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2016 Australia Top 50 Richest

The top 50 richest people in Australia have a combined estimated net-worth of more than USD 85.3 Billion, in the latest 2016 report by Forbes.

Blair Parry-Okeden, who owns diversified businesses including Cox Enterprises (Communications, Media, Automotive), tops the list with an estimated net-worth of $8.8 Billion. Gina Rinehart is 2nd on the list with $8.5 Billion, with key holdings in Hancock Prospecting.  Harry Triguboff, is 3rd on the list with $6.9 Billion.

Frank Lowy, Westfield Corporation and Anthony Pratt, Visy Industries and Pratt Industries rounded up the top 5 richest people in Australia with $5 Billion and $3.6 Billion respectively.

Top 5 Richest in Australia:

Rank Name Net Worth USD Company
1 Blair Parry-Okeden $8.8 B Cox Enterprises
2 Gina Rinehart $8.5 B Hancock Prospecting
3 Harry Triguboff $6.9 B Meriton
4 Frank Lowy $5 B Westfield Corporation
5 Anthony Pratt $3.6 B Visy Industries and Pratt Industries United States

 

Australia’s Richest Fast Facts:

Newswire
Rising Asia

The Richest: Blair Parry-Okeden with $8.8 Billion, Cox Enterprises

Top 50 Total Net Worth: USD 83.3 Billion

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The Average Age: 69.5 Years Old

The Oldest Age: 93 Years Old ($1.54 Billion, Stanley Perron – Perron Group)

The Youngest Age: 36 Years Old ($1.78 Billion, Mike Cannon-Brooks, Atlassian), ($1.75 Billion, Scott Farquhar, Atlassian)

 

2016 Australia Top 50 Richest:

Rank Name Net Worth USD Age Source Company
1 Blair Parry-Okeden $8.8 B 66 Media Cox Enterprises
2 Gina Rinehart $8.5 B 62 Mining Hancock Prospecting
3 Harry Triguboff $6.9 B 83 Property Meriton
4 Frank Lowy $5 B 85 Shopping Malls Westfield Corporation
5 Anthony Pratt $3.6 B 56 Manufacturing Visy Industries and Pratt Industries United States
6 James Packer $3.5 B 48 Casinos Consolidated Press Holdings Limited
7 John Gandel $3.2 B 82 Shopping Malls Gandel Group
8 Lindsay Fox $2.8 B 79 Logistics/Real Estate Linfox
9 David Teoh $1.95 B 60 Telecommunications TPG Telecom
10 David Hains $1.9 B 85 Finance Portland House Group
11 Kerr Neilson $1.85 B 66 Investment Platinum Asset Management
12 Fiona Geminder $1.83 B 51 Packaging Pact Group
13 Michael Hintze $1.8 B 63 Investment CQS
14 Mike Cannon-Brookes $1.78 B 36 Business Software Atlassian
15 Scott Farquhar $1.75 B 36 Software Atlassian
16 John, Leslie Alan & Bruce Wilson $1.6 B Retailing  Reece
17 Stanley Perron $1.54 B 93 Property, Retail Perron Group
18 Jack Cowin $1.5 B 74 Fast Food  Hungry Jack’s
19 Gerry Harvey $1.35 B 76 Retail Harvey Norman Holdings
20 Heloise Waislitz $1.3 B 53 Packaging Thorney Investments
21 Alan Rydge $1.27 B 64 Entertainment Amalgamated Holdings
22 Andrew Forrest $1.24 B 54 Mining  Fortescue Metals Group
23 Bob Ell $1.2 B 71 Property Leda Holdings
24 Maurice Alter $1.1 B 91 Real Estate Pacific Shopping Centres
25 Beverly Barlow & Russ Withers $1.09 B Retailing  7-Eleven Australia
26 Lang Walker $1.02 B 71 Property Walker Corporation
27 Kerry Stokes $1 B 75 Media, Mining Australian Capital Equity
28 John Van Lieshout $970 M 70 Real Estate Empire Office Furniture, Super A-Mart, BW Coles, Chevron, Woolstore
29 Angela Bennett $930 M 71 Mining Wright Prospecting
30 Solomon Lew $920 M 71 Retail Solomon Carpet Store Chains
31 Paul Little $830 M 68 Logistics, Property Toll Holdings
32 Tony & Ron Perich $770 M Agriculture/Real Estate Leppington Pastoral, Greenfield Property
33 Len Ainsworth $760 M 93 Betting Machines Aristocrat Leisure Limited
34 Robert Ingham $745 M 84 Agribusiness Ingham Enterprises Pty Limited (Sold)
35 John Kahlbetzer $740 M 85 Agribusiness Twynam Agricultural Group
36 Sam Tarascio $735 M 72 Real Estate Salta Properties
37 Judith Neilson $720 M Investment Platinum Asset Management
38 Con Makris $700 M 69 Real Estate Makris Group
39 Reg Rowe $675 M 71 Retailing Supercheap Auto chain, Excel Development Group
40 Ralph Sarich $660 M 77 Real Estate Cape Bouvard Investments Pty Ltd
41 Maha Sinnathamby $650 M 76 Real Estate Springfield Land
42 Brett Blundy $645 M 56 Retailing BB Retail Capital
43 Bruce Mathieson $640 M 72 Hotels ALH Group
44 Richard Smith $615 M 76 Food Distribution PFD Food Services
45 Graham Turner $575 M 67 Travel Industry Flight Centre Travel Group
46 Bruce Gordon $570 M 87 Media WIN Corp
47 Nigel Austin $565 M 45 Retailing Cotton On
48 Chris Morris $550 M 68 Software, Hospitality Computershare
49 Gretel Packer $510 M 50 Media Cotton On
50 Marcus Blackmore $500 M 71 Retailing Blackmores

 

Source: Forbes 2016

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