10-South Korea: This is the tenth-largest economy in the world in the year 2020-21 as per IMF. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. Pratt this year will open his biggest ever factory, a new paper mill in Kentucky that he says will be 50 per cent bigger than any other he has built. Sector: Energy | Revenue: $5.1b | Last Years Ranking: 1. The 10 richest Aussies of 2022 revealed - Yahoo! Other big names who had been expected to grace the pages were Cettires Dean Mintz, whose wealth has plunged from $617 million in November to $232 million in line with the falling share price for his online luxury retail group. See the full Australias Richest 250 list, Billionaire central: The top 5 richest suburbs, Meet the 30 women who have made their mark. The dramatic shift from mining and property to technology to generate wealth in Australia has made Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, and Canva's Melanie Perkins and Cliff Obrecht among the country's top 10 richest people. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 23, Drakes Supermarkets is the largest independent grocery retailer in Australia, Sector: Food and beverage | Revenue: $280m | Last Years Ranking: 22. Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. Now in its seventh year, the Index has become a key source of data for those with a keen interest in the South Australian economy and business environment. The total wealth on the 2022 list hit a combined $520.20 billion, a 10 per cent increase on the previous year's haul, with the average wealth sitting at $2.08 billion. Buddy Technologies Limited produces data aggregation, management and control platforms for the internet of things and connected devices. More recently, Cannon-Brookes and fellow billionaire Andrew Forrest were involved in a spat over the $30 billion Sun Cable project they both back that resulted in the large renewable development going into administration after a dispute about its future. While he checks the share price most days, he says he cant get too worried about it. The Australian doesn't play nicely with your current browser. The property market is improving but wont return to previous heights until migration numbers improve, the billionaire says. 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 Sector: Electrical | Revenue: $46.7m | Last Years Ranking: Unranked. Out now: The definitive list of Australias wealthiest people, now in its 40th year. Australia's top 10 richest people of 2022 revealed - 9News 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. Sector: Waste Disposal | Revenue: $245m | Last Years Ranking: 30. Tic:Toc is a finance technology company that launched in 2017 to provide cheaper home loans using proprietary technology. Kennetts is a family-owned company that delivers major commercial construction projects. Sector: Information technology and equipment | Revenue: $20.9m | Last Years Ranking: 50. *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. To qualify for this years list, you needed at least $629 million. Sector: Food and Beverage | Revenue: $274m | Last Years Ranking: 48. He has built the biggest philanthropic foundation, Minderoo, among Australian billionaires, as well as a $5 billion investment business, Tattarang, that owns RM Williams, property and cattle interests. Yasser Shahin and Dr Sam Shahin. Gina Rinehart top Australia's rich list followed by Clive Palmer and There are 13 debutants on the Rich List, 37 women and four people whove returned. Hancock Prospectings flagship Roy Hill mine delivers a $3.3 billion dividend despite weaker iron ore prices. The heiress and mining magnate built her fortune on iron ore, and is also the second largest cattle producer in Australia. Has Aussie billionaire created the next tech unicorn? Sector: Engineering | Revenue: Undisclosed | Last Years Ranking: 75. 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. It has been another big year for Rinehart, who maintains her number-one position on the Richest 250. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 13. Sector: Energy | Revenue: Undisclosed | Last Years Ranking: 97. Jonathan Hallinan, the developer behind Melbournes distinctive Shadow Play skyscraper, has died at 47 after a battle with cancer. For the top 10 richest Australians for 2022, scroll below. South Australia's Skilled Occupation List | Move to South Australia But who did the best? Kilbirnie Investments has a series of automotive dealerships and horticulture assets, predominantly in South Australia and Victoria. China (including Macau and . Nova Eye Medical develops novel glaucoma treatment technologies. You can access the latest stories from the journalists youre following here. In Australia, Pratt is already working on spending $2 billion on new clean energy plants and other initiatives such as increasing the recycled content of glass bottles. Duxton Water Limited is a South Australian investment firm with water entitlements in the Southern Murray Darling Basin. SAGE Group Holdings provides electrical engineering and automation services in Australia. He has pledged to spend that money on American recycling and clean energy infrastructure to create more than 5000 manufacturing jobs in 10 years. Other retail giants include Tania Austin who owns Decjuba fashion brand with $640 million, and Simon and Tahnee Beards Culture Kings with a combined value of $503 million. Haighs Chocolates creates Australian-made chocolates in Adelaide. Sophie Ireland Stats Gate April 24, 2021. Between tech entrepreneurs, design moguls and real estate tycoons, Australia's richest young people are worth a combined total of $30 . The technology revolution has arrived, changing the face of the ranks of Australias wealthiest individuals. Sector: Resources | Revenue: $29.8m | Last Years Ranking: 41. Gina Rinehart tops Australia's richest while Clive Palmer doubles his wealth, Canva creator Melanie Perkins cracks the top 10 and all 250 on the list grow their fortunes by $50BILLION in just a year Major investor and chairman Charles Gibbon becomes a billionaire for the first time while fellow investor and WiseTech director Michael Gregg debuts with an estimated wealth of $648 million. If it sounds too good and big to be true, unstoppable property developer Lang Walker knows its the project for him as he loves nothing more than proving the doubters wrong. That shows just how successful Farquhar has been as a technology entrepreneur alongside friend and business partner Mike Cannon-Brookes at software firm Atlassian. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 78. Mike Cannon-Brookes is worth $26.20 billion and and Scott Farquhar $25.99 billion. Fyfe is a land, resource and infrastructure development consultancy specialising in engineering, environmental, planning and surveying services for a variety of industries. Alcidion Group Limited is a health informatics company providing clinicians with decision support tools. Clive Palmer makes more income than almost every other Australian billionaire. With a combined net worth of $520 billion, it has been record-breaking for 250 of Australia's most wealthy people, up from $470.07 billion in 2021. He also donated more than anyone else on the list, giving more than $109.6 million. Now worth a combined $717m, this duo moved north to start a charitable program after founding one of Australias most successful technology companies. Sector: Food and beverage | Revenue: $52.8m | Last Years Ranking: Unranked. The results have been startling. Champion footballer Chris Judd now considers himself a full-time investor, putting his money into dozens of small ASX-listed stocks. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. The top 10 on The List are wealthier than ever before, led by two of the countrys most successful businesswomen who have changed the face of corporate Australia. That should stand them in good stead, and their valuation is only falling in line with other tech firms. While the last year brought money woes for many Australians, wealth surged for others, as the list welcomed a record 29 new names to the list. Advertisement Support independent JournalismDonateSubscribe News News Local Independent Pub Group Holdings (GM Hotels), 28. If you are applying for South Australian state nomination for a 190 or 491 visa, you will need to see if your occupation is available on South Australia's Skilled Occupation List. The 2021 edition of The List Australias Richest 250, is a story of the three Ps: the Pilbara, pizza boxes and personal computers | OUR TOP 5. 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. Despite the sell-off, the 2022 Rich List marks a record year for wealth creation. Sector: Building and construction | Revenue: $83 million | Last Years Ranking: 52. SeaLink is a tourism and transport company, operating across Australia, with more than 9000 staff and six million customers annually. Flight Centre boss Graham Turner is optimistic about the recovery of the wider publics travel habits even if he believes it will take some time to get back to pre-Covid levels. Sector: Professional services | Revenue: $185m | Last Years Ranking: 46. The group provides risk advice and general insurance broking. Included in The List are 131 billionaires, 29 newcomers, and 30 women. The average age of a Rich Lister is 67.7, up from 66 last year. Headed by Richest 250 member Fung Lam, New Aim is an Australian e-commerce success story, which is seeking external capital for the first time to bolster growth. Sector: Agriculture | Revenue: $100m | Last Years Ranking: 49. The nation's 50 richest women revealed - Australian Financial Review 2 of 11 Attribution: Yadid Levy. In #4 and #5 are the co-founders of software development company Atlassian. Rank State or territory GSP (million A$, 2003-04) GSP (million A$, 2013-14) Net growth (million A$) Growth rate per year; 1: *The company has changed its name to Kelsian Group since the original 2021 list was published. Young Rich List wealth takes $11b hit after tech plunge. Brian Flannery moved from surfing into mining and resort development, and now he even has his own solar train. Farquhar broke the Australian property record in January, when it was revealed he was shelling out $130 million to buy the Sydney harbourside home known as Uig Lodge in Point Piper. GPA Engineering is a multidisciplinary engineering and management firm. Most Rich Listers live in NSW (79), followed by Victoria (60) and Queensland (19). You must have completed a Bachelor or higher qualification in SA that meets the South Australian study requirements A select group of Australian billionaires had a very good pandemic indeed. He is also responsible for the Financial Review's Rich Lists. Sector: Mining | Revenue: $1.7b | Last Years Ranking: 3. Queensland billionaire Clive Palmer owns dozens of mansions on the Gold Coast and plenty of gold. Markets plunged in March last year, but it has been smooth sailing ever since for some of the biggest names in Australian business.
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