Steve Baxter Beaten Zone

Why investors are flocking to this Australian defence fund

“If and when we’re ready to take a cheque, Steve is the first person I’m calling.”

Australia’s 10 Richest People

*Last updated April 8, 2026

1 Gina Rinehart
Gina Rinehart $24.7B No change
2 Harry Triguboff
Harry Triguboff $22.7B No change
3 Andrew Forrest
Andrew Forrest $19.5B ▲ +$263.9M
4 Anthony Pratt
Anthony Pratt $10.8B No change
5 Frank Lowy
Frank Lowy $8.8B No change
6 Cliff Obrecht
Cliff Obrecht $7.6B No change
7 Melanie Perkins
Melanie Perkins $7.6B No change
8 Kerry Stokes
Kerry Stokes $7.1B ▲ +$91.3M
9 Mike Cannon-Brookes
Mike Cannon-Brookes $6.9B ▼ -$158.5M
10 Scott Farquhar
Scott Farquhar $6.5B ▼ -$154.6M

Life

Issue 21

Entrepreneurs

Innovation

BrandVoice

Ideas to Save the Planet

Billionaires

Investing

Leadership