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Financial Review Rich List 2023

This article is about the Financial Review Rich List published in 2023. For general information about the list, see Financial Review Rich List.

The Financial Review Rich List 2023 is the 40th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 26 May 2023.

The net worth of the wealthiest individual, Gina Rinehart, was $37.41 billion; while the net worth of the 200th wealthiest individual, Bob Rose and his wife, Margaret, and their family, was $690 million; up from $640 million for the 200th individual in 2022. The combined wealth of the 200 individuals was calculated as $563 bn, an increase of $9 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the BRW Rich 200 commenced.[1][2] Thirty-six women were included on the 2023 Rich List, representing 18 percent of the list; down from thirty-nine women in 2021, or 19.5%. The list included six debutants.[1][3]

Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual since 2020.[4] From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ranked fourth in the 2021 Rich List, after Andrew Forrest,[2] Australia's wealthiest individual in 2008,[5][6] and Mike Cannon-Brookes. Harry Triguboff was Australia's wealthiest individual in 2016,[7][8] ranked fourth in the 2023 Rich List.[1]

List of individuals edit

2023[1] Name Citizenship Source of wealth 2022
Rank Net worth
A$ bn 		Rank Net worth
A$ bn
1   37.41   Gina Rinehart Australia Hancock Prospecting; investment 1   34.00  
2   33.29   Andrew Forrest Australia Fortescue Metals Group 2   30.70  
3   24.30   Anthony Pratt and family Australia Visy; Pratt Industries 5   24.30  
4   23.80   Harry Triguboff Australia Meriton Apartments 6   21.20  
5   23.66   Clive Palmer Australia Mineralogy and other mining interests; hospitality 7   19.50  
6   19.01   Mike Cannon-Brookes Australia Atlassian 3   27.80  
7   18.16   Scott Farquhar Australia Atlassian 4   26.40  
8   13.60   Ivan Glasenberg Australia[9]
South Africa
Switzerland[10]		 Glencore commodities trading 9   12.20  
9   13.18   Melanie Perkins and Cliff Obrecht Australia Canva 8   13.80  
10   9.33   Sir Frank Lowy Australia ex-Westfield; property 10   9.30  
11   9.11   Richard White Australia Technology 15   6.30  
12   7.45   Kerry Stokes Australia Property; Seven West Media; resources 12   7.00  
13   6.59   Cameron Adams Australia Canva 13   6.90  
14   6.51   Alan Wilson and family Australia Reece Group 14   6.60  
15   6.33   John Gandel Australia Property (shopping centres) 16   6.20  
16   5.81   Lang Walker Australia Walker Corporation (property) 20   5.00  
17   5.22   Len Ainsworth and family Australia Gaming; manufacturing 11   7.70  
18   4.95   James Packer Australia Crown Resorts; Consolidated Media Holdings 17   6.00  
19   4.90   Hui Wing Mau China
Australia[11]		 Shimao Property 22   4.80  
20   4.63   Angela Bennett Australia Mining 21   5.00  
21   4.43   Chau Chak Wing Australia Property; investments 23   4.50  
22   4.36   Jack Cowin Australia Competitive Foods Australia; investment 19   5.20  
23   4.35   Lindsay Fox Australia Linfox; property 24   4.20  
24   4.20   Vivek Chaand Sehgal Australia Motherson Sumi Systems 18   5.90  
25   3.97   Solomon Lew Australia Premier Investments; retail 25   4.20  
26   3.95   Morry Fraid, Zac Fried and family Australia Retail; property 33   3.20  
27   3.90   Laurence Escalante Australia Gaming 35   3.00  
28   3.90   Terry Snow Australia Capital Airport Group; property 29   3.60  
29   3.85   Alexandra Burt and Leonie Baldock Australia Resources 26   4.20  
30   3.71   Greg Goodman and family Australia Goodman Group; property 30   3.60  
31   3.50   Michael Hodgson Australia Property 34   3.10  
32   3.42   Andrew Budzinski Cyprus IC Markets; financial services 27   4.20  
33   3.35   Lachlan Murdoch United States
United Kingdom
Australia[12]		 Media 28   4.00  
34   3.33   Brett Blundy Australia Retail; property; agriculture 31   3.30  
35   3.11   Ed Craven Australia Gaming n/a not listed
36   3.06   Tony Perich and family Australia Agriculture; property; So Natural, Narellan Town Centre 37   2.80  
37   2.91   Gerry Harvey and Katie Page Australia Harvey Norman 32   3.30  
38   2.88   Stephen, Richard and Michael Hains and family[note 2] Australia Investment 36   2.90  
39   2.78   Kie Chie Wong, Ann Lim and family Malaysia Investor; resources 39   2.78  
40   2.76   Betty Klimenko, Monica Weinberg-Saunders and family Australia Property 40   2.70  
41   2.72   John Van Lieshout Australia Retail 41   2.70  
42   2.67   Michael Heine and family Australia Financial services 38   2.80  
43   2.63   Sam Kennard and family Australia Kennards Self Storage 55   2.00  
44   2.60   Maurice Alter and family Australia Retail 42   2.60  
45   2.57   Prudence MacLeod Australia News Corporation and News UK 44   2.60  
46   2.47   Ginia Rinehart Australia Hancock Prospecting 47   2.20  
47   2.44   John Hancock Australia Hancock Prospecting 45   2.43  
48   2.43   Bob Ell Australia Property 46   2.40  
49   2.42   Bianca Rinehart Australia Hancock Prospecting 48   2.20  
50   2.42   Hope Welker Australia Hancock Prospecting 49   2.20  
51   2.38   Jack Gance Australia Chemist Warehouse; retail 73   1.60  
52   2.35   Mario Verrocchi Australia Chemist Warehouse 83   1.50  
53   2.31   Shaun Bonétt Australia Precision Group; property 61   1.90  
54   2.27   Chris Thomas Australia Agriculture 74   1.60  
55   2.25   Chris Ellison Australia Resources 64   1.80  
56   2.23   Marcus Besen and family Australia Retail 52   2.20  
57   2.23   Sam Arnaout Australia Hospitality; property 63   1.89  
58   2.14   Nick Politis Australia Retail; property 50   2.20  
59   2.13   Bruce Mathieson Australia Gaming; investments 51   2.20  
60   2.10   Sir Michael Hintze Australia
United Kingdom		 Retail; investment 53   2.20  
61   2.09   Gretel Packer Australia Crown Resorts; investment 56   2.00  
62   2.09   Ye Lipei Australia Property 54   2.20  
63   2.08   Russell Withers and family Australia Retail 57   2.00  
64   2.02   Gary Tieck and family[note 1] Australia Property; investment 58   2.00  
65   2.00   Nigel Austin Australia Cotton On Group; retail 59   2.00  
66   2.00   Manny Stul and family Australia Moose Toys; retail 60   2.00  
67   1.97   John Casella and family Australia Agriculture; Casella Family Brands 71   1.70  
68   1.94   Alan Rydge Australia Rydges Hotels & Resorts; Event Cinemas 62   1.90  
69   1.93   Tim Roberts Australia Ex-Multiplex; investment 75   1.60  
70   1.92   Jonathan Munz and family Australia Manufacturing 65   1.80  
71   1.91   Khalil Shahin and family Australia Retail 66   1.80  
72   1.91   Sam Chong Australia Resources; hotels 127   1.10  
73   1.87   Trevor Lee Australia Agriculture 76   1.60  
74   1.86   Paul Salteri and family Australia Investment 67   1.80  
75   1.85   Anthony Hall Australia Technology 94   1.40  
76   1.83   Paul Little Australia Toll Holdings 69   1.80  
77   1.82   Maha Sinnathamby Australia Residential property 68   1.80  
78   1.79   Eddie Hirsch Australia United Petroleum 77   1.60  
79   1.78   Avi Silver Australia 78   1.60  
80   1.78   Paul Lederer Australia Ex-Primo smallgoods; investment 95   1.40  
81   1.75   Sam Hupert Australia Technology 107   1.30  
82   1.70   David and Vicky Teoh Australia Telecommunications 43   2.60  
83   1.69   Sam Tarascio Australia Property 72   1.69  
84   1.62   Peter Gunn Australia Logistics; investment; property 79   1.60  
85   1.59   Sam and Andrew Buckeridge and family Australia Buckeridge Group of Companies 89   1.50  
86   1.57   Ralph Sarich Australia Investment; property 80   1.60  
87   1.57   Nechama Werdiger and family Australia Property 81   1.60  
88   1.57   Imelda Roche[note 3] Australia Retail 84   1.50  
89   1.56   Sandy Oatley and family Australia Agriculture; property; tourism 114   1.20  
90   1.53   John Borg and Michael Borg Australia Manufacturing n/a not listed
91   1.50   Phillip Dong Fang Lee Australia[13] Property development 85   1.50  
92   1.49   Nick Andrianakos and family Australia Property 122   1.10  
93   1.49   John Richards and family Australia Waste management 92   1.49  
94   1.44   Chris Morris Australia Computershare; financial services; hospitality 102   1.40  
95   1.47   Andy Kennard and family Australia Kennards Hire 96   1.40  
96   1.46   Dale Elphinstone Australia Elphinstone Group; mining services 97   1.40  
97   1.45   Mark Creasy Australia Resources 86   1.50  
98   1.45   Arthur Laundy Australia Hotels 93   1.40  
99   1.43   Judith Neilson Australia Investment 98   1.40  
100   1.42   John Kahlbetzer Australia Agriculture 103   1.40  
101   1.41   Alex Waislitz Australia Investment 82   1.51  
102   1.39   Justin and Bettina Hemmes and family Australia Hotels; property 128   1.10  
103   1.35   Peter Freedman Australia Røde Microphones; manufacturing 186   0.701  
104   1.34   Robert Millner and family Australia Washington H Soul Pattinson; investment 104   1.40  
105   1.32   Robert Bastas Australia Retail, manufacturing 138   0.990  
106   1.31   Con Makris and family Australia Property 121   1.20  
107   1.31   Nicholas Paspaley and family Australia Paspaley Pearls 108   1.30  
108   1.30   Raphael Geminder Australia Manufacturing 87   1.50  
109   1.28   Ervin Vidor and Charlotte Vidor Australia Property; hotels 112   1.28  
110   1.27   Larry Kestelman Australia Dodo Services; telecommunications 123   1.10  
111   1.26   Nick Molnar Australia Afterpay; technology 90   1.50  
112   1.26   Anthony Eisen Australia 91   1.50  
113   1.26   Reg and Hazel Rowe Australia Super Retail Group; property 115   1.20  
114   1.25   Laurie Sutton Australia Retail 143   0.938  
115   1.24   Marnie Lewis-Millar, Shay Lewis-Thorp and family Australia Property 139   0.964  
116   1.24   Kerr Neilson Australia Financial services 111   1.30  
117   1.24   Dick Honan Australia Manildra Group 116   1.20  
118   1.24   Raymond Barro and Rhonda Barro Australia Construction 70   1.80  
119   1.24   Jack Zhang Australia Financial services; Airwallex 180   0.732  
120   1.23   Lyn Ingham and family Australia Ex-Inghams Enterprises; manufacturing 113   1.20  
121   1.22   Brian Flannery Australia Resources 117   1.20  
122   1.22   Trevor St Baker Australia Energy 88   1.50  
123   1.20   Charles Gibbon Australia Technology 130   1.00  
124   1.15   Naomi Milgrom Australia Sussan; Sportsgirl; Suzanne Grae 118   1.20  
125   1.14   Rod Spooner and family Australia Property; Caribbean Gardens 124   1.10  
126   1.11   James Ferguson and Robert Ferguson Australia Technology 131   1.00  
127   1.10   Rod Duke Australia Briscoe Group 119   1.20  
128   1.10   Robin Khuda Australia Technology 189   0.655  
129   1.10   Sam Prince Australia Zambrero; retail 125   1.10  
130   1.09   Tim Goyder Australia Resources 155   0.848  
131   1.08   Ryan and Sam Kroonenburg Australia Technology 129   1.08  
132   1.08   Will Vicars Australia Financial services 109   1.30  
133   1.07   Bruce Gordon Australia Media 110   1.30  
134   1.06   Max Beck Australia Property 157   0.825  
135   1.06   Nick DiMauro Australia Property 132   1.00  
136   1.06   Ian Malouf Australia Waste services 167   0.784  
137   1.06   Neville Crichton Australia Retail 163   0.798  
138   1.05   Huang Bingwen and family Australia Manufacturing 105   1.40  
139   1.04   Peter Scanlon and family Australia Patrick Corporation; logistics, investment 126   1.10  
140   1.03   Megan Wynne and Bruce Bellinge Australia Human services 99   1.40  
141   1.00   Arnold Vitocco Australia Property 133   1.00  
142   0.995   Spiros Alysandratos Australia Travel; property 137   0.995  
143   0.990   Lloyd Williams Australia Property; thoroughbreds 141   0.948  
144   0.989   Greg Coffey United States Financial services 154   0.862  
145   0.972   Theo Karedis Australia Retail; property 140   0.952  
146   0.969   Sunny Ngai and family Australia Manufacturing 148   0.895  
147   0.966   Kim Cannon Australia Financial services n/a not listed
148   0.950   Douglas Clarke Australia Manufacturing 100   1.40  
149   0.950   Grant Petty Australia Manufacturing 101   1.40  
150   0.947   Denis Wagner and family Australia Construction; mining services 135   1.00  
151   0.943   Michael Gregg Australia Technology 190   0.648  
152   0.935   Harry Stamoulis and family Australia Manufacturing 144   0.935  
153   0.913   Peter Hughes and family Australia Agriculture 164   0.795  
154   0.912   Tim Gurner Australia Property 145   0.929  
155   0.907   Shirley Costa and family Australia Agriculture 149   0.889  
156   0.901   Joy Chambers-Grundy[note 1] Australia Media n/a not listed
157   0.900   Jamuna Gurung and Shesh Ghale Australia Melbourne Institute of Technology 136   1.00  
158   0.885   Neil Rae and family Australia Ex-Gull Petroleum 150   0.888  
159   0.885   Andrew Roberts Australia Ex-Multiplex; property 134   1.00  
160   0.875   Robert Whyte Australia Investment 146   0.925  
161   0.862   Tony Walls Australia Technology 120   1.20  
162   0.860   Mick Power Australia Investment 179   0.740  
163   0.856   Tania Austin Australia Retail 159   0.814  
164   0.852   Roy Medich Australia Property 152   0.878  
165   0.850   Gordon Fu and family Australia Property 142   0.945  
166   0.844   Allan Myers Australia Investment; agriculture 151   0.883  
167   0.832   Diane Burger and family Australia Property 158   0.818  
168   0.828   Richard Smith Australia Food services 165   0.790  
169   0.823   Michael Boyd Australia Sonic Healthcare 178   0.744  
170   0.822   Don McDonald and family Australia Agriculture 160   0.813  
171   0.820   John Singleton Australia Media; investment; property 170   0.768  
172   0.804   George Kepper Australia Technology; property 168   0.781  
173   0.800   Zareh Nalbandian Australia Entertainment n/a not listed
174   0.799   Cyan and Collis Ta'eed and family Australia Technology 147   0.913  
175   0.785   Paul Fudge Australia Resources 169   0.769  
176   0.780   Andrew and Michael Buxton Australia Property 172   0.764  
177   0.780   John Symond Australia Ex-Aussie Home Loans 162   0.800  
178   0.778   Joanna Horgan and Peter Wetenhall Australia Retail 182   0.725  
179   0.788   George Koukis Switzerland Software 166   0.788  
180   0.766   David Tudehope and Aiden Tudehope Australia Macquarie Telecom 156   0.842  
181   0.763   Kerry Harmanis Australia Resources 171   0.766  
182   0.755   Tony Denny Australia Retail; property 175   0.749  
183   0.755   Maree Isaacs Australia Technology n/a not listed
184   0.748   Peter Barber Australia Manufacturing n/a not listed
185   0.747   Christian Beck Australia Technology 153   0.869  
186   0.740   Tony Tarak and family Australia Services 181   0.727  
187   0.734   Rhonda Wyllie and family Australia Investment 173   0.758  
188   0.734   John Higgins Australia Investment; services 174   0.750  
189   0.730   Zig Inge and family Australia Property 183   0.714  
190   0.729   Kim McKendrick and family Australia Ex-Godfrey Hirst Carpets 177   0.746  
191   0.721   Kevin Seymour and family Australia Property 176   0.747  
192   0.721   Terry Peabody Australia Ex-Transpacific; investment 188   0.698  
193   0.718   Shangjin Lin and family, Yunhui Lin Australia Property 161   0.807  
194   0.710   Peter Cooper Australia Financial services 185   0.703  
195   0.710   Robert Magid Australia Property 184   0.710  
196   0.700   Garry Rothwell Australia Property 187   0.700  
197   0.700   John Winning Australia Retail n/a not listed
198   0.695   Nicole Kidman and Keith Urban[note 1] Australia Entertainment n/a not listed
199   0.693   Gerry Ryan Australia Manufacturing n/a not listed
200   0.690   Bob Rose and Margaret Rose and family[note 1] Australia Property n/a not listed

Removed from the 2023 list edit

The following individuals, who appeared on the Financial Review Rich List 2022, did not appear on the 2023 list:

Notes edit

  • ^1 : Individual was listed on a previous year's list, that was not the 2022 Rich List.[14]
  • ^2 : Previous years' listing was in the name of David Hains. Hains died on 22 January 2023.[15]
  • ^3 : Previous years' listing was in the joint names of Bill and Imelda Roche. Bill Roche died on 30 June 2022.[16]

See also edit

References edit

  1. ^ a b c d Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  2. ^ a b Kruger, Colin (30 October 2020). "What crisis? Red dirt billionaires still rule the rich list". Sydney Morning Herald. Retrieved 31 October 2020.
  3. ^ Sprague, Julie-anne; Bailey, Michael (28 October 2020). "Meet the debutants storming up the Rich List". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  4. ^ Jackson, Sally (23 May 2012). "The $29.17 billion woman: Gina Rinehart tops BRW's Rich List". The Australian. Retrieved 23 May 2012.
  5. ^ Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". News.com.au. Australia. Australian Associated Press. Retrieved 27 July 2011.
  6. ^ "BRW Rich 200 2011 Wealth Index". BRW. Australia. 25 May 2011. Archived from the original on 28 September 2011. Retrieved 27 July 2011.
  7. ^ Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200". Australian Financial Review. Australia. Retrieved 7 June 2016.
  8. ^ Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News. Australia. Retrieved 7 October 2019.
  9. ^ 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.
  10. ^ 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.
  11. ^ 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.
  12. ^ Jukes, Peter (2012). The Fall of the House of Murdoch: Fourteen Days That Ended a Media Dynasty. London: Unbound. ISBN 978-1-908717-43-6.
  13. ^ Chenoweth, Neil (21 March 2022). "Star witness fights ATO disclosure order after $272m tax bill". Australian Financial Review. Retrieved 16 June 2023.
  14. ^ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  15. ^ Bailey, Michael; Thomson, James (23 January 2023). "James Packer, Lloyd Williams lead tributes to David Hains". Australian Financial Review. Retrieved 23 January 2023.
  16. ^ "William ROCHE Death Notice - Sydney, New South Wales". Sydney Morning Herald. Retrieved 5 November 2022.

External links edit

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