Craig Gore

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Craig Gore is an entrepreneur from Sydney, Australia. Craig is married to Marina Gore and has three children Piper, Flynn and Aspen.Craig Gore Lives on the Gold Coast.Gore now spends his time writing a blog of motivational quotes.[1] Craig is the son of legendary property developer and creator of the world famous sanctuary Cove development adjacent to Gore's Hope Island canal and Adult residential development. Gore was born in Fairfield in Sydney's western suburbs. His parents divorced early in his childhood, his father Mike moved to the Gold Coast in early 1971.

Business affairs

He is the founder and former owner of the Australian Financial Planning chain "WPS". Gore was also the co-founder of property development company Atkinson Gore Group, an earth moving business that built the Hope Island canal where he planned to develop Australia's first Adult-Only residential community.http://www.smh.com.au/articles/2002/07/28/1027818485165.html and large subdivisions. Gore sold part of this site to Australand Ltd for $90M in 2003. Australand are now developing the site. Gore also founded a wine exporting company called "Aussie Vineyards",[2] He was ranked sixth on the BRW young rich list in 2006 with an estimated wealth of A$160 million.[3] Was listed on the BRW Rich 200 list 199th at A$180 million in 2007.[citation needed] He has also sponsored and owned V8 Supercars and IndyCar and Champ Car racing teams. See separate Wikipedia listing Team Australia racing.[4][5] Gore was instrumental in the careers of two of Australia's most successful Motorsport exports Marcos Ambrose (NASCAR) and Will Power (INDYCAR). In 2005 Gore at the request of the Queensland Government invested in Australian driver David Besnard, who drove in the INDY 300 classic on the Gold Coast drawing one of the biggest one day crowds to a Motorsport event in Australian history.[6]

Insolvency and bankruptcy

Gore’s creditors accepted an offer which provided for a payment of 3 Million dollars, over three years, and 30% of all profits from a Gore-controlled trust on 18 November 2010.[7][8][9] His creditors decided to terminate the PIA on 24 February 2012.[10][11] Gore declared himself bankrupt & the Public Trustee ITSA consented to on act as official trustee 18 April 2012.[12][13] Creditors concerned about the contents of the Official trustees report, voted to terminate the Official trustees appointment and voted in Gregory Moloney of Ferrier Hodgson on 19 September 2012.

References

  1. ↑ http://www.craig-gore.blogspot.com
  2. ↑ "Meet Gore's money man, Lord Michael Ashcroft". goldcoast.com.au. 2008-09-16. Retrieved 2013-06-03. 
  3. ↑ "Wealth: simple as ABC". Smh.com.au. Retrieved 2013-06-03. 
  4. ↑ "Gore applauds US merger". Foxsports.com.au. 2008-02-23. Retrieved 2013-06-03. 
  5. ↑ WPS Racing
  6. ↑ http://www.austadiums.com/sport/crowds.php
  7. ↑ Nick Nichols (September 13, 2010). "Craig Gore back from the brink of bankruptcy". Gold Coast Bulletin. 
  8. ↑ CBD (2009-10-24). "Win-win follows loss-loss for gore". Smh.com.au. Retrieved 2013-06-03. 
  9. ↑ Craig Gore loses fight over trustee Anthony Marx, The Courier-Mail, January 04, 2012
  10. ↑ "Gore facing bankruptcy as creditors crack down". Theaustralian.com.au. 2012-09-28. Retrieved 2013-06-03. 
  11. ↑ "Craig Gore faces imminent bankruptcy". Goldcoast.com.au. 2012-02-25. Retrieved 2013-06-03. 
  12. ↑ "Craig Gore: I'm bankrupt and scared". Goldcoast.com.au. 2012-04-18. Retrieved 2013-06-03. 
  13. ↑ "ATO seeks order to wind up Gore". Couriermail.com.au. 2013-05-20. Retrieved 2013-06-03. 
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