[17][18] Rinehart held the mantle between 2011 and 2015;[19] and Triguboff in 2016.
It also contains a record number of 39 billionaires.
The final hardcopy issue of BRW was published in November 2013, and between 2014 and March 2016, the list was published online only.
Rinehart has a personal fortune of $12.68 billion, up $2.27 billion on last year. On 4 March 2016, Fairfax announced the closure of the BRW website, and redirected the site to a new section of The Australian Financial Review. (Bianca Rinehart owns 23 percent of Hancock Prospecting, placing her at number 19 on the list. Who is the richest man in the world?
The Financial Review Rich List,[2][3] formerly known as the BRW Rich 200, is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth published annually in The Australian Financial Review. Four-person Melbourne syndicate wins $1 million, World's largest freshwater pearl to fetch $835,500, recently sold Westfield to Unibail-Rodamco for $33 billion, Tumbling Australian property prices finding solid ground, Rent prices on the rise – depending on where you live, Reserve Bank of Australia tipped to cut interest rates to one per cent. [7], Thirteen individuals and/or families have made every list; including Maurice Alter, Lindsay Fox, John Gandel, Bruce Gordon, Bruno & Rino Grollo, David Hains, John Kahlbetzer, Solomon Lew, Frank Lowy, Grahame Mapp, Alan Rydge, Kerry Stokes, and Harry Triguboff.[2][3]. (AAP Image/Dan Himbrechts)). Westfield’s Frank Lowy is number four with a $288 million boost in his worth to $7.158 billion. Clive Palmer’s fortune has tumbled by $1 billion since he took on his new career in politics.Source:News Corp Australia, AUSTRALIA’S RICHEST PEOPLE AND THEIR INDUSTRIES, • Gina Rinehart, $20.01 billion, resources, • Anthony Pratt and family, $7.642 billion, manufacturing, investment, • James Packer, $7.186 billion, entertainment (gaming), investment, • Frank Lowy, $7.158 billion, property, investment, • Ivan Glasenberg, $6.629 billion, investment, • Anthony Pratt and family, $7.64 billion. Moira Geddes talks to BRW editor Michael Bailey about who makes the cut plus this year's rich list surprises. “It’s an Australian company sold all over the world ... It’s quite an inspiring thing to hear. However his high-profile divorce from Erica Baxter is reported to have taken $100 million off his total wealth. The List - Australia's Richest 250 features 117 billionaires and $378bn in total wealth. Overall, Australia’s rich have got even richer in the last year with total wealth among the top 200 rising $16.81 billion to nearly $200 billion. Rich lists are now published in The Australian Financial Review Magazine and in 2017 were rebranded as the Financial Review Rich List.[2][3][4]. With 23%, China … Crown Resorts chairman James Packer ranked number three on the list with a $7.186 billion fortune after strong growth in the company’s share price. (AAP Image/Yuri Gripas)). These are the top 100 richest people in the world today. Kogan electronics founder Ruslan Kogan debuted with a $320 million fortune from his online retail store that is rapidly expanding from electronics into homeware and other areas. Pratt succeeded Harry Triguboff who topped the list in 2016, when it was estimated he had a personal net worth of A$10.62 billion. Property remained the most lucrative industry with 51 rich listers, followed by retail (22), investment (21) and a smattering of other industries including media, technology, healthcare and agriculture. [15], The Financial Review Rich List excludes individuals who have renounced their Australian citizenship. However, when it comes to cold hard cash, the world’s richest people come from all different backgrounds. Hotelier Cyril Maloney, healthcare billionaire Paul Ramsay who left a staggering $3.3 billion to charity, beef industry guru Graeme Acton and Harvey Norman co-founder Ian Norman also died. The list is dominated in number by those whose source of wealth is from property (50%), retail (11%) and investment (10%); while in the 1980s through until mid-2000s, mass media was the traditional wealth creation source.
Pictured, Frank Lowy’s private yacht. Of the 200 listed, 76 names on the list are billionaires – a new record for the publication. A FAMILY business in perhaps the dullest of industries has allowed one man to quietly become Australia’s richest. Perhaps the most notable change is the rise of homegrown technology barons.