Billionaire Profile

Global Rank

#1278

Image: Burton, Warren, 1800-1866 | Public domain | via Wikimedia Commons

Sam Gance

CEO, Pharmacies

AUSTRALIA

Real-Time Net Worth

$3.275B

Estimated based on Pharmacies stock value as of March 6, 2026

+1.57% (24h)

Age

Source

pharmacies

Industry

Fashion & Retail

Citizenship

AUSTRALIA

Biography

Sam Gance, a prominent figure in the healthcare industry, is the co-founder of Chemist Warehouse, one of Australia's leading pharmacy chains. His career began in 1972 when he started his first pharmacy with his brother, Jack Gance. Sam Gance's wealth primarily stems from his ownership stake in Chemist Warehouse. As of February 2, 2026, his estimated net worth is $3.4 Billion. The success of Chemist Warehouse has made Sam Gance a highly successful businessman, demonstrating the power of innovation and strategic business practices within the healthcare sector.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

Portfolio Holdings

Sigma Healthcare

In-Depth Profile

Early Life and Career

Sam Gance started his journey in the pharmaceutical industry in 1972, opening his first pharmacy alongside his brother, Jack Gance.

Rise to Success

In 1995, Sam and Jack Gance, together with Mario Verrocchi, co-founded Chemist Warehouse, a discount pharmacy chain. Chemist Warehouse experienced rapid growth, expanding to over 600 outlets across several countries, including Australia, China, Dubai, Ireland, and New Zealand.

Key Business Strategies

The Chemist Warehouse model has been successful due to its focus on offering discounted prices. Chemist Warehouse's annual revenue was $3.3 billion as of April 2025.

Philanthropy

While specific philanthropic initiatives and amounts are not readily available through the search results, Sam Gance has been involved in the sale of assets for charity, as indicated in news articles. The articles suggest a level of philanthropic activity tied to his business success.

Career Milestones

1972

First Pharmacy

Opened his first pharmacy store in Reservoir, Victoria, with his brother Jack Gance.

1995

Chemist Warehouse

Co-founded Chemist Warehouse with his brother Jack Gance and Mario Verrocchi.

2000

MyChemist and Chemist Warehouse

Established the Chemist Warehouse chain.

2025

Sigma Healthcare Merger

Chemist Warehouse dropped its IPO plan and opted for a merger with ASX-listed Sigma Healthcare. The merger was completed in February 2025.

Philanthropy & Social Impact

Arts and Culture

Auction for Charity

Undisclosed

Auctioned off private collection of furniture and art for charity.

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