Sam Shahin: The Billionaire Businessman of Adelaide

Who is Sam Shahin?
Dr Samer (Sam) Shahin is the Executive Director of Peregrine Corporation, His road to the corporate world and to strategic finance and investments has been, however, a most unusual one. Born to refugee Palestinian parents, Sam migrated to Australia in 1984 at the age of 16.

An accomplished businessman and entrepreneur from Adelaide, South Australia is Sam Shahin. Shahin, who was born in Lebanon in 1965, emigrated to Australia when he was 10 years old. He joined his father’s company, Peregrine Corporation, one of the biggest private businesses in Australia, after completing his studies.

Abdul-Rahman, Shahin’s father, established Peregrine Corporation in 1984. The business began as a little service station in Adelaide and has since grown to rank among Australia’s biggest private businesses. Convenience stores, gas stations, car washes, and other companies are among the many that Peregrine Corporation today owns and manages. In addition, the business is the owner and operator of the well-known OTR (On The Run) convenience store brand, which has more than 150 locations in South Australia.

Sam Shahin, who is currently Peregrine Corporation’s Managing Director, has played a key role in the growth of the business. One of the most prosperous and successful businesses in Australia, Peregrine Corporation has grown and diversified its business operations under his direction.

Sam Shahin is well-known for his engagement in the racing sector in addition to his work with the Peregrine Corporation. He is the proprietor of the well-known Australian GT racing team, which has triumphed in numerous competitions and titles over the years. Shahin is one of Australia’s most avid vehicle collectors and has one of the country’s biggest private collections.

Sam Shahin is one of the wealthiest people in Adelaide and South Australia thanks to his business and racing prowess. One of the richest persons in Australia, his net worth is assessed by Forbes to be at $1.2 billion.

In conclusion, Adelaide, South Australia native Sam Shahin is a well-known businessman and entrepreneur. He is well-known for his role in the racing sector and serves as the Managing Director of Peregrine Corporation, one of Australia’s largest private enterprises. With a net worth of almost $1.2 billion, he is also one of the wealthiest persons in Adelaide and South Australia.

FAQ
How many billionaires are there in South Australia?

There are currently no billionaires from South Australia, according to Forbes’ 2021 Billionaires List. The article’s featured businessman, Sam Shahin, is a billionaire who lives in South Australia.

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