Billionaire Profile
Richard Warke
Global Rank
#3014

Image: Public domain | via Wikimedia Commons

Richard Warke

CEO, Augusta Group of Companies
CA
Real-Time Net Worth
$1.1B
As of December 2025
Age
0
Source
Mining
Industry
metals-mining
Citizenship
CA

Biography

Richard Warke is a Canadian business executive with over 35 years of experience in the international resource sector. He is the founder of the Augusta Group of Companies, a conglomerate involved in mining ventures. Warke's career highlights include founding and selling Ventana Gold Corp. for $1.6 billion, and Arizona Mining Inc. for $2.1 billion. He also co-founded Equinox Gold in 2017. His source of wealth stems from his successful mining ventures and investments in other sectors such as aviation and hospitality. As of 2024, his estimated net worth is $1.1 billion.

Wealth Over Time

In-Depth Profile

Early Life

Richard William Warke is a Canadian businessman with over three decades of experience in the international resource and mining sector. Warke's career began in the mining industry over thirty years ago. He is a Vancouver-based executive. Warke's specialization is in surfacing value through award-winning exploration efforts and rapidly advancing projects with consistent access to low-cost capital.

Rise to Success

Warke founded the Augusta Group of Companies in 2005, which includes public companies and various private businesses. Over the years, Warke has founded, managed, and funded several mineral discoveries. One of his initial large mining deals was the sale of Ventana Gold Corp. in 2011 for C$1.6 billion. In 2014, he sold Augusta Resource Corp. to HudBay Minerals Inc. for approximately C$666 million. In 2018, he sold Arizona Mining Inc. for approximately C$2.1 billion. Warke also co-founded Equinox Gold in 2017. Warke has established a strong reputation for creating successful mining companies and is a go-to source for information about the sector.

Key Business Strategies

Warke attributes much of his success to assembling a dedicated and skilled team. He emphasizes the importance of recognizing value and creating value for investors. Warke has also been known to take risks, understanding the implications of commodity price fluctuations and utilizing a combination of skills and instincts to create growth for investors.

Philanthropy

Specific philanthropy amounts could not be found in the search results.

Career Milestones

2005

Founded Augusta Group of Companies

Founded the Augusta Group of Companies, a conglomerate of public and private mining companies.

2011

Sold Ventana Gold Corp.

Sold Ventana Gold Corp. for 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, a fast-growing gold company.

2018

Sold Arizona Mining Inc.

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

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 having a dedicated and hardworking team.

Risk-Taking

Willingness to take calculated risks in the mining industry.

Value Creation

Focusing on creating value for investors.