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The 50 Richest People In Australia

By January 12, 2017 Mindset & Knowledge

Ever wondered who the richest people in Australia are, what they do and how much they’re worth?

 

#50 Marcus Blackmore

Richest People In Australia - Marcus Blackmore

Who: Marcus Blackmore is the chairman of a vitamin and herbal supplements company called Blackmores.
Age: 73
Location: Sydney
Industry: Retail
Net Worth: $500 Million

 

#49 Gretel Packer

Richest People In Australia - Gretel Packer

Who: Gretel Packer is the daughter Kerry Packer, the owner of Channel 9, Australian Consolidated Consolidated Press and PBL. Once Kerry passed away Gretel and her brother divided up his wealth.
She is supported by her family’s half-owned Crown Resorts and the Packer Family Foundation.
Age: 52
Resident: Sydney
Industry: Media
Net Worth: $510 Million

 

#48 Chris Morris

Richest People In Australia - Chris Morris

Who: Chris Morris the former chairman of Computershare, a global share registry company he co-founded with sister in 1978.
His hospitality business (Colonial Leisure Group), includes 10 pubs in Melbourne, a casino and island in Queensland, restaurants and a brewery in Perth and a castle in Britain.
Chris also holds shares in 2 technology companies focused on parking garages and online advertising sale and is also planning to build an ultra-high-end resort in Queensland.
Age: 70
Residence: Melbourne
Industry: Software & Hospitality
Net Worth: $550 Million

 

#47 Nigel Austin

Richest People In Australia - Nigel Austin

Who: Nigel Austin is the founder and majority owner of Cotton On clothing and stationery group which brands include Supre, Factorie and Typo. The global company was started in 1991 when Nigel started selling acid-wash denim jackets from the boot of his car in Geelong.
Age: 47
Residence: Melbourne
Industry: Retail
Net Worth: $565 Million

 

#46 Bruce Gordon

Richest People In Australia - Bruce Gordon

Who: Bruce Gordon is the owner of WIN Television via his ownership of WIN Corporation, as well as the largest shareholder in both Ten Network Holdings and Nine Entertainment Co. Bruce also has a large property portfolio and has stake in TPG Telecom.
Age: 89
Residence: Bermuda
Industry: Media
Net Worth: $570 Million

 

#45 Graham Turner

Richest People In Australia - Chris Morris

Who: Graham Turner is the co-founder of Flight Centre Travel Group.
He also owns a boutique hotel chain, Spicers Retreats and a bicycle shop. 99 Bikes.
Gragam qualified as a veterinarian and then moved to London to c-found his first travel company (Topdeck) in 1973.
Age: 69
Residence: Brisbane
Industry: Travel
Net Worth: $575 Million

 

#44 Richard Smith

Richest People In Australia - Richard Smith

Who: Richard Smith is the owner of PFD Food Services, one of Australia’s 2 major food distributors.
He joined the company in 1959 as a 19-year-old delivery driver and salesman after emigrating from Scotland.
Richard also owns several racehorses in syndicates with Bruce Mathieson.
Age: 78
Residence: Perth
Industry: Food Distribution
Net Worth: $615 Million

 

#43 Bruce Mathieson

Richest People In Australia - Bruce Mathieson

Who: Bruce Mathieson’s wealth has increased with canny hotel sales and with his investment in the durg company Mayne Pharma.
He also owns 25% Australian Leisure & Hospitality Group which is Australia’s largest hotel and pub operator.
Age: 74
Residence: Gold Coast
Industry: Hotels
Net Worth: $640 Million

 

#42 Brett Blundy

Richest People In Australia - Brett Blundy

Who: Brett Blundy sold property and retail interests in 3 IPOs over the past 14 months. His BB Retail Capital retains some interests in retailing’spanning jewelry, homemaker centers, lingerie and home-wares.
Brett is building a beef cattle empire in northern Australia to feed Asian demand.
Age: 58
Residence: Singapore
Industry: Retail
Net Worth: $645 Million

 

#41 Maha Sinnathamby

Richest People In Australia - Maha Sinnathamby

Who: Maha Sinnathamby was born in Malaysia and is the owner of Springfield Land which has been used to build 2 train stations, a town center, a golf course, a hospital, 10 schools and 30,000 residents.
Age: 78
Residence: Brisbane
Industry: Real Estate
Net Worth: $650 Million

 

#40 Ralph Sarich

Richest People In Australia - Ralph Sarich

Who: Ralph Sarich owns several real estates including luxury units in Noosa and a central city office tower.
Age: 79
Residence: Perth
Industry: Real Estate
Net Worth: $660 Million

 

#39 Reg Rowe

Richest People In Australia - Reg Rowe

Who: Reg Rowe owns 30% of the Supercheap Auto chain.
Supercheap auto was starting in 1972 by selling car batteries by mail order from a Brisbane home.
Reg also owns 50% of Excel Development Group, spanning office, apartment and housing lot developments and nearly 40 bulky goods stores.
Age: 73
Residence: Brisbane
Industry: Retail
Net Worth: $675 Million

 

#38 Con Makris

Richest People In Australia - Con Makris

Who: Con Makris owns 9 malls and 2 office towers and also has approval to develop a 5-star hotel in Adelaide.
Age: 73
Residence: Adelaide
Industry: Real Estate
Net Worth: $700 Million

 

#37 Judith Neilson

Richest People In Australia - Judith Neilson

Who: Con Makris owns 9 malls and 2 office towers and also has approval to develop a 5-star hotel in Adelaide.
Age: 73
Residence: Adelaide
Industry: Real Estate
Net Worth: $700 Million

 

#36 Sam Tarascio

Richest People In Australia - Sam Tarascio

Who: Sam Tarascio owns real estate in Melbourne, including 2 distribution sites, a business park, a large shopping mall, a market and several inner-city apartment developments.
Sam migrated from Italy in the 1950s and worked as a Pharmaceutical Salesman and then built a warehouse.
Age: 74
Residence: Melbourne
Industry: Real Estate
Net Worth: $735 Million

 

#35 John Kahlbetzer

Richest People In Australia - John Kahlbetzer

Who: John Kahlbetzer owns the Twynam Agricultural Group as well as land in Argentina and Australia.
Age: 87
Residence: Argentina
Industry: Agriculture
Net Worth: $740 Million

 

#34 Robert Ingham

Richest People In Australia - Robert Ingham

Who: Robert Ingham made his fortune in chicken processing but sold his business in 2013.
Age: 86
Residence: Sydney
Industry: Agriculture
Net Worth: $745 Million

 

#33 Len Ainsworth

Richest People In Australia - Len Ainsworth

Who: Len Ainsworth founded Aristocrat in 1953 which is now the world’s second-biggest gaming machine company.
Stepped aside in 1994 after cancer scare and at the age of 72 founded Ainsworth Game Technology.
Age: 95
Residence: Sydney
Industry: Betting Machines
Net Worth: $760 Million

 

#32 Tony & Ron Perich

Richest People In Australia - Tony Perich

Who: Tony & Ron Perich are brothers who own Greenfields property development which is selling more than 12,000 houses.
They started out with a dairy business and they now have 2,000 cows on 11,000 hectares of land.
Tony & Ron also own more than half of listed Freedom Foods and a big share in Australian Fresh Milk Holdings which is Australia’s largest dairy milking operation.
Age: N/A

Residence: Sydney
Industry: Agriculture & Real Estate
Net Worth: $770 Million

 

#31 Paul Little

Richest People In Australia - Paul Little

Who: Paul Little is the former owner of Toll Holdings, a logistics firm.
He is now focused on development apartments in Melbourne.
Age: 70
Residence: Melbourne
Industry: Logistics& Property
Net Worth: $830 Million

 

#30 Solomon Lew

Richest People In Australia - Solomon Lew

Who: Solomon Lew is involved in importing apparel, toys and other goods into Australia from China.
He has also made several share market investments primary in retail companies.
Age: 73
Residence: Melbourne
Industry: Retail
Net Worth: $920 Million

 

#29 Angela Bennett

Richest People In Australia - Angela Bennett

Who: Angela Bennett is the half-owner of the mining company Wright Prospecting;
Age: 73
Residence: Perth
Industry: Mining
Net Worth: $930 Million

 

#28 John Van Lieshout

Richest People In Australia - John Van Lieshout

Who: John Van Lieshout made his first fortune from the Super Mart Furniture chain.
He now has a large property portfolio, including shopping malls and offices and housing developments from his new company, Unison Projects.
Age: 72
Residence: Brisbane
Industry: Real Estate
Net Worth: $970 Million

 

#27 Kerry Stokes

Richest People In Australia - Kerry Stokes

Who: Kerry Stokes is the chairman of Channel Seven and also holds business interests in various industries including mining, property, media and construction equipment.
Age: 77
Residence: Melbourne
Industry: Media & Mining
Net Worth: $1 Billion

 

#26 Lang Walker

Richest People In Australia - Lang Walker

Who: Lang Walker has been in the building industry for more than 50 years.
He sold most of his property development company, Walker Corp twice. Once in 1999 before the dot-com bubble and again in 2006 before the financial crisis hit.
Lang Walker now owns industrial estates, office towers and residential projects.
Age: 73
Residence: Sydney
Industry: Property
Net Worth: $1.02 Billion

 

#25 Beverly Barlow & Russel Withers

Richest People In Australia - Russell Withers

Who: Beverly Barlow & Russ Withers own 7-Eleven and Starbucks in Australia.
Age: N/A

Residence: Melbourne
Industry: Retail
Net Worth: $1.09 Billion

 

#24 Maurice Alter

Richest People In Australia - Maurice Alter

Who: Maurice Alter immirated to Australia from Poland after World War One.
He now owns malls in Melbourne, northern Victoria and Adelaide.
Age: 93
Residence: Melbourne
Industry: Real Estate
Net Worth: $1.1 Billion

 

#23 Bob Ell

Richest People In Australia - Bob Ell

Who: Bob Ell founded his real estate firm in 1976 and made his first fortune in the Sydney industrial property market.
He now owns three shopping malls in Queensland and a fourth in Canberra.
He also has large residential projects in New South Whales and in Queensland where he owns 15,000 lots and will soon own a 45-level apartment tower in Gold Coast.
Age: 73
Residence: Queensland
Industry: Property
Net Worth: $1.2 Billion

 

#22 Andrew Forrest

Richest People In Australia - Heloise Waislitz

Who: Andrew Forrest started his first mining company Minara Resources in 1994 and nine years later he founded the Fortescue Metals Group which mines and ships iron ore to China.
Age: 56
Residence: Perth
Industry: Mining
Net Worth: $1.24 Billion

 

#21 Alan Rydge

Richest People In Australia - Alan Rydge

Who: Alan Rydge is the chairman and lead shareholder of Sydney-headquartered cinema, hotel and ski resort group Amalgamated Holdings.
He is also chairman of Carlton Investments, which buys blue chip stocks.
Age: 66
Residence: Sydney
Industry: Entertainment
Net Worth: $1.27 Billion

 

#20 Heloise Waislitz

Richest People In Australia - Heloise Waislitz

Who: Heloise Waislitz holds investments in more than 20 companies ranging from gas and mining services to renewable energy, airline bookings and biotechnology.
She also owns roughly 30% of the company Thorney Opportunities and a property portfolio.
Age: 55
Residence: Melbourne
Industry: Investment
Net Worth: $1.3 Billion

 

#19 Gerry Harvey

Richest People In Australia - Gerry Harvey

Who: Gerry Harvey co-founded of Norman Ross, an electronics retailer in 1961.
In 1982 he co-founded the electrical-goods and furniture chain Harvey Norman.
Gerry also has a large property portfolio and horse-racing interests, including more than 1,000 horses, the Magic Millions auction market and several studs in Australia and New Zealand.
Age: 78
Residence: Sydney
Industry: Retail
Net Worth: $1.4 Billion

 

#18 Jack Cowin

Richest People In Australia - Jack Cowin

Who: Jack Cowin is the owner of built his fortune on fried chicken, burgers and pizzas.
He started as an insurance salesman and then moved onto owning one KFC outlet after emigrating from Canada in 1969.
Jack then started the Australian franchise operations for Burger King which he renamed to Hungry Jacks.
He is also the chairman and a major shareholder of Domino’s Pizza, and holds a big stake in BridgeClimb, the Sydney Harbour Bridge tourist attraction.
Age: 76
Residence: Sydney
Industry: Fast Food
Net Worth: $1.5 Billion

 

#17 Stanley Perron

Richest People In Australia - Stanley Perron

Who: Stanley Perron is one of Australia’s biggest landlords with a portfolio that covers the country.
He owns commercial high-rises, regional airports, large shopping malls and a city car park.
Stanly’s first job was carving boxes to hold handkerchiefs and selling them door-to-door.
Age: 95
Residence: Perth
Industry: Property
Net Worth: $1.54 Billion

 

#16 Leslie Alan, John & Bruce Wilson

Richest People In Australia - Leslie Alan

Who: Leslie the executive chairman of Australia’s biggest bathroom and plumbing supplies chain, Reece.
He and his 2 brothers John and Bruce, together own 70% of the company.
Age: N/A

Residence: Melbourne
Industry: Retail
Net Worth: $1.6 Billion

 

#15 Scott Farquhar

Richest People In Australia - Scott Farquhar

Who: Scott Farquhar is the co-founder of business software company Atlassian.
The company is regularly voted Australia’s best place to work and sells 15 software products, including HipChat messaging for businesses, JIRA project tracking.
Scott and his partner Mike Cannon-Brookes started their venture in 2012.
Age: 38
Residence: Sydney
Industry: Software
Net Worth: $1.8 Billion

 

#14 Mike Cannon-Brookes

Richest People In Australia - Mike Cannon-Brookes

Who: Mike Cannon-Brookes is the co-founder of Atlassian which has has 51,000 customers including eBay, NASA, Citigroup and Tesla.
Age: 38
Residence: Sydney
Industry: Software
Net Worth: $1.8 Billion

 

#13 Michael Hintze

Richest People In Australia - Michael Hintze

Who: Michael Hintze is the founder of CQS, a global multi-strategy asset management firm.
Michael was raised in Australia and served a three years in the army before making his way to London in the 1980s.
Age: 65
Residence: London
Industry: Inventment
Net Worth: $1.8 Billion

 

#12 Fiona Geminder

Richest People In Australia - Fiona Geminder

Who: Fiona Geminder owns 40% of Pact Group, a plastic packaging company.
She also has a stake in Visy, her family’s paper packaging and recycling business.
Age: 53
Residence: Melbourne
Industry: Packaging
Net Worth: $1.83 Billion

 

#11 Kerr Neilson

Richest People In Australia - Kerr Neilson

Who: Kerr Neilson is best known as a financial guru.
He is an Australian investment manager and the co-founder and managing director of Platinum Asset Management.
Age: 68
Residence: Sydney
Industry: Investment
Net Worth: $1.85 Billion

 

#10 David Hains

Richest People In Australia - David Hains

Who: David Hains continues to work for his family’s private hedge fund, the Portland House Group.
Age: 88
Residence: Melbourne
Industry: Finance
Net Worth: $1.9 Billion

 

#9 David Teoh

Richest People In Australia - David Teoh

Who: David Teoh is the executive chairman of TPG and owns more than a third of the company.
David migrated from Malaysia in 1986.
Age: 62
Residence: Sydney
Industry: Telecommunications
Net Worth: $1.95 Billion

 

#8 Lindsay Fox

Richest People In Australia - Lindsay Fox

Who: Lindsay Fox owns Linxfox which is Australia’s biggest privately held logistics company with more than 5,000 trucks across 10 countries throughout Asia-Pacific region.
He also owns Armaguard, a large industrial property portfolio, a half-share in a business park and an ailing airport.
Lindsay quit school at the age of 16 to become a truck driver and bought his first truck when he was 19 years old.
Age: 81
Residence: Melbourne
Industry: Logistics & Real Estate
Net Worth: $2.8 Billion

 

#7 John Gandel

Richest People In Australia - John Gandel

Who: John Gandel half of Chadstone which has more than 500 stores.
He also has a big stake in property trust Vicinity Centres (they own the other half of Chadstone) and 98 other malls and outlets.
Age: 84
Residence: Melbourne
Industry: Shopping Malls
Net Worth: $3.2 Billion

 

#6 James Packer

Richest People In Australia - James Packer

Who: James Packer owns 53% of Crown Casino.
Age: 50
Residence: Los Angeles
Industry: Casinos
Net Worth: $3.5 Billion

 

#5 Anthony Pratt

Richest People In Australia - Anthony Pratt

Who: Anthony Pratt is the Executive Chairman of Visy Industries and Pratt Industries, the world’s largest privately owned packaging and paper company.
Age: 58
Residence: Melbourne
Industry: Manufacturing
Net Worth: $3.6 Billion

 

#4 Frank Lowy

Richest People In Australia - Frank Lowy

Who: Frank Lowy is the former chairman of the giant shopping mall Scentre and the current chairman of Westfield.
Age: 87
Residence: Sydney
Industry: Shopping Malls
Net Worth: $5 Billion

 

#3 Harry Triguboff

Richest People In Australia - Harry Triguboff

Who: Harry Triguboff is the founder and managing director of Meriton, Australia’s biggest apartment builder.
He he came to Australia as a teenager and began his working life in the textile business
Harry then moved into real estate in the early 1960s.
Age: 85
Residence: Sydney
Industry: Property
Net Worth: $6.9 Billion

 

#2 Gina Rinehart

Richest People In Australia - Gina Rinehart

Who: Gina Rinehart is a mining heiress and chairman of Hancock Prospecting, a privately owned mineral and exploration company founded by her father Lang Hancock.
She also owns a stake in Ten television network and is now the largest owner of prime wagyu cattle in Australia.
Age: 64
Residence: Perth
Industry: Mining
Net Worth: $8.5 Billion

 

#1 Blair Parry-Okeden

Richest People In Australia - Blair Parry-Okeden

Who: Blair Parry-Okeden, the richest person in Australia, inherited a quarter Cox Enterprises which is a that company was started by her grandfather, James M. Cox who was also governor of Ohio, twice.
Age: 68
Residence: New South Wales
Industry: Media
Net Worth: $8.8 Billion

 
Source: Forbes – Australia’s 50 Richest People

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