Forbes list of Australia's 50 richest people

The Forbes list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by Forbes Asia magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online.

This article is about the Forbes Asia list of Australia's 50 Richest people. For the list published by The Australian Financial Review and formerly known as the BRW Rich 200, see Financial Review Rich List.

Forbes list of
Australia's 50 richest people
List of 50 Australians, ranked in order of net worth
Publication details
PublisherForbes
PublicationForbes Asia magazine and online
Latest publicationJanuary 15, 2019
Current list details (2019)[1]
Wealthiest AustralianGina Rinehart
Net worth (1st) US$14.8 billion
Entry point (50th) US$750 million
Forbes list of Australia's 50 richest people website

In 2019, the entry mark for the 50th richest individual was US$750 million. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of US$14.8 billion; a US$2.6 billion decrease in her personal net worth of US$17.4 billion, as estimated by Forbes in 2018. 2019 marked the eighth time that Rinehart had headed the list.[1]

Prior to 2013, the list included the forty richest people in Australia; expanded to Australia's fifty wealthiest individuals and families in 2013.

Lists by year

Members of Australia's 50 richest people

The table below is the list compiled by Forbes Asia, comparing movement from the previous year:

Forbes Asia
Australia's 50[note a] richest
Name 2011[2][3] 2012[4] 2013[5] 2014[6] 2015[7]
Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)
Gina Rinehart1 9.00 1 18.00 1 17.00 1 17.70 1 11.70
Harry Triguboff5 3.40 6 4.00 6 4.60 7 4.30 2 5.60
Anthony Pratt7 2.70 7 3.40 7 4.50 2 7.00 7 3.50
Frank Lowy4 4.30 5 4.40 4 5.30 6 4.60 3 5.00
Mike Cannon-Brookesn/anot listedn/a not listedn/a not listedn/a not listed25 1.10
Scott Farquharn/anot listedn/a not listedn/a not listedn/a not listed
Andrew Forrest2 6.90 3 5.30 5 4.80 5 5.00 10 2.10
John Gandel6 3.30 8 3.20 8 3.50 8 3.20 6 3.60
James Packer3 4.40 4 4.50 3 6.00 3 6.60 4 4.70
Lindsay Fox11 1.70 14 1.60 14 1.95 11 2.20 9 2.90
Kerry Stokes10 1.90 12 1.80 13 2.00 16 1.60 23 1.20
Michael Hintze15 1.40 16 1.40 16 1.55 15 1.70 15 1.90
Wilson Family13 1.50 17 1.35 15 1.60 13 1.90 14 2.00
Lang Walker22 0.95 21 0.95 18 1.20 21 1.16 21 1.20
Fiona Gemindern/anot listedn/a not listedn/a not listedn/a not listed12 2.10
Maurice Alter32 0.70 30 0.78 32 0.89 30 0.96 19 1.20
David Hains9 2.00 11 2.00 11 2.30 12 2.10 11 2.10
Clive Palmern/anot listed29 0.80 31 0.90 50 0.55 n/a not listed
Heloise Waislitzn/anot listedn/a not listedn/a not listedn/a not listed13 2.00
Tony & Ron Perichn/anot listedn/a not listedn/a not listedn/a not listed39 0.75
Jack Cowinn/anot listedn/a not listedn/a not listedn/a not listed29 1.00
Angela Bennett12 1.55 9 2.30 30 0.90 25 1.01 31 0.97
David Teohn/anot listedn/a not listed29 0.91 17 1.50 17 1.60
Solomon Lew18 1.15 20 1.10 19 1.16 26 1.00 30 0.98
Brett Blundyn/anot listed39 0.66 33 0.84 39 0.71 38 0.77
Bob Elln/anot listedn/anot listed26 0.96 22 1.10 19 1.20
John Van Lieshout24 0.87 24 0.87 21 1.04 28 0.97 27 1.00
Gerry Harvey17 1.20 23 0.90 28 0.93 20 1.18 18 1.30
Kerr Neilson8 2.40 10 2.10 9 2.50 10 2.90 8 3.00
Sam Tarascion/anot listedn/a not listedn/a not listedn/a not listed42 0.71
Terry Snown/anot listedn/a not listed39 0.76 46 0.62 n/a not listed
Judith Neilsonn/anot listedn/anot listedn/anot listedn/anot listedn/anot listed
Alan Rydgen/anot listedn/anot listed25 0.98 23 1.03 22 1.20
Maha Sinnathambyn/anot listedn/a not listedn/a not listed42 0.69 40 0.74
Paul Little34 0.67 35 0.71 37 0.78 37 0.72 37 0.82
Len Ainsworthn/anot listedn/anot listed22 1.03 18 1.30 24 1.20
Bruce Mathieson28 0.73 37 0.69 42 0.73 35 0.75 48 0.61
Con Makrisn/anot listedn/anot listed47 0.66 45 0.63 46 0.64
Russ Withers and family of the late Beverley Barlown/anot listedn/anot listedn/anot listedn/anot listedn/anot listed
Ralph Sarichn/anot listedn/anot listed44 0.71 44 0.66 44 0.66
Richard Smith30 0.71 31 0.74 35 0.79 32 0.84 45 0.65
John Kahlbetzern/anot listedn/anot listed34 0.83 34 0.76 36 0.83
Christopher Morris33 0.69 n/anot listed48 0.65 47 0.59 47 0.63
^[note a] Up until 2013, the list included Australia's 40 Richest people; expanded to Australia's 50 Richest people in 2013.
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

Former members of Australia's 50 richest people

The table below is an extract from the list compiled by Forbes Asia showing individuals who were once on the list yet are not on the current list. Where appropriate, the list compares movement from previous years:

Forbes Asia
Australia's 50 Richest former members
Name 2011[2][3] 2012[4] 2013[5] 2014[6] 2015[7] 2016[8] 2017[9]
Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)		 Rank Net worth
(US$ billion)
Blair Parry-Okeden[note e]n/anot listedn/a not listedn/a not listedn/a not listedn/a not listed1 8.88 n/a not listed
Ivan Glasenbergn/anot listed2 7.20 2 6.70 4 6.30 5 4.40 n/a not listedn/anot listed
Paul Salteri21 0.98 22 0.94 23 1.00 27 0.99 28 1.00 n/a not listedn/anot listed
Raymond Barron/anot listedn/a not listed24 0.99 24 1.02 32 0.96 n/a not listedn/anot listed
Morry Fraidn/anot listedn/a not listed36 0.79 31 0.90 33 0.95 n/a not listedn/anot listed
Bob Oatley[note d]25 0.85 25 0.86 27 0.95 33 0.83 34 0.91 n/a not listedn/anot listed
Greg Poche31 0.70 33 0.73 41 0.74 38 0.71 43 0.68 n/a not listedn/anot listed
Geoff Harrisn/anot listedn/a not listedn/a not listed41 0.70 50 0.55 n/a not listedn/anot listed
Paul Ramsay[note b]14 1.45 13 1.70 10 2.40 9 3.00 n/a not listedn/a not listedn/anot listed
Len Buckeridge19 1.10 19 1.25 17 1.40 19 1.20 n/a not listedn/a not listedn/anot listed
Mukul Garg29 0.74 38 0.69 42 0.74 35 0.76 n/a not listedn/a not listedn/anot listed
Ian Norman[note c]37 0.64 n/a not listedn/a not listed48 0.58 n/a not listedn/a not listedn/anot listed
Lloyd Williams35 0.66 38 0.67 46 0.70 49 0.57 n/a not listedn/a not listedn/anot listed
Bruno Grollo29 0.72 34 0.71 40 0.74 n/a not listedn/a not listedn/a not listedn/anot listed
John Grill27 0.77 28 0.80 45 0.71 n/a not listedn/a not listedn/a not listedn/anot listed
Travers Duncann/anot listedn/a not listed49 0.63 n/a not listedn/a not listedn/anot listedn/anot listed
Stan Perron20 1.05 15 1.50 12 2.10 14 1.80 16 1.60 17 1.54 15
Bob Ingham36 0.64 32 0.74 20 1.15 29 0.97 35 0.90 34 0.745
Reg Rowen/anot listedn/a not listed43 0.73 43 0.67 n/a not listed 39 0.675
Graham Turnern/anot listedn/a not listedn/a not listed36 0.72 49 0.57 45 0.575
Bruce Gordon26 0.79 40 0.65 50 0.62 40 0.70 41 0.72 46 0.57
Marcus Blackmoren/anot listedn/a not listedn/a not listedn/a not listedn/a not listed50 0.50
Tim Robertsn/anot listedn/a not listedn/a not listedn/a not listedn/a not listedn/a not listed49
Chris Thomasn/anot listedn/a not listedn/a not listedn/a not listedn/a not listedn/a not listed50
^[note b] Paul Ramsay died in May 2014, five months after the 2014 list was published.
^[note c] Ian Norman died in May 2014, five months after the 2014 list was published.
^[note d] Bob Oatley died in January 2016, seven months after the 2015 list was published.
^[note e] Blair Parry-Okeden appeared on the list of Australians by net worth in 2016 only. She is a US-citizen and, despite living in Australia,[10] is not eligible for admission on the list.

See also

References
  1. "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
  2. "2010 Australia's 40 Richest". Forbes Asia. 3 March 2010. Retrieved 3 June 2012.
  3. "2011 Australia's 40 Richest". Forbes Asia. 2 February 2011. Retrieved 8 February 2011.
  4. "2012 Australia's 40 Richest". Forbes Asia. 1 February 2012. Retrieved 3 June 2012.
  5. "2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Retrieved 23 May 2013.
  6. "2014 Australia's 50 Richest". Forbes Asia. January 2014. Retrieved 30 June 2014.
  7. "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
  8. "2016 Australia's 50 Richest". Forbes Asia. January 2016. Retrieved 9 June 2016.
  9. "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
  10. "Billionaires 2019: #153 Blair Parry-Okeden". Forbes. 2019. Retrieved 29 September 2019.
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