombia, which was later sold for $1.6 billion in 2011. He also founded Augusta Resource Corporation in 2014, which was sold to HudBay Minerals Inc. for C$666 million. Furthermore, in 2017 Warke co-founded Equinox Gold, which has become a mid-tier gold producer.

Key Business Strategies

Warke is known for generating value through pioneering transactions, early-stage investing, and rapidly advancing projects with access to capital. His ability to build and manage successful companies, coupled with his strategic investments in the mining sector, has been key to his success. Warke's focus on assembling dedicated and skilled management teams has also contributed to his accomplishments.

Philanthropy

Richard Warke is a Member of the Memorial Sloan Kettering Leadership Council, supporting one of the world's leading cancer institutions and advancing world-class research, patient care, and medical innovation.

Career Milestones

2005

Founded Augusta Group of Companies

Established a group of public and private companies focused on the mining sector.

2011

Sold Ventana Gold Corporation

Sold Ventana Gold Corporation for approximately C$1.6 billion.

2014

Sold Augusta Resource Corporation

Sold Augusta Resource Corporation for approximately C$667 million.

2017

Co-founded Equinox Gold

Co-founded Equinox Gold, which grew to become a mid-tier gold producer.

2018

Sold Arizona Mining Inc.

Sold Arizona Mining Inc. for approximately C$2.1 billion.

2025

Sold Augusta Gold

Sold Augusta Gold to AngloGold Ashanti for $200 million.

Philanthropy & Social Impact

Medical Research

Memorial Sloan Kettering Leadership Council

Supports cancer research and patient care.

Business Philosophy & Leadership

Notable Quotes

"“People who know their craft and are not afraid to work together for a common cause. There is no doubt that any successes I have had would not have been possible without a full team effort.”"

Leadership Principles

Teamwork

Emphasizes the importance of a dedicated and hardworking team in achieving success.

Strategic Investing

Focuses on generating value through pioneering transactions and early-stage investing.

Billionaires Connected to Richard Warke

Richest in Canada

All billionaires from Canada

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Richard Warke's net worth in 2026?
As of 2026, Richard Warke's estimated net worth is $1.465 billion, ranking #2704 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Richard Warke make their money?
Richard Warke's wealth primarily comes from Mining, most notably through Mining.
Where is Richard Warke from?
Richard Warke is from Canada.
How old is Richard Warke?
Richard Warke is 66 years old.

Sources & References

  1. Richard Warke — Forbes profile Forbes