Land tycoon Lang Walker of Sydney passed away at the age of 78.
Walker, whose estimated net worth was $5.8 billion, built residential estates in the outer west and skyscraper buildings in Sydney.
His work on Parramatta Square and King Street Wharf was his most well-known accomplishment.
The well-known Kokomo Private Island in Fiji was also owned by him.
In their homage, the Lang family stated that “his generosity and affection had no boundaries.”
He passed away at home in Sydney, according to the Property Council of Australia.
In 2017, Walker became a member of the Property Council’s Australian Property Hall of Fame.
Mike Zorbas, Chief Executive of the Property Council, described Mr. Walker’s impact on the industry and Australian society as “immense.”
“Lang Walker was a great son of Sydney,” he stated.
He was a tremendous supporter of the real estate sector and made significant contributions to numerous Australian towns and cities.
Lang spent more than 50 years living and breathing property.
“He invested in and improved our cities throughout that time, providing housing and jobs for tens of thousands of Australians.
“His induction into the Australian Property Hall of Fame recognised his pioneering works in the property sector and the generosity of his broader philanthropic contributions.”
He was described as a “visionary leader whose contributions have left an indelible mark on our nation’s landscape” by Business Western Sydney Executive Director David Borger and Business NSW CEO Daniel Hunter in a joint statement.
“His bold vision and relentless drive to push boundaries led to the creation of iconic landmarks that have become an integral part of Australia’s architectural heritage,” both of them stated.
“His generous contributions to various charitable causes have touched the lives of countless individuals and made a lasting difference in our society.”
