Richest People in Australia – Top 10 Australian Billionaire List 2014
Who are the richest people in Australia in 2014? Or who is the richest man in Australia? Which is the wealthiest family? For these types of questions, we present the top ten richest persons in the country as well as the continent of Australia. We wanted to present the top 100 individuals, but that would have made the list too large and unreadable. Hence, we zeroed in on the top 10 list.
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#1) Georgina Rinehart – Richest Woman in Australia
With her fortune more than double of Ivan Glasenberg, Georgina Rinehart aka Gina Rinehart is the richest person in Australia. She is the Executive Chairman of Hancock Prospecting which is a privately owned mining firm. She is one of the richest women in the world. She is the only woman to be listed in this article of top 10 wealthiest Australians. Rest of all in our list are men. Her fortune is more than most of the men on Forbes Billionaire List.
Gina Rinehart Net Worth: $17.7 Billion
Born to father Lang Hancock and mother Hope Margaret Nicholas in Perth, this richest lady inherited all of her father’s wealth as she is the only child. She was in news for firing her three of four children from a family trust. Her youngest daughter Ginia is on her side after legal battles among the family members. According to Forbes Magazine, she ranks #35 in the list of most powerful women in the world and ranks #36 on the list of richest people in the world. (ref)
#2) Anthony Pratt – Richest Man in Australia
Anthony Pratt Net Worth: $7 Billion
Employing more than 4000 people through Pratt Industries, Mr. Anthony Pratt is one of the Australia’s richest people. He is the owner of Pratt Industries, which is a privately-held company. His company is involved in paper and packaging business. An alumnus of Monash University, Melbourne, he once worked with McKinsey & Co and Visy.
#3) James Packer – Third in List of Richest People in Australia
James Packer Net Worth: $6.6 Billion
Born into a family involved in business spanning generations, James Packer runs one of the biggest casinos throughout Australia. He was born to father Kerry Packer and mother Roslyn. His father was famous for etching his name in history of cricket when he commercialized the game of Cricket and introduce ODI’s. He discontinued his family tradition of business in the media when he diverted investments in casinos. His father, grandfather and great-grandfather were all involved primarily in the media business by owning several newspapers and television networks. James Packer is the Executive Chairman of Crown Limited which is a firm involved in business of casinos. He owns two of the biggest gaming and entertainment complexes in Australia. They are Crown Casino and Entertainment Complex and Crown Perth. (ref)
#4) Ivan Glasenberg
Ivan Glasenberg Net Worth: $6.3 Billion
Ranking first among the billionaires men in Australia, Ivan Glasenberg is the second wealthiest Australian and a self-made billionaire. (Ref) His wealth is mainly because of his stock holdings in Glencore International. Glencore International is a company which produces and markets different types of commodities like metals, minerals, energy and agricultural products, according to its website. Ivan Glasenberg holds around 15.5 percents stocks of this company and is the Chief Executive Officer (CEO). (Ref) Glencore was started by Marc Rich, who was granted pardon by the Bill Clinton administration. Being a majority share-shareholder, Mr. Glasenberg is also one of the wealthiest persons on planet Earth.
#5) Andrew Forrest – One of the Australian Billionaires
Andrew Forrest Net Worth: $5 Billion
Born in Perth, Andrew Forrest is a mining billionaire from Australia and fourth wealthiest person in his homeland. He derives his wealth from Fortescue Metals Group in which he holds major stocks. This makes him one of the richest people in Australia. Starting his career as a stockbroker, he has donated millions for fighting poverty among the poor aborigines.
#6) Frank Lowy
Frank Lowy Net Worth: $4.6 Billion
A self-made richest person, Frank Lowy is involved with the Westfield Group, which runs several malls throughout the world. According to the group’s websites, they run 104 quality shopping center spread over Australia, Brazil, United States and United Kingdom. (Ref) Frank Lowy earns major part of his wealth from this group.
#7) Harry Triguboff – Real Estate Billionaire
Harry Triguboff Net Worth: $4.3 Billion
By purchasing pieces of lands and developing apartments on it and then selling it, Harry Triguboff has made enough fortune to make him an Australian billionaire. He is one of the wealthiest people from Australia. He is the largest property developer. He is the founder of the Meriton Group of Companies. He has also become a member of the Order of Australia for his services in building and constructions and philanthropy. According to Meriton Group’s website, if you are living in Sydney then you can’t miss their apartment. Thousands of apartments are built and sold by this group. (ref)
#8) John Gandel
John Gandel Net Worth: $3.2 Billion
Born to Polish-immigrants, John Gandel has a net worth because of his shopping mall business. He ran a clothing chain called Sussan. He is fond of collecting Japanese Art. He donates actively in philanthropic activities.
#9) Paul Ramsay
Paul Ramsay Net Worth: $3 Billion
One of the wealthiest men from Sydney, Paul Ramsay founded Ramsay Health Care. His firm manages more than 100 hospitals in Australia as well as across Europe. He first started with a private psychiatric hospital and then wen on to make money by starting more hospitals.
#10) Kerr Nielson
Kerr Nielson Net Worth: $2.9 Billion
Founder of Platinum Asset Management, Kerr Nielson is often called the Warren Buffet of Australia. He is a keen investor and incorporated his company back in 1990’s. He earns money from his equity-firm. It is involved in purchasing cheap stocks which perform and return good dividends over time.