Paspaley

Paspaley Pearling Company
Paspaley
Company typePrivate company
IndustryAquaculture; Manufacturing; Wholesale and Retailing
GenrePearling
Founded1932; 92 years ago (1932)
FounderNicholas Paspalis
Headquarters,
Number of locations
7 (2019)
Area served
Worldwide
Key people
  • Nick Paspaley AC
  • Paspaley family
ProductsJewellery
BrandsPaspaley Pearls
Total assetsA$billion[1] (2012)
Websitepaspaleypearls.com

Paspaley, officially the Paspaley Pearling Company, a private company, is Australia's largest[1] and oldest pearling company;[citation needed] that cultivates, farms, harvests, wholesales and retails South Sea pearls for the purposes of luxury jewellery supply and manufacture. Paspaley claims that it is a strong advocate of environmental responsibility within the pearling industry.[better source needed]

The Paspaley Group has a diversified portfolio of investments including a naval fleet, aircraft, a shopping mall, an office block, agriculture properties, resorts, and a vineyard. Members of the Paspaley family had an interest in Australia's largest immigration detention centre, located 35 kilometres (22 mi) south of Darwin, Northern Territory.[1]

  1. ^ a b c Hills, Ben (7 September 2013). "Pearl jam". The Sydney Morning Herald. Retrieved 1 October 2019.