Financial Review Rich List 2021

This article is about the Financial Review Rich List published in 2021. For general information about the list, see Financial Review Rich List.

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 net worth of the wealthiest individual, Gina Rinehart, was $31.06  billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {$590 million; up from $540 million for the 200th individual in 2020. The combined wealth of the 200 individuals was calculated as $479.6 bn, an increase of $55.6 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the BRW Rich 200 commenced. ^{[1] [2]} Thirty-nine women were included on the 2021 Rich List, representing 19.5 percent of the list; up from thirty women in 2020, or 12 percent. The list included eighteen debutants. ^{[3] [4]}

Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual in 2020. ^{[1] [5]} From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ranked fourth in the 2021 Rich List, after Andrew Forrest, ^[2] Australia's wealthiest individual in 2008, ^{[6] [7]} and Mike Cannon-Brookes. Harry Triguboff was Australia's wealthiest individual in 2016, ^{[8] [9]} ranked sixth in the 2021 Rich List. ^[3]

List of individuals

2021 [3]		Name	Citizenship	Source of wealth	2020 [1]
Rank	Net worth A$  bn				Rank	Net worth A$ bn
1	31.06	Gina Rinehart	Australia	Hancock Prospecting; investment	1	28.89
2	27.25	Andrew Forrest	Australia	Fortescue Metals Group	2	23.00
3	20.18	Mike Cannon-Brookes	Australia	Atlassian	5	16.93
4	20.09	Anthony Pratt and family	Australia	Visy Industries; Pratt Industries	3	19.75
5	20.00	Scott Farquhar	Australia	Atlassian	6	16.69
6	17.27	Harry Triguboff	Australia	Meriton Apartments	7	14.42
7	13.01	Clive Palmer	Australia	Mineralogy and other mining interests; hospitality	8	9.18
8	11.70	Hui Wing Mau	People's Republic of China   Australia [10]	Shimao Property	4	18.06
9	8.51	Sir Frank Lowy	Australia	ex-Westfield; property	9	8.30
10	7.98	Melanie Perkins and Cliff Obrecht	Australia	Canva	26	3.43
11	7.86	Alan Wilson and family	Australia	Reece Group	12	4.93
12	7.39	Ivan Glasenberg	Australia [11]   South Africa    Switzerland [12]	Glencore commodities trading	16	4.54
13	7.18	Kerry Stokes	Australia	Property; Seven West Media; resources	10	6.26
14	5.80	John Gandel	Australia	Property (shopping centres)	11	5.45
15	5.72	James Packer	Australia	Crown Resorts; Consolidated Media Holdings	13	4.69
16	5.04	Len Ainsworth and family	Australia	Gaming; manufacturing	18	4.42
17	4.94	Jack Cowin	Australia	Competitive Foods Australia; investment	17	4.51
18	4.76	Vivek Chaand Sehgal	Australia	Motherson Sumi Systems	14	4.63
19	4.70	Richard White	Australia	Technology	20	4.10
20	4.57	Chau Chak Wing	Australia	Property; investments	15	4.60
21	4.48	Lang Walker	Australia	Walker Corporation (property)	19	4.27
22	4.43	Lachlan Murdoch	United States   United Kingdom   Australia [13]	Media	22	3.76
23	4.37	Solomon Lew	Australia	Premier Investments; retail	24	3.72
24	4.13	Angela Bennett	Australia	Mining	21	3.83
25	4.01	Lindsay Fox	Australia	Linfox; property	23	3.72
26	3.96	Andrew Budzinski	Cyprus	IC Markets; financial services	58	1.67
27	3.96	Alexandra Burt and Leonie Baldock	Australia	Resources	25	3.62
28	3.20	Gerry Harvey and Katie Page	Australia	Harvey Norman	31	2.57
29	3.19	Morry Fraid , Zac Fried and family	Australia	Retail; property	72	1.41
30	2.99	Greg Goodman and family	Australia	Goodman Group; property	46	2.02
31	2.89	David Hains	Australia	Investment	28	2.93
32	2.80	Prudence MacLeod	Australia	News Corporation and News UK	36	2.24
33	2.79	Michael Heine and family	Australia	Financial services	53	1.83
34	2.69	Tony Perich and family	Australia	Agriculture; property	43	2.05
35	2.68	Laurence Escalante	Australia	Gaming	n/a	not listed
36	2.67	Nick Molnar	Australia	Afterpay; technology	50	1.86
37	2.66	Betty Klimenko , Monica Weinberg-Saunders and family	Australia	Property	29	2.73
38	2.66	Anthony Eisen	Australia	Afterpay; technology	51	1.86
39	2.65	Brett Blundy	Australia	Retail; property; agriculture	37	2.20
40	2.55	David and Vicky Teoh	Australia	Telecommunications	32	2.54
41	2.53	Kie Chie Wong , Ann Lim and family	Malaysia [3]	Investor; resources	44	2.04
42	2.53	Terry Snow	Australia	Capital Airport Group; property	27	3.19
43	2.49	John Van Lieshout	Australia	Retail	45	2.03
44	2.40	John Hancock	Australia	Hancock Prospecting	40	2.05
45	2.34	Michael Hodgson	Australia	Property	33	2.33
46	2.32	Maurice Alter and family	Australia	Retail	34	2.31
47	2.31	Bianca Rinehart	Australia	Hancock Prospecting	39	2.05
48	2.31	Ginia Rinehart	Australia	Hancock Prospecting	42	2.05
49	2.31	Hope Welker	Australia	Hancock Prospecting	41	2.05
50	2.30	Gretel Packer	Australia	Crown Resorts; investment	56	1.77
51	2.26	Cameron Adams	Australia	Canva	104	1.00
52	2.21	Sir Michael Hintze GCSG, AM	Australia   United Kingdom	Retail; investment	30	2.60
53	2.05	Marcus Besen and family	Australia	Retail	35	2.24
54	2.02	Nick Politis	Australia	Retail; property	79	1.31
55	1.98	Bob Ell	Australia	Property	47	1.98
56	1.98	Gary Tieck and family [note 1]	Australia	Property; investment	n/a	not listed
57	1.93	Nigel Austin	Australia	Cotton On Group; retail	49	1.92
58	1.90	Russell Withers and family	Australia	Retail	55	1.79
59	1.85	Ye Lipei	Australia	Property	48	1.95
60	1.82	Jack Gance	Australia	Chemist Warehouse; retail	93	1.10
61	1.81	Bruce Mathieson	Australia	Gaming; investments	63	1.54
62	1.79	Jonathan Munz and family	Australia	Manufacturing	60	1.59
63	1.79	Mario Verrocchi	Australia	Chemist Warehouse	98	1.06
64	1.78	Maha Sinnathamby	Australia	Residential property	76	1.35
65	1.76	Sam and Andrew Buckeridge and family	Australia	Buckeridge Group of Companies	54	1.79
66	1.72	Paul Salteri and family	Australia	Investment	57	1.69
67	1.71	Paul Little	Australia	Toll Holdings	59	1.67
68	1.63	John Casella and family	Australia	Agriculture	62	1.57
69	1.60	Manny Stul and family	Australia	Moose Toys; retail	119	0.835
70	1.58	Tim Roberts	Australia	Ex-Multiplex; investment	52	1.86
71	1.55	Judith Neilson	Australia	Investment	69	1.44
72	1.55	Alan Rydge	Australia	Rydges Hotels & Resorts; Event Cinemas	80	1.30
73	1.55	Kerr Neilson	Australia	Financial services	73	1.38
74	1.54	Robert Millner and family	Australia	Washington H Soul Pattinson; investment	89	1.16
75	1.54	Sam Tarascio	Australia	Property	64	1.53
76	1.53	Khalil Shahin and family	Australia	Retail	61	1.58
77	1.50	Alex Waislitz	Australia	Investment	65	1.49
78	1.45	Chris Wallin	Australia	QCoal; resources	70	1.43
79	1.44	Peter Gunn	Australia	Logistics; investment; property	71	1.42
80	1.44	Raymond Barro and family	Australia	Construction	66	1.48
81	1.44	Eddie Hirsch	Australia	United Petroleum	77	1.32
82	1.42	Avi Silver	Australia		78	1.32
83	1.39	Paul Lederer	Australia	Ex-Primo smallgoods; investment	75	1.36
84	1.36	Anthony Hall	Australia	Technology	122	0.820
85	1.35	Chris Thomas	Australia	Agriculture	74	1.37
86	1.32	Sam Hupert	Australia	Technology	134	0.761
87	1.29	Chris Ellison	Australia	Resources	103	1.00
88	1.27	Arthur Laundy	Australia	Hotels	181	0.584
89	1.27	John Richards and family	Australia	Waste management	86	1.19
90	1.27	Raphael Geminder	Australia	Manufacturing	97	1.06
91	1.26	Con Makris and family	Australia	Property	82	1.25
92	1.26	Nicholas Paspaley and family	Australia	Paspaley Pearls	83	1.25
93	1.24	Chris Mackay	Australia	Financial services	68	1.46
94	1.23	Hamish Douglass	Australia	Financial services	67	1.47
95	1.22	Bill Roche and Imelda Roche	Australia	Retail	84	1.21
96	1.21	Nechama Werdiger and family	Australia	Property	85	1.20
97	1.21	Justin Hemmes	Australia	Hotels; property	101	1.00
98	1.19	Reg and Hazel Rowe	Australia	Super Retail Group; property	88	1.17
99	1.18	Lyn Ingham and family	Australia	Ex-Inghams Enterprises; manufacturing	87	1.17
100	1.18	Huang Bingwen and family	Australia	Manufacturing	81	1.28
101	1.17	Shaun Bonétt	Australia	Precision Group; property	99	1.06
102	1.17	Trevor Lee	Australia	Agriculture	100	1.02
103	1.16	Sandy Oatley and family	Australia	Agriculture; property; tourism	90	1.13
104	1.16	Sam Kennard and family	Australia	Kennards Self Storage	n/a	not listed
105	1.15	John Kahlbetzer	Australia	Agriculture	92	1.10
106	1.13	Sam Chong	Australia	Resources; hotels	91	1.12
107	1.10	Ralph Sarich	Australia	Investment; property	94	1.08
108	1.09	Denis Wagner and family	Australia	Construction; mining services	102	1.00
109	1.06	Dale Elphinstone	Australia	Elphinstone Group; mining services	96	1.08
110	1.06	Dick Honan	Australia	Manildra Group	95	1.08
111	1.01	Jamuna Gurung and Shesh Ghale	Australia	Melbourne Institute of Technology	105	0.994
112	0.997	Gordon Fu and family	Australia	Property	106	0.992
113	0.995	Peter Scanlon and family	Australia	Patrick Corporation	107	0.983
114	0.939	Andy Kennard and family	Australia	Kennards Hire	n/a	not listed
115	0.933	Naomi Milgrom	Australia	Sussan; Sportsgirl; Suzanne Grae	125	0.795
116	0.925	Chris Morris	Australia	Computershare; financial services; hospitality	108	0.922
117	0.907	Rod Spooner and family	Australia	Property	109	0.904
118	0.904	Ervin Vidor and Charlotte Vidor	Australia	Property; hotels	115	0.866
119	0.903	Lloyd Williams	Australia	Property; thoroughbreds	110	0.896
120	0.902	Laurie Sutton	Australia	Retail	113	0.884
121	0.874	Marnie Lewis-Millar , Shay Lewis-Thorp and family	Australia	Property	120	0.834
122	0.871	Joy Chambers-Grundy	Australia	Media	114	0.871
123	0.870	Bruce Gordon	Australia	Media	111	0.892
124	0.869	Rod Duke	Australia	Briscoe Group	123	0.802
125	0.867	Will Vicars	Australia	Financial services	176	0.608
126	0.858	Nick Andrianakos and family	Australia	Property	n/a	not listed
127	0.857	Mark Creasy	Australia	Resources	116	0.853
128	0.844	Tony Walls	Australia	Technology	128	0.783
129	0.843	Shangjin Lin and family, Yunhui Lin	Australia	Property	117	0.839
130	0.837	Andrew Roberts	Australia	Ex-Multiplex; property	121	0.827
131	0.834	Allan Myers	Australia	Investment; agriculture	127	0.791
132	0.827	Spiros Alysandratos	Australia	Travel; property	124	0.798
133	0.825	Theo Karedis	Australia	Retail; property	131	0.775
134	0.820	Roy Medich	Australia	Property	n/a	not listed
135	0.800	John Symond	Australia	Ex-Aussie Home Loans	112	0.891
136	0.790	Harry Stamoulis and family	Australia	Manufacturing	126	0.793
137	0.787	Cyan and Collis Ta'eed and family	Australia	Technology	130	0.777
138	0.786	Shirley Costa and family [note 2]	Australia	Agriculture	132	0.770
139	0.785	Larry Kestelman	Australia	Dodo Services; telecommunications	135	0.760
140	0.770	Peter Cooper	Australia	Financial services	137	0.754
141	0.763	Arnold Vitocco	Australia	Property	136	0.758
142	0.748	Nick DiMauro	Australia	Property	144	0.721
143	0.745	Brian Flannery	Australia	Resources	138	0.740
144	0.737	Neil Rae and family	Australia	Ex-Gull Petroleum	139	0.733
145	0.736	Robert Whyte	Australia	Investment	141	0.731
146	0.735	Jonathan Hallinan	Australia	Property	145	0.720
147	0.731	John Singleton	Australia	Media; investment; property	142	0.728
148	0.729	Ian Malouf	Australia	Waste services	147	0.703
149	0.727	Trevor St Baker	Australia	Energy	149	0.699
150	0.725	Travers Duncan	Australia	Resources; property	140	0.732
151	0.724	David Dicker	Australia	Technology	n/a	not listed
152	0.723	Sunny Ngai and family	Australia	Manufacturing	197	0.547
153	0.721	Tania Austin	Australia	Retail	n/a	not listed
154	0.710	Kevin Seymour and family	Australia	Property	163	0.662
155	0.706	Peter Hughes and family	Australia	Agriculture	151	0.694
156	0.705	George Koukis	Switzerland	Software	146	0.715
157	0.704	Richard Smith	Australia	Food services	148	0.702
158	0.700	Garry Rothwell	Australia	Property	175	0.611
159	0.697	Ori Allon	United States	Technology	150	0.695
160	0.693	Greg Poche	Australia	Ex-StarTrack	155	0.687
161	0.692	Kerry Harmanis	Australia	Resources	154	0.690
162	0.688	Robyn Denholm	Australia	Technology	n/a	not listed
163	0.687	Michael Boyd	Australia	Sonic Healthcare	152	0.693
164	0.681	Christian Beck	Australia	Technology	153	0.691
165	0.679	Tony Tartak and family [note 1]	Australia	Waste; Bingo Industries	n/a	not listed
166	0.677	Owen Kerr	Australia	Financial services	173	0.617
167	0.676	Kim McKendrick and family	Australia	Ex-Godfrey Hirst Carpets	158	0.683
168	0.672	Paul Fudge	Australia	Media	157	0.684
169	0.670	Diane Burger and family	Australia	Property	160	0.667
170	0.668	Greg Coffey	United States	Financial services	164	0.655
171	0.665	George Kepper	Australia	Technology; property	156	0.684
172	0.664	Max Beck	Australia	Property	161	0.665
173	0.663	Don McDonald and family	Australia	Financial services	169	0.639
174	0.658	Joanna Horgan and Peter Wetenhall	Australia	Retail	n/a	not listed
175	0.657	Zig Inge and family	Australia	Property	166	0.645
176	0.655	Megan Wynne and Bruce Bellinge	Australia	Human services	n/a	not listed
177	0.652	Andrew and Michael Buxton	Australia	Property	165	0.646
178	0.650	Rhonda Wyllie and family	Australia	Investment	171	0.632
179	0.648	Robert Magid	Australia	Property	162	0.664
180	0.647	Terry Peabody	Australia	Ex-Transpacific; investment	167	0.644
181	0.646	David Tudehope and Aiden Tudehope	Australia	Macquarie Telecom	n/a	not listed
182	0.639	Jack Bendat	Australia	Property	170	0.634
183	0.632	Fiona Tudor Brown	Australia	Technology	n/a	not listed
184	0.631	John Higgins	Australia	Investment; services	172	0.629
185	0.627	David Paradice	United States	Financial services	174	0.613
186	0.626	Tah-nee and Simon Beard	Australia	Retail	n/a	not listed
187	0.611	Barry Lambert and family	Australia	Financial services	168	0.643
188	0.610	Zeljko Ranogajec	Isle of Man	Gaming	179	0.600
189	0.609	Tim Gurner	Australia	Property	185	0.581
190	0.607	Bob Rose	Australia	Property	177	0.605
191	0.605	Neville Bertalli [note 1]	Australia	Retail	n/a	not listed
192	0.600	Robin Khuda	Australia	Technology	n/a	not listed
193	0.598	Larry Diamond	Australia	Zip Co; technology	194	0.552
194	0.597	Charles Gibbon	Australia	Technology	183	0.587
195	0.596	Paul Blackburne	Australia	Property	187	0.579
196	0.695	Jina Chen and Alex Wu	Australia	Healthcare	159	0.680
197	0.594	Judy Brinsmead	Australia	Construction	180	0.594
198	0.593	Wes Maas	Australia	Construction	n/a	not listed
199	0.592	Grant Petty	Australia	Manufacturing	n/a	not listed
200	0.590	Douglas Clarke	Australia	Manufacturing	n/a	not listed

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

Removed from the 2021 list

The following individuals, who appeared on the Financial Review Rich List 2020, did not appear on the 2021 list:

2020 [1]		Name	Citizenship	Source of wealth	Reason (other than financial)
Rank	Net worth A$  bn
38	2.13	Peter, Andrew and Lex Greensill	Australia   United Kingdom	Financial services; agriculture	Greensill scandal [14] [15] [16] [17]
118	0.817	Eddie Machaalani	Australia	Technology
129	0.780	Mitchell Harper	Australia	Technology
133	0.764	Diana and Rino Grollo	Australia	Property	Parts of Grocon were placed in administration in November 2020 [18] [19]
143	0.724	Paul Baiada and family	Australia	Manufacturing; food production
178	0.601	Leon Kamenev	Australia	Ex-Menulog; technology
182	0.588	Gary Johnston	Australia	Jaycar; retail
184	0.585	Tony Haggarty	Australia	Mining
186	0.580	Jiwan and Suman Mohan	Australia	Agriculture
188	0.575	Ruslan Kogan	Australia	Kogan.com; technology
189	0.569	Geoff Lord	Australia	Resources
190	0.564	Bevan Slattery	Australia	Technology
191	0.560	Tony Poli	Australia	Resources; property
192	0.556	Gordon Martin	Australia	Manufacturing
193	0.554	Grahame Mapp	Australia	Investment
195	0.550	Cathie Reid and Stuart Giles	Australia	Helathcare
196	0.549	Andrew Abercrombie	Australia	Financial services
198	0.546	Danny Hill	Monaco	Property
199	0.545	Scott Hutchinson and family	Australia	Construction
200	0.540	Nigel Satterley	Australia	Satterley; property

Notes

• ^1 : Individual was listed on a previous year's list, that was not the 2020 Rich List. ^[20]
• ^2 : Previous years' listing was in the name of Frank Costa who died on 2 May 2021. ^[21]

See also

• Financial Review Rich List
• Forbes Asia list of Australians by net worth

References

1. Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed" . Australian Financial Review . Nine Publishing. Retrieved 31 October 2020.
2. Kruger, Colin (30 October 2020). "What crisis? Red dirt billionaires still rule the rich list". Sydney Morning Herald . Retrieved 31 October 2020.
3. Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review . Retrieved 28 May 2021.
4. Sprague, Julie-anne; Bailey, Michael (28 October 2020). "Meet the debutants storming up the Rich List" . Australian Financial Review . Nine Publishing. Retrieved 31 October 2020.
5. Jackson, Sally (23 May 2012). "The $29.17 billion woman: Gina Rinehart tops BRW's Rich List". The Australian . Retrieved 23 May 2012.
6. Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". News.com.au . Australia. Australian Associated Press . Retrieved 27 July 2011.
7. "BRW Rich 200 2011 Wealth Index". BRW. Australia. 25 May 2011. Archived from the original on 28 September 2011. Retrieved 27 July 2011.
8. Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200" . Australian Financial Review . Australia. Retrieved 7 June 2016.
9. Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News . Australia. Retrieved 7 October 2019.
10. Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Retrieved 17 July 2014.
11. Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Retrieved 8 October 2019.
12. 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.
13. Jukes, Peter (2012). The Fall of the House of Murdoch: Fourteen Days That Ended a Media Dynasty. London: Unbound. ISBN   978-1-908717-43-6.
14. "David Cameron Greensill scandal: Why is there an independent investigation?". The Telegraph. 13 April 2021. ISSN   0307-1235 . Retrieved 13 April 2021.
15. Makortoff, Kalyeena; Butler, Ben; Smith, Joseph (13 April 2021). "Greensill scandal: ex-civil servant had $8m stake in lender". The Guardian. Retrieved 13 April 2021.
16. Powell, Rob (12 April 2021). "Greensill: What is the lobbying scandal and why is David Cameron involved?". Sky News . Retrieved 13 April 2021.
17. "The Sunday Times view on the Greensill lobbying scandal: this should worry us all". Sunday Times . ISSN   0140-0460 . Retrieved 13 April 2021.
18. "Iconic builder Grocon declares insolvency and is set to go into administration". ABC News . Australia. 20 November 2020.
19. Danckert, Sarah (28 December 2020). "From invincible to fallen: How Grocon and Daniel Grollo came down to earth". The Sydney Morning Herald . Retrieved 29 December 2020.
20. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
21. Ryan, Peter; Ractliffe, Damien (2 May 2021). "Geelong mourn the death of local legend Frank Costa". The Age . Retrieved 2 May 2021.

External links

• "Financial Review Rich List". Australian Financial Review . 2021.