PHOTO: #5: Frank Lowy
Wealth: $8.42 billion (up $160 million)
Industry: Property (Westfield)
Cardboard king Anthony Pratt is once again the richest person in Australia, taking out the BRW Rich List for the second year in a row with a personal fortune of $12.9 billion.
Pratt and his family own and operate cardboard box and recycling giant Visy, and have capitalised on the almost overnight growth of Pratt Industries in the United States.
Pratt took out the 2017 list with a personal wealth of $12.9 billion. Over 12 months he has increased his wealth by $310 million to once again be named the richest living Australian.
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READ MORE VIA NINE.COM.AU