Age, Biography and Wiki

Karl Suleman was born on 16 April, 1961 in Baghdad, Iraq, is a Froggy internet ceo. Discover Karl Suleman's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 59 years old?

Popular As N/A
Occupation Froggy internet ceo
Age 52 years old
Zodiac Sign Aries
Born 16 April, 1961
Birthday 16 April
Birthplace Baghdad, Iraq
Date of death June 20, 2013
Died Place Sydney, Australia
Nationality Iraq

We recommend you to check the complete list of Famous People born on 16 April. He is a member of famous with the age 52 years old group.

Karl Suleman Height, Weight & Measurements

At 52 years old, Karl Suleman height not available right now. We will update Karl Suleman's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Karl Suleman Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Karl Suleman worth at the age of 52 years old? Karl Suleman’s income source is mostly from being a successful . He is from Iraq. We have estimated Karl Suleman's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2013

The founder of the Froggy Group – was sentenced to 7 and a half years jail after pleading guilty to 26 charges.

Two years after being released from jail on 20 June 2013, 52-year-old Suleman suffered a heart attack at his home in Horningsea Park Sydney.

2005

Two days shy of being released from a 21-month jail term in 2005 the corporate regulator struck again, laying 26 new charges.

2004

In April 2004, Suleman was jailed for 21 months, with a 12-month non-parole period, for four fraud offences.

2002

On 30 July 2002, Suleman the co founder of froggy internet was declared bankrupt, ASIC alleged that around 11 December 2000, Suleman used a false bank statement, which he gave to a finance broker, with the intention of obtaining finance in the amount of $355,000 to purchase a Ferrari Spyder 355.

On 22 July 2002, Suleman was ordered to pay $17.4 million in damages to KSE.

2001

between 1 March 2001 and 16 October 2001, on three separate occasions, Suleman made false statements to finance brokers with the intention of obtaining finance to purchase a $3.3 million Princess Motor yacht and a $360,000 Ferrari Modena.

Suleman enterprises were placed into voluntary administration on 12 November 2001, soon after ASIC commenced proceedings before the NSW Supreme Court to close down an unregistered managed investment scheme operated by the company. KSE and several related companies within the Froggy Group were placed into liquidation.

2000

The company's liquidators said in their report that between July 2000 and November 2001 the business made a net profit of $275,096 but was paying out $2 million a week to investors seeking high returns.

The District Court heard 15 people invested more than $3 million in Suleman's supermarket trolley collection business in 2000 and 2001.

1993

Suleman started the trolley business in 1993, providing trolley collections from supermarkets stretching from Cairns to Adelaide. Supermarkets paid Suleman an agreed fee out of which he paid subcontractors to do the work.

1961

Born in Iraq on 16 April 1961 Assyrian Born Suleman, was only two years old when his father Emanuel, an air force captain, died in a plane crash. His mother Najiba, widowed at the age of 19, brought him to Australia in 1976 to live with his uncle. After leaving school Suleman worked as a storeman and packer. In 1989 he bought a 7-Eleven store, and a second one in the early 1990s. It was also about that time that he saw there was money to be made in the retrieval of shopping trolleys, in early 2000s suleman launched his internet company Froggy.