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Welcome to the $39bn suburb that is home to more billionaires than anywhere else in Australia. Secretive fund manager buys into Warner Music and increases the short positions of its flagship fund by 20pc. Sector: Other | Revenue: $58.9m | Last Years Ranking: 56. The worlds biggest solar farm backed by Mike Cannon-Brookes and Andrew Forrest wins major project status from the Morrison government. Royal Automobile Association of South Australia, 15. See how the race unfolded here. The Best New Entrant Award was presented to business software company CAMMS, which debuted at No. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. Formed in 1961, Beach Energy is an oil and gas exploration and production company headquartered in Adelaide. Founded in 1993, the waste services company provides recycling, soil and waste management services, and produces alternative fuels. WA premier Mark McGowan has secured donations resource companies, including Gina Rineharts Hancock Prospecting, to help pay for a new Aboriginal cultural centre in Perth. Sector: Infrastructure and transportation | Revenue: $240m | Last Years Ranking: 9. That accounts for much of the drop in his estimated wealth, though both he and cofounder Scott Farquhar should reap more than $1 billion each from a steady selldown of a small portion of their Atlassian shares over the year. That means it is exposed to a slowdown in apartment sales, which is happening as Triguboff gets increasingly frustrated with the slow pace of government approvals for his Sydney projects. Victoria comes in a close second with 71, then Queensland, 32, Western Australia, 21, South Australia, 5, Northern Territory, 2, and Tasmania and the ACT both have 1 each. Founded in 1886, Angove Family Winemakers is a 5th generation, family-owned winery that produces premium South Australian wines, mainly from the McLaren Vale region. The Dicker Data founder is one of dozens of Richest 250 members to have lost money this year. Sector: Automotive | Revenue: $163.8m | Last Years Ranking: 64. Despite the sell-off, the 2022 Rich List marks a record year for wealth creation. Bionomics is a biopharmaceutical company involved in the development of treatments for central nervous system disorders such as anxiety, depression and Alzheimers disease. English soccer a new and increasingly lucrative arm of Australian bankings millionaires factory. Australia's richest property powerbrokers revealed Clearlight Investments Pty Ltd, trading as pasta company San Remo, has a manufacturing facility in Adelaide and offices and distribution centres in all main capital cities throughout Australia and New Zealand. Knoll Consultants & Investments are a specialist food store business, primarily owning and operating Barossa Fine Foods and its brands, including The Cheesemonger, Angelakis Bros, Standom Smallgoods and Schulz Butchers. The dramatic shift from mining and property to technology to generate wealth in Australia has made Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, and Canva's Melanie Perkins and Cliff Obrecht among the country's top 10 richest people. But how he chooses to spend it is unique. 134, created crypto platform Immutable in 2018. 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. While she hasnt moved rank in the last year, she has added another $1.58 billion to her name. The total valuation of Australia's 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list . Its a record cut-off point and almost double the $342 million needed to make it only five years ago. Financial Review Rich List 2022: Gina Rinehart, Andrew Forrest, Mike 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. Institutional investors may see Blackstones Crown offer as close to the mark, but James Packer will be eyeing potential rival bids. Richest 250 | The Australian Harry Triguboff (AUD$20.81 Billion) Property giant Harry Triguboff is no stranger to rich lists. There are a record 137 billionaires in Australia, up from 111 last year. Nobles provides lifting and rigging equipment, technical services and engineering design. Nova Eye Medical develops novel glaucoma treatment technologies. Frank Lowy - $9.27 billion. Sector: Mining | Revenue: $1.7b | Last Years Ranking: 3. Please take a moment to upgrade to the latest version. The 10 richest Aussies of 2022 revealed - Yahoo! Imelda Roche, one of 19 billionaires on the 2023 Financial Review Rich Women List, was at the vanguard of getting women into the workforce. Williams deal captured plenty of attention, but he has about $20bn of other assets across a diverse range of sectors. Dominic Lorrimer. At a time when fighting climate change is more urgent than ever our region is at just 25 per cent readiness for energy transition, one of the lowest globally and second only to Latin America at 22 per cent. See the full Australias Richest 250 list, Billionaire central: The top 5 richest suburbs, Meet the 30 women who have made their mark. Help using this website - Accessibility statement, Cost is the enemy: Brett Blundys road to Best & Less, Why Tania Austin wouldnt retire, even after pocketing $50m, Clive Palmer launches $300b claim against Australia, Rich Lister property developer dead at 47, Rich Lister among Tribe Brewing creditors owed $61m, Clive Palmer: I paid $19.5m Medicare levy for no bed, Virtual Gaming Worlds launches $251m buyback, no sign of IPO, Billionaire Bruce Gordon taps pub boom with Scarborough offering, This billionaire says the key to selling products is simple, Blackmores boss says the smart shopper is on the rise, Happy Feet creator dances on to Rich List after Netflix deal, How to avoid a Rinehart-style family trust dispute, The electric-vehicle retail strategy thats proving a winner, James Packer, Lloyd Williams lead tributes to David Hains, Ellison says MinRes takeover offer for Norwest is no brainer, Resources boom is great for Rinehart (and one high-school dropout), How to lose $2.1 trillion in a year: 12 bad months for billionaires, Rinehart loses latest round in royalties fight, Rineharts Hancock Prospecting records $5.8b profit, Rinehart reaps $2.3b dividend from Roy Hill, Rineharts Atlas Iron keeps up IR attack as it delivers $225m dividend, Rinehart warns of heat or eat choices as energy costs surge, McGowan taps mining giants for $1b community fund, Back to the drawing board for Macquarie (and Chanticleer), Young Rich List wealth takes $11b hit after tech plunge, Delivering connected digital government services, Why Amazon can afford to jack up Prime prices by 40pc. Nova Group is the umbrella entity for a series of professional services firms operating in the areas of defence, aerospace, mapping, energy and utilities, software, communications and transportation. Sector: Professional services | Revenue: $185m | Last Years Ranking: 46. Sector: Engineering | Revenue: $52 million | Last Years Ranking: 84. Today we reveal the top 20 companies in InDailys South Australian Business Index our annual review of the top private and public companies in the state and the winners of the four awards categories. With at least 80 of the hotels he jointly owns shut in Victoria, Bruce Mathieson says its the worst times hes seen. Australias wealthy are involved in charity pursuits at a much earlier stage of their career than ever, with young tech elites leading the way. Perkins and Obrecht, who are married, occupy eighth place with a combined wealth of $13.8 billion. Sector: Building and construction | Revenue: $460m | Last Years Ranking: 28. The returnees include Flight Centre founder Graham Turner. The retail sector has thrown in many of the lists lucky individuals, with Mecca cosmetics owners Jo Horgan, #188, and Peter Wetenhall, #189, with a combined wealth of $674 million. Hes building a real-life tower of power - and just like the sweaty YouTube dancer who inspires him, tech billionaire Scott Farquhar just needs enthusiastic followers to join his movement. Australia's richest people have been revealed and their combined worth skyrocketed to $520 billion over 2021. OZ Minerals is a copper-focused miner based in Adelaide with South Australian copper-gold mines at Prominent Hill and Carrapateena. Melbourne property developer Michael Buxton is enjoying the fruits of his labours as he ponders how best to hand on his wealth. Advertisement Support independent JournalismDonateSubscribe News News Local Take our quiz and find out what kind of billionaire youll be when you strike it rich. With a combined net worth of $520 billion, it has been record-breaking for 250 of Australias most wealthy people, up from $470.07 billion in 2021. The fall pushes Adams below Kerry Stokes and into 12th position with a $6.9 billion paper fortune, albeit a figure more than treble a year ago, on a new understanding of how much equity he holds as Canvas chief product officer. Richest And Poorest States Of Australia - WorldAtlas Almondco Australia supplies premium quality almond products to the world. Sector: Building and construction | Revenue: $150.2m | Last Years Ranking: 87. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. Gold Trip wins, followed by Emissary and High Emocean; Not a good day for Macquaries quants or Chanticleer; polar blast and hail didnt deter the punters (and the politicians). Its a similar story for another tech team. The billionaire Fortescue chairman will pour big sums into his Minderoo Foundation after another big payday. Hi there, welcome to your account and your subscriber benefits, The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country. 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. In #4 and #5 are the co-founders of software development company Atlassian. Buddy Technologies Limited produces data aggregation, management and control platforms for the internet of things and connected devices. Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. Havilah Resources engages in the exploration of gold, base metals, and other mineral deposits in Australia. In Australia, Pratt is already working on spending $2 billion on new clean energy plants and other initiatives such as increasing the recycled content of glass bottles. He has pledged to spend that money on American recycling and clean energy infrastructure to create more than 5000 manufacturing jobs in 10 years. The total wealth on the 2022 list hit a combined $520.20 billion, a 10 per cent increase on the previous year's haul, with the average wealth sitting at $2.08 billion. Matthews Hotels is a hospitality company that owns and operates a range of hotels in Adelaide, Mount Gambier and Whyalla. Hotel baron Chris Morris says restrictions mean it isnt worthwhile to open some of the Victorias most famous pubs. You must have completed a Bachelor or higher qualification in SA that meets the South Australian study requirements The total valuation of Australias 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list. Follow updates here. Atlassian shares surged for years, but have plunged in the last 12 months along with most other tech stocks. Sector: Agriculture | Revenue: $100m | Last Years Ranking: 49. Sector: Financials | Revenue: $262m | Last Years Ranking: 24. The past years have been tough for most, but exponentially profitable for others. Richest Australians 2022. Business was different in those days, he says. Queensland billionaire Clive Palmer owns dozens of mansions on the Gold Coast and plenty of gold. The company now has a $1 billion share portfolio and large cattle and agricultural holdings. Sector: Automotive | Revenue: $219.5m | Last Years Ranking: Unranked. Other big names who had been expected to grace the pages were Cettires Dean Mintz, whose wealth has plunged from $617 million in November to $232 million in line with the falling share price for his online luxury retail group. The combined wealth of the country's 50 richest swelled to $213 billion, a hefty 70% jump from 2019 when we last published the list. *KIPT has changed its name to Kiland since this list was originally published, Sector: Infrastructure and transportation | Revenue: $60.7m | Last Years Ranking: 80. Between tech entrepreneurs, design moguls and real estate tycoons, Australia's richest young people are worth a combined total of $30 . Sector: Waste Disposal | Revenue: $245m | Last Years Ranking: 30. LH Perry & Sons is a family-owned fuel distribution company, founded in 1949. Meeting the need for economy-wide, unified and trusted public services. He inherited ownership of the family business when his late father Richard Pratt died in 2009. Please click below to help InDaily continue to uncover the facts. Most Rich Listers live in NSW (79), followed by Victoria (60) and Queensland (19). With an estimated net worth of $23.8 billion, Australian mining magnate Gina Rinehart is the wealthiest person in Australia, that's according to CEOWORLD magazine's Australia Rich List Index For 2021. The Richest And The Poorest States Of Australia. Clive Palmer makes more income than almost every other Australian billionaire. SeaLink is a tourism and transport company, operating across Australia, with more than 9000 staff and six million customers annually. McMahon Services is a privately-owned industrial, construction and environmental services provider established in 1990. The Financial Review Rich List 2022 has compiled Australia's top 10 richest people, and their influence spreads far and wide. This is also known as Online Behavioural Advertising. Melanie Perkins, 34, and Cliff Obrecht 36, have a combined net worth of $15.89 billion. Woolworths reports 8pc increase in sales. It was formed in 2008 by the merger of two Australian non-ferrous metals mining businesses Oxiana and Zinifex. Hillgrove Resources Limited is an Australian mining and resources company primarily focused on the development of the Kanmantoo Copper mine. Wallbridge Gilbert Aztec is an engineering and project management firm offering consulting services, including structural, civil, maritime, mechanical, geotechnical, heavy lifting, temporary works, project management, electrical and pressure vessels. Sector: Building and construction | Revenue: $74.5m | Last Years Ranking: 68. In #8 and #9 husband-and-wife Canva co-founders slide into the top 10 with a company valued at more than $55 billion. If Bevan Slatterys has big plans: to pull off what will be the largest private digital infrastructure project in Australias history. The tech sector also delivers the list its youngest-ever member in 25-year-old Robert Ferguson who, alongside his 30-year-old brother James at No. Sector: Civil construction/mining | Revenue: Undisclosed | Last Years Ranking: 42. Established in 1984 when Fred Shahin purchased a small BP service station in Woodville Park, Peregrine is now the largest private company in SA with revenues approaching $3 billion in 2020-21. But NSWs most wealthy people still have plenty of cash to play with. He is also responsible for the Financial Review's Rich Lists. Maughan Theim Automotive is an automotive motor vehicle company which runs a variety of dealerships in South Australia.

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