Financial Review Rich List 2018

This article is about the Financial Review Rich List published in 2018. For general information about the list, see Financial Review Rich List.

The Financial Review Rich List 2018 is the 35th annual survey of the wealthiest people resident in Australia, published by The Australian Financial Review on 25 May 2018.[1]

The net worth of the wealthiest individual, Anthony Pratt, was A$12.90 billion; while the net worth of the 200th wealthiest individual, Radek Sali, was A$387 million; up from $341 million in 2017.[2] The combined wealth of the 200 individuals was calculated as A$282.7 billion;[1] compared with a combined wealth of A$6.4 billion in 1984 when the BRW Rich 200 commenced.[3] Nineteen women were included on the 2018 Rich List, representing 8.5 percent of the list.[2] The average age was 66 years. The list included a record 76 individuals whose net worth was one billion or more, an increase of 16 from 2017; and about one-quarter of those billionaires lived offshore at the time of the list's publication.[1]

List of individuals

2018[1] Name Citizenship Source of wealth 2017[4][5]
Rank Net worth
A$ bn 		Rank Net worth
A$ bn
1 Steady 12.90 Increase Anthony Pratt  Australia Visy Industries; Pratt Industries 1 Increase 12.60 Increase
2 Steady 12.77 Increase Harry Triguboff AO  Australia Meriton Apartments 2 Decrease 11.40 Increase
3 Steady 12.68 Increase Gina Rinehart  Australia Hancock Prospecting; investment 3 Increase 10.40 Increase
4 Increase 9.09 Increase Hui Wing Mau  People's Republic of China
 Australia[6]		 Shimao Property 8 Decrease 5.96 Increase
5 Decrease 8.42 Increase Sir Frank Lowy AC  Australia ex-Westfield; property (shopping centres) 4 Decrease 8.26 Steady
6 Decrease 8.32 Increase Ivan Glasenberg  Australia[7]
 South Africa
 Switzerland[8]		 Glencore commodities trading 5 Increase 6.85 Increase
7 Steady 6.45 Increase John Gandel AC  Australia Property (shopping centres) 7 Decrease 6.05 Increase
8 Decrease 6.10 Decrease Andrew Forrest AO  Australia Fortescue Metals Group 6 Increase 6.84 Increase
9 Increase 5.88 Increase Vivek Chaand Sehgal  Australia Motherson Sumi Systems n/a not listed
10 Decrease 5.50 Increase James Packer  Australia Crown Resorts; Consolidated Media Holdings 9 Decrease 4.79 Decrease
11 Increase 5.16 Increase Scott Farquhar  Australia Atlassian 18Increase 2.51 Increase
12 Increase 5.16 Increase Mike Cannon-Brookes  Australia 17 Increase 2.51 Increase
13 Increase 4.93 Increase Kerry Stokes AC  Australia Property; Seven West Media; resources 14 2.90 Increase
14 Decrease 4.02 Increase Len Ainsworth AM  Australia Gaming; manufacturing 11 3.07 Increase
15 Decrease 3.99 Increase Stan Perron AM  Australia Property 10 Increase 3.90 Increase
16 Increase 3.87 Increase Alan Wilson and family  Australia Reece Group n/a not listed
17 Decrease 3.56 Increase Lindsay Fox AC  Australia Linfox; property 13 Steady 2.91 Increase
18 Decrease 3.47 Increase Lang Walker  Australia Walker Corporation (property) 12 3.00
19 Decrease 3.28 Increase Bianca Rinehart  Australia Hancock Prospecting; investment 15 Increase 2.74 Decrease
20 Increase 2.84 Increase Clive Palmer  Australia Mineralogy and other mining 198 Increase 0.344 Increase
21 Decrease 2.61 Increase David Hains and family  Australia Investment 16 Decrease 2.55 Increase
22 Increase 2.43 Increase Sir Michael Hintze GCSG, AM  Australia
 United Kingdom		 Retail; investment 24 Increase 1.98 Increase
23 Decrease 2.55 Increase Solomon Lew  Australia Premier Investments; retail 19 2.38 Increase
24 Decrease 2.41 Increase Jack Cowin  Australia Competitive Foods Australia; investment 20 2.38 Increase
25 Decrease 2.50 Increase Marc Besen  Australia Retail 22 2.24
26 Increase 2.26 Increase Maurice Alter and family  Australia Retail 1.81
27 Increase 2.17 Increase Angela Bennett  Australia Mining 1.76
28 Decrease 2.12 Decrease Gerry Harvey  Australia Harvey Norman Holdings 21 2.34 Increase
29 Increase 2.12 Increase Ye Lipei  Australia Property 1.70
30 Increase 2.08 Increase Alexandra Burt and Leonie Baldock  Australia Resources 1.56
31 no data available
32 Increase 1.96 Increase Nigel Austin  Australia Cotton On Group; retail 1.89
33 Increase 1.92 Increase John Van Lieshout  Australia Retail 1.72
34 Increase 1.79 Increase Chris Wallin  Australia Resources 1.13
35 Increase 1.78 Increase Kerr Neilson  Australia Financial services 1.44
36 Increase 1.77 Increase Judith Neilson  Australia Investment 1.34
37 Increase 1.76 Increase Tony Perich and family  Australia Agriculture; property 1.59
38 Increase 1.76 Decrease David and Vicky Teoh  Australia Telecommunications 1.91
39 Increase 1.96 Increase Nigel Austin  Australia Cotton On Group; retail 1.89
40 Decrease 1.73 Increase Manny Stul and family  Australia Moose Toys; retail 39 Increase 1.42
41 Increase 1.71 Increase Brett Blundy  Australia Retail; property; agriculture 1.39
42 Increase 1.70 Increase John Kahlbetzer  Australia Agriculture 0.841
43 Decrease 1.66 Decrease Huang Bingwen and family  Australia Manufacturing 25 1.93
44 Increase 1.66 Increase Richard White  Australia Technology 0.882
45 Increase 1.63 Increase Chau Chak Wing  Australia Property; investments 1.56
46 Increase 1.61 Increase Morry Fraid, Zac Freid and family  Australia Retail; property 1.60
47 no data available
48 Increase 1.56 Increase Bob Ell  Australia Property 1.52
49 Decrease 1.56 Decrease Alan Rydge  Australia Rydges Hotels & Resorts; Event Cinemas 23 2.09 Increase
50 Increase 1.54 Increase Paul Little AO  Australia Toll Holdings 0.927
51 Increase 1.54 Increase Sam Tarascio  Australia Property 1.43
52 Increase 1.46 Increase Terry Snow AM  Australia Capital Airport Group; property 1.00
53 Increase 1.40 Decrease Raphael Geminder  Australia Manufacturing 1.44
54 Increase 1.39 Increase Alex Waislitz  Australia Investment 1.24
55 Increase 1.35 Increase Nick Politis AM  Australia Retail; property 0.733
56 Increase 1.33 Increase Brian Flannery  Australia Resources 0.818
57 Increase 1.28 Increase Paul Salteri AM and family  Australia Investment n/a not listed
58 Increase 1.27 Increase Michael Heine and family  Australia Financial services n/a not listed
59 Increase 1.27 Increase Russell Withers and family  Australia Retail 1.23
60 Increase 1.26 Increase Con Makris and family  Australia Property 1.17
61 Increase 1.26 Increase Gretel Packer  Australia Media; Crown Resorts; investment 1.02
62 Decrease 1.24 Increase Jonathan Munz and family  Australia Manufacturing 50 Increase 1.10
63 Increase 1.23 Increase Ralph Sarich AO  Australia Investment; property 1.12
64 Increase 1.21 Increase Maha Sinnathamby  Australia Residential property 57 1.02
65 Increase 1.20 Increase Chris Thomas  Australia Agriculture 1.12
66 Increase 1.18 Increase Bruce Mathieson  Australia Gaming; investments 0.943
67 Increase 1.17 Increase Peter Gunn  Australia Logistics; investment; property 1.00
68 Increase 1.16 Decrease Bob Ingham AO  Australia Ex-Inghams Enterprises 1.19
69 Increase 1.16 Increase Robert Millner and family  Australia Washington H. Soul Pattinson; investment n/a not listed
70 Increase 1.15 Increase Greg Goodman and family  Australia Goodman Group; property 1.08
71 Increase 1.14 Increase Paul Lederer  Australia Ex-Primo smallgoods; investment 0.824
72 Increase 1.13 Increase Jeff Chapman  Australia Financial services 0.811
73 Increase 1.09 Increase Tim Roberts  Australia Ex-Multiplex; investment 0.896
74 Increase 1.07 Increase Sandy Oatley and family  Australia Agriculture; property; tourism 0.913
75 Increase 1.04 Decrease Reg and Hazel Rowe  Australia Super Retail Group; property 1.14
76 Increase 1.02 Increase Chris Morris  Australia Computershare; financial services 0.847
77 Increase 0.999 Increase Richard Smith  Australia Food services 0.891
78 Increase 0.961 Increase Justin Hemmes and family  Australia Hotels; property n/a not listed
79 Increase 0.927 Increase Ervin and Charlotte Vidor  Australia Property; hotels 0.804
80 no data available
81 Increase 0.876 Increase Jamuna Gurung and Shesh Ghale  Australia Melbourne Institute of Technology 0.647
82 no data available
83 Increase 0.869 Increase Spiros Alysandratos  Australia Travel; property 0.582
84 Increase 0.867 Increase Geoff Harris  Australia Flight Centre; investment 0.637
85 Increase 0.863 Increase Bill James  Australia Retail 0.647
86 Increase 0.861 Increase Graham Turner  Australia Flight Centre; hotels 0.620
87 Increase 0.859 Steady Nechama Werdiger and family  Australia Property 0.859
88 Increase 0.858 Decrease Gordon Fu and family  Australia Property 0.877
89 Increase 0.850 Increase Patrick Grove  Australia Technology 0.801
90 Increase 0.843 Increase Peter Scanlon and family  Australia Patrick Corporation 0.772
91 Increase 0.822 Increase Andrew Roberts  Australia Ex-Multiplex; property 0.819
92 Increase 0.817 Increase Sam Chong  Australia Resources; hotels 0.440
93 Increase 0.813 Increase Jack Gance  Australia Chemist Warehouse; retail 0.546
94 Increase 0.803 Increase Mario Verrocchi  Australia Chemist Warehouse 0.558
95 Increase 0.787 Increase Lloyd Williams  Australia Property; thoroughbreds 0.784
96 Increase 0.784 Increase Shaun Bonétt  Australia Precision Group; property 0.718
97 Increase 0.784 Increase Larry Kestelman  Australia Dodo Services; telecommunications 0.749
98 Increase 0.783 Increase Chris Ellison  Australia Resources 0.754
99 Increase 0.775 Increase Christian Beck  Australia Technology 0.619
100 Increase 0.756 Increase Jina Chen and Alex Wu  Australia Healthcare 0.686
101 no data available
102 Increase 0.749 Increase Allan Myers AC, QC  Australia Investment; agriculture 0.682
103 Increase 0.744 Decrease Rod Duke  Australia Briscoe Group 0.751
104 Increase 0.739 Increase Dale Elphinstone  Australia Elphinstone Group; mining services 0.475
105 Increase 0.737 Increase Theo Karedis  Australia Retail; property 0.723
106 Increase 0.730 Increase Iris Lustig-Moar and Max Moar  Australia Property 0.694
107 no data available
108 Increase 0.714 Increase Kevin Seymour and family  Australia Property 0.679
109 Increase 0.708 Increase Andrew Muir and family  Australia The Good Guys n/a not listed
110 Increase 0.706 Increase Travers Duncan  Australia Resources; property 0.670
111 Increase 0.704 Increase Jack Bendat AM  Australia Property 0.701
112 Increase 0.702 Increase Bruce Gordon  Australia Media 107 Decrease 0.629 Decrease
113 Increase 0.702 Decrease Bruno Grollo and family  Australia Grocon; property 0.720
114 Increase 0.689 Increase Mark Creasy  Australia Resources 0.610
115 Increase 0.689 Decrease Mick Power  Australia Construction 0.902
116 Increase 0.684 Increase David Greiner and Ben Richardson  Australia Technology 0.593
117 no data available
118 Increase 0.680 Increase Chris Mackay  Australia Financial services 0.560
119 Increase 0.676 Increase Andrew and Michael Buxton  Australia Property 0.579
120 no data available
121 Increase 0.673 Increase Paul Fudge  Australia Media 0.663
122 Increase 0.762 Increase Bruce Neill  Australia Financial services 0.472
123 Increase 0.667 Decrease Jonathan Hallinan  Australia Property 0.490
124 Increase 0.660 Increase Max Beck  Australia Property 0.562
125 Increase 0.660 Decrease Harry Stamoulis and family  Australia Manufacturing 0.646
126 Increase 0.657 Increase Kim McKendrick and family  Australia Ex-Godfrey Hirst Carpets 0.582
127 Increase 0.655 Increase Frank Costa AO and family  Australia Agriculture 0.538
128 Increase 0.654 Increase Kerry Harmanis  Australia Resources 0.640
129 Increase 0.651 Increase Greg Poche  Australia Ex-StarTrack 0.638
130 Increase 0.646 Increase Trevor Lee  Australia Agriculture 0.407
131 Increase 0.638 Increase Terry Peabody  Australia Ex-Transpacific; investment 0.587
132 Increase 0.631 Increase Zig Inge and family  Australia Property 0.611
133 Decrease 0.625 Increase Naomi Milgrom AO  Australia Sussan; Sportsgirl; Suzanne Grae 117 0.585
134 Increase 0.621 Decrease John Symond AM  Australia Ex-Aussie Home Loans 0.673
135 Increase 0.617 Increase Hamish Douglass  Australia Financial services 0.531
136 Increase 0.611 Increase Nick DiMauro  Australia Property 0.530
137 Increase 0.594 Increase Marcus Blackmore  Australia Blackmores; healthcare 0.529
138 Increase 0.589 Increase Leon Kamenev  Australia Ex-Menulog; technology 0.558
139 Increase 0.588 Increase Christina and Tony Quinn  Australia Darrell Lea; retail 0.465
140 no data available
141 Increase 0.586 Increase Jamie Pherous  Australia Travel services 0.432
142 Increase 0.580 Increase Danny Hill  Australia Property 0.447
143 Increase 0.580 Increase Tim Kentley-Klay  Australia Technology 0.470
144 Increase 0.574 Decrease Tim Gurner  Australia Property 0.473
145 Increase 0.569 Increase Tony Tartak and family  Australia Services 0.407
146 Increase 0.566 Increase Bill Roche and Imelda Roche AO  Australia Retail 0.504
147 no data available
148 Increase 0.561 Increase Gordon Martin  Australia Manufacturing 0.484
149 Increase 0.560 Increase Graham Tuckwell  Australia Financial services 0.462
150 Increase 0.559 Increase Grahame Mapp  Australia Investment 0.423
151 Increase 0.555 Increase Steven Kalmin  Australia Glencore 0.454
152 Increase 0.553 Increase Paul Blackburne  Australia Property 0.530
153 Increase 0.549 Decrease Andrew Abercrombie  Australia Financial services 0.574
154 Increase 0.549 Increase John Higgins  Australia Investment; services 0.484
155 Increase 0.546 Decrease Nigel Satterley  Australia Satterley; property 0.551
156 Increase 0.536 Increase Robert Whyte  Australia Investment 0.446
157 Increase 0.535 Decrease George Kepper  Australia Technology; property 0.563
158 Increase 0.534 Increase Diana and Rino Grollo  Australia Property 0.493
159 no data available
160 Increase 0.534 Increase Kevin Maloney  Australia Mining services 0.499
161 Increase 0.534 Increase John Singleton  Australia Media; investment; property 0.450
162 Increase 0.529 Increase Tony Poli  Australia Resources; property 0.482
163 Increase 0.527 Increase Hilton Nathanson  Australia Financial services 0.451
164 Increase 0.527 Decrease Will Vicars  Australia Financial services n/a not listed
165 Increase 0.519 Increase David Paradice  Australia Financial services 0.479
166 Increase 0.519 Decrease Ian Roberts  Australia Healthcare 0.557
167 Increase 0.519 Increase Tony Wales  Australia Ex-Computershare; investment 0.483
168 Increase 0.513 Increase Robert Magid  Australia Property 0.499
169 Increase 0.511 Increase Michael Boyd  Australia Sonic Healthcare 0.488
170 Increase 0.506 Increase Arthur Laundy  Australia Hotels 0.412
171 Increase 0.506 Increase Yenda Lee and family  Australia Bing Lee; retail 0.482
172 Increase 0.503 Increase Seumas Dawes  Australia Financial services 0.412
173 Increase 0.499 Decrease Peter Cooper  Australia Financial services 0.507
174 Increase 0.498 Increase Jan Cameron CNZM  Australia Ex-Kathmandu; retail n/a not listed
175 Increase 0.491 Increase Peter Hughes and family  Australia Agriculture 0.391
176 Increase 0.487 Increase Gerry Ryan OAM  Australia Jayco Australia; manufacturing 0.473
177 Increase 0.486 Increase Greg Coffey  Australia Financial services 0.482
178 Increase 0.483 Decrease Evan Acton and family  Australia Rural 0.490
179 Increase 0.475 Increase Dick Honan  Australia Manildra Group 0.440
180 Increase 0.472 Increase Trevor St Baker  Australia Energy n/a not listed
181 Increase 0.468 Increase Tony Haggarty  Australia Resources 0.462
182 Increase 0.459 Increase Owen Kerr  Australia Financial services 0.342
183 Increase 0.457 Decrease Bryan Dorman  Australia Technology 0.520
184 Increase 0.453 Decrease John and Robert Kirby  Australia Village Roadshow; entertainment 0.454
185 no data available
186 Increase 0.450 Increase Rod Jones  Australia Navitas Group 0.403
187 Increase 0.449 Decrease Bob Rose  Australia Property 0.454
188 Increase 0.432 Decrease Laurie Sutton  Australia Retail 0.453
189 Increase 0.428 Decrease John Simpson  Australia Property 0.614
190 Increase 0.415 Increase Doug Shears  Australia Rural 0.413
191 Increase 0.413 Increase Ori Allon  Australia Technology 0.364
192 Increase 0.411 Decrease Alf Moufarrige  Australia Servcorp; property 0.467
193 Increase 0.409 Increase Bob Sharpless  Australia Property n/a not listed
194 Increase 0.407 Decrease Patricia Ilhan  Australia Crazy John's 0.404
195 Increase 0.405 Increase Tony Denny  Australia Retail 0.355
196 Increase 0.404 Increase John Kinghorn  Australia Investment 0.353
197 Increase 0.401 Increase Alan Tribe  Australia Retail 0.375
198 Increase 0.399 Decrease Barry Lambert  Australia Financial services 0.437
199 Increase 0.395 Increase Ruslan Kogan  Australia Kogan.com; retail n/a not listed
200 Increase 0.387 Increase Radek Sali  Australia Ex-Swisse 0.372
Legend
Icon Description
Steady Has not changed from the previous year's list
Increase Has increased from the previous year's list
Decrease Has decreased from the previous year's list

See also

References

  1. ^ a b c d Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
  2. ^ a b Janda, Michael (24 May 2018). "Rich List: Billionaires multiply as profits surge, wages stall". ABC News. Australia. Retrieved 2 October 2019.
  3. ^ Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News. Australia. Retrieved 2 October 2019.
  4. ^ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
  5. ^ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  6. ^ Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Archived from the original on 26 July 2014. Retrieved 17 July 2014.
  7. ^ Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Archived from the original on 9 October 2019. Retrieved 8 October 2019.
  8. ^ Glasenberg, Ivan (5 May 2013). "Letztlich macht es keine Differenz, ob Ihr Vermögen eine Milliarde beträgt oder sechs". SonntagsZeitung (Interview) (in German). Interviewed by Martin Spieler. Archived from the original on 6 May 2013. Retrieved 30 September 2019.