Prominent Sydney Property Billionaire Lang Walker Dies at 78

Lang Walker, a well-known Sydney billionaire and philanthropist, has passed away at the age of 78. He was the co-founder of Walker Corporation, one of the largest private property corporations in Australia. Walker’s company played a significant role in reshaping various parts of Sydney, Melbourne, and Adelaide, with developments ranging from high-rise office buildings to residential neighborhoods.

Walker’s most notable projects included the $3.2 billion Parramatta Square precinct and the vast Collins Square precinct in Melbourne’s Docklands. He was also responsible for the Finger Wharf at Woolloomooloo and the Kings Street Wharf complex near Barangaroo. These projects have left a lasting legacy on the Australian property landscape.

Lang Walker, along with his father Alec, founded A&L Walker in 1964, focusing on earthmoving and excavation services. Over time, their business expanded to include residential properties, industrial parks, and commercial centers. In 1973, the company was renamed Walker Corporation, marking a new era of growth and success.

A prominent feature of Walker Corporation’s developments was Lang Walker’s foresight and ability to make bold decisions in the property market. His strategic judgment and willingness to back his vision played a pivotal role in cementing both his company and his considerable wealth.

Lang Walker’s philanthropy and service to the community and commerce were acknowledged in 2015 when he was awarded an Order of Australia. He served on the board of the Sydney Opera House and was known as a strong supporter of the arts.

Walker Corporation has confirmed the news of Lang Walker’s death, and statements from both his family and the company will be released in due course. He is survived by his wife Sue, their three children Blake, Chad, and Georgia, as well as ten grandchildren.