Forbes list of Australia's 50 richest people explained

Forbes list of
Australia's 50 richest people
Headerstyle:background:#ccf;
Header1:Publication details
Label2:Publisher
Data2:Forbes
Label3:Publication
Data3:Forbes Asia magazine and online
Label4:First published
Label5:Latest publication
Header6:Current list details
Label7:Wealthiest Australian
Data7:Gina Rinehart
Data8: 14.8 billion
Label9:Entry point
Data9: 750 million
Label10:Total list net worth value
Label11:Average net worth
Label12:Gender bias
Belowstyle:background:#ddf;
Below:Forbes list of Australia's 50 richest people website

The Forbes list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by Forbes Asia magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online.

In 2019, the entry mark for the 50th richest individual was 750 million. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of 14.8 billion; a 2.6 billion decrease in her personal net worth of 17.4 billion, as estimated by Forbes in 2018. 2019 marked the eighth time that Rinehart had headed the list.[1]

Prior to 2013, the list included the forty richest people in Australia; expanded to Australia's fifty wealthiest individuals and families in 2013.

Lists by year

Members of Australia's 50 richest people

The table below is the list compiled by Forbes Asia, comparing movement from the previous year:

Forbes Asia
Australia's 50 richest
Name2011[2] [3] 2012[4] 2013[5] 2014[6] 2015[7]
data-sort-type="number" Rankdata-sort-type="number" Net worth
billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
align=right 9.00 align=right 18.00 align=right 17.00 align=right 17.70 align=right 11.70
align=right 3.40 align=right 4.00 align=right 4.60 align=right 4.30 5.60
2.70 3.40 4.50 7.00 3.50
4.30 align=right 4.40 5.30 4.60 align=right 5.00
n/a not listed n/a not listed n/a not listed n/a not listed align=center rowspan=2align=right rowspan=21.10
n/a not listed n/a not listed n/a not listed n/a not listed
6.90 5.30 4.80 5.00 2.10
3.30 3.20 3.50 3.20 3.60
4.40 4.50 6.00 6.60 4.70
1.70 align=right 1.60 1.95 2.20 align=right 2.90
align=right 1.90 align=right 1.80 align=right 2.00 align=right 1.60 align=right 1.20
align=right 1.40 align=right 1.40 align=right 1.55 align=right 1.70 align=right 1.90
align=right 1.50 align=right 1.35 align=right 1.60 align=right 1.90 align=right 2.00
align=right 0.95 align=right 0.95 align=right 1.20 align=right 1.16 align=right 1.20
n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 2.10
align=right 0.70 align=right 0.78 align=right 0.89 align=right 0.96 align=right 1.20
align=right 2.00 align=right 2.00 align=right 2.30 align=right 2.10 align=right 2.10
n/a align=right not listed align=right 0.80 align=right 0.90 align=right 0.55 n/a align=right not listed
n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 2.00
n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 0.75
n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 1.00
align=right 1.55 align=right 2.30 align=right 0.90 align=right 1.01 align=right 0.97
n/a align=right not listed n/a not listed align=right 0.91 1.50 1.60
align=right 1.15 1.10 1.16 1.00 align=right 0.98
n/a not listed 0.66 0.84 align=right 0.71 0.77
n/a not listed n/a not listed 0.96 1.10 1.20
align=right 0.87 align=right 0.87 align=right 1.04 align=right 0.97 align=right 1.00
align=right 1.20 align=right 0.90 align=right 0.93 align=right 1.18 align=right 1.30
align=right 2.40 align=right 2.10 align=right 2.50 align=right 2.90 align=right 3.00
n/a not listed n/a align=right not listed n/a align=right not listed n/a not listed align=right 0.71
n/a align=right not listed n/a align=right not listed align=right 0.76 align=right 0.62 n/a align=right not listed
n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed
n/a align=right not listed n/a align=right not listed align=right 0.98 align=right 1.03 align=right 1.20
n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 0.69 align=right 0.74
align=right 0.67 align=right 0.71 align=right 0.78 align=right 0.72 align=right 0.82
n/a not listed n/a not listed 1.03 1.30 1.20
align=right 0.73 align=right 0.69 align=right 0.73 align=right 0.75 align=right 0.61
n/a not listed n/a align=right not listed align=right 0.66 align=right 0.63 align=right 0.64
n/aalign=right not listed n/aalign=right not listed n/aalign=right not listed n/aalign=right not listed n/a align=right not listed
n/a align=right not listed n/a align=right not listed align=right 0.71 align=right 0.66 align=right 0.66
align=right 0.71 align=right 0.74 align=right 0.79 align=right 0.84 align=right 0.65
n/a not listed n/a align=right not listed align=right 0.83 align=right 0.76 align=right 0.83
align=right 0.69 n/a align=right not listed align=right 0.65 align=right 0.59 align=right 0.63

Up until 2013, the list included Australia's 40 Richest people; expanded to Australia's 50 Richest people in 2013.

Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

Former members of Australia's 50 richest people

The table below is an extract from the list compiled by Forbes Asia showing individuals who were once on the list yet are not on the current list. Where appropriate, the list compares movement from previous years:

Forbes Asia
Australia's 50 Richest former members
Name201120122013201420152016[8] 2017[9]
data-sort-type="number" Rankdata-sort-type="number" Net worth
( billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
data-sort-type="number" Rankdata-sort-type="number" Net worth
(US$ billion)
n/aalign=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 8.88 align=center n/a not listed
n/a align=right not listed align=right 7.20 align=right 6.70 align=right 6.30 align=right 4.40 n/a align=right not listed n/a align=right not listed
align=right 0.98 align=right 0.94 align=right 1.00 align=right 0.99 align=right 1.00 n/a align=right not listed n/a align=right not listed
n/a align=right not listed n/a align=right not listed align=right 0.99 align=right 1.02 align=right 0.96 n/a align=right not listed n/a align=right not listed
n/a align=right not listed n/a align=right not listed align=right 0.79 align=right 0.90 align=right 0.95 n/a align=right not listed n/a align=right not listed
align=right 0.85 align=right 0.86 align=right 0.95 align=right 0.83 align=right 0.91 n/a align=right not listed n/a align=right not listed
align=right 0.70 align=right 0.73 align=right 0.74 align=right 0.71 align=right 0.68 n/a align=right not listed n/a align=right not listed
n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 0.70 align=right 0.55 n/a align=right not listed n/a align=right not listed
align=right 1.45 align=right 1.70 align=right 2.40 align=right 3.00 n/a align=right not listed n/a align=right not listed n/a align=right not listed
align=right 1.10 align=right 1.25 align=right 1.40 align=right 1.20 n/a align=right not listed n/a align=right not listed n/a align=right not listed
align=right 0.74 align=right 0.69 align=right 0.74 align=right 0.76 n/a align=right not listed n/a align=right not listed n/a align=right not listed
align=right 0.64 n/a align=right not listed n/a align=right not listed align=right 0.58 n/a align=right not listed n/a align=right not listed n/a align=right not listed
align=right 0.66 align=right 0.67 align=right 0.70 align=right 0.57 n/a align=right not listed n/a align=right not listed n/a align=right not listed
align=right 0.72 align=right 0.71 align=right 0.74 n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed
align=right 0.77 align=right 0.80 align=right 0.71 n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed
n/a align=right not listed n/a align=right not listed align=right 0.63 n/a align=right not listed n/a align=right not listed n/a align=right not listed n/a align=right not listed
align=right 1.05 align=right 1.50 align=right 2.10 align=right 1.80 align=right 1.60 align=right 1.54 align=right
align=right 0.64 align=right 0.74 align=right 1.15 align=right 0.97 align=right 0.90 align=right 0.745 align=right
n/aalign=right not listed n/a align=right not listed align=right 0.73 align=right 0.67 n/a align=right not listed align=right 0.675 align=right
n/a align=right not listed n/a align=right not listed n/a align=right not listed align=right 0.72 align=right 0.57 align=right 0.575 align=right
align=right 0.79 align=right 0.65 align=right 0.62 align=right 0.70 align=right 0.72 align=right 0.57 align=right
n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed align=right 0.50 align=right
n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed align=right
n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed n/a not listed align=right

Paul Ramsay died in May 2014, five months after the 2014 list was published.

Ian Norman died in May 2014, five months after the 2014 list was published.

Bob Oatley died in January 2016, seven months after the 2015 list was published.

Blair Parry-Okeden appeared on the list of Australians by net worth in 2016 only. She is a US-citizen and, despite living in Australia,[10] is not eligible for admission on the list.

See also

External links

Notes and References

  1. News: 2019 Australia's 50 Richest. 28 September 2019. Forbes Asia. January 2019 .
  2. News: 2010 Australia's 40 Richest . 3 June 2012 . Forbes Asia . 3 March 2010 .
  3. News: 2011 Australia's 40 Richest . 8 February 2011 . Forbes Asia . 2 February 2011 . 10 February 2011 . https://web.archive.org/web/20110210001634/http://www.forbes.com/lists/2011/78/australia-billionaires-11_land.html . dead .
  4. News: 2012 Australia's 40 Richest . 3 June 2012 . Forbes Asia . 1 February 2012 .
  5. News: 2013 Australia's 50 Richest. 23 May 2013. Forbes Asia. 1 February 2013 .
  6. News: 2014 Australia's 50 Richest. 30 June 2014. Forbes Asia. January 2014 .
  7. News: 2015 Australia's 50 Richest. 10 June 2015. Forbes Asia. March 2015 .
  8. News: 2016 Australia's 50 Richest. 9 June 2016. Forbes Asia. January 2016 .
  9. News: Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars . 28 September 2019 . Forbes Asia. 1 November 2017 .
  10. Web site: Billionaires 2019: #153 Blair Parry-Okeden . . 2019 . 29 September 2019 .