{"id":37635,"date":"2022-03-26T09:05:30","date_gmt":"2022-03-25T20:05:30","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=37635"},"modified":"2022-03-26T09:05:30","modified_gmt":"2022-03-25T20:05:30","slug":"australias-richest-250","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australias-richest-250\/","title":{"rendered":"Australia\u2019s Richest 250"},"content":{"rendered":"

PHOTO: The List<\/strong><\/p>\n

The Australian<\/a>\u00a0has published its fourth annual edition of\u00a0The List: Australia\u2019s Richest 250<\/i>\u00a0as a gloss large format magazine and on\u00a0theaustralian.com.au<\/a>.<\/p>\n

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Gina Rinehart<\/b>\u00a0tops this year\u2019s edition of\u00a0The List<\/i>, with a fortune of $32.64 billion. Joining Rinehart in the top 5 are Fortescue Metals chairman\u00a0Andrew Forrest<\/b>\u00a0at number two, Visy executive chairman and owner of Pratt Industries,\u00a0Anthony Pratt<\/b>\u00a0at number three, and Atlassian founders\u00a0Mike Cannon-Brookes<\/b>\u00a0and\u00a0Scott Farquhar<\/b>\u00a0who came in at fourth and fifth on\u00a0The List<\/i>.<\/p>\n

The List<\/i>\u00a0is the biggest annual study of Australia\u2019s 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in mid-February 2022.\u00a0The List: Australia\u2019s Richest 250<\/i>\u00a0is curated and edited by wealth expert\u00a0John Stensholt<\/b>\u00a0and a team of researchers and journalists.<\/p>\n

Stensholt said: \u201cThe technology revolution is heralding a shift from \u2018old\u2019 industries such as mining and manufacturing to newer online sectors, bringing significant change to the ranks of the country\u2019s wealthiest individuals.<\/p>\n

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2022 Australia\u2019s 250 wealthiest individuals | The Rich List<\/a><\/h2>\n<\/header>\n<\/div>\n

\u201cIt has also helped create a record number of new names on\u00a0The List<\/i>. Despite the pandemic, some sectors \u2013 retail in particular \u2013 have done incredibly well and created a surge in new wealth on\u00a0The List<\/i>.\u00a0Melanie Perkins<\/b>\u00a0and\u00a0Cliff Obrecht<\/b>\u00a0of Canva reach the top 10 for the first time as wealth surges and 29 fresh faces appear in the overall list this year.<\/p>\n

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Support independent Australian news aggregation<\/a><\/h2>\n<\/header>\n<\/div>\n

\u201cIt\u2019s been fun uncovering the new names coming up amongst the old guard of\u00a0The List<\/i>\u00a0and sharing their stories.\u201d<\/p>\n

Technology has well and truly impacted\u00a0The List<\/i>, and in recognition of this changing of the guard,\u00a0The Australian<\/i>\u00a0is releasing a collection of non-fungible token (NFT) artworks to help raise funds for the St Vincent de Paul Society\u2019s Flood Appeal.<\/p>\n

The NFT\u2019s are tokens attached to digital artworks created by illustrator\u00a0Rebel Challenger<\/b>, who has a long career in media as a graphic designer and art director. She has also illustrated several children\u2019s books. The artworks, which were commissioned especially by\u00a0The List: Australia\u2019s Richest 250<\/i>, are of the top 20 richest Australians, as well as a few young guns.<\/p>\n

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Why Clive Palmer\u2019s enormous wealth DOUBLED to $18.35billion in just a year<\/a><\/h2>\n<\/header>\n<\/div>\n

The Australian\u2019s editor-in-chief\u00a0Christopher Dore<\/b>\u00a0said: \u201cMost of the top 250 wealthiest Australians are collectors, whether it be of art, supercars, or spectacular property. We hope that our NFT artworks of the top 20 Richest 250 on\u00a0The List<\/i>\u00a0become collectable in themselves.\u201d<\/p>\n

The List: Australia\u2019s Richest 250<\/i>\u00a0has this year risen to a total wealth of $520.20 billion, at an average of $2.08 billion for each of the 250 members. Included in\u00a0The List<\/i>\u00a0are 131 billionaires, 29 newcomers, and 30 women. The average age of members is 65, with 98-year-olds\u00a0Len Ainsworth<\/b>\u00a0(Aristocrat Leisure and Ainsworth Game Technology founder) and\u00a0Marc Besen<\/b>\u00a0(TarraWarra) the eldest named and 32-year-old\u00a0Nick Molnar<\/b>\u00a0(Afterpay) The List\u2019s youngest member.<\/p>\n

Property continues to be the main source of wealth, with 59 of Australia\u2019s wealthiest making their fortune from the industry with the technology sector moving up the list (29 members). Many members have also made their fortunes in industries such as investment (28 members), retail (27 members), and mining (22 members).<\/p>\n

The List<\/i>\u00a0has been compiled using publicly available information. 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. Price companies are valued using profit margins and various earnings ratios of comparable stock market listed competitors.<\/p>\n

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The List: Australia\u2019s Richest 250<\/b><\/p>\n

2022 Top 20<\/b><\/p>\n<\/div>\n

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1.\u00a0 \u00a0\u00a0Gina Rinehart $32.64 billion
\n2.\u00a0 \u00a0\u00a0Andrew Forrest $31.77 billion
\n3.\u00a0 \u00a0\u00a0Anthony Pratt & family $27.77 billion
\n4.\u00a0 \u00a0\u00a0Mike Cannon-Brookes $26.20 billion
\n5.\u00a0 \u00a0\u00a0Scott Farquhar $25.99 billion
\n6.\u00a0 \u00a0\u00a0Harry Triguboff $20.81 billion
\n7.\u00a0 \u00a0\u00a0Clive Palmer $18.35 billion
\n8.\u00a0 \u00a0\u00a0Cliff Obrecht $15.89 billion
\n9.\u00a0 \u00a0\u00a0Melanie Perkins $15.89 billion
\n10.\u00a0\u00a0Ivan Glasenberg $9.10 billion
\n11.\u00a0\u00a0Frank Lowy $8.90 billion
\n12.\u00a0\u00a0Alan Wilson & family $8.11 billion
\n13.\u00a0\u00a0Kerry Stokes $7.43 billion
\n14.\u00a0\u00a0Richard White $5.94 billion
\n15.\u00a0\u00a0Cameron Adams $5.43 billion
\n16.\u00a0\u00a0John Gandel $5.05 billion
\n17.\u00a0 Lang Walker $5.03 billion
\n18.\u00a0\u00a0Jack Cowin $4.82 billion
\n19.\u00a0\u00a0Len Ainsworth & family $4.62 billion
\n20.\u00a0\u00a0Lindsay Fox $4.36 billion<\/p>\n<\/div>\n

The List: Australia\u2019s Richest 250<\/i>\u00a0magazine is available today in\u00a0The Australian<\/i>\u00a0and online at\u00a0theaustralian.com.au\/rich250<\/a><\/i>.<\/strong><\/p>\n

READ MORE VIA MEDIA WEEK<\/a><\/p>\n

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