Cliff Obrecht and Melanie Perkins founded Canva in 2012 and its now worth $6b, with Obrecht and Perkins owning $2.5b apiece. Bron is also the founder of parenting website Mumlyfe, which shares stories and advice for mums of older kids. Fair Dealing Copyright Council Of New Zealand, Local Knowledge Global Reach #1 Worldwide Going Above & Beyond, Linda Galbraith AREINZ CALL: 021 966 028 Barfoot & Thompson. Winners included Nick Molnar, co-founder of Afterpay, whose wealth last year of $864m was pocket change to his $3.2b this year (and brings him into the Top 25) and the Canva crew. Its not all work for the big players on The List: The Richest 250. Picture: Supplied. @media (max-width:767px){.iwiQAo.iwiQAo.iwiQAo.iwiQAo{margin-right:-1rem;}}/*!sc*/ Cameron Adams $5.43 billion 16. Despite the troubles, four of Rinehearts kids are there (John #32, Bianca #33 and Ginia #34), as are the Packer (James #18 and Gretel #60) and a smattering of Murdoch (Lachlan #21 and Prudence #48) offspring. It has also helped create a record number of new names on, . Final wealth figures were calculated in late February 2022 and revealed the average wealth among the 250 was $2.08billion, with 131 billionaires on the list. Clive Palmer $18.35 billion 8. There are ways to get ahead, however. Andrew Forrests R.M. Anthony Pratt & family $27.77 billion 4. NewsDNA. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. According to The Australian's Rich List for 2022, mining magnate Gina Rinehart is the richest person in Australia. If it sounds too good and big to be true, unstoppable property developer Lang Walker knows its the project for him as he loves nothing more than proving the doubters wrong. The average age of members is 65, with 98-year-olds, (Aristocrat Leisure and Ainsworth Game Technology founder) and, (TarraWarra) the eldest named and 32-year-old. CLICK HERE FOR THE FULL INTRODUCTION AND METHODOLOGY.. The Australian unveils its second annual list of Green Power Players in 2023, Ticky Fullerton leaves The Australian for CEO role at Australian British Chamber of Commerce, Christopher Dore steps down as editor in chief of The Australian, Bianca Chatfield a key member of Fox Netball team for season 2022. The technology revolution is heralding a shift from old industries such as mining and manufacturing to newer online sectors, bringing significant change to the ranks of the countrys wealthiest individuals, Editor of The List, John Stensholt, said. Feedback The results have been startling. Mike Cannon-Brookes $26.20 billion 5. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Australia's richest person is officially Gina Rinehart, as the boom in commodity prices boosts her mining operation Hancock Prospecting. Thats just an excuse and there is always an excuse. You know youve been staring at The List for far too long when those lower on the list start to look poor. For Nick Andrianakos, a journey of discovery to the lucky country has led to an estimated $894m petroleum fortune built over a lifetime. Designed using Magazine Hoot. Mike Cannon-Brookes (Technology) - $27.83 billion 2021 Rank: 3 We aggregate real estate news and property news so you have one place to visit for all your property news. The 2022 The List: Australia's Richest 250 has reached a record combined value of $520.2 billion, compared to $470.07 billion in 2021. Property News Real Estate News. The NFTs are tokens attached to digital artworks created by illustrator Rebel Challenger, who has a long career in media as a graphic designer and art director. Public shareholdings are calculated on share prices up to mid-February 2022, and property values and purchase prices have been derived from several public sources. From 10 to one, here are the richest Australians of 2022. A political brawl has broken out over a change to how superannuation is taxed, but what on earth does it all really mean for you? For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. Tania Austin, who helped former husband Nigel Austin grow fashion retailer Cotton On, debuts with an estimated wealth of $721 million after success with womens fashion chain Decjuba. Included in, are 131 billionaires, 29 newcomers, and 30 women. The secretive Perth trio behind Wright Prospecting got a huge payday as the price of iron ore surged during 2020. Nick Politis - $2.12b Proud Kytherian, Nick Politis AM, is a prominent businessman and Chairman of Sydney-based NRL team, Sydney Roosters. Hes building a real-life tower of power - and just like the sweaty YouTube dancer who inspires him, tech billionaire Scott Farquhar just needs enthusiastic followers to join his movement. John Gandel who came in second on the list of property powerbrokers pictured with partner Pauline at the Triceratops Fate of the Dinosaurs on March 10, 2022. It might be worth doing a search of the list to see if any familiar names crop up? Some of the countrys biggest property developers give a snapshot of the market now and what should be hot or not as the nation recovers from COVID-19. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. Markets plunged in March last year, but it has been smooth sailing ever since for some of the biggest names in Australian business. Joining Rinehart in the top 5 are Fortescue Metals chairman Andrew Forrest at number two, Visy executive chairman and owner of Pratt Industries, Anthony Pratt at number three, and Atlassian founders Mike Cannon-Brookes and Scott Farquhar who came in at fourth and fifth on The List. It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business pay staff well, hire more women and stay out of the way. Entrepreneur Anthony Pratt says super funds should help to build the export capability of the nations manufacturing sector. Back in October 202o,IBISWorldestimated revenue at Rineharts Hancock Prospecting to havesurged more than 23 per centto almost $11 billion, making it the nations biggest private company. People see really successful people as the successful people that theyd love to be, but to be incredibly successful at any one thing, youre actually living a very insulated life. The chemist retail giants sold plenty of medicines, vitamins and hand sanitiser at the height of the pandemic. It is also found online at afr.com. Dr Andrew "Twiggy" Forrest (Resources) - $30.72 billion 2021 Rank: 2 2020 Rank: 2 Wealth Change: +$3.47 billion 3. Ivan Glasenberg $9.10 billion 11. The real art is in putting things together in a better way. Im in the shower and thinking about it. Atlassians Mike Cannon-Brookes says Australia needs to build its own Netflixes and Ubers to remain globally competitive. There are 96 billionaires, 15 people aged 40 and under, and 27 . The List: Australias Richest 250 is curated and edited by wealth expert John Stensholt and a team of researchers and journalists. The popular veteran stockpicker will take a carrot and stick approach to the LICs he has targeted that are trading below their asset value. Two things Richest 250 members have in common, Rinehart tops Richest 250, Canvas Perkins the big mover, The Australian brings you the countrys richest as NFTs, Simple lessons in David Dickers 25-year overnight success, Cars and politics fuel Clive Palmers passion play, High flyers: Private jets the new toy of choice, Richest 250 recast: Young tech stars topple old guard, Helping other tech unicorns find their feet, Packer $400m richer by lunch, but sliding down Richest 250 list, How our biggest names thrived during the pandemic, Millionaires secret to picking right stocks. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. South-African born mining chief Ivan Glasenberg is the tenth richest person in the country and the largest individual stakeholder in Glencore, the world's biggest commodity trader.Although he lives in Switzerland, Glasenberg has or had held citizenship in both Australia and South Africa. The List: Australias Richest 250magazine is available today inThe Australianand online attheaustralian.com.au/rich250. Despite being the only member of the top 10 to lose wealth this year, Rinehart continued to benefit from the major boost in iron ore prices. The inquiry originally was expected to call James Packer and Lawrence Ho to give evidence. Chairman Perry Gunner declares the healthfoods company is experiencing not its finest hour. Good news for would-be property moguls, data released by The Australian for its annual analysis of Australias Richest 250 reveals that almost 24 per cent of Australias wealthiest are rich because of property holdings. PROPERTY has dominated the 2022 edition of The Australian 's The List of Australia's 250 wealthiest people, with Meriton boss Harry Triguboff coming in sixth place with a fortune of $20.81 billion. Many members have also made their fortunes in industries such as investment (28 members), retail (27 members), and mining (22 members). propertynoise.co.nz is about sharing all things real estate and property inNew Zealand(and a bit of Australia and International too). Theyre among the biggest names in business, and under the age of 40. Visy chief Anthony Pratt managed to rise up the ranks this year, leap-frogging perennial rich listers Mike Cannon-Brookes and Scott Farquhar into third place. High stakes: The 10 billionaires to watch, Losing $200m no drama for Dicker Data founder, $100m aim for retails best kept secret, Richest 250 update: $40bn lost in six months, The $1bn ship that saved Christmas for Moose Toys, Newcomers: The 29 wealthy debutants making their mark, One service station was never going to be enough, Tech guru Richard Whites plan to give back, How snowmobile approach made Bonett a billionaire, How dark moments gave birth to vast Canva fortune, Gina Rinehart tops The List as NFT revolution takes off. The other professions on the list were technology with 29, investment 28, retail 27, mining 22, manufacturing 14, healthcare 13, financial services 12, agriculture 10, and construction 10. Recognised professional in the Auckland real estate market for 30 years, PROUD TO SUPPORT MANAWATU RUGBY 500 CLUB SPONSORS, We dont roast our beans until we have your order, What will happen to Hawkes Bay house prices | WATCH, Warning to dodgy Aussie real estate agents. Of the 250 people who made the list, the average wealth sat around AUD$2.08 billion, up from AUD$1.88 billion last year. James Packer got a $100m parting gift from brother Lawrence Ho as the Hong Kong magnate walked away from Crown. You can access the latest stories from the journalists youre following here. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of US$ 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. Clive Palmer $4.51b (mining) Bianca Rinehart $4.49b . By If you want to get outrageously rich in Australia, you'll have the best chance by becoming a tech entrepreneur or owning a mining conglomerate. Join the conversation, you are commenting as. Remarkably, the Rich Listers loot would have been even higher had the list cut-off been just a fortnight later than April 19, when the iron ore price was in a slight dip. Chinese spy cams found in ABC buildings. You can. At home in Sandringham? That's a jump from $377 billion to $470 billion. Clive Palmer $18.35 billion 8. [1] Forget fast cars, super yachts or luxury houses. However, despite strong competition from her adversaries and a spate of new entrants, the richest Australian of 2022 was a familiar face, with Hancock Prospecting chairmanGina Rineharttaking out the title. While he checks the share price most days, he says he cant get too worried about it. Gina Rinehart $32.64 billion 2. Among his iron ore, nickel and coal holdings, Palmer is also the founder of the United Australia Party, with independent MP Craig Kelly the party's first representative in the lower house. He began his working life in the textile business, making his move into real estate in the early 1960s. Where indicated, third parties have written and supplied the content and we are not responsible for it. has been compiled using publicly available information. Bron is the editor of Your Money & Your Life. Here are the ones with the most at stake. Mr Hallinan says balance is not possible if you want to become an Olympic athlete. We aggregate real estate news and property news so you have one place to visit for all your property news. No Rich List would be complete without its fair share of real estate billionaires. Virtual Gaming Worlds founder Laurence Escalante has joined The List - Australia's Richest 250 for the first time, worth an eye-watering $2.15billion. Joining Rinehart in the top 5 are Fortescue Metals chairman. We aggregate real estate news and property news so you have one place to visit for all your property news. This years list has more members from the technology sector than ever before but some of the so-called older industries, such as manufacturing, showed resilience. . The face of philanthropy is changing, as wealthy donors draw on values often inculcated in them as children and align themselves with like-minded organisations. @media (max-width:767px){.gfNauG.gfNauG{padding:0px 15px;}}/*!sc*/ An elite clutch of start-up founders is getting richer more quickly than ever, adding $30bn since March as wealth shifts from old industries to new sectors. While property is the overall winner, its mining that dominates the top 10 wealthiest. The List - Australia's Richest 250. Hes setting up a new technology education foundation to get the ball rolling. Its not all work for the big players on The List: The Richest 250. It has been a good COVID-19 lockdown for Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar. Michael Bailey writes on entrepreneurship and the arts. Cliff Obrecht $15.89 billion 9. Their e-tail software company popped on its NASDAQ debut last August, but has been on the slide because of profit-taking and lack of analyst coverage. Help using this website - Accessibility statement, has built his AirTrunk into a $5 billion concern, Megan Wynne joins alongside husband Bruce Bellinge, the implosion of his eponymous supply chain. Chinese steel makers demand for their product means our iron ore billionaires have so far been spared Beijings arbitrary tariffs which have dented the fortunes of some coal miners and winemakers on the Rich List. As John Stensholt, Editor The List rightly points out, the explosion of wealth in the technology secure has been a driving catalyst for new rich listers. Enter your email address and Crikey will send a Verification Code. The Fortescue billionaire chairman is richer than ever, but several other miners have also made big fortunes since March. Her Psych qualification means she's particularly interested in the psychology of money and how to form good habits to improve finances. The Australian has published its fourth annual edition of The List: Australias Richest 250 as a gloss large format magazine and on theaustralian.com.au. Property developers have generally fared better this year other than those heavily concentrated on city hotels and apartments as low interest rates reinflate a boom that never really went away. The move drastically increased the profit from her majority-owned Roy Hill mine. But who did best of all? Industry:Mining Business: Fortescue Metals Group Role: Chairman Wealth in 2021: AUD$29.61 billion Change: 7%. This is the 39th Financial Review Rich List, which ranks Australias 200 wealthiest citizens by their net worth. We simply refer/ link you to their sites and we make no claim to their material. Managing $12bn of assets around the world, Peter Cooper has built a multi-million dollar fortune for himself and his clients. Fairwater in Point Piper was purchased by tech-billionaire Mike Cannon-Brookes. The wealthy can be highly secretive. @media (max-width:1024px){.fVFFaP.fVFFaP{-webkit-column-count:3;column-count:3;height:150px;}}/*!sc*/ .fVFFaP.fVFFaP li{display:list-item;}/*!sc*/ By John Stensholt March 25, 2022 Wealth The $1bn ship that saved Christmas for Moose Toys .dkDJIp{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-box-pack:start;-webkit-justify-content:flex-start;-ms-flex-pack:start;justify-content:flex-start;-webkit-align-items:stretch;-webkit-box-align:stretch;-ms-flex-align:stretch;align-items:stretch;padding:0;}/*!sc*/ The obscene wealth of Australia's richest 250 people is being glorified in the pages of the Murdoch-owned Australian, with the release last week of its annual Rich List. Alina Gozina. @media (max-width:1024px){.gfNauG.gfNauG{max-width:658px;padding:0;}}/*!sc*/ AVALON, Australia (Reuters) -BAE Systems Australia and another local manufacturer on Tuesday unveiled a new uncrewed military aircraft that will be designed, manufactured and armed in Australia . Their fortunes passed $20 billion for the first time as the remote-work revolution pushed their paying customer base above 200,000. Despite a downbeat profit forecast, Atlassians billionaire founders say theyve survived major downturns and have a plan for this one. Fellow mining magnate Andrew Forrest came in second with a combined wealth of $31.77 billion. The entire fortune of Australia's wealthiest 250 is valued at $318.33 billion, with each member having an average of $1.27 billion. But were still very glad hes doing it. So who has bought one? .juvbvE.juvbvE{margin-top:1rem;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}/*!sc*/ ADVERTISE. According toThe Australian, the list is the biggest annual study of Australias 250 wealthiest individuals undertaken in the country. Feeding all this megabyte consumption is one of the 18 debutants on this years list, Robin Khuda, whose brassy bets on building massive data centres across the Asia-Pacific some with electricity substations has built his AirTrunk into a $5 billion concern. It doesnt surprise Your Empire founder Chris Gray, in the slighest. Picture: Aaron Francis/The Australian The list is topped by Anthony Pratt, who has a whopping $13.14 billion in the bank. With fitness routines that speak to their enduring determination, veteran operators Harry Triguboff, Arthur Laundy and Bob Magid are not taking things lying down. Big names in property have made a splash in this year's list of Australia's richest 250 people. Brian Flannery moved from surfing into mining and resort development, and now he even has his own solar train. Some may see that as a negative, but its actually a positive to buy now because youre not paying that premium. Theyre not exactly destitute, but these 12 prominent billionaires have had a cool $40bn wiped from their wealth as tech stocks and other industries suffer big falls. Laurene Powell Jobs is an American billionaire who . There is nothing I wouldnt sacrifice, he says. Another Australian-made software-as-a-service gaining global ubiquity is Canva. Harry Triguboff is sixth on the list with $20.81 billion in assets, while Clive Palmer came in at number seven, nearly doubling his wealth for a second year in a row valued at $18.35 billion. More shopping from home means more business for Visy and US-based Pratt Industries, which turn the delivery boxes we throw out into new boxes. PROUDLY KIWI OWNED & OPERATED | EST. The spectacular success of Gina Rineharts Roy Hill mine has been almost 30 years in the making, with some nailbiting moments along the way | THE LIST: Australias Richest 250. Iron ore, property and technology are the three main paths to 2021s Financial Review Rich List, which has shrugged off the pandemic to be richer than ever before. You can access the latest stories from the journalists youre following here. Champion footballer Chris Judd now considers himself a full-time investor, putting his money into dozens of small ASX-listed stocks. A unique collection of NFTs celebrates their success. But how he chooses to spend it is unique. Importantly, the report reveals that wealth in Australia has surged, with a record 29 new names making the list this year, the youngest of which beingAfterpay guru Nick Molnar, who at just 32-years-old is the countrys youngest self-made billionaire. Follow the topics, people and companies that matter to you. When real estate ads go wrong | Buy the wife some dirt for Christmas, Real estate agent calls out sexist remarks, Worlds happiest countries for 2022 named, Inside story of how a defiant Aussie family turned their back on MILLIONS, Where is Clarke Gayford? Also a keen philanthropist, Rinehart is well known for her donations to Swimming Australia, which have allowed elite athletes to focus on training without having to pick up part-time jobs.It is believed Rinehart is the largest individual donor to Olympic sport in Australian history. The property market is improving but wont return to previous heights until migration numbers improve, the billionaire says. Theres massive damage to the services industry from continued pandemic lockdown, says Flight Centre co-founder. .gPAVgb.gPAVgb{color:var(--ck-textInvertedStatic);}/*!sc*/ The 200 individuals and families on the 2021 list command a $479.6 billion fortune, up from $424 billion six months earlier. You can. Keep informed with what is happening with property in Australia. However, its profits and earnings per share continue to rise, so Harper and Machaalani may yet become another stalwart tech duo of the Rich List. Throw in 2020s reportedAUD$1 billion transactionthat added $2 billion to Visys $9 billion valuation and youve got a pretty handy bump in cash. Industry:Manufacturing Business: Visy, Pratt Industries Role: Executive Chairman Wealth in 2021: AUD$21.27 billion Change: 30%.