The wealthy can be highly secretive. Despite the sell-off, the 2022 Rich List marks a record year for wealth creation. Yasser Shahin and Dr Sam Shahin. This years edition of The List - Australias Richest 250 will show how mining and technology are now the countrys two most successful sectors. Camms offer business software with integrated solutions for projects and strategy to help clients manage risk and optimise organisations. Financial Review Rich List 2021 - Wikipedia SA's top 100 companies: the full list - InDaily Sector: Automotive | Revenue: $163.8m | Last Years Ranking: 64. With a head office in Adelaide, the company recently added Hahndorf Resort and McCracken Country Club to their SA portfolio. At #1 Gina Rinehart tops the list with a massive $32.64 billion wealth. Richest And Poorest States Of Australia - WorldAtlas Sector: Other | Revenue: $58.9m | Last Years Ranking: 56. Young Rich List 2022 total wealth drops by $11b after tech entrepreneur Atlassian co-founder Mike Cannon-Brookes is worth $26.20 billion. Image: The Australian. Havilah Resources engages in the exploration of gold, base metals, and other mineral deposits in Australia. Tech storms into top 10 rich list as Canva and Atlassian founders Sector: Resources | Revenue: $29.8m | Last Years Ranking: 41. The worlds richest people lost $2.1 trillion between them last year. English soccer a new and increasingly lucrative arm of Australian bankings millionaires factory. The more established players built wealth this year. Controversial figures top Australia's rich list for 2022 - 7NEWS Andromeda Metals has been added at No.26 and NSW-based Ansarada Group (previously No. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. LH Perry & Sons is a family-owned fuel distribution company, founded in 1949. Sector: Energy | Revenue: $5.1b | Last Years Ranking: 1. 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. Australias youngest business leaders are making big money from cryptocurrency gambling, non-fungible-tokens, power tools and selling mortgages. Sector: Information technology and equipment | Revenue: $24.5m | Last Years Ranking: 90. Sector: Agriculture | Revenue: Undisclosed | Last Years Ranking: 33. The company now has a $1 billion share portfolio and large cattle and agricultural holdings. 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. A select group of Australian billionaires had a very good pandemic indeed. Queensland retail couple Tah-nee and Simon Beard fail to make the list after taking equity in US-listed AKA Brands as part of the second tranche of their sale of Culture Kings. 16 in 2021. Nova Eye Medical develops novel glaucoma treatment technologies. Sector: Food and beverage | Revenue: $52.8m | Last Years Ranking: Unranked. Independent Pub Group Holdings operates licensed hotels and retail liquor outlets in South Australia. Alcidion Group Limited is a health informatics company providing clinicians with decision support tools. Melanie Perkins, 34, and Cliff Obrecht 36, have a combined net worth of $15.89 billion. Woods Bagot is a global architecture, design and consultancy firm, based in Adelaide. Welcome to the $39bn suburb that is home to more billionaires than anywhere else in Australia. This list has been updated following the correction of an error made during data compilation. Gina Rineharts Hancock Prospecting has outlined growth plans in energy, agriculture and so-called green minerals after posting a $5.8 billion profit driven by iron ore mining. Kilbirnie Investments has a series of automotive dealerships and horticulture assets, predominantly in South Australia and Victoria. Top 10 richest Australians under 40 revealed. With mining and technology industries boosting these loaded individuals to the top, some of these wealthy names wont come as a surprise. Provisional subclass 491 visa. Arrowcrest is the parent company of automotive and farming machinery companies ROH Wheels, John Shearer, Unicast, Tristar, NonFerral, Kockums Industries and Brownbuilt. 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. 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. Tech unicorn Laurence Escalante, who got his first job at Hungry Jacks, is now a billionaire at just 39 thanks to the stunning success of his online game business. 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. Sector: Information technology | Revenue: $19.5m | Last Years Ranking: Unranked. Follow updates here. 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.. Meet the 250 mining magnates, property kings, retail queens, manufacturing giants and technology titans in the countrys most extensive annual survey of wealth. The RAA, established in 1903 to serve the motoring-related needs of South Australians, provides insurance, security, travel, finance, motoring and road safety products and services. Harry Triguboff (AUD$20.81 Billion) Property giant Harry Triguboff is no stranger to rich lists. The Illawarra offering comes amid a boom in pub transactions across the country, an asset class which has surged in popularity as the nation emerged from two years of rolling pandemic lockdowns. The Australian doesn't play nicely with your current browser. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. Love them, hate them, or envy them, Australias richest people have been announced for 2022 by The Australians The List. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. America still leads the world, with 735 billionaires worth a collective $4.7 trillion, including Elon Musk, who tops the World's Billionaires list for the first time. The Rising Star Award is presented to Core Lithium, which jumped a huge 70 places from 86 last year to No. He collects hundreds of millions in royalties from CITIC annually, a situation that has often been the subject of legal action. Established in 1996, RJE provides multi-disciplinary engineering and construction services to complex projects across a range of industries. ASX to slip; Vanessa Hudson to lead Qantas, Top philanthropists say Yes with $17m to support Voice campaign, The high-stakes gamble at the heart of the Voice, How to barbecue pork chops like this smoking-hot new restaurant, The CEO of this $1b company sold everything from make-up to chicken, Why investors want more control over companies climate plans, How does this CEO do it all? At #7 Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. The billionaire still has more than $3bn of property assets after converting a sheep paddock into a huge office precinct. An elite clutch of start-up founders is getting richer more quickly than ever, adding $30bn since March as wealth shifts from old industries to new sectors. At the time, his wealth was estimated at $879 million thanks to the value of tokens underpinning his Synthetix derivatives trading protocol. She makes choices, The artisans turning Australian flora into luxe textiles, Why this CEO would like to play golf with Richard Branson, Its been like a dream: Dancer returns to the stage after two decades, Winners emerge from building sector collapses. 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. Jonathan Hallinan, the developer behind Melbournes distinctive Shadow Play skyscraper, has died at 47 after a battle with cancer. 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. To qualify for this years list, you needed at least $629 million. The Melbourne apartments developer says the top end of the market is holding up, but policies need to change or construction jobs will be lost. By continuing to use our site you are agreeing to our, 81. A fully customer-owned bank, bringing together a number financial organisations that provide banking services, community investments, grants and sponsorships. Sector: Building and construction | Revenue: $460m | Last Years Ranking: 28. Debutantes on The List are tech gurus, healthcare experts and some veterans of business whove made big money during the pandemic. That should stand them in good stead, and their valuation is only falling in line with other tech firms. There are13 debutantes on the 2022 Rich List, helping drive the total wealth of Australia's top 200 past half a trillion dollars to $555 billion, up from $480 billion in 2021, making the past year a record period for wealth creation. Pratt owns Pratt Industries in the US and shares ownership of Visy in Australia with sisters Fiona Geminder and Heloise Pratt. The 200 richest people in Australia revealed Australia's billionaires have thrived during the pandemic year - and some on this year's Rich List have reaped even bigger rewards from a. Richest 250 | The Australian Leigh Creek Energy Limited is developing a coal gasification project, the Leigh Creek Energy Project, located 550km north of Adelaide. 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. 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. Silk began with one clinic in South Australia offering a range of cosmetic services, and now has locations across the country. Companies owned in part or whole by government, government agencies and organisations, and registered charities are not eligible. Theres work to do for this 97-year-old who heads into the office each weekday. The Manly offering is part of family succession planning and follows Robert Magids sale of the Harbour Rocks Hotel in Sydney and the Hotel Lindrum in Melbourne. The Richest People In South Australia, AU Below are the richest people in South Australia, AU. Royal Automobile Association of South Australia, 15. The overall wealth of the 10 richest people represents 40 per cent of the record $554.9 billion held by this years Rich Listers. Peoples Choice is one of Australias largest credit unions with members and branches across Australia. Hancock was started by Rineharts late father Lang Hancock in 1955, though its main asset then was an iron ore royalty stream. McMahon Services is a privately-owned industrial, construction and environmental services provider established in 1990. 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. Its a record cut-off point and almost double the $342 million needed to make it only five years ago. Other retail giants include Tania Austin who owns Decjuba fashion brand with $640 million, and Simon and Tahnee Beards Culture Kings with a combined value of $503 million. Travel is back and so is the Flight Centre share price which, combined with the Spicers Retreats business owned with wife Judy, lifts the couples wealth to $629 million as they sneak into 200th place after a two-year hiatus. But its not a complete tech wreck. He is also responsible for the Financial Review's Rich Lists. Andrew Forrest - $31.77 billion (up from $29.61 billion) 4 / 10 3. Melbourne property developer Michael Buxton is enjoying the fruits of his labours as he ponders how best to hand on his wealth. The Fortescue billionaire chairman is richer than ever, but several other miners have also made big fortunes since March. Sector: Energy | Revenue: Undisclosed | Last Years Ranking: Unranked. Sector: Automotive | Revenue: Undisclosed | Last Years Ranking: 16. The Hungry Jacks founder is unfazed by US burger chain Wendys foray into Australia he saw exactly what happened the last time it tried to expand Down Under. See the full list of the 250 candidates at The Australian 's official listing here. The Financial Review Rich List wealth soars past half a trillion Most Rich Listers live in NSW (79), followed by Victoria (60) and Queensland (19). Sector: Agriculture | Revenue: undisclosed | Last Years Ranking: 29. 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. 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. But they dont hold back when they are asked about their tips for staying fit. Developer Lang Walker has taken the challenges of the pandemic in his stride and is banking on a big return to the office with his latest Sydney project. A new Polestar outlet in a Melbourne shopping centre generated the most foot traffic among the groups similar 100-plus outlets around the world in January. 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. Forget fast cars, super yachts or luxury houses. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 65. Sector: Infrastructure and transportation | Revenue: $1.1b | Last Years Ranking: 12. Renascor Resources explore, develop and evaluate mineral properties in Australia. Aerometrex provides high-resolution spacial data products and services using aerial mapping technology. It has been another big year for Rinehart, who maintains her number-one position on the Richest 250. The total wealth held by the nation's richest 100 self-made entrepreneurs aged 40 or under has plunged 27 per cent . 2 of 11 Attribution: Yadid Levy. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. Australian Vintage Limited is a leading Australian wine company with a fully-integrated wine business model including vineyards, boutique and bulk wine production, packaging, marketing and distribution. 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. Billionaire investor Alex Waislitz has up to six unlisted companies in his portfolio that he believes are headed to public markets. The Australian losers included Melanie Perkins and Mike Cannon-Brookes Jan 2, 2023 Devon Pendleton December 2022 Federal election Ten top AFR Magazine reads in 2022 This year, writers went. S&P 500 dips. But they were paid $2.7 billion in Block equity and, as such, about $1 billion has been wiped from their wealth, which falls more than 40 per cent to $1.52 billion each this year. Outside Ideas is a large-scale landscaping works, civil construction, structural concreting, and maintenance provider. Sector: Building and Construction | Revenue: $100 million | Last Years Ranking: Unranked. Sector: Retail | Revenue: $96m | Last Years Ranking: Unranked. Pubs may be going through changing times but veteran hotel mogul Arthur Laundy reckons they still make up the fabric of Australia. Dennis Bastas points to his engineering brain and an appetite for discomfort to explain his extraordinary deal-making success. The Standout Large Employer Award was won by Peregrine Corporation, the operator of the states network of On the Run service stations. Rich list 2021: Gina Rinehart, Andrew Forrest among Australia's top 200 Its primary target is the Great White Kaolin project located near Poochera on the Eyre Peninsula, Sector: Building and construction | Revenue: $520m | Last Years Ranking: 25. Sector: Waste Disposal | Revenue: $245m | Last Years Ranking: 30. 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. Sector: Financial technology | Revenue: Undisclosed | Last Years Ranking: unranked. 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. You can. In #8 and #9 husband-and-wife Canva co-founders slide into the top 10 with a company valued at more than $55 billion. Fyfe is a land, resource and infrastructure development consultancy specialising in engineering, environmental, planning and surveying services for a variety of industries. 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. Established in 1946, Argo is South Australias leading listed investment company. Known . The CEOWORLD magazine Rich List, published today, revealed 45 of Australia's wealthiest people . Champion footballer Chris Judd now considers himself a full-time investor, putting his money into dozens of small ASX-listed stocks. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 27, Andromeda explores for halloysite, gold and copper deposits. Sector: Financial | Revenue: $187m | Last Years Ranking: 2. Sector: Health Care | Revenue: $25.8m | Last Years Ranking: 47. The companys massive rise comes on the back of the approval of its Finniss lithium mine and processing plant in the Northern Territory after signing a contract with a key supplier to electric carmaker Tesla.