The Detmold Group is a manufacturer of paper and board-based packaging products for a diverse range of customers. Visy paid $733m for Australias biggest beer bottle maker and will spend $500m more to make lighter, cheaper bottles. Sector: Agriculture | Revenue: $48.5m | Last Years Ranking: 67. Sector: Automotive | Revenue: Undisclosed | Last Years Ranking: 16. Sector: Other | Revenue: $44.9m | Last Years Ranking: 79. Sector: Building and construction | Revenue: $347m | Last Years Ranking: 35. Perkins and Obrecht, who are married, occupy eighth place with a combined wealth of $13.8 billion. Rich lister Shaun Bonett is best known for his property holdings, but another venture thats cashing in on the online shopping boom may well be his gift that keeps on giving. Meeting the need for economy-wide, unified and trusted public services. Markets plunged in March last year, but it has been smooth sailing ever since for some of the biggest names in Australian business. InDaily's ranking of the state's top 100 companies by market capitalisation and revenue covers the 2019-20 financial year.. Sector: Food and beverage | Revenue: $52.8m | Last Years Ranking: Unranked. With fitness routines that speak to their enduring determination, veteran operators Harry Triguboff, Arthur Laundy and Bob Magid are not taking things lying down. Havilah Resources engages in the exploration of gold, base metals, and other mineral deposits in Australia. SeaLink is a tourism and transport company, operating across Australia, with more than 9000 staff and six million customers annually. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. At #7 Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. This year, writers went behind the scenes and analysed the big themes that defined Australias year in business and beyond. He is also responsible for the Financial Review's Rich Lists. Sector: Building and construction | Revenue: $460m | Last Years Ranking: 28. Parafield Airport is South Australias premier general aviation airport and is a major world-standard international training airport. Sector: Financial technology | Revenue: Undisclosed | Last Years Ranking: unranked. This is also known as Online Behavioural Advertising. Rinehart, the founder of Pilbara iron ore mine Roy Hill, has her grip firmly on first place with an estimated $34.02 billion fortune, up from $31.06 billion in 2021. The duo met at the University of NSW, starting Atlassian and later floating it on the NASDAQ in 2015. 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: Agriculture | Revenue: Not meaningful | Last Years Ranking: 69. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 73. Aerometrex provides high-resolution spacial data products and services using aerial mapping technology. 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. The best local news every workday at lunch time. Watch the video to see how the average Aussie plans to spend their net worth 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. Michael Bailey writes on entrepreneurship and the arts. Please click below to help InDaily continue to uncover the facts. Hes building a real-life tower of power - and just like the sweaty YouTube dancer who inspires him, tech billionaire Scott Farquhar just needs enthusiastic followers to join his movement. Guidera OConnor provides design and construction services to the Australian water industry. Sector: Financials | Revenue: Undisclosed| Last Years Ranking: 32. Canva founders Melanie Perkins, Cliff Obrecht and Cameron Adams collectively lost billions as a 17 per cent slide in the Nasdaq punished valuations, even for tech companies that are privately held. Renascor Resources explore, develop and evaluate mineral properties in Australia. Escient is an employee-owned digital and business advisory firm. The technology revolution has arrived, changing the face of the ranks of Australias wealthiest individuals. Between tech entrepreneurs, design moguls and real estate tycoons, Australia's richest young people are worth a combined total of $30 . With a combined net worth of $520 billion, it has been record-breaking for 250 of Australias most wealthy people, up from $470.07 billion in 2021. Gina Rinehart - $32.64 billion (down from $36.28 billion) 3 / 10 2. Sector: Printing | Revenue: Undisclosed | Last Years Ranking: 82. Dream of becoming a billionaire? 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 Mike Cannon-Brookes (No.3); Robyn Denholm (120); Peter Freedman (192); Gina Rinehart (1); Sam Arnaout (63); Cliff Obrecht and Melanie Perkins (8). At #3 Anthony Pratt, the executive chairman of packaging and recycling company Visy holds $27.77 billion. 134, created crypto platform Immutable in 2018. Sector: Agriculture | Revenue: $17.8m | Last Years Ranking: 81. Known . 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. 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 You have been working in your nominated occupation, or a related occupation, for the last 3 months in Greater Adelaide, or 3 months in regional South Australia. After moving to Australia as a teenager, he brought high-density living to the country during a period when single-family homes were all the rage. 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. 2 of 11 Attribution: Yadid Levy. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 65. Rex Minerals Limited is a mineral exploration and development company. Sector: Engineering | Revenue: Undisclosed | Last Years Ranking: 75. 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. In #4 and #5 are the co-founders of software development company Atlassian. It was formed in 2008 by the merger of two Australian non-ferrous metals mining businesses Oxiana and Zinifex. Peter Cochrane Management (Cochranes Transport), 62. Sector: Healthcare | Revenue: $400m | Last Years Ranking: 18. 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 more established players built wealth this year. Sector: Information technology | Revenue: $19.5m | Last Years Ranking: Unranked. Construction of the project is expected to begin this month following a $116 million capital raise earlier this year, which has helped increase the Adelaide-based companys market capitalisation at the end of September to more than $600 million. Melanie Perkins, 34, and Cliff Obrecht 36, have a combined net worth of $15.89 billion. Kilbirnie Investments has a series of automotive dealerships and horticulture assets, predominantly in South Australia and Victoria. In 2019, the entry mark for the 50th richest individual was US$ 750 million. Mossop is a construction and interiors company working on commercial, education, health, hospitality and residential projects. Sector: Infrastructure and transportation | Revenue: $240m | Last Years Ranking: 9. 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. Meet the 250 mining magnates, property kings, retail queens, manufacturing giants and technology titans in the countrys most extensive annual survey of wealth. Creditors include four entities in billionaire Anthony Pratts Visy Group, and the founder of Kathmandu outdoor clothing, Jan Cameron. The Illawarra offering comes amid a boom in pub transactions across the country, an asset class which has surged in popularity as the nation emerged from two years of rolling pandemic lockdowns. 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. Sector: Professional services | Revenue: $300m | Last Years Ranking: 34. Sector: Information technology and equipment | Revenue: Undisclosed | Last Years Ranking: Unranked. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. See the new rankings. Palmer derives most of his income from a controversial deal with CITIC Pacific over the huge Sino Iron project in Western Australias Pilbara mined on land he gained control over in the 1980s. Elixir Energy is a gas exploration and development company focused on exploring Mongolia for natural gas. 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. She doesnt. *KIPT has changed its name to Kiland since this list was originally published, Sector: Infrastructure and transportation | Revenue: $60.7m | Last Years Ranking: 80. The vitamins groups shares slumped on flat profits as consumers hunted down the cheapest price amid tough cost pressures. Skilled Migrants. 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: Mining | Revenue: Not meaningful | Last Years Ranking: 78. The rise in iron ore, property and solid gains in manufacturing - and the fact that tech was still well up. Two things Richest 250 members have in common, Rinehart tops Richest 250, Canvas Perkins the big mover, The Australian brings you the countrys richest as NFTs, Simple lessons in David Dickers 25-year overnight success, Cars and politics fuel Clive Palmers passion play, High flyers: Private jets the new toy of choice, Richest 250 recast: Young tech stars topple old guard, Helping other tech unicorns find their feet, Packer $400m richer by lunch, but sliding down Richest 250 list, How our biggest names thrived during the pandemic, Millionaires secret to picking right stocks. He is now back as FMGs executive chairman to try to fulfil that green energy dream. Australia's richest people have been revealed and their combined worth skyrocketed to $520 billion over 2021. Billionaire Alexandra Burt fell in love with the magic of ballet at five years old; now shes among our most generous arts donors. Ruslan Kogan stays a former Rich Lister for a second year as supply chain problems and a cooling of the online shopping boom keep his kogan.com share price in the doldrums. English soccer a new and increasingly lucrative arm of Australian bankings millionaires factory. The company now has a $1 billion share portfolio and large cattle and agricultural holdings. A high-stakes trial involving two billionaires and royalties from Rio Tinto iron ore mines is set to go ahead. That should stand them in good stead, and their valuation is only falling in line with other tech firms. One South African-born businessman, Ivan Glasenberg, featured in the 2022 rich list for Australia, while Oppenheimer was joined by retail investor Christo Wiese in the UK rich list for this year. Sector: Automotive | Revenue: $163.8m | Last Years Ranking: 64. 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. Pratt owns Pratt Industries in the US and shares ownership of Visy in Australia with sisters Fiona Geminder and Heloise Pratt. Amazon Prime customers will soon pay $9.99/month for a subscription, as new data shows consumers are buying more streaming platforms than they cancel. Weeks Group is a residential builder in South Australia and Victoria. The billionaire owner of Australias global success story had to get creative when his team hit massive issues getting toys from China. He used to work at Hungry Jacks. Sector: Mining | Revenue: $1.7b | Last Years Ranking: 3. You must have completed a Bachelor or higher qualification in SA that meets the South Australian study requirements Pubs may be going through changing times but veteran hotel mogul Arthur Laundy reckons they still make up the fabric of Australia. 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. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. Founded in 1886, Angove Family Winemakers is a 5th generation, family-owned winery that produces premium South Australian wines, mainly from the McLaren Vale region. 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). They are amassing fortunes at an incredible rate. Today we reveal the top 20 companies in InDailys 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. Here are the current richest ten Aussies and what the AFR estimates are their net worth: Gina Rinehart with a net worth of $34.02 billion, up from $31.06 billion in 2021. Andrew Forrest with a net . Atlassian co-founder Mike Cannon-Brookes is worth $26.20 billion. journalism, This site is protected by reCAPTCHA and the Google, Media diversity is under threat in Australia nowhere more so than in South Australia. Hillgrove Resources Limited is an Australian mining and resources company primarily focused on the development of the Kanmantoo Copper mine. Billionaire investor Alex Waislitz has up to six unlisted companies in his portfolio that he believes are headed to public markets. The tech sector also delivers the list its youngest-ever member in 25-year-old Robert Ferguson who, alongside his 30-year-old brother James at No. Sector: Information technology and equipment | Revenue: Undisclosed | Last Years Ranking: 10. Sector: Agriculture | Revenue: Undisclosed | Last Years Ranking: 33. View Gallery. Sector: Retail | Revenue: $96m | Last Years Ranking: Unranked. Australian Vintage Limited is a leading Australian wine company with a fully-integrated wine business model including vineyards, boutique and bulk wine production, packaging, marketing and distribution. See The Lists newest members. Rinehart No1 as pizzas also deliver a packet, Economy dire for 12-18 months: pub baron, Property doyen Kevin Seymour parks opinion, Gurner warns of apartments shortage and COVID rental crisis, Rich-list solar farm wins federal support, Up $11bn, Forrest has a profitable pandemic, find out more about our policy and your choices, including how to opt-out here. Buddy Technologies Limited produces data aggregation, management and control platforms for the internet of things and connected devices. He collects hundreds of millions in royalties from CITIC annually, a situation that has often been the subject of legal action. The RAA, established in 1903 to serve the motoring-related needs of South Australians, provides insurance, security, travel, finance, motoring and road safety products and services. Theyre not exactly destitute, but these 12 prominent billionaires have had a cool $40bn wiped from their wealth as tech stocks and other industries suffer big falls. The Richest And The Poorest States Of Australia. Rank State or territory GSP (million A$, 2003-04) GSP (million A$, 2013-14) Net growth (million A$) Growth rate per year; 1: 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. Three key trends are emerging in Australian business during COVID-19: iron ore exports, food and e-commerce. You can. The heiress and mining magnate built her fortune on iron ore, and is also the second largest cattle producer in Australia. Sector: Agriculture | Revenue: $39.7m | Last Years Ranking: 39. Debutantes on The List are tech gurus, healthcare experts and some veterans of business whove made big money during the pandemic. Sector: Thoroughbred racing | Revenue: $83.5m | Last Years Ranking: unranked. The average age of members is 65, with 98-year-olds Len Ainsworth (Aristocrat Leisure and Ainsworth Game Technology . Triguboff also celebrates Meritons 60th anniversary this year. Peoples Choice is one of Australias largest credit unions with members and branches across Australia. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 70. Arrowcrest is the parent company of automotive and farming machinery companies ROH Wheels, John Shearer, Unicast, Tristar, NonFerral, Kockums Industries and Brownbuilt. 2 / 10 1. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. The Canva founders were rejected by more than 100 investors before they got their first yes. WiseTech co-founder Richard White managed an exquisitely timed equity sell-down by offloading a parcel of shares just as they raced to a record $60. All but a handful still actively work in the businesses that have generated their wealth. 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 past years have been tough for most, but exponentially profitable for others. Sector: Infrastructure and transportation | Revenue: $1.1b | Last Years Ranking: 12. Glasenberg took out Australian citizenship when he worked at Glencores local coal division in the 1980s, though the South African-born ex-boss of the global commodities giant lives in Switzerland. 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. Leader Computers Pty Ltd is a manufacturer and distributor of information communications technology products. Here are the ones with the most at stake. Despite the sell-off, the 2022 Rich List marks a record year for wealth creation. The data,. But NSWs most wealthy people still have plenty of cash to play with. Most Rich Listers live in NSW (79), followed by Victoria (60) and Queensland (19). Endeavour boosts sales in third quarter update. Support independent The secretive Perth trio behind Wright Prospecting got a huge payday as the price of iron ore surged during 2020. Yasser Shahin and Dr Sam Shahin. So who has bought one? The volatility inherent with tech firms, whose founders tend to be the younger members of the list, is also borne out in the omission of Kain Warwick, who was marching strongly towards the Rich List gates when he featured on the cover of Octobers Young Rich List. Sector: Packaging | Revenue: $544m | Last Years Ranking: 36. Sector: Building and Construction | Revenue: $100 million | Last Years Ranking: Unranked. If Bevan Slatterys has big plans: to pull off what will be the largest private digital infrastructure project in Australias history. 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. 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). At #1 Gina Rinehart tops the list with a massive $32.64 billion wealth. 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Has Aussie billionaire created the next tech unicorn? Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 27, Andromeda explores for halloysite, gold and copper deposits. At #10 another mining magnate Ivan Glasenberg maintains a worth of $9.10 billion. Combined, the businesses have more than $10 billion in annual revenue. 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. With mining and technology industries boosting these loaded individuals to the top, some of these wealthy names wont come as a surprise. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 51. The billionaire Fortescue chairman will pour big sums into his Minderoo Foundation after another big payday. That means it is exposed to a slowdown in apartment sales, which is happening as Triguboff gets increasingly frustrated with the slow pace of government approvals for his Sydney projects.

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