Financial Review Rich List 2020

Financial Review Rich List 2020

Company type	Annual publication
Industry	Wealth ranking
Founded	1984
Headquarters	Australia
Products	List of Australia's wealthiest individuals

The Financial Review Rich List 2020 marks the 37th edition of the annual ranking of Australia's top 200 wealthiest individuals, released by the Australian Financial Review on 30 October 2020.

Topping the list was Gina Rinehart, whose net worth stood at 28.89 billion AUD. At the other end, Nigel Satterley ranked 200th with a fortune of 540 million AUD, up from 472 million in 2019. Collectively, the wealth of these 200 individuals summed to 424 billion AUD, reflecting a rise of 72 billion compared to the previous year. This is a significant increase from the initial total of 6.4 billion AUD recorded when the list was first published in 1984. The 2020 compilation featured nineteen newcomers, including three of Rinehart's offspring.

Rinehart held the title of Australia's richest person from 2011 through 2015, reaching her peak net worth of 29.17 billion AUD in 2012. Between 2017 and 2019, Anthony Pratt occupied the leading position but dropped to third place in 2020, behind Andrew Forrest AO—who was Australia's wealthiest in 2008—and Harry Triguboff AO, who led in 2016 and placed seventh on this year's list.

List of individuals

2020		Name	Citizenship	Source of wealth	2019
Rank	Net worth Template:AUD bn				Rank	Net worth Template:AUD bn
1 Template:Gain	28.89 Template:Gain	Gina Rinehart	AUS	Hancock Prospecting; investment	2 Steady	13.81 Template:Gain
2 Template:Gain	23.00 Increase	Andrew Forrest AO	AUS	Fortescue	8 Steady	7.99 Increase
3 Decrease	19.75 Template:Gain	Anthony Pratt	AUS	Visy; Pratt Industries	1 Steady	15.57 Template:Gain
4 Steady	18.06 Increase	Hui Wing Mau	PRC/AUS	Shimao Property	4 Steady	10.39 Increase
5 Template:Gain	16.93 Template:Gain	Mike Cannon-Brookes	AUS	Atlassian	11 Template:Gain	9.75 Template:Gain
6 Decrease	16.69 Template:Gain	Scott Farquhar	AUS	Atlassian	12 Template:Gain	9.63 Template:Gain
7 Decrease	14.42 Template:Gain	Harry Triguboff AO	AUS	Meriton Apartments	3 Decrease	13.54 Template:Gain
8 Template:Gain	9.18 Template:Gain	Clive Palmer	AUS	Mineralogy and mining; hospitality	15 Template:Gain	4.09 Template:Gain
9 Decrease	8.30 Decrease	Sir Frank Lowy AC	AUS	ex-Westfield; property (shopping centres)	7 Template:Loss	8.57 Increase
10 Template:Gain	6.26 Template:Gain	Kerry Stokes AC	AUS	Property; Seven West Media; resources	11 Template:Gain	5.69 Template:Gain

Icon	Description
	Indicates no change compared to last year's ranking
	Denotes an increase from the prior year’s position or net worth
	Represents a decline relative to the previous year’s data

Excluded from the 2020 list

The individuals listed below featured in the 2019 Financial Review Rich List but were absent from the 2020 edition:

2019		Individual	Nationality	Wealth source	Reason (non-financial)
Position	Net worth Template:AUD bn
81 Decrease	1.14 Template:Gain	Template:Sortname	Template:AUS	Financial services
86 Template:Gain	1.10 Template:Gain	Template:Sortname	Template:AUS	Technology
105 Decrease	0.885 Template:Gain	Template:Sortname	Template:AUS	Technology
109 Decrease	0.852 Decrease	Template:Sortname	Template:AUS	Flight Centre; hotels
111 Decrease	0.851 Decrease	Template:Sortname	Template:AUS	Flight Centre; investment
112 Decrease	0.842 Decrease	Template:Sortname	Template:AUS	Retail
126 Decrease	0.765 Template:Gain	Template:Sortname	Template:AUS	The Good Guys
129 Decrease	0.755 Template:Gain	Template:Sortname and Max Moar	Template:AUS	Property
131 Template:Gain	0.745 Template:Gain	Template:Sortname and family	Template:AUS	Federal Group; gaming
137 Decrease	0.696 Template:Gain	Template:Sortname	Template:AUS	Construction
160 Decrease	0.623 Template:Gain	Template:Sortname	Template:AUS	Travel services
168 Decrease	0.594 Template:Gain	Template:Sortname	Template:AUS	Darrell Lea; retail
173 Decrease	0.575 Template:Gain	Template:Sortname	Template:Country data Jersey	Financial services
177 Decrease	0.560 Template:Gain	Template:Sortname	Template:AUS	Ex-Computershare; investment
178 Template:Gain	0.554 Template:Gain	Template:Sortname	Template:AUS	Hotels
179 Decrease	0.541 Template:Gain	Template:Sortname	Template:AUS	Mining services
182 Template:Gain	0.530 Template:Gain	Template:Sortname	Template:AUS	Ex-Swisse
183 Decrease	0.523 Decrease	Template:Sortname	Template:AUS	Financial services
184 Decrease	0.520 Template:Gain	Template:Sortname	Template:AUS	Financial services
190 Decrease	0.500 Decrease	Template:Sortname	Template:AUS	Healthcare
193 Template:Gain	0.489 Template:Gain	Template:Sortname	Template:AUS	Retail
196 Template:Gain	0.486 Template:Gain	Template:Sortname and Template:Sortname	Template:AUS	Technology
197 Template:Gain	0.485 Template:Gain	Template:Sortname	Template:AUS	Healthcare
198 Decrease	0.479 steady	Template:Sortname	Template:AUS	Glencore
199 Decrease	0.479 gain	Template:Sortname	Template:AUS	Navitas Group
200 gain	0.472 gain	Template:Sortname	Template:AUS	Crazy John's

Notes

• This person was featured on an earlier compilation, but not on the 2019 Rich List.

See also

• Financial Review Rich List
• Forbes Asia ranking of Australians by net worth