Sydney property tycoon Lang Walker has died aged 78.
Walker, who had an estimated wealth of $5.8b, developed high-rise offices in Sydney and housing estates in the outer west.
He was best known for his work on King Street Wharf and Parramatta Square.
He also owned the popular Kokomo Private Island in Fiji.
The Lang family paid tribute, saying “his generosity and affection had no boundaries.”
The Property Council of Australia said he died at home in Sydney.
Walker was inducted into the Property Council’s Australian Property Hall of Fame in 2017.
Property Council Chief Executive Mike Zorbas said Mr Walker’s contribution to the sector and Australian life was “immense.”
“Lang Walker was a great son of Sydney,” he said.
“He was a great champion of the property industry and a great contributor to many Australian cities and communities.
“Lang lived and breathed property for more than five decades.
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“During that time he housed and employed tens of thousands of Australians while investing in and shaping our cities for the better.
“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.”
In a joint statement, Business NSW CEO Daniel Hunter and Business Western Sydney Executive Director David Borger, called him a “visionary leader whose contributions have left an indelible mark on our nation’s landscape.
“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,” the pair said.
“His generous contributions to various charitable causes have touched the lives of countless individuals and made a lasting difference in our society.”
