The Forbes list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth, updated and published annually by Forbes Asia magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if they were listed in that prior year. The list is published annually in January in an online format and then updated daily, also online.
In 2019, the entry mark for the 50th richest individual was 750 million. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of 14.8 billion; a 2.6 billion decrease in her personal net worth of 17.4 billion, as estimated by Forbes in 2018. 2019 marked the eighth time that Rinehart had headed the list.
Prior to 2013, the list included the 40 richest people in Australia; it was expanded to Australia's 50 wealthiest individuals and families in 2013.
Lists by year Forbes list of Australia's 40 richest people, 2011 Forbes list of Australia's 40 richest people, 2012 Forbes list of Australia's 50 richest people, 2013 Forbes list of Australia's 50 richest people, 2014 Forbes list of Australia's 50 richest people, 2015 Forbes list of Australia's 50 richest people, 2016 Forbes list of Australia's 50 richest people, 2017 Forbes list of Australia's 50 richest people, 2018 Forbes list of Australia's 50 richest people, 2019
Members of Australia's 50 richest people The table below is the list compiled by Forbes Asia, comparing movement from the previous year:
Forbes AsiaAustralia's 50 richest Name 2011 2012 2013 2014 2015 Rank Net worth( billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Gina Rinehart 9.00 18.00 17.00 17.70 11.70 Harry Triguboff 3.40 4.00 4.60 4.30 5.60 Anthony Pratt 2.70 3.40 4.50 7.00 3.50 Frank Lowy 4.30 4.40 5.30 4.60 5.00 n/a not listed n/a not listed n/a not listed n/a not listed 1.10 Scott Farquhar n/a not listed n/a not listed n/a not listed n/a not listed Andrew Forrest 6.90 5.30 4.80 5.00 2.10 John Gandel 3.30 3.20 3.50 3.20 3.60 James Packer 4.40 4.50 6.00 6.60 4.70 Lindsay Fox 1.70 1.60 1.95 2.20 2.90 Kerry Stokes 1.90 1.80 2.00 1.60 1.20 Michael Hintze 1.40 1.40 1.55 1.70 1.90 Wilson Family 1.50 1.35 1.60 1.90 2.00 Lang Walker 0.95 0.95 1.20 1.16 1.20 Fiona Geminder n/a not listed n/a not listed n/a not listed n/a not listed 2.10 Maurice Alter 0.70 0.78 0.89 0.96 1.20 David Hains 2.00 2.00 2.30 2.10 2.10 Clive Palmer n/a not listed 0.80 0.90 0.55 n/a not listed Heloise Waislitz n/a not listed n/a not listed n/a not listed n/a not listed 2.00 Tony & Ron Perich n/a not listed n/a not listed n/a not listed n/a not listed 0.75 Jack Cowin n/a not listed n/a not listed n/a not listed n/a not listed 1.00 Angela Bennett 1.55 2.30 0.90 1.01 0.97 David Teoh n/a not listed n/a not listed 0.91 1.50 1.60 Solomon Lew 1.15 1.10 1.16 1.00 0.98 Brett Blundy n/a not listed 0.66 0.84 0.71 0.77 Bob Ell n/a not listed n/a not listed 0.96 1.10 1.20 John Van Lieshout 0.87 0.87 1.04 0.97 1.00 Gerry Harvey 1.20 0.90 0.93 1.18 1.30 Kerr Neilson 2.40 2.10 2.50 2.90 3.00 Sam Tarascio n/a not listed n/a not listed n/a not listed n/a not listed 0.71 Terry Snow n/a not listed n/a not listed 0.76 0.62 n/a not listed Judith Neilson n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed Alan Rydge n/a not listed n/a not listed 0.98 1.03 1.20 Maha Sinnathamby n/a not listed n/a not listed n/a not listed 0.69 0.74 Paul Little 0.67 0.71 0.78 0.72 0.82 Len Ainsworth n/a not listed n/a not listed 1.03 1.30 1.20 Bruce Mathieson 0.73 0.69 0.73 0.75 0.61 Con Makris n/a not listed n/a not listed 0.66 0.63 0.64 Russ Withers and family of the late Beverley Barlow n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed Ralph Sarich n/a not listed n/a not listed 0.71 0.66 0.66 Richard Smith 0.71 0.74 0.79 0.84 0.65 John Kahlbetzer n/a not listed n/a not listed 0.83 0.76 0.83 Christopher Morris 0.69 n/a not listed 0.65 0.59 0.63 Up until 2013, the list included Australia's 40 Richest people; expanded to Australia's 50 Richest people in 2013.
Legend Icon DescriptionHas not changed from the previous yearHas increased from the previous yearHas decreased from the previous year
Former members of Australia's 50 richest people list The table below is an extract from the lists compiled by Forbes Asia; the extracted information below shows individuals who were once on the list but are not on the current list. Where appropriate, the extract compares movement from previous years.
Forbes AsiaAustralia's 50 Richest former members Name 2011 2012 2013 2014 2015 2016 2017 Rank Net worth( billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Rank Net worth(US$ billion) Blair Parry-Okeden n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed 8.88 n/a not listed Ivan Glasenberg n/a not listed 7.20 6.70 6.30 4.40 n/a not listed n/a not listed Paul Salteri 0.98 0.94 1.00 0.99 1.00 n/a not listed n/a not listed Raymond Barro n/a not listed n/a not listed 0.99 1.02 0.96 n/a not listed n/a not listed Morry Fraid n/a not listed n/a not listed 0.79 0.90 0.95 n/a not listed n/a not listed Bob Oatley 0.85 0.86 0.95 0.83 0.91 n/a not listed n/a not listed Greg Poche 0.70 0.73 0.74 0.71 0.68 n/a not listed n/a not listed Geoff Harris n/a not listed n/a not listed n/a not listed 0.70 0.55 n/a not listed n/a not listed Paul Ramsay 1.45 1.70 2.40 3.00 n/a not listed n/a not listed n/a not listed Len Buckeridge 1.10 1.25 1.40 1.20 n/a not listed n/a not listed n/a not listed Mukul Garg 0.74 0.69 0.74 0.76 n/a not listed n/a not listed n/a not listed Ian Norman 0.64 n/a not listed n/a not listed 0.58 n/a not listed n/a not listed n/a not listed Lloyd Williams 0.66 0.67 0.70 0.57 n/a not listed n/a not listed n/a not listed Bruno Grollo 0.72 0.71 0.74 n/a not listed n/a not listed n/a not listed n/a not listed John Grill 0.77 0.80 0.71 n/a not listed n/a not listed n/a not listed n/a not listed Travers Duncan n/a not listed n/a not listed 0.63 n/a not listed n/a not listed n/a not listed n/a not listed Stan Perron 1.05 1.50 2.10 1.80 1.60 1.54 Bob Ingham 0.64 0.74 1.15 0.97 0.90 0.745 Reg Rowe n/a not listed n/a not listed 0.73 0.67 n/a not listed 0.675 Graham Turner n/a not listed n/a not listed n/a not listed 0.72 0.57 0.575 Bruce Gordon 0.79 0.65 0.62 0.70 0.72 0.57 Marcus Blackmore n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed 0.50 Tim Roberts n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed Chris Thomas n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed
Paul Ramsay died in May 2014, five months after the 2014 list was published. Ian Norman died in May 2014, five months after the 2014 list was published. Bob Oatley died in January 2016, seven months after the 2015 list was published. Blair Parry-Okeden appeared on the list of Australians by net worth in 2016 only. She is a US-citizen and, despite living in Australia, is not eligible for admission on the list.
See also
Financial Review Rich List List of billionaires Lists of Australians List of Australian businesspersons List of wealthiest families Australia's Richest 250
References
External links Forbes.com: Forbes World's Richest People - By country of citizenship Forbes.com: Forbes World's Richest People - By country of residence