Cause of death Heart attack Name Paul Ramsay | Role Businessman | |
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Born 1936 Sydney, Australia Occupation Businessman, philanthropist Died May 1, 2014, Bowral, Australia Education Saint Ignatius' College, Riverview Organizations founded Ramsay Health Care, Ramsay Health Care UK | ||
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Paul Joseph Ramsay AO (1936 – 1 May 2014) was an Australian businessman and philanthropist.
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Biography
Born in Sydney, he grew up in Burradoo in the Southern Highlands, New South Wales. He attended St Ignatius College, Riverview.
In 1964, Ramsay founded one of the first private psychiatric hospitals in Sydney. It evolved into Ramsay Health Care, a private hospital company of which he was chairman of the board. As of July 2014 it comprised 151 hospitals and day surgery facilities in Australia, Europe and Asia. He was one of the initiators of television aggregation in Australia and built stations across the country, which today form part of the PRIME7 Television Network. Ramsay was chairman of the Prime Media Group for almost 30 years until relinquishing this role in April 2014. He sat on the board of directors of Adstream and on the advisory board of the Australian Science Media Centre.
Personal life
In 2009, he was appointed chairman of Sydney FC. He also owned luxury real estate. He served on the board of the George Gregan Foundation. He was chairman of Ramsay Youth Services, a charity for young people. He sat on the Board of the Gallipoli Medical Research Foundation. In 2002, he became an Officer of the Order of Australia for his philanthropy. In June of the same year, he was on the Queen's Birthday Honours List. In 2011, he donated AUS$300,000 to the Kevin Spacey Foundation.
Ramsay never married. Prior to his death, in 2014 his net worth was estimated by Forbes at US$3.4 billion. He was the thirteenth richest person in Australia.
Aged 78, he died on 1 May 2014 in his Bowral home after suffering a heart attack in Spain.