Financial Review Rich List 2018

This article is about the Financial Review Rich List published in 2018. For general information about the list, see Financial Review Rich List.

The Financial Review Rich List 2018 is the 35th annual survey of the wealthiest people resident in Australia, published by the Australian Financial Review on 25 May 2018.[1]

The net worth of the wealthiest individual, Anthony Pratt, was A$12.90 billion; while the net worth of the 200th wealthiest individual, Radek Sali, was A$387 million; up from $341 million in 2017.[2] The combined wealth of the 200 individuals was calculated as A$282.7 billion;[1] compared with a combined wealth of A$6.4 billion in 1984 when the BRW Rich 200 commenced.[3] Nineteen women were included on the 2018 Rich List, representing 8.5 percent of the list.[2] The average age was 66 years. The list included a record 76 individuals whose net worth was one billion or more, an increase of 16 from 2017; and about one-quarter of those billionaires lived offshore at the time of the list's publication.[1]

List of individuals

2018[1] Name Citizenship Source of wealth 2017[4][5]
Rank Net worth
A$ bn 		Rank Net worth
A$ bn
1 12.90 Anthony Pratt  Australia Visy; Pratt Industries 1 12.60
2 12.77 Harry Triguboff AO  Australia Meriton Apartments 2 11.40
3 12.68 Gina Rinehart  Australia Hancock Prospecting; investment 3 10.40
4 9.09 Hui Wing Mau  People's Republic of China
 Australia[6]		 Shimao Property 8 5.96
5 8.42 Sir Frank Lowy AC  Australia ex-Westfield; property (shopping centres) 4 8.26
6 8.32 Ivan Glasenberg  Australia[7]
 South Africa
 Switzerland[8]		 Glencore commodities trading 5 6.85
7 6.45 John Gandel AC  Australia Property (shopping centres) 7 6.05
8 6.10 Andrew Forrest AO  Australia Fortescue 6 6.84
9 5.88 Vivek Chaand Sehgal  Australia Motherson Sumi Systems n/a not listed
10 5.50 James Packer  Australia Crown Resorts; Consolidated Media Holdings 9 4.79
11 5.16 Scott Farquhar  Australia Atlassian 18 2.51
12 5.16 Mike Cannon-Brookes  Australia 17 2.51
13 4.93 Kerry Stokes AC  Australia Property; Seven West Media; resources 14 2.90
14 4.02 Len Ainsworth AM  Australia Gaming; manufacturing 11 3.07
15 3.99 Stan Perron AM  Australia Property 10 3.90
16 3.87 Alan Wilson and family  Australia Reece Group n/a not listed
17 3.56 Lindsay Fox AC  Australia Linfox; property 13 2.91
18 3.47 Lang Walker  Australia Walker Corporation (property) 12 3.00
19 3.28 Bianca Rinehart  Australia Hancock Prospecting; investment 15 2.74
20 2.84 Clive Palmer  Australia Mineralogy and other mining 198 0.344
21 2.61 David Hains and family  Australia Investment 16 2.55
22 2.43 Sir Michael Hintze GCSG, AM  Australia
 United Kingdom		 Retail; investment 24 1.98
23 2.55 Solomon Lew  Australia Premier Investments; retail 19 2.38
24 2.41 Jack Cowin  Australia Competitive Foods Australia; investment 20 2.38
25 2.50 Marc Besen  Australia Retail 22 2.24
26 2.26 Maurice Alter and family  Australia Retail 1.81
27 2.17 Angela Bennett  Australia Mining 1.76
28 2.12 Gerry Harvey  Australia Harvey Norman Holdings 21 2.34
29 2.12 Ye Lipei  Australia Property 1.70
30 2.08 Alexandra Burt and Leonie Baldock  Australia Resources 1.56
31 no data available
32 1.96 Nigel Austin  Australia Cotton On Group; retail 1.89
33 1.92 John Van Lieshout  Australia Retail 1.72
34 1.79 Chris Wallin  Australia Resources 1.13
35 1.78 Kerr Neilson  Australia Financial services 1.44
36 1.77 Judith Neilson  Australia Investment 1.34
37 1.76 Tony Perich and family  Australia Agriculture; property 1.59
38 1.76 David and Vicky Teoh  Australia Telecommunications 1.91
39 1.96 Nigel Austin  Australia Cotton On Group; retail 1.89
40 1.73 Manny Stul and family  Australia Moose Toys; retail 39 1.42
41 1.71 Brett Blundy  Australia Retail; property; agriculture 1.39
42 1.70 John Kahlbetzer  Australia Agriculture 0.841
43 1.66 Huang Bingwen and family  Australia Manufacturing 25 1.93
44 1.66 Richard White  Australia Technology 0.882
45 1.63 Chau Chak Wing  Australia Property; investments 1.56
46 1.61 Morry Fraid, Zac Freid and family  Australia Retail; property 1.60
47 no data available
48 1.56 Bob Ell  Australia Property 1.52
49 1.56 Alan Rydge  Australia Rydges Hotels & Resorts; Event Cinemas 23 2.09
50 1.54 Paul Little AO  Australia Toll Holdings 0.927
51 1.54 Sam Tarascio  Australia Property 1.43
52 1.46 Terry Snow AM  Australia Capital Airport Group; property 1.00
53 1.40 Raphael Geminder  Australia Manufacturing 1.44
54 1.39 Alex Waislitz  Australia Investment 1.24
55 1.35 Nick Politis AM  Australia Retail; property 0.733
56 1.33 Brian Flannery  Australia Resources 0.818
57 1.28 Paul Salteri AM and family  Australia Investment n/a not listed
58 1.27 Michael Heine and family  Australia Financial services n/a not listed
59 1.27 Russell Withers and family  Australia Retail 1.23
60 1.26 Con Makris and family  Australia Property 1.17
61 1.26 Gretel Packer  Australia Media; Crown Resorts; investment 1.02
62 1.24 Jonathan Munz and family  Australia Manufacturing 50 1.10
63 1.23 Ralph Sarich AO  Australia Investment; property 1.12
64 1.21 Maha Sinnathamby  Australia Residential property 57 1.02
65 1.20 Chris Thomas  Australia Agriculture 1.12
66 1.18 Bruce Mathieson  Australia Gaming; investments 0.943
67 1.17 Peter Gunn  Australia Logistics; investment; property 1.00
68 1.16 Bob Ingham AO  Australia Ex-Inghams Enterprises 1.19
69 1.16 Robert Millner and family  Australia Soul Patts; investment n/a not listed
70 1.15 Greg Goodman and family  Australia Goodman Group; property 1.08
71 1.14 Paul Lederer  Australia Ex-Primo smallgoods; investment 0.824
72 1.13 Jeff Chapman  Australia Financial services 0.811
73 1.09 Tim Roberts  Australia Ex-Multiplex; investment 0.896
74 1.07 Sandy Oatley and family  Australia Agriculture; property; tourism 0.913
75 1.04 Reg and Hazel Rowe  Australia Super Retail Group; property 1.14
76 1.02 Chris Morris  Australia Computershare; financial services 0.847
77 0.999 Richard Smith  Australia Food services 0.891
78 0.961 Justin Hemmes and family  Australia Hotels; property n/a not listed
79 0.927 Ervin and Charlotte Vidor  Australia Property; hotels 0.804
80 no data available
81 0.876 Jamuna Gurung and Shesh Ghale  Australia Melbourne Institute of Technology 0.647
82 no data available
83 0.869 Spiros Alysandratos  Australia Travel; property 0.582
84 0.867 Geoff Harris  Australia Flight Centre; investment 0.637
85 0.863 Bill James  Australia Retail 0.647
86 0.861 Graham Turner  Australia Flight Centre; hotels 0.620
87 0.859 Nechama Werdiger and family  Australia Property 0.859
88 0.858 Gordon Fu and family  Australia Property 0.877
89 0.850 Patrick Grove  Australia Technology 0.801
90 0.843 Peter Scanlon and family  Australia Patrick Corporation 0.772
91 0.822 Andrew Roberts  Australia Ex-Multiplex; property 0.819
92 0.817 Sam Chong  Australia Resources; hotels 0.440
93 0.813 Jack Gance  Australia Chemist Warehouse; retail 0.546
94 0.803 Mario Verrocchi  Australia Chemist Warehouse 0.558
95 0.787 Lloyd Williams  Australia Property; thoroughbreds 0.784
96 0.784 Shaun Bonétt  Australia Precision Group; property 0.718
97 0.784 Larry Kestelman  Australia Dodo Services; telecommunications 0.749
98 0.783 Chris Ellison  Australia Resources 0.754
99 0.775 Christian Beck  Australia Technology 0.619
100 0.756 Jina Chen and Alex Wu  Australia Healthcare 0.686
101 no data available
102 0.749 Allan Myers AC, QC  Australia Investment; agriculture 0.682
103 0.744 Rod Duke  Australia Briscoe Group 0.751
104 0.739 Dale Elphinstone  Australia Elphinstone Group; mining services 0.475
105 0.737 Theo Karedis  Australia Retail; property 0.723
106 0.730 Iris Lustig-Moar and Max Moar  Australia Property 0.694
107 no data available
108 0.714 Kevin Seymour and family  Australia Property 0.679
109 0.708 Andrew Muir and family  Australia The Good Guys n/a not listed
110 0.706 Travers Duncan  Australia Resources; property 0.670
111 0.704 Jack Bendat AM  Australia Property 0.701
112 0.702 Bruce Gordon  Australia Media 107 0.629
113 0.702 Bruno Grollo and family  Australia Grocon; property 0.720
114 0.689 Mark Creasy  Australia Resources 0.610
115 0.689 Mick Power  Australia Construction 0.902
116 0.684 David Greiner and Ben Richardson  Australia Technology 0.593
117 no data available
118 0.680 Chris Mackay  Australia Financial services 0.560
119 0.676 Andrew and Michael Buxton  Australia Property 0.579
120 no data available
121 0.673 Paul Fudge  Australia Media 0.663
122 0.762 Bruce Neill  Australia Financial services 0.472
123 0.667 Jonathan Hallinan  Australia Property 0.490
124 0.660 Max Beck  Australia Property 0.562
125 0.660 Harry Stamoulis and family  Australia Manufacturing 0.646
126 0.657 Kim McKendrick and family  Australia Ex-Godfrey Hirst Carpets 0.582
127 0.655 Frank Costa AO and family  Australia Agriculture 0.538
128 0.654 Kerry Harmanis  Australia Resources 0.640
129 0.651 Greg Poche  Australia Ex-StarTrack 0.638
130 0.646 Trevor Lee  Australia Agriculture 0.407
131 0.638 Terry Peabody  Australia Ex-Transpacific; investment 0.587
132 0.631 Zig Inge and family  Australia Property 0.611
133 0.625 Naomi Milgrom AO  Australia Sussan; Sportsgirl; Suzanne Grae 117 0.585
134 0.621 John Symond AM  Australia Ex-Aussie Home Loans 0.673
135 0.617 Hamish Douglass  Australia Financial services 0.531
136 0.611 Nick DiMauro  Australia Property 0.530
137 0.594 Marcus Blackmore  Australia Blackmores; healthcare 0.529
138 0.589 Leon Kamenev  Australia Ex-Menulog; technology 0.558
139 0.588 Christina and Tony Quinn  Australia Darrell Lea; retail 0.465
140 no data available
141 0.586 Jamie Pherous  Australia Travel services 0.432
142 0.580 Danny Hill  Australia Property 0.447
143 0.580 Tim Kentley-Klay  Australia Technology 0.470
144 0.574 Tim Gurner  Australia Property 0.473
145 0.569 Tony Tartak and family  Australia Services 0.407
146 0.566 Bill Roche and Imelda Roche AO  Australia Retail 0.504
147 no data available
148 0.561 Gordon Martin  Australia Manufacturing 0.484
149 0.560 Graham Tuckwell  Australia Financial services 0.462
150 0.559 Grahame Mapp  Australia Investment 0.423
151 0.555 Steven Kalmin  Australia Glencore 0.454
152 0.553 Paul Blackburne  Australia Property 0.530
153 0.549 Andrew Abercrombie  Australia Financial services 0.574
154 0.549 John Higgins  Australia Investment; services 0.484
155 0.546 Nigel Satterley  Australia Satterley; property 0.551
156 0.536 Robert Whyte  Australia Investment 0.446
157 0.535 George Kepper  Australia Technology; property 0.563
158 0.534 Diana and Rino Grollo  Australia Property 0.493
159 no data available
160 0.534 Kevin Maloney  Australia Mining services 0.499
161 0.534 John Singleton  Australia Media; investment; property 0.450
162 0.529 Tony Poli  Australia Resources; property 0.482
163 0.527 Hilton Nathanson  Australia Financial services 0.451
164 0.527 Will Vicars  Australia Financial services n/a not listed
165 0.519 David Paradice  Australia Financial services 0.479
166 0.519 Ian Roberts  Australia Healthcare 0.557
167 0.519 Tony Wales  Australia Ex-Computershare; investment 0.483
168 0.513 Robert Magid  Australia Property 0.499
169 0.511 Michael Boyd  Australia Sonic Healthcare 0.488
170 0.506 Arthur Laundy  Australia Hotels 0.412
171 0.506 Yenda Lee and family  Australia Bing Lee; retail 0.482
172 0.503 Seumas Dawes  Australia Financial services 0.412
173 0.499 Peter Cooper  Australia Financial services 0.507
174 0.498 Jan Cameron CNZM  Australia Ex-Kathmandu; retail n/a not listed
175 0.491 Peter Hughes and family  Australia Agriculture 0.391
176 0.487 Gerry Ryan OAM  Australia Jayco Australia; manufacturing 0.473
177 0.486 Greg Coffey  Australia Financial services 0.482
178 0.483 Evan Acton and family  Australia Rural 0.490
179 0.475 Dick Honan  Australia Manildra Group 0.440
180 0.472 Trevor St Baker  Australia Energy n/a not listed
181 0.468 Tony Haggarty  Australia Resources 0.462
182 0.459 Owen Kerr  Australia Financial services 0.342
183 0.457 Bryan Dorman  Australia Technology 0.520
184 0.453 John and Robert Kirby  Australia Village Roadshow; entertainment 0.454
185 no data available
186 0.450 Rod Jones  Australia Navitas Group 0.403
187 0.449 Bob Rose  Australia Property 0.454
188 0.432 Laurie Sutton  Australia Retail 0.453
189 0.428 John Simpson  Australia Property 0.614
190 0.415 Doug Shears  Australia Rural 0.413
191 0.413 Ori Allon  Australia Technology 0.364
192 0.411 Alf Moufarrige  Australia Servcorp; property 0.467
193 0.409 Bob Sharpless  Australia Property n/a not listed
194 0.407 Patricia Ilhan  Australia Crazy John's 0.404
195 0.405 Tony Denny  Australia Retail 0.355
196 0.404 John Kinghorn  Australia Investment 0.353
197 0.401 Alan Tribe  Australia Retail 0.375
198 0.399 Barry Lambert  Australia Financial services 0.437
199 0.395 Ruslan Kogan  Australia Kogan.com; retail n/a not listed
200 0.387 Radek Sali  Australia Ex-Swisse 0.372
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

See also

References

  1. ^ a b c d Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". Australian Financial Review. Retrieved 26 May 2018.
  2. ^ a b Janda, Michael (24 May 2018). "Rich List: Billionaires multiply as profits surge, wages stall". ABC News. Australia. Retrieved 2 October 2019.
  3. ^ Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News. Australia. Retrieved 2 October 2019.
  4. ^ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Australian Financial Review. Retrieved 8 June 2017.
  5. ^ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  6. ^ Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Archived from the original on 26 July 2014. Retrieved 17 July 2014.
  7. ^ Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Archived from the original on 9 October 2019. Retrieved 8 October 2019.
  8. ^ 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.
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