Australia’s Real Time Billionaire List: Richest 50 People Ranked

#1Global #101

▼ Bio$25.7B——Mining72
Australia’s richest citizen, Gina Rinehart, draws her wealth from iron ore.The daughter of iron ore explorer Lang Hancock, Rinehart rebuilt her late father’s financially distressed company, Hancock Prospecting, becoming executive chairwoman in 1992.Hancock’s biggest asset is the Roy Hill mining project, which started shipments to Asia in 2015.Rinehart has made significant investments into rare earth minerals and the gas sector. She’s also Australia’s second-largest cattle producer.In May 2024, Hancock Prospecting and SQM completed the $1.1 billion acquisition of lithium outfit Azure Minerals in western Australia.

#2Global #113

▼ Bio$23.6B——Real estate93
Harry Triguboff is one of Australia’s richest people. Born in Dalian, China, to Russian parents, he came to Australia as a teenager.His apartment-tower development company, Meriton, has a strong presence in Sydney, while it also has an imprint in southeast Queensland.He was one of Australia’s first developers to see the potential of apartment living when most of his countrymen aspired to single-family homes.Nicknamed ‘High Rise Harry,’ he has put up more than 79,000 apartments.

#3Global #130

▼ Bio$21.1B——Mining64
Andrew Forrest founded Fortescue Metals Group in 2003, now transforming into a green energy powerhouse.In 2022, his privately held Squadron Energy paid an estimated A$4 billion for Australia’s biggest wind energy company, CWP Renewables.Forrest and his wife Nicola founded Minderoo Foundation, a philanthropic outfit with an A$9.6 billion endowment.Forrest and Nicola announced their separation in July 2023 after being married for more than three decades.

#4Global #320

▼ Bio$10.4B——Manufacturing66
Anthony Pratt is the executive chairman of Visy Asia-Pacific, a packaging and recycling business founded by his grandfather in 1948.He also owns Atlanta-based Pratt Industries, the biggest U.S. manufacturer of corrugated cardboard.His sisters Heloise Pratt and Fiona Geminder also hold stakes in Visy and are fellow billionaires.Pratt donated over $10 million to President Donald Trump’s 2024 campaign.

#5Global #399

▼ Bio$8.9B——Software46
Mike Cannon-Brookes is cofounder and CEO of collaboration software firm Atlassian, based in Sydney.He and cofounder Scott Farquhar started the company soon after graduating from college, funding it with credit cards.In 2023, he took over Sydney-based renewable energy outfit Sun Cable after a falling out with fellow billionaire Andrew Forrest.He acquired a minority stake in Australian energy company AGL Energy in 2022.In 2023, he separated from Annie, his wife of 13 years.

#6Global #409

▼ Bio$8.7B——Investments95
Frank Lowy sold his Westfield Corp. to Unibail-Rodamco in 2018 in a $16 billion deal — Australia’s largest takeover at the time.A Holocaust survivor, Lowy opened his first shopping center in Sydney in 1959, launching what became one of the world’s largest mall businesses.Today the Lowys’ main business is running their family investment house, Lowy Family Group, with offices in New York, Los Angeles and Sydney.

#7Global #421

▼ Bio$8.5B——Software46
Scott Farquhar is cofounder of collaboration software company Atlassian, based in Sydney.He and CEO Mike Cannon-Brookes started the company soon after graduating from college, funding it with credit cards.He stepped down as co-CEO in September 2024 to spend more time with his family. He continues as a board member and advisor.

#8Global #483

▼ Bio$7.8B——Auto parts69
Vivek Chaand Sehgal is the chairman of the $23 billion (revenue) Motherson Group, established with his mother in 1975.His wealth comes chiefly from autoparts flagship Samvardhana Motherson International.The group’s clients include BMW, Ford, Mercedes, Toyota and Volkswagen.

#9Global #510

▼ Bio$7.6B——Software40
Cliff Obrecht is cofounder and COO of design software maker Canva, valued at $42 billion in August 2025.Canva was launched in 2013 by Obrecht, now-wife Melanie Perkins and Cameron Adams in Sydney.The couple has pledged to transfer more than 80% of their stake to the Canva Foundation for charitable causes.Canva has attracted 240 million monthly users to its freemium software.

#9Global #510

▼ Bio$7.6B——Software38
Melanie Perkins is cofounder and CEO of design software maker Canva, valued at $42 billion in August 2025.Canva has attracted 240 million monthly users to its freemium software, with 6 million teams from companies like Zoom paying for it.Perkins and husband Cliff Obrecht have pledged to transfer more than 80% of their stake to the Canva Foundation.

#11Global #533

▼ Bio$7.3B——Construction equipment, media85
Kerry Stokes built his fortune through SGH (Seven Group Holdings), which has media, construction and mining assets.He started his career selling Caterpillar tractors before moving into media with Seven Group.In 2024, SGH acquired ASX-listed concrete and asphalt maker Boral for A$4.4 billion.His son Ryan Stokes is the CEO and managing director of SGH.

#12Global #700

$5.9B——Pharmacies68

#13Global #921

$4.6B——Shopping malls91

#14Global #972

$4.4B——Mining82

#15Global #1,053

$4.1B——Mining72

#16Global #1,118

$3.9B——Software71

#17Global #1,137

$3.8B——Pharmaceuticals59

#18Global #1,140

$3.8B——Software46

#19Global #1,153

$3.7B——Investments58

#20Global #1,162

$3.7B——Pharmacies80

#21Global #1,251

$3.5B——Pharmacies76

#22Global #1,292

$3.3B——Retail86

#23Global #1,431

$3B——Logistics, real estate88

#24Global #1,538$2.8B——Technology70

#25Global #1,566

$2.7B——Investment72

#26Global #1,568$2.7B——Technology71

#27Global #1,589

$2.6B——Fast food83

#28Global #1,622$2.6B——Mining83

#29Global #1,687

$2.5B——Retail, agribusiness66

#30Global #1,792

$2.3B——Real estate81

#31Global #1,874

$2.2B——Online casino30

#32Global #1,911$2.2B——Mining52

#33Global #1,950

$2.2B——Manufacturing61

#34Global #1,984$2.1B——Mining55

#35Global #1,987$2.1B——Retail81

#36Global #1,997

$2.1B——Data centers46

#37Global #2,083

$2B——Financial services76

#38Global #2,096

$2B——Real estate80

#39Global #2,109

$2B——Mining50

#40Global #2,131

$2B——Mining39

#41Global #2,149

$2B——Mining49

#41Global #2,149$2B——Mining40

#43Global #2,187

$1.9B——Telecom70

#44Global #2,362

$1.7B——Investments60

#45Global #2,496$1.6B——Retailing79

#45Global #2,496$1.6B——Retailing85

#45Global #2,496$1.6B——Retailing88

#48Global #2,683$1.5B——Mining73

#49Global #2,724

$1.4B——Mining68

#50Global #2,852

$1.3B——Manufacturing, investment63

#51Global #2,980

$1.3B——Retail55

#52Global #3,075

$1.2B——Toys70

#53Global #3,114

$1.2B——Real estate65

#54Global #3,145$1.2B——Gaming50

#55Global #3,326$1B——Entertainment70