Australia's Real Time Rich List: Top 50 Billionaires Ranked

Live: Australia’s Real-Time Rich List

By Samuel Hussey

The definitive guide to every billionaire in Australia. Browse our real-time rich list to see who’s up, who’s down and who’s a new member of the three-comma club.

Ranked: Australia’s Richest People

54Billionaires

$240.2BCombined Wealth

All figures in USD · · Updated June 4, 2026, 9:10am AEST

▲ Today’s Winners

Kerry Stokes+$124.4M

Mario Verrocchi+$37.4M

Vivek Chaand Sehgal+$36.7M

David Teoh+$22.2M

Sam Gance+$20.8M

▼ Today’s Losers

Mike Cannon-Brookes-$360.5M

Scott Farquhar-$359M

Andrew Forrest-$269M

Brett Blundy-$49.5M

Gerry Harvey-$33.2M

AU Rank GLOBAL	Name	Net Worth	Today’s Change	Industry	Age
#1Global #101	Gina Rinehart	$25.7B—	—	Mining	72
Gina Rinehart $25.7BNet Worth #1AU Rank #101Global Rank MiningIndustry 72Age Australia’s richest citizen, Gina Rinehart, draws her wealth from iron ore. The daughter of iron ore explorer Lang Hancock, Rinehart rebuilt her late father’s financially distressed company, Hancock Prospecting, becoming executive chairwoman in 1992. Hancock’s biggest asset is the Roy Hill mining project, which started shipments to Asia in 2015. Rinehart has made significant investments into rare earth minerals and the gas sector. She’s also Australia’s second-largest cattle producer. In May 2024, Hancock Prospecting and SQM completed the $1.1 billion acquisition of lithium outfit Azure Minerals in western Australia. ▲ Collapse
#2Global #111	Harry Triguboff	$23.6B—	—	Real estate	93
Harry Triguboff $23.6BNet Worth #2AU Rank #111Global Rank Real estateIndustry 93Age Harry Triguboff is one of Australia’s richest people. Born in Dalian, China, to Russian parents, he came to Australia as a teenager. His apartment-tower development company, Meriton, has a strong presence in Sydney, while it also has an imprint in southeast Queensland. He was one of Australia’s first developers to see the potential of apartment living when most of his countrymen aspired to single-family homes. Nicknamed ‘High Rise Harry,’ he has put up more than 79,000 apartments. ▲ Collapse
#3Global #135	Andrew Forrest & family	$20.8B-$269M	-$269M-1.28%	Mining	64
Andrew Forrest & family $20.8BNet Worth #3AU Rank #135Global Rank MiningIndustry 64Age Andrew Forrest founded Fortescue Metals Group in 2003, now transforming into a green energy powerhouse. In 2022, his privately held Squadron Energy paid an estimated A$4 billion for Australia’s biggest wind energy company, CWP Renewables. Forrest and his wife Nicola founded Minderoo Foundation, a philanthropic outfit with an A$9.6 billion endowment. Forrest and Nicola announced their separation in July 2023 after being married for more than three decades. ▲ Collapse
#4Global #330	Anthony Pratt	$10.3B—	—	Manufacturing	66
Anthony Pratt $10.3BNet Worth #4AU Rank #330Global Rank ManufacturingIndustry 66Age Anthony Pratt is the executive chairman of Visy Asia-Pacific, a packaging and recycling business founded by his grandfather in 1948. He also owns Atlanta-based Pratt Industries, the biggest U.S. manufacturer of corrugated cardboard. His sisters Heloise Pratt and Fiona Geminder also hold stakes in Visy and are fellow billionaires. Pratt donated over $10 million to President Donald Trump’s 2024 campaign. ▲ Collapse
#5Global #422	Mike Cannon-Brookes	$8.6B-$360.5M	-$360.5M-4.04%	Software	46
Mike Cannon-Brookes $8.6BNet Worth #5AU Rank #422Global Rank SoftwareIndustry 46Age Mike Cannon-Brookes is cofounder and CEO of collaboration software firm Atlassian, based in Sydney. He and cofounder Scott Farquhar started the company soon after graduating from college, funding it with credit cards. In 2023, he took over Sydney-based renewable energy outfit Sun Cable after a falling out with fellow billionaire Andrew Forrest. He acquired a minority stake in Australian energy company AGL Energy in 2022. In 2023, he separated from Annie, his wife of 13 years. ▲ Collapse
#7Global #440	Scott Farquhar	$8.2B-$359M	-$359M-4.18%	Software	46
Scott Farquhar $8.2BNet Worth #7AU Rank #440Global Rank SoftwareIndustry 46Age Scott Farquhar is cofounder of collaboration software company Atlassian, based in Sydney. He and CEO Mike Cannon-Brookes started the company soon after graduating from college, funding it with credit cards. He stepped down as co-CEO in September 2024 to spend more time with his family. He continues as a board member and advisor. ▲ Collapse
#6Global #411	Frank Lowy	$8.7B—	—	Investments	95
Frank Lowy $8.7BNet Worth #6AU Rank #411Global Rank InvestmentsIndustry 95Age Frank Lowy sold his Westfield Corp. to Unibail-Rodamco in 2018 in a $16 billion deal — Australia’s largest takeover at the time. A Holocaust survivor, Lowy opened his first shopping center in Sydney in 1959, launching what became one of the world’s largest mall businesses. Today the Lowys’ main business is running their family investment house, Lowy Family Group, with offices in New York, Los Angeles and Sydney. ▲ Collapse
#8Global #495	Vivek Chaand Sehgal	$7.8B+$36.7M	+$36.7M+0.47%	Auto parts	69
Vivek Chaand Sehgal $7.8BNet Worth #8AU Rank #495Global Rank Auto partsIndustry 69Age Vivek Chaand Sehgal is the chairman of the $23 billion (revenue) Motherson Group, established with his mother in 1975. His wealth comes chiefly from autoparts flagship Samvardhana Motherson International. The group’s clients include BMW, Ford, Mercedes, Toyota and Volkswagen. ▲ Collapse
#9Global #518	Cliff Obrecht	$7.6B—	—	Software	40
Cliff Obrecht $7.6BNet Worth #9AU Rank #518Global Rank SoftwareIndustry 40Age Cliff Obrecht is cofounder and COO of design software maker Canva, valued at $42 billion in August 2025. Canva was launched in 2013 by Obrecht, now-wife Melanie Perkins and Cameron Adams in Sydney. The couple has pledged to transfer more than 80% of their stake to the Canva Foundation for charitable causes. Canva has attracted 240 million monthly users to its freemium software. ▲ Collapse
#9Global #518	Melanie Perkins	$7.6B—	—	Software	38
Melanie Perkins $7.6BNet Worth #9AU Rank #518Global Rank SoftwareIndustry 38Age Melanie Perkins is cofounder and CEO of design software maker Canva, valued at $42 billion in August 2025. Canva has attracted 240 million monthly users to its freemium software, with 6 million teams from companies like Zoom paying for it. Perkins and husband Cliff Obrecht have pledged to transfer more than 80% of their stake to the Canva Foundation. ▲ Collapse
#11Global #533	Kerry Stokes	$7.4B+$124.4M	+$124.4M+1.70%	Construction equipment, media	85
Kerry Stokes $7.4BNet Worth #11AU Rank #533Global Rank Construction equipment, mediaIndustry 85Age Kerry Stokes built his fortune through SGH (Seven Group Holdings), which has media, construction and mining assets. He started his career selling Caterpillar tractors before moving into media with Seven Group. In 2024, SGH acquired ASX-listed concrete and asphalt maker Boral for A$4.4 billion. His son Ryan Stokes is the CEO and managing director of SGH. ▲ Collapse
#12Global #703	Mario Verrocchi	$5.8B+$37.4M	+$37.4M+0.65%	Pharmacies	68
Mario Verrocchi $5.8BNet Worth #12AU Rank #703Global Rank PharmaciesIndustry 68Age Mario Verrocchi opened the first Chemist Warehouse pharmacy store with brothers Jack Gance and Sam Gance in 2000. Today it has over 600 outlets across Australia, New Zealand, China, Dubai and Ireland. Chemist Warehouse dropped its IPO plan in favour of a merger with ASX-listed Sigma Healthcare, which was completed in February 2025. Verrocchi bought a A$40 million historic seaside mansion in 2020. ▲ Collapse
#13Global #926	John Gandel	$4.6B+$2.2M	+$2.2M+0.05%	Shopping malls	91
John Gandel $4.6BNet Worth #13AU Rank #926Global Rank Shopping mallsIndustry 91Age John Gandel owns half of the southern hemisphere’s largest shopping mall, Chadstone, with more than 500 stores in eastern Melbourne. He also has a big stake in listed property trust Vicinity Centres, which owns the other half of Chadstone, plus other malls and outlets. He first got rich by expanding his Polish immigrant parents’ clothing chain for women, Sussan, now owned by his niece, Naomi Milgrom. He made most of his wealth from the shopping malls he bought from Myer department stores for $37 million in the 1980s. Gandel owns Point Leo Estate in the state of Victoria, which has a 50-acre vineyard and a sculpture park with 60 works. ▲ Collapse
#14Global #969	Angela Bennett	$4.4B—	—	Mining	82
Angela Bennett $4.4BNet Worth #14AU Rank #969Global Rank MiningIndustry 82Age Angela Bennett’s wellspring of wealth is her share of a royalty paid by mining giant Rio Tinto on every ton of iron ore it mines in Western Australia. The royalty was negotiated by her father, Peter Wright, and his partner, Lang Hancock, father of fellow Australian billionaire Gina Rinehart. Bennett holds a major stake in Wright Prospecting, which is in litigation with Rinehart’s Hancock Prospecting over various iron-ore properties. In December 2025 she sold a 15% stake in the Rhodes Ridge iron ore project in western Australia to Japanese giant Mitsui & Co in a $2 billion deal. Bennett’s son Todd Bennett is the executive director of her private investment company AMB Holdings. ▲ Collapse
#15Global #998	Richard White	$4.3B-$69.7M	-$69.7M-1.61%	Software	71
Richard White $4.3BNet Worth #15AU Rank #998Global Rank SoftwareIndustry 71Age Richard White founded software company WiseTech Global in 1994 to help logistics companies manage goods and information across supply chains. Since the company went public in 2016, WiseTech has been recording strong growth in revenue over the years, in part buoyed by acquisitions worldwide. Touted as Australia’s next Atlassian, Sydney-based WiseTech has more than 17,000 customers in 193 countries. Its cloud-based logistics platform, CargoWise One, can automate dozens of steps. In late 2024, White resigned from WiseTech, after 30 years as CEO, following reports of personal scandals. But from February 2025, he has assumed the title of executive chair and chief innovation officer, a role with an initial ten-year tenure. ▲ Collapse
#16Global #1,047	Clive Palmer	$4.1B—	—	Mining	72
Clive Palmer $4.1BNet Worth #16AU Rank #1,047Global Rank MiningIndustry 72Age The ebullient resources player and former member of the Australian Parliament, Clive Palmer became a billionaire in 2019. His fortune soared after a court ordered a flow of iron ore royalties to his company, Mineralogy, to resume. He started Mineralogy in 1984 and has built a portfolio of iron ore, thermal coal and hydrocarbon assets. He also owned Queensland Nickel, which operated a nickel-and-cobalt refinery, but the company collapsed in 2016. Palmer is engaged in litigation with several parties, including Australia’s corporate regulator, the Australian Securities and Investments Commission. ▲ Collapse
#17Global #1,128	Dennis Bastas	$3.8B—	—	Pharmaceuticals	59
Dennis Bastas $3.8BNet Worth #17AU Rank #1,128Global Rank PharmaceuticalsIndustry 59Age Dennis Bastas is chairman and group CEO of Australia-based diversified health and beauty company DBG Health. Bastas was born to Greek parents who migrated to Melbourne in 1960s. He began his career in logistics at retailing giant Coles Myer. In the early 2000s he founded Genepharm Australasia, which he later sold to Watson in 2012 for $252 million. In 2023, Bastas’ DBG Health acquired three companies including Arrotex Pharmaceuticals, the country’s largest pharmaceutical company by market share, for $671 million. In 2025, Bastas sold a stake in DBG Global Enterprises, the holding company of DBG Health, to global merchant bank BDT & MSD Partners for $1 billion, valuing the company at more than $4.7 billion. ▲ Collapse
#18Global #1,130	Cameron Adams	$3.8B—	—	Software	46
Cameron Adams $3.8BNet Worth #18AU Rank #1,130Global Rank SoftwareIndustry 46Age Cameron Adams is cofounder and chief product officer of design software maker Canva, which was valued by private investors at $42 billion in August 2025. An ex-Googler who had founded his own startup in Sydney, Adams was recruited by Melanie Perkins and Cliff Obrecht to be an advisor for Canva. Instead, Adams signed on as the startup’s third cofounder in June 2012. He leads technical development for the company. Canva’s software enables the creation of visuals for things like menus, resumes and Instagram graphics. ▲ Collapse
#19Global #1,137	James Packer	$3.7B—	—	Investments	58
James Packer $3.7BNet Worth #19AU Rank #1,137Global Rank InvestmentsIndustry 58Age James Packer was the largest shareholder of Crown Resorts, which owns casinos in Australia and London. He took over the empire of his late father, Kerry. Packer stepped down from Crown Resorts’ board in March 2018. Four months later, he resigned from the board of his family company, Consolidated Press. Packer’s board exits were reportedly due to mental health issues, following a tough year when Crown exited its Macau and U.S. gambling investments. Packer settled with his older sister Gretel in 2015, agreeing to a division of assets 10 years after their late father’s death. Packer has teamed up with American actor Robert De Niro to build a $500 million resort in Barbuda, aiming to open in early 2026. ▲ Collapse
#20Global #1,164	Jack Gance	$3.7B+$20.5M	+$20.5M+0.56%	Pharmacies	80
Jack Gance $3.7BNet Worth #20AU Rank #1,164Global Rank PharmaciesIndustry 80Age Jack Gance started the Chemist Warehouse pharmacy chain with Mario Verrocchi in 1995 with five pharmacies. Today it has annual revenue of A$3.3 billion and over 600 outlets across Australia, China, Dubai, Ireland and New Zealand. Chemist Warehouse dropped its IPO plan opting for a merger with ASX-listed Sigma Healthcare, which was completed in February 2025. Gance started his first pharmacy business in 1972 with his younger brother Sam Gance. ▲ Collapse
#21Global #1,264	Sam Gance	$3.4B+$20.8M	+$20.8M+0.62%	Pharmacies	76
Sam Gance $3.4BNet Worth #21AU Rank #1,264Global Rank PharmaciesIndustry 76Age Sam Gance started his first pharmacy in 1972 with his brother Jack Gance. He went on to acquire a stake in the Chemist Warehouse pharmacy chain that Jack cofounded with Mario Verrocchi in 1995 with five pharmacies. Today Chemist Warehouse has annual revenue of A$3.3 billion and over 600 outlets across Australia, China, Dubai, Ireland and New Zealand. Chemist Warehouse dropped its plan for an IPO opting for a merger with ASX-listed Sigma Healthcare, which was completed in February 2025. ▲ Collapse
#22Global #1,313	Gerry Harvey	$3.3B-$33.2M	-$33.2M-1.01%	Retail	86
Gerry Harvey $3.3BNet Worth #22AU Rank #1,313Global Rank RetailIndustry 86Age Gerry Harvey is cofounder and executive chairman of furniture and electrical goods chain Harvey Norman. He also controls a property portfolio and owns the Magic Millions racehorse auction market. He describes his wife Katie Page, who runs Harvey Norman, as “the mastermind” of the operation. Harvey Norman has more than 100 company operated stores overseas, in countries like New Zealand, Singapore, Malaysia, Slovenia and the UK. ▲ Collapse
#23Global #1,324	AH Anthony Hall	$3.2B-$7.8M	-$7.8M-0.24%	Technology	70
AH Anthony Hall $3.2BNet Worth #23AU Rank #1,324Global Rank TechnologyIndustry 70Age Anthony Hall cofounded medical imaging firm Pro Medicus in 1983 with Sam Hupert. He is the architect of the company’s core software system and serves as its technical director. Hall is currently working on the next generation of radiology information systems technology. He owns a controlling stake in aquaculture business Yumbah Aquaculture and a minority stake in Clean Seas Seafood. ▲ Collapse
#25Global #1,428	Lindsay Fox	$3B-$0.1M	-$0.1M-0.00%	Logistics, real estate	88
Lindsay Fox $3BNet Worth #25AU Rank #1,428Global Rank Logistics, real estateIndustry 88Age Lindsay Fox owns Linfox, Australia’s biggest private logistics company, with more than 5,000 trucks, including electric vehicles, across 12 countries in the Asia-Pacific region. The company also owns a large industrial property portfolio, a half-share in a business park, two airports and currency-management outfit Armaguard. Fox is no longer involved in day-to-day operations, leaving management to his son Peter, who is executive chairman and runs the logistics business. In January 2025, Linfox International Group acquired Singapore-based logistics company Masindo Logistic for an undisclosed amount to strengthen its foothold across the Asia-Pacific region. ▲ Collapse
#24Global #1,353	SH Sam Hupert	$3.2B-$7.8M	-$7.8M-0.25%	Technology	71
SH Sam Hupert $3.2BNet Worth #24AU Rank #1,353Global Rank TechnologyIndustry 71Age Sam Hupert cofounded medical imaging company Pro Medicus in 1983 with Anthony Hall, who he met at a wine-tasting function. Hupert is a medical doctor but stopped practicing in 1984 to run the company, which started as a medical billing and administrative business. Pro Medicus made its first foray into the American market in 2004 via a licensing deal with digital imaging business Agfa. Today 90% of Pro Medicus’ revenues are generated in North America. ▲ Collapse
#26Global #1,568	Michael Hintze	$2.7B—	—	Investment	72
Michael Hintze $2.7BNet Worth #26AU Rank #1,568Global Rank InvestmentIndustry 72Age In 1999, Michael Hintze started London-based hedge-fund firm CQS, which was led by the flagship Directional Opportunities fund. Hintze sold most of CQS’ assets to Canadian investment firm Manulife in 2024 and started a new firm called Deltroit with his own capital. Born in China to Russian parents, Hintze was raised in Australia and served a 3-year stint in the army before making his way to London in the 1980s. He is a noted supporter of the arts and sciences and was granted Knighthood in 2013 in recognition of his charitable contributions in the U.K. He maintains a connection to his home country through his MH Premium Farms, which owns a portfolio of agricultural properties in Australia. ▲ Collapse
#28Global #1,614	Jack Cowin	$2.6B-$12M	-$12M-0.46%	Fast food	83
Jack Cowin $2.6BNet Worth #28AU Rank #1,614Global Rank Fast foodIndustry 83Age Canadian-born fast-food mogul Jack Cowin built his fortune on burgers, fried chicken and pizza. He founded and chairs Sydney-based Competitive Foods Australia, which operates Burger King’s Australian franchise as Hungry Jack’s. The franchise boasts more than 440 stores and a food-processing division. Cowin is top shareholder of Domino’s Pizza Enterprises, the listed Australian franchisee of the U.S. parent company. He is also the chairman and executive chair of the company. Cowin owns a plant-based meat substitute business called v2food. ▲ Collapse
#27Global #1,613	SC Sam Chong	$2.6B—	—	Mining	83
SC Sam Chong $2.6BNet Worth #27AU Rank #1,613Global Rank MiningIndustry 83Age Malaysian-born Sam Chong is the co-owner of Jellinbah Group, which operates two coal mines in Queensland. Chong trained as a mining engineer in Taiwan before moving to Australia in 1972. Sam and his son Paul are directors at Jellinbah Group. In January 2025, Chong bought Anglo American’s one-third stake in Jellinbah for A$1.6 billion ($1.1 billion); later in June 2025 he sold a 6.7% stake to Japanese conglomerate Marubeni. Chong also owns a string of hotel and office properties in Brisbane. ▲ Collapse
#29Global #2,231	Brett Blundy	$1.9B-$49.5M	-$49.5M-2.59%	Retail, agribusiness	66
Brett Blundy $1.9BNet Worth #29AU Rank #2,231Global Rank Retail, agribusinessIndustry 66Age Brett Blundy is the founder of BBRC, a private investment company which has expanded from its retail roots into property, fund management, agriculture and technology. He sold some property and retail interests in three IPOs. He’s now building a beef cattle empire in northern Australia to feed Asian demand. Fast fashion jewelry retailer Lovisa, which he cofounded in 2010 and boasts 900 stores worldwide, is embroiled in a lawsuit amid allegations of underpayment of staff dating back to 2019. In 2021 Blundy sold key assets, including property fund Aventus, the listed Universal Store as well as the unlisted lingerie chain Honey Birdette to the Playboy Group. ▲ Collapse
#30Global #1,785	Bob Ell	$2.3B—	—	Real estate	81
Bob Ell $2.3BNet Worth #30AU Rank #1,785Global Rank Real estateIndustry 81Age Bob Ell is the founder and executive chairman of Leda Holdings, which owns three shopping malls in Queensland and a fourth in Canberra. He also has large-scale residential land developments in Queensland and New South Wales. He started out in Sydney commercial and industrial real estate in the 1970s. Ell briefly listed Leda Holdings before taking it private in 1990. He has developed more than $3 billion worth of property projects. ▲ Collapse
#31Global #1,857	Ed Craven	$2.2B—	—	Online casino	30
Ed Craven $2.2BNet Worth #31AU Rank #1,857Global Rank Online casinoIndustry 30Age Ed Craven and Bijan Tehrani founded and run Stake.com, believed to be the largest crypto-backed online casino in the world. Stake.com generated $4.7 billion of gross revenue in 2024, despite crypto gambling being unavailable in the United States, United Kingdom and much of Europe. The founders have reinvested its profits into aggressive marketing, putting Stake’s name on Formula 1 cars, English Premier League jerseys, UFC octagons and a new livestreaming service. After Twitch banned Stake from advertising on its platform due to a lack of consumer protections, Craven and Tehrani launched their own competing livestream service, Kick. ▲ Collapse
#32Global #1,893	AB Alexandra Burt	$2.2B—	—	Mining	52
AB Alexandra Burt $2.2BNet Worth #32AU Rank #1,893Global Rank MiningIndustry 52Age Alexandra Burt sold a stake in February 2025 in the family’s Rhodes Ridge iron ore project to Japanese investment company Mitsui. Her sister Leonie Baldock and her aunt Angela Bennett had stakes in the same project and are fellow billionaires. Burt’s grandfather Peter Wright established a mining partnership with mining magnate Gina Rinehart’s father Lang Hancock in the 1950s. Part of her wealth comes from a stake in Wright Prospecting, a privately owned mining firm based in Perth. ▲ Collapse
#33Global #1,947	Fiona Geminder	$2.1B—	—	Manufacturing	61
Fiona Geminder $2.1BNet Worth #33AU Rank #1,947Global Rank ManufacturingIndustry 61Age Fiona Geminder owns a substantial stake in listed plastics-packaging business Pact Group, with her husband Raphael Geminder. She also holds a large stake in her family’s paper packaging and recycling business, Visy Asia-Pacific. She holds the Visy Asia-Pacific stake with her brother Anthony Pratt and sister Heloise Pratt, who are both also billionaires. Pact Group was delisted in 2025 after Raphael Geminder’s holding company, Bennamon Industries, launched a takeover bid in 2023. ▲ Collapse
#35Global #1,959	SL Solomon Lew	$2.1B-$3.8M	-$3.8M-0.18%	Retail	81
SL Solomon Lew $2.1BNet Worth #35AU Rank #1,959Global Rank RetailIndustry 81Age Solomon Lew chairs Melbourne-based Premier Investments, an apparel retailer. The company is the largest shareholder in Australian department store Myer and home appliance maker Breville. Premier’s brands also include the Smiggle stationery store franchise aimed at children, and sleepwear label Peter Alexander. In 2025, Myer bought Premier’s five apparel brands in exchange for new shares issued to Premier. This will create one of the largest retail and apparel companies across Australia and New Zealand. Following the five apparel brands acquisition, Lew will join the board of Myer in April 2026. ▲ Collapse
#34Global #1,958	LB Leonie Baldock	$2.1B—	—	Mining	55
LB Leonie Baldock $2.1BNet Worth #34AU Rank #1,958Global Rank MiningIndustry 55Age Leonie Baldock sold her stake in the Rhodes Ridge iron ore project to Japanese trading and investment company Mitsui in February 2025. Her sister Alexandra Burt and aunt Angela Bennett also had stakes in the same project and are billionaires. Her grandfather Peter Wright established a mining partnership with mining magnate Gina Rinehart’s father Lang Hancock in the 1950s. Part of her wealth comes from a stake in Wright Prospecting, a privately owned mining firm based in Perth. The sisters are embroiled in legal battles with other family members and with mining billionaire Gina Rinehart over royalties from other mines. ▲ Collapse
#36Global #1,974	Robin Khuda	$2.1B—	—	Data centers	46
Robin Khuda $2.1BNet Worth #36AU Rank #1,974Global Rank Data centersIndustry 46Age Robin Khuda is founder and CEO of AirTrunk, a leading data centre provider across the Asia-Pacific and the Middle East. He founded AirTrunk in 2015. Since then it has established data centres in Australia, Hong Kong, Japan, Malaysia, Saudi Arabia, and Singapore. AirTrunk was acquired in 2024 in a $16 billion transaction by a consortium led by global asset manager Blackstone and Canada Pension Plan Investment Board. Khuda retains a small but valuable stake. Before founding AirTrunk he held leadership roles at tech companies such as PIPE Networks, Fujitsu and SingTel Optus. ▲ Collapse
#37Global #2,066	Michael Heine	$2B-$27.5M	-$27.5M-1.35%	Financial services	76
Michael Heine $2BNet Worth #37AU Rank #2,066Global Rank Financial servicesIndustry 76Age Michael Heine started Netwealth in 1999 with his brother Leslie. Michael worked with his father Walter in international financing, mortgage lending and property development, then started a fund management business in 1982. He sold that business and launched Netwealth Group. It went public in 2017 and now has A$100 billion in funds under management. Netwealth provides products and services to financial advisers and individuals. Heine resigned as co-managing director of Netwealth in 2022 but remains a director. His son, Matt, is managing director and CEO. ▲ Collapse
#38Global #2,087	John Van Lieshout	$2B—	—	Real estate	80
John Van Lieshout $2BNet Worth #38AU Rank #2,087Global Rank Real estateIndustry 80Age John Van Lieshout founded and made his fortune from the Super A-Mart furniture chain. He sold it in 2006 but retained the freehold to some stores. His wealth is now underpinned by a large property portfolio that includes shopping malls and offices. He also owns Unison Projects, which has property interests in residential, industrial and commercial assets. He arrived in Australia in 1960 with his parents and 12 siblings, emigrating from the Netherlands. ▲ Collapse
#39Global #2,099	John Hancock	$2B-$0.6M	-$0.6M-0.03%	Mining	50
John Hancock $2BNet Worth #39AU Rank #2,099Global Rank MiningIndustry 50Age John Hancock is the eldest child of Australia’s richest woman, Gina Rinehart. Together with his three sisters, Bianca, Hope and Ginia, he is the beneficiary of a trust that owns a large stake in mining giant Hancock Prospecting. He is involved in a bitter court battle to take control of the trust from his mother and potentially increase their stake. He is a senior adviser at Lind Partners LLC. He also runs his own private investment fund. Hancock disclosed that as of September 2023 it had provided A$5.44 billion for dividends that will be paid after the dispute between Bianca and her brother John against their mother is resolved. ▲ Collapse
#40Global #2,119	Ginia Rinehart	$2B—	—	Mining	39
Ginia Rinehart $2BNet Worth #40AU Rank #2,119Global Rank MiningIndustry 39Age Ginia Rinehart is the youngest child of Australian mining mogul Gina Rinehart. Together with her three siblings, she is the beneficiary of a trust that owns a substantial stake in mining giant Hancock Prospecting. She stayed out of a bitter court battle to wrest control of the trust from her mother. She has a degree in business, majoring in Spanish, from London. Hancock disclosed that as of September 2023 it had provided A$5.44 billion for dividends that will be paid after the dispute between Bianca and her brother John against their mother is resolved. ▲ Collapse
#41Global #2,136	Bianca Rinehart	$2B—	—	Mining	49
Bianca Rinehart $2BNet Worth #41AU Rank #2,136Global Rank MiningIndustry 49Age Bianca Rinehart is the eldest daughter of Australian mining magnate Gina Rinehart and is a trustee of the Hope Margaret Hancock Trust. She replaced her mother as trustee in 2015, after a lengthy court battle. The trust owns nearly a quarter of Gina Rinehart’s Hancock Prospecting, on behalf of her four children. She has a degree in hospitality and hotel management from Flinders University in Adelaide. Hancock disclosed that as of September 2023 it had provided A$5.44 billion for dividends that will be paid after the dispute between Bianca and her brother John against their mother is resolved. ▲ Collapse
#41Global #2,136	HW Hope Welker	$2B—	—	Mining	40

Australia’s only real-time billionaires tracker. Forbes Australia ranks every Australian billionaire by net worth, updated daily with live market data. Public holdings updated every 5 minutes when markets are open. Private company fortunes updated once daily. Source: Forbes Real Time Billionaires List.

Who is Australia’s richest person?

Gina Rinehart is Australia’s richest person, with a net worth of US$25.7 billion. The Hancock Prospecting executive chairwoman built her fortune on the iron ore deposits of Western Australia first explored by her father, Lang Hancock, and has since expanded into rare earths, gas and cattle.

Who is Australia’s youngest billionaire?

At 30, Ed Craven is Australia’s youngest billionaire. He cofounded Stake.com, the crypto-backed online casino that generated $4.7 billion in gross revenue in 2024, despite being unavailable in the US, UK and much of Europe.

Who is Australia’s oldest billionaire?

Frank Lowy, 95, is Australia’s oldest billionaire. The Holocaust survivor opened his first Sydney shopping centre in 1959 and grew Westfield into one of the world’s largest mall businesses before selling it to Unibail-Rodamco in 2018 for $16 billion.

Who is Australia’s richest tech billionaire?

Mike Cannon-Brookes is Australia’s richest tech billionaire, worth US$8.6 billion. He cofounded Atlassian with Scott Farquhar shortly after graduating from university, funding the collaboration software company with credit cards. It is now one of the most valuable technology companies in the world.

Methodology

Forbes’ Real-Time Billionaires ranking tracks the daily ups and downs of the Australia’s richest people. The wealth-tracking platform provides ongoing updates on the net worth and ranking of each individual confirmed by Forbes to be a billionaire. The value of individuals’ public holdings are updated every 5 minutes when respective stock markets are open (there will be a 15-minute delay for stock prices). Individuals whose fortunes are significantly tied to private companies will have their net worths updated once a day. Major private companies are adjusted according to an industry- or region-specific market index provided by our partners at FactSet Research Systems when available. Our biggest gainer and biggest loser data compares billionaires’ fortunes to the previous trading day’s market close.

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