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15/03/24

13:49

Post #: 72905786
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Originally posted by OneGoodTrade: ↑

Nick Wakim, $1.10bn

Wakim is the founder and majority owner of privately held Phoenix Lithium, which is set to find a partner and capital to build a $US2 billion processing plant in California. He says it will be extracting and recovering about 64,000 tonnes of battery-grade lithium carbonate annually from 2030 onwards. Phoenix’s valuation accounts for most ofWakim’swealth, but he also made headlines buying about $150 million worth of Victorian property last year,including three mansions in Melbourne’s Toorak.

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