This list has been updated following the correction of an error made during data compilation. Williams deal captured plenty of attention, but he has about $20bn of other assets across a diverse range of sectors. Help using this website - Accessibility statement, delivers the list its youngest-ever member. Sector: Energy | Revenue: Not meaningful | Last Years Ranking: Unranked. The sixth-generation family-owned company has a diverse range of agricultural assets and is one of Australias biggest wool producers. At #10 another mining magnate Ivan Glasenberg maintains a worth of $9.10 billion. The results have been startling. Sector: Travel and accommodation | Revenue: $207m | Last Years Ranking: 14. He pulled out of a $346 million bid for renewable firm Genex Power with US private equity firm Stonepeak in January. Woods Bagot is a global architecture, design and consultancy firm, based in Adelaide. The average age of a Rich Lister is 67.7, up from 66 last year. The fall pushes Adams below Kerry Stokes and into 12th position with a $6.9 billion paper fortune, albeit a figure more than treble a year ago, on a new understanding of how much equity he holds as Canvas chief product officer. Mannix Electrical Pty Ltd is an electrical contracting business that specialises in air conditioning, home heating and solar. Sector: Building and construction | Revenue: $150.2m | Last Years Ranking: 87. The liquidity opportunity for the unlisted companys investors comes in the wake of VGWs first regulatory challenge in its prime US market. It covers a total area of 402,903 and has a population of 1,706,500. . This year is crucial for the iron ore magnate, whom the market is watching to see if he can start delivering on his green energy dream. He inherited ownership of the family business when his late father Richard Pratt died in 2009. After moving to Australia as a teenager, he brought high-density living to the country during a period when single-family homes were all the rage. Such is the vast amount of iron ore royalties that flow Palmers way that a $100 million spend on advertising for his United Australia Party at last years federal election has little effect on his wealth. Hickinbotham is a major residential developer, building homes in and around Adelaide. Here are the current richest ten Aussies and what the AFR estimates are their net worth: Gina Rinehart with a net worth of $34.02 billion, up from $31.06 billion in 2021. SAGE Group Holdings provides electrical engineering and automation services in Australia. Silk began with one clinic in South Australia offering a range of cosmetic services, and now has locations across the country. The economy's main sectors - iron . Headed by Richest 250 member Fung Lam, New Aim is an Australian e-commerce success story, which is seeking external capital for the first time to bolster growth. The top 10 on The List are wealthier than ever before, led by two of the countrys most successful businesswomen who have changed the face of corporate Australia. But its not a complete tech wreck. journalism, This site is protected by reCAPTCHA and the Google, Media diversity is under threat in Australia nowhere more so than in South Australia. Online gift card billionaire and commercial property magnate Shaun Bonett says there are very few people who invent things. 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. Heres why. Endeavour boosts sales in third quarter update. Included in The List are 131 billionaires, 29 newcomers, and 30 women. For the top 10 richest Australians for 2022, scroll below. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 65. The Australian losers included Melanie Perkins and Mike Cannon-Brookes. Sector: Building and construction | Revenue: $470.3m | Last Years Ranking: 40. Sector: Biotechnology | Revenue: Not meaningful | Last Years Ranking: 63. Sector: Energy | Revenue: Not meaningful | Last Years Ranking: 66. You can. This is also known as Online Behavioural Advertising. Established in 1996, RJE provides multi-disciplinary engineering and construction services to complex projects across a range of industries. Sector: Building and Construction | Revenue: $100 million | Last Years Ranking: Unranked. Clive Palmer makes more income than almost every other Australian billionaire. At a time when fighting climate change is more urgent than ever our region is at just 25 per cent readiness for energy transition, one of the lowest globally and second only to Latin America at 22 per cent. Sector: Agriculture | Revenue: $17.8m | Last Years Ranking: 81. Love them, hate them, or envy them, Australias richest people have been announced for 2022 by The Australians The List. Perkins and Obrecht still have big paper fortunes, and say Canva is profitable and hiring more staff around the world. With mining and technology industries boosting these loaded individuals to the top, some of these wealthy names wont come as a surprise. Your contribution goes directly to helping our journalists uncover the facts. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. The stock has slumped and their overall wealth tumbles to $430 million. Elixir Energy is a gas exploration and development company focused on exploring Mongolia for natural gas. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. The Melbourne apartments developer says the top end of the market is holding up, but policies need to change or construction jobs will be lost. Woolworths reports 8pc increase in sales. Venross operate as a retail and entertainment wholesaler, VR Distribution, selling merchandise including board and card games and collectibles. Now worth a combined $717m, this duo moved north to start a charitable program after founding one of Australias most successful technology companies. The returnees include Flight Centre founder Graham Turner. Established in 1946, Argo is South Australias leading listed investment company. Farquhar sits in fourth spot with $26.41 billion, up from $20 billion. Formed in 1961, Beach Energy is an oil and gas exploration and production company headquartered in Adelaide. Sector: Automotive | Revenue: Undisclosed | Last Years Ranking: 16. Your contribution goes directly to helping our journalists uncover the facts, InDaily uses cookies. Major investor and chairman Charles Gibbon becomes a billionaire for the first time while fellow investor and WiseTech director Michael Gregg debuts with an estimated wealth of $648 million. If youve been wondering where all of these people live, the places they call home have also been announced. See how the race unfolded here. Farquhar also has dozens of tech startup investments along with a considerable Sydney property portfolio. Dominic Lorrimer. More recently, Cannon-Brookes and fellow billionaire Andrew Forrest were involved in a spat over the $30 billion Sun Cable project they both back that resulted in the large renewable development going into administration after a dispute about its future. See the full list of the 250 candidates at The Australian 's official listing here. 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. Other retail giants include Tania Austin who owns Decjuba fashion brand with $640 million, and Simon and Tahnee Beards Culture Kings with a combined value of $503 million. Uniti Wireless is a broadband internet provider, servicing homes and businesses across Australia. Sector: Building and construction | Revenue: $83 million | Last Years Ranking: 52. At #7 Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. Late last year, Pratt announced he will spend more than $7 billion expanding in the US over the next decade, as part of the biggest ever expenditure strategy. Forget fast cars, super yachts or luxury houses. At #6 Harry Triguboff, nicknamed high rise Harry has a wealth of $20.81 billion. Atlassian shares surged for years, but have plunged in the last 12 months along with most other tech stocks. Shares are poised to edge lower. Victoria comes in a close second with 71, then Queensland, 32, Western Australia, 21, South Australia, 5, Northern Territory, 2, and Tasmania and the ACT both have 1 each. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 13. Sector: Professional services | Revenue: $185m | Last Years Ranking: 46. Top 10 richest Australians under 40 revealed. Sector: Healthcare | Revenue: $3.7m | Last Years Ranking: 60. The List: Australia's Richest 250 has this year risen to a total wealth of $520.20 billion, at an average of $2.08 billion for each of the 250 members. Poker machine king Len Ainsworth once had a hole blown in his factory roof by a bomb. Developer Lang Walker has taken the challenges of the pandemic in his stride and is banking on a big return to the office with his latest Sydney project. She doesnt. 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 being Afterpay guru Nick Molnar, who at just 32-years . The uninitiated in takeaway food are now using it and dont want to get out of their cars boosting the cornerstone business of the Jack Cowin empire. Sector: Printing | Revenue: Undisclosed | Last Years Ranking: 82. Santos is a major oil and gas producer, supplying Australian and Asian customers with a portfolio of liquefied natural gas, pipeline gas and oil assets. The Richest People In South Australia, AU Below are the richest people in South Australia, AU. While the last year brought money woes for many Australians, wealth surged for others, as the list welcomed a record 29 new names to the list. 10-South Korea: This is the tenth-largest economy in the world in the year 2020-21 as per IMF. The real art is in putting things together in a better way. A unique collection of NFTs celebrates their success. Thats less than the $16.5 billion they achieved when the Young Rich List was published in October but still almost double the wealth they held on the 2021 Rich List. It is critical that members of a family trust know what is to happen to trust assets if any of the key people die. Galipo Foods is a large-scale supplier to the foodservice industry. Nobles provides lifting and rigging equipment, technical services and engineering design. He has built the biggest philanthropic foundation, Minderoo, among Australian billionaires, as well as a $5 billion investment business, Tattarang, that owns RM Williams, property and cattle interests. Thanks for signing up to the InDaily newsletter. The countdown finishes today with the full list, including the top 20 which features some newcomers. Mining magnates and property barons are still doing well on The List, but technology titans like Mike Cannon-Brookes and Melanie Perkins are the big losers this year. She makes choices, The artisans turning Australian flora into luxe textiles, Why this CEO would like to play golf with Richard Branson, Its been like a dream: Dancer returns to the stage after two decades, Winners emerge from building sector collapses. Sector: Agriculture | Revenue: $112.4m | Last Years Ranking: 54. Andrew Forrest with a net . In #4 and #5 are the co-founders of software development company Atlassian. The Dicker Data founder is one of dozens of Richest 250 members to have lost money this year. But NSWs most wealthy people still have plenty of cash to play with. Sector: Food and Beverage | Revenue: Undisclosed | Last Years Ranking: 71. Maggie Beer Holdings represent four brands of gifting, food and beverage products using Australian ingredients and materials that support local dairy farmers, fruit and vegetable growers.
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