Nigel Austin

Nigel Austin

Nigel Austin (#3000)

Global Rank #3000
Country Rank #52
Country Australia

There was plenty of tough love. My family had a very successful business, but I was limited with resources when I went to college. I was forced to go out there and have a strong work ethic.

  • $ 1 B
  • Retail
  • Australia
  • M
  • 55 Years

Snapshot

Quick Facts

Global Rank #3,000
Country Rank #52
Net Worth $1.2B
Previous Worth $1.2B
Worth Change +$0.0B
Country Australia
Industry Retail
Age 55 Years
Gender M
Worth As Of May 4, 2026
Residence Melbourne, Australia
Citizenship Australia
World Billionaires List Australia Billionaires Retail

Profile Data

Personal Stats

Age 55
Source Of Wealth Retail, Self Made
Residence Melbourne, Australia
Citizenship Australia
Marital Status Married
Children 6
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $1.2B
Current Net Worth $1.2B

Worth as of May 4, 2026

About Me

Nigel Austin is the founder and majority owner of the Cotton On clothing and stationery group. Its brands include Cotton On, Supre, Factorie and Typo. His company has close to 1,300 stores in 17 countries with 2025 revenue of around $1.5 billion. About half of these stores are in Australia, while the other half are spread across countries such as Singapore, South Africa and the U.S. Founded in 1991, Austin started selling acid-washed denim jackets from the trunk of his car in his hometown southwest of Melbourne. Now it sells inexpensive fashion basics, including T-shirts, leggings, sweatpants, shoes and underwear, as well as quirky stationery.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Nigel Austin.

#3017
Billionaires (2026)
#50
Australia's 50 Richest (2025)

Insights

Did You Know?

Austin's late father, Grant Austin, ran a publicly traded clothing wholesale and import business called the Austin Group, where Austin would spend school holidays working.

In 1991 Austin set up his first store in a small space behind a butcher shop run by his grandfather and sourced merchandise from his father.

Wealth Growth

Net Worth Growth Over Time

Tracking Nigel Austin's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.2B (May 4, 2026)

© Iconic Billionaires