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Forbes list of Australia's 50 richest people

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This article is about the Forbes Asia list of Australia's 50 Richest people. For the list published by The Australian Financial Review and formerly known as the BRW Rich 200, see Financial Review Rich List.

Forbes list of
Australia's 50 richest people
List of 50 Australians, ranked in order of net worth
Publication details
PublisherForbes
PublicationForbes Asia magazine and online
Latest publicationJanuary 15, 2019
Current list details (2019)[1]
Wealthiest AustralianGina Rinehart
Net worth (1st)Decrease US$14.8 billion
Entry point (50th)Increase US$750 million
Forbes list of Australia's 50 richest people website

The Forbes list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by Forbes Asia magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online.

In 2019, the entry mark for the 50th richest individual was US$750 million. 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. 2019 marked the eighth time that Rinehart had headed the list.[1]

Prior to 2013, the list included the forty richest people in Australia; expanded to Australia's fifty wealthiest individuals and families in 2013.

Lists by year

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Members of Australia's 50 richest people

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The table below is the list compiled by Forbes Asia, comparing movement from the previous year:

Forbes Asia
Australia's 50[note a] richest
Name 2011[2][3] 2012[4] 2013[5] 2014[6] 2015[7]
Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion)
Gina Rinehart 1 Increase 9.00 Increase 1 Steady 18.00 Increase 1 Steady 17.00 Decrease 1 Steady 17.70 Increase 1 Steady 11.70 Decrease
Harry Triguboff 5 Decrease 3.40 Increase 6 Decrease 4.00 Increase 6 Steady 4.60 Increase 7 Decrease 4.30 Decrease 2 Increase 5.60 Increase
Anthony Pratt 7 Increase 2.70 Increase 7 Decrease 3.40 Increase 7 Steady 4.50 Increase 2 Increase 7.00 Increase 7 Decrease 3.50 Decrease
Frank Lowy 4 Decrease 4.30 Increase 5 Decrease 4.40 Increase 4 Increase 5.30 Increase 6 Decrease 4.60 Decrease 3 Increase 5.00 Increase
Mike Cannon-Brookes n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 25 Increase 1.10 Increase
Scott Farquhar n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed
Andrew Forrest 2 Decrease 6.90 Increase 3 Decrease 5.30 Decrease 5 Decrease 4.80 Increase 5 Steady 5.00 Increase 10 Decrease 2.10 Decrease
John Gandel 6 Decrease 3.30 Increase 8 Decrease 3.20 Decrease 8 Steady 3.50 Increase 8 Steady 3.20 Decrease 6 Increase 3.60 Increase
James Packer 3 Steady 4.40 Increase 4 Decrease 4.50 Increase 3 Increase 6.00 Increase 3 Steady 6.60 Increase 4 Decrease 4.70 Decrease
Lindsay Fox 11 Decrease 1.70 Increase 14 Decrease 1.60 Decrease 14 Steady 1.95 Increase 11 Increase 2.20 Increase 9 Increase 2.90 Increase
Kerry Stokes 10 Increase 1.90 Increase 12 Decrease 1.80 Decrease 13 Decrease 2.00 Increase 16 Decrease 1.60 Decrease 23 Decrease 1.20 Decrease
Michael Hintze 15 Decrease 1.40 Increase 16 Decrease 1.40 Steady 16 Steady 1.55 Increase 15 Increase 1.70 Increase 15 Steady 1.90 Increase
Wilson Family 13 Decrease 1.50 Decrease 17 Decrease 1.35 Decrease 15 Decrease 1.60 Increase 13 Increase 1.90 Increase 14 Increase 2.00 Increase
Lang Walker 22 Increase 0.95 Increase 21 Increase 0.95 Steady 18 Increase 1.20 Increase 21 Decrease 1.16 Decrease 21 Steady 1.20 Increase
Fiona Geminder n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 12 Increase 2.10 Increase
Maurice Alter 32 Decrease 0.70 Increase 30 Increase 0.78 Increase 32 Decrease 0.89 Increase 30 Decrease 0.96 Increase 19 Increase 1.20 Increase
David Hains 9 Increase 2.00 Increase 11 Decrease 2.00 Steady 11 Steady 2.30 Increase 12 Decrease 2.10 Decrease 11 Increase 2.10 Steady
Clive Palmer n/a not listed 29 Increase 0.80 Increase 31 Decrease 0.90 Increase 50 Decrease 0.55 Decrease n/a Decrease not listed
Heloise Waislitz n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 13 Increase 2.00 Increase
Tony & Ron Perich n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 39 Increase 0.75 Increase
Jack Cowin n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 29 Increase 1.00 Increase
Angela Bennett 12 Increase 1.55 Increase 9 Increase 2.30 Increase 30 Decrease 0.90 Decrease 25 Increase 1.01 Increase 31 Decrease 0.97 Decrease
David Teoh n/a not listed n/a Increase not listed 29 Increase 0.91 Increase 17 Increase 1.50 Increase 17 Steady 1.60 Increase
Solomon Lew 18 Decrease 1.15 Increase 20 Decrease 1.10 Decrease 19 Increase 1.16 Increase 26 Decrease 1.00 Decrease 30 Decrease 0.98 Decrease
Brett Blundy n/a not listed 39 Increase 0.66 Increase 33 Increase 0.84 Increase 39 Increase 0.71 Decrease 38 Increase 0.77 Increase
Bob Ell n/a not listed n/a not listed 26 Increase 0.96 Increase 22 Increase 1.10 Increase 19 Increase 1.20 Increase
John Van Lieshout 24 Decrease 0.87 Increase 24 Steady 0.87 Steady 21 Decrease 1.04 Increase 28 Decrease 0.97 Decrease 27 Increase 1.00 Increase
Gerry Harvey 17 Decrease 1.20 Decrease 23 Decrease 0.90 Decrease 28 Decrease 0.93 Increase 20 Increase 1.18 Increase 18 Increase 1.30 Increase
Kerr Neilson 8 Decrease 2.40 Increase 10 Decrease 2.10 Decrease 9 Increase 2.50 Increase 10 Decrease 2.90 Increase 8 Increase 3.00 Increase
Sam Tarascio n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 42 Increase 0.71 Increase
Terry Snow n/a not listed n/a Steady not listed 39 Increase 0.76 Increase 46 Decrease 0.62 Decrease n/a Decrease not listed
Judith Neilson n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed
Alan Rydge n/a not listed n/a not listed 25 Increase 0.98 Increase 23 Increase 1.03 Increase 22 Increase 1.20 Increase
Maha Sinnathamby n/a not listed n/a Steady not listed n/a Steady not listed 42 Increase 0.69 Increase 40 Increase 0.74 Increase
Paul Little 34 Decrease 0.67 Decrease 35 Decrease 0.71 Increase 37 Increase 0.78 Increase 37 Steady 0.72 Decrease 37 Steady 0.82 Increase
Len Ainsworth n/a not listed n/a not listed 22 Increase 1.03 Increase 18 Increase 1.30 Increase 24 Decrease 1.20 Decrease
Bruce Mathieson 28 Steady 0.73 Increase 37 Decrease 0.69 Decrease 42 Decrease 0.73 Increase 35 Decrease 0.75 Increase 48 Decrease 0.61 Decrease
Con Makris n/a not listed n/a not listed 47 Increase 0.66 Increase 45 Increase 0.63 Decrease 46 Decrease 0.64 Increase
Russ Withers and family of the late Beverley Barlow n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed
Ralph Sarich n/a not listed n/a not listed 44 Increase 0.71 Increase 44 Steady 0.66 Increase 44 Steady 0.66 Increase
Richard Smith 30 Increase 0.71 Increase 31 Decrease 0.74 Increase 35 Decrease 0.79 Increase 32 Decrease 0.84 Decrease 45 Decrease 0.65 Decrease
John Kahlbetzer n/a not listed n/a not listed 34 Increase 0.83 Increase 34 Steady 0.76 Decrease 36 Decrease 0.83 Increase
Christopher Morris 33 Increase 0.69 Increase n/a not listed 48 Increase 0.65 Increase 47 Increase 0.59 Decrease 47 Steady 0.63 Increase
^[note a] Up until 2013, the list included Australia's 40 Richest people; expanded to Australia's 50 Richest people in 2013.
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Former members of Australia's 50 richest people

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The table below is an extract from the list compiled by Forbes Asia showing individuals who were once on the list yet are not on the current list. Where appropriate, the list compares movement from previous years:

Forbes Asia
Australia's 50 Richest former members
Name 2011[2][3] 2012[4] 2013[5] 2014[6] 2015[7] 2016[8] 2017[9]
Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion) 		Rank Net worth
(US$ billion)
Blair Parry-Okeden[note e] n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 1 Increase 8.88 Increase n/a Decrease not listed
Ivan Glasenberg n/a not listed 2 Increase 7.20 Increase 2 Steady 6.70 Decrease 4 Decrease 6.30 Decrease 5 Decrease 4.40 Decrease n/a Decrease not listed n/aSteady not listed
Paul Salteri 21 Decrease 0.98 Increase 22 Decrease 0.94 Decrease 23 Decrease 1.00 Increase 27 Decrease 0.99 Decrease 28 Decrease 1.00 Increase n/a Decrease not listed n/aSteady not listed
Raymond Barro n/a not listed n/a Steady not listed 24 Increase 0.99 Increase 24 Steady 1.02 Increase 32 Decrease 0.96 Decrease n/a Decrease not listed n/aSteady not listed
Morry Fraid n/a not listed n/a Steady not listed 36 Increase 0.79 Increase 31 Decrease 0.90 Increase 33 Decrease 0.95 Increase n/a Decrease not listed n/aSteady not listed
Bob Oatley[note d] 25 Decrease 0.85 Increase 25 Steady 0.86 Increase 27 Decrease 0.95 Increase 33 Decrease 0.83 Decrease 34 Decrease 0.91 Increase n/a Decrease not listed n/aSteady not listed
Greg Poche 31 Decrease 0.70 Steady 33 Decrease 0.73 Increase 41 Decrease 0.74 Increase 38 Increase 0.71 Increase 43 Decrease 0.68 Decrease n/a Decrease not listed n/aSteady not listed
Geoff Harris n/a not listed n/a Steady not listed n/a Steady not listed 41 Increase 0.70 Increase 50 Decrease 0.55 Decrease n/a Decrease not listed n/aSteady not listed
Paul Ramsay[note b] 14 Increase 1.45 Increase 13 Increase 1.70 Increase 10 Increase 2.40 Increase 9 Increase 3.00 Increase n/a Decrease not listed n/a Steady not listed n/aSteady not listed
Len Buckeridge 19 Increase 1.10 Increase 19 Steady 1.25 Increase 17 Increase 1.40 Increase 19 Increase 1.20 Decrease n/a Decrease not listed n/a Steady not listed n/aSteady not listed
Mukul Garg 29 Steady 0.74 Increase 38 Decrease 0.69 Decrease 42 Decrease 0.74 Increase 35 Decrease 0.76 Increase n/a Decrease not listed n/a Steady not listed n/aSteady not listed
Ian Norman[note c] 37 Decrease 0.64 Increase n/a Decrease not listed n/a Steady not listed 48 Increase 0.58 Increase n/a Decrease not listed n/a Steady not listed n/aSteady not listed
Lloyd Williams 35 Steady 0.66 Increase 38 Decrease 0.67 Increase 46 Decrease 0.70 Increase 49 Decrease 0.57 Decrease n/a Decrease not listed n/a Steady not listed n/aSteady not listed
Bruno Grollo 29 Increase 0.72 Increase 34 Decrease 0.71 Decrease 40 Decrease 0.74 Increase n/a Decrease not listed n/a Steady not listed n/a Steady not listed n/aSteady not listed
John Grill 27 Decrease 0.77 Increase 28 Decrease 0.80 Increase 45 Decrease 0.71 Decrease n/a Decrease not listed n/a Steady not listed n/a Steady not listed n/aSteady not listed
Travers Duncan n/a not listed n/a Steady not listed 49 Increase 0.63 Increase n/a Decrease not listed n/a Steady not listed n/aSteady not listed n/aSteady not listed
Stan Perron 20 Decrease 1.05 Increase 15 Increase 1.50 Increase 12 Increase 2.10 Increase 14 Decrease 1.80 Decrease 16 Decrease 1.60 Decrease 17 Decrease 1.54 Decrease 15 Increase
Bob Ingham 36 Decrease 0.64 Steady 32 Increase 0.74 Increase 20 Increase 1.15 Increase 29 Decrease 0.97 Decrease 35 Decrease 0.90 Decrease 34 Increase 0.745 Decrease
Reg Rowe n/a not listed n/a Steady not listed 43 Increase 0.73 Increase 43 Steady 0.67 Decrease n/a Decrease not listed Decrease 39 Increase 0.675 Increase
Graham Turner n/a not listed n/a Steady not listed n/a Steady not listed 36 Increase 0.72 Increase 49 Decrease 0.57 Decrease 45 Increase 0.575 Increase
Bruce Gordon 26 Decrease 0.79 Increase 40 Decrease 0.65 Decrease 50 Decrease 0.62 Decrease 40 Increase 0.70 Increase 41 Decrease 0.72 Increase 46 Decrease 0.57 Decrease
Marcus Blackmore n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 50 Increase 0.50 Increase
Tim Roberts n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 49 Increase
Chris Thomas n/a not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed n/a Steady not listed 50 Increase
^[note b] Paul Ramsay died in May 2014, five months after the 2014 list was published.
^[note c] Ian Norman died in May 2014, five months after the 2014 list was published.
^[note d] Bob Oatley died in January 2016, seven months after the 2015 list was published.
^[note e] Blair Parry-Okeden appeared on the list of Australians by net worth in 2016 only. She is a US-citizen and, despite living in Australia,[10] is not eligible for admission on the list.

See also

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References

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  1. ^ a b "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
  2. ^ a b "2010 Australia's 40 Richest". Forbes Asia. 3 March 2010. Retrieved 3 June 2012.
  3. ^ a b "2011 Australia's 40 Richest". Forbes Asia. 2 February 2011. Archived from the original on 10 February 2011. Retrieved 8 February 2011.
  4. ^ a b "2012 Australia's 40 Richest". Forbes Asia. 1 February 2012. Retrieved 3 June 2012.
  5. ^ a b "2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Retrieved 23 May 2013.
  6. ^ a b "2014 Australia's 50 Richest". Forbes Asia. January 2014. Retrieved 30 June 2014.
  7. ^ a b "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
  8. ^ "2016 Australia's 50 Richest". Forbes Asia. January 2016. Retrieved 9 June 2016.
  9. ^ "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
  10. ^ "Billionaires 2019: #153 Blair Parry-Okeden". Forbes. 2019. Retrieved 29 September 2019.
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