Financial Review Rich List 2017

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The Financial Review Rich List 2017 is the 34th annual survey of the wealthiest people resident in Australia, published by The Australian Financial Review on 25 May 2017. [1] From its establishment in 1984 and up until the publication of the 2016 list, the survey had been published in either hardcopy and/or online format in the BRW , or formerly, the Business Review Weekly. On 4 March 2016, Fairfax Media announced the closure of the BRW website, and redirected the site to a new section of The Australian Financial Review . Rich lists are now published in The Australian Financial Review Magazine and in 2017 were rebranded as the Financial Review Rich List. [2]

Contents

In the 2017 list, the net worth of the wealthiest individual, Anthony Pratt, was A$12.60  billion. [3] The combined wealth of the 200 individuals was calculated as A$230 billion; [4] compared with a combined wealth of A$6.4 billion in 1984 when the BRW Rich 200 commenced. [5] Fifteen women and 185 men made the 2014 list.

List of individuals

2017 [1] [6] NameCitizenshipSource of wealth 2016 [7] [8]
Rank Net worth
A$  bn
RankNet worth
A$ bn
1Increase2.svg12.60 Increase2.svg Anthony Pratt Australia Visy Industries; Pratt Industries2Increase2.svg10.35 Decrease2.svg
2Increase2.svg11.45 Increase2.svg Harry Triguboff Australia Meriton Apartments 1Decrease2.svg10.62 Increase2.svg
3Increase2.svg10.41 Increase2.svg Gina Rinehart Australia Hancock Prospecting; investment4Decrease2.svg6.06 Decrease2.svg
4Decrease2.svg8.26 Steady2.svg Frank Lowy Australiaex-Westfield; property (shopping centres)3Decrease2.svg8.26 Steady2.svg
5Increase2.svg6.85 Increase2.svg Ivan Glasenberg Australia [9]
South Africa
Switzerland [10]
Glencore commodities trading 9Decrease2.svg3.33 Decrease2.svg
6Increase2.svg6.84 Increase2.svg Andrew Forrest Australia Fortescue Metals Group 8Increase2.svg3.33 Increase2.svg
7Decrease2.svg6.05 Increase2.svg John Gandel AustraliaProperty (shopping centres)5Increase2.svg5.45 Increase2.svg
8Decrease2.svg5.96 Increase2.svg Hui Wing Mau China
Australia [11]
Shimao Property 6Decrease2.svg5.39 Decrease2.svg
9Decrease2.svg4.79 Decrease2.svg James Packer Australia Crown Resorts; Consolidated Media Holdings 7Steady2.svg5.00 Decrease2.svg
10Increase2.svg3.90 Increase2.svg Stan Perron AustraliaProperty11Decrease2.svg2.88 Increase2.svg
113.07 Increase2.svg Len Ainsworth AustraliaGaming; manufacturing
123.00 Lang Walker Australia Walker Corporation (property)
13Steady2.svg2.91 Increase2.svg Lindsay Fox AC Australia Linfox; property13Increase2.svg2.49 Increase2.svg
142.90 Increase2.svg Kerry Stokes AC AustraliaProperty; Seven West Media; resources
15Increase2.svg2.74 Decrease2.svg Bianca Rinehart Australia Hancock Prospecting; investment
16Decrease2.svg2.55 Increase2.svg David Hains and familyAustraliaInvestment14Decrease2.svg2.48 Increase2.svg
17Increase2.svg2.51 Increase2.svg Mike Cannon-Brookes Australia Atlassian 18Increase2.svg2.00 Increase2.svg
18Increase2.svg2.51 Increase2.svg Scott Farquhar Australia18Increase2.svg2.00 Increase2.svg
192.38 Increase2.svg Solomon Lew Australia Premier Investments; retail
202.38 Increase2.svg Jack Cowin Australia Competitive Foods Australia; investment
212.34 Increase2.svg Gerry Harvey Australia Harvey Norman Holdings
222.24 Marc Besen AustraliaRetail
232.09 Increase2.svg Alan Rydge Australia Rydges Hotels & Resorts; Event Cinemas
24Increase2.svg1.98 Increase2.svgSir Michael Hintze Australia
United Kingdom
Retail; investment37Decrease2.svg1.32 Decrease2.svg
251.93 Huang Bingwen and familyAustraliaManufacturing
Legend
Icon Description
Steady2.svgHas not changed from the previous year's list
Increase2.svgHas increased from the previous year's list
Decrease2.svgHas decreased from the previous year's list

See also

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References

  1. 1 2 Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017" . Financial Review . Retrieved 7 October 2019.
  2. Ward, Miranda (4 March 2016). "Fairfax Media to close BRW website with team joining new Leadership section at AFR". Mumbrella. Retrieved 4 March 2016.
  3. Stensholt, John; Tadros, Edmund (25 May 2017). "Rich List 2017: the 15 names on every list since 1984". AFR Magazine . Retrieved 13 June 2017.
  4. Stensholt, John, ed. (26 May 2017). "Financial Review Rich List 2017 tops $230 billion mark" . Financial Review . Retrieved 7 October 2019.
  5. Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News . Australia. Retrieved 7 October 2019.
  6. Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey . Private Media. Retrieved 10 October 2019.
  7. Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200" . Financial Review . Australia. Retrieved 7 June 2016.
  8. Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News . Australia. Retrieved 7 October 2019.
  9. 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.
  10. 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.
  11. 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.