Australia is one of the strongest economies in the world. The country is known for diverse nature, booming Industries, and stable financial conditions. Many rich people have resulted from the heavy industrialization and emergence of strong and economy friendly policies. There are many multi-billionaires listed in Australia and here are the top 10 richest people in Australia.
10. Andrew Forrest
The mining tycoon, Andrew Forest is a self-made billionaire. He started his own mining company as Anaconda Nickel in 1994. The company is now known as Minera Resources. He also founded Fortescue Metals Group. His current net worth is $1.64 billion.
9. Kerr Neilson
He is the co-founder of Platinum Asset management. He is often compared with Warren Buffett. The multi billionaire still holds more than 55% of the company’s stake and is currently having $2.7 billion of net worth.
8. Lindsay Fox
He is the owner of Linfox, a logistic company which is country’s biggest privately held logistic company as well. The presence of his company is seen in 10 countries. He is however not involved in the day to day operations. His net worth as of now is $3 billion.
7. Anthony Pratt
He is an inspiration for many businessmen around the world. His grandfather Leon started the Packaging and Recycling business back in 1948. However, since he has taken up the responsibility from his father in 2009, the company has raised thrice in just 6 years. His current net worth is $3.5 billion.
6. John Gandel
Son of Polish immigrants’ parents, John now owns largest shopping malls in Australia. The Chandstone which is present in Melbourne is one of the biggest shopping places in the world. He currently has $3.6 billion net worth.
5. James Packer
He is the king of Gaming Empire and has multiple casinos in Australia. He currently owns the Crown Ltd and joint venture Melco Crown Entertainment. He was inherited with $5 billion business. His net worth as of now is $4.3 billion.
4. Ivan Glasenberg
He is the CEO of commodities king Glencore. His net worth has significantly increased after a merger with Xstrata. He is one of the most inspiring self made billionaires in the world. His current net worth is $4.7 billion.
3. Frank Lowy
He is the Shopping Mall tycoon and has as many as 47 shopping malls only in Australia and New Zealand. He also has 44 other shopping malls in The US and in Europe under the brand name of Westfield Corp. His net worth as of now is $4.7 billion.
2. Harry Triguboff
The Real Estate tycoon, Harry is one of the pioneers in this field. He is one of the biggest apartment makers in Australia. He started his journey with Textile before moving to Properties. His present worth is $5 billion.
1. Gina Rinehart
The daughter of pioneering Lang Hancock, Gina is now the Queen of the field. She has successfully managed the Iron and Core Industries Hancock Prospecting. She owns 70% of the stakes and has a worth of $11.5 billion currently.
The leaders of various industries in Australia have an immense contribution towards the country and they are still progressing.