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 | Australia | Visy Industries; Pratt Industries | 1 | 12.60 |
2 | 12.77 | Harry Triguboff AO | Australia | Meriton Apartments | 2 | 11.40 |
3 | 12.68 | Gina Rinehart | Australia | Hancock Prospecting; investment | 3 | 10.40 |
4 | 9.09 | Hui Wing Mau | People's Republic of China Australia[6] | Shimao Property | 8 | 5.96 |
5 | 8.42 | Sir Frank Lowy AC | Australia | ex-Westfield; property (shopping centres) | 4 | 8.26 |
6 | 8.32 | Ivan Glasenberg | Australia[7] South Africa Switzerland[8] | Glencore commodities trading | 5 | 6.85 |
7 | 6.45 | John Gandel AC | Australia | Property (shopping centres) | 7 | 6.05 |
8 | 6.10 | Andrew Forrest AO | Australia | Fortescue Metals Group | 6 | 6.84 |
9 | 5.88 | Vivek Chaand Sehgal | Australia | Motherson Sumi Systems | n/a | not listed |
10 | 5.50 | James Packer | Australia | Crown Resorts; Consolidated Media Holdings | 9 | 4.79 |
11 | 5.16 | Scott Farquhar | Australia | Atlassian | 18 | 2.51 |
12 | 5.16 | Mike Cannon-Brookes | Australia | 17 | 2.51 | |
13 | 4.93 | Kerry Stokes AC | Australia | Property; Seven West Media; resources | 14 | 2.90 |
14 | 4.02 | Len Ainsworth AM | Australia | Gaming; manufacturing | 11 | 3.07 |
15 | 3.99 | Stan Perron AM | Australia | Property | 10 | 3.90 |
16 | 3.87 | Alan Wilson and family | Australia | Reece Group | n/a | not listed |
17 | 3.56 | Lindsay Fox AC | Australia | Linfox; property | 13 | 2.91 |
18 | 3.47 | Lang Walker | Australia | Walker Corporation (property) | 12 | 3.00 |
19 | 3.28 | Bianca Rinehart | Australia | Hancock Prospecting; investment | 15 | 2.74 |
20 | 2.84 | Clive Palmer | Australia | Mineralogy and other mining | 198 | 0.344 |
21 | 2.61 | David Hains and family | Australia | Investment | 16 | 2.55 |
22 | 2.43 | Sir Michael Hintze GCSG, AM | Australia United Kingdom | Retail; investment | 24 | 1.98 |
23 | 2.55 | Solomon Lew | Australia | Premier Investments; retail | 19 | 2.38 |
24 | 2.41 | Jack Cowin | Australia | Competitive Foods Australia; investment | 20 | 2.38 |
25 | 2.50 | Marc Besen | Australia | Retail | 22 | 2.24 |
26 | 2.26 | Maurice Alter and family | Australia | Retail | 1.81 | |
27 | 2.17 | Angela Bennett | Australia | Mining | 1.76 | |
28 | 2.12 | Gerry Harvey | Australia | Harvey Norman Holdings | 21 | 2.34 |
29 | 2.12 | Ye Lipei | Australia | Property | 1.70 | |
30 | 2.08 | Alexandra Burt and Leonie Baldock | Australia | Resources | 1.56 | |
31 | no data available | |||||
32 | 1.96 | Nigel Austin | Australia | Cotton On Group; retail | 1.89 | |
33 | 1.92 | John Van Lieshout | Australia | Retail | 1.72 | |
34 | 1.79 | Chris Wallin | Australia | Resources | 1.13 | |
35 | 1.78 | Kerr Neilson | Australia | Financial services | 1.44 | |
36 | 1.77 | Judith Neilson | Australia | Investment | 1.34 | |
37 | 1.76 | Tony Perich and family | Australia | Agriculture; property | 1.59 | |
38 | 1.76 | David and Vicky Teoh | Australia | Telecommunications | 1.91 | |
39 | 1.96 | Nigel Austin | Australia | Cotton On Group; retail | 1.89 | |
40 | 1.73 | Manny Stul and family | Australia | Moose Toys; retail | 39 | 1.42 |
41 | 1.71 | Brett Blundy | Australia | Retail; property; agriculture | 1.39 | |
42 | 1.70 | John Kahlbetzer | Australia | Agriculture | 0.841 | |
43 | 1.66 | Huang Bingwen and family | Australia | Manufacturing | 25 | 1.93 |
44 | 1.66 | Richard White | Australia | Technology | 0.882 | |
45 | 1.63 | Chau Chak Wing | Australia | Property; investments | 1.56 | |
46 | 1.61 | Morry Fraid, Zac Freid and family | Australia | Retail; property | 1.60 | |
47 | no data available | |||||
48 | 1.56 | Bob Ell | Australia | Property | 1.52 | |
49 | 1.56 | Alan Rydge | Australia | Rydges Hotels & Resorts; Event Cinemas | 23 | 2.09 |
50 | 1.54 | Paul Little AO | Australia | Toll Holdings | 0.927 | |
51 | 1.54 | Sam Tarascio | Australia | Property | 1.43 | |
52 | 1.46 | Terry Snow AM | Australia | Capital Airport Group; property | 1.00 | |
53 | 1.40 | Raphael Geminder | Australia | Manufacturing | 1.44 | |
54 | 1.39 | Alex Waislitz | Australia | Investment | 1.24 | |
55 | 1.35 | Nick Politis AM | Australia | Retail; property | 0.733 | |
56 | 1.33 | Brian Flannery | Australia | Resources | 0.818 | |
57 | 1.28 | Paul Salteri AM and family | Australia | Investment | n/a | not listed |
58 | 1.27 | Michael Heine and family | Australia | Financial services | n/a | not listed |
59 | 1.27 | Russell Withers and family | Australia | Retail | 1.23 | |
60 | 1.26 | Con Makris and family | Australia | Property | 1.17 | |
61 | 1.26 | Gretel Packer | Australia | Media; Crown Resorts; investment | 1.02 | |
62 | 1.24 | Jonathan Munz and family | Australia | Manufacturing | 50 | 1.10 |
63 | 1.23 | Ralph Sarich AO | Australia | Investment; property | 1.12 | |
64 | 1.21 | Maha Sinnathamby | Australia | Residential property | 57 | 1.02 |
65 | 1.20 | Chris Thomas | Australia | Agriculture | 1.12 | |
66 | 1.18 | Bruce Mathieson | Australia | Gaming; investments | 0.943 | |
67 | 1.17 | Peter Gunn | Australia | Logistics; investment; property | 1.00 | |
68 | 1.16 | Bob Ingham AO | Australia | Ex-Inghams Enterprises | 1.19 | |
69 | 1.16 | Robert Millner and family | Australia | Washington H. Soul Pattinson; investment | n/a | not listed |
70 | 1.15 | Greg Goodman and family | Australia | Goodman Group; property | 1.08 | |
71 | 1.14 | Paul Lederer | Australia | Ex-Primo smallgoods; investment | 0.824 | |
72 | 1.13 | Jeff Chapman | Australia | Financial services | 0.811 | |
73 | 1.09 | Tim Roberts | Australia | Ex-Multiplex; investment | 0.896 | |
74 | 1.07 | Sandy Oatley and family | Australia | Agriculture; property; tourism | 0.913 | |
75 | 1.04 | Reg and Hazel Rowe | Australia | Super Retail Group; property | 1.14 | |
76 | 1.02 | Chris Morris | Australia | Computershare; financial services | 0.847 | |
77 | 0.999 | Richard Smith | Australia | Food services | 0.891 | |
78 | 0.961 | Justin Hemmes and family | Australia | Hotels; property | n/a | not listed |
79 | 0.927 | Ervin and Charlotte Vidor | Australia | Property; hotels | 0.804 | |
80 | no data available | |||||
81 | 0.876 | Jamuna Gurung and Shesh Ghale | Australia | Melbourne Institute of Technology | 0.647 | |
82 | no data available | |||||
83 | 0.869 | Spiros Alysandratos | Australia | Travel; property | 0.582 | |
84 | 0.867 | Geoff Harris | Australia | Flight Centre; investment | 0.637 | |
85 | 0.863 | Bill James | Australia | Retail | 0.647 | |
86 | 0.861 | Graham Turner | Australia | Flight Centre; hotels | 0.620 | |
87 | 0.859 | Nechama Werdiger and family | Australia | Property | 0.859 | |
88 | 0.858 | Gordon Fu and family | Australia | Property | 0.877 | |
89 | 0.850 | Patrick Grove | Australia | Technology | 0.801 | |
90 | 0.843 | Peter Scanlon and family | Australia | Patrick Corporation | 0.772 | |
91 | 0.822 | Andrew Roberts | Australia | Ex-Multiplex; property | 0.819 | |
92 | 0.817 | Sam Chong | Australia | Resources; hotels | 0.440 | |
93 | 0.813 | Jack Gance | Australia | Chemist Warehouse; retail | 0.546 | |
94 | 0.803 | Mario Verrocchi | Australia | Chemist Warehouse | 0.558 | |
95 | 0.787 | Lloyd Williams | Australia | Property; thoroughbreds | 0.784 | |
96 | 0.784 | Shaun Bonétt | Australia | Precision Group; property | 0.718 | |
97 | 0.784 | Larry Kestelman | Australia | Dodo Services; telecommunications | 0.749 | |
98 | 0.783 | Chris Ellison | Australia | Resources | 0.754 | |
99 | 0.775 | Christian Beck | Australia | Technology | 0.619 | |
100 | 0.756 | Jina Chen and Alex Wu | Australia | Healthcare | 0.686 | |
101 | no data available | |||||
102 | 0.749 | Allan Myers AC, QC | Australia | Investment; agriculture | 0.682 | |
103 | 0.744 | Rod Duke | Australia | Briscoe Group | 0.751 | |
104 | 0.739 | Dale Elphinstone | Australia | Elphinstone Group; mining services | 0.475 | |
105 | 0.737 | Theo Karedis | Australia | Retail; property | 0.723 | |
106 | 0.730 | Iris Lustig-Moar and Max Moar | Australia | Property | 0.694 | |
107 | no data available | |||||
108 | 0.714 | Kevin Seymour and family | Australia | Property | 0.679 | |
109 | 0.708 | Andrew Muir and family | Australia | The Good Guys | n/a | not listed |
110 | 0.706 | Travers Duncan | Australia | Resources; property | 0.670 | |
111 | 0.704 | Jack Bendat AM | Australia | Property | 0.701 | |
112 | 0.702 | Bruce Gordon | Australia | Media | 107 | 0.629 |
113 | 0.702 | Bruno Grollo and family | Australia | Grocon; property | 0.720 | |
114 | 0.689 | Mark Creasy | Australia | Resources | 0.610 | |
115 | 0.689 | Mick Power | Australia | Construction | 0.902 | |
116 | 0.684 | David Greiner and Ben Richardson | Australia | Technology | 0.593 | |
117 | no data available | |||||
118 | 0.680 | Chris Mackay | Australia | Financial services | 0.560 | |
119 | 0.676 | Andrew and Michael Buxton | Australia | Property | 0.579 | |
120 | no data available | |||||
121 | 0.673 | Paul Fudge | Australia | Media | 0.663 | |
122 | 0.762 | Bruce Neill | Australia | Financial services | 0.472 | |
123 | 0.667 | Jonathan Hallinan | Australia | Property | 0.490 | |
124 | 0.660 | Max Beck | Australia | Property | 0.562 | |
125 | 0.660 | Harry Stamoulis and family | Australia | Manufacturing | 0.646 | |
126 | 0.657 | Kim McKendrick and family | Australia | Ex-Godfrey Hirst Carpets | 0.582 | |
127 | 0.655 | Frank Costa AO and family | Australia | Agriculture | 0.538 | |
128 | 0.654 | Kerry Harmanis | Australia | Resources | 0.640 | |
129 | 0.651 | Greg Poche | Australia | Ex-StarTrack | 0.638 | |
130 | 0.646 | Trevor Lee | Australia | Agriculture | 0.407 | |
131 | 0.638 | Terry Peabody | Australia | Ex-Transpacific; investment | 0.587 | |
132 | 0.631 | Zig Inge and family | Australia | Property | 0.611 | |
133 | 0.625 | Naomi Milgrom AO | Australia | Sussan; Sportsgirl; Suzanne Grae | 117 | 0.585 |
134 | 0.621 | John Symond AM | Australia | Ex-Aussie Home Loans | 0.673 | |
135 | 0.617 | Hamish Douglass | Australia | Financial services | 0.531 | |
136 | 0.611 | Nick DiMauro | Australia | Property | 0.530 | |
137 | 0.594 | Marcus Blackmore | Australia | Blackmores; healthcare | 0.529 | |
138 | 0.589 | Leon Kamenev | Australia | Ex-Menulog; technology | 0.558 | |
139 | 0.588 | Christina and Tony Quinn | Australia | Darrell Lea; retail | 0.465 | |
140 | no data available | |||||
141 | 0.586 | Jamie Pherous | Australia | Travel services | 0.432 | |
142 | 0.580 | Danny Hill | Australia | Property | 0.447 | |
143 | 0.580 | Tim Kentley-Klay | Australia | Technology | 0.470 | |
144 | 0.574 | Tim Gurner | Australia | Property | 0.473 | |
145 | 0.569 | Tony Tartak and family | Australia | Services | 0.407 | |
146 | 0.566 | Bill Roche and Imelda Roche AO | Australia | Retail | 0.504 | |
147 | no data available | |||||
148 | 0.561 | Gordon Martin | Australia | Manufacturing | 0.484 | |
149 | 0.560 | Graham Tuckwell | Australia | Financial services | 0.462 | |
150 | 0.559 | Grahame Mapp | Australia | Investment | 0.423 | |
151 | 0.555 | Steven Kalmin | Australia | Glencore | 0.454 | |
152 | 0.553 | Paul Blackburne | Australia | Property | 0.530 | |
153 | 0.549 | Andrew Abercrombie | Australia | Financial services | 0.574 | |
154 | 0.549 | John Higgins | Australia | Investment; services | 0.484 | |
155 | 0.546 | Nigel Satterley | Australia | Satterley; property | 0.551 | |
156 | 0.536 | Robert Whyte | Australia | Investment | 0.446 | |
157 | 0.535 | George Kepper | Australia | Technology; property | 0.563 | |
158 | 0.534 | Diana and Rino Grollo | Australia | Property | 0.493 | |
159 | no data available | |||||
160 | 0.534 | Kevin Maloney | Australia | Mining services | 0.499 | |
161 | 0.534 | John Singleton | Australia | Media; investment; property | 0.450 | |
162 | 0.529 | Tony Poli | Australia | Resources; property | 0.482 | |
163 | 0.527 | Hilton Nathanson | Australia | Financial services | 0.451 | |
164 | 0.527 | Will Vicars | Australia | Financial services | n/a | not listed |
165 | 0.519 | David Paradice | Australia | Financial services | 0.479 | |
166 | 0.519 | Ian Roberts | Australia | Healthcare | 0.557 | |
167 | 0.519 | Tony Wales | Australia | Ex-Computershare; investment | 0.483 | |
168 | 0.513 | Robert Magid | Australia | Property | 0.499 | |
169 | 0.511 | Michael Boyd | Australia | Sonic Healthcare | 0.488 | |
170 | 0.506 | Arthur Laundy | Australia | Hotels | 0.412 | |
171 | 0.506 | Yenda Lee and family | Australia | Bing Lee; retail | 0.482 | |
172 | 0.503 | Seumas Dawes | Australia | Financial services | 0.412 | |
173 | 0.499 | Peter Cooper | Australia | Financial services | 0.507 | |
174 | 0.498 | Jan Cameron CNZM | Australia | Ex-Kathmandu; retail | n/a | not listed |
175 | 0.491 | Peter Hughes and family | Australia | Agriculture | 0.391 | |
176 | 0.487 | Gerry Ryan OAM | Australia | Jayco Australia; manufacturing | 0.473 | |
177 | 0.486 | Greg Coffey | Australia | Financial services | 0.482 | |
178 | 0.483 | Evan Acton and family | Australia | Rural | 0.490 | |
179 | 0.475 | Dick Honan | Australia | Manildra Group | 0.440 | |
180 | 0.472 | Trevor St Baker | Australia | Energy | n/a | not listed |
181 | 0.468 | Tony Haggarty | Australia | Resources | 0.462 | |
182 | 0.459 | Owen Kerr | Australia | Financial services | 0.342 | |
183 | 0.457 | Bryan Dorman | Australia | Technology | 0.520 | |
184 | 0.453 | John and Robert Kirby | Australia | Village Roadshow; entertainment | 0.454 | |
185 | no data available | |||||
186 | 0.450 | Rod Jones | Australia | Navitas Group | 0.403 | |
187 | 0.449 | Bob Rose | Australia | Property | 0.454 | |
188 | 0.432 | Laurie Sutton | Australia | Retail | 0.453 | |
189 | 0.428 | John Simpson | Australia | Property | 0.614 | |
190 | 0.415 | Doug Shears | Australia | Rural | 0.413 | |
191 | 0.413 | Ori Allon | Australia | Technology | 0.364 | |
192 | 0.411 | Alf Moufarrige | Australia | Servcorp; property | 0.467 | |
193 | 0.409 | Bob Sharpless | Australia | Property | n/a | not listed |
194 | 0.407 | Patricia Ilhan | Australia | Crazy John's | 0.404 | |
195 | 0.405 | Tony Denny | Australia | Retail | 0.355 | |
196 | 0.404 | John Kinghorn | Australia | Investment | 0.353 | |
197 | 0.401 | Alan Tribe | Australia | Retail | 0.375 | |
198 | 0.399 | Barry Lambert | Australia | Financial services | 0.437 | |
199 | 0.395 | Ruslan Kogan | Australia | Kogan.com; retail | n/a | not listed |
200 | 0.387 | Radek Sali | Australia | Ex-Swisse | 0.372 |
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
References
- Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
- Janda, Michael (24 May 2018). "Rich List: Billionaires multiply as profits surge, wages stall". ABC News. Australia. Retrieved 2 October 2019.
- Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News. Australia. Retrieved 2 October 2019.
- Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
- Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
- Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Retrieved 17 July 2014.
- Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Retrieved 8 October 2019.
- 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.