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Forbes list of Australia's 50 richest people 2016

This article is about the Forbes list of Australia's 50 richest people published in 2016. For general information about the list, see Forbes list of Australia's 50 richest people.

The Forbes list of Australia's 50 richest people is the annual survey of the fifty wealthiest people resident in Australia, published by Forbes Asia in January 2016.[1]

The net worth of the wealthiest individual, Blair Parry-Okeden, was estimated to be US$8.80 billion.[2][3][4][5][6] It was the first and only time that Parry-Okeden appeared on the Forbes Australian list. She is a US-citizen and, despite living in Australia,[7] is not eligible for admission on the list.

List of individuals edit

2016[1] Name Citizenship Source of wealth 2015[8]
Rank Net worth
US$ bn 		Rank Net worth
US$ bn
1   8.80   Blair Parry-Okeden   United States Cox Enterprises heiress n/a not listed
2   8.50   Gina Rinehart   Australia Hancock Prospecting; investment 1   11.70  
3   6.90   Harry Triguboff   Australia Meriton Apartments 2   5.60  
4   5.00   Frank Lowy   Australia Ex-Westfield; property 3   5.00  
5   3.60   Anthony Pratt   Australia Visy Industries; Pratt Industries 7   3.50  
6   3.50   James Packer   Australia Crown Resorts; Consolidated Media Holdings 4   4.70  
7   3.20   John Gandel   Australia Property (shopping centres) 6   3.60  
8   2.80   Lindsay Fox   Australia Linfox 9   2.90  
9   1.95   David Teoh   Australia Telecommunications 17   1.60  
10   1.90   David Hains   Australia Investment 11   2.10  
11   1.85   Kerr Neilson   Australia Financial services 8   3.00  
12   1.83   Fiona Geminder   Australia Manufacturing; investment 12   2.10  
13   1.80   Sir Michael Hintze   Australia
  United Kingdom		 Retail; investment 15   1.90  
14   1.78   Mike Cannon-Brookes   Australia Atlassian 25   1.10  
15   1.75   Scott Farquhar   Australia 25   1.10  
16   1.60   Alan Wilson and family   Australia Reece Group; retail 14   2.00  
17   1.54   Stan Perron   Australia Property 16   1.60  
18   1.50   Jack Cowin   Australia Competitive Foods Australia; investment 29   1.00  
19   1.35   Gerry Harvey   Australia Harvey Norman; retail 18   1.30  
20   1.30   Heloise Waislitz   Australia Manufacturing; investment 13   2.00  
21   1.27   Alan Rydge   Australia Rydges Hotels & Resorts 22   1.20  
22   1.24   Andrew Forrest   Australia Fortescue Metals Group 10   2.10  
23   1.20   Bob Ell   Australia Property development 19   1.20  
24   1.10   Maurice Alter   Australia Property (shopping centres) 19   1.20  
25   1.10   Russ Withers and Beverley Barlow   Australia 7-Eleven Australia n/a not listed
26   1.02   Lang Walker   Australia Walker Corporation (property) 21   1.20  
27   1.00   Kerry Stokes   Australia Property; Seven West Media; resources 23   1.20  
28   0.97   John van Lieshout   Australia Real estate 27   1.00  
29   0.93   Angela Bennett   Australia Resources 31   0.97  
30   0.92   Solomon Lew   Australia Premier Investments; retail 30   0.98  
31   0.83   Paul Little   Australia Logistics; real estate 37   0.82  
32   0.77   Tony and Ron Perich   Australia Investment 39   0.75  
33   0.76   Len Ainsworth   Australia Gaming; manufacturing 24   1.20  
34   0.745   Bob Ingham   Australia Poultry; property development 35   0.90  
35   0.74   John Kahlbetzer   Australia Agriculture 36   0.83  
36   0.735   Sam Tarascio   Australia Real estate 42   0.71  
37   0.72   Judith Neilson   Australia Investment n/a not listed
38   0.70   Con Makris   Australia Real estate 46   0.64  
39   0.675   Reg Rowe   Australia n/a not listed
40   0.66   Ralph Sarich   Australia Real estate 44   0.66  
41   0.65   Maha Sinnathamby   Australia Real estate 40   0.74  
42   0.645   Brett Blundy   Australia Retail; agribusiness 38   0.77  
43   0.64   Bruce Mathieson   Australia Hotels 48   0.61  
44   0.615   Richard Smith   Australia Food distribution 45   0.65  
45   0.575   Graham Turner   Australia Flight Centre; travel services 49   0.57  
46   0.57   Bruce Gordon   Australia WIN Corporation; investment 41   0.72  
47   0.565   Nigel Austin   Australia Cotton On Group; retail n/a not listed
48   0.55   Christopher Morris   Australia Software; hospitality 47   0.63  
49   0.51   Gretel Packer   Australia Crown Resorts; investment n/a not listed
50   0.50   Marcus Blackmore   Australia Blackmores; health supplements n/a not listed
Legend
Icon Description
  Has not changed from the previous year
  Has increased from the previous year
  Has decreased from the previous year

See also edit

References edit

  1. ^ a b "Gina Rinehart Loses Her No. 1 Spot". Forbes Asia. 27 January 2016. Retrieved 22 October 2019.
  2. ^ "Gina Rinehart gives way to Blair Parry-Okeden as Australia's wealthiest person". Guardian Australia. 28 January 2016.
  3. ^ Jensen, Erik (13 March 2009). "A quiet American is Australia's richest person". The Sydney Morning Herald. Retrieved 10 November 2014.
  4. ^ Murphy, Damien (29 January 2016). "The reclusive heiress who is the richest Australian". The Sydney Morning Herald. Retrieved 10 June 2016.
  5. ^ "Australia's secret billionaire adds $US500 million to her fortune in 12 months". SmartCompany. Archived from the original on 4 February 2016. Retrieved 28 January 2016.
  6. ^ "Gina Rinehart toppled as Australia's richest". New Zealand Herald. 28 January 2016. Retrieved 28 January 2016.
  7. ^ "Billionaires 2019: #153 Blair Parry-Okeden". Forbes. 2019. Retrieved 29 September 2019.
  8. ^ "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
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