#1Global #101
Gina Rinehart
▼ Bio$25.5B——Mining72

Gina Rinehart
$25.5BNet Worth
#1AU Rank
#101Global Rank
MiningIndustry
72Age
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.▲ Collapse
#2Global #111

Harry Triguboff
▼ Bio$23.4B——Real estate93

Harry Triguboff
$23.4BNet Worth
#2AU Rank
#111Global Rank
Real estateIndustry
93Age
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.▲ Collapse
#3Global #139

Andrew Forrest & family
▼ Bio$19.8B-$311.1M-$311.1M-1.55%Mining64

Andrew Forrest & family
$19.8BNet Worth
#3AU Rank
#139Global Rank
MiningIndustry
64Age
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.▲ Collapse
#4Global #332

Anthony Pratt
▼ Bio$10.2B——Manufacturing66

Anthony Pratt
$10.2BNet Worth
#4AU Rank
#332Global Rank
ManufacturingIndustry
66Age
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.▲ Collapse
#6Global #422

Mike Cannon-Brookes
▼ Bio$8.5B-$94.8M-$94.8M-1.11%Software46

Mike Cannon-Brookes
$8.5BNet Worth
#6AU Rank
#422Global Rank
SoftwareIndustry
46Age
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.▲ Collapse
#7Global #454

Scott Farquhar
▼ Bio$8.1B-$96.3M-$96.3M-1.17%Software46

Scott Farquhar
$8.1BNet Worth
#7AU Rank
#454Global Rank
SoftwareIndustry
46Age
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.▲ Collapse
#5Global #409

Frank Lowy
▼ Bio$8.8B——Investments95

Frank Lowy
$8.8BNet Worth
#5AU Rank
#409Global Rank
InvestmentsIndustry
95Age
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.▲ Collapse
#8Global #501

Vivek Chaand Sehgal
▼ Bio$7.6B-$41.3M-$41.3M-0.54%Auto parts69

Vivek Chaand Sehgal
$7.6BNet Worth
#8AU Rank
#501Global Rank
Auto partsIndustry
69Age
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.▲ Collapse
#9Global #510

Cliff Obrecht
▼ Bio$7.6B——Software40

Cliff Obrecht
$7.6BNet Worth
#9AU Rank
#510Global Rank
SoftwareIndustry
40Age
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.▲ Collapse
#9Global #510

Melanie Perkins
▼ Bio$7.6B——Software38

Melanie Perkins
$7.6BNet Worth
#9AU Rank
#510Global Rank
SoftwareIndustry
38Age
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.▲ Collapse
#11Global #532

Kerry Stokes
▼ Bio$7.4B+$36.3M+$36.3M+0.49%Construction equipment, media85

Kerry Stokes
$7.4BNet Worth
#11AU Rank
#532Global Rank
Construction equipment, mediaIndustry
85Age
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.▲ Collapse
#12Global #699

Mario Verrocchi
▼ Bio$5.9B+$17.7M+$17.7M+0.30%Pharmacies68

Mario Verrocchi
$5.9BNet Worth
#12AU Rank
#699Global Rank
PharmaciesIndustry
68Age
Mario Verrocchi opened the first Chemist Warehouse pharmacy store with brothers Jack Gance and Sam Gance in 2000.Today it has over 600 outlets across Australia, New Zealand, China, Dubai and Ireland.Chemist Warehouse dropped its IPO plan in favour of a merger with ASX-listed Sigma Healthcare, which was completed in February 2025.Verrocchi bought a A$40 million historic seaside mansion in 2020.▲ Collapse
#13Global #927

John Gandel
▼ Bio$4.6B-$8.3M-$8.3M-0.18%Shopping malls91

John Gandel
$4.6BNet Worth
#13AU Rank
#927Global Rank
Shopping mallsIndustry
91Age
John Gandel owns half of the southern hemisphere’s largest shopping mall, Chadstone, with more than 500 stores in eastern Melbourne.He also has a big stake in listed property trust Vicinity Centres, which owns the other half of Chadstone, plus other malls and outlets.He first got rich by expanding his Polish immigrant parents’ clothing chain for women, Sussan, now owned by his niece, Naomi Milgrom.He made most of his wealth from the shopping malls he bought from Myer department stores for $37 million in the 1980s.Gandel owns Point Leo Estate in the state of Victoria, which has a 50-acre vineyard and a sculpture park with 60 works.▲ Collapse
#14Global #959

Angela Bennett
▼ Bio$4.4B——Mining82

Angela Bennett
$4.4BNet Worth
#14AU Rank
#959Global Rank
MiningIndustry
82Age
Angela Bennett’s wellspring of wealth is her share of a royalty paid by mining giant Rio Tinto on every ton of iron ore it mines in Western Australia.The royalty was negotiated by her father, Peter Wright, and his partner, Lang Hancock, father of fellow Australian billionaire Gina Rinehart.Bennett holds a major stake in Wright Prospecting, which is in litigation with Rinehart’s Hancock Prospecting over various iron-ore properties.In December 2025 she sold a 15% stake in the Rhodes Ridge iron ore project in western Australia to Japanese giant Mitsui & Co in a $2 billion deal.Bennett’s son Todd Bennett is the executive director of her private investment company AMB Holdings.▲ Collapse
#15Global #1,023

Richard White
▼ Bio$4.1B-$26M-$26M-0.63%Software71

Richard White
$4.1BNet Worth
#15AU Rank
#1,023Global Rank
SoftwareIndustry
71Age
Richard White founded software company WiseTech Global in 1994 to help logistics companies manage goods and information across supply chains.Since the company went public in 2016, WiseTech has been recording strong growth in revenue over the years, in part buoyed by acquisitions worldwide.Touted as Australia’s next Atlassian, Sydney-based WiseTech has more than 17,000 customers in 193 countries.Its cloud-based logistics platform, CargoWise One, can automate dozens of steps.In late 2024, White resigned from WiseTech, after 30 years as CEO, following reports of personal scandals. But from February 2025, he has assumed the title of executive chair and chief innovation officer, a role with an initial ten-year tenure.▲ Collapse
#16Global #1,049

Clive Palmer
▼ Bio$4B——Mining72

Clive Palmer
$4BNet Worth
#16AU Rank
#1,049Global Rank
MiningIndustry
72Age
The ebullient resources player and former member of the Australian Parliament, Clive Palmer became a billionaire in 2019.His fortune soared after a court ordered a flow of iron ore royalties to his company, Mineralogy, to resume.He started Mineralogy in 1984 and has built a portfolio of iron ore, thermal coal and hydrocarbon assets.He also owned Queensland Nickel, which operated a nickel-and-cobalt refinery, but the company collapsed in 2016.Palmer is engaged in litigation with several parties, including Australia’s corporate regulator, the Australian Securities and Investments Commission.▲ Collapse
#18Global #1,126

Dennis Bastas
▼ Bio$3.8B——Pharmaceuticals59

Dennis Bastas
$3.8BNet Worth
#18AU Rank
#1,126Global Rank
PharmaceuticalsIndustry
59Age
Dennis Bastas is chairman and group CEO of Australia-based diversified health and beauty company DBG Health.Bastas was born to Greek parents who migrated to Melbourne in 1960s.He began his career in logistics at retailing giant Coles Myer. In the early 2000s he founded Genepharm Australasia, which he later sold to Watson in 2012 for $252 million.In 2023, Bastas’ DBG Health acquired three companies including Arrotex Pharmaceuticals, the country’s largest pharmaceutical company by market share, for $671 million.In 2025, Bastas sold a stake in DBG Global Enterprises, the holding company of DBG Health, to global merchant bank BDT & MSD Partners for $1 billion, valuing the company at more than $4.7 billion.▲ Collapse
#17Global #1,122

Cameron Adams
▼ Bio$3.8B——Software46

Cameron Adams
$3.8BNet Worth
#17AU Rank
#1,122Global Rank
SoftwareIndustry
46Age
Cameron Adams is cofounder and chief product officer of design software maker Canva, which was valued by private investors at $42 billion in August 2025.An ex-Googler who had founded his own startup in Sydney, Adams was recruited by Melanie Perkins and Cliff Obrecht to be an advisor for Canva.Instead, Adams signed on as the startup’s third cofounder in June 2012. He leads technical development for the company.Canva’s software enables the creation of visuals for things like menus, resumes and Instagram graphics.▲ Collapse
#19Global #1,140

James Packer
▼ Bio$3.7B——Investments58

James Packer
$3.7BNet Worth
#19AU Rank
#1,140Global Rank
InvestmentsIndustry
58Age
James Packer was the largest shareholder of Crown Resorts, which owns casinos in Australia and London. He took over the empire of his late father, Kerry.Packer stepped down from Crown Resorts’ board in March 2018. Four months later, he resigned from the board of his family company, Consolidated Press.Packer’s board exits were reportedly due to mental health issues, following a tough year when Crown exited its Macau and U.S. gambling investments.Packer settled with his older sister Gretel in 2015, agreeing to a division of assets 10 years after their late father’s death.Packer has teamed up with American actor Robert De Niro to build a $500 million resort in Barbuda, aiming to open in early 2026.▲ Collapse
#20Global #1,158

Jack Gance
▼ Bio$3.7B+$10.2M+$10.2M+0.28%Pharmacies80

Jack Gance
$3.7BNet Worth
#20AU Rank
#1,158Global Rank
PharmaciesIndustry
80Age
Jack Gance started the Chemist Warehouse pharmacy chain with Mario Verrocchi in 1995 with five pharmacies.Today it has annual revenue of A$3.3 billion and over 600 outlets across Australia, China, Dubai, Ireland and New Zealand.Chemist Warehouse dropped its IPO plan opting for a merger with ASX-listed Sigma Healthcare, which was completed in February 2025.Gance started his first pharmacy business in 1972 with his younger brother Sam Gance.▲ Collapse
#21Global #1,250

Sam Gance
▼ Bio$3.4B+$10.3M+$10.3M+0.30%Pharmacies76

Sam Gance
$3.4BNet Worth
#21AU Rank
#1,250Global Rank
PharmaciesIndustry
76Age
Sam Gance started his first pharmacy in 1972 with his brother Jack Gance.He went on to acquire a stake in the Chemist Warehouse pharmacy chain that Jack cofounded with Mario Verrocchi in 1995 with five pharmacies.Today Chemist Warehouse has annual revenue of A$3.3 billion and over 600 outlets across Australia, China, Dubai, Ireland and New Zealand.Chemist Warehouse dropped its plan for an IPO opting for a merger with ASX-listed Sigma Healthcare, which was completed in February 2025.▲ Collapse
#23Global #1,304

Gerry Harvey
▼ Bio$3.3B+$13.3M+$13.3M+0.41%Retail86

Gerry Harvey
$3.3BNet Worth
#23AU Rank
#1,304Global Rank
RetailIndustry
86Age
Gerry Harvey is cofounder and executive chairman of furniture and electrical goods chain Harvey Norman.He also controls a property portfolio and owns the Magic Millions racehorse auction market.He describes his wife Katie Page, who runs Harvey Norman, as “the mastermind” of the operation.Harvey Norman has more than 100 company operated stores overseas, in countries like New Zealand, Singapore, Malaysia, Slovenia and the UK.▲ Collapse
#22Global #1,290▼ Bio$3.3B+$110.5M+$110.5M+3.46%Technology70
AH
Anthony Hall
$3.3BNet Worth
#22AU Rank
#1,290Global Rank
TechnologyIndustry
70Age
Anthony Hall cofounded medical imaging firm Pro Medicus in 1983 with Sam Hupert.He is the architect of the company’s core software system and serves as its technical director.Hall is currently working on the next generation of radiology information systems technology.He owns a controlling stake in aquaculture business Yumbah Aquaculture and a minority stake in Clean Seas Seafood.▲ Collapse
#25Global #1,430

Lindsay Fox
▼ Bio$2.9B+$0.4M+$0.4M+0.01%Logistics, real estate88

Lindsay Fox
$2.9BNet Worth
#25AU Rank
#1,430Global Rank
Logistics, real estateIndustry
88Age
Lindsay Fox owns Linfox, Australia’s biggest private logistics company, with more than 5,000 trucks, including electric vehicles, across 12 countries in the Asia-Pacific region.The company also owns a large industrial property portfolio, a half-share in a business park, two airports and currency-management outfit Armaguard.Fox is no longer involved in day-to-day operations, leaving management to his son Peter, who is executive chairman and runs the logistics business.In January 2025, Linfox International Group acquired Singapore-based logistics company Masindo Logistic for an undisclosed amount to strengthen its foothold across the Asia-Pacific region.▲ Collapse
#24Global #1,309▼ Bio$3.2B+$110.7M+$110.7M+3.54%Technology71
SH
Sam Hupert
$3.2BNet Worth
#24AU Rank
#1,309Global Rank
TechnologyIndustry
71Age
Sam Hupert cofounded medical imaging company Pro Medicus in 1983 with Anthony Hall, who he met at a wine-tasting function.Hupert is a medical doctor but stopped practicing in 1984 to run the company, which started as a medical billing and administrative business.Pro Medicus made its first foray into the American market in 2004 via a licensing deal with digital imaging business Agfa.Today 90% of Pro Medicus’ revenues are generated in North America.▲ Collapse
#26Global #1,557

Michael Hintze
▼ Bio$2.7B——Investment72

Michael Hintze
$2.7BNet Worth
#26AU Rank
#1,557Global Rank
InvestmentIndustry
72Age
In 1999, Michael Hintze started London-based hedge-fund firm CQS, which was led by the flagship Directional Opportunities fund.Hintze sold most of CQS’ assets to Canadian investment firm Manulife in 2024 and started a new firm called Deltroit with his own capital.Born in China to Russian parents, Hintze was raised in Australia and served a 3-year stint in the army before making his way to London in the 1980s.He is a noted supporter of the arts and sciences and was granted Knighthood in 2013 in recognition of his charitable contributions in the U.K.He maintains a connection to his home country through his MH Premium Farms, which owns a portfolio of agricultural properties in Australia.▲ Collapse
#27Global #1,605

Jack Cowin
▼ Bio$2.6B+$5.3M+$5.3M+0.20%Fast food83

Jack Cowin
$2.6BNet Worth
#27AU Rank
#1,605Global Rank
Fast foodIndustry
83Age
Canadian-born fast-food mogul Jack Cowin built his fortune on burgers, fried chicken and pizza.He founded and chairs Sydney-based Competitive Foods Australia, which operates Burger King’s Australian franchise as Hungry Jack’s.The franchise boasts more than 440 stores and a food-processing division.Cowin is top shareholder of Domino’s Pizza Enterprises, the listed Australian franchisee of the U.S. parent company. He is also the chairman and executive chair of the company.Cowin owns a plant-based meat substitute business called v2food.▲ Collapse
#28Global #1,606▼ Bio$2.6B——Mining83
SC
Sam Chong
$2.6BNet Worth
#28AU Rank
#1,606Global Rank
MiningIndustry
83Age
Malaysian-born Sam Chong is the co-owner of Jellinbah Group, which operates two coal mines in Queensland.Chong trained as a mining engineer in Taiwan before moving to Australia in 1972.Sam and his son Paul are directors at Jellinbah Group.In January 2025, Chong bought Anglo American’s one-third stake in Jellinbah for A$1.6 billion ($1.1 billion); later in June 2025 he sold a 6.7% stake to Japanese conglomerate Marubeni.Chong also owns a string of hotel and office properties in Brisbane.▲ Collapse
#43Global #2,250

Brett Blundy
▼ Bio$1.8B-$3.5M-$3.5M-0.19%Retail, agribusiness66

Brett Blundy
$1.8BNet Worth
#43AU Rank
#2,250Global Rank
Retail, agribusinessIndustry
66Age
Brett Blundy is the founder of BBRC, a private investment company which has expanded from its retail roots into property, fund management, agriculture and technology.He sold some property and retail interests in three IPOs. He’s now building a beef cattle empire in northern Australia to feed Asian demand.Fast fashion jewelry retailer Lovisa, which he cofounded in 2010 and boasts 900 stores worldwide, is embroiled in a lawsuit amid allegations of underpayment of staff dating back to 2019.In 2021 Blundy sold key assets, including property fund Aventus, the listed Universal Store as well as the unlisted lingerie chain Honey Birdette to the Playboy Group.▲ Collapse
#29Global #1,784

Bob Ell
▼ Bio$2.3B——Real estate81

Bob Ell
$2.3BNet Worth
#29AU Rank
#1,784Global Rank
Real estateIndustry
81Age
Bob Ell is the founder and executive chairman of Leda Holdings, which owns three shopping malls in Queensland and a fourth in Canberra.He also has large-scale residential land developments in Queensland and New South Wales.He started out in Sydney commercial and industrial real estate in the 1970s.Ell briefly listed Leda Holdings before taking it private in 1990. He has developed more than $3 billion worth of property projects.▲ Collapse
#30Global #1,845

Ed Craven
▼ Bio$2.2B——Online casino30

Ed Craven
$2.2BNet Worth
#30AU Rank
#1,845Global Rank
Online casinoIndustry
30Age
Ed Craven and Bijan Tehrani founded and run Stake.com, believed to be the largest crypto-backed online casino in the world.Stake.com generated $4.7 billion of gross revenue in 2024, despite crypto gambling being unavailable in the United States, United Kingdom and much of Europe.The founders have reinvested its profits into aggressive marketing, putting Stake’s name on Formula 1 cars, English Premier League jerseys, UFC octagons and a new livestreaming service.After Twitch banned Stake from advertising on its platform due to a lack of consumer protections, Craven and Tehrani launched their own competing livestream service, Kick.▲ Collapse
#31Global #1,903▼ Bio$2.2B——Mining52
AB
Alexandra Burt
$2.2BNet Worth
#31AU Rank
#1,903Global Rank
MiningIndustry
52Age
Alexandra Burt sold a stake in February 2025 in the family’s Rhodes Ridge iron ore project to Japanese investment company Mitsui.Her sister Leonie Baldock and her aunt Angela Bennett had stakes in the same project and are fellow billionaires.Burt’s grandfather Peter Wright established a mining partnership with mining magnate Gina Rinehart’s father Lang Hancock in the 1950s.Part of her wealth comes from a stake in Wright Prospecting, a privately owned mining firm based in Perth.▲ Collapse
#34Global #1,969

Fiona Geminder
▼ Bio$2.1B——Manufacturing61

Fiona Geminder
$2.1BNet Worth
#34AU Rank
#1,969Global Rank
ManufacturingIndustry
61Age
Fiona Geminder owns a substantial stake in listed plastics-packaging business Pact Group, with her husband Raphael Geminder.She also holds a large stake in her family’s paper packaging and recycling business, Visy Asia-Pacific.She holds the Visy Asia-Pacific stake with her brother Anthony Pratt and sister Heloise Pratt, who are both also billionaires.Pact Group was delisted in 2025 after Raphael Geminder’s holding company, Bennamon Industries, launched a takeover bid in 2023.▲ Collapse
#32Global #1,957▼ Bio$2.1B+$11.5M+$11.5M+0.54%Retail81
SL
Solomon Lew
$2.1BNet Worth
#32AU Rank
#1,957Global Rank
RetailIndustry
81Age
Solomon Lew chairs Melbourne-based Premier Investments, an apparel retailer.The company is the largest shareholder in Australian department store Myer and home appliance maker Breville.Premier’s brands also include the Smiggle stationery store franchise aimed at children, and sleepwear label Peter Alexander.In 2025, Myer bought Premier’s five apparel brands in exchange for new shares issued to Premier. This will create one of the largest retail and apparel companies across Australia and New Zealand.Following the five apparel brands acquisition, Lew will join the board of Myer in April 2026.▲ Collapse
#33Global #1,966▼ Bio$2.1B——Mining55
LB
Leonie Baldock
$2.1BNet Worth
#33AU Rank
#1,966Global Rank
MiningIndustry
55Age
Leonie Baldock sold her stake in the Rhodes Ridge iron ore project to Japanese trading and investment company Mitsui in February 2025.Her sister Alexandra Burt and aunt Angela Bennett also had stakes in the same project and are billionaires.Her grandfather Peter Wright established a mining partnership with mining magnate Gina Rinehart’s father Lang Hancock in the 1950s.Part of her wealth comes from a stake in Wright Prospecting, a privately owned mining firm based in Perth.The sisters are embroiled in legal battles with other family members and with mining billionaire Gina Rinehart over royalties from other mines.▲ Collapse
#35Global #1,985

Robin Khuda
▼ Bio$2.1B——Data centers46

Robin Khuda
$2.1BNet Worth
#35AU Rank
#1,985Global Rank
Data centersIndustry
46Age
Robin Khuda is founder and CEO of AirTrunk, a leading data centre provider across the Asia-Pacific and the Middle East.He founded AirTrunk in 2015. Since then it has established data centres in Australia, Hong Kong, Japan, Malaysia, Saudi Arabia, and Singapore.AirTrunk was acquired in 2024 in a $16 billion transaction by a consortium led by global asset manager Blackstone and Canada Pension Plan Investment Board. Khuda retains a small but valuable stake.Before founding AirTrunk he held leadership roles at tech companies such as PIPE Networks, Fujitsu and SingTel Optus.▲ Collapse
#37Global #2,086

Michael Heine
▼ Bio$2B+$5.2M+$5.2M+0.26%Financial services76

Michael Heine
$2BNet Worth
#37AU Rank
#2,086Global Rank
Financial servicesIndustry
76Age
Michael Heine started Netwealth in 1999 with his brother Leslie.Michael worked with his father Walter in international financing, mortgage lending and property development, then started a fund management business in 1982.He sold that business and launched Netwealth Group. It went public in 2017 and now has A$100 billion in funds under management.Netwealth provides products and services to financial advisers and individuals.Heine resigned as co-managing director of Netwealth in 2022 but remains a director. His son, Matt, is managing director and CEO.▲ Collapse
#36Global #2,085

John Van Lieshout
▼ Bio$2B——Real estate80

John Van Lieshout
$2BNet Worth
#36AU Rank
#2,085Global Rank
Real estateIndustry
80Age
John Van Lieshout founded and made his fortune from the Super A-Mart furniture chain. He sold it in 2006 but retained the freehold to some stores.His wealth is now underpinned by a large property portfolio that includes shopping malls and offices.He also owns Unison Projects, which has property interests in residential, industrial and commercial assets.He arrived in Australia in 1960 with his parents and 12 siblings, emigrating from the Netherlands.▲ Collapse
#38Global #2,108

John Hancock
▼ Bio$2B-$0.4M-$0.4M-0.02%Mining50

John Hancock
$2BNet Worth
#38AU Rank
#2,108Global Rank
MiningIndustry
50Age
John Hancock is the eldest child of Australia’s richest woman, Gina Rinehart.Together with his three sisters, Bianca, Hope and Ginia, he is the beneficiary of a trust that owns a large stake in mining giant Hancock Prospecting.He is involved in a bitter court battle to take control of the trust from his mother and potentially increase their stake.He is a senior adviser at Lind Partners LLC. He also runs his own private investment fund.Hancock disclosed that as of September 2023 it had provided A$5.44 billion for dividends that will be paid after the dispute between Bianca and her brother John against their mother is resolved.▲ Collapse
#39Global #2,115

Ginia Rinehart
▼ Bio$2B——Mining39

Ginia Rinehart
$2BNet Worth
#39AU Rank
#2,115Global Rank
MiningIndustry
39Age
Ginia Rinehart is the youngest child of Australian mining mogul Gina Rinehart.Together with her three siblings, she is the beneficiary of a trust that owns a substantial stake in mining giant Hancock Prospecting.She stayed out of a bitter court battle to wrest control of the trust from her mother.She has a degree in business, majoring in Spanish, from London.Hancock disclosed that as of September 2023 it had provided A$5.44 billion for dividends that will be paid after the dispute between Bianca and her brother John against their mother is resolved.▲ Collapse
#40Global #2,139

Bianca Rinehart
▼ Bio$1.9B——Mining49

Bianca Rinehart
$1.9BNet Worth
#40AU Rank
#2,139Global Rank
MiningIndustry
49Age
Bianca Rinehart is the eldest daughter of Australian mining magnate Gina Rinehart and is a trustee of the Hope Margaret Hancock Trust.She replaced her mother as trustee in 2015, after a lengthy court battle.The trust owns nearly a quarter of Gina Rinehart’s Hancock Prospecting, on behalf of her four children.She has a degree in hospitality and hotel management from Flinders University in Adelaide.Hancock disclosed that as of September 2023 it had provided A$5.44 billion for dividends that will be paid after the dispute between Bianca and her brother John against their mother is resolved.▲ Collapse
#40Global #2,139$1.9B——Mining40
#42Global #2,189

David Teoh
▼ Bio$1.9B+$39.7M+$39.7M+2.14%Telecom70

David Teoh
$1.9BNet Worth
#42AU Rank
#2,189Global Rank
TelecomIndustry
70Age
David Teoh is the founder of Australia’s TPG Telecom. He emigrated from Malaysia in 1986.A series of smart acquisitions transformed the company from a computer retailer into a major internet service provider in Australia.Teoh’s listed internet service provider TPG merged with Vodafone Hutchison Australia in 2020 and was relisted as TPG Telecom.He resigned as executive chairman in 2021.His Simba Telecom (formerly TPG Singapore) is looking to buy Singapore telecoms outfit M1 in a $1.1 billion deal, pending regulatory approval.▲ Collapse
#43Global #2,250

Brett Blundy
▼ Bio$1.8B-$3.5M-$3.5M-0.19%Retail, agribusiness66

Brett Blundy
$1.8BNet Worth
#43AU Rank
#2,250Global Rank
Retail, agribusinessIndustry
66Age
Brett Blundy is the founder of BBRC, a private investment company which has expanded from its retail roots into property, fund management, agriculture and technology.He sold some property and retail interests in three IPOs. He’s now building a beef cattle empire in northern Australia to feed Asian demand.Fast fashion jewelry retailer Lovisa, which he cofounded in 2010 and boasts 900 stores worldwide, is embroiled in a lawsuit amid allegations of underpayment of staff dating back to 2019.In 2021 Blundy sold key assets, including property fund Aventus, the listed Universal Store as well as the unlisted lingerie chain Honey Birdette to the Playboy Group.▲ Collapse
#44Global #2,360

Gretel Packer
▼ Bio$1.7B-$2.5M-$2.5M-0.15%Investments60

Gretel Packer
$1.7BNet Worth
#44AU Rank
#2,360Global Rank
InvestmentsIndustry
60Age
Gretel Packer is the elder sister of fellow billionaire James Packer.She became a billionaire after James split their family estate 10 years after the 2005 death of their father, media mogul Kerry Packer.Famously low-profile, she was the driving force behind the establishment of the $160 million National Philanthropic Fund in 2014.The fund is supported by the Packer Family Foundation, which she chairs.She is also an arts patron, who sits on the boards of the Art Gallery of New South Wales and the Sydney Theatre Company.▲ Collapse
#45Global #2,476▼ Bio$1.6B+$11.3M+$11.3M+0.71%Retailing79
BW
Bruce Wilson
$1.6BNet Worth
#45AU Rank
#2,476Global Rank
RetailingIndustry
79Age
Bruce Wilson gets his wealth from a stake in Reece Group, Australia’s biggest bathroom and plumbing supplies chain.Reece also provides HVAC-R (heating, ventilation, air conditioning and refrigeration) to commercial and residential customers.The company, which has more than 800 outlets across Australia, New Zealand and the U.S, celebrated its centennial in 2020.His brothers, Alan and John, also have stakes in Reece and are billionaires.The brothers’ father, Leslie Wilson, was a plumber who joined the board of H.J. Reece, then a small listed plumbing supplies company in 1958.▲ Collapse
#45Global #2,476▼ Bio$1.6B+$11.3M+$11.3M+0.71%Retailing85
AW
Alan Wilson
$1.6BNet Worth
#45AU Rank
#2,476Global Rank
RetailingIndustry
85Age
Alan Wilson gets his wealth from a stake in Reece Group, Australia’s biggest bathroom and plumbing supplies chain.Alan became Reece’s chairman in 2008 and his son Peter became chief executive. In 2022, Alan stepped down as chairman but remains an executive director. Today Peter serves as chairman and CEO.His brothers, John and Bruce, also have stakes in Reece and are billionaires.▲ Collapse
#45Global #2,476▼ Bio$1.6B+$11.3M+$11.3M+0.71%Retailing88
JW
John Wilson
$1.6BNet Worth
#45AU Rank
#2,476Global Rank
RetailingIndustry
88Age
John Wilson gets his wealth from a stake in Reece Group, Australia’s biggest bathroom and plumbing supplies chain.His brothers, Alan and Bruce, also have stakes in Reece and are billionaires.The brothers’ father, Leslie Wilson, was a plumber who joined the board of H.J. Reece, then a small listed plumbing supplies company in 1958.▲ Collapse
#48Global #2,678▼ Bio$1.5B+$0.6M+$0.6M+0.04%Mining73
CW
Chris Wallin
$1.5BNet Worth
#48AU Rank
#2,678Global Rank
MiningIndustry
73Age
Armed with a geology degree, Chris Wallin was the Queensland government’s chief coal geologist before starting his company, QCoal, in 1989.He was a billionaire in 2011 and 2012, before plunging coal prices hammered his fortune.He rejoined the billionaire ranks after QCoal posted a five-fold increase in net profit in 2022 and paid him A$300 million in dividends.▲ Collapse
#49Global #2,852

Chris Ellison
▼ Bio$1.3B-$58.4M-$58.4M-4.24%Mining68

Chris Ellison
$1.3BNet Worth
#49AU Rank
#2,852Global Rank
MiningIndustry
68Age
Chris Ellison is a veteran of the Australian mining sector, who draws his wealth from a minority stake in listed Mineral Resources.The company mines both iron ore and a mineral called spodumene, which contains lithium.Ellison grew up in a poor family in rural New Zealand where his father was a pig farmer and later worked in a quarry.▲ Collapse
#50Global #2,915

Heloise Pratt
▼ Bio$1.3B——Manufacturing, investment63

Heloise Pratt
$1.3BNet Worth
#50AU Rank
#2,915Global Rank
Manufacturing, investmentIndustry
63Age
Heloise Pratt is the sister of fellow billionaires Anthony Pratt and Fiona Geminder.The three siblings hold stakes in the Melbourne family’s Visy Asia-Pacific packaging business.Heloise reached a settlement with ex-husband Alex Waislitz in 2025, receiving A$325 million in cash.▲ Collapse
#51Global #2,965

Nigel Austin
▼ Bio$1.2B——Retail55

Nigel Austin
$1.2BNet Worth
#51AU Rank
#2,965Global Rank
RetailIndustry
55Age
Nigel Austin is the founder and majority owner of the Cotton On clothing and stationery group. Its brands include Cotton On, Supre, Factorie and Typo.His company has close to 1,300 stores in 17 countries with 2025 revenue of around $1.5 billion.Founded in 1991, Austin started selling acid-washed denim jackets from the trunk of his car in his hometown southwest of Melbourne.▲ Collapse
#52Global #3,057

Manny Stul
▼ Bio$1.2B——Toys70

Manny Stul
$1.2BNet Worth
#52AU Rank
#3,057Global Rank
ToysIndustry
70Age
Manny Stul took over a struggling company named Moose Toys in 2000. Sales have soared since.Its Shopkins collectibles, inspired by grocery and department store items, are some of their best-known products.He made a fortune building and selling a giftwares company before investing in Moose Toys.▲ Collapse
#53Global #3,083

Sam Tarascio
▼ Bio$1.2B——Real estate65

Sam Tarascio
$1.2BNet Worth
#53AU Rank
#3,083Global Rank
Real estateIndustry
65Age
Sam Tarascio owns a portfolio of real estate across Melbourne, including a business park, two distribution sites, a large shopping mall and a market.He started out in property development in the 1960s and established logistics and industrial-development business Salta Properties, now run by his son Sam.▲ Collapse
#54Global #3,135▼ Bio$1.1B——Gaming50
LE
Laurence Escalante
$1.1BNet Worth
#54AU Rank
#3,135Global Rank
GamingIndustry
50Age
Laurence Escalante is the founder and CEO of Australia-based interactive entertainment company Virtual Gaming Worlds (VGW).VGW through its online casinos Chumba Casino, LuckyLand Slots, and Global Poker primarily targets the U.S. market.VGW reported close to $4 billion in revenue for 2024.▲ Collapse
#55Global #3,342$1B+$5.5M+$5.5M+0.55%Entertainment70
#56Global #3,378$999.9M-$2.7M-$2.7M-0.27%Hotels73

