Financial Review Rich List 2021

The Financial Review Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 27 May 2021.

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. The combined wealth of the 200 individuals was calculated as $479.6 bn, an increase of $55.6 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the BRW Rich 200 commenced.[1][2] Thirty-nine women were included on the 2021 Rich List, representing 19.5 percent of the list; up from thirty women in 2020, or 12 percent. The list included eighteen debutants.[3][4]

Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual in 2020.[1][5] From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ranked fourth in the 2021 Rich List, after Andrew Forrest,[2] Australia's wealthiest individual in 2008,[6][7] and Mike Cannon-Brookes. Harry Triguboff was Australia's wealthiest individual in 2016,[8][9] ranked sixth in the 2021 Rich List.[3]

List of individuals

2021[3] Name Citizenship Source of wealth 2020[1]
Rank Net worth
A$ bn
Rank Net worth
A$ bn
1 31.06 Gina Rinehart  Australia Hancock Prospecting; investment 1 28.89
2 27.25 Andrew Forrest  Australia Fortescue Metals Group 2 23.00
3 20.18 Mike Cannon-Brookes  Australia Atlassian 5 16.93
4 20.09 Anthony Pratt and family  Australia Visy; Pratt Industries 3 19.75
5 20.00 Scott Farquhar  Australia Atlassian 6 16.69
6 17.27 Harry Triguboff  Australia Meriton Apartments 7 14.42
7 13.01 Clive Palmer  Australia Mineralogy and other mining interests; hospitality 8 9.18
8 11.70 Hui Wing Mau  People's Republic of China
 Australia[10]
Shimao Property 4 18.06
9 8.51 Sir Frank Lowy  Australia ex-Westfield; property 9 8.30
10 7.98 Melanie Perkins and Cliff Obrecht  Australia Canva 26 3.43
11 7.86 Alan Wilson and family  Australia Reece Group 12 4.93
12 7.39 Ivan Glasenberg  Australia[11]
 South Africa
 Switzerland[12]
Glencore commodities trading 16 4.54
13 7.18 Kerry Stokes  Australia Property; Seven West Media; resources 10 6.26
14 5.80 John Gandel  Australia Property (shopping centres) 11 5.45
15 5.72 James Packer  Australia Crown Resorts; Consolidated Media Holdings 13 4.69
16 5.04 Len Ainsworth and family  Australia Gaming; manufacturing 18 4.42
17 4.94 Jack Cowin  Australia Competitive Foods Australia; investment 17 4.51
18 4.76 Vivek Chaand Sehgal  Australia Motherson Sumi Systems 14 4.63
19 4.70 Richard White  Australia Technology 20 4.10
20 4.57 Chau Chak Wing  Australia Property; investments 15 4.60
21 4.48 Lang Walker  Australia Walker Corporation (property) 19 4.27
22 4.43 Lachlan Murdoch  United States
 United Kingdom
 Australia[13]
Media 22 3.76
23 4.37 Solomon Lew  Australia Premier Investments; retail 24 3.72
24 4.13 Angela Bennett  Australia Mining 21 3.83
25 4.01 Lindsay Fox  Australia Linfox; property 23 3.72
26 3.96 Andrew Budzinski  Cyprus IC Markets; financial services 58 1.67
27 3.96 Alexandra Burt and Leonie Baldock  Australia Resources 25 3.62
28 3.20 Gerry Harvey and Katie Page  Australia Harvey Norman 31 2.57
29 3.19 Morry Fraid, Zac Fried and family  Australia Retail; property 72 1.41
30 2.99 Greg Goodman and family  Australia Goodman Group; property 46 2.02
31 2.89 David Hains  Australia Investment 28 2.93
32 2.80 Prudence MacLeod  Australia News Corporation and News UK 36 2.24
33 2.79 Michael Heine and family  Australia Financial services 53 1.83
34 2.69 Tony Perich and family  Australia Agriculture; property 43 2.05
35 2.68 Laurence Escalante  Australia Gaming n/a not listed
36 2.67 Nick Molnar  Australia Afterpay; technology 50 1.86
37 2.66 Betty Klimenko, Monica Weinberg-Saunders and family  Australia Property 29 2.73
38 2.66 Anthony Eisen  Australia Afterpay; technology 51 1.86
39 2.65 Brett Blundy  Australia Retail; property; agriculture 37 2.20
40 2.55 David and Vicky Teoh  Australia Telecommunications 32 2.54
41 2.53 Kie Chie Wong, Ann Lim and family  Malaysia[3] Investor; resources 44 2.04
42 2.53 Terry Snow  Australia Capital Airport Group; property 27 3.19
43 2.49 John Van Lieshout  Australia Retail 45 2.03
44 2.40 John Hancock  Australia Hancock Prospecting 40 2.05
45 2.34 Michael Hodgson  Australia Property 33 2.33
46 2.32 Maurice Alter and family  Australia Retail 34 2.31
47 2.31 Bianca Rinehart  Australia Hancock Prospecting 39 2.05
48 2.31 Ginia Rinehart  Australia Hancock Prospecting 42 2.05
49 2.31 Hope Welker  Australia Hancock Prospecting 41 2.05
50 2.30 Gretel Packer  Australia Crown Resorts; investment 56 1.77
51 2.26 Cameron Adams  Australia Canva 104 1.00
52 2.21 Sir Michael Hintze GCSG, AM  Australia
 United Kingdom
Retail; investment 30 2.60
53 2.05 Marcus Besen and family  Australia Retail 35 2.24
54 2.02 Nick Politis  Australia Retail; property 79 1.31
55 1.98 Bob Ell  Australia Property 47 1.98
56 1.98 Gary Tieck and family[note 1]  Australia Property; investment n/a not listed
57 1.93 Nigel Austin  Australia Cotton On Group; retail 49 1.92
58 1.90 Russell Withers and family  Australia Retail 55 1.79
59 1.85 Ye Lipei  Australia Property 48 1.95
60 1.82 Jack Gance  Australia Chemist Warehouse; retail 93 1.10
61 1.81 Bruce Mathieson  Australia Gaming; investments 63 1.54
62 1.79 Jonathan Munz and family  Australia Manufacturing 60 1.59
63 1.79 Mario Verrocchi  Australia Chemist Warehouse 98 1.06
64 1.78 Maha Sinnathamby  Australia Residential property 76 1.35
65 1.76 Sam and Andrew Buckeridge and family  Australia Buckeridge Group of Companies 54 1.79
66 1.72 Paul Salteri and family  Australia Investment 57 1.69
67 1.71 Paul Little  Australia Toll Holdings 59 1.67
68 1.63 John Casella and family  Australia Agriculture 62 1.57
69 1.60 Manny Stul and family  Australia Moose Toys; retail 119 0.835
70 1.58 Tim Roberts  Australia Ex-Multiplex; investment 52 1.86
71 1.55 Judith Neilson  Australia Investment 69 1.44
72 1.55 Alan Rydge  Australia Rydges Hotels & Resorts; Event Cinemas 80 1.30
73 1.55 Kerr Neilson  Australia Financial services 73 1.38
74 1.54 Robert Millner and family  Australia Washington H Soul Pattinson; investment 89 1.16
75 1.54 Sam Tarascio  Australia Property 64 1.53
76 1.53 Khalil Shahin and family  Australia Retail 61 1.58
77 1.50 Alex Waislitz  Australia Investment 65 1.49
78 1.45 Chris Wallin  Australia QCoal; resources 70 1.43
79 1.44 Peter Gunn  Australia Logistics; investment; property 71 1.42
80 1.44 Raymond Barro and family  Australia Construction 66 1.48
81 1.44 Eddie Hirsch  Australia United Petroleum 77 1.32
82 1.42 Avi Silver  Australia 78 1.32
83 1.39 Paul Lederer  Australia Ex-Primo smallgoods; investment 75 1.36
84 1.36 Anthony Hall  Australia Technology 122 0.820
85 1.35 Chris Thomas  Australia Agriculture 74 1.37
86 1.32 Sam Hupert  Australia Technology 134 0.761
87 1.29 Chris Ellison  Australia Resources 103 1.00
88 1.27 Arthur Laundy  Australia Hotels 181 0.584
89 1.27 John Richards and family  Australia Waste management 86 1.19
90 1.27 Raphael Geminder  Australia Manufacturing 97 1.06
91 1.26 Con Makris and family  Australia Property 82 1.25
92 1.26 Nicholas Paspaley and family  Australia Paspaley Pearls 83 1.25
93 1.24 Chris Mackay  Australia Financial services 68 1.46
94 1.23 Hamish Douglass  Australia Financial services 67 1.47
95 1.22 Bill Roche and Imelda Roche  Australia Retail 84 1.21
96 1.21 Nechama Werdiger and family  Australia Property 85 1.20
97 1.21 Justin Hemmes  Australia Hotels; property 101 1.00
98 1.19 Reg and Hazel Rowe  Australia Super Retail Group; property 88 1.17
99 1.18 Lyn Ingham and family  Australia Ex-Inghams Enterprises; manufacturing 87 1.17
100 1.18 Huang Bingwen and family  Australia Manufacturing 81 1.28
101 1.17 Shaun Bonétt  Australia Precision Group; property 99 1.06
102 1.17 Trevor Lee  Australia Agriculture 100 1.02
103 1.16 Sandy Oatley and family  Australia Agriculture; property; tourism 90 1.13
104 1.16 Sam Kennard and family  Australia Kennards Self Storage n/a not listed
105 1.15 John Kahlbetzer  Australia Agriculture 92 1.10
106 1.13 Sam Chong  Australia Resources; hotels 91 1.12
107 1.10 Ralph Sarich  Australia Investment; property 94 1.08
108 1.09 Denis Wagner and family  Australia Construction; mining services 102 1.00
109 1.06 Dale Elphinstone  Australia Elphinstone Group; mining services 96 1.08
110 1.06 Dick Honan  Australia Manildra Group 95 1.08
111 1.01 Jamuna Gurung and Shesh Ghale  Australia Melbourne Institute of Technology 105 0.994
112 0.997 Gordon Fu and family  Australia Property 106 0.992
113 0.995 Peter Scanlon and family  Australia Patrick Corporation 107 0.983
114 0.939 Andy Kennard and family  Australia Kennards Hire n/a not listed
115 0.933 Naomi Milgrom  Australia Sussan; Sportsgirl; Suzanne Grae 125 0.795
116 0.925 Chris Morris  Australia Computershare; financial services; hospitality 108 0.922
117 0.907 Rod Spooner and family  Australia Property 109 0.904
118 0.904 Ervin Vidor and Charlotte Vidor  Australia Property; hotels 115 0.866
119 0.903 Lloyd Williams  Australia Property; thoroughbreds 110 0.896
120 0.902 Laurie Sutton  Australia Retail 113 0.884
121 0.874 Marnie Lewis-Millar, Shay Lewis-Thorp and family  Australia Property 120 0.834
122 0.871 Joy Chambers-Grundy  Australia Media 114 0.871
123 0.870 Bruce Gordon  Australia Media 111 0.892
124 0.869 Rod Duke  Australia Briscoe Group 123 0.802
125 0.867 Will Vicars  Australia Financial services 176 0.608
126 0.858 Nick Andrianakos and family  Australia Property n/a not listed
127 0.857 Mark Creasy  Australia Resources 116 0.853
128 0.844 Tony Walls  Australia Technology 128 0.783
129 0.843 Shangjin Lin and family, Yunhui Lin  Australia Property 117 0.839
130 0.837 Andrew Roberts  Australia Ex-Multiplex; property 121 0.827
131 0.834 Allan Myers  Australia Investment; agriculture 127 0.791
132 0.827 Spiros Alysandratos  Australia Travel; property 124 0.798
133 0.825 Theo Karedis  Australia Retail; property 131 0.775
134 0.820 Roy Medich  Australia Property n/a not listed
135 0.800 John Symond  Australia Ex-Aussie Home Loans 112 0.891
136 0.790 Harry Stamoulis and family  Australia Manufacturing 126 0.793
137 0.787 Cyan and Collis Ta'eed and family  Australia Technology 130 0.777
138 0.786 Shirley Costa and family[note 2]  Australia Agriculture 132 0.770
139 0.785 Larry Kestelman  Australia Dodo Services; telecommunications 135 0.760
140 0.770 Peter Cooper  Australia Financial services 137 0.754
141 0.763 Arnold Vitocco  Australia Property 136 0.758
142 0.748 Nick DiMauro  Australia Property 144 0.721
143 0.745 Brian Flannery  Australia Resources 138 0.740
144 0.737 Neil Rae and family  Australia Ex-Gull Petroleum 139 0.733
145 0.736 Robert Whyte  Australia Investment 141 0.731
146 0.735 Jonathan Hallinan  Australia Property 145 0.720
147 0.731 John Singleton  Australia Media; investment; property 142 0.728
148 0.729 Ian Malouf  Australia Waste services 147 0.703
149 0.727 Trevor St Baker  Australia Energy 149 0.699
150 0.725 Travers Duncan  Australia Resources; property 140 0.732
151 0.724 David Dicker  Australia Technology n/a not listed
152 0.723 Sunny Ngai and family  Australia Manufacturing 197 0.547
153 0.721 Tania Austin  Australia Retail n/a not listed
154 0.710 Kevin Seymour and family  Australia Property 163 0.662
155 0.706 Peter Hughes and family  Australia Agriculture 151 0.694
156 0.705 George Koukis  Switzerland Software 146 0.715
157 0.704 Richard Smith  Australia Food services 148 0.702
158 0.700 Garry Rothwell  Australia Property 175 0.611
159 0.697 Ori Allon  United States Technology 150 0.695
160 0.693 Greg Poche  Australia Ex-StarTrack 155 0.687
161 0.692 Kerry Harmanis  Australia Resources 154 0.690
162 0.688 Robyn Denholm  Australia Technology n/a not listed
163 0.687 Michael Boyd  Australia Sonic Healthcare 152 0.693
164 0.681 Christian Beck  Australia Technology 153 0.691
165 0.679 Tony Tartak and family[note 1]  Australia Waste; Bingo Industries n/a not listed
166 0.677 Owen Kerr  Australia Financial services 173 0.617
167 0.676 Kim McKendrick and family  Australia Ex-Godfrey Hirst Carpets 158 0.683
168 0.672 Paul Fudge  Australia Media 157 0.684
169 0.670 Diane Burger and family  Australia Property 160 0.667
170 0.668 Greg Coffey  United States Financial services 164 0.655
171 0.665 George Kepper  Australia Technology; property 156 0.684
172 0.664 Max Beck  Australia Property 161 0.665
173 0.663 Don McDonald and family  Australia Financial services 169 0.639
174 0.658 Joanna Horgan and Peter Wetenhall  Australia Retail n/a not listed
175 0.657 Zig Inge and family  Australia Property 166 0.645
176 0.655 Megan Wynne and Bruce Bellinge  Australia Human services n/a not listed
177 0.652 Andrew and Michael Buxton  Australia Property 165 0.646
178 0.650 Rhonda Wyllie and family  Australia Investment 171 0.632
179 0.648 Robert Magid  Australia Property 162 0.664
180 0.647 Terry Peabody  Australia Ex-Transpacific; investment 167 0.644
181 0.646 David Tudehope and Aiden Tudehope  Australia Macquarie Telecom n/a not listed
182 0.639 Jack Bendat  Australia Property 170 0.634
183 0.632 Fiona Tudor Brown  Australia Technology n/a not listed
184 0.631 John Higgins  Australia Investment; services 172 0.629
185 0.627 David Paradice  United States Financial services 174 0.613
186 0.626 Tah-nee and Simon Beard  Australia Retail n/a not listed
187 0.611 Barry Lambert and family  Australia Financial services 168 0.643
188 0.610 Zeljko Ranogajec  Isle of Man Gaming 179 0.600
189 0.609 Tim Gurner  Australia Property 185 0.581
190 0.607 Bob Rose  Australia Property 177 0.605
191 0.605 Neville Bertalli[note 1]  Australia Retail n/a not listed
192 0.600 Robin Khuda  Australia Technology n/a not listed
193 0.598 Larry Diamond  Australia Zip Co; technology 194 0.552
194 0.597 Charles Gibbon  Australia Technology 183 0.587
195 0.596 Paul Blackburne  Australia Property 187 0.579
196 0.695 Jina Chen and Alex Wu  Australia Healthcare 159 0.680
197 0.594 Judy Brinsmead  Australia Construction 180 0.594
198 0.593 Wes Maas  Australia Construction n/a not listed
199 0.592 Grant Petty  Australia Manufacturing n/a not listed
200 0.590 Douglas Clarke  Australia Manufacturing n/a not listed
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 2021 list

The following individuals, who appeared on the Financial Review Rich List 2020, did not appear on the 2021 list:

2020[1] Name Citizenship Source of wealth Reason
(other than financial)
Rank Net worth
A$ bn
38 2.13 Peter, Andrew and Lex Greensill  Australia
 United Kingdom
Financial services; agriculture Greensill scandal[14][15][16][17]
118 0.817 Eddie Machaalani  Australia Technology
129 0.780 Mitchell Harper  Australia Technology
133 0.764 Diana and Rino Grollo  Australia Property Parts of Grocon were placed in administration in November 2020[18][19]
143 0.724 Paul Baiada and family  Australia Manufacturing; food production
178 0.601 Leon Kamenev  Australia Ex-Menulog; technology
182 0.588 Gary Johnston  Australia Jaycar; retail
184 0.585 Tony Haggarty  Australia Mining
186 0.580 Jiwan and Suman Mohan  Australia Agriculture
188 0.575 Ruslan Kogan  Australia Kogan.com; technology
189 0.569 Geoff Lord  Australia Resources
190 0.564 Bevan Slattery  Australia Technology
191 0.560 Tony Poli  Australia Resources; property
192 0.556 Gordon Martin  Australia Manufacturing
193 0.554 Grahame Mapp  Australia Investment
195 0.550 Cathie Reid and Stuart Giles  Australia Helathcare
196 0.549 Andrew Abercrombie  Australia Financial services
198 0.546 Danny Hill  Monaco Property
199 0.545 Scott Hutchinson and family  Australia Construction
200 0.540 Nigel Satterley  Australia Satterley; property

Notes

  • ^1 : Individual was listed on a previous year's list, that was not the 2020 Rich List.[20]
  • ^2 : Previous years' listing was in the name of Frank Costa who died on 2 May 2021.[21]

See also

References

  1. ^ a b c d Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  2. ^ a b Kruger, Colin (30 October 2020). "What crisis? Red dirt billionaires still rule the rich list". Sydney Morning Herald. Retrieved 31 October 2020.
  3. ^ a b c d Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  4. ^ Sprague, Julie-anne; Bailey, Michael (28 October 2020). "Meet the debutants storming up the Rich List". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  5. ^ Jackson, Sally (23 May 2012). "The $29.17 billion woman: Gina Rinehart tops BRW's Rich List". The Australian. Retrieved 23 May 2012.
  6. ^ Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". News.com.au. Australia. Australian Associated Press. Retrieved 27 July 2011.
  7. ^ "BRW Rich 200 2011 Wealth Index". BRW. Australia. 25 May 2011. Archived from the original on 28 September 2011. Retrieved 27 July 2011.
  8. ^ Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200". Australian Financial Review. Australia. Retrieved 7 June 2016.
  9. ^ Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News. Australia. Retrieved 7 October 2019.
  10. ^ 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.
  11. ^ 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.
  12. ^ 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.
  13. ^ 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.
  14. ^ "David Cameron Greensill scandal: Why is there an independent investigation?". The Daily Telegraph. 13 April 2021. ISSN 0307-1235. Retrieved 13 April 2021.
  15. ^ Makortoff, Kalyeena; Butler, Ben; Smith, Joseph (13 April 2021). "Greensill scandal: ex-civil servant had $8m stake in lender". The Guardian. Retrieved 13 April 2021.
  16. ^ Powell, Rob (12 April 2021). "Greensill: What is the lobbying scandal and why is David Cameron involved?". Sky News. Retrieved 13 April 2021.
  17. ^ "The Sunday Times view on the Greensill lobbying scandal: this should worry us all". Sunday Times. ISSN 0140-0460. Retrieved 13 April 2021.
  18. ^ "Iconic builder Grocon declares insolvency and is set to go into administration". ABC News. Australia. 20 November 2020.
  19. ^ Danckert, Sarah (28 December 2020). "From invincible to fallen: How Grocon and Daniel Grollo came down to earth". Sydney Morning Herald. Retrieved 29 December 2020.
  20. ^ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  21. ^ Ryan, Peter; Ractliffe, Damien (2 May 2021). "Geelong mourn the death of local legend Frank Costa". The Age. Retrieved 2 May 2021.