Business was different in those days, he says. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. See the full Australias Richest 250 list, Billionaire central: The top 5 richest suburbs, Meet the 30 women who have made their mark. Sector: Packaging | Revenue: $544m | Last Years Ranking: 36. Maggie Beer Holdings represent four brands of gifting, food and beverage products using Australian ingredients and materials that support local dairy farmers, fruit and vegetable growers. And he has just one simple rule for long-term success. Sector: Automotive | Revenue: $219.5m | Last Years Ranking: Unranked. Hes setting up a new technology education foundation to get the ball rolling. 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. Yang Huiyan has a net worth of $19 billion. Billionaire Scott Farquhar is worth $21.95bn. Rineharts Hancock Prospecting delivered another huge profit for 2022, a $5.8 billion net result, though it was less than the record the iron ore miner produced in 2021. Sector: Infrastructure and Transportation | Revenue: $69.7m | Last Years Ranking: 76. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 65. Tech storms into top 10 rich list as Canva and Atlassian founders Sector: Food and Beverage | Revenue: $274m | Last Years Ranking: 48. Sector: Waste Disposal | Revenue: $245m | Last Years Ranking: 30. InDaily's ranking of the state's top 100 companies by market capitalisation and revenue covers the 2019-20 financial year.. 54) has been removed from the list. OZ Minerals is a copper-focused miner based in Adelaide with South Australian copper-gold mines at Prominent Hill and Carrapateena. 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. Peter Cochrane Management (Cochranes Transport), 62. The average age of members is 65, with 98-year-olds Len Ainsworth (Aristocrat Leisure and Ainsworth Game Technology . Gina Rinehart - $32.64 billion (down from $36.28 billion) 3 / 10 2. Some of the states richest residents have seen their net worth plummet as varying forces wreck havoc on their bottom line. Almondco Australia supplies premium quality almond products to the world. Then it pays to have these two traits that the founders of Canva and Meriton share, the editor of the Richest 250 tells the Money Cafe podcast. Zareh Nalbandian was paid more than $700 million when he sold his Animal Logic animation studio to Netflix last November, an analysis of the streamers accounts reveals. 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: Information technology and equipment | Revenue: $20.9m | Last Years Ranking: 50. The company has maintained the rage over the Labor governments industrial relations changes while handing down a huge return for billionaire Gina Rinehart. Property Sector Dominates Australia's Rich List - The Urban Developer Map | Celebrity Net Worth Racing SA is the controlling body for horse racing in South Australia. In #8 and #9 husband-and-wife Canva co-founders slide into the top 10 with a company valued at more than $55 billion. Follow the topics, people and companies that matter to you. China (including Macau and . Sector: Infrastructure and transportation | Revenue: $115m | Last Years Ranking: 11. Champion footballer Chris Judd now considers himself a full-time investor, putting his money into dozens of small ASX-listed stocks. View Gallery. The companys massive rise comes on the back of the approval of its Finniss lithium mine and processing plant in the Northern Territory after signing a contract with a key supplier to electric carmaker Tesla. Help using this website - Accessibility statement, delivers the list its youngest-ever member. Established in 1862, Coopers is the sole major brewer 100 per cent owned by Australians, claiming about 5% of the Australian beer market. 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. Sector: Retail | Revenue: $96m | Last Years Ranking: Unranked. Australias wealthy are involved in charity pursuits at a much earlier stage of their career than ever, with young tech elites leading the way. The company now has a $1 billion share portfolio and large cattle and agricultural holdings. 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. Bitcoin retreats. Farquhar sits in fourth spot with $26.41 billion, up from $20 billion. The Best New Entrant Award was presented to business software company CAMMS, which debuted at No. Companies owned in part or whole by government, government agencies and organisations, and registered charities are not eligible. She doesnt. Sector: Food and Beverage | Revenue: Undisclosed | Last Years Ranking: 71. Thirty-two years after founding their eponymous label, sisters Nicky and Simone Zimmermann have reaped the rewards of putting Australia on the international fashion map. Unless the government gets on top of it then people are going to be awfully afraid to go into stores, says Briscoe boss. Duxton Broadacre Farms offers investors a diversified portfolio of Australian farms. 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. While she hasnt moved rank in the last year, she has added another $1.58 billion to her name. Dream of becoming a billionaire? Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 70. Known . See the new rankings. Richest And Poorest States Of Australia - WorldAtlas South Australia's top 100 companies: The full list for 2021 - InDaily Today we reveal the top 20 companies in InDaily's South Australian Business Index - our annual review of the top private and public companies in the state - and the winners of the four awards categories. Richest 250 | The Australian The Manly offering is part of family succession planning and follows Robert Magids sale of the Harbour Rocks Hotel in Sydney and the Hotel Lindrum in Melbourne. Sector: Building and construction | Revenue: $83 million | Last Years Ranking: 52. These Are The Richest People In Australia In 2021 (Australian Skilled Migrants. At a time when fighting climate change is more urgent than ever our region is at just 25 per cent readiness for energy transition, one of the lowest globally and second only to Latin America at 22 per cent. Kennetts is a family-owned company that delivers major commercial construction projects. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 73. A unique collection of NFTs celebrates their success. In #2 fellow mining magnate Andrew Forrest comes in at a close second with a wealth of $31.77 billion. The Standout Large Employer Award was won by Peregrine Corporation, the operator of the states network of On the Run service stations. The Australian losers included Melanie Perkins and Mike Cannon-Brookes Jan 2, 2023 Devon Pendleton December 2022 Federal election Ten top AFR Magazine reads in 2022 This year, writers went. It is still one of the biggest profits for a private Australian company in recent memory, and shows how successful Rinehart has been with the huge Roy Hill mine that she had to negotiate a complex $US7.2 billion debt package to start a decade ago. The returnees include Flight Centre founder Graham Turner. Sector: Electrical | Revenue: $46.7m | Last Years Ranking: Unranked. She makes choices, The artisans turning Australian flora into luxe textiles, Why this CEO would like to play golf with Richard Branson, Its been like a dream: Dancer returns to the stage after two decades, Winners emerge from building sector collapses. Alcidion Group Limited is a health informatics company providing clinicians with decision support tools. Its not all work for the big players on The List: The Richest 250. Richest Australians 2022. Andromeda Metals has been added at No.26 and NSW-based Ansarada Group (previously No. Shares are poised to edge lower. Palmer has also battled WA Premier Mark McGowan in court and has also tried, unsuccessfully so far, to launch new coal-mining projects in Queensland. Thats less than the $16.5 billion they achieved when the Young Rich List was published in October but still almost double the wealth they held on the 2021 Rich List. Yasser Shahin and Dr Sam Shahin. The all-powerful Packer family was once Australias wealthiest but iron ore barons and tech unicorns have leapt ahead of James. But how he chooses to spend it is unique. Not only that, but Australia now has a massive 131 billionaires. There is, of course, a more traditional way to make plenty of money: property. South Australian Graduate. The worlds richest people lost $2.1 trillion between them last year. But there are others also making big money in fashion. Debutantes on The List are tech gurus, healthcare experts and some veterans of business whove made big money during the pandemic. 2 / 10 1. Independent Pub Group Holdings (GM Hotels), 28. Jonathan Hallinan, the developer behind Melbournes distinctive Shadow Play skyscraper, has died at 47 after a battle with cancer. Beston Global Food Company Limited exports a range of food products, focusing on dairy and meat. Gina Rinehart tops the list with a massive $32.64 billion wealth. Sector: Energy | Revenue: $131.6m| Last Years Ranking: 17. Cooper Energy is an energy company that discovers, develops and commercialises oil and gas in Australia. Gold Trip wins, followed by Emissary and High Emocean; Not a good day for Macquaries quants or Chanticleer; polar blast and hail didnt deter the punters (and the politicians). Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. Sparc Technologies Ltd develops innovative graphene-based technology solutions. Beach has a core focus on the resource-rich Cooper Basin. Sophie Ireland Stats Gate April 24, 2021. The Melbourne apartments developer says the top end of the market is holding up, but policies need to change or construction jobs will be lost. The worlds biggest solar farm backed by Mike Cannon-Brookes and Andrew Forrest wins major project status from the Morrison government. Creditors include four entities in billionaire Anthony Pratts Visy Group, and the founder of Kathmandu outdoor clothing, Jan Cameron. Sector: Energy | Revenue: Undisclosed | Last Years Ranking: 72. Please click below to help InDaily continue to uncover the facts. The total valuation of Australia's 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list . That has all now been paid off, and Rinehart and her partners are reaping the rewards. Haighs Chocolates creates Australian-made chocolates in Adelaide. Sector: Mining | Revenue: $1.7b | Last Years Ranking: 3. Independent Pub Group Holdings operates licensed hotels and retail liquor outlets in South Australia. Glasenberg was listed last year as a defendant in a class action-style lawsuit brought against Glencore in Londons High Court promoted by the companys conviction for bribery across several African countries when Glasenberg was in charge. The List: Australia's Richest 250 has this year risen to a total wealth of $520.20 billion, at an average of $2.08 billion for each of the 250 members. 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. S&P 500 dips. Sector: Engineering | Revenue: Undisclosed | Last Years Ranking: 75. The Financial Review Rich List 2022 has compiled Australia's top 10 richest people, and their influence spreads far and wide. Late last year, Pratt announced he will spend more than $7 billion expanding in the US over the next decade, as part of the biggest ever expenditure strategy. A high-stakes trial involving two billionaires and royalties from Rio Tinto iron ore mines is set to go ahead. Institutional investors may see Blackstones Crown offer as close to the mark, but James Packer will be eyeing potential rival bids. The list, compiled for InDaily by Adelaide financial services firm Taylor Collison, is the states most definitive guide to our top companies (scroll to the bottom of the page for eligibility criteria). The group provides risk advice and general insurance broking. Sector: Infrastructure and transportation | Revenue: $240m | Last Years Ranking: 9. A company founded and majority-owned by South Australians. Sector: Financials | Revenue: $262m | Last Years Ranking: 24. The sixth-generation family-owned company has a diverse range of agricultural assets and is one of Australias biggest wool producers. That shows just how successful Farquhar has been as a technology entrepreneur alongside friend and business partner Mike Cannon-Brookes at software firm Atlassian. At #1 Gina Rinehart tops the list with a massive $32.64 billion wealth. But they were paid $2.7 billion in Block equity and, as such, about $1 billion has been wiped from their wealth, which falls more than 40 per cent to $1.52 billion each this year. Core Lithium Ltd a lithium-focused exploration and mining company. Occupation Lists | Move to South Australia Sector: Building and construction | Revenue: $470.3m | Last Years Ranking: 40. 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. Thats boosted Cannon-Brookes fortune to $27.83 billion, up from $20.18 billion. The differences between Andrew Forrest and Gina Rinehart on energy shine a light on the dilemma facing a nation blessed with oil, gas, and the sun and winds needed for renewables. Mining magnates and property barons are still doing well on The List, but technology titans like Mike Cannon-Brookes and Melanie Perkins are the big losers this year. Pubs may be going through changing times but veteran hotel mogul Arthur Laundy reckons they still make up the fabric of Australia. Badge is a privately-owned construction group delivering commercial projects across Australia from offices in Adelaide, Brisbane, Maroochydore and Perth. English soccer a new and increasingly lucrative arm of Australian bankings millionaires factory. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. The past years have been tough for most, but exponentially profitable for others. 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 Sector: Food and beverage | Revenue: $84m | Last Years Ranking: 62. Follow updates here. Advertisement Support independent JournalismDonateSubscribe News News Local Australias rich lost a lot of money in 2022 and it could get worse for some billionaires this year, but others could buck the trend. 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. Hancock Prospectings flagship Roy Hill mine delivers a $3.3 billion dividend despite weaker iron ore prices. That should stand them in good stead, and their valuation is only falling in line with other tech firms. Mark Riley and Ailish Delaney / Centrelink. Sector: Healthcare | Revenue: $400m | Last Years Ranking: 18. *KIPT has changed its name to Kiland since this list was originally published, Sector: Infrastructure and transportation | Revenue: $60.7m | Last Years Ranking: 80. Queensland retail couple Tah-nee and Simon Beard fail to make the list after taking equity in US-listed AKA Brands as part of the second tranche of their sale of Culture Kings. Hotel baron Chris Morris says restrictions mean it isnt worthwhile to open some of the Victorias most famous pubs. Chris Ellisons Mineral Resources is talking up its takeover bid for Norwest Energy as Gina Rinehart continues to slug it out with Strike Energy in the battle for Warrego. Has Aussie billionaire created the next tech unicorn? The Financial Review Rich List wealth soars past half a trillion The data,. Out now: The definitive list of Australias wealthiest people, now in its 40th year. The Richest And The Poorest States Of Australia. Sector: Agriculture | Revenue: undisclosed | Last Years Ranking: 29. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 13. Suburbs with highest-density of the painfully rich are: Toorak, 20, Point Piper, 12, Vaucluse, 11, and Mosman Park, 6. Hi there, welcome to your account and your subscriber benefits, The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country. Silk began with one clinic in South Australia offering a range of cosmetic services, and now has locations across the country. Over the last 30 years, Peregrines operations have grown to include OTR convenience stores, The Bend Motorsport Park, Smokemart Giftbox retail stores and a range of property investments. Mannix Electrical Pty Ltd is an electrical contracting business that specialises in air conditioning, home heating and solar. The Australian releases annual List of Australia's Richest 250 Cannon-Brookes has made plenty of headlines for his renewable energy pursuits, all while the share price of his software firm Atlassian has fallen markedly in the past year. Richest People in South Australia, AU - Net Worth You can. Hains, who died on Sunday morning aged 92, has been remembered by his family and fellow Rich Listers for both his self-made business success, and personal warmth. Sector: Professional services | Revenue: $185m | Last Years Ranking: 46. Mayne Pharma Group is a specialty pharmaceutical company focused on applying its drug delivery expertise to commercialise branded and generic pharmaceuticals. 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. The overall wealth of the 10 richest people represents 40 per cent of the record $554.9 billion held by this years Rich Listers. The leather good and fashion retailer posted strong double-digit sales growth over the year, but is bracing for a slowdown in 2023. 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: Mining | Revenue: Not meaningful | Last Years Ranking: 27, Andromeda explores for halloysite, gold and copper deposits. Arrowcrest is the parent company of automotive and farming machinery companies ROH Wheels, John Shearer, Unicast, Tristar, NonFerral, Kockums Industries and Brownbuilt. There are13 debutantes on the 2022 Rich List, helping drive the total wealth of Australia's top 200 past half a trillion dollars to $555 billion, up from $480 billion in 2021, making the past year a record period for wealth creation. Parafield Airport is South Australias premier general aviation airport and is a major world-standard international training airport. The tech duo were, for a few months in late 2021, the richest in the land as a soaring Atlassian share price and a falling iron ore price caused a switch at the top since last Mays Rich List. Forrest has been outspoken for the best part of two years now about his Fortescue Future Industries, the subsidiary of Fortescue Metals Group that he wants to turn into one of the worlds biggest energy producers. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 83. *combined with Melanie PerkinsThe 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. The Australian doesn't play nicely with your current browser. 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. They wind down in various ways, from the sporty to the leisurely or just collecting ritzy houses. Established in 1996, RJE provides multi-disciplinary engineering and construction services to complex projects across a range of industries. Tania Austin, the owner of Decjuba, is one of the most impressive new names on The List Australias Richest 250 this year. Sector: Information technology and equipment | Revenue: $24.5m | Last Years Ranking: 90. More recently, Cannon-Brookes and fellow billionaire Andrew Forrest were involved in a spat over the $30 billion Sun Cable project they both back that resulted in the large renewable development going into administration after a dispute about its future. Nova Eye Medical develops novel glaucoma treatment technologies. Duxton Water Limited is a South Australian investment firm with water entitlements in the Southern Murray Darling Basin. Galipo Foods is a large-scale supplier to the foodservice industry. Atlassian shares slumped more than 46 per cent from their peak in October last year but, as at April, they were still trading above where they were a year ago. Peter Coopers quest for freedom led him to a profound change he says not only makes him a better investor, but opens the way for a much bigger life. Rank State or territory GSP (million A$, 2003-04) GSP (million A$, 2013-14) Net growth (million A$) Growth rate per year; 1: Venross operate as a retail and entertainment wholesaler, VR Distribution, selling merchandise including board and card games and collectibles. Of the 250 people on the list, only 30 of them are women, a slight improvement from last years 27. 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.. Combined, the businesses have more than $10 billion in annual revenue. Sector: Food and beverage | Revenue: $147m | Last Years Ranking: 55. 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. By continuing to use our site you are agreeing to our, 81. Australias youngest business leaders are making big money from cryptocurrency gambling, non-fungible-tokens, power tools and selling mortgages. 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