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About

Malcolm Bligh Turnbull is an Australian former politician, businessman, and barrister. He served as the 29th Prime Minister of Australia from 2015 to 2018. Turnbull held the position of leader of the Liberal Party from 2008 to 2009 and again from 2015 to 2018. He was the member of parliament for the New South Wales division of Wentworth from 2004 to 2018.

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Career Timeline

1987C$5M

Founded Investment Bank

Turnbull co-founded Whitlam Turnbull & Co Ltd, an investment banking and corporate advisory firm. This early venture established his reputation in Australian business circles and began building his personal fortune.

1993C$30M+$25M

Sold OzEmail Stake

As a major investor in OzEmail, Australia's first commercial internet service provider, Turnbull made significant profits from its sale. This cemented his status as a wealthy businessman before entering politics.

2004C$80M+$50M

Entered Federal Parliament

Turnbull won the Liberal Party preselection and election for Wentworth, entering federal politics. His business wealth and legal background positioned him as a rising star in the Liberal Party.

2008B$100M+$20M

Became Liberal Leader

Turnbull won the Liberal Party leadership after defeating Brendan Nelson. His first stint as opposition leader was brief but raised his national profile significantly.

2009C$105M+$5M

Lost Liberal Leadership

Turnbull lost the leadership to Tony Abbott over climate policy disagreements. This setback temporarily diminished his political standing but his wealth remained intact.

2015A▲▲$150M+$45M

Became Prime Minister

Turnbull successfully challenged Abbott for the Liberal leadership and became Australia's 29th Prime Minister. This elevated him to household name status across Australia and internationally.

2017A$165M+$15M

Same-Sex Marriage Victory

Turnbull oversaw the successful postal survey and legalization of same-sex marriage in Australia. This was seen as a major achievement but also exposed divisions within his party.

2018B$170M+$5M

Ousted as PM

Turnbull was removed as Prime Minister and Liberal leader in a party room coup led by conservative MPs. He resigned from parliament shortly after, ending his political career.

2026B$180M+$10M

Post-Political Career and Advocacy

Turnbull remains active in public discourse on climate policy and political reform through media appearances and his memoir. He is well-known in Australia but no longer at the center of political power.

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Last updated: February 23, 2026