Financial Review Rich List 2020
The Financial Review Rich List 2020 is the 37th annual survey of the 200 wealthiest people resident in Australia, published by The Australian Financial Review in The Australian Financial Review Magazine on 30 October 2020.[1]
The net worth of the wealthiest individual, Gina Rinehart, was A$28.89 billion; while the net worth of the 200th wealthiest individual, Nigel Satterley, was A$540 million; up from A$472 million for the 200th individual in 2019.[2] The combined wealth of the 200 individuals was calculated as A$424 bn, an increase of A$72 bn on the previous year;[3] compared with a combined wealth of A$6.4 bn in 1984 when the BRW Rich 200 commenced.[1][3] The list included nineteen debutants, including three of Rinehart's children.[4]
Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; peaking in 2012, when her net worth was assessed at A$29.17 bn.[5] From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ranked third in the 2020 Rich List, after Andrew Forrest AO,[3] Australia's wealthiest individual in 2008.[6][7] Harry Triguboff AO was Australia's wealthiest individual in 2016,[8][9] ranked seventh in the 2020 Rich List.[1]
List of individuals[]
2020[1] | Name | Citizenship | Source of wealth | 2019[10] | ||
---|---|---|---|---|---|---|
Rank | Net worth A$ bn |
Rank | Net worth A$ bn | |||
1 | 28.89 | Gina Rinehart | Australia | Hancock Prospecting; investment | 2 | 13.81 |
2 | 23.00 | Andrew Forrest AO | Australia | Fortescue Metals Group | 8 | 7.99 |
3 | 19.75 | Anthony Pratt | Australia | Visy Industries; Pratt Industries | 1 | 15.57 |
4 | 18.06 | Hui Wing Mau | People's Republic of China Australia[11] |
Shimao Property | 4 | 10.39 |
5 | 16.93 | Mike Cannon-Brookes | Australia | Atlassian | 11 | 9.75 |
6 | 16.69 | Scott Farquhar | Australia | 12 | 9.63 | |
7 | 14.42 | Harry Triguboff AO | Australia | Meriton Apartments | 3 | 13.54 |
8 | 9.18 | Clive Palmer | Australia | Mineralogy and other mining interests; hospitality | 15 | 4.09 |
9 | 8.30 | Sir Frank Lowy AC | Australia | ex-Westfield; property (shopping centres) | 7 | 8.57 |
10 | 6.26 | Kerry Stokes AC | Australia | Property; Seven West Media; resources | 11 | 5.69 |
11 | 5.45 | John Gandel AC | Australia | Property (shopping centres) | 10 | 6.60 |
12 | 4.93 | Alan Wilson and family | Australia | Reece Group | 16 | 4.07 |
13 | 4.69 | James Packer | Australia | Crown Resorts; Consolidated Media Holdings | 13 | 4.94 |
14 | 4.63 | Vivek Chaand Sehgal | Australia | Motherson Sumi Systems | 12 | 5.50 |
15 | 4.60 | Chau Chak Wing | Australia | Property; investments | 58 | 1.55 |
16 | 4.54 | Ivan Glasenberg | Australia[12] South Africa Switzerland[13] |
Glencore commodities trading | 9 | 7.17 |
17 | 4.51 | Jack Cowin | Australia | Competitive Foods Australia; investment | 25 | 2.79 |
18 | 4.42 | Len Ainsworth AM and family | Australia | Gaming; manufacturing | 17 | 4.01 |
19 | 4.27 | Lang Walker | Australia | Walker Corporation (property) | 14 | 4.67 |
20 | 4.10 | Australia | Technology | 20 | 3.31 | |
21 | 3.83 | Angela Bennett | Australia | Mining | 28 | 2.62 |
22 | 3.76 | Lachlan Murdoch | United States United Kingdom Australia[14] |
Media | 18 | 3.62 |
23 | 3.72 | Lindsay Fox AC | Australia | Linfox; property | 21 | 3.31 |
24 | 3.72 | Solomon Lew | Australia | Premier Investments; retail | 24 | 2.83 |
25 | 3.62 | Alexandra Burt and Leonie Baldock | Australia | Resources | 31 | 2.38 |
26 | 3.43 | Melanie Perkins and Cliff Obrecht | Australia | Canva | n/a | not listed |
27 | 3.19 | Terry Snow AM | Australia | Capital Airport Group; property | 43 | 1.86 |
28 | 2.93 | David Hains | Australia | Investment | 23 | 2.90 |
29 | 2.73 | Betty Klimenko, Monica Weinberg-Saunders and family | Australia | Property | 32 | 2.37 |
30 | 2.60 | Sir Michael Hintze GCSG, AM | Australia United Kingdom |
Retail; investment | 26 | 2.72 |
31 | 2.57 | Gerry Harvey | Australia | Harvey Norman Holdings | 40 | 1.90 |
32 | 2.54 | David and Vicky Teoh | Australia | Telecommunications | 38 | 2.03 |
33 | 2.33 | Australia | Property | 33 | 2.34 | |
34 | 2.31 | Maurice Alter and family | Australia | Retail | 35 | 2.33 |
35 | 2.24 | and family | Australia | Retail | 34 | 2.34 |
36 | 2.24 | Prudence MacLeod | Australia | News Corporation and Times Newspapers Ltd | 22 | 3.10 |
37 | 2.20 | Brett Blundy | Australia | Retail; property; agriculture | 39 | 2.00 |
38 | 2.13 | Peter, Andrew and Lex Greensill | Australia United Kingdom |
Financial services; agriculture | 75 | 1.21 |
39 | 2.05 | Australia | Hancock Prospecting | 19 | 3.61 | |
40 | 2.05 | John Hancock | Australia | Hancock Prospecting | n/a | not listed |
41 | 2.05 | Australia | Hancock Prospecting | n/a | not listed | |
42 | 2.05 | Australia | Hancock Prospecting | n/a | not listed | |
43 | 2.05 | and family | Australia | Agriculture; property | 36 | 2.05 |
44 | 2.04 | and family | Australia | Investor; resources | 103 | 0.896 |
45 | 2.03 | John Van Lieshout | Australia | Retail | 29 | 2.51 |
46 | 2.02 | and family | Australia | Goodman Group; property | 61 | 1.43 |
47 | 1.98 | Bob Ell | Australia | Property | 44 | 1.84 |
48 | 1.95 | Australia | Property | 37 | 2.05 | |
49 | 1.92 | Nigel Austin | Australia | Cotton On Group; retail | 27 | 2.68 |
50 | 1.86 | Nick Molnar | Australia | Afterpay; technology | 194 | 0.487 |
51 | 1.86 | Anthony Eisen | Australia | 195 | 0.487 | |
52 | 1.86 | Australia | Ex-Multiplex; investment | 30 | 2.72 | |
53 | 1.83 | Michael Heine and family | Australia | Financial services | 57 | 1.55 |
54 | 1.79 | Sam and Andrew Buckeridge and family | Australia | Buckeridge Group of Companies | 41 | 1.88 |
55 | 1.79 | and family | Australia | Retail | 67 | 1.33 |
56 | 1.77 | Gretel Packer AM | Australia | Crown Resorts; investment | 80 | 1.16 |
57 | 1.69 | Paul Salteri AM and family | Australia | Investment | 54 | 1.57 |
58 | 1.67 | Cyprus | IC Markets; financial services | n/a | not listed | |
59 | 1.67 | Paul Little AO | Australia | Toll Holdings | 45 | 1.77 |
60 | 1.59 | and family | Australia | Manufacturing | 53 | 1.58 |
61 | 1.58 | Khalil Shahin and family | Australia | Retail | 59 | 1.49 |
62 | 1.57 | and family | Australia | Agriculture | 55 | 1.55 |
63 | 1.54 | Australia | Gaming; investments | 68 | 1.32 | |
64 | 1.53 | Sam Tarascio | Australia | Property | 46 | 1.72 |
65 | 1.49 | Alex Waislitz | Australia | Investment | 56 | 1.56 |
66 | 1.48 | and family | Australia | Construction | 49 | 1.65 |
67 | 1.47 | Australia | Financial services | 117 | 0.805 | |
68 | 1.46 | Australia | Financial services | 104 | 0.890 | |
69 | 1.44 | Judith Neilson | Australia | Investment | 65 | 1.35 |
70 | 1.43 | Chris Wallin | Australia | QCoal; resources | 42 | 1.88 |
71 | 1.42 | Australia | Logistics; investment; property | 77 | 1.19 | |
72 | 1.41 | Morry Fraid, Zac Freid and family | Australia | Retail; property | 50 | 1.61 |
73 | 1.38 | Kerr Neilson | Australia | Financial services | 60 | 1.49 |
74 | 1.37 | Australia | Agriculture | 64 | 1.39 | |
75 | 1.36 | Paul Lederer | Australia | Ex-Primo smallgoods; investment | 70 | 1.31 |
76 | 1.35 | Maha Sinnathamby | Australia | Residential property | 72 | 1.27 |
77 | 1.32 | Australia | United Petroleum | n/a | not listed | |
78 | 1.32 | Australia | n/a | not listed | ||
79 | 1.31 | Nick Politis AM | Australia | Retail; property | 74 | 1.23 |
80 | 1.30 | Alan Rydge | Australia | Rydges Hotels & Resorts; Event Cinemas | 52 | 1.58 |
81 | 1.28 | and family | Australia | Manufacturing | 48 | 1.69 |
82 | 1.25 | and family | Australia | Property | 69 | 1.32 |
83 | 1.25 | and family | Australia | Paspaley Pearls | 83 | 1.12 |
84 | 1.21 | Bill Roche and Imelda Roche AO | Australia | Retail | 62 | 1.42 |
85 | 1.20 | and family | Australia | Property | 66 | 1.34 |
86 | 1.19 | and family | Australia | Waste management | 133 | 0.729 |
87 | 1.17 | Lyn Ingham and family | Australia | Ex-Inghams Enterprises; manufacturing | 79 | 1.17 |
88 | 1.17 | Australia | Super Retail Group; property | 85 | 1.10 | |
89 | 1.16 | Robert Millner and family | Australia | Washington H. Soul Pattinson; investment | 71 | 1.30 |
90 | 1.13 | Sandy Oatley and family | Australia | Agriculture; property; tourism | 87 | 1.09 |
91 | 1.12 | Australia | Resources; hotels | 73 | 1.24 | |
92 | 1.10 | Australia | Agriculture | 47 | 1.70 | |
93 | 1.10 | Australia | Chemist Warehouse; retail | 92 | 0.989 | |
94 | 1.08 | Ralph Sarich AO | Australia | Investment; property | 76 | 1.20 |
95 | 1.08 | Australia | Manildra Group | 102 | 0.905 | |
96 | 1.08 | Dale Elphinstone | Australia | Elphinstone Group; mining services | 116 | 0.814 |
97 | 1.06 | Raphael Geminder | Australia | Manufacturing | 98 | 0.957 |
98 | 1.06 | Australia | Chemist Warehouse | 97 | 0.960 | |
99 | 1.06 | Shaun Bonétt | Australia | Precision Group; property | 90 | 1.00 |
100 | 1.02 | Australia | Agriculture | 136 | 0.705 | |
101 | 1.00 | Justin Hemmes | Australia | Hotels; property | 88 | 1.06 |
102 | 1.00 | and family | Australia | Construction; mining services | 84 | 1.10 |
103 | 1.00 | Australia | Resources | 148 | 0.661 | |
104 | 1.00 | Australia | Canva | n/a | not listed | |
105 | 0.994 | Jamuna Gurung and Shesh Ghale | Australia | Melbourne Institute of Technology | 78 | 1.18 |
106 | 0.992 | and family | Australia | Property | 89 | 1.04 |
107 | 0.983 | Peter Scanlon and family | Australia | Patrick Corporation | 93 | 0.977 |
108 | 0.922 | Australia | Computershare; financial services | 82 | 1.13 | |
109 | 0.904 | and family | Australia | Property | 113 | 0.834 |
110 | 0.896 | Lloyd Williams | Australia | Property; thoroughbreds | 100 | 0.914 |
111 | 0.892 | Bruce Gordon | Australia | Media | 134 | 0.728 |
112 | 0.891 | John Symond AM | Australia | Ex-Aussie Home Loans | 157 | 0.638 |
113 | 0.884 | Laurie Sutton | Australia | Retail | 96 | 0.966 |
114 | 0.871 | Joy Chambers-Grundy | Australia | Media | 108 | 0.871 |
115 | 0.866 | AM and Charlotte Vidor | Australia | Property; hotels | 95 | 0.973 |
116 | 0.853 | Mark Creasy | Australia | Resources | 149 | 0.660 |
117 | 0.839 | and family, | Australia | Property | 107 | 0.882 |
118 | 0.817 | Australia | Technology | n/a | not listed | |
119 | 0.835 | Manny Stul and family | Australia | Moose Toys; retail | 51 | 1.60 |
120 | 0.834 | , Shay Lewis-Thorp and family | Australia | Property | 110 | 0.851 |
121 | 0.827 | Australia | Ex-Multiplex; property | 106 | 0.885 | |
122 | 0.820 | Australia | Technology | 186 | 0.514 | |
123 | 0.802 | Australia | Briscoe Group | 127 | 0.761 | |
124 | 0.798 | Australia | Travel; property | 99 | 0.931 | |
125 | 0.795 | Naomi Milgrom AO | Australia | Sussan; Sportsgirl; Suzanne Grae | 121 | 0.781 |
126 | 0.793 | and family | Australia | Manufacturing | 125 | 0.767 |
127 | 0.791 | Allan Myers AC, QC | Australia | Investment; agriculture | 123 | 0.771 |
128 | 0.783 | Australia | Technology | n/a | not listed | |
129 | 0.780 | Australia | Technology | n/a | not listed | |
130 | 0.777 | and family | Australia | Technology | 94 | 0.974 |
131 | 0.775 | Australia | Retail; property | 115 | 0.815 | |
132 | 0.770 | Frank Costa AO and family | Australia | Agriculture | 118 | 0.802 |
133 | 0.764 | Australia | Property | 171 | 0.583 | |
134 | 0.761 | Australia | Technology | n/a | not listed | |
135 | 0.760 | Australia | Dodo Services; telecommunications | 122 | 0.772 | |
136 | 0.758 | Australia | Property | 130 | 0.746 | |
137 | 0.754 | Australia | Financial services | 191 | 0.491 | |
138 | 0.740 | Australia | Resources | 63 | 1.40 | |
139 | 0.733 | and family | Australia | Ex-Gull Petroleum | 135 | 0.713 |
140 | 0.732 | Australia | Resources; property | 132 | 0.731 | |
141 | 0.731 | Australia | Investment | 161 | 0.620 | |
142 | 0.728 | John Singleton AM | Australia | Media; investment; property | 145 | 0.670 |
143 | 0.724 | and family | Australia | Manufacturing; food production | 114 | 0.816 |
144 | 0.721 | Australia | Property | 155 | 0.646 | |
145 | 0.720 | Australia | Property | 119 | 0.798 | |
146 | 0.715 | [note 1] | Switzerland | Software | n/a | not listed |
147 | 0.703 | Australia | Waste services | 159 | 0.623 | |
148 | 0.702 | Australia | Food services | 91 | 1.00 | |
149 | 0.699 | Trevor St Baker AO | Australia | Energy | 154 | 0.647 |
150 | 0.695 | United States | Technology | 142 | 0.672 | |
151 | 0.694 | and family | Australia | Agriculture | 188 | 0.506 |
152 | 0.693 | Australia | Sonic Healthcare | 189 | 0.503 | |
153 | 0.691 | Australia | Technology | 101 | 0.905 | |
154 | 0.690 | Australia | Resources | 147 | 0.662 | |
155 | 0.687 | AO | Australia | Ex-StarTrack | 156 | 0.639 |
156 | 0.684 | Australia | Technology; property | 165 | 0.600 | |
157 | 0.684 | Australia | Media | 138 | 0.682 | |
158 | 0.683 | and family | Australia | Ex-Godfrey Hirst Carpets | 144 | 0.670 |
159 | 0.680 | and Alex Wu | Australia | Healthcare | 128 | 0.758 |
160 | 0.667 | and family | Australia | Property | 153 | 0.651 |
161 | 0.665 | Australia | Property | 143 | 0.671 | |
162 | 0.664 | AM | Australia | Property | 140 | 0.677 |
163 | 0.662 | and family | Australia | Property | 124 | 0.768 |
164 | 0.655 | Greg Coffey | United States | Financial services | 192 | 0.491 |
165 | 0.646 | Australia | Property | 151 | 0.655 | |
166 | 0.645 | and family | Australia | Property | 158 | 0.637 |
167 | 0.644 | Australia | Ex-Transpacific; investment | 152 | 0.655 | |
168 | 0.643 | Barry Lambert and family[note 1] | Australia | Financial services | n/a | not listed |
169 | 0.639 | and family | Australia | Financial services | n/a | not listed |
170 | 0.634 | Jack Bendat AM | Australia | Property | 139 | 0.679 |
171 | 0.632 | and family | Australia | Investment | 162 | 0.615 |
172 | 0.629 | Australia | Investment; services | 169 | 0.593 | |
173 | 0.617 | Australia | Financial services | 181 | 0.538 | |
174 | 0.613 | United States | Financial services | 167 | 0.596 | |
175 | 0.611 | Australia | Property | 150 | 0.656 | |
176 | 0.608 | Australia | Financial services | 185 | 0.517 | |
177 | 0.605 | [note 1] | Australia | Property | n/a | not listed |
178 | 0.601 | Australia | Ex-Menulog; technology | 163 | 0.605 | |
179 | 0.600 | Zeljko Ranogajec | Isle of Man | Gaming | 164 | 0.600 |
180 | 0.594 | Australia | Construction | n/a | not listed | |
181 | 0.584 | Australia | Hotels | 170 | 0.584 | |
182 | 0.588 | Australia | Jaycar; retail | n/a | not listed | |
183 | 0.587 | Australia | Technology | n/a | not listed | |
184 | 0.585 | [note 1] | Australia | Mining | n/a | not listed |
185 | 0.581 | Australia | Property | 141 | 0.672 | |
186 | 0.580 | [note 1] | Australia | Agriculture | n/a | not listed |
187 | 0.579 | Australia | Property | 175 | 0.567 | |
188 | 0.575 | Ruslan Kogan[note 1] | Australia | Kogan.com; technology | n/a | not listed |
189 | 0.569 | Geoff Lord[note 1] | Australia | Resources | n/a | not listed |
190 | 0.564 | Bevan Slattery | Australia | Technology | n/a | not listed |
191 | 0.560 | Australia | Resources; property | 180 | 0.540 | |
192 | 0.556 | Australia | Manufacturing | 146 | 0.663 | |
193 | 0.554 | Australia | Investment | 174 | 0.574 | |
194 | 0.552 | Australia | Zip Co; technology | n/a | not listed | |
195 | 0.550 | and Stuart Giles | Australia | Helathcare | n/a | not listed |
196 | 0.549 | Australia | Financial services | 187 | 0.512 | |
197 | 0.547 | and family | Australia | Manufacturing | 166 | 0.598 |
198 | 0.546 | Monaco | Property | 172 | 0.582 | |
199 | 0.545 | and family | Australia | Construction | 120 | 0.781 |
200 | 0.540 | Nigel Satterley | Australia | Satterley; property | 176 | 0.564 |
Legend Icon Description Has not changed from the previous year's list Has increased from the previous year's list Has decreased from the previous year's list
Removed from the 2019 list[]
The following individuals, who appeared on the 2019 Financial Review Rich List, did not appear on the 2020 list:
2019[10] | Name | Citizenship | Source of wealth | Reason (other than financial) | |
---|---|---|---|---|---|
Rank | Net worth A$ bn | ||||
81 | 1.14 | Australia | Financial services | ||
86 | 1.10 | Australia | Technology | ||
105 | 0.885 | Patrick Grove | Australia | Technology | |
109 | 0.852 | Australia | Flight Centre; hotels | ||
111 | 0.851 | Geoff Harris | Australia | Flight Centre; investment | |
112 | 0.842 | Australia | Retail | ||
126 | 0.765 | Australia | The Good Guys | ||
129 | 0.755 | and Max Moar | Australia | Property | |
131 | 0.745 | and family | Australia | Federal Group; gaming | |
137 | 0.696 | Australia | Construction | ||
160 | 0.623 | Australia | Travel services | ||
168 | 0.594 | Australia | Darrell Lea; retail | ||
173 | 0.575 | Graham Tuckwell | Jersey | Financial services | |
177 | 0.560 | Australia | Ex-Computershare; investment | ||
178 | 0.554 | Australia | Hotels | ||
179 | 0.541 | Kevin Maloney | Australia | Mining services | |
182 | 0.530 | and family | Australia | Ex-Swisse | |
183 | 0.523 | Australia | Financial services | ||
184 | 0.520 | Australia | Financial services | ||
190 | 0.500 | Australia | Healthcare | ||
193 | 0.489 | Australia | Retail | ||
196 | 0.486 | and Kayla Itsines | Australia | Technology | |
197 | 0.485 | Australia | Healthcare | ||
198 | 0.479 | Australia | Glencore | ||
199 | 0.479 | Australia | Navitas Group | ||
200 | 0.472 | Patricia Ilhan | Australia | Crazy John's |
Notes[]
- ^1 : Individual was listed on a previous year's list, that was not the 2019 Rich List.
See also[]
- Financial Review Rich List
- Forbes Asia list of Australians by net worth
References[]
- ^ a b c d Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
- ^ Marsh, Stuart (29 October 2020). "Gina Rinehart named Australia's richest person with $29 billion personal fortune". Nine News. Retrieved 31 October 2020.
- ^ a b c Kruger, Colin (30 October 2020). "What crisis? Red dirt billionaires still rule the rich list". The Sydney Morning Herald. Retrieved 31 October 2020.
- ^ Sprague, Julie-anne; Bailey, Michael (28 October 2020). "Meet the debutants storming up the Rich List". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
- ^ Jackson, Sally (23 May 2012). "The $29.17 billion woman: Gina Rinehart tops BRW's Rich List". The Australian. Retrieved 23 May 2012.
- ^ Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". news.com.au. Australia. AAP. Retrieved 27 July 2011.
- ^ "BRW Rich 200 2011 Wealth Index". BRW. Australia. 25 May 2011. Archived from the original on 28 September 2011. Retrieved 27 July 2011.
- ^ Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200". Financial Review. Australia. Retrieved 7 June 2016.
- ^ Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News. Australia. Retrieved 7 October 2019.
- ^ a b Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
- ^ Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Retrieved 17 July 2014.
- ^ Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Retrieved 8 October 2019.
- ^ Glasenberg, Ivan (5 May 2013). "Letztlich macht es keine Differenz, ob Ihr Vermögen eine Milliarde beträgt oder sechs". SonntagsZeitung (Interview) (in German). Interviewed by Martin Spieler. Archived from the original on 6 May 2013. Retrieved 30 September 2019.
- ^ Jukes, Peter (2012). The Fall of the House of Murdoch: Fourteen Days That Ended a Media Dynasty. London: Unbound. ISBN 978-1-908717-43-6.
External links[]
- "Financial Review Rich List". The Australian Financial Review. 2020.
- 2020 in Australia
- Financial Review Rich List