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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:

RankNameNet Worth USDCompany
1Blair Parry-Okeden$8.8 BCox Enterprises
2Gina Rinehart$8.5 BHancock Prospecting
3Harry Triguboff$6.9 BMeriton
4Frank Lowy$5 BWestfield Corporation
5Anthony Pratt$3.6 BVisy Industries and Pratt Industries United States


Australia’s Richest Fast Facts:

Rising Asia

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

Top 50 Total Net Worth: USD 83.3 Billion

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:

RankNameNet Worth USDAgeSourceCompany
1Blair Parry-Okeden$8.8 B66MediaCox Enterprises
2Gina Rinehart$8.5 B62MiningHancock Prospecting
3Harry Triguboff$6.9 B83PropertyMeriton
4Frank Lowy$5 B85Shopping MallsWestfield Corporation
5Anthony Pratt$3.6 B56ManufacturingVisy Industries and Pratt Industries United States
6James Packer$3.5 B48CasinosConsolidated Press Holdings Limited
7John Gandel$3.2 B82Shopping MallsGandel Group
8Lindsay Fox$2.8 B79Logistics/Real EstateLinfox
9David Teoh$1.95 B60TelecommunicationsTPG Telecom
10David Hains$1.9 B85FinancePortland House Group
11Kerr Neilson$1.85 B66InvestmentPlatinum Asset Management
12Fiona Geminder$1.83 B51PackagingPact Group
13Michael Hintze$1.8 B63InvestmentCQS
14Mike Cannon-Brookes$1.78 B36Business SoftwareAtlassian
15Scott Farquhar$1.75 B36SoftwareAtlassian
16John, Leslie Alan & Bruce Wilson$1.6 BRetailing Reece
17Stanley Perron$1.54 B93Property, RetailPerron Group
18Jack Cowin$1.5 B74Fast Food Hungry Jack’s
19Gerry Harvey$1.35 B76RetailHarvey Norman Holdings
20Heloise Waislitz$1.3 B53PackagingThorney Investments
21Alan Rydge$1.27 B64EntertainmentAmalgamated Holdings
22Andrew Forrest$1.24 B54Mining Fortescue Metals Group
23Bob Ell$1.2 B71PropertyLeda Holdings
24Maurice Alter$1.1 B91Real EstatePacific Shopping Centres
25Beverly Barlow & Russ Withers$1.09 BRetailing 7-Eleven Australia
26Lang Walker$1.02 B71PropertyWalker Corporation
27Kerry Stokes$1 B75Media, MiningAustralian Capital Equity
28John Van Lieshout$970 M70Real EstateEmpire Office Furniture, Super A-Mart, BW Coles, Chevron, Woolstore
29Angela Bennett$930 M71MiningWright Prospecting
30Solomon Lew$920 M71RetailSolomon Carpet Store Chains
31Paul Little$830 M68Logistics, PropertyToll Holdings
32Tony & Ron Perich$770 MAgriculture/Real EstateLeppington Pastoral, Greenfield Property
33Len Ainsworth$760 M93Betting MachinesAristocrat Leisure Limited
34Robert Ingham$745 M84AgribusinessIngham Enterprises Pty Limited (Sold)
35John Kahlbetzer$740 M85AgribusinessTwynam Agricultural Group
36Sam Tarascio$735 M72Real EstateSalta Properties
37Judith Neilson$720 MInvestmentPlatinum Asset Management
38Con Makris$700 M69Real EstateMakris Group
39Reg Rowe$675 M71RetailingSupercheap Auto chain, Excel Development Group
40Ralph Sarich$660 M77Real EstateCape Bouvard Investments Pty Ltd
41Maha Sinnathamby$650 M76Real EstateSpringfield Land
42Brett Blundy$645 M56RetailingBB Retail Capital
43Bruce Mathieson$640 M72HotelsALH Group
44Richard Smith$615 M76Food DistributionPFD Food Services
45Graham Turner$575 M67Travel IndustryFlight Centre Travel Group
46Bruce Gordon$570 M87MediaWIN Corp
47Nigel Austin$565 M45RetailingCotton On
48Chris Morris$550 M68Software, HospitalityComputershare
49Gretel Packer$510 M50MediaCotton On
50Marcus Blackmore$500 M71RetailingBlackmores


Source: Forbes 2016

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