Galipo Foods is a large-scale supplier to the foodservice industry. 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. Sector: Infrastructure and transportation | Revenue: $1.1b | Last Years Ranking: 12. The company, now valued at an eye-popping $3.5 billion, develops non-fungible token video games and operates ImmutableX, which builds NFT marketplaces for companies including TikTok, GameStop, Illuvium and EmberSword. Sector: Energy | Revenue: $5.1b | Last Years Ranking: 1. Yang Huiyan has a net worth of $19 billion. Beston Global Food Company Limited exports a range of food products, focusing on dairy and meat. Hillgrove Resources Limited is an Australian mining and resources company primarily focused on the development of the Kanmantoo Copper mine. The Shahin family are South Australia 's wealthiest representatives on the inaugural edition of the The List Australia 's Richest 250, published in the Weekend Australian on Saturday. Hancock was started by Rineharts late father Lang Hancock in 1955, though its main asset then was an iron ore royalty stream. Billionaire Alex Waislitz has attacked Grant Thornton for its decision to declare fair and reasonable a $107m takeover offer for listed fintech OneVue. Woolworths reports 8pc increase in sales. The highest money-making sectors from the list are property with 70 rich listers split between property and construction. Khalil "Charlie" Shahin. Atlassian shares slumped more than 46 per cent from their peak in October last year but, as at April, they were still trading above where they were a year ago. Sector: Building and construction | Revenue: $83 million | Last Years Ranking: 52. Sector: Building and construction | Revenue: $74.5m | Last Years Ranking: 68. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 13. Kangaroo Island Plantation Timbers manages hardwood and softwood forestry plantations on Kangaroo Island. Peter Freedman on the cover of AFR Magazines 2022 Rich List issue. Imelda Roche, one of 19 billionaires on the 2023 Financial Review Rich Women List, was at the vanguard of getting women into the workforce. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. Hains, who died on Sunday morning aged 92, has been remembered by his family and fellow Rich Listers for both his self-made business success, and personal warmth. Australias richest person has warned the nations pensioners and others on low incomes will be forced to make difficult decisions as electricity costs rise. 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 countdown finishes today with the full list, including the top 20 which features some newcomers. Markets plunged in March last year, but it has been smooth sailing ever since for some of the biggest names in Australian business. So who has bought one? Sector: Building and construction | Revenue: $347m | Last Years Ranking: 35. Korvest is a supplier of cable and pipe supports, industrial access and safety systems, fastening solutions and galvanising services. Ahrens Group is a construction, engineering and mining services company, delivering a range of project services from design, steel fabrication and procurement through to construction and project delivery. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. WiseTechs Richard White wants to beef up Australias STEM capacity. He used to work at Hungry Jacks. Billionaire Clive Palmer has enlisted former attorney-general Christian Porter to his legal team as he chases a massive damages payout from Australia under international trade laws. Sector: Professional services | Revenue: $125m | Last Years Ranking: 57. Kilbirnie Investments has a series of automotive dealerships and horticulture assets, predominantly in South Australia and Victoria. Mike Cannon-Brookes (No.3); Robyn Denholm (120); Peter Freedman (192); Gina Rinehart (1); Sam Arnaout (63); Cliff Obrecht and Melanie Perkins (8). Maggie Beer Holdings represent four brands of gifting, food and beverage products using Australian ingredients and materials that support local dairy farmers, fruit and vegetable growers. At #10 another mining magnate Ivan Glasenberg maintains a worth of $9.10 billion. The real art is in putting things together in a better way. Andromeda Metals has been added at No.26 and NSW-based Ansarada Group (previously No. At #1 Gina Rinehart tops the list with a massive $32.64 billion wealth. Meeting the need for economy-wide, unified and trusted public services. *KIPT has changed its name to Kiland since this list was originally published, Sector: Infrastructure and transportation | Revenue: $60.7m | Last Years Ranking: 80. 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. OZ Minerals is a copper-focused miner based in Adelaide with South Australian copper-gold mines at Prominent Hill and Carrapateena. Independent Pub Group Holdings operates licensed hotels and retail liquor outlets in South Australia. Now in its seventh year, the Index has become a key source of data for those with a keen interest in the South Australian economy and business environment. Sector: Building and Construction | Revenue: $100 million | Last Years Ranking: Unranked. Follow updates here. Yasser Shahin and Dr Sam Shahin. 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. If youve been wondering where all of these people live, the places they call home have also been announced. He inherited ownership of the family business when his late father Richard Pratt died in 2009. Santos is a major oil and gas producer, supplying Australian and Asian customers with a portfolio of liquefied natural gas, pipeline gas and oil assets. Sector: Printing | Revenue: Undisclosed | Last Years Ranking: 82. Theres work to do for this 97-year-old who heads into the office each weekday. The veteran Queensland property developer will wait and see what effects COVID-19 might have on the sector. Leigh Creek Energy Limited is developing a coal gasification project, the Leigh Creek Energy Project, located 550km north of Adelaide. While he checks the share price most days, he says he cant get too worried about it. Updated Oct 28, 2022 - 8.46am, first published at Oct 27, 2022 - 5.45am. Sector: Information technology and equipment | Revenue: $158m | Last Years Ranking: 15. 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. Perth industrial landholder Michael Hodgson and Bob Ell, another major industrial property player, both enjoy big jumps in their values Hodgson is now worth $3.08 billion, up from $2.34 billion and Ell, worth $2.42 billion, is up from $1.98 billion. You must have completed a Bachelor or higher qualification in SA that meets the South Australian study requirements Sector: Financials | Revenue: Undisclosed| Last Years Ranking: 32. At #3 Anthony Pratt, the executive chairman of packaging and recycling company Visy holds $27.77 billion. Maughan Theim Automotive is an automotive motor vehicle company which runs a variety of dealerships in South Australia. It is critical that members of a family trust know what is to happen to trust assets if any of the key people die. 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. Sector: Electrical | Revenue: $46.7m | Last Years Ranking: Unranked. Sector: Food and beverage | Revenue: $147m | Last Years Ranking: 55. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 59. Mike Cannon-Brookes is worth $26.20 billion and and Scott Farquhar $25.99 billion. Sector: Agriculture | Revenue: $48.5m | Last Years Ranking: 67. 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. You can. They wind down in various ways, from the sporty to the leisurely or just collecting ritzy houses. 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. Sector: Agriculture | Revenue: $39.7m | Last Years Ranking: 39. 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 also unveil the winners of the individual awards. The Australian losers included Melanie Perkins and Mike Cannon-Brookes. Sector: Engineering | Revenue: Undisclosed | Last Years Ranking: 75. Gina Rinehart topped the Richest 250 list overall for 2022, with a massive $32.64 billion in wealth. Sector: Financial | Revenue: $133m | Last Years Ranking: 31. In #4 and #5 are the co-founders of software development company Atlassian. Zip Cos market cap has capitulated from about $6 billion a year ago to just $700 million, leaving Diamond with a far smaller fortune of about $70 million. Full list of names. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. Australias youngest business leaders are making big money from cryptocurrency gambling, non-fungible-tokens, power tools and selling mortgages. 2 of 11 Attribution: Yadid Levy. The nations miners, including Chris Ellison, enter the new year building on their huge fortunes, while its top tech entrepreneurs are nursing eye-watering losses. 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. 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. The liquidity opportunity for the unlisted companys investors comes in the wake of VGWs first regulatory challenge in its prime US market. Australias youngest billionaire is Melbournes 27-year-old crypto gambling magnate Edward Craven, who debuts on The List - Australias Richest 250 with an estimated $2.01bn fortune. Forrest is FMGs biggest shareholder, having started the company in 2003 after being forced to stand down from a previous role as boss of Anaconda. 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. Sector: Infrastructure and transportation | Revenue: Undisclosed | Last Years Ranking: 77. The Fortescue billionaire chairman is richer than ever, but several other miners have also made big fortunes since March. For Nick Andrianakos, a journey of discovery to the lucky country has led to an estimated $894m petroleum fortune built over a lifetime. Parafield Airport is South Australias premier general aviation airport and is a major world-standard international training airport. Clive Palmer makes more income than almost every other Australian billionaire. Forrest has been outspoken for the best part of two years now about his Fortescue Future Industries, the subsidiary of Fortescue Metals Group that he wants to turn into one of the worlds biggest energy producers. 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. While the last year brought money woes for many Australians, wealth surged for others, as the list welcomed a record 29 new names to the list. 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. The Standout Large Employer Award was won by Peregrine Corporation, the operator of the states network of On the Run service stations. Sector: Agriculture | Revenue: $17.8m | Last Years Ranking: 81. *The company has changed its name to Kelsian Group since the original 2021 list was published. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. Leader Computers Pty Ltd is a manufacturer and distributor of information communications technology products. The tech downturn could put plans for Canva to go public, probably in the US, on the backburner for now. The popular veteran stockpicker will take a carrot and stick approach to the LICs he has targeted that are trading below their asset value. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. 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. 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. Meet the 250 mining magnates, property kings, retail queens, manufacturing giants and technology titans in the countrys most extensive annual survey of wealth. Dominic Lorrimer. The Dicker Data founder is one of dozens of Richest 250 members to have lost money this year. Mossop is a construction and interiors company working on commercial, education, health, hospitality and residential projects.
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