{"id":37742,"date":"2022-03-30T10:17:17","date_gmt":"2022-03-29T21:17:17","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=37742"},"modified":"2022-03-30T10:17:17","modified_gmt":"2022-03-29T21:17:17","slug":"australias-richest-250-the-top-10-biggest-property-powerbrokers-revealed-watch","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australias-richest-250-the-top-10-biggest-property-powerbrokers-revealed-watch\/","title":{"rendered":"Australia\u2019s richest 250: The top 10 biggest property powerbrokers revealed | WATCH"},"content":{"rendered":"

PHOTO: Australia\u2019s richest 250<\/strong><\/p>\n

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Big names in property have made a splash in this year\u2019s list of Australia\u2019s richest 250 people.<\/p>\n<\/div>\n

This year\u2019s list, compiled by\u00a0The Australian<\/a>, features a large number of powerbrokers from the property industry, with the highest entrant \u2013 Harry Triguboff \u2013 ranking at number six overall on the list with an eye-popping total wealth of $20.81 billion.<\/p>\n

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Property Sector Dominates Australia\u2019s Rich List<\/a><\/h2>\n<\/header>\n<\/div>\n
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Billionaire Harry Triguboff, pictured with Olympic champion swimmer Emma McKeon, came in as the highest ranking property powerbroker on The List. Picture: Sam Ruttyn<\/strong><\/em><\/div>\n

Gina Rinehart topped the Richest 250 list overall for 2022, with a massive $32.64 billion in wealth. Fellow mining magnate Andrew Forrest came in second with a combined wealth of $31.77 billion.<\/p>\n

Anthony Pratt was third with $27.77 billion, while Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar are fourth and fifth with wealth of $26.20 and 25.99 billion respectively.<\/p>\n

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Australia\u2019s Richest 250<\/a><\/h2>\n<\/header>\n<\/div>\n

Cannon-Brookes has been very active in the last few years buying up homes, after\u00a0dropping $100 million\u00a0on the stunning Fairwater mansion, and also\u00a0sp<\/a>ending $24.5 million\u00a0on Jen Hawkins Newport home.<\/p>\n

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‘Fairwater’ in Point Piper was purchased by tech-billionaire Mike Cannon-Brookes. Picture by James Croucher<\/strong><\/em><\/div>\n

Harry Triguboff is sixth on the list with $20.81 billion in assets, while Clive Palmer came in at number seven, nearly doubling his wealth for a second year in a row valued at $18.35 billion.<\/p>\n

Triguboff, aka \u2018high-rise Harry\u2019 is an Australian billionaire real estate developer, and is the highest ranking property mogul on the list. He is the founder and managing director of Meriton.<\/p>\n

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Australia\u2019s top 10 Aussie property powerbrokers. Picture: Supplied<\/strong><\/em><\/div>\n

He began his working life in the textile business, making his move into real estate in the early 1960s.<\/p>\n

The 89-year old found success providing higher-density living options in Sydney, which had been traditionally dominated by freestanding houses. He\u2019s reportedly put up more than 75,000 apartments to date, according to\u00a0Forbes<\/a>.<\/p>\n

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2022 Australia\u2019s 250 wealthiest individuals | The Rich List<\/a><\/h2>\n<\/header>\n<\/div>\n
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An impression of Pacific, a twin supertower project proposed for Surfers Paradise on the Gold Coast by Meriton boss Harry Triguboff.<\/strong><\/em><\/div>\n

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Harry Triguboff in his office at Meriton. Picture: John Appleyard<\/strong><\/em><\/div>\n

The total wealth on the 2022 list is a combined $520.20 billion, in 2021 it was $470.07 billion.<\/p>\n

The average wealth on the list is $2.08 billion with 131 billionaires on the list, last year the average wealth was $1.88 billion<\/p>\n

Property was the highest money-making sectors from the list, with 59 people on the list making their mint in the property sector.<\/p>\n

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John Gandel \u2014 who came in second on the list of property powerbrokers \u2014 pictured with partner Pauline at the Triceratops Fate of the Dinosaurs on March 10, 2022. Picture: FIONA HAMILTON PHOTOGRAPHY<\/strong><\/em><\/div>\n

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And its little surprise that our richest people call some of the country\u2019s ritziest regions home, with the most popular suburb for those on the list to live being Toorak in Melbourne, with 20 people owning property there.<\/p>\n

NSW dominated the next most popular spots for the richest 250 to live, with Point Piper (12), Vaucluse (11), Mosman Park (6). NSW can also lay claim to the highest number of people from the list with 98 residents, Victoria has 71, Queensland 32, WA 21, SA 5, NT 2 and Tasmania and the ACT 1 each, while 19 live overseas.<\/p>\n

The other professions on the list were technology with 29, investment 28, retail 27, mining 22, manufacturing 14, healthcare 13, financial services 12, agriculture 10, and construction 10.<\/p>\n

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Australia’s richest 250 wealth at a glance. Picture: The Australian<\/strong><\/em><\/div>\n

This year\u2019s list has more members from the technology sector than ever before but some of the so-called older industries, such as manufacturing, showed resilience.<\/p>\n

\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,\u201d Editor of The List, John Stensholt, said.<\/p>\n

\u201cIt has also helped create a record number of new names on The List, with 29 debutants. Despite the pandemic, some sectors \u2013 retail in particular \u2013 have done incredibly well and created a surge in new wealth on The List.\u201d<\/p>\n

https:\/\/www.youtube.com\/watch?v=xwWSnYEHggw<\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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