The Richest And The Poorest States Of Australia. Harry Triguboff, the 89-year-old behind the Meriton apartment empire, increased his wealth by almost $4 billion to $21.25 billion. Managing $12bn of assets around the world, Peter Cooper has built a multi-million dollar fortune for himself and his clients. ASX to slip; Vanessa Hudson to lead Qantas, Top philanthropists say Yes with $17m to support Voice campaign, The high-stakes gamble at the heart of the Voice, How to barbecue pork chops like this smoking-hot new restaurant, The CEO of this $1b company sold everything from make-up to chicken, Why investors want more control over companies climate plans, How does this CEO do it all? At the time, his wealth was estimated at $879 million thanks to the value of tokens underpinning his Synthetix derivatives trading protocol. The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. Yet as some make their way back, others tumble out in spectacular fashion. Sector: Information technology and equipment | Revenue: $479m | Last Years Ranking: 37. Hancock Prospectings flagship Roy Hill mine delivers a $3.3 billion dividend despite weaker iron ore prices. Sector: Professional services | Revenue: $125m | Last Years Ranking: 57. Australias biggest names in buy now, pay later, Nick Molnar and Anthony Eisen, managed to pass on the baton of woe to new owner Block, by selling their company in the countrys biggest M&A deal. Sector: Professional services | Revenue: $185m | Last Years Ranking: 46. Peregrine Corporation is South Australias largest private employer, with over 5000 employees. Scammers had already claimed $150k in her name, Centrelink payment boost for 227,000 Australians, Australias biggest fuel retailer 7-Eleven up for sale, 14 million jobs will be eliminated in the next five years, new report finds, Delete it immediately: Aussies warned over DHL email, Bucket list: The holiday experience you have to try before you die, Residents bizarre message to neighbours over house renovation divides internet, How much super you need to retire comfortably revealed. The tech downturn could put plans for Canva to go public, probably in the US, on the backburner for now. The sixth-generation family-owned company has a diverse range of agricultural assets and is one of Australias biggest wool producers. The Richest People In Australia In 2022: The Rich List - GQ Australia Australias richest person has warned the nations pensioners and others on low incomes will be forced to make difficult decisions as electricity costs rise. The popular veteran stockpicker will take a carrot and stick approach to the LICs he has targeted that are trading below their asset value. Sector: Other | Revenue: $58.9m | Last Years Ranking: 56. Buddy Technologies Limited produces data aggregation, management and control platforms for the internet of things and connected devices. Forbes list of Australia's 50 richest people - Wikipedia Occupation Lists | Move to South Australia Support independent For those thinking getting rich is a pathway to early retirement, think again. These are the richest South Africans living in the US, UK and Australia Sector: Travel and accommodation | Revenue: $207m | Last Years Ranking: 14. The economy's main sectors - iron . Champion footballer Chris Judd now considers himself a full-time investor, putting his money into dozens of small ASX-listed stocks. Formed in 1961, Beach Energy is an oil and gas exploration and production company headquartered in Adelaide. Sector: Energy | Revenue: Undisclosed | Last Years Ranking: Unranked. This years edition of The List - Australias Richest 250 will show how mining and technology are now the countrys two most successful sectors. Sector: Information technology and equipment | Revenue: $158m | Last Years Ranking: 15. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 83. Dominic Lorrimer. *combined with Cliff ObrechtThe darlings of the technology sector have fallen back to earth somewhat in the past year, with the value of their digital graphics business Canva slashed by investors by about one-third. Poker machine king Len Ainsworth once had a hole blown in his factory roof by a bomb. Farquhar sits in fourth spot with $26.41 billion, up from $20 billion. Meriton has vast reach across property, including the nations highest number of hotel rooms via its serviced apartment business, more than 14,000 investment apartments and close to 12,000 units in development. Online gift card billionaire and commercial property magnate Shaun Bonett says there are very few people who invent things. Perth industrial landholder Michael Hodgson and Bob Ell, another major industrial property player, both enjoy big jumps in their values Hodgson is now worth $3.08 billion, up from $2.34 billion and Ell, worth $2.42 billion, is up from $1.98 billion. The results have been startling. Sector: Agriculture | Revenue: $112.4m | Last Years Ranking: 54. Billionaire Scott Farquhar is worth $21.95bn. Has Aussie billionaire created the next tech unicorn? The rise in iron ore, property and solid gains in manufacturing and the fact that tech was still well up overall has widened the gap between the top of the list and the rest. Nova Eye Medical develops novel glaucoma treatment technologies. Gina Rineharts Hancock Prospecting has outlined growth plans in energy, agriculture and so-called green minerals after posting a $5.8 billion profit driven by iron ore mining. Andrew Forrest with a net . The nations miners, including Chris Ellison, enter the new year building on their huge fortunes, while its top tech entrepreneurs are nursing eye-watering losses. The secretive Perth trio behind Wright Prospecting got a huge payday as the price of iron ore surged during 2020. Sector: Automotive | Revenue: $406.8m | Last Years Ranking: 45. Post jobs and search for local talent on 7NEWS Jobs >>. The leather good and fashion retailer posted strong double-digit sales growth over the year, but is bracing for a slowdown in 2023. While companies dont have to nominate to be included in the list, which is based on market capitalisation, local businesses are encouraged to put their names forward. Almondco Australia supplies premium quality almond products to the world. Kennetts is a family-owned company that delivers major commercial construction projects. Theres a new Territorian among Australias wealthiest people this year as the bush makes a comeback while tech fortunes fall. Pubs may be going through changing times but veteran hotel mogul Arthur Laundy reckons they still make up the fabric of Australia. And he has just one simple rule for long-term success. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. Sector: Energy | Revenue: Not meaningful | Last Years Ranking: 66. Theres no superyacht access but plenty of room for a tennis court. Alcidion Group Limited is a health informatics company providing clinicians with decision support tools. Established in 1996, RJE provides multi-disciplinary engineering and construction services to complex projects across a range of industries. Companies owned in part or whole by government, government agencies and organisations, and registered charities are not eligible. Sector: Building and construction | Revenue: $74.5m | Last Years Ranking: 68. Farquhar also has dozens of tech startup investments along with a considerable Sydney property portfolio. Dream of becoming a billionaire? By continuing to use our site you are agreeing to our, 81. The company now has a $1 billion share portfolio and large cattle and agricultural holdings. Meet the 250 mining magnates, property kings, retail queens, manufacturing giants and technology titans in the countrys most extensive annual survey of wealth. The List Australias Richest 250 reinforces how tech, resources and energy are interdependent and all are crucial given our challenging strategic outlook. A unique collection of NFTs celebrates their success. Gina Rinehart - $32.64 billion (down from $36.28 billion) 3 / 10 2. Property Sector Dominates Australia's Rich List - The Urban Developer Sector: Food and Beverage | Revenue: $313m | Last Years Ranking: 38. Sector: Food and beverage | Revenue: $52.8m | Last Years Ranking: Unranked. Visy paid $733m for Australias biggest beer bottle maker and will spend $500m more to make lighter, cheaper bottles. That has all now been paid off, and Rinehart and her partners are reaping the rewards. Lucas TCS is a privately-owned civil engineering and construction company, founded over 50 years ago which has worked with some of Australias leading mining and resource organisations. Core Lithium Ltd a lithium-focused exploration and mining company. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 59. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 70. Vintage Energy is an oil and gas exploration and energy company. Sector: Health Care | Revenue: $25.8m | Last Years Ranking: 47. The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country Filter list by Manufacturing Mining Property Technology Show all Search 1 Gina Rinehart $37.1b last year $32.64b role Chairman, Hancock Prospecting 2 Andrew Forrest $35.21b last year $31.77b role Executive chairman, Fortescue Metals Group 3 This year, writers went behind the scenes and analysed the big themes that defined Australias year in business and beyond. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. Melanie Perkins, 34, and Cliff Obrecht 36, have a combined net worth of $15.89 billion. Sparc Technologies Ltd develops innovative graphene-based technology solutions. To put that in perspective, the average Australian is worth roughly $522,032, so a combined net worth of the same sized group would be about of $130.5 million. Outside Ideas is a large-scale landscaping works, civil construction, structural concreting, and maintenance provider. Cannon-Brookes has ploughed much of the proceeds, which follow similar planned selldowns since Atlassian was floated on the NASDAQ in late 2015, into Sydney property and some into green-related investments. Asia Pacific near the bottom when it comes to climate readiness: What can be done? For Nick Andrianakos, a journey of discovery to the lucky country has led to an estimated $894m petroleum fortune built over a lifetime. Advertisement Support independent JournalismDonateSubscribe News News Local Its not all work for the big players on The List: The Richest 250. Gina Rinehart topped the Richest 250 list overall for 2022, with a massive $32.64 billion in wealth. That accounts for much of the drop in his estimated wealth, though both he and cofounder Scott Farquhar should reap more than $1 billion each from a steady selldown of a small portion of their Atlassian shares over the year. 6. Sector: Information technology and equipment | Revenue: Undisclosed | Last Years Ranking: 10. Sector: Engineering | Revenue: $52 million | Last Years Ranking: 84. While he checks the share price most days, he says he cant get too worried about it. Small-cap stock guru David Paradice sold out of headline maker GameStop late last year, potentially missing out on a billion-dollar position, but he says hes still sleeping well at night. To qualify for this years list, you needed at least $629 million.