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Financial Review Rich List 2024

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Financial Review Rich List 2024
Company typeAnnual publication
IndustryMedia, Wealth ranking
Founded1984; 42 years ago (1984)
Headquarters
Australia
,
Australia
Area served
Australia
ProductsWealth rankings of Australia's richest individuals

The Financial Review Rich List 2024 represents the 41st edition of the annual compilation identifying Australia's top 200 wealthiest individuals, released by the Australian Financial Review on 30 May 2024.

At the pinnacle stands Gina Rinehart, with a net worth valued at $40.61 billion. The individual ranked 200th, Christian Beck, possesses $718 million, an increase from $690 million in 2023. Collectively, the total wealth of these 200 individuals reached $624.9 billion, marking a rise of $61.9 billion compared to the previous year. This contrasts sharply with the initial combined wealth of $6.4 billion when the BRW Rich 200 was first published in 1984. Women accounted for forty-one members on the list, representing 20.5%, a modest growth from thirty-six women (18%) in 2023. The ranking also introduced eleven newcomers.

Since 2020, Rinehart has maintained her status as Australia’s richest person, a position she also held from 2011 to 2015. Between 2017 and 2019, Anthony Pratt was the wealthiest Australian and placed fourth in the 2021 Rich List following Andrew Forrest, who topped the list in 2008, and Mike Cannon-Brookes. Harry Triguboff, who led in 2016, is positioned second in the 2024 ranking.

List of individuals

2024 Name Citizenship Source of wealth 2023
Rank Net worth
Template:AUD bn
Rank Net worth
Template:AUD bn
1 40.61 Gina Rinehart Australia Hancock Prospecting; investment 1 37.41
2 26.49 Harry Triguboff Australia Meriton Apartments 4 23.80
3 24.38 Mike Cannon-Brookes and Annie Cannon-Brookes Australia Atlassian 6 19.01
4 23.30 Anthony Pratt and family Australia Visy; Pratt Industries 3 24.30
5 22.88 Scott Farquhar Australia Atlassian 7 18.16
6 22.75 Clive Palmer Australia Mineralogy and mining interests; hospitality 5 23.66
7 16.92 Nicola Forrest Australia Fortescue Metals Group n/a not listed
8 16.76 Andrew Forrest Australia Fortescue Metals Group 2 33.29
9 14.86 Ivan Glasenberg Australia, South Africa, Switzerland Glencore commodities trading 8 13.60
10 13.62 Melanie Perkins and Cliff Obrecht Australia Canva 9 13.18
11 11.63 Richard White Australia WiseTech Global; Technology 11 9.11
12 11.30 Kerry Stokes Australia Property; Seven West Media; resources 12 7.45
13 10.64 Alan Wilson and family Australia Reece Group 14 6.51
14 9.33 Sir Frank Lowy Australia ex-Westfield; property 10 9.33
15 8.16 Vivek Chaand Sehgal Australia Motherson Sumi Systems 24 4.20
16 6.94 John Gandel Australia Property (shopping centres) 15 6.33
17 6.81 Cameron Adams Australia Canva 13 6.59
18 6.08 Suzanne Walker and family Australia Walker Corporation (property) 16 5.81
19 5.85 Len Ainsworth and family Australia (ex-)Aristocrat Leisure; Gaming; manufacturing 17 5.22
20 5.69 James Packer Australia ex-Crown Resorts; ex-Consolidated Media Holdings 18 4.95
21 5.69 Lindsay Fox Australia Linfox; property 23 4.35
22 5.04 Angela Bennett Australia Mining 20 4.63
23 4.88 Jack Cowin Australia Competitive Foods Australia; investment 22 4.36
24 4.72 Solomon Lew Australia Premier Investments; retail 25 3.97
25 4.62 Morry Fraid, Zac Fried and family Australia Retail; property 26 3.95

Excluded from the 2024 compilation

The individuals listed in the Financial Review Rich List 2023 who were omitted from the 2024 edition include:

Annotations

  • Person featured in earlier editions, but absent from the 2023 Rich List.
    Formerly included under Lang Walker, who passed away on 27 January 2024.
    Previously recorded under Maurice Alter, who died on 13 April 2018.

See also

External links