But all the wealth in the world didn't help him in the 2019 federal election; his United Australia party failed to win a single seat. She ended up dropping out of the university to go and work for her father at Hancock Prospecting. Tim Roberts, son of Multiplex found John Roberts, clawed his way to 30th on the 2019 Rich List, up from 73rd in 2018. Required fields are marked *. The founders of buy-now-pay-later phenomenon Afterpay, Nick Molnar and Anthony Eisen; zeitgeist fitness app Sweat, Kayla Itsines and Tobi Pearce; digital assets marketplace Envato, Collis and Cyan Ta'eed; and medical imaging revolutioniser Pro Medicus, Anthony Hall, have all barnstormed on to the list for the first time. This year’s list includes a record 91 billionaires. Pratt's net worth this year is estimated at $15.57 billion, which marks a substantial increase from his 2018 wealth of $12.9 billion. Iron ore miner Gina Rinehart is second (with wealth of $13.81 billion) followed by apartment mogul Harry Triguboff who has defied the property slowdown to lift his wealth from $12.77 billion to $13.54 billion. Your email address will not be published. He found success in business by providing higher-density living options in Sydney, which has traditionally been dominated by freestanding homes. Cotton On founder Nigel Austin started out by selling denim jackets out of the back of his Ford Bronco in Geelong's Beckley Market in 1988 and has worked his way up to a net worth of $2.68 billion. Prior to making billions in the software industry, he repaired guitars for bands including AC/DC, among various other entrepreneurial ventures. Australia is positively rolling in it. They are led by Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes who are in the top 10 for the first time, with fortunes over $9 billion each, after shares in their NASDAQ-listed company nearly doubled in value in one year.
Atlassian co-founder and co-CEO Scott Farquhar started his career with low expectations. With an estimated net worth of $14.6 billion, Australian mining magnate Gina Rinehart is the wealthiest person in Australia, that’s according to CEOWORLD magazine’s Australia Rich List Index For 2020. He also recently pledged to donate $1 million to help fight fires in New South Wales. But those in tech are easily the quickest builders of wealth in a record-breaking Financial Review Rich List. You can click on any of the buttons below to follow us on our social media channels; or to get in touch with the founder, Dan Western, head over to the 'contact' page. Wealthy Gorilla is one of the fastest growing self-development websites worldwide; with articles and stories covering everything from quotes, net worths, richest lists, self-development lessons, and more. The Richest People in Australia ought to be those who have taken advantage of Australia’s balanced economy. The gambling entrepreneur, who is in his 90s, in 2018 sold most of his shares in Ainsworth for $473 million. This year the Rich List includes the valuations of the 50 people who almost made the list: many of them are old-timers who have been overtaken by newer Rich Listers, but there are some up-and-comers who seem destined to crack the Rich 200 in the near future. In addition to various office developments keeping his Walker Corporation busy, Walker himself is an investor in biotech and diagnostic companies. With an estimated net worth of $14.6 billion, Australian mining magnate Gina Rinehart is the wealthiest person in Australia, that’s according to CEOWORLD magazine’s Australia Rich List Index For 2020. (adsbygoogle = window.adsbygoogle || []).push({}); Australia’s richest individuals and families have been revealed for 2020.
Gandel acquired the majority of his wealth through the development of commercial real estate, but also through shopping centres located in Melbourne, Australia.
The son of the late media magnate Kerry Packer and also Mariah Carey's former fiancé, James Packer is ranked at 13 with a fortune of $4.94 billion. ", Your email address will not be published. Hains is perhaps best known for restructuring US steelmaker Wheeling-Pittsburgh. He is also a major investor in renewables and alternative food and recently announcing that early-stage funding had been secured for the $20 billion Sun Cable solar farm project – a scheme also backed by mining magnate and philanthropist Andrew "Twiggy" Forrest. However, as co-chairman of News Corp and executive chairman and CEO of Fox Corporation, he is likely to have made it on to the list top 200 regardless.
Lang Walker, with a fortune of $4.67 billion, has been in the property development game for more than 50 years. To identify the wealthiest people in Australia, CEOWORLD magazine reviewed numerous national and international media reports, and all estimated net worth figures are in U.S. dollars.