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2017 Australia Top 50 Richest

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2017 Australia Top 50 Richest

The top 50 richest people in Australia in 2017 have a combined estimated net worth of more than $122.14 billion, in the Forbes report released in 2018.

Gina Rinehart top the list with an estimated net worth of $16.6 billion, with key holdings in Hancock Prospecting, a leading Australian mining and agricultural Company. Harry Triguboff, founder of Meriton Australia’s largest apartment developer and the country’s biggest residential home builder, is 2nd on the list with $9.9 billion. Anthony Pratt, Executive Chairman of Visy Industries  (paper, packaging & recycling company) and Pratt Industries (the world’s largest privately owned packaging and paper company), is 3rd on the list with $5.8 billion.

Frank Lowy, Westfield Corporation (Australian-based British-American shopping center company) and Bianca Rinehart, Gina Rinehart’s daughter and a trustee of the Hope Margaret Hancock Trust, rounded up the top 5 richest people in Australia with $5.7 billion and $5 billion respectively.

 

Top 5 Richest in Australia:

Rank Name Net Worth (USD) Age Source Company
1 Gina Rinehart $16.6 B 64 mining Hancock Prospecting
2 Harry Triguboff $9.9 B 85 real estate Meriton
3 Anthony Pratt $5.8 B 58 manufacturing Visy Industries
4 Frank Lowy $5.7 B 87 shopping malls Westfield Corporation
5 Bianca Rinehart $5 B 41 mining Hope Margaret Hancock Trust

 

Australia’s Richest Fast Facts:

Newswire
Rising Asia

The Richest: Gina Rinehart with $16.6 Billion, Hancock Prospecting Blair (2016: Parry-Okeden with $8.8 Billion, Cox Enterprises)



Top 50 Total Net Worth: $122.14 Billion (2016: $83.3 Billion)

The Average Age: 68.9 Years Old (2016: 69.5 Years Old)

The Oldest Age: 95 Years Old ($2.35 Billion, Stanley Perron, Perron Group – a property investor and automotive distributor)

The Youngest Age: 38 Years Old ($3.4 Billion, Mike Cannon-Brookes, Atlassian – a Software developer company), ($3.4 Billion, Scott Farquhar, Atlassian)

 

2017 Australia Top 50 Richest:

Rank Name Net worth (USD) Age Source Company
1 Gina Rinehart $16.6 B 64 mining Hancock Prospecting
2 Harry Triguboff $9.9 B 85 real estate Meriton
3 Anthony Pratt $5.8 B 58 manufacturing Visy Industries
4 Frank Lowy $5.7 B 87 shopping malls Westfield Corporation
5 Bianca Rinehart $5 B 41 mining Hope Margaret Hancock Trust
6 Andrew Forrest $4.4 B 56 mining Fortescue Metals Group
7 John Gandel $4.1 B 83 shopping malls Chadstone
8 James Packer $3.7 B 50 casinos Crown Resorts
9 Lindsay Fox $3.5 B 81 logistics, real estate Linfox
10 Mike Cannon-Brookes $3.4 B 38 software Atlassian
11 Scott Farquhar $3.4 B 38 software Atlassian
12 Fiona Geminder $2.9 B 53 manufacturing Pact Group
13 John, Alan & Bruce Wilson $2.7 B retailing Reece
14 Kerry Stokes $2.6 B 77 industrial equipment, media Seven Group Holdings
15 Stanley Perron $2.35 B 95 real estate, retail Perron Group
16 Lang Walker $2.31 B 72 real estate Walker Corp.
17 Michael Hintze $2.3 B 64 investment CQS
18 Heloise Pratt $2.2 B 55 manufacturing, investment Thorney Investments
19 David Hains $2.1 B 87 Investment Portland House Group
20 Maurice Alter $2 B 93 real estate Pacific Group
21 Tony & Ron Perich $1.85 B agriculture/real estate Greenfields
22 Jack Cowin $1.8 B 75 fast food Hungry Jack’s
23 Angela Bennett $1.7 B 74 mining Wright Prospecting
24 Kerr Neilson $1.62 B 68 investment Platinum Asset Management
25 Gerry Harvey $1.6 B 78 retail Harvey Norman Holdings
26 Judith Neilson $1.5 B 72 investments White Rabbit Gallery
27 Manny Stul $1.45 B 69 toys Moose Toys
28 Bob Ell $1.4 B 73 real estate Leda Holdings
29 Nigel Austin $1.36 B 47 retailing Cotton On Group
30 David Teoh $1.32 B 62 telecoms TPG Telecom
31 Solomon Lew $1.3 B 73 retail Premier Investments
32 Len Ainsworth $1.27 B 94 betting machines Aristocrat Leisure
33 Richard White $1.25 B 63 software WiseTech Global
34 Brett Blundy $1.23 B 58 retail, agribusiness BB Retail Capital
35 John Van Lieshout $1.2 B 72 real estate Unison Projects Group
36 Alan Rydge $1.15 B 65 entertainment Event Hospitality & Entertainment
37 Gretel Packer $1.1 B 52 casinos Crown Resorts, Packer Family Foundation
38 Terry Snow $1.07 B 74 airports, real estate Capital Airport Group
39 Sam Tarascio $1 B 73 real estate Salta Properties
40 Paul Little $980 M 70 logistics, real estate Toll Holdings
41 John Kahlbetzer $950 M 87 agribusiness Twynam Agricultural Group
42 Bruce Mathieson $910 M 74 hotels Australian Leisure & Hospitality
43 Maha Sinnathamby $900 M 78 real estate Springfield Land Corp.
44 Con Makris $800 M 71 real estate Makris Group
45 Ralph Sarich $780 M 79 real estate Cape Bouvard Investments
46 Graham Turner $770 M 68 travel Flight Centre Travel Group
47 Russell Withers $760 M 71 Food & Beverage 7-eleven
48 Richard Smith $750 M 77 food distribution PFD Food Services
49 Tim Roberts $710 M 47 contruction & aviation Multiplex, AvWest
50 Chris Thomas $700 M 68 food processing Thomas Foods International

 

*Data released 1st November 2017

Source: Caproasia Institute, Forbes

 

2017 Rich List – South-east Asia

2017 Rich List – North Asia

2017 Rich List – Global





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Caproasia.com is the leading source of information, data, research and resource for financial professionals in Asia who manage assets and advise clients. Collectively, they manage more than $20 Trillion assets in Asia in Private Banking, Wealth Management, Multi-Family Office, Family Office, Fund Management, Asset Management, Insurance, Private Equity and Hedge Funds.