Billionaire Profile
R
Global Rank
#2407

Image: Parker, John Henry, 1806-1884 | Public domain | via Wikimedia Commons

Richard Warke

CEO, Mining
CANADA
Real-Time Net Worth
$1.59B
Estimated based on Mining stock value as of March 6, 2026
-1.62% (24h)
Age
0
Source
Mining
Industry
Metals & Mining
Citizenship
CANADA

Biography

Richard Warke is a Canadian business executive 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's career highlights include the founding and sale of Ventana Gold Corporation for $1.6 billion in 2011, and the sale of Arizona Mining Inc. for $2.1 billion in 2018. He is also involved in professional sports as a partner in the PGA Tour, the Boston Celtics, and Fenway Sports Group, which owns the Boston Red Sox and Liverpool F.C..

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Richard William Warke is a Canadian business executive with a long-standing career in the resource and mining sector. Information regarding his early life is limited, but his career spans over three decades, demonstrating a consistent dedication to the industry.

Rise to Success

Warke's success is rooted in his ability to identify and create value in the mining sector. In 2005, he founded the Augusta Group of Companies, a conglomerate of public and private businesses. He has a proven track record of founding and managing successful mining operations. Warke's ventures include Ventana Gold Corporation, which was sold for $1.6 billion in 2011, and Arizona Mining Inc., sold for $2.1 billion in 2018.

Key Business Strategies

Warke's business strategy revolves around identifying quality assets and assembling strong teams to develop them. He emphasizes prudent investing, award-winning exploration efforts, and rapid project advancement. His approach includes a focus on acquiring properties in mining-friendly and politically stable areas.

Philanthropy

Specific details on Richard Warke's philanthropy are not readily available.

Career Milestones

2005

Founded Augusta Group of Companies

Established a conglomerate of public and private businesses in the mining and resource space.

2011

Sold Ventana Gold Corporation

Sold Ventana Gold for $1.6 billion.

2014

Sold Augusta Resource Corporation

Sold Augusta Resource Corporation for $667 million.

2018

Sold Arizona Mining Inc.

Sold Arizona Mining Inc. for $2.1 billion.

2017

Co-founded Equinox Gold

Co-founded Equinox Gold.

2024

Chairman of Highlander Silver Corp

Became Chairman of Highlander Silver Corp.

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

Recognizing Value

Identifying and creating value for investors in the resource business.

Teamwork

Building a dedicated and skilled management team.

Risk-Taking

Being willing to take calculated risks in the mining industry.