said: Most of the top 250 wealthiest Australians are collectors, whether it be of art, supercars, or spectacular property. Gina Rinehart $32.64 billion 2. Some of the countrys biggest property developers give a snapshot of the market now and what should be hot or not as the nation recovers from COVID-19. , and in recognition of this changing of the guard. The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in late February 2022. Tim Gurner says developers that want to start big projects in Sydney or Melbourne are ignoring a complete systemic change. It is also found online at afr.com. Despite the pandemic, some sectors retail in particular have done incredibly well and created a surge in new wealth on The List. Co-founder of software giant Atlassian, Scott Farquhar is the fifth richest person in the country and with an estimated net worth just shy of $26 billion.Farquhar bought the former Fairfax Family estate Elaine in Point Piper at a then record-breaking $75 million. Trending News: In a remote area of China, a family unknowingly . He is based in Sydney. The richest Australian in 20212 is none-other than mining magnateGina Rinehart. The move drastically increased the profit from her majority-owned Roy Hill mine. Copyright Nationwide News Pty Ltd. All times AEST (GMT +10:00), A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. Despite the pandemic, some sectors retail in particular have done incredibly well and created a surge in new wealth on The List. We aggregate real estate news and property news so you have one place to visit for all your property news. Throw in 2020s reportedAUD$1 billion transactionthat added $2 billion to Visys $9 billion valuation and youve got a pretty handy bump in cash. Alan Wilson & family $8.11 billion 13. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. He just edges out Gina Rinehart with $13.12billion, the richest of all 27 women on The List. Australia's Richest 250 List While he checks the share price most days, he says he cant get too worried about it. The Australian has published its fourth annual edition of The List: Australias Richest 250 as a gloss large format magazine and on theaustralian.com.au. This is also known as Online Behavioural Advertising. Find out more about our policy and your choices, including how to opt-out. .juvbvE.juvbvE{margin-top:1rem;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}/*!sc*/ A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Read below to find out which Greeks made the list: 51. It might be worth doing a search of the list to see if any familiar names crop up? The executive chairman of Hancock Prospecting is the richest person in Australia with an estimated net worth of A$36.38 billion, rising from A$16.25 billion last year. The veteran Queensland property developer will wait and see what effects COVID-19 might have on the sector. The billionaire Fortescue chairman will pour big sums into his Minderoo Foundation after another big payday. You can access the latest stories from the journalists youre following here. .bTWqPM.bTWqPM{list-style:none;display:block;-webkit-column-fill:auto;-webkit-column-fill:auto;column-fill:auto;-webkit-column-count:4;column-count:4;height:100px;display:block;overflow-x:hidden;}/*!sc*/ Thats a jump from $377 billion to $470 billion. Joining Rinehart in the top 5 are Fortescue Metals chairman Andrew Forrest at number two, Visy executive chairman and owner of Pratt Industries, Anthony Pratt at number three, and Atlassian founders Mike Cannon-Brookes and Scott Farquhar who came in at fourth and fifth on The List. Fair Dealing Copyright Council Of New Zealand, Local Knowledge Global Reach #1 Worldwide Going Above & Beyond, Linda Galbraith AREINZ CALL: 021 966 028 Barfoot & Thompson. The hottest trophy asset for Australias rich elite right now is a $100m jet. Melanie Perkins $15.89 billion 10. Valuations of private companies are typically determined using profit margins and price-earnings ratios of comparable publicly listed competitors. Gina Rinehart (AUD$32.64 Billion) After an incredible year in 2020 that saw her grow her personal wealth by an astonishing 123 per cent, Hancock Prospecting chairman Gina Rinehart has followed it up. The perfect time to enter the property market was early last year when everyone was scared off by COVID. There is nothing I wouldnt sacrifice, he says. Visit site. Has Aussie billionaire created the next tech unicorn? Billions worth of properties at high risk of erosion and rising seas, Sydneys golden decade of up to 700 per cent property growth, Partys finished: Why this citys real estate boom is over. She has also illustrated several childrens books. The List - Australia's Richest 250. So who has bought one? .dkDJIp > *:not(:last-child){margin-bottom:16px;}/*!sc*/ Michael Heine thought he had seen it all until he saw first-hand the ramifications of the market plunge in the third week of March. He is also responsible for the Financial Review's Rich Lists. is the biggest annual study of Australias 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in mid-February 2022. and a team of researchers and journalists. PROPERTY has dominated the 2022 edition of The Australian 's The List of Australia's 250 wealthiest people, with Meriton boss Harry Triguboff coming in sixth place with a fortune of $20.81 billion. Queensland billionaire Clive Palmer owns dozens of mansions on the Gold Coast and plenty of gold. Price companies are valued using profit margins and various earnings ratios of comparable stock market listed competitors. So who has bought one? Its been fun uncovering the new names coming up amongst the old guard of. The richest Australian in 20212 is none-other than mining magnate Gina Rinehart. Mike Cannon-Brookes (Technology) - $27.83 billion 2021 Rank: 3 Cliff Obrecht and Melanie Perkins founded Canva in 2012 and its now worth $6b, with Obrecht and Perkins owning $2.5b apiece. Nationwide News Pty Ltd 2023. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of US$ 14.8 billion; a US$ 2.6 billion decrease in her personal net worth of US$ 17.4 billion, as estimated by Forbes in 2018. You know youve been staring at The List for far too long when those lower on the list start to look poor. Become a subscriber to get full access to the website, as well as our premium newsletters. The real estate developer appears on a list dominated by property entrepreneurs, along with heavyweights in industries including manufacturing, transport, mining, technology and retail. You can. Gina Rinehart has been named the nation's richest person in the Australian's 2022 The List: Australia's Richest 250. It should not be relied on as finance or tax advice. All times AEDT (GMT +11). As Gray mentioned, technology was the other big winner on The List this year, helping to push 29 debutante entrants onto the list. Australias billionaires have thrived during the pandemic year - and some on this years Rich List have reaped even bigger rewards from a soaring iron ore price. 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, Freedom Foods increases writedown and cuts staff, Pandemic a healthy boost for Chemist Warehouse, High-stakes probe into Packers Crown to resume, What an $88bn property play can tell you about the market, find out more about our policy and your choices, including how to opt-out here. The List: Australias Richest 250 is curated and edited by wealth expert John Stensholt and a team of researchers and journalists. This years edition of The List - Australias Richest 250 will show how mining and technology are now the countrys two most successful sectors. Australia's richest person is officially Gina Rinehart, as the boom in commodity prices boosts her mining operation Hancock Prospecting. Tania Austin, the owner of Decjuba, is one of the most impressive new names on The List Australias Richest 250 this year. The Canva founders were rejected by more than 100 investors before they got their first yes. Williams deal captured plenty of attention, but he has about $20bn of other assets across a diverse range of sectors. In addition to acquiringR.M. The most spectacular departees this year are Lex Greensill and his family, following the implosion of his eponymous supply chain financing empire. The List is the biggest annual study of Australias 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in late February 2022. Designed using Magazine Hoot. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. They are calculated using publicly available data and confidential consultation with the list members. Lindsay Fox $4.36 billion. While property remains a solid investment opportunity for anyone starting out, making a billion is a pretty huge leap for even the most savvy investor. The Sydney tech giant says its new headquarters will be the worlds tallest hybrid timber building, and generate 2500 jobs. Picture: The Australian. Billionaire property developer and Richest 250 lister Lang Walker cant handle people using COVID as an excuse.. The List Australia's Richest 250 is published in The Weekend Australian today and is also available online. Join the conversation, you are commenting as. This year, the proud Aussie managed to swell his personal wealth by 7%, however, he did almost everything he could to drop off. If Bevan Slatterys has big plans: to pull off what will be the largest private digital infrastructure project in Australias history. Mike Cannon-Brookes $26.20 billion 5. Feeding all this megabyte consumption is one of the 18 debutants on this years list, Robin Khuda, whose brassy bets on building massive data centres across the Asia-Pacific some with electricity substations has built his AirTrunk into a $5 billion concern. We strongly recommend that you obtain independent advice before you act on the content. data-styled.g589[id="styles__PlaylistStackContainer-sc-1gcgg89-1"]{content:"iwiQAo,"}/*!sc*/ We are guided by a deceptively simple, old idea: tell the truth and shame the devil. This years list, compiled by The Australian, features a large number of powerbrokers from the property industry, with the highest entrant Harry Triguboff ranking at number six overall on the list with an eye-popping total wealth of $20.81 billion. Australias top 10 Aussie property powerbrokers. @media (max-width:1024px){.iwiQAo.iwiQAo.iwiQAo.iwiQAo{margin-right:calc(0px - ((100vw - 658px) / 2));}}/*!sc*/ The List has been compiled using publicly available information. The entire fortune of Australia's wealthiest 250 is valued at $318.33 billion, with each member having an average of $1.27 billion. But how he chooses to spend it is unique. Dr Andrew "Twiggy" Forrest (Resources) - $30.72 billion 2021 Rank: 2 2020 Rank: 2 Wealth Change: +$3.47 billion 3. He had his first property at 19, doubled the investment in 18 months and is now one of Australias wealthiest people with a fortune of $866 million. Anthony Pratt, who is #3 on the list inherited Visy, the paper company founded by his late father, Richard. Ruslan Kogan isnt entirely joking when he admits his $1.5bn business is really a data analytics company masquerading as an online retailer. If it sounds too good and big to be true, unstoppable property developer Lang Walker knows its the project for him as he loves nothing more than proving the doubters wrong. He is the founder and managing director of Meriton. Bron is the editor of Your Money & Your Life. Cliff Obrecht (left) is the other co-founder of Canva, and has an equal estimated net worth as his wife, Melanie Perkins. The Australian is also releasing a collection of non-fungible token (NFT) artworks. She has been writing in the Australian online space for over 10 years. Poker machine king Len Ainsworth once had a hole blown in his factory roof by a bomb. Needless to say, the results werent entirely surprising. Despite being the only member of the top 10 to lose wealth this year, Rinehart continued to benefit from the major boost in iron ore prices. Here are the ones with the most at stake. Six drinks industry billionaires have scored a spot on The Australian's Richest 250 List, the biggest annual study of the country's wealthiest individuals. Copyright Nationwide News Pty Ltd. All times AEST (GMT +10:00), A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Another Australian-made software-as-a-service gaining global ubiquity is Canva. Canva and Aferpay are both the kind of company that proves we dont mind it when clever, helpful people become wealthy all of a sudden. 2015, PROPERTY NEWS AGGREGATION | are()n/, If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: info@propertynoise.co.nz. 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. NSW can also lay claim to the highest number of people from the list with 98 residents, Victoria has 71, Queensland 32, WA 21, SA 5, NT 2 and Tasmania and the ACT 1 each, while 19 live overseas. Harry Triguboff is one guy who knows the value of holding his wealth in property. 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. But how he chooses to spend it is unique. Read More. They are amassing fortunes at an incredible rate. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. But he once tried to join the Army, which would have meant Australias biggest tech company may not have been born | THE LIST: Our richest 250. However, Rinehart admitted late April that the record prices could not last as lower-cost countries with higher-grade resources brought on supply. NewsDNA. Where indicated, third parties have written and supplied the content and we are not responsible for it. At home in Sandringham? Included in The List are 131 billionaires, 29 newcomers, and 30 women. The billionaire owner of Australias global success story had to get creative when his team hit massive issues getting toys from China. Picture: Aaron Francis/The Australian The list is topped by Anthony Pratt, who has a whopping $13.14 billion in the bank. Shepherdson College, which was . According to the latest statistics revealed in The Australian's Richest 250 List, these are the ten richest people in Australia.. 1. Design & Development By CRETECHBD. Industry:Mining Business: Fortescue Metals Group Role: Chairman Wealth in 2021: AUD$29.61 billion Change: 7%. Listed company valuations are calculated in mid-April. The businesswoman swelled her personal wealth to AUD$32.64 billion, up from AUD$36.28 billion last year. The List Australias Richest 250 reinforces how tech, resources and energy are interdependent and all are crucial given our challenging strategic outlook. Hes setting up a new technology education foundation to get the ball rolling. Picture: FIONA HAMILTON PHOTOGRAPHY, MORE: Partys finished: Why this citys real estate boom is over, Tuscan-style home has swim-up bar, teppanyaki grill, $50m love at first sight mansion hits the market. The $1.5 billion business is pushing a global expansion. Harry Triguboff is sixth on the list with $20.81 billion in assets, while Clive Palmer came in at number seven, nearly doubling his wealth for a second year in a row valued at $18.35 billion. Philanthropist Andrew Forrest comes in a close second on the list with wealth of $31.77 billion, also accrued through mining. While the average wealth of the top 250 is $1.88b, mining magnate Gina Rinehart dwarfs that figure and tops the list with her massive $32.64 billion wealth. .iwiQAo.iwiQAo.iwiQAo.iwiQAo{-ms-overflow-style:none;-webkit-scrollbar-width:none;-moz-scrollbar-width:none;-ms-scrollbar-width:none;scrollbar-width:none;}/*!sc*/ The irony of Forrests commitment to using his fortune to save the environment (see here and here) is not lost on anyone. WATCH, Cigarette smugglers six-bedroom home seized, AUSSIES FORCED INTO SELLING: Huge new rate blow for homeowners and buyers, Housing downturn gathers steam | CoreLogic NZ, He sometimes struggled to pay staff, but owns a $4m holiday home, Toy billionaire Anna Mowbray and Ali Williams secret weapon in new home build, Grand Designs New Zealand | Medieval Castle WATCH, Inside Gilda Kirkpatricks wedding cake Auckland home, Billionaire Graeme Hart gets on housing development bandwagon, THE ANCIENT STONE CITY: Proof of NZ civilisation before Kupe. The hottest trophy asset for Australias rich elite right now is a $100m jet. Visy paid $733m for Australias biggest beer bottle maker and will spend $500m more to make lighter, cheaper bottles. Register, Join the conversation, you are commenting as Logout. 2019 marked the eighth time that Rinehart had headed the list. Founders Melanie Perkins and Cliff Obrecht cracked the Rich Lists top 10 as their simplified graphic design platform collects masses of active users on par with the population of Italy. My friends who have nothing are far more life experienced than I am.. Remarkably, the Rich Listers loot would have been even higher had the list cut-off been just a fortnight later than April 19, when the iron ore price was in a slight dip. If Bevan Slatterys has big plans: to pull off what will be the largest private digital infrastructure project in Australias history. And dont be put off by whether interest rates will rise or not. We simply refer/ link you to their sites and we make no claim to their material. Cannon-Brookes has been very active in the last few years buying up homes, after dropping $100 million on the stunning Fairwater mansion, and also spending $24.5 million on Jen Hawkins Newport home. He was federal secretary of the Media, Entertainment & Arts Alliance until April 2015, and is a past president of the International Federation of Journalists. What a lovely pandemic: Australias 250 richest now own the equivalent of 25% GDP. Also a keen philanthropist, Rinehart is well known for her donations to Swimming Australia, which have allowed elite athletes to focus on training without having to pick up part-time jobs.It is believed Rinehart is the largest individual donor to Olympic sport in Australian history. Her Psych qualification means she's particularly interested in the psychology of money and how to form good habits to improve finances. Laurene Powell Jobs is an American billionaire who . See the new rankings. It has also helped create a record number of new names on The List, with 29 debutants. Despite the pandemic, some sectors retail in particular have done incredibly well and created a surge in new wealth on The List., The front cover of The List. Im in the shower and thinking about it. The top 10 on The List are wealthier than ever before, led by two of the countrys most successful businesswomen who have changed the face of corporate Australia. We aggregate real estate news and property news so you have one place to visit for all your property news. 1; her $31.06 billion fortune up from $28.9 billion in the 2020 list published in November. Its probably advisable to start at the bottom (Bevan Slattery, poor sod only has $450m) and work your way up to Gina Rinehart. Kerry Stokes $7.43 billion 14. Back in October 202o,IBISWorldestimated revenue at Rineharts Hancock Prospecting to havesurged more than 23 per centto almost $11 billion, making it the nations biggest private company. Chairman Perry Gunner declares the healthfoods company is experiencing not its finest hour. PROUDLY KIWI OWNED & OPERATED | EST. The next most lucrative sector was technology, with around 12 per cent. The 2022 The List: Australia's Richest 250 has reached a record combined value of $520.2 billion, compared to $470.07 billion in 2021. Both these companies seemingly came out of nowhere (though we all know deep-down these start-ups worked their guts out). Final wealth figures were calculated in late February 2022 and revealed the average wealth among the 250 was $2.08billion, with 131 billionaires on the list. .dlveiP.dlveiP{background-color:var(--ck-backgroundPrimary);padding:20px 0;}/*!sc*/ Billionaire Alexandra Burt fell in love with the magic of ballet at five years old; now shes among our most generous arts donors. The real art is in putting things together in a better way. Australia's very rich got even richer in the last year. Gina Rinehart topped the Richest 250 list overall for 2022, with a massive $32.64 billion in wealth. | PM Adern responds to rumours, Government smashes own record for amount spent on emergency housing, The War of the Burgers as Whalburgers, In-N-Out open doors in NZ | WATCH, Mortgage holders to feel the squeeze following Westpacs predicted rate hike | WATCH, Insurer says 20,000 homes in New Zealand at risk of severe flooding, Mark Wahlbergs restaurant chain opening in New Zealand | WATCH, Auckland home suffers near-$1m hit as resale losses grow, NZ Sothebys International Realty to open new office, Real Estate Agents: Who has the lowest and highest fees? March 24, 2022 - 11:25AM. We aggregate real estate news and property news so you have one place to visit for all your property news. The Club consists of the owners of those 38 apartments, which range in price from $4 million to about $25 million and sit on floors 32 to 49 in Capitol Grand. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. According to The Australian's Rich List for 2022, mining magnate Gina Rinehart is the richest person in Australia. The breakdown of sectors is as follows: property - 23.60% We recognise that their sovereignty has never been ceded. 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. "It is a bit of a 'wow' moment," Kestelman explains to The List - Australia's Richest 250 during a tour of Capitol Grand, which opened the doors to its exclusive Azure Club in mid-March. Gina Rinehart tops the list with a $32.64 billion fortune, while fellow mining magnate Andrew "Twiggy" Forrest comes in second with $31.77 billion. Meet Laurence Escalante, the the fast car-obsessed thirtysomething now worth more than $2b is proof that videogaming does pay | THE LIST: Australias Richest 250. But there are others also making big money in fashion. This year's list, compiled by The Australian, features a large number of powerbrokers from the property industry, with the highest entrant - Harry Triguboff - ranking at number six overall on the list with an eye-popping total wealth of $20.81 billion. Despite a downbeat profit forecast, Atlassians billionaire founders say theyve survived major downturns and have a plan for this one. 1. Their fortunes passed $20 billion for the first time as the remote-work revolution pushed their paying customer base above 200,000. Obrecht reportedly proposed to Perkins in Turkey in 2019 with an engagement ring that cost just $30. Three key trends are emerging in Australian business during COVID-19: iron ore exports, food and e-commerce. John Gandel who came in second on the list of property powerbrokers pictured with partner Pauline at the Triceratops Fate of the Dinosaurs on March 10, 2022. The next most lucrative sector was technology, with around 12 per cent. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. The spectacular success of Gina Rineharts Roy Hill mine has been almost 30 years in the making, with some nailbiting moments along the way | THE LIST: Australias Richest 250. But is that a business model? Can restaurant king Justin Hemmes take on Melbourne? Yang Huiyan has a net worth of $19 billion. So Australias technology billionaires may yet top the Rich List one day. Cameron Adams $5.43 billion 16. data-styled.g487[id="Stack__StackContainer-sc-12grjm-0"]{content:"dkDJIp,"}/*!sc*/ Australia's top 10 richest people revealed Australia's top 10 richest people revealed View Gallery Gina Rinehart has been named the nation's richest person in the Australian's 2022 The List: Australia's Richest 250. Hes closely followed by Hui Wing Mau (#7 $10.15b, Shimao Property Holdings); John Gandel (#13 $5.06b, Gandel Group); Lang Walker (#15 $4.5b, Walker Corporation); Chau Chak Wing (#16 $4.17b, Kingold Group); Lindsay Fox, whose Linfox deals in both property and transport (#19 $3.93b, Linfox); and Avi Silver (#22 $3.6b, United Petroleum) who owns a stack of United petrol stations with Eddie Hirsch (#23 $3.6b, United Petroleum). .cfSGoo.cfSGoo{color:var(--ck-textSecondary);margin-top:20px;}/*!sc*/ It has also helped create a record number of new names on The List, with 29 debutants. The valuations are undertaken by the Rich List editors and an analyst and are minimum estimates. Tech darling and founder of online graphic design software Canva, Melanie Perkins is the ninth richest Australian.Perkins dropped out of university at age 19 to pursue her business dreams, and is one of the youngest female CEOs of a tech start-up valued over $1 billion (also known as "unicorns"). Mike Cannon-Brookes is the other co-founder of Atlassian and Australia's fourth richest person. Keep informed with what is happening with property in Auckland, New Zealand. Having developed Australias biggest masterplanned community, Queensland billionaire Maha Sinnathamby, has unique insights into where property might be headed. Mike Cannon-Brookes $26.20 billion 5. It's been a good pandemic for Australia's richest people, and The Weekend Australian (of all places) has now revealed just how good: the total wealth of the richest 250 Australians is up about 25%. Picture by James Croucher. Pratts whopping $27.77 billion net worth follows a similar growth in 2021 that came by way of a mass change in consumer behaviour. Ivan Glasenberg $9.10 billion 11. It has also helped create a record number of new names on, . Property was the highest money-making sectors from the list, with 59 people on the list making their mint in the property sector. Property continues to be the main source of wealth, with 59 of Australias wealthiest making their fortune from the industry with the technology sector moving up the list (29 members). Richard White $5.94 billion 15. English soccer a new and increasingly lucrative arm of Australian bankings millionaires factory. The Australian unveils its second annual list of Green Power Players in 2023, Ticky Fullerton leaves The Australian for CEO role at Australian British Chamber of Commerce, Christopher Dore steps down as editor in chief of The Australian, Bianca Chatfield a key member of Fox Netball team for season 2022. Meriton founder Harry Triguboff once again leads the pack, taking sixth spot on the list. data-styled.g601[id="styles__Top5VideoTitle-sc-6t66k5-3"]{content:"gPAVgb,"}/*!sc*/ WiseTechs Richard White wants to beef up Australias STEM capacity. .gfNauG.gfNauG{max-width:1030px;padding:0px 15px;margin:auto;}/*!sc*/ Ruslan Kogan, kogan.com founder and former young rich-lister, is backing a plant-based meat firm called Deliciou. The average fortune of Australia's 250 richest people is $1.27 billion, and their combined wealth equals almost $320 billion. A political brawl has broken out over a change to how superannuation is taxed, but what on earth does it all really mean for you? If it sounds too good and big to be true, unstoppable property developer Lang Walker knows its the project for him as he loves nothing more than proving the doubters wrong. If you want to get outrageously rich in Australia, you'll have the best chance by becoming a tech entrepreneur or owning a mining conglomerate. Gina Rinehart Net Worth A$36.88 billion. Its been a good pandemic for Australias richest people, and The Weekend Australian (of all places) has now revealed just how good: the total wealth of the richest 250 Australians is up about 25%. Khalil "Charlie" Shahin.