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One of Australia's richest men, billionaire Canberra developer Terry Snow, dies aged 80 (2024)

Billionaire Canberra property developer and philanthropist Terry Snow has died at the age of 80.

Born in Queanbeyan and the grandson of Canberra's first general store owner, Mr Snow's commercial property projects saw him rise to be one of Australia's richest people.

Through his company, Capital Property Group, Mr Snow led a number of commercial developments around the national capital, most notably the purchase and development of Canberra Airport.

Mr Snow purchased what he described as "a humble tin shed in a paddock" in 1998 from the federal government for $65 million, developing it into today's international airport and surrounding Majura precinct.