Financial Review Rich List 2018

Last updated June 17, 2023

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

Legend
Icon	Description
	Has not changed from the previous year's list
	Has increased from the previous year's list
	Has decreased from the previous year's list

Related Research Articles

Gerry Harvey is an Australian entrepreneur best known for being the executive chairman of Harvey Norman Holdings, a company which runs Australian retail chain Harvey Norman. He co-founded it with Ian Norman in 1982.

John Gandel, an Australian businessman, property developer and philanthropist, made his fortune in the development of commercial real estate as well as shopping centres located in Melbourne, Victoria.

Kerr Neilson is a South African-born Australian billionaire investment manager who, in 1994, co-founded Platinum Asset Management. Neilson's ability to consistently choose high-performing stocks has seen him dubbed "Australia's Warren Buffett". As of May 2022, his net worth was estimated at US$1.0 billion.

<span class="mw-page-title-main">Xu Rongmao</span>

Xu Rongmao, or Hui Wing Mau in Cantonese, is a Chinese-Australian entrepreneur and billionaire, and the founder and the chairman of Shimao Property. Xu is estimated to be one of the largest property developers in Shanghai. According to Forbes in 2021, his net worth is estimated at $10.3bn.

The Financial Review Rich List, formerly known as the BRW Rich 200, is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth published annually in The Australian Financial Review Magazine, a supplement of The Australian Financial Review, published by Nine Publishing. 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 listed.

Michael Cannon-Brookes is an Australian billionaire business magnate who is the co-founder, and co-CEO of software company Atlassian.

David Hains was an Australian billionaire businessman, engineer, and horse breeder. He was the founder and once CEO of Portland House Group, Australia’s largest private investments management firm and hedge fund. According to Forbes, Hains had a personal net-worth of an estimated $2.89 billion making him Australia’s 18th richest person.

Scott Farquhar is an Australian billionaire business magnate who is the co-founder and co-CEO of software company Atlassian. Farquhar often carries the epithet of accidental billionaire after he and his business partner Mike Cannon-Brookes founded Atlassian with the aim to replicate the A$48,000 graduate starting salary typical at corporations without having to work for someone else.

Paul Lederer is the former CEO of Primo Group, and Chairman and co-owner of A-League club Western Sydney Wanderers.

Jamuna Gurung is an Australian businesswomen of Nepalese origin, executive director and managing director of the Melbourne Institute of Technology, in Victoria, Australia, which she co-founded with her husband, Dr Shesh Ghale.

The Financial Review Rich List 2019 is the 36th annual survey of the 200 wealthiest people resident in Australia, published by The Australian Financial Review on 31 May 2019.

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. 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.

The BRW Rich 200, 2016 is the 33rd annual survey of the wealthiest people resident in Australia, published in The Australian Financial Review on 27 May 2016. 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.

The BRW Rich 200, 2015 is the 32nd annual survey of the wealthiest people resident in Australia, published online by The Australian Financial Review in June 2015.

The BRW Rich 200, 2014 is the 31st annual survey of the wealthiest people resident in Australia, published online by The Australian Financial Review on 26 June 2014.

The BRW Rich 200, 2013 is the 30th annual survey of the wealthiest people resident in Australia, published in hardcopy and online formats in the BRW magazine on 24 May 2013. This was the last list published in hardcopy format by the BRW as the final hardcopy issue of the BRW was published in November 2013.

The Financial Review Rich List 2020 is the 37th annual survey of the 200 wealthiest people resident in Australia, published by The Australian Financial Review in The Australian Financial Review Magazine on 30 October 2020.

Judith Neilson is an Australian businesswoman and philanthropist with a passion for visual arts. Neilson is the co-founder of the White Rabbit Gallery in Sydney. She is a significant shareholder in Platinum Asset Management, a company co-founded by her former husband, Kerr Neilson.

The Financial Review Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 27 May 2021.

The Financial Review Rich List 2023 is the 40th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 26 May 2023.

References

1 2 3 4 Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review . Retrieved 26 May 2018.
1 2 Janda, Michael (24 May 2018). "Rich List: Billionaires multiply as profits surge, wages stall". ABC News . Australia. Retrieved 2 October 2019.
↑ Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News . Australia. Retrieved 2 October 2019.
↑ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review . Retrieved 8 June 2017.
↑ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey . Private Media. Retrieved 10 October 2019.
↑ Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Retrieved 17 July 2014.
↑ Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Retrieved 8 October 2019.
↑ 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.

External links

"Financial Review Rich List". The Australian Financial Review . 2018.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.

[afr2018-1] 1 2 3 4 Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review . Retrieved 26 May 2018.

[abc2018-2] 1 2 Janda, Michael (24 May 2018). "Rich List: Billionaires multiply as profits surge, wages stall". ABC News . Australia. Retrieved 2 October 2019.

[abc2019-3] Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News . Australia. Retrieved 2 October 2019.

[afr2017-4] Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review . Retrieved 8 June 2017.

[crikey2017-5] Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey . Private Media. Retrieved 10 October 2019.

[smartcompany-6] Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Retrieved 17 July 2014.

[7] Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Retrieved 8 October 2019.

[soz-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.

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

v t e Lists of Australian people by net worth
BRW Rich 200	1984 (as BRW Rich 100) 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Financial Review Rich List	2017 2018 2019 2020 2021 2022 2023
Forbes list of Australia's 50 richest people	2011 2012 2013 2014 2015 2016 2017 2018 2019

Financial Review Rich List 2018

Contents

List of individuals

See also

Related Research Articles

References

External links