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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

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

See also

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References

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  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.