Forbes list of Australia's 50 richest people 2016

The Forbes list of Australia's 50 richest people is the annual survey of the fifty wealthiest people resident in Australia, published by Forbes Asia in January 2016.[1]

This article is about the Forbes list of Australia's 50 richest people published in 2016. For general information about the list, see Forbes list of Australia's 50 richest people.

The net worth of the wealthiest individual, Blair Parry-Okeden, was estimated to be US$8.80 billion.[2][3][4][5][6] It was the first and only time that Parry-Okeden appeared on the Forbes Australian list. She is a US-citizen and, despite living in Australia,[7] is not eligible for admission on the list.

List of individuals
2016[1] Name Citizenship Source of wealth 2015[8]
Rank Net worth
US$ bn		 Rank Net worth
US$ bn
1 8.80 Blair Parry-Okeden United StatesCox Enterprises heiressn/anot listed
2 8.50 Gina Rinehart AustraliaHancock Prospecting; investment1 11.70
3 6.90 Harry Triguboff AustraliaMeriton Apartments2 5.60
4 5.00 Frank Lowy AustraliaEx-Westfield; property3 5.00
5 3.60 Anthony Pratt AustraliaVisy Industries; Pratt Industries7 3.50
6 3.50 James Packer AustraliaCrown Resorts; Consolidated Media Holdings4 4.70
7 3.20 John Gandel AustraliaProperty (shopping centres)6 3.60
8 2.80 Lindsay Fox AustraliaLinfox9 2.90
9 1.95 David Teoh AustraliaTelecommunications17 1.60
10 1.90 David Hains AustraliaInvestment11 2.10
11 1.85 Kerr Neilson AustraliaFinancial services8 3.00
12 1.83 Fiona Geminder AustraliaManufacturing; investment12 2.10
13 1.80 Sir Michael Hintze Australia
 United Kingdom		Retail; investment15 1.90
14 1.78 Mike Cannon-Brookes AustraliaAtlassian25 1.10
15 1.75 Scott Farquhar Australia25 1.10
16 1.60 Alan Wilson and family AustraliaReece Group; retail14 2.00
17 1.54 Stan Perron AustraliaProperty16 1.60
18 1.50 Jack Cowin AustraliaCompetitive Foods Australia; investment29 1.00
19 1.35 Gerry Harvey AustraliaHarvey Norman; retail18 1.30
20 1.30 Heloise Waislitz AustraliaManufacturing; investment13 2.00
21 1.27 Alan Rydge AustraliaRydges Hotels & Resorts22 1.20
22 1.24 Andrew Forrest AustraliaFortescue Metals Group10 2.10
23 1.20 Bob Ell AustraliaProperty development19 1.20
24 1.10 Maurice Alter AustraliaProperty (shopping centres)19 1.20
25 1.10 Russ Withers and Beverley Barlow Australia7-Eleven Australian/anot listed
26 1.02 Lang Walker AustraliaWalker Corporation (property)21 1.20
27 1.00 Kerry Stokes AustraliaProperty; Seven West Media; resources23 1.20
28 0.97 John van Lieshout AustraliaReal estate27 1.00
29 0.93 Angela Bennett AustraliaResources31 0.97
30 0.92 Solomon Lew AustraliaPremier Investments; retail30 0.98
31 0.83 Paul Little AustraliaLogistics; real estate37 0.82
32 0.77 Tony and Ron Perich AustraliaInvestment39 0.75
33 0.76 Len Ainsworth AustraliaGaming; manufacturing24 1.20
34 0.745 Bob Ingham AustraliaPoultry; property development35 0.90
35 0.74 John Kahlbetzer AustraliaAgriculture36 0.83
36 0.735 Sam Tarascio AustraliaReal estate42 0.71
37 0.72 Judith Neilson AustraliaInvestmentn/anot listed
38 0.70 Con Makris AustraliaReal estate46 0.64
39 0.675 Reg Rowe Australian/anot listed
40 0.66 Ralph Sarich AustraliaReal estate44 0.66
41 0.65 Maha Sinnathamby AustraliaReal estate40 0.74
42 0.645 Brett Blundy AustraliaRetail; agribusiness38 0.77
43 0.64 Bruce Mathieson AustraliaHotels48 0.61
44 0.615 Richard Smith AustraliaFood distribution45 0.65
45 0.575 Graham Turner AustraliaFlight Centre; travel services49 0.57
46 0.57 Bruce Gordon AustraliaWIN Corporation; investment41 0.72
47 0.565 Nigel Austin AustraliaCotton On Group; retailn/anot listed
48 0.55 Christopher Morris AustraliaSoftware; hospitality47 0.63
49 0.51 Gretel Packer AustraliaCrown Resorts; investmentn/anot listed
50 0.50 Marcus Blackmore AustraliaBlackmores; health supplementsn/anot listed
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

See also

References
  1. "Gina Rinehart Loses Her No. 1 Spot". Forbes Asia. 27 January 2016. Retrieved 22 October 2019.
  2. "Gina Rinehart gives way to Blair Parry-Okeden as Australia's wealthiest person". Guardian Australia. 28 January 2016.
  3. Jensen, Erik (13 March 2009). "A quiet American is Australia's richest person". The Sydney Morning Herald. Retrieved 10 November 2014.
  4. Murphy, Damien (29 January 2016). "The reclusive heiress who is the richest Australian". The Sydney Morning Herald. Retrieved 10 June 2016.
  5. "Australia's secret billionaire adds $US500 million to her fortune in 12 months". SmartCompany. Archived from the original on 4 February 2016. Retrieved 28 January 2016.
  6. "Gina Rinehart toppled as Australia's richest". New Zealand Herald. 28 January 2016. Retrieved 28 January 2016.
  7. "Billionaires 2019: #153 Blair Parry-Okeden". Forbes. 2019. Retrieved 29 September 2019.
  8. "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
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