ws logo Saturday, 23 November 2024

Terry Snow, Executive Chairman, Capital Airport Group

Australia

Champion's Profile

Net worth: $1.2 billion Terry Snow is an Australian businessman (trained accountant), entrepreneur, and philanthropist based in Canberra in the Australian Capital Territory. Snow worked as a property developer in the 1980s with his father, Bob, and brother George. Currently, Snow is Executive Chairman of the Capital Airport Group, the company which leases mainly land for park, shopping centre, and airforce base. Snow is responsible for a $250 million development of a new terminal for Canberra Airport which won an interior design award and welcomed the first two international air carriers to Canberra; Singapore Airlines and Qatar Airways in 2017 and 2018 respectively. Additionally, the National Portrait Gallery commissioned his portrait in recognition of the contribution Snow has made to the growth of Canberra city and his work as a philanthropist.

UNDP SDG

Humanitarian

Description and impact

The Snow Foundation is the creation of brothers Terry Snow and George Snow who established the foundation in 1991 to benefit the disadvantaged community in Canberra and beyond to enable individuals and organisations to introduce positive change.In the 26 years since it was established, The Snow Foundation has reached out to assist 264 different organisations and over 243 individuals, providing $20 million in funding which includes $614,726 to individuals. The annual giving in 2016/17 amounted to $2.1 million, incorporating 30 new grants, 59 ongoing grants and 43 individuals.