Elon Musk is officially a trillionaire

Rocketmaker SpaceX began trading on the Nasdaq Friday, boosting Musk’s fortune to an estimated $1.1 trillion.

Australia’s Richest People

56 Billionaires in Australia· $239.5B Combined Wealth· $52B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Andrew Forrest, +$394.4M· Biggest Loser (24 hrs): Mario Verrocchi, -$90.5M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $25.0B· 56 Billionaires in Australia· $239.5B Combined Wealth· $52B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Andrew Forrest, +$394.4M· Biggest Loser (24 hrs): Mario Verrocchi, -$90.5M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $25.0B

Top Ten

Total Wealth: $124.8B Up $471.9M
1Gina Rinehart
Gina Rinehart$25.0BNo change
2Harry Triguboff
Harry Triguboff$22.9BNo change
3Andrew Forrest
Andrew Forrest & family$19.3B▲ +$394.4M
4Anthony Pratt
Anthony Pratt$10.5BNo change
5Frank Lowy
Frank Lowy$8.8BNo change
6Mike Cannon-Brookes
Mike Cannon-Brookes$7.9B▼ -$29.3M
7Vivek Chaand Sehgal
Vivek Chaand Sehgal$7.6B▲ +$139.1M
8Scott Farquhar
Scott Farquhar$7.6B▼ -$32.3M
9Cliff Obrecht
Cliff Obrecht$7.6BNo change
10Melanie Perkins
Melanie Perkins$7.6BNo change

*Last updated June 13, 2026. All figures are in USD.

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