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.

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)Decrease US$14.8 billion
Entry point (50th)Increase 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

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Members of Australia's 50 richest people

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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 Rinehart 1   9.00   1   18.00   1   17.00   1   17.70   1   11.70  
Harry Triguboff 5   3.40   6   4.00   6   4.60   7   4.30   2   5.60  
Anthony Pratt 7   2.70   7   3.40   7   4.50   2   7.00   7   3.50  
Frank Lowy 4   4.30   5   4.40   4   5.30   6   4.60   3   5.00  
Mike Cannon-Brookes n/a not listed n/a   not listed n/a   not listed n/a   not listed 25   1.10  
Scott Farquhar n/a not listed n/a   not listed n/a   not listed n/a   not listed
Andrew Forrest 2   6.90   3   5.30   5   4.80   5   5.00   10   2.10  
John Gandel 6   3.30   8   3.20   8   3.50   8   3.20   6   3.60  
James Packer 3   4.40   4   4.50   3   6.00   3   6.60   4   4.70  
Lindsay Fox 11   1.70   14   1.60   14   1.95   11   2.20   9   2.90  
Kerry Stokes 10   1.90   12   1.80   13   2.00   16   1.60   23   1.20  
Michael Hintze 15   1.40   16   1.40   16   1.55   15   1.70   15   1.90  
Wilson Family 13   1.50   17   1.35   15   1.60   13   1.90   14   2.00  
Lang Walker 22   0.95   21   0.95   18   1.20   21   1.16   21   1.20  
Fiona Geminder n/a not listed n/a   not listed n/a   not listed n/a   not listed 12   2.10  
Maurice Alter 32   0.70   30   0.78   32   0.89   30   0.96   19   1.20  
David Hains 9   2.00   11   2.00   11   2.30   12   2.10   11   2.10  
Clive Palmer n/a not listed 29   0.80   31   0.90   50   0.55   n/a   not listed
Heloise Waislitz n/a not listed n/a   not listed n/a   not listed n/a   not listed 13   2.00  
Tony & Ron Perich n/a not listed n/a   not listed n/a   not listed n/a   not listed 39   0.75  
Jack Cowin n/a not listed n/a   not listed n/a   not listed n/a   not listed 29   1.00  
Angela Bennett 12   1.55   9   2.30   30   0.90   25   1.01   31   0.97  
David Teoh n/a not listed n/a   not listed 29   0.91   17   1.50   17   1.60  
Solomon Lew 18   1.15   20   1.10   19   1.16   26   1.00   30   0.98  
Brett Blundy n/a not listed 39   0.66   33   0.84   39   0.71   38   0.77  
Bob Ell n/a not listed n/a not listed 26   0.96   22   1.10   19   1.20  
John Van Lieshout 24   0.87   24   0.87   21   1.04   28   0.97   27   1.00  
Gerry Harvey 17   1.20   23   0.90   28   0.93   20   1.18   18   1.30  
Kerr Neilson 8   2.40   10   2.10   9   2.50   10   2.90   8   3.00  
Sam Tarascio n/a not listed n/a   not listed n/a   not listed n/a   not listed 42   0.71  
Terry Snow n/a not listed n/a   not listed 39   0.76   46   0.62   n/a   not listed
Judith Neilson n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed
Alan Rydge n/a not listed n/a not listed 25   0.98   23   1.03   22   1.20  
Maha Sinnathamby n/a not listed n/a   not listed n/a   not listed 42   0.69   40   0.74  
Paul Little 34   0.67   35   0.71   37   0.78   37   0.72   37   0.82  
Len Ainsworth n/a not listed n/a not listed 22   1.03   18   1.30   24   1.20  
Bruce Mathieson 28   0.73   37   0.69   42   0.73   35   0.75   48   0.61  
Con Makris n/a not listed n/a not listed 47   0.66   45   0.63   46   0.64  
Russ Withers and family of the late Beverley Barlow n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed
Ralph Sarich n/a not listed n/a not listed 44   0.71   44   0.66   44   0.66  
Richard Smith 30   0.71   31   0.74   35   0.79   32   0.84   45   0.65  
John Kahlbetzer n/a not listed n/a not listed 34   0.83   34   0.76   36   0.83  
Christopher Morris 33   0.69   n/a not listed 48   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

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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/a not listed n/a   not listed n/a   not listed n/a   not listed n/a   not listed 1   8.88   n/a   not listed
Ivan Glasenberg n/a not listed 2   7.20   2   6.70   4   6.30   5   4.40   n/a   not listed n/a  not listed
Paul Salteri 21   0.98   22   0.94   23   1.00   27   0.99   28   1.00   n/a   not listed n/a  not listed
Raymond Barro n/a not listed n/a   not listed 24   0.99   24   1.02   32   0.96   n/a   not listed n/a  not listed
Morry Fraid n/a not listed n/a   not listed 36   0.79   31   0.90   33   0.95   n/a   not listed n/a  not listed
Bob Oatley[note d] 25   0.85   25   0.86   27   0.95   33   0.83   34   0.91   n/a   not listed n/a  not listed
Greg Poche 31   0.70   33   0.73   41   0.74   38   0.71   43   0.68   n/a   not listed n/a  not listed
Geoff Harris n/a not listed n/a   not listed n/a   not listed 41   0.70   50   0.55   n/a   not listed n/a  not listed
Paul Ramsay[note b] 14   1.45   13   1.70   10   2.40   9   3.00   n/a   not listed n/a   not listed n/a  not listed
Len Buckeridge 19   1.10   19   1.25   17   1.40   19   1.20   n/a   not listed n/a   not listed n/a  not listed
Mukul Garg 29   0.74   38   0.69   42   0.74   35   0.76   n/a   not listed n/a   not listed n/a  not listed
Ian Norman[note c] 37   0.64   n/a   not listed n/a   not listed 48   0.58   n/a   not listed n/a   not listed n/a  not listed
Lloyd Williams 35   0.66   38   0.67   46   0.70   49   0.57   n/a   not listed n/a   not listed n/a  not listed
Bruno Grollo 29   0.72   34   0.71   40   0.74   n/a   not listed n/a   not listed n/a   not listed n/a  not listed
John Grill 27   0.77   28   0.80   45   0.71   n/a   not listed n/a   not listed n/a   not listed n/a  not listed
Travers Duncan n/a not listed n/a   not listed 49   0.63   n/a   not listed n/a   not listed n/a  not listed n/a  not listed
Stan Perron 20   1.05   15   1.50   12   2.10   14   1.80   16   1.60   17   1.54   15  
Bob Ingham 36   0.64   32   0.74   20   1.15   29   0.97   35   0.90   34   0.745  
Reg Rowe n/a not listed n/a   not listed 43   0.73   43   0.67   n/a   not listed   39   0.675  
Graham Turner n/a not listed n/a   not listed n/a   not listed 36   0.72   49   0.57   45   0.575  
Bruce Gordon 26   0.79   40   0.65   50   0.62   40   0.70   41   0.72   46   0.57  
Marcus Blackmore n/a not listed n/a   not listed n/a   not listed n/a   not listed n/a   not listed 50   0.50  
Tim Roberts n/a not listed n/a   not listed n/a   not listed n/a   not listed n/a   not listed n/a   not listed 49  
Chris Thomas n/a not listed n/a   not listed n/a   not listed n/a   not listed n/a   not listed n/a   not listed 50  
^[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

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References

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  1. ^ a b "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
  2. ^ a b "2010 Australia's 40 Richest". Forbes Asia. 3 March 2010. Retrieved 3 June 2012.
  3. ^ a b "2011 Australia's 40 Richest". Forbes Asia. 2 February 2011. Archived from the original on 10 February 2011. Retrieved 8 February 2011.
  4. ^ a b "2012 Australia's 40 Richest". Forbes Asia. 1 February 2012. Retrieved 3 June 2012.
  5. ^ a b "2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Retrieved 23 May 2013.
  6. ^ a b "2014 Australia's 50 Richest". Forbes Asia. January 2014. Retrieved 30 June 2014.
  7. ^ a b "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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