A political brawl has broken out over a change to how superannuation is taxed, but what on earth does it all really mean for you? The Mineralogy founder and United Australia leader lays claim to $18.35 billion in assets, up from $9.76 billion recorded in the 2021 Richest 250 list. A unique collection of NFTs celebrates their success. Mr Hallinan, who lives in a luxury penthouse with a rooftop pool on Melbournes St Kilda Rd, plans to launch a yoga, meditation and pilates brand later this year and has invested in a restaurant on the site of the former Grandmaster Records studio in Hollywood. It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business pay staff well, hire more women and stay out of the way. By John Stensholt March 25, 2022 Wealth The $1bn ship that saved Christmas for Moose Toys Considered the most comprehensive study of the wealthiest Australians, The List is curated and edited by wealth expert John Stensholt and a team of researchers and . Both these companies seemingly came out of nowhere (though we all know deep-down these start-ups worked their guts out). A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. The executive chairman of Hancock Prospecting is the richest person in Australia with an estimated net worth of A$36.38 billion, rising from A$16.25 billion last year. .bTWqPM.bTWqPM li{display:list-item;}/*!sc*/ Gina Rinehart tops this years edition of The List, with a fortune of $32.64 billion. Harry Triguboff $20.81 billion 7. Anthony Pratt, who is #3 on the list inherited Visy, the paper company founded by his late father, Richard. Some may see that as a negative, but its actually a positive to buy now because youre not paying that premium. While property is the overall winner, its mining that dominates the top 10 wealthiest. Enter your email address to subscribe to this site and receive notifications of new posts by email. We strongly recommend that you obtain independent advice before you act on the content. .gfNauG.gfNauG{max-width:1030px;padding:0px 15px;margin:auto;}/*!sc*/ Frank Lowy $8.90 billion 12. Bron is the editor of Your Money & Your Life. Big names in property have made a splash in this years list of Australias richest 250 people. Gina Rinehart has been named the nation's richest person in the Australian's 2022 The List: Australia's Richest 250. You can access the latest stories from the journalists youre following here. Weekly money, life and business news delivered to your inbox. The breakdown of sectors is as follows: property - 23.60% Has Aussie billionaire created the next tech unicorn? After two years, the "puppy" had grown to an alarming size of 250 pounds and developed a peculiar ability to walk on two legs. Harry Triguboff $20.81 billion 7. at number two, Visy executive chairman and owner of Pratt Industries. Australias richest 250 wealth at a glance. That's a jump from $377 billion to $470 billion. Two things Richest 250 members have in common, Rinehart tops Richest 250, Canvas Perkins the big mover, The Australian brings you the countrys richest as NFTs, Simple lessons in David Dickers 25-year overnight success, Cars and politics fuel Clive Palmers passion play, High flyers: Private jets the new toy of choice, Richest 250 recast: Young tech stars topple old guard, Helping other tech unicorns find their feet, Packer $400m richer by lunch, but sliding down Richest 250 list, How our biggest names thrived during the pandemic, Millionaires secret to picking right stocks. Read More. Four out of the top 10 billionaires made their money in mining. @media (max-width:767px){.hzYKFv.hzYKFv{margin:2.5rem 0 0 0;}}/*!sc*/ Andrew Forrest $31.77 billion 3. Six drinks industry billionaires have scored a spot on The Australian's Richest 250 List, the biggest annual study of the country's wealthiest individuals. So, what are your chances of making a billion (or several) in property? Atlassians Mike Cannon-Brookes says Australia needs to build its own Netflixes and Ubers to remain globally competitive. But who did the best? Billionaire investor Alex Waislitz has up to six unlisted companies in his portfolio that he believes are headed to public markets. The eighth and ninth positions are where the . This field is for validation purposes and should be left unchanged. The real art is in putting things together in a better way. Her work has appeared frequently on SBS, news.com.au, ABC Radio and various parenting publications. The technology revolution has arrived, changing the face of the ranks of Australias wealthiest individuals. Brendan Casey, Property Journalist and Editor. Its been fun uncovering the new names coming up amongst the old guard of The List and sharing their stories.. The Australian unveils its second annual list of Green Power Players in 2023, Ticky Fullerton leaves The Australian for CEO role at Australian British Chamber of Commerce, Christopher Dore steps down as editor in chief of The Australian, Bianca Chatfield a key member of Fox Netball team for season 2022. Meet the little-known powerhouses, including one worth $1bn, who made The Richest 250 for the first time. Andrew Forrests R.M. Institutional investors may see Blackstones Crown offer as close to the mark, but James Packer will be eyeing potential rival bids. Scott Farquhar $25.99 billion 6. The List - Australia's Richest 250. Aside from investing in the right property (and plenty of it), or founding a massively helpful technology company, your next best way to make The List is to inherit your wealth. An internal audit has confirmed cameras linked to the Chinese government had been installed within the heart of the ABC. Copyright 2023 Private Media Pty Ltd. Publishers of Crikey. Picture: The Australian. Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. But who did best of all? Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. Billionaire mining magnate Gina Rinehart tops this year's edition of The List - Australia's Richest 250, ahead of notable business identities including Andrew Forrest, Mike Cannon-Brookes, Anthony Pratt and Clive Palmer. .fVFFaP.fVFFaP li{display:list-item;}/*!sc*/ Mike Cannon-Brookes $26.20 billion 5. Andrew Forrest $31.77 billion 3. But they dont hold back when they are asked about their tips for staying fit. The list is topped by Anthony Pratt, who has a whopping $13.14billion in the bank. Rinehart tops Richest 250, Canvas Perkins the big mover. The entire fortune of Australia's wealthiest 250 is valued at $318.33 billion, with each member having an average of $1.27 billion. Atlassians Scott Farquhar has made several canny private investments, as he racks up an increasingly impressive record of picking start-up winners. The artworks, which were commissioned especially by The List: Australias Richest 250, are of the top 20 richest Australians, as well as a few young guns. 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. Although he did have to give up skiing recently. Kerry Stokes $7.43 billion 14. The 10 Richest People In Australia Revealed [2022] 1. To put that into some perspective, Australias gross domestic product is $1.9 trillion; the superannuation sector is worth $3 trillion. Gina Rinehart topped the Richest 250 list overall for 2022, with a massive $32.64 billion in wealth. Clive Palmer $18.35 billion 8. It should not be relied on as finance or tax advice. Picture: Sam Ruttyn. Williams deal captured plenty of attention, but he has about $20bn of other assets across a diverse range of sectors. Cliff Obrecht $15.89 billion 9. Gina Rinehart (Resources/Agriculture) - $34.02 billion 2021 Rank: 1 2020 Rank: 1 Wealth Change: +$2.96 billion 2. Scott Farquhar $25.99 billion 6. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of US$ 14.8 billion; a US$ 2.6 billion decrease in her personal net worth of US$ 17.4 billion, as estimated by Forbes in 2018. is releasing a collection of non-fungible token (NFT) artworks to help raise funds for the St Vincent de Paul Societys Flood Appeal. BOOM times in the Australian beef industry are in clear evidence in a compilation of Australia's 250 richest individuals published by The Australian on the weekend. Rinehart No1 as pizzas also deliver a packet, Economy dire for 12-18 months: pub baron, Property doyen Kevin Seymour parks opinion, Gurner warns of apartments shortage and COVID rental crisis, Rich-list solar farm wins federal support, Up $11bn, Forrest has a profitable pandemic, Freedom Foods increases writedown and cuts staff, Pandemic a healthy boost for Chemist Warehouse, High-stakes probe into Packers Crown to resume, What an $88bn property play can tell you about the market, find out more about our policy and your choices, including how to opt-out here. The List Australia's Richest 250 is published in The Weekend Australian today and is also available online. We hope that our NFT artworks of the top 20 Richest 250 on The List become collectable in themselves.. Debutantes on The List are tech gurus, healthcare experts and some veterans of business whove made big money during the pandemic. Dr Andrew "Twiggy" Forrest (Resources) - $30.72 billion 2021 Rank: 2 2020 Rank: 2 Wealth Change: +$3.47 billion 3. By Anthony Pratt & family $27.77 billion 4. Australia's very rich got even richer in the last year. Picture: John Appleyard. 1. Entrepreneur Anthony Pratt says super funds should help to build the export capability of the nations manufacturing sector. But perhaps most ironic of all, was knowing that one of those 30 had pipped every man to the post for the second year running. Feedback Tania Austin, the owner of Decjuba, is one of the most impressive new names on The List Australias Richest 250 this year. Were talking people with more than $400m to their name, but after swimming with the billionaires, it just doesnt seem enough, does it? Gina Rinehart is the richest person in Australia, with a . The Sydney tech giant says its new headquarters will be the worlds tallest hybrid timber building, and generate 2500 jobs. Will the same happen here? It might be worth doing a search of the list to see if any familiar names crop up? Among his iron ore, nickel and coal holdings, Palmer is also the founder of the United Australia Party, with independent MP Craig Kelly the party's first representative in the lower house. has been compiled using publicly available information. Remarkably, the Rich Listers loot would have been even higher had the list cut-off been just a fortnight later than April 19, when the iron ore price was in a slight dip. , and in recognition of this changing of the guard. Clive Palmer $18.35 billion 8. The top 10 on The List are wealthier than ever before, led by two of the countrys most successful businesswomen who have changed the face of corporate Australia. The List Australias Richest 250 reinforces how tech, resources and energy are interdependent and all are crucial given our challenging strategic outlook. Mr Hallinan compares his commitment to that of an Olympic athlete theyre not getting there with balance but says turning 40 made him realise theres a whole lot more that is way more rewarding than just being super successful. Im with the most important people in my life, and really, Im thinking about my next deal.. .bTWqPM.bTWqPM a{font-size:0.75rem;line-height:1rem;font-family:"Pangea","Helvetica Neue",Helvetica,Arial,sans-serif;font-variation-settings:"XTDR" 50,"APRT" 100,"SPAC" 40;font-weight:400;color:var(--ck-textSecondary);}/*!sc*/ The hottest trophy asset for Australias rich elite right now is a $100m jet. Then it pays to have these two traits that the founders of Canva and Meriton share, the editor of the Richest 250 tells the Money Cafe podcast. Harry Triguboff $20.81 billion 7. For Nick Andrianakos, a journey of discovery to the lucky country has led to an estimated $894m petroleum fortune built over a lifetime. Australia's richest person is officially Gina Rinehart, as the boom in commodity prices boosts her mining operation Hancock Prospecting. Billionaire Alexandra Burt fell in love with the magic of ballet at five years old; now shes among our most generous arts donors. .juvbvE.juvbvE button > svg{color:var(--ck-textPrimary);}/*!sc*/ PROPERTY has dominated the 2022 edition of The Australian 's The List of Australia's 250 wealthiest people, with Meriton boss Harry Triguboff coming in sixth place with a fortune of $20.81 billion. And dont be put off by whether interest rates will rise or not. Billionaire Scott Farquhar is worth $21.95bn. The List is the biggest annual study of Australias 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in mid-February 2022. Winners included Nick Molnar, co-founder of Afterpay, whose wealth last year of $864m was pocket change to his $3.2b this year (and brings him into the Top 25) and the Canva crew. Melanie Perkins and Cliff Obrecht of Canva reach the top 10 for the first time as wealth surges and 29 fresh faces appear in the overall list this year. The Australian is also releasing a collection of non-fungible token (NFT) artworks. There is nothing I wouldnt sacrifice, he says. ADVERTISE. Where indicated, third parties have written and supplied the content and we are not responsible for it. Clive Palmer $18.35 billion 8. Meet Laurence Escalante, the the fast car-obsessed thirtysomething now worth more than $2b is proof that videogaming does pay | THE LIST: Australias Richest 250. Summing up his achievement, Mr Pratt quotes Van Halen leader singer David Lee Roth: Money cant buy you happiness, but it can buy you a yacht big enough to pull up right alongside it., See the The List Australias Richest 250 in full in a special 84-page magazine in The Weekend Australian today, To join the conversation, please Paul Lederers investments have survived the COVID-19 shutdown, though one business got smashed. Mining magnate and political wildcard Clive Palmer is the seventh richest Australian with an estimated net worth of $18.35 billion. He was federal secretary of the Media, Entertainment & Arts Alliance until April 2015, and is a past president of the International Federation of Journalists. Keep informed with what is happening with property and real estate in New Zealand. Become a subscriber to get full access to the website, as well as our premium newsletters. Queensland billionaire Clive Palmer owns dozens of mansions on the Gold Coast and plenty of gold. Business leaders warn the construction sector could go backwards and the economy wont simply bounce back. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. The average fortune of Australia's 250 richest people is $1.27 billion, and their combined wealth equals almost $320 billion. Keep informed with what is happening with property in Australia. Instead of viewing a multitude of news sites to find out the very latest property news simply come here. Obrecht reportedly proposed to Perkins in Turkey in 2019 with an engagement ring that cost just $30. The billionaire still has more than $3bn of property assets after converting a sheep paddock into a huge office precinct. While the average wealth of the top 250 is $1.88b, mining magnate Gina Rinehart dwarfs that figure and tops the list with her massive $32.64 billion wealth. Keep informed with what is happening with property across the globe. The Australian today announced Gina Rinehart has taken out top spot on its third annual edition of The List: Australia's Richest 250 which will be published in The Weekend Australian tomorrow as a special 84-page magazine.. The List: Australias Richest 250magazine is available today inThe Australianand online attheaustralian.com.au/rich250. .fVFFaP.fVFFaP{list-style:none;display:block;-webkit-column-fill:auto;-webkit-column-fill:auto;column-fill:auto;-webkit-column-count:4;column-count:4;height:100px;display:none;overflow-x:hidden;}/*!sc*/ Property News Real Estate News. The total wealth on the 2022 list is a combined $520.20 billion, in 2021 it was $470.07 billion. Virtual Gaming Worlds founder Laurence Escalante has joined The List - Australia's Richest 250 for the first time, worth an eye-watering $2.15billion. We are guided by a deceptively simple, old idea: tell the truth and shame the devil. But how he chooses to spend it is unique. Chances are that if you purchased something online during the COVID-19 pandemic, it arrived at your door in a cardboard box made by Anthony Pratt's business.Pratt is the executive chairman of Visy Industries and Pratt Industries in America, the world's largest privately owned packaging and paper company. Today, they're worth $470 billion. @media (max-width:767px){.gfNauG.gfNauG{padding:0px 15px;}}/*!sc*/ Shepherdson College, which was . An impression of Pacific, a twin supertower project proposed for Surfers Paradise on the Gold Coast by Meriton boss Harry Triguboff. John Gandel who came in second on the list of property powerbrokers pictured with partner Pauline at the Triceratops Fate of the Dinosaurs on March 10, 2022. For the second year running, the booming price of Australian iron ore has put Gina Rinehart at No. Billionaire property developer and Richest 250 lister Lang Walker cant handle people using COVID as an excuse.. NSW dominated the next most popular spots for the richest 250 to live, with Point Piper (12), Vaucluse (11), Mosman Park (6). Australias Richest 250: Property produces more billionaires than any other sector, Politicians just cant keep their hands off our superannuation, The new work-from-home tax rules explained, If youve guaranteed your childs loan, you could be in big trouble, DO NOT keep savings in a transaction account, The best blue-chip stocks over the last 10 years, Surely our super funds can do better than this we deserve better, The best performing assets over the last 10 years, Finding the best kids savings accounts is certainly not childs play, Teens and money: Help your teen unlock the power of compounding, Its time to take control and set some debt limits, 5 things that self-made millionaires do differently, Thinking of joining an MLM as your side hustle? The inquiry originally was expected to call James Packer and Lawrence Ho to give evidence. Picture by James Croucher. Australias billionaires have thrived during the pandemic year - and some on this years Rich List have reaped even bigger rewards from a soaring iron ore price. Bennett is one of a record 39 women 18 per cent of the 220 people on the list (it includes several couples). 2015, PROPERTY NEWS AGGREGATION | are()n/, If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: info@propertynoise.co.nz. A sector thats considerably less accessible to the average punter than property. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. However, Rinehart admitted late April that the record prices could not last as lower-cost countries with higher-grade resources brought on supply. Tania Austin, who helped former husband Nigel Austin grow fashion retailer Cotton On, debuts with an estimated wealth of $721 million after success with womens fashion chain Decjuba. Tania Austin, the owner of Decjuba, is one of the most impressive new names on The List - Australia's Richest 250 this year. DespiteMolnars early success,the average age of Australias richest people remains unsurprisingly high at 65 years of age, while among the 250 members of the rich list, there were only 30 women. Keep informed with what is happening with property in Auckland, New Zealand. Follow the topics, people and companies that matter to you. The worlds biggest solar farm backed by Mike Cannon-Brookes and Andrew Forrest wins major project status from the Morrison government. Current research is now showing us that the final stages of the last sea level rise caused one of Australia's largest and richest freshwater bodies, Lake Carpentaria, to be inundated by the rising ocean. Fairwater in Point Piper was purchased by tech-billionaire Mike Cannon-Brookes. Canva and Aferpay are both the kind of company that proves we dont mind it when clever, helpful people become wealthy all of a sudden. Which celeb real estate agents would star in a NZ version of Selling Sunset? It has also helped create a record number of new names on The List, with 29 debutants. Ivan Glasenberg $9.10 billion 11. Its been a good pandemic for Australias richest people, and The Weekend Australian (of all places) has now revealed just how good: the total wealth of the richest 250 Australians is up about 25%. Ruslan Kogan, kogan.com founder and former young rich-lister, is backing a plant-based meat firm called Deliciou. .iwiQAo.iwiQAo.iwiQAo.iwiQAo ::-webkit-scrollbar{display:none;}/*!sc*/ Melanie Perkins $15.89 billion 10. .dkDJIp{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-box-pack:start;-webkit-justify-content:flex-start;-ms-flex-pack:start;justify-content:flex-start;-webkit-align-items:stretch;-webkit-box-align:stretch;-ms-flex-align:stretch;align-items:stretch;padding:0;}/*!sc*/ Harvey Norman is flying for the billionaire, but he has had less luck with some of his other investments. @media (max-width:767px){.bTWqPM.bTWqPM{-webkit-column-count:2;column-count:2;height:200px;}}/*!sc*/ That's the finding of The List: Australia's Richest 250, a compilation of the nation's wealthiest people compiled and published in The Australian. The uninitiated in takeaway food are now using it and dont want to get out of their cars boosting the cornerstone business of the Jack Cowin empire. The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in late February 2022. In addition to acquiringR.M. Alina Gozina. Clive Palmer $4.51b (mining) Bianca Rinehart $4.49b . Designed using Magazine Hoot. Heres why. Theyre not exactly destitute, but these 12 prominent billionaires have had a cool $40bn wiped from their wealth as tech stocks and other industries suffer big falls. Crikey acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Despite the pandemic, some sectors retail in particular have done incredibly well and created a surge in new wealth on The List. He leads the charge at #6, with $17.2b made through property developer Meriton. People see really successful people as the successful people that theyd love to be, but to be incredibly successful at any one thing, youre actually living a very insulated life. Another mining giant still benefitting from the iron ore prices upgrade in 2020 was Andrew Twiggy Forrest. It has also helped create a record number of new names on The List, with 29 debutants. The richest Australian in 20212 is none-other than mining magnateGina Rinehart. Cliff Obrecht $15.89 billion 9. It doesnt surprise Your Empire founder Chris Gray, in the slighest. Heres how it works: While much of the wealth accumulated by Australias richest people is subject to anonymity,The Australians list takes into account net worth calculations based on public records. Each day, many times a day, every daywe update the site to ensure we have your property and real estate news in one handy place. The Club consists of the owners of those 38 apartments, which range in price from $4 million to about $25 million and sit on floors 32 to 49 in Capitol Grand. But he once tried to join the Army, which would have meant Australias biggest tech company may not have been born | THE LIST: Our richest 250. Its not all work for the big players on The List: The Richest 250. of Canva reach the top 10 for the first time as wealth surges and 29 fresh faces appear in the overall list this year. As John Stensholt, Editor The List rightly points out, the explosion of wealth in the technology secure has been a driving catalyst for new rich listers. For Nick Andrianakos, a journey of discovery to the lucky country has led to an estimated $894m petroleum fortune built over a lifetime. Lang Walker $5.03 billion 18. Australia's Richest 250 List propertynoise.co.nz is about sharing all things real estate and property inNew Zealand(and a bit of Australia and International too). This years list, compiled by The Australian, features a large number of powerbrokers from the property industry, with the highest entrant Harry Triguboff ranking at number six overall on the list with an eye-popping total wealth of $20.81 billion. Triguboff, aka high-rise Harry is an Australian billionaire real estate developer, and is the highest ranking property mogul on the list. Poker machine king Len Ainsworth once had a hole blown in his factory roof by a bomb. Nationwide News Pty Ltd 2023. Its not just hard work, it means that I wake up and Im already thinking about work. Chinese steel makers demand for their product means our iron ore billionaires have so far been spared Beijings arbitrary tariffs which have dented the fortunes of some coal miners and winemakers on the Rich List. New-age businesses and technology start ups are going to make the list here and there, but property is always going to be there, he says. Im in the shower and thinking about it. Industry:Mining Business: Fortescue Metals Group Role: Chairman Wealth in 2021: AUD$29.61 billion Change: 7%. Dr Jerry Schwartz is attempting to develop a helipad atop his 38-level hotel in Darling Harbour to support tourism and business. Dont try to time the market, says Gray. The List: Australias Richest 250 is curated and edited by wealth expert John Stensholt and a team of researchers and journalists. But Jonathan Hallinan says its lonely at the top. She has been writing in the Australian online space for over 10 years. data-styled.g519[id="style__SEOFooterContainer-sc-1j6h7ak-1"]{content:"gfNauG,"}/*!sc*/ Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. The Rich List issue of AFR Magazine is out on Friday, May 28. The $1.5 billion business is pushing a global expansion. Property developers have generally fared better this year other than those heavily concentrated on city hotels and apartments as low interest rates reinflate a boom that never really went away. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. .iwiQAo.iwiQAo.iwiQAo.iwiQAo{-ms-overflow-style:none;-webkit-scrollbar-width:none;-moz-scrollbar-width:none;-ms-scrollbar-width:none;scrollbar-width:none;}/*!sc*/ People make money in property and, perhaps even more importantly, people hold money in property.. You can. Their e-tail software company popped on its NASDAQ debut last August, but has been on the slide because of profit-taking and lack of analyst coverage. .fVFFaP.fVFFaP a{font-size:0.75rem;line-height:1rem;font-family:"Pangea","Helvetica Neue",Helvetica,Arial,sans-serif;font-variation-settings:"XTDR" 50,"APRT" 100,"SPAC" 40;font-weight:400;color:var(--ck-textSecondary);}/*!sc*/ After that, property kicks into play. Of the 250 people who made the list, the average wealth sat around AUD$2.08 billion, up from AUD$1.88 billion last year. Instilling good financial know-how from an early age is also a focus. The artworks, which were commissioned especially by. Many members have also made their fortunes in industries such as investment (28 members), retail (27 members), and mining (22 members). They wind down in various ways, from the sporty to the leisurely or just collecting ritzy houses. All times AEDT (GMT +11). Its insulating, he told The Weekend Australian after coming in at number 112 on the newspapers inaugural list of the nations 250 richest individuals. So who has bought one? According toThe Australian, the list is the biggest annual study of Australias 250 wealthiest individuals undertaken in the country. She is followed again by Andrew Forrest with $27.2 billion, up from $23 billion last time. The List: Australia's Richest 250 2022 Top 20 1. Christopher Warren is an Australian journalist and writer. So who has bought one? Prefer us not to? Please login to engage in the commentary. The valuations are undertaken by the Rich List editors and an analyst and are minimum estimates. Gina Rinehart $32.64 billion 2. The spectacular success of Gina Rineharts Roy Hill mine has been almost 30 years in the making, with some nailbiting moments along the way | THE LIST: Australias Richest 250. The all-powerful Packer family was once Australias wealthiest but iron ore barons and tech unicorns have leapt ahead of James. If it sounds too good and big to be true, unstoppable property developer Lang Walker knows its the project for him as he loves nothing more than proving the doubters wrong. The Canva founders were rejected by more than 100 investors before they got their first yes. Anthony Pratt & family $27.77 billion 4. 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.