Financial Review Rich List 2023

The Financial Review Rich List 2023 is the 40th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 26 May 2023.

This article is about the Financial Review Rich List published in 2023. For general information about the list, see Financial Review Rich List.

The net worth of the wealthiest individual, Gina Rinehart, was $37.41 billion; while the net worth of the 200th wealthiest individual, Bob Rose and his wife, Margaret, and their family, was $690 million; up from $640 million for the 200th individual in 2022. The combined wealth of the 200 individuals was calculated as $563 bn, an increase of $9 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the BRW Rich 200 commenced.[1][2] Thirty-six women were included on the 2023 Rich List, representing 18 percent of the list; down from thirty-nine women in 2021, or 19.5%. The list included six debutants.[1][3]

Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual since 2020.[4] From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ranked fourth in the 2021 Rich List, after Andrew Forrest,[2] Australia's wealthiest individual in 2008,[5][6] and Mike Cannon-Brookes. Harry Triguboff was Australia's wealthiest individual in 2016,[7][8] ranked fourth in the 2023 Rich List.[1]

List of individuals
2023[1] Name Citizenship Source of wealth 2022
Rank Net worth
A$ bn		 Rank Net worth
A$ bn
1 37.41 Gina RinehartAustraliaHancock Prospecting; investment1 34.00
2 33.29 Andrew ForrestAustraliaFortescue Metals Group2 30.70
3 24.30 Anthony Pratt and familyAustraliaVisy; Pratt Industries5 24.30
4 23.80 Harry TriguboffAustraliaMeriton Apartments6 21.20
5 23.66 Clive PalmerAustraliaMineralogy and other mining interests; hospitality7 19.50
6 19.01 Mike Cannon-BrookesAustraliaAtlassian3 27.80
7 18.16 Scott FarquharAustraliaAtlassian4 26.40
8 13.60 Ivan GlasenbergAustralia[9]
South Africa
Switzerland[10]		Glencore commodities trading9 12.20
9 13.18 Melanie Perkins and Cliff ObrechtAustraliaCanva8 13.80
10 9.33 Sir Frank LowyAustraliaex-Westfield; property10 9.30
11 9.11 Richard WhiteAustraliaTechnology15 6.30
12 7.45 Kerry StokesAustraliaProperty; Seven West Media; resources12 7.00
13 6.59 Cameron AdamsAustraliaCanva13 6.90
14 6.51 Alan Wilson and familyAustraliaReece Group14 6.60
15 6.33 John GandelAustraliaProperty (shopping centres)16 6.20
16 5.81 Lang WalkerAustraliaWalker Corporation (property)20 5.00
17 5.22 Len Ainsworth and familyAustraliaGaming; manufacturing11 7.70
18 4.95 James PackerAustraliaCrown Resorts; Consolidated Media Holdings17 6.00
19 4.90 Hui Wing MauChina
Australia[11]		Shimao Property22 4.80
20 4.63 Angela BennettAustraliaMining21 5.00
21 4.43 Chau Chak WingAustraliaProperty; investments23 4.50
22 4.36 Jack CowinAustraliaCompetitive Foods Australia; investment19 5.20
23 4.35 Lindsay FoxAustraliaLinfox; property24 4.20
24 4.20 Vivek Chaand SehgalAustraliaMotherson Sumi Systems18 5.90
25 3.97 Solomon LewAustraliaPremier Investments; retail25 4.20
26 3.95 Morry Fraid, Zac Fried and familyAustraliaRetail; property33 3.20
27 3.90 Laurence EscalanteAustraliaGaming35 3.00
28 3.90 Terry SnowAustraliaCapital Airport Group; property29 3.60
29 3.85 Alexandra Burt and Leonie BaldockAustraliaResources26 4.20
30 3.71 Greg Goodman and familyAustraliaGoodman Group; property30 3.60
31 3.50 Michael HodgsonAustraliaProperty34 3.10
32 3.42 Andrew BudzinskiCyprusIC Markets; financial services27 4.20
33 3.35 Lachlan MurdochUnited States
United Kingdom
Australia[12]		Media28 4.00
34 3.33 Brett BlundyAustraliaRetail; property; agriculture31 3.30
35 3.11 Ed CravenAustraliaGamingn/anot listed
36 3.06 Tony Perich and familyAustraliaAgriculture; property; So Natural, Narellan Town Centre37 2.80
37 2.91 Gerry Harvey and Katie PageAustraliaHarvey Norman32 3.30
38 2.88 Stephen, Richard and Michael Hains and family[note 2]AustraliaInvestment36 2.90
39 2.78 Kie Chie Wong, Ann Lim and familyMalaysiaInvestor; resources39 2.78
40 2.76 Betty Klimenko, Monica Weinberg-Saunders and familyAustraliaProperty40 2.70
41 2.72 John Van LieshoutAustraliaRetail41 2.70
42 2.67 Michael Heine and familyAustraliaFinancial services38 2.80
43 2.63 Sam Kennard and familyAustraliaKennards Self Storage55 2.00
44 2.60 Maurice Alter and familyAustraliaRetail42 2.60
45 2.57 Prudence MacLeodAustraliaNews Corporation and News UK44 2.60
46 2.47 Ginia RinehartAustraliaHancock Prospecting47 2.20
47 2.44 John HancockAustraliaHancock Prospecting45 2.43
48 2.43 Bob EllAustraliaProperty46 2.40
49 2.42 Bianca RinehartAustraliaHancock Prospecting48 2.20
50 2.42 Hope WelkerAustraliaHancock Prospecting49 2.20
51 2.38 Jack GanceAustraliaChemist Warehouse; retail73 1.60
52 2.35 Mario VerrocchiAustraliaChemist Warehouse83 1.50
53 2.31 Shaun BonéttAustraliaPrecision Group; property61 1.90
54 2.27 Chris ThomasAustraliaAgriculture74 1.60
55 2.25 Chris EllisonAustraliaResources64 1.80
56 2.23 Marcus Besen and familyAustraliaRetail52 2.20
57 2.23 Sam ArnaoutAustraliaHospitality; property63 1.89
58 2.14 Nick PolitisAustraliaRetail; property50 2.20
59 2.13 Bruce MathiesonAustraliaGaming; investments51 2.20
60 2.10 Sir Michael HintzeAustralia
United Kingdom		Retail; investment53 2.20
61 2.09 Gretel PackerAustraliaCrown Resorts; investment56 2.00
62 2.09 Ye LipeiAustraliaProperty54 2.20
63 2.08 Russell Withers and familyAustraliaRetail57 2.00
64 2.02 Gary Tieck and family[note 1]AustraliaProperty; investment58 2.00
65 2.00 Nigel AustinAustraliaCotton On Group; retail59 2.00
66 2.00 Manny Stul and familyAustraliaMoose Toys; retail60 2.00
67 1.97 John Casella and familyAustraliaAgriculture; Casella Family Brands71 1.70
68 1.94 Alan RydgeAustraliaRydges Hotels & Resorts; Event Cinemas62 1.90
69 1.93 Tim RobertsAustraliaEx-Multiplex; investment75 1.60
70 1.92 Jonathan Munz and familyAustraliaManufacturing65 1.80
71 1.91 Khalil Shahin and familyAustraliaRetail66 1.80
72 1.91 Sam ChongAustraliaResources; hotels127 1.10
73 1.87 Trevor LeeAustraliaAgriculture76 1.60
74 1.86 Paul Salteri and familyAustraliaInvestment67 1.80
75 1.85 Anthony HallAustraliaTechnology94 1.40
76 1.83 Paul LittleAustraliaToll Holdings69 1.80
77 1.82 Maha SinnathambyAustraliaResidential property68 1.80
78 1.79 Eddie HirschAustraliaUnited Petroleum77 1.60
79 1.78 Avi SilverAustralia78 1.60
80 1.78 Paul LedererAustraliaEx-Primo smallgoods; investment95 1.40
81 1.75 Sam HupertAustraliaTechnology107 1.30
82 1.70 David and Vicky TeohAustraliaTelecommunications43 2.60
83 1.69 Sam TarascioAustraliaProperty72 1.69
84 1.62 Peter GunnAustraliaLogistics; investment; property79 1.60
85 1.59 Sam and Andrew Buckeridge and familyAustraliaBuckeridge Group of Companies89 1.50
86 1.57 Ralph SarichAustraliaInvestment; property80 1.60
87 1.57 Nechama Werdiger and familyAustraliaProperty81 1.60
88 1.57 Imelda Roche[note 3]AustraliaRetail84 1.50
89 1.56 Sandy Oatley and familyAustraliaAgriculture; property; tourism114 1.20
90 1.53 John Borg and Michael BorgAustraliaManufacturingn/anot listed
91 1.50 Phillip Dong Fang LeeAustralia[13]Property development85 1.50
92 1.49 Nick Andrianakos and familyAustraliaProperty122 1.10
93 1.49 John Richards and familyAustraliaWaste management92 1.49
94 1.44 Chris MorrisAustraliaComputershare; financial services; hospitality102 1.40
95 1.47 Andy Kennard and familyAustraliaKennards Hire96 1.40
96 1.46 Dale ElphinstoneAustraliaElphinstone Group; mining services97 1.40
97 1.45 Mark CreasyAustraliaResources86 1.50
98 1.45 Arthur LaundyAustraliaHotels93 1.40
99 1.43 Judith NeilsonAustraliaInvestment98 1.40
100 1.42 John KahlbetzerAustraliaAgriculture103 1.40
101 1.41 Alex WaislitzAustraliaInvestment82 1.51
102 1.39 Justin and Bettina Hemmes and familyAustraliaHotels; property128 1.10
103 1.35 Peter FreedmanAustraliaRøde Microphones; manufacturing186 0.701
104 1.34 Robert Millner and familyAustraliaWashington H Soul Pattinson; investment104 1.40
105 1.32 Robert BastasAustraliaRetail, manufacturing138 0.990
106 1.31 Con Makris and familyAustraliaProperty121 1.20
107 1.31 Nicholas Paspaley and familyAustraliaPaspaley Pearls108 1.30
108 1.30 Raphael GeminderAustraliaManufacturing87 1.50
109 1.28 Ervin Vidor and Charlotte VidorAustraliaProperty; hotels112 1.28
110 1.27 Larry KestelmanAustraliaDodo Services; telecommunications123 1.10
111 1.26 Nick MolnarAustraliaAfterpay; technology90 1.50
112 1.26 Anthony EisenAustralia91 1.50
113 1.26 Reg and Hazel RoweAustraliaSuper Retail Group; property115 1.20
114 1.25 Laurie SuttonAustraliaRetail143 0.938
115 1.24 Marnie Lewis-Millar, Shay Lewis-Thorp and familyAustraliaProperty139 0.964
116 1.24 Kerr NeilsonAustraliaFinancial services111 1.30
117 1.24 Dick HonanAustraliaManildra Group116 1.20
118 1.24 Raymond Barro and Rhonda BarroAustraliaConstruction70 1.80
119 1.24 Jack ZhangAustraliaFinancial services; Airwallex180 0.732
120 1.23 Lyn Ingham and familyAustraliaEx-Inghams Enterprises; manufacturing113 1.20
121 1.22 Brian FlanneryAustraliaResources117 1.20
122 1.22 Trevor St BakerAustraliaEnergy88 1.50
123 1.20 Charles GibbonAustraliaTechnology130 1.00
124 1.15 Naomi MilgromAustraliaSussan; Sportsgirl; Suzanne Grae118 1.20
125 1.14 Rod Spooner and familyAustraliaProperty; Caribbean Gardens124 1.10
126 1.11 James Ferguson and Robert FergusonAustraliaTechnology131 1.00
127 1.10 Rod DukeAustraliaBriscoe Group119 1.20
128 1.10 Robin KhudaAustraliaTechnology189 0.655
129 1.10 Sam PrinceAustraliaZambrero; retail125 1.10
130 1.09 Tim GoyderAustraliaResources155 0.848
131 1.08 Ryan and Sam KroonenburgAustraliaTechnology129 1.08
132 1.08 Will VicarsAustraliaFinancial services109 1.30
133 1.07 Bruce GordonAustraliaMedia110 1.30
134 1.06 Max BeckAustraliaProperty157 0.825
135 1.06 Nick DiMauroAustraliaProperty132 1.00
136 1.06 Ian MaloufAustraliaWaste services167 0.784
137 1.06 Neville CrichtonAustraliaRetail163 0.798
138 1.05 Huang Bingwen and familyAustraliaManufacturing105 1.40
139 1.04 Peter Scanlon and familyAustraliaPatrick Corporation; logistics, investment126 1.10
140 1.03 Megan Wynne and Bruce BellingeAustraliaHuman services99 1.40
141 1.00 Arnold VitoccoAustraliaProperty133 1.00
142 0.995 Spiros AlysandratosAustraliaTravel; property137 0.995
143 0.990 Lloyd WilliamsAustraliaProperty; thoroughbreds141 0.948
144 0.989 Greg CoffeyUnited StatesFinancial services154 0.862
145 0.972 Theo KaredisAustraliaRetail; property140 0.952
146 0.969 Sunny Ngai and familyAustraliaManufacturing148 0.895
147 0.966 Kim CannonAustraliaFinancial servicesn/anot listed
148 0.950 Douglas ClarkeAustraliaManufacturing100 1.40
149 0.950 Grant PettyAustraliaManufacturing101 1.40
150 0.947 Denis Wagner and familyAustraliaConstruction; mining services135 1.00
151 0.943 Michael GreggAustraliaTechnology190 0.648
152 0.935 Harry Stamoulis and familyAustraliaManufacturing144 0.935
153 0.913 Peter Hughes and familyAustraliaAgriculture164 0.795
154 0.912 Tim GurnerAustraliaProperty145 0.929
155 0.907 Shirley Costa and familyAustraliaAgriculture149 0.889
156 0.901 Joy Chambers-Grundy[note 1]AustraliaMedian/anot listed
157 0.900 Jamuna Gurung and Shesh GhaleAustraliaMelbourne Institute of Technology136 1.00
158 0.885 Neil Rae and familyAustraliaEx-Gull Petroleum150 0.888
159 0.885 Andrew RobertsAustraliaEx-Multiplex; property134 1.00
160 0.875 Robert WhyteAustraliaInvestment146 0.925
161 0.862 Tony WallsAustraliaTechnology120 1.20
162 0.860 Mick PowerAustraliaInvestment179 0.740
163 0.856 Tania AustinAustraliaRetail159 0.814
164 0.852 Roy MedichAustraliaProperty152 0.878
165 0.850 Gordon Fu and familyAustraliaProperty142 0.945
166 0.844 Allan MyersAustraliaInvestment; agriculture151 0.883
167 0.832 Diane Burger and familyAustraliaProperty158 0.818
168 0.828 Richard SmithAustraliaFood services165 0.790
169 0.823 Michael BoydAustraliaSonic Healthcare178 0.744
170 0.822 Don McDonald and familyAustraliaAgriculture160 0.813
171 0.820 John SingletonAustraliaMedia; investment; property170 0.768
172 0.804 George KepperAustraliaTechnology; property168 0.781
173 0.800 Zareh NalbandianAustraliaEntertainmentn/anot listed
174 0.799 Cyan and Collis Ta'eed and familyAustraliaTechnology147 0.913
175 0.785 Paul FudgeAustraliaResources169 0.769
176 0.780 Andrew and Michael BuxtonAustraliaProperty172 0.764
177 0.780 John SymondAustraliaEx-Aussie Home Loans162 0.800
178 0.778 Joanna Horgan and Peter WetenhallAustraliaRetail182 0.725
179 0.788 George KoukisSwitzerlandSoftware166 0.788
180 0.766 David Tudehope and Aiden TudehopeAustraliaMacquarie Telecom156 0.842
181 0.763 Kerry HarmanisAustraliaResources171 0.766
182 0.755 Tony DennyAustraliaRetail; property175 0.749
183 0.755 Maree IsaacsAustraliaTechnologyn/anot listed
184 0.748 Peter BarberAustraliaManufacturingn/anot listed
185 0.747 Christian BeckAustraliaTechnology153 0.869
186 0.740 Tony Tarak and familyAustraliaServices181 0.727
187 0.734 Rhonda Wyllie and familyAustraliaInvestment173 0.758
188 0.734 John HigginsAustraliaInvestment; services174 0.750
189 0.730 Zig Inge and familyAustraliaProperty183 0.714
190 0.729 Kim McKendrick and familyAustraliaEx-Godfrey Hirst Carpets177 0.746
191 0.721 Kevin Seymour and familyAustraliaProperty176 0.747
192 0.721 Terry PeabodyAustraliaEx-Transpacific; investment188 0.698
193 0.718 Shangjin Lin and family, Yunhui LinAustraliaProperty161 0.807
194 0.710 Peter CooperAustraliaFinancial services185 0.703
195 0.710 Robert MagidAustraliaProperty184 0.710
196 0.700 Garry RothwellAustraliaProperty187 0.700
197 0.700 John WinningAustraliaRetailn/anot listed
198 0.695 Nicole Kidman and Keith Urban[note 1]AustraliaEntertainmentn/anot listed
199 0.693 Gerry RyanAustraliaManufacturingn/anot listed
200 0.690 Bob Rose and Margaret Rose and family[note 1]AustraliaPropertyn/anot listed

Removed from the 2023 list

The following individuals, who appeared on the Financial Review Rich List 2022, did not appear on the 2023 list:

Notes
  • ^1 : Individual was listed on a previous year's list, that was not the 2022 Rich List.[14]
  • ^2 : Previous years' listing was in the name of David Hains. Hains died on 22 January 2023.[15]
  • ^3 : Previous years' listing was in the joint names of Bill and Imelda Roche. Bill Roche died on 30 June 2022.[16]

See also

References
  1. Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  2. Kruger, Colin (30 October 2020). "What crisis? Red dirt billionaires still rule the rich list". Sydney Morning Herald. Retrieved 31 October 2020.
  3. Sprague, Julie-anne; Bailey, Michael (28 October 2020). "Meet the debutants storming up the Rich List". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  4. Jackson, Sally (23 May 2012). "The $29.17 billion woman: Gina Rinehart tops BRW's Rich List". The Australian. Retrieved 23 May 2012.
  5. Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". News.com.au. Australia. Australian Associated Press. Retrieved 27 July 2011.
  6. "BRW Rich 200 2011 Wealth Index". BRW. Australia. 25 May 2011. Archived from the original on 28 September 2011. Retrieved 27 July 2011.
  7. Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200". Australian Financial Review. Australia. Retrieved 7 June 2016.
  8. Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News. Australia. Retrieved 7 October 2019.
  9. Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Archived from the original on 9 October 2019. Retrieved 8 October 2019.
  10. Glasenberg, Ivan (5 May 2013). "Letztlich macht es keine Differenz, ob Ihr Vermögen eine Milliarde beträgt oder sechs". SonntagsZeitung (Interview) (in German). Interviewed by Martin Spieler. Archived from the original on 6 May 2013. Retrieved 30 September 2019.
  11. Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Archived from the original on 26 July 2014. Retrieved 17 July 2014.
  12. Jukes, Peter (2012). The Fall of the House of Murdoch: Fourteen Days That Ended a Media Dynasty. London: Unbound. ISBN 978-1-908717-43-6.
  13. Chenoweth, Neil (21 March 2022). "Star witness fights ATO disclosure order after $272m tax bill". Australian Financial Review. Retrieved 16 June 2023.
  14. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  15. Bailey, Michael; Thomson, James (23 January 2023). "James Packer, Lloyd Williams lead tributes to David Hains". Australian Financial Review. Retrieved 23 January 2023.
  16. "William ROCHE Death Notice - Sydney, New South Wales". Sydney Morning Herald. Retrieved 5 November 2022.
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