The List: Australia's Richest 250 2022 Top 20 1. PROPERTY has dominated the 2022 edition of The Australian 's The List of Australia's 250 wealthiest people, with Meriton boss Harry Triguboff coming in sixth place with a fortune of $20.81 billion. The results have been startling. .dkDJIp{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-box-pack:start;-webkit-justify-content:flex-start;-ms-flex-pack:start;justify-content:flex-start;-webkit-align-items:stretch;-webkit-box-align:stretch;-ms-flex-align:stretch;align-items:stretch;padding:0;}/*!sc*/ No Rich List would be complete without its fair share of real estate billionaires. @media (max-width:767px){@media (max-width:767px){.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE ul{margin-right:-1rem;}}}/*!sc*/ Find out more about our policy and your choices, including how to opt-out. See the full list $2.08b Average wealth 131 Billionaires 30 Women 65 Average age THE TOP 10 Australia's richest 1 Gina Rinehart $32.64b last year: $36.28b Big names in property have made a splash in this years list of Australias richest 250 people. While property is the overall winner, its mining that dominates the top 10 wealthiest. Scott Farquhar $25.99 billion 6. The businesswoman swelled her personal wealth to AUD$32.64 billion, up from AUD$36.28 billion last year. Chances are that if you purchased something online during the COVID-19 pandemic, it arrived at your door in a cardboard box made by Anthony Pratt's business.Pratt is the executive chairman of Visy Industries and Pratt Industries in America, the world's largest privately owned packaging and paper company. For Nick Andrianakos, a journey of discovery to the lucky country has led to an estimated $894m petroleum fortune built over a lifetime. log in. The average fortune of Australias 250 richest people is $1.27 billion, and their combined wealth equals almost $320billion. Forget fast cars, super yachts or luxury houses. It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business pay staff well, hire more women and stay out of the way. An impression of Pacific, a twin supertower project proposed for Surfers Paradise on the Gold Coast by Meriton boss Harry Triguboff. Richard White $5.94 billion 15. He also owns mens suiting business The Cloakroom, which has boutiques in Melbourne, Brisbane and Tokyo and is about to open another on the top floor of BPMs Shadow Play development in Melbourne, alongside a bar. One of Australia's most celebrated immigrant success stories, Triguboff has built an empire on the back of Australia's soaring demand for high-rise residential buildings. The Club consists of the owners of those 38 apartments, which range in price from $4 million to about $25 million and sit on floors 32 to 49 in Capitol Grand. In fact, looking atThe Australiansrecently unveiledRichest 250 List, youd be forgiven for thinking 2021 was the year thattechnologycompanies and mining giants took over. Clive Palmer makes more income than almost every other Australian billionaire. There is nothing I wouldnt sacrifice, he says. A political brawl has broken out over a change to how superannuation is taxed, but what on earth does it all really mean for you? Then it pays to have these two traits that the founders of Canva and Meriton share, the editor of the Richest 250 tells the Money Cafe podcast. Hi there, welcome to your account and your subscriber benefits, The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country. Mike Cannon-Brookes $26.20 billion 5. You can access the latest stories from the journalists youre following here. The 10 Richest People In Australia Revealed [2022] 1. The perfect time to enter the property market was early last year when everyone was scared off by COVID. However, Rinehart admitted late April that the record prices could not last as lower-cost countries with higher-grade resources brought on supply. Dr Andrew "Twiggy" Forrest (Resources) - $30.72 billion 2021 Rank: 2 2020 Rank: 2 Wealth Change: +$3.47 billion 3. 2019 marked the eighth time that Rinehart had headed the list. The Mineralogy founder and United Australia leader lays claim to $18.35 billion in assets, up from $9.76 billion recorded in the 2021 Richest 250 list. Current research is now showing us that the final stages of the last sea level rise caused one of Australia's largest and richest freshwater bodies, Lake Carpentaria, to be inundated by the rising ocean. Andrew Forrest $31.77 billion 3. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. Clive Palmer $18.35 billion 8. PROUDLY KIWI OWNED & OPERATED | EST. Atlassians Mike Cannon-Brookes says Australia needs to build its own Netflixes and Ubers to remain globally competitive. He just edges out Gina Rinehart with $13.12billion, the richest of all 27 women on The List. After two years, the "puppy" had grown to an alarming size of 250 pounds and developed a peculiar ability to walk on two legs. Cliff Obrecht and Melanie Perkins founded Canva in 2012 and its now worth $6b, with Obrecht and Perkins owning $2.5b apiece. Frank Lowy $8.90 billion 12. Gold Coast home to Australias best-value luxury real estate, The most expensive home ever auctioned in Queensland, Real estate agent ranks #1 among Century 21s 155,000 worldwide, propertynoise.co.nz #1 for real estate agent news | GOOGLE, Unacceptable: top real estate agents axed, INTERNATIONAL: Tennis star Monica Seles billionaire husband, 76, is refusing to pay the $90,000 tax bill, The continual saga of struck-off real estate agent. She managed to double her wealth in a single year (last year she had a paltry $16.25b). A vigorous campaigner for renewable energy, Cannon-Brookes eclipsed his business partner's real estate record by buying the house next door for a record-breaking $100 million. Included in The List are 131 billionaires, 29 newcomers, and 30 women. She has also illustrated several childrens books. Listed company valuations are calculated in mid-April. @media (max-width:1024px){.iwiQAo.iwiQAo.iwiQAo.iwiQAo{margin-right:calc(0px - ((100vw - 658px) / 2));}}/*!sc*/ Industry:Mining Business: Hancock Prospecting Role: Chairman Wealth in 2021: AUD$36.28 billion Change: -11%. Picture: The Australian/Supplied. The inquiry originally was expected to call James Packer and Lawrence Ho to give evidence. Developer Lang Walker has taken the challenges of the pandemic in his stride and is banking on a big return to the office with his latest Sydney project. Cameron Adams $5.43 billion 16. Mike Cannon-Brookes $26.20 billion 5. Gina Rinehart is the richest person in Australia, with a . .gPAVgb.gPAVgb{color:var(--ck-textInvertedStatic);}/*!sc*/ Today, they're worth $470 billion. According to the latest statistics revealed in The Australian's Richest 250 List, these are the ten richest people in Australia.. 1. Industry:Mining Business: Fortescue Metals Group Role: Chairman Wealth in 2021: AUD$29.61 billion Change: 7%. Its not just hard work, it means that I wake up and Im already thinking about work. Institutional investors may see Blackstones Crown offer as close to the mark, but James Packer will be eyeing potential rival bids. The List Australias Richest 250 reinforces how tech, resources and energy are interdependent and all are crucial given our challenging strategic outlook. Now worth a combined $717m, this duo moved north to start a charitable program after founding one of Australias most successful technology companies. Buoyed by the boom in property prices, founder and managing director of Meriton Group Harry Triguboff is the sixth richest person in the country. Keep informed with what is happening with property in Auckland, New Zealand. Can restaurant king Justin Hemmes take on Melbourne? DespiteMolnars early success,the average age of Australias richest people remains unsurprisingly high at 65 years of age, while among the 250 members of the rich list, there were only 30 women. We aggregate real estate news and property news so you have one place to visit for all your property news. The hottest trophy asset for Australias rich elite right now is a $100m jet. We simply refer/ link you to their sites and we make no claim to their material. data-styled.g487[id="Stack__StackContainer-sc-12grjm-0"]{content:"dkDJIp,"}/*!sc*/ Industry:Manufacturing Business: Visy, Pratt Industries Role: Executive Chairman Wealth in 2021: AUD$21.27 billion Change: 30%. Its been a good pandemic for Australias richest people, and The Weekend Australian (of all places) has now revealed just how good: the total wealth of the richest 250 Australians is up about 25%. To connect a sign in method the email must match the one on your Crikey account. Enter your email address and Crikey will send a Verification Code. The market was up 25 per cent, and has come down since then. Mike Cannon-Brookes $26.20 billion 5. While he checks the share price most days, he says he cant get too worried about it. See the new rankings. The valuations are undertaken by the Rich List editors and an analyst and are minimum estimates. Australia's very rich got even richer in the last year. Join the conversation, you are commenting as. Melanie Perkins now one of Australias three wealthiest women after her tech sensation Canva rose in value to $8.77bn. The popular veteran stockpicker will take a carrot and stick approach to the LICs he has targeted that are trading below their asset value. Andrew Forrests R.M. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. Public shareholdings are calculated on share prices up to mid-February 2022, and property values and purchase prices have been derived from several public sources. .bTWqPM.bTWqPM li{display:list-item;}/*!sc*/ .juvbvE.juvbvE button > svg{color:var(--ck-textPrimary);}/*!sc*/ Australias Richest 250: Property produces more billionaires than any other sector, Politicians just cant keep their hands off our superannuation, The new work-from-home tax rules explained, If youve guaranteed your childs loan, you could be in big trouble, DO NOT keep savings in a transaction account, The best blue-chip stocks over the last 10 years, Surely our super funds can do better than this we deserve better, The best performing assets over the last 10 years, Finding the best kids savings accounts is certainly not childs play, Teens and money: Help your teen unlock the power of compounding, Its time to take control and set some debt limits, 5 things that self-made millionaires do differently, Thinking of joining an MLM as your side hustle? Anthony Pratt & family $27.77 billion 4. Delving deep into property portfolios, share prices and investments, the report profiles the influential movers and shakers in Australia that shape our economic landscape. Copyright 2023 Private Media Pty Ltd. Publishers of Crikey. , are of the top 20 richest Australians, as well as a few young guns. Has Aussie billionaire created the next tech unicorn? Heres how it works: While much of the wealth accumulated by Australias richest people is subject to anonymity,The Australians list takes into account net worth calculations based on public records. Importantly, the report reveals that wealth in Australia has surged, with a record 29 new names making the list this year, the youngest of which beingAfterpay guru Nick Molnar, who at just 32-years-old is the countrys youngest self-made billionaire. Included in, are 131 billionaires, 29 newcomers, and 30 women. Gina Rinehart Net Worth A$36.88 billion. @media (max-width:767px){.iwiQAo.iwiQAo.iwiQAo.iwiQAo{margin-right:-1rem;}}/*!sc*/ Gina Rinehart (Resources/Agriculture) - $34.02 billion 2021 Rank: 1 2020 Rank: 1 Wealth Change: +$2.96 billion 2. Another Australian-made software-as-a-service gaining global ubiquity is Canva. Third is paper merchant Anthony Pratt with $27.77 billion; while Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar are 4th and 5th with wealth of $26.20 and $25.99 billion. They wind down in various ways, from the sporty to the leisurely or just collecting ritzy houses. Prefer us not to? Well, 2021 might not have been our year, but that didnt stop therichestpeople inAustraliafrom turning their fortunes from massive to monstrous. By John Stensholt March 25, 2022 Wealth The $1bn ship that saved Christmas for Moose Toys Mr Hallinan says balance is not possible if you want to become an Olympic athlete. 1. People see really successful people as the successful people that theyd love to be, but to be incredibly successful at any one thing, youre actually living a very insulated life. Headed by Richest 250 member Fung Lam, New Aim is an Australian e-commerce success story, which is seeking external capital for the first time to bolster growth. data-styled.g589[id="styles__PlaylistStackContainer-sc-1gcgg89-1"]{content:"iwiQAo,"}/*!sc*/ The total wealth on the 2022 list is a combined $520.20 billion, in 2021 it was $470.07 billion. Harvey Norman is flying for the billionaire, but he has had less luck with some of his other investments. Although he did have to give up skiing recently. The technology revolution has arrived, changing the face of the ranks of Australias wealthiest individuals. The continued boom in e-commerce sent revenue up in Visys corrugated box divisions, while the rise in home dining saw demand for plastic and aluminium packaging increase. Instead of viewing a multitude of news sites to find out the very latest property news simply come here. We are guided by a deceptively simple, old idea: tell the truth and shame the devil. Australias rich lost a lot of money in 2022 and it could get worse for some billionaires this year, but others could buck the trend. Joining Rinehart in the top 5 are Fortescue Metals chairman. After that, property kicks into play. .bTWqPM.bTWqPM a{font-size:0.75rem;line-height:1rem;font-family:"Pangea","Helvetica Neue",Helvetica,Arial,sans-serif;font-variation-settings:"XTDR" 50,"APRT" 100,"SPAC" 40;font-weight:400;color:var(--ck-textSecondary);}/*!sc*/ Andrew Forrest $31.77 billion 3. Despite being the only member of the top 10 to lose wealth this year, Rinehart continued to benefit from the major boost in iron ore prices. Thats up from 12 per cent in 2020 and comes after we unearthed more wealth through the inaugural Financial Review Rich Women List, published in March. This fact was buried deep on page 82 of the paper's glossy magazine insert, The List. A unique collection of NFTs celebrates their success. The List Australia's Richest 250 is published in The Weekend Australian today and is also available online. .cfSGoo.cfSGoo{color:var(--ck-textSecondary);margin-top:20px;}/*!sc*/ The richest Australian in 20212 is none-other than mining magnate Gina Rinehart. Six drinks industry billionaires have scored a spot on The Australian's Richest 250 List, the biggest annual study of the country's wealthiest individuals. The wealthy can be highly secretive. Mining magnate and political wildcard Clive Palmer is the seventh richest Australian with an estimated net worth of $18.35 billion. Just get in and get started.. The businesswoman swelled her personal wealth to AUD$32.64 billion, up from AUD$36.28 billion last year. There are ways to get ahead, however. .hzYKFv.hzYKFv{-webkit-flex:0 0 auto;-ms-flex:0 0 auto;flex:0 0 auto;width:318px;height:unset;margin:0;}/*!sc*/ The results have been startling. . We strongly recommend that you obtain independent advice before you act on the content. He provided a loan to back her APM growth plans nearly two decades ago. Gina Rinehart has been named the nation's richest person in the Australian's 2022 The List: Australia's Richest 250. Laurene Powell Jobs is an American billionaire who . Rinehart tops Richest 250, Canvas Perkins the big mover. The technology revolution is heralding a shift from old industries such as mining and manufacturing to newer online sectors, bringing significant change to the ranks of the countrys wealthiest individuals, Stensholt said. With at least 80 of the hotels he jointly owns shut in Victoria, Bruce Mathieson says its the worst times hes seen. WiseTechs Richard White wants to beef up Australias STEM capacity. The average fortune of Australia's 250 richest people is $1.27 billion, and their combined wealth equals almost $320 billion. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. But who did best of all? He is based in Sydney. We aggregate real estate news and property news so you have one place to visit for all your property news. Copyright Nationwide News Pty Ltd. All times AEST (GMT +10:00), A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites.

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