Introduction
Here's a list of the richest people in Australia. Hopefully, this information will help inspire you to become one of them.
Gina Rinehart - $32.64 billion
Gina Rinehart is the richest person in Australia.
Her wealth is derived from mining, and she inherited it from her father Lang Hancock. Hancock was a prospector and miner who discovered iron ore deposits on his own property near Newman in Western Australia. The discovery made him a billionaire overnight, but he died before he could cash in on it. He left his daughter with an inheritance that included the rights to these deposits—and $1 billion of his personal fortune. Gina then went on to amass even more wealth as she took over management of Hancock Prospecting Ltd., which now controls extensive mining operations across Western Australia’s Pilbara region and elsewhere around the globe (including Papua New Guinea).
Andrew Forrest - $31.77 billion
Andrew Forrest is an Australian mining magnate, philanthropist and founder of the Minderoo Foundation. He is the chairman of Fortescue Metals Group (ASX:FMG) and has a net worth of $31.77 billion according to Forbes.
Fortescue Metals Group was founded by Andrew Forrest in 2003 after he sold his stake in Anaconda Nickel (now Minara Resources) for a cool $500 million. FMG went public in 2008 and today has an annual revenue of around $7 billion with 80 operations around Australia including iron ore mines, copper mines and gold mines.
Anthony Pratt and family - $27.77 billion
The Richest People in Australia for 2022
- Anthony Pratt and family - $27.77 billion
- Andrew Forrest - $31.77 billion
- Gina Rinehart - $32.64 billion
- Mike Cannon-Brookes - $26.2 billion
- Scott Farquhar - $25.99 billion
Mike Cannon-Brookes - $26.2 billion
Mike Cannon-Brookes is the co-founder and co-CEO of Atlassian, an Australian software company. He has a net worth of $26.2 billion. As of 2019, Atlassian has a market capitalization of $25.5 billion and employs 2,000 people worldwide.
Scott Farquhar - $25.99 billion
If you’re a fan of Australian tech giant Atlassian, chances are you know the name Scott Farquhar. In fact, there’s a good chance you know more about him than just his name: the co-founder and co-CEO of Atlassian is one of the most famous figures in Australian business today.
Farquhar and his friend Mike Cannon-Brookes founded the company in 2002 after leaving university. Since then it has grown into one of Australia's largest companies by market capitalisation, valued at $US48 billion as of June 2018.
Harry Triguboff - $20.81 billion
Harry Triguboff is the founder and chairman of Meriton Apartments, which are located in Sydney, Melbourne and Brisbane. Harry Triguboff's net worth is $20.81 billion Australian dollars (A$). Harry Triguboff has made his fortune in real estate development. He started his company with just US$200 when he was 21 years old by buying some property and building a few houses on it before selling them off to make money to fund more projects. After that initial success, he expanded into larger buildings with multiple units across Australia with over 3000 apartments under his belt now!
Forbes estimates that the total value of properties owned by Harry Triguboff comes out at around A$46b which means if you were able to buy all these properties at once you would have enough cash for about 8 million apartment blocks each containing 20 floors worth approximately A$4 million per unit!
These are the richest Australians
The richest Australians
Gina Rinehart - $32.64 billion
Andrew Forrest - $31.77 billion
Anthony Pratt and family - $27.77 billion
Mike Cannon-Brookes - $26.2 billion
Scott Farquhar - $25.99 billion
Conclusion
We hope you enjoyed reading about the richest people in Australia. We also know that there are many other great entrepreneurs who deserve a place on this list but couldn’t make it due to lack of data or information about their net worth.
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