Financial Review Rich List 2018

The Financial Review Rich List 2018 is the 35th annual survey of the wealthiest people resident in Australia, published by The Australian Financial Review on 25 May 2018.[1]

The net worth of the wealthiest individual, Anthony Pratt, was A$12.90 billion; while the net worth of the 200th wealthiest individual, Radek Sali, was A$387 million; up from $341 million in 2017.[2] The combined wealth of the 200 individuals was calculated as A$282.7 billion;[1] compared with a combined wealth of A$6.4 billion in 1984 when the BRW Rich 200 commenced.[3] Nineteen women were included on the 2018 Rich List, representing 8.5 percent of the list.[2] The average age was 66 years. The list included a record 76 individuals whose net worth was one billion or more, an increase of 16 from 2017; and about one-quarter of those billionaires lived offshore at the time of the list's publication.[1]

List of individuals

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2018[1] Name Citizenship Source of wealth 2017[4][5]
Rank Net worth
A$ bn
Rank Net worth
A$ bn
1   12.90   Anthony Pratt   Australia Visy Industries; Pratt Industries 1   12.60  
2   12.77   Harry Triguboff AO   Australia Meriton Apartments 2   11.40  
3   12.68   Gina Rinehart   Australia Hancock Prospecting; investment 3   10.40  
4   9.09   Hui Wing Mau   People's Republic of China
  Australia[6]
Shimao Property 8   5.96  
5   8.42   Sir Frank Lowy AC   Australia ex-Westfield; property (shopping centres) 4   8.26  
6   8.32   Ivan Glasenberg   Australia[7]
  South Africa
  Switzerland[8]
Glencore commodities trading 5   6.85  
7   6.45   John Gandel AC   Australia Property (shopping centres) 7   6.05  
8   6.10   Andrew Forrest AO   Australia Fortescue Metals Group 6   6.84  
9   5.88   Vivek Chaand Sehgal   Australia Motherson Sumi Systems n/a not listed
10   5.50   James Packer   Australia Crown Resorts; Consolidated Media Holdings 9   4.79  
11   5.16   Scott Farquhar   Australia Atlassian 18  2.51  
12   5.16   Mike Cannon-Brookes   Australia 17   2.51  
13   4.93   Kerry Stokes AC   Australia Property; Seven West Media; resources 14 2.90  
14   4.02   Len Ainsworth AM   Australia Gaming; manufacturing 11 3.07  
15   3.99   Stan Perron AM   Australia Property 10   3.90  
16   3.87   Alan Wilson and family   Australia Reece Group n/a not listed
17   3.56   Lindsay Fox AC   Australia Linfox; property 13   2.91  
18   3.47   Lang Walker   Australia Walker Corporation (property) 12 3.00
19   3.28   Bianca Rinehart   Australia Hancock Prospecting; investment 15   2.74  
20   2.84   Clive Palmer   Australia Mineralogy and other mining 198   0.344  
21   2.61   David Hains and family   Australia Investment 16   2.55  
22   2.43   Sir Michael Hintze GCSG, AM   Australia
  United Kingdom
Retail; investment 24   1.98  
23   2.55   Solomon Lew   Australia Premier Investments; retail 19 2.38  
24   2.41   Jack Cowin   Australia Competitive Foods Australia; investment 20 2.38  
25   2.50   Marc Besen   Australia Retail 22 2.24
26   2.26   Maurice Alter and family   Australia Retail 1.81
27   2.17   Angela Bennett   Australia Mining 1.76
28   2.12   Gerry Harvey   Australia Harvey Norman Holdings 21 2.34  
29   2.12   Ye Lipei   Australia Property 1.70
30   2.08   Alexandra Burt and Leonie Baldock   Australia Resources 1.56
31 no data available
32   1.96   Nigel Austin   Australia Cotton On Group; retail 1.89
33   1.92   John Van Lieshout   Australia Retail 1.72
34   1.79   Chris Wallin   Australia Resources 1.13
35   1.78   Kerr Neilson   Australia Financial services 1.44
36   1.77   Judith Neilson   Australia Investment 1.34
37   1.76   Tony Perich and family   Australia Agriculture; property 1.59
38   1.76   David and Vicky Teoh   Australia Telecommunications 1.91
39   1.96   Nigel Austin   Australia Cotton On Group; retail 1.89
40   1.73   Manny Stul and family   Australia Moose Toys; retail 39   1.42
41   1.71   Brett Blundy   Australia Retail; property; agriculture 1.39
42   1.70   John Kahlbetzer   Australia Agriculture 0.841
43   1.66   Huang Bingwen and family   Australia Manufacturing 25 1.93
44   1.66   Richard White   Australia Technology 0.882
45   1.63   Chau Chak Wing   Australia Property; investments 1.56
46   1.61   Morry Fraid, Zac Freid and family   Australia Retail; property 1.60
47 no data available
48   1.56   Bob Ell   Australia Property 1.52
49   1.56   Alan Rydge   Australia Rydges Hotels & Resorts; Event Cinemas 23 2.09  
50   1.54   Paul Little AO   Australia Toll Holdings 0.927
51   1.54   Sam Tarascio   Australia Property 1.43
52   1.46   Terry Snow AM   Australia Capital Airport Group; property 1.00
53   1.40   Raphael Geminder   Australia Manufacturing 1.44
54   1.39   Alex Waislitz   Australia Investment 1.24
55   1.35   Nick Politis AM   Australia Retail; property 0.733
56   1.33   Brian Flannery   Australia Resources 0.818
57   1.28   Paul Salteri AM and family   Australia Investment n/a not listed
58   1.27   Michael Heine and family   Australia Financial services n/a not listed
59   1.27   Russell Withers and family   Australia Retail 1.23
60   1.26   Con Makris and family   Australia Property 1.17
61   1.26   Gretel Packer   Australia Media; Crown Resorts; investment 1.02
62   1.24   Jonathan Munz and family   Australia Manufacturing 50   1.10
63   1.23   Ralph Sarich AO   Australia Investment; property 1.12
64   1.21   Maha Sinnathamby   Australia Residential property 57 1.02
65   1.20   Chris Thomas   Australia Agriculture 1.12
66   1.18   Bruce Mathieson   Australia Gaming; investments 0.943
67   1.17   Peter Gunn   Australia Logistics; investment; property 1.00
68   1.16   Bob Ingham AO   Australia Ex-Inghams Enterprises 1.19
69   1.16   Robert Millner and family   Australia Washington H. Soul Pattinson; investment n/a not listed
70   1.15   Greg Goodman and family   Australia Goodman Group; property 1.08
71   1.14   Paul Lederer   Australia Ex-Primo smallgoods; investment 0.824
72   1.13   Jeff Chapman   Australia Financial services 0.811
73   1.09   Tim Roberts   Australia Ex-Multiplex; investment 0.896
74   1.07   Sandy Oatley and family   Australia Agriculture; property; tourism 0.913
75   1.04   Reg and Hazel Rowe   Australia Super Retail Group; property 1.14
76   1.02   Chris Morris   Australia Computershare; financial services 0.847
77   0.999   Richard Smith   Australia Food services 0.891
78   0.961   Justin Hemmes and family   Australia Hotels; property n/a not listed
79   0.927   Ervin and Charlotte Vidor   Australia Property; hotels 0.804
80 no data available
81   0.876   Jamuna Gurung and Shesh Ghale   Australia Melbourne Institute of Technology 0.647
82 no data available
83   0.869   Spiros Alysandratos   Australia Travel; property 0.582
84   0.867   Geoff Harris   Australia Flight Centre; investment 0.637
85   0.863   Bill James   Australia Retail 0.647
86   0.861   Graham Turner   Australia Flight Centre; hotels 0.620
87   0.859   Nechama Werdiger and family   Australia Property 0.859
88   0.858   Gordon Fu and family   Australia Property 0.877
89   0.850   Patrick Grove   Australia Technology 0.801
90   0.843   Peter Scanlon and family   Australia Patrick Corporation 0.772
91   0.822   Andrew Roberts   Australia Ex-Multiplex; property 0.819
92   0.817   Sam Chong   Australia Resources; hotels 0.440
93   0.813   Jack Gance   Australia Chemist Warehouse; retail 0.546
94   0.803   Mario Verrocchi   Australia Chemist Warehouse 0.558
95   0.787   Lloyd Williams   Australia Property; thoroughbreds 0.784
96   0.784   Shaun Bonétt   Australia Precision Group; property 0.718
97   0.784   Larry Kestelman   Australia Dodo Services; telecommunications 0.749
98   0.783   Chris Ellison   Australia Resources 0.754
99   0.775   Christian Beck   Australia Technology 0.619
100   0.756   Jina Chen and Alex Wu   Australia Healthcare 0.686
101 no data available
102   0.749   Allan Myers AC, QC   Australia Investment; agriculture 0.682
103   0.744   Rod Duke   Australia Briscoe Group 0.751
104   0.739   Dale Elphinstone   Australia Elphinstone Group; mining services 0.475
105   0.737   Theo Karedis   Australia Retail; property 0.723
106   0.730   Iris Lustig-Moar and Max Moar   Australia Property 0.694
107 no data available
108   0.714   Kevin Seymour and family   Australia Property 0.679
109   0.708   Andrew Muir and family   Australia The Good Guys n/a not listed
110   0.706   Travers Duncan   Australia Resources; property 0.670
111   0.704   Jack Bendat AM   Australia Property 0.701
112   0.702   Bruce Gordon   Australia Media 107   0.629  
113   0.702   Bruno Grollo and family   Australia Grocon; property 0.720
114   0.689   Mark Creasy   Australia Resources 0.610
115   0.689   Mick Power   Australia Construction 0.902
116   0.684   David Greiner and Ben Richardson   Australia Technology 0.593
117 no data available
118   0.680   Chris Mackay   Australia Financial services 0.560
119   0.676   Andrew and Michael Buxton   Australia Property 0.579
120 no data available
121   0.673   Paul Fudge   Australia Media 0.663
122   0.762   Bruce Neill   Australia Financial services 0.472
123   0.667   Jonathan Hallinan   Australia Property 0.490
124   0.660   Max Beck   Australia Property 0.562
125   0.660   Harry Stamoulis and family   Australia Manufacturing 0.646
126   0.657   Kim McKendrick and family   Australia Ex-Godfrey Hirst Carpets 0.582
127   0.655   Frank Costa AO and family   Australia Agriculture 0.538
128   0.654   Kerry Harmanis   Australia Resources 0.640
129   0.651   Greg Poche   Australia Ex-StarTrack 0.638
130   0.646   Trevor Lee   Australia Agriculture 0.407
131   0.638   Terry Peabody   Australia Ex-Transpacific; investment 0.587
132   0.631   Zig Inge and family   Australia Property 0.611
133   0.625   Naomi Milgrom AO   Australia Sussan; Sportsgirl; Suzanne Grae 117 0.585
134   0.621   John Symond AM   Australia Ex-Aussie Home Loans 0.673
135   0.617   Hamish Douglass   Australia Financial services 0.531
136   0.611   Nick DiMauro   Australia Property 0.530
137   0.594   Marcus Blackmore   Australia Blackmores; healthcare 0.529
138   0.589   Leon Kamenev   Australia Ex-Menulog; technology 0.558
139   0.588   Christina and Tony Quinn   Australia Darrell Lea; retail 0.465
140 no data available
141   0.586   Jamie Pherous   Australia Travel services 0.432
142   0.580   Danny Hill   Australia Property 0.447
143   0.580   Tim Kentley-Klay   Australia Technology 0.470
144   0.574   Tim Gurner   Australia Property 0.473
145   0.569   Tony Tartak and family   Australia Services 0.407
146   0.566   Bill Roche and Imelda Roche AO   Australia Retail 0.504
147 no data available
148   0.561   Gordon Martin   Australia Manufacturing 0.484
149   0.560   Graham Tuckwell   Australia Financial services 0.462
150   0.559   Grahame Mapp   Australia Investment 0.423
151   0.555   Steven Kalmin   Australia Glencore 0.454
152   0.553   Paul Blackburne   Australia Property 0.530
153   0.549   Andrew Abercrombie   Australia Financial services 0.574
154   0.549   John Higgins   Australia Investment; services 0.484
155   0.546   Nigel Satterley   Australia Satterley; property 0.551
156   0.536   Robert Whyte   Australia Investment 0.446
157   0.535   George Kepper   Australia Technology; property 0.563
158   0.534   Diana and Rino Grollo   Australia Property 0.493
159 no data available
160   0.534   Kevin Maloney   Australia Mining services 0.499
161   0.534   John Singleton   Australia Media; investment; property 0.450
162   0.529   Tony Poli   Australia Resources; property 0.482
163   0.527   Hilton Nathanson   Australia Financial services 0.451
164   0.527   Will Vicars   Australia Financial services n/a not listed
165   0.519   David Paradice   Australia Financial services 0.479
166   0.519   Ian Roberts   Australia Healthcare 0.557
167   0.519   Tony Wales   Australia Ex-Computershare; investment 0.483
168   0.513   Robert Magid   Australia Property 0.499
169   0.511   Michael Boyd   Australia Sonic Healthcare 0.488
170   0.506   Arthur Laundy   Australia Hotels 0.412
171   0.506   Yenda Lee and family   Australia Bing Lee; retail 0.482
172   0.503   Seumas Dawes   Australia Financial services 0.412
173   0.499   Peter Cooper   Australia Financial services 0.507
174   0.498   Jan Cameron CNZM   Australia Ex-Kathmandu; retail n/a not listed
175   0.491   Peter Hughes and family   Australia Agriculture 0.391
176   0.487   Gerry Ryan OAM   Australia Jayco Australia; manufacturing 0.473
177   0.486   Greg Coffey   Australia Financial services 0.482
178   0.483   Evan Acton and family   Australia Rural 0.490
179   0.475   Dick Honan   Australia Manildra Group 0.440
180   0.472   Trevor St Baker   Australia Energy n/a not listed
181   0.468   Tony Haggarty   Australia Resources 0.462
182   0.459   Owen Kerr   Australia Financial services 0.342
183   0.457   Bryan Dorman   Australia Technology 0.520
184   0.453   John and Robert Kirby   Australia Village Roadshow; entertainment 0.454
185 no data available
186   0.450   Rod Jones   Australia Navitas Group 0.403
187   0.449   Bob Rose   Australia Property 0.454
188   0.432   Laurie Sutton   Australia Retail 0.453
189   0.428   John Simpson   Australia Property 0.614
190   0.415   Doug Shears   Australia Rural 0.413
191   0.413   Ori Allon   Australia Technology 0.364
192   0.411   Alf Moufarrige   Australia Servcorp; property 0.467
193   0.409   Bob Sharpless   Australia Property n/a not listed
194   0.407   Patricia Ilhan   Australia Crazy John's 0.404
195   0.405   Tony Denny   Australia Retail 0.355
196   0.404   John Kinghorn   Australia Investment 0.353
197   0.401   Alan Tribe   Australia Retail 0.375
198   0.399   Barry Lambert   Australia Financial services 0.437
199   0.395   Ruslan Kogan   Australia Kogan.com; retail n/a not listed
200   0.387   Radek Sali   Australia Ex-Swisse 0.372
Legend
Icon Description
  Has not changed from the previous year's list
  Has increased from the previous year's list
  Has decreased from the previous year's list

See also

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References

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  1. ^ a b c d Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
  2. ^ a b Janda, Michael (24 May 2018). "Rich List: Billionaires multiply as profits surge, wages stall". ABC News. Australia. Retrieved 2 October 2019.
  3. ^ Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News. Australia. Retrieved 2 October 2019.
  4. ^ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
  5. ^ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  6. ^ Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Archived from the original on 26 July 2014. Retrieved 17 July 2014.
  7. ^ Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Archived from the original on 9 October 2019. Retrieved 8 October 2019.
  8. ^ Glasenberg, Ivan (5 May 2013). "Letztlich macht es keine Differenz, ob Ihr Vermögen eine Milliarde beträgt oder sechs". SonntagsZeitung (Interview) (in German). Interviewed by Martin Spieler. Archived from the original on 6 May 2013. Retrieved 30 September 2019.
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