Financial Review Rich List 2018

The Financial Review Rich List 2018 is the 35th annual survey of the wealthiest people resident in Australia, published by The Australian Financial Review on 25 May 2018.[1]

The net worth of the wealthiest individual, Anthony Pratt, was A$12.90 billion; while the net worth of the 200th wealthiest individual, Radek Sali, was A$387 million; up from $341 million in 2017.[2] The combined wealth of the 200 individuals was calculated as A$282.7 billion;[1] compared with a combined wealth of A$6.4 billion in 1984 when the BRW Rich 200 commenced.[3] Nineteen women were included on the 2018 Rich List, representing 8.5 percent of the list.[2] The average age was 66 years. The list included a record 76 individuals whose net worth was one billion or more, an increase of 16 from 2017; and about one-quarter of those billionaires lived offshore at the time of the list's publication.[1]

List of individuals

2018[1] Name Citizenship Source of wealth 2017[4][5]
Rank Net worth
A$ bn
Rank Net worth
A$ bn
1 12.90 Anthony Pratt AustraliaVisy Industries; Pratt Industries1 12.60
2 12.77 Harry Triguboff AO AustraliaMeriton Apartments2 11.40
3 12.68 Gina Rinehart AustraliaHancock Prospecting; investment3 10.40
4 9.09 Hui Wing Mau People's Republic of China
 Australia[6]
Shimao Property8 5.96
5 8.42 Sir Frank Lowy AC Australiaex-Westfield; property (shopping centres)4 8.26
6 8.32 Ivan Glasenberg Australia[7]
 South Africa
  Switzerland[8]
Glencore commodities trading5 6.85
7 6.45 John Gandel AC AustraliaProperty (shopping centres)7 6.05
8 6.10 Andrew Forrest AO AustraliaFortescue Metals Group6 6.84
9 5.88 Vivek Chaand Sehgal AustraliaMotherson Sumi Systemsn/anot listed
10 5.50 James Packer AustraliaCrown Resorts; Consolidated Media Holdings9 4.79
11 5.16 Scott Farquhar AustraliaAtlassian182.51
12 5.16 Mike Cannon-Brookes Australia17 2.51
13 4.93 Kerry Stokes AC AustraliaProperty; Seven West Media; resources142.90
14 4.02 Len Ainsworth AM AustraliaGaming; manufacturing113.07
15 3.99 Stan Perron AM AustraliaProperty10 3.90
16 3.87 Alan Wilson and family AustraliaReece Groupn/anot listed
17 3.56 Lindsay Fox AC AustraliaLinfox; property13 2.91
18 3.47 Lang Walker AustraliaWalker Corporation (property)123.00
19 3.28 Bianca Rinehart AustraliaHancock Prospecting; investment15 2.74
20 2.84 Clive Palmer AustraliaMineralogy and other mining198 0.344
21 2.61 David Hains and family AustraliaInvestment16 2.55
22 2.43 Sir Michael Hintze GCSG, AM Australia
 United Kingdom
Retail; investment24 1.98
23 2.55 Solomon Lew AustraliaPremier Investments; retail192.38
24 2.41 Jack Cowin AustraliaCompetitive Foods Australia; investment202.38
25 2.50 Marc Besen AustraliaRetail222.24
26 2.26 Maurice Alter and family AustraliaRetail1.81
27 2.17 Angela Bennett AustraliaMining1.76
28 2.12 Gerry Harvey AustraliaHarvey Norman Holdings212.34
29 2.12 Ye Lipei AustraliaProperty1.70
30 2.08 Alexandra Burt and Leonie Baldock AustraliaResources1.56
31no data available
32 1.96 Nigel Austin AustraliaCotton On Group; retail1.89
33 1.92 John Van Lieshout AustraliaRetail1.72
34 1.79 Chris Wallin AustraliaResources1.13
35 1.78 Kerr Neilson AustraliaFinancial services1.44
36 1.77 Judith Neilson AustraliaInvestment1.34
37 1.76 Tony Perich and family AustraliaAgriculture; property1.59
38 1.76 David and Vicky Teoh AustraliaTelecommunications1.91
39 1.96 Nigel Austin AustraliaCotton On Group; retail1.89
40 1.73 Manny Stul and family AustraliaMoose Toys; retail39 1.42
41 1.71 Brett Blundy AustraliaRetail; property; agriculture1.39
42 1.70 John Kahlbetzer AustraliaAgriculture0.841
43 1.66 Huang Bingwen and family AustraliaManufacturing251.93
44 1.66 Richard White AustraliaTechnology0.882
45 1.63 Chau Chak Wing AustraliaProperty; investments1.56
46 1.61 Morry Fraid, Zac Freid and family AustraliaRetail; property1.60
47no data available
48 1.56 Bob Ell AustraliaProperty1.52
49 1.56 Alan Rydge AustraliaRydges Hotels & Resorts; Event Cinemas232.09
50 1.54 Paul Little AO AustraliaToll Holdings0.927
51 1.54 Sam Tarascio AustraliaProperty1.43
52 1.46 Terry Snow AM AustraliaCapital Airport Group; property1.00
53 1.40 Raphael Geminder AustraliaManufacturing1.44
54 1.39 Alex Waislitz AustraliaInvestment1.24
55 1.35 Nick Politis AM AustraliaRetail; property0.733
56 1.33 Brian Flannery AustraliaResources0.818
57 1.28 Paul Salteri AM and family AustraliaInvestmentn/anot listed
58 1.27 Michael Heine and family AustraliaFinancial servicesn/anot listed
59 1.27 Russell Withers and family AustraliaRetail1.23
60 1.26 Con Makris and family AustraliaProperty1.17
61 1.26 Gretel Packer AustraliaMedia; Crown Resorts; investment1.02
62 1.24 Jonathan Munz and family AustraliaManufacturing50 1.10
63 1.23 Ralph Sarich AO AustraliaInvestment; property1.12
64 1.21 Maha Sinnathamby AustraliaResidential property571.02
65 1.20 Chris Thomas AustraliaAgriculture1.12
66 1.18 Bruce Mathieson AustraliaGaming; investments0.943
67 1.17 Peter Gunn AustraliaLogistics; investment; property1.00
68 1.16 Bob Ingham AO AustraliaEx-Inghams Enterprises1.19
69 1.16 Robert Millner and family AustraliaWashington H. Soul Pattinson; investmentn/anot listed
70 1.15 Greg Goodman and family AustraliaGoodman Group; property1.08
71 1.14 Paul Lederer AustraliaEx-Primo smallgoods; investment0.824
72 1.13 Jeff Chapman AustraliaFinancial services0.811
73 1.09 Tim Roberts AustraliaEx-Multiplex; investment0.896
74 1.07 Sandy Oatley and family AustraliaAgriculture; property; tourism0.913
75 1.04 Reg and Hazel Rowe AustraliaSuper Retail Group; property1.14
76 1.02 Chris Morris AustraliaComputershare; financial services0.847
77 0.999 Richard Smith AustraliaFood services0.891
78 0.961 Justin Hemmes and family AustraliaHotels; propertyn/anot listed
79 0.927 Ervin and Charlotte Vidor AustraliaProperty; hotels0.804
80no data available
81 0.876 Jamuna Gurung and Shesh Ghale AustraliaMelbourne Institute of Technology0.647
82no data available
83 0.869 Spiros Alysandratos AustraliaTravel; property0.582
84 0.867 Geoff Harris AustraliaFlight Centre; investment0.637
85 0.863 Bill James AustraliaRetail0.647
86 0.861 Graham Turner AustraliaFlight Centre; hotels0.620
87 0.859 Nechama Werdiger and family AustraliaProperty0.859
88 0.858 Gordon Fu and family AustraliaProperty0.877
89 0.850 Patrick Grove AustraliaTechnology0.801
90 0.843 Peter Scanlon and family AustraliaPatrick Corporation0.772
91 0.822 Andrew Roberts AustraliaEx-Multiplex; property0.819
92 0.817 Sam Chong AustraliaResources; hotels0.440
93 0.813 Jack Gance AustraliaChemist Warehouse; retail0.546
94 0.803 Mario Verrocchi AustraliaChemist Warehouse0.558
95 0.787 Lloyd Williams AustraliaProperty; thoroughbreds0.784
96 0.784 Shaun Bonétt AustraliaPrecision Group; property0.718
97 0.784 Larry Kestelman AustraliaDodo Services; telecommunications0.749
98 0.783 Chris Ellison AustraliaResources0.754
99 0.775 Christian Beck AustraliaTechnology0.619
100 0.756 Jina Chen and Alex Wu AustraliaHealthcare0.686
101no data available
102 0.749 Allan Myers AC, QC AustraliaInvestment; agriculture0.682
103 0.744 Rod Duke AustraliaBriscoe Group0.751
104 0.739 Dale Elphinstone AustraliaElphinstone Group; mining services0.475
105 0.737 Theo Karedis AustraliaRetail; property0.723
106 0.730 Iris Lustig-Moar and Max Moar AustraliaProperty0.694
107no data available
108 0.714 Kevin Seymour and family AustraliaProperty0.679
109 0.708 Andrew Muir and family AustraliaThe Good Guysn/anot listed
110 0.706 Travers Duncan AustraliaResources; property0.670
111 0.704 Jack Bendat AM AustraliaProperty0.701
112 0.702 Bruce Gordon AustraliaMedia107 0.629
113 0.702 Bruno Grollo and family AustraliaGrocon; property0.720
114 0.689 Mark Creasy AustraliaResources0.610
115 0.689 Mick Power AustraliaConstruction0.902
116 0.684 David Greiner and Ben Richardson AustraliaTechnology0.593
117no data available
118 0.680 Chris Mackay AustraliaFinancial services0.560
119 0.676 Andrew and Michael Buxton AustraliaProperty0.579
120no data available
121 0.673 Paul Fudge AustraliaMedia0.663
122 0.762 Bruce Neill AustraliaFinancial services0.472
123 0.667 Jonathan Hallinan AustraliaProperty0.490
124 0.660 Max Beck AustraliaProperty0.562
125 0.660 Harry Stamoulis and family AustraliaManufacturing0.646
126 0.657 Kim McKendrick and family AustraliaEx-Godfrey Hirst Carpets0.582
127 0.655 Frank Costa AO and family AustraliaAgriculture0.538
128 0.654 Kerry Harmanis AustraliaResources0.640
129 0.651 Greg Poche AustraliaEx-StarTrack0.638
130 0.646 Trevor Lee AustraliaAgriculture0.407
131 0.638 Terry Peabody AustraliaEx-Transpacific; investment0.587
132 0.631 Zig Inge and family AustraliaProperty0.611
133 0.625 Naomi Milgrom AO AustraliaSussan; Sportsgirl; Suzanne Grae1170.585
134 0.621 John Symond AM AustraliaEx-Aussie Home Loans0.673
135 0.617 Hamish Douglass AustraliaFinancial services0.531
136 0.611 Nick DiMauro AustraliaProperty0.530
137 0.594 Marcus Blackmore AustraliaBlackmores; healthcare0.529
138 0.589 Leon Kamenev AustraliaEx-Menulog; technology0.558
139 0.588 Christina and Tony Quinn AustraliaDarrell Lea; retail0.465
140no data available
141 0.586 Jamie Pherous AustraliaTravel services0.432
142 0.580 Danny Hill AustraliaProperty0.447
143 0.580 Tim Kentley-Klay AustraliaTechnology0.470
144 0.574 Tim Gurner AustraliaProperty0.473
145 0.569 Tony Tartak and family AustraliaServices0.407
146 0.566 Bill Roche and Imelda Roche AO AustraliaRetail0.504
147no data available
148 0.561 Gordon Martin AustraliaManufacturing0.484
149 0.560 Graham Tuckwell AustraliaFinancial services0.462
150 0.559 Grahame Mapp AustraliaInvestment0.423
151 0.555 Steven Kalmin AustraliaGlencore0.454
152 0.553 Paul Blackburne AustraliaProperty0.530
153 0.549 Andrew Abercrombie AustraliaFinancial services0.574
154 0.549 John Higgins AustraliaInvestment; services0.484
155 0.546 Nigel Satterley AustraliaSatterley; property0.551
156 0.536 Robert Whyte AustraliaInvestment0.446
157 0.535 George Kepper AustraliaTechnology; property0.563
158 0.534 Diana and Rino Grollo AustraliaProperty0.493
159no data available
160 0.534 Kevin Maloney AustraliaMining services0.499
161 0.534 John Singleton AustraliaMedia; investment; property0.450
162 0.529 Tony Poli AustraliaResources; property0.482
163 0.527 Hilton Nathanson AustraliaFinancial services0.451
164 0.527 Will Vicars AustraliaFinancial servicesn/anot listed
165 0.519 David Paradice AustraliaFinancial services0.479
166 0.519 Ian Roberts AustraliaHealthcare0.557
167 0.519 Tony Wales AustraliaEx-Computershare; investment0.483
168 0.513 Robert Magid AustraliaProperty0.499
169 0.511 Michael Boyd AustraliaSonic Healthcare0.488
170 0.506 Arthur Laundy AustraliaHotels0.412
171 0.506 Yenda Lee and family AustraliaBing Lee; retail0.482
172 0.503 Seumas Dawes AustraliaFinancial services0.412
173 0.499 Peter Cooper AustraliaFinancial services0.507
174 0.498 Jan Cameron CNZM AustraliaEx-Kathmandu; retailn/anot listed
175 0.491 Peter Hughes and family AustraliaAgriculture0.391
176 0.487 Gerry Ryan OAM AustraliaJayco Australia; manufacturing0.473
177 0.486 Greg Coffey AustraliaFinancial services0.482
178 0.483 Evan Acton and family AustraliaRural0.490
179 0.475 Dick Honan AustraliaManildra Group0.440
180 0.472 Trevor St Baker AustraliaEnergyn/anot listed
181 0.468 Tony Haggarty AustraliaResources0.462
182 0.459 Owen Kerr AustraliaFinancial services0.342
183 0.457 Bryan Dorman AustraliaTechnology0.520
184 0.453 John and Robert Kirby AustraliaVillage Roadshow; entertainment0.454
185no data available
186 0.450 Rod Jones AustraliaNavitas Group0.403
187 0.449 Bob Rose AustraliaProperty0.454
188 0.432 Laurie Sutton AustraliaRetail0.453
189 0.428 John Simpson AustraliaProperty0.614
190 0.415 Doug Shears AustraliaRural0.413
191 0.413 Ori Allon AustraliaTechnology0.364
192 0.411 Alf Moufarrige AustraliaServcorp; property0.467
193 0.409 Bob Sharpless AustraliaPropertyn/anot listed
194 0.407 Patricia Ilhan AustraliaCrazy John's0.404
195 0.405 Tony Denny AustraliaRetail0.355
196 0.404 John Kinghorn AustraliaInvestment0.353
197 0.401 Alan Tribe AustraliaRetail0.375
198 0.399 Barry Lambert AustraliaFinancial services0.437
199 0.395 Ruslan Kogan AustraliaKogan.com; retailn/anot listed
200 0.387 Radek Sali AustraliaEx-Swisse0.372
Legend
Icon Description
Has not changed from the previous year's list
Has increased from the previous year's list
Has decreased from the previous year's list

See also

References

  1. Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
  2. Janda, Michael (24 May 2018). "Rich List: Billionaires multiply as profits surge, wages stall". ABC News. Australia. Retrieved 2 October 2019.
  3. Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News. Australia. Retrieved 2 October 2019.
  4. Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
  5. Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  6. Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Retrieved 17 July 2014.
  7. Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Retrieved 8 October 2019.
  8. Glasenberg, Ivan (5 May 2013). "Letztlich macht es keine Differenz, ob Ihr Vermögen eine Milliarde beträgt oder sechs". SonntagsZeitung (Interview) (in German). Interviewed by Martin Spieler. Archived from the original on 6 May 2013. Retrieved 30 September 2019.
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