Charles Goode Net Worth: Estimated Wealth & Asset Breakdown

Based on publicly disclosed shareholding data and the April 2026 merger of Diversified United Investment Limited (DUI) into Australian United Investment Company Limited (AUI), Charles Goode's verifiable net worth sits at approximately A$59 million (roughly US$38–40 million at mid-2026 exchange rates). That figure represents a conservative, evidence-based lower bound anchored entirely to his documented public equity positions. Factoring in undisclosed private assets, the realistic range stretches to A$59 million–A$120 million, though nothing above the verified floor can be confirmed from public filings.

Quick net-worth snapshot

The number below is not a guess pulled from a celebrity-wealth aggregator. It is derived from Charles Goode's own disclosed director interests in two ASX-listed investment companies, converted through a documented scheme ratio and priced at live market data. That transparency matters because it tells you exactly where the confidence ends.

Net-worth breakdown by category

The table below separates what can be evidenced from what must be estimated. Read the 'Source quality' column before drawing conclusions from any single line.

Who is Charles Goode?

Charles Barrington Goode AC was born on 26 August 1938 and is one of Australia's most quietly influential corporate figures. He is an Australian national who spent the better part of five decades shaping boardrooms rather than headlines. His highest-profile roles were as Chairman of Australia and New Zealand Banking Group (ANZ) from 1996 to 2010 and Chairman of Woodside Petroleum from 1999 to 2007, two of the most consequential corporate chairs in Australian business history. He also holds the post-nominal AC, meaning he was appointed a Companion of the Order of Australia, the country's highest civilian honour, recognising distinguished service to Australian business and public life.

Goode is not a tech billionaire or a media personality. He belongs to a class of Australian corporate steward whose wealth was built methodically through director fees, long-term equity holdings in listed investment companies, and the compound growth of patient capital over decades. His personal profile is deliberately low, which partly explains why reliable wealth estimates require digging through ASX annual reports rather than glossy press profiles.

Career timeline

How Charles Goode built his wealth

Goode's wealth-creation story is essentially a story about the power of long-term compounding inside listed investment companies (LICs). His appointment to DUI's board in 1991 and AUI's board in 1993 placed him at the helm of two vehicles designed precisely for patient, diversified equity investing. Over more than 30 years, those roles came with director fees and, critically, the ability to accumulate and retain meaningful equity stakes. By the time his 2024 director disclosures were published, he held or controlled nearly 7.7 million DUI shares and over 1.69 million AUI shares, a position built incrementally through entitlement plans and related-entity structures rather than a single windfall event.

His ANZ chairmanship from 1996 to 2010 would also have generated substantial director remuneration over that 14-year period. ANZ is one of Australia's 'Big Four' banks, and chairmanship fees at that level, combined with any ANZ equity he may have held, represent a secondary but significant income layer. Similarly, his Woodside Petroleum chairmanship from 1999 to 2007 coincided with a period of major growth in Australian LNG, meaning board remuneration during those years was at the upper end of Australian corporate norms.

Business equity and private holdings

The most clearly evidenced equity positions are his disclosed interests in AUI and DUI, which merged in April 2026. Here is what the public record shows, step by step.

In DUI's 2024 Annual Report, Charles Goode's total relevant interest was disclosed as: 2,895,831 shares held beneficially in his own name; 4,634,234 shares held through related entities; and 140,000 shares held under the entitlements plan. That adds to 7,670,065 DUI shares in total. When DUI was absorbed into AUI under the scheme of arrangement implemented on 30 April 2026, each DUI share converted to approximately 0.4724 AUI shares. Applying that ratio to Goode's 7,670,065 DUI shares produces roughly 3,623,339 new AUI shares.

His pre-merger AUI holding, as disclosed in AUI's 2024 Annual Report, was 156,699 shares (beneficial), 1,501,908 shares (related entities), and 33,583 shares (entitlements plan), totalling 1,692,190 AUI shares. Add the converted DUI shares and you arrive at a post-merger aggregate estimated relevant interest of approximately 5,315,529 AUI shares. At the mid-July 2026 AUI price of around A$11.10 per share, that equates to roughly A$59.0 million in market value.

Beyond these documented public positions, Goode almost certainly holds interests through private trusts, family vehicles, or private companies, given the scale and duration of his corporate career. However, none of those interests are disclosed in publicly available documents reviewed for this article, so they are not included in the verified estimate.

Real estate and major property holdings

No property records relating specifically to Charles Goode have been identified in publicly available filings, company announcements, or media coverage reviewed for this profile. Given his background and career duration, it is reasonable to assume he owns residential property in Australia, most likely in Melbourne where much of his corporate activity has been centred, but no specific properties, addresses, or valuations can be confirmed. Any figures in this area would be speculation and are therefore excluded from the verified net-worth calculation.

Public investments, liquid assets and portfolio context

The AUI shareholding itself is effectively a diversified portfolio, because AUI is a listed investment company that holds a broad spread of Australian equities. As of its 2024 reporting period, AUI's portfolio included major positions across Australian financial, resources, and industrial companies. Owning roughly 5.3 million AUI shares is therefore not a concentrated single-stock bet but rather exposure to a professionally managed, long-duration equity portfolio with a stated focus on income and capital growth.

DUI, before its merger, reported an investment portfolio market value of approximately A$1.326 billion at 30 June 2024. That figure is DUI's total portfolio, not Goode's personal share of it. His relevant interest of 7,670,065 DUI shares represented a fraction of total DUI shares on issue. It is included here as useful context for understanding the scale of the vehicles he has chaired, not as a personal asset line.

Royalties, pensions and recurring income

Charles Goode does not appear to have royalty income streams in the traditional sense. His recurring income is most plausibly derived from two sources: director fees from AUI (his remaining active chairmanship following the DUI merger) and dividends paid on his AUI shareholding. AUI has a long history of paying consistent, franked dividends to shareholders, which would generate a meaningful annual income stream on a holding of approximately 5.3 million shares. The precise current AUI dividend yield is not itemised here because it fluctuates, but readers can check AUI's current announced dividend on the ASX.

Pension or superannuation arrangements for someone of Goode's age and career profile would typically be substantial under Australia's compulsory superannuation system combined with decades of high executive remuneration. However, personal superannuation balances are private in Australia and are not publicly disclosed. They are therefore excluded from the evidenced estimate.

Liabilities, taxes and outstanding obligations

No liabilities, tax disputes, or outstanding obligations relating to Charles Goode have been identified in public filings, court records, or regulatory announcements reviewed for this article. That absence does not mean none exist; it simply means they are not publicly documented. The net-worth estimate presented here makes no deduction for liabilities because none have been verified. In practice, any person of significant wealth will carry some level of personal or trust-level borrowings, tax liabilities, and estate-planning obligations. Readers should treat the A$59 million floor as a gross equity position, not a net-after-liabilities figure.

Philanthropy and charitable contributions

Charles Goode's appointment as a Companion of the Order of Australia (AC) is the highest level of that honour and recognises distinguished service at the highest level. Appointments at this level typically reflect significant public contribution beyond purely commercial activity, which in his case almost certainly includes philanthropic work. However, specific charitable gifts, foundation endowments, or donation amounts attributed to Goode are not detailed in publicly available sources reviewed for this article. This is consistent with a private corporate figure who tends not to publicise personal giving. No specific philanthropic deductions have therefore been applied to the wealth estimate.

Legal, regulatory events and recent financial changes

The most significant recent financial event affecting Goode's documented wealth is the DUI–AUI merger completed on 30 April 2026. See Diversified United Investment Limited, company website / merger notice (DUI merger with AUI implemented 30 Apr 2026) for the implementation date, delisting information and the scheme consideration details Diversified United Investment Limited — company website / merger notice (DUI merger with AUI implemented 30 Apr 2026). DUI was removed from ASX listing on 1 May 2026. Under the scheme of arrangement, eligible DUI shareholders received approximately 0.4724 AUI shares for each DUI share, converting Goode's large DUI position into additional AUI shares. This was not a sale event but a scrip-for-scrip exchange, meaning no immediate capital gains tax crystallisation is assumed unless specific Australian tax rules treat the scheme consideration differently (which readers should verify with a tax adviser for their own purposes).

No legal proceedings, regulatory sanctions, or reputational events affecting Charles Goode's financial position have been identified in publicly available sources. His long career at ANZ spanned the period prior to the Financial Services Royal Commission (2018–2019), and while ANZ as an institution faced scrutiny during that inquiry, Goode had stepped down as chairman eight years earlier in 2010.

Suggested images and media

• Portrait photo of Charles Goode AC (professional headshot from ANZ or AUI annual report era)
• AUI company logo (Australian United Investment Company Limited)
• Historical DUI company logo (Diversified United Investment Limited, pre-merger)
• ANZ Banking Group logo (to illustrate his 14-year chairmanship)
• Woodside Petroleum logo (to illustrate his 1999–2007 chairmanship)
• ASX trading screen or chart showing AUI share price performance around the merger date (April–July 2026)
• Order of Australia insignia (AC level, to contextualise his public service recognition)

How we estimated this figure: methodology and confidence

Estimation methodology here is deliberately narrow and conservative. Step one: pull Charles Goode's disclosed relevant interests from the DUI 2024 Annual Report directors' interest table (7,670,065 total DUI shares) and the AUI 2024 Annual Report directors' interest table (1,692,190 AUI shares). Step two: apply the officially published DUI–AUI scheme conversion ratio of 0.4724 AUI shares per DUI share to convert the DUI position into AUI equivalents (approximately 3,623,339 new AUI shares). Step three: add converted AUI shares to the pre-merger AUI holding to derive a total post-merger estimated relevant interest of approximately 5,315,529 AUI shares. Step four: multiply by the mid-July 2026 AUI market price of approximately A$11.10 per share to reach the A$59.0 million estimate.

Confidence in the floor estimate is moderate-to-high because every input (share count, conversion ratio, market price) comes from either a regulated ASX filing or a live market feed. The main uncertainty is whether 'relevant interest' as reported under the Corporations Act fully corresponds to beneficial economic ownership. Some related-entity holdings may represent interests Goode controls but does not economically own outright. The upper range of A$59M–A$120M is deliberately cautious: it acknowledges that decades of high director fees, superannuation accumulation, private property, and potentially private company interests exist but cannot be documented.

Where to verify the key claims

All share-count figures come from the directors' interest tables in the AUI 2024 Annual Report and the DUI 2024 Annual Report, both of which are lodged with ASX and publicly available via the ASX announcements platform or each company's investor relations page. The DUI–AUI merger conversion ratio (0. Primary sources for the share counts, conversion ratio and market pricing are the AUI & DUI annual reports, the DUI scheme documentation, and contemporaneous AUI market price data (supporting the lower‑bound valuation) AUI & DUI annual reports; DUI scheme documentation; AUI market price data (supporting the lower‑bound valuation). 4724 AUI per DUI) is documented in the DUI Scheme Booklet and the implementation announcement published by DUI on or around 30 April 2026. AUI's market price can be verified in real time on any ASX-connected data provider. The Order of Australia appointment can be confirmed through the official Australian Honours database maintained by the Department of the Prime Minister and Cabinet.

Disambiguation: other Charles figures you might be looking for

The 'Charles Goode' you are reading about is Charles Barrington Goode AC, born 1938, an Australian corporate director best known for his ANZ and Woodside chairmanships and his long-running stewardship of the AUI and DUI listed investment companies. See our separate profile on charles goodyear net worth for the distinct figure and sourcing related to that individual. If you arrived here looking for a different Charles, the profiles below may be what you need. If you meant Charles Gores, see the profile Charles Gores net worth for that individual's financial summary. If you were actually seeking information on Charles Godfrey's finances, see the Charles Godfrey net worth profile for that separate individual. If you were looking for information on Charles Gorra, see our profile titled "Charles Gorra net worth.". If you meant a different person, see the separate profile titled Charles E. Goodman Jr net worth.

Each of those names has its own dedicated profile on this site. If you were searching for one of those figures and landed here by mistake, those profiles will give you the correct financial narrative and sourcing for the person you actually had in mind.

Common reader questions

How reliable is this estimate?

The A$59 million floor is the most defensible single figure you will find because every component traces directly to an ASX-lodged document or a live market price. The upper range (to A$120 million) is an informed extrapolation, not a researched fact, and should be read accordingly. No celebrity-wealth aggregator figure was used as an input.

Does the DUI–AUI merger affect his tax position?

Potentially yes. Scheme of arrangement mergers in Australia can be structured as scrip-for-scrip rollovers for capital gains tax purposes, which may defer rather than eliminate any embedded gain. Whether Goode's specific holding qualified for rollover treatment depends on the structure of his related-entity holdings and individual circumstances that are not publicly disclosed. This is a question for a qualified Australian tax adviser, not a net-worth profile.

When will this estimate be updated?

This estimate will be refreshed when AUI publishes its next Annual Report (typically around September–October for the June 30 financial year end), which will contain updated director interest disclosures reflecting the post-merger position. Significant movements in AUI's share price between now and then will also shift the headline equity value. Readers can do a quick update themselves: multiply the 5,315,529 estimated share count by whatever AUI is trading at on a given day and that is the revised equity value, before any adjustments for private assets.

Is 'relevant interest' the same as ownership?

Not exactly. Under Australian corporations law, 'relevant interest' captures shares a person can control or vote, including through related entities like family trusts and private companies. Some of those shares may be economically owned by other family members or entities. The disclosed 5.3 million post-merger AUI relevant interest may therefore overstate Goode's personal economic wealth to a degree that cannot be determined from public documents alone.

Key takeaways at a glance

• Charles Barrington Goode AC (born 26 August 1938) is an Australian corporate director, best known as former ANZ Chairman (1996–2010) and Woodside Petroleum Chairman (1999–2007)
• His verified net worth floor is approximately A$59 million, based solely on documented public equity holdings in AUI following the DUI–AUI merger completed 30 April 2026
• The defensible net-worth range is A$59 million to A$120 million; the upper band accounts for unverified private assets that are not publicly disclosed
• His primary documented wealth driver is approximately 5,315,529 AUI shares (post-merger estimated relevant interest), valued at ~A$11.10 per share in mid-July 2026
• The DUI–AUI merger converted roughly 7.67 million DUI shares into approximately 3.62 million new AUI shares at the scheme ratio of 0.4724 AUI per DUI share
• All other asset categories (real estate, private holdings, superannuation, cash) are unquantified due to the absence of public filings
• No legal, regulatory, or reputational events have been identified that would reduce this estimate
• His AC honour reflects distinguished public service and likely significant undisclosed philanthropic activity
• Estimates should be refreshed against AUI's next Annual Report director disclosures and the prevailing AUI share price