This is also known as Online Behavioural Advertising. With at least 80 of the hotels he jointly owns shut in Victoria, Bruce Mathieson says its the worst times hes seen. PROUDLY KIWI OWNED & OPERATED | EST. @media (max-width:1024px){.fVFFaP.fVFFaP{-webkit-column-count:3;column-count:3;height:150px;}}/*!sc*/ Picture: The Australian/Supplied. The billionaire Fortescue chairman will pour big sums into his Minderoo Foundation after another big payday. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. Founders Melanie Perkins and Cliff Obrecht cracked the Rich Lists top 10 as their simplified graphic design platform collects masses of active users on par with the population of Italy. is the biggest annual study of Australias 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in mid-February 2022. and a team of researchers and journalists. He provided a loan to back her APM growth plans nearly two decades ago. Has Aussie billionaire created the next tech unicorn? Anthony Pratt, who is #3 on the list inherited Visy, the paper company founded by his late father, Richard. By the end of April it had resumed its run towards a record-breaking $US200 a tonne, adding $3 billion to Rineharts wealth, almost $2 billion to Forrests and further billions for the likes of Clive Palmer and Angela Bennett. @media (max-width:767px){.bTWqPM.bTWqPM{-webkit-column-count:2;column-count:2;height:200px;}}/*!sc*/ Another Australian-made software-as-a-service gaining global ubiquity is Canva. Harry Triguboff in his office at Meriton. According to The Australians Rich List for 2022, mining magnate Gina Rinehart is the richest person in Australia. .dkDJIp{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-box-pack:start;-webkit-justify-content:flex-start;-ms-flex-pack:start;justify-content:flex-start;-webkit-align-items:stretch;-webkit-box-align:stretch;-ms-flex-align:stretch;align-items:stretch;padding:0;}/*!sc*/ This years edition of The List - Australias Richest 250 will show how mining and technology are now the countrys two most successful sectors. Thats a jump from $377 billion to $470 billion. No less than 19 of the top 250 wealthy individuals on the 2020 list - a healthy eight percent - have large investments somewhere in the red meat and livestock supply chain. Markets plunged in March last year, but it has been smooth sailing ever since for some of the biggest names in Australian business. Considered the most comprehensive study of the wealthiest Australians, The List is curated and edited by wealth expert John Stensholt and a team of researchers and . The market was up 25 per cent, and has come down since then. Just get in and get started.. The Canva founders were rejected by more than 100 investors before they got their first yes. Business was different in those days, he says. Secretive fund manager buys into Warner Music and increases the short positions of its flagship fund by 20pc. The Mineralogy founder and United Australia leader lays claim to $18.35 billion in assets, up from $9.76 billion recorded in the 2021 Richest 250 list. According to The Australian's Rich List for 2022, mining magnate Gina Rinehart is the richest person in Australia. Records includes the following current or recent matches: India v Australia at Indore, 3rd Test, Mar 1-5, 2023 [ Test # 2496 - Live] India 72/3 (26.1 ov, RA Jadeja 3*, CA Pujara 33*, NM Lyon 2/24) India v Australia at Delhi, 2nd Test, Feb 17-19, 2023 [ Test # 2493] India v Australia at Nagpur, 1st Test, Feb 9-11, 2023 [ Test # 2490] Readers . As Gray mentioned, technology was the other big winner on The List this year, helping to push 29 debutante entrants onto the list. RELATED: Billions worth of properties at high risk of erosion and rising seas, Castle for sale has moat, medieval games room, Sydneys golden decade of up to 700 per cent property growth.iIzLHM{font-size:1.5rem;font-family:"Pangea","Helvetica Neue",Helvetica,Arial,sans-serif;line-height:2.25rem;font-weight:600;font-variation-settings:"XTDR" 0,"APRT" 0,"SPAC" 0;margin:0;}/*!sc*/ data-styled.g520[id="style__SEODisclaimerText-sc-1j6h7ak-2"]{content:"cfSGoo,"}/*!sc*/ The List also features Atlassian founder Mike Cannon-Brookes at number four with $9.01billion, Frank Lowy at number six with $8.92billion and mining magnate Andrew Twiggy Forrest at number eight with $7.34billion. Despite a downbeat profit forecast, Atlassians billionaire founders say theyve survived major downturns and have a plan for this one. The richest Australian in 20212 is none-other than mining magnate Gina Rinehart. They are calculated using publicly available data and confidential consultation with the list members. log in. Despite the pandemic, some sectors retail in particular have done incredibly well and created a surge in new wealth on The List., The front cover of The List. She has also illustrated several childrens books. Kerry Stokes $7.43 billion 14. Andrew Forrest - better known as "Twiggy" - is the current non-executive chairman of Fortescue Metals Group. Bennett is one of a record 39 women 18 per cent of the 220 people on the list (it includes several couples). Clive Palmer $18.35 billion 8. The Dicker Data founder is one of dozens of Richest 250 members to have lost money this year. We are guided by a deceptively simple, old idea: tell the truth and shame the devil. He just edges out Gina Rinehart with $13.12billion, the richest of all 27 women on The List. How dark moments gave birth to vast Canva fortune, Newcomers: The 29 wealthy debutants making their mark, One service station was never going to be enough, Tech guru Richard Whites plan to give back, How snowmobile approach made Bonett a billionaire, Simple lessons in David Dickers 25-year overnight success, Gina Rinehart tops The List as NFT revolution takes off, Cars and politics fuel Clive Palmers passion play, High flyers: Private jets the new toy of choice, find out more about our policy and your choices, including how to opt-out here. See The List: Australia's Richest 250 Prezzee is now the company in Bonett's portfolio with the biggest potential, and valuation, but he has long been investing in technology startups and other fields outside property. Hes setting up a new technology education foundation to get the ball rolling. The results have been startling. Frank Lowy $8.90 billion 12. Australia's top 10 richest people revealed Australia's top 10 richest people revealed View Gallery Gina Rinehart has been named the nation's richest person in the Australian's 2022 The List: Australia's Richest 250. Virtual Gaming Worlds founder Laurence Escalante has joined The List - Australia's Richest 250 for the first time, worth an eye-watering $2.15billion. Headed by Richest 250 member Fung Lam, New Aim is an Australian e-commerce success story, which is seeking external capital for the first time to bolster growth. Thats up from 12 per cent in 2020 and comes after we unearthed more wealth through the inaugural Financial Review Rich Women List, published in March. Heres how it works: While much of the wealth accumulated by Australias richest people is subject to anonymity,The Australians list takes into account net worth calculations based on public records. @media (max-width:1024px){.gfNauG.gfNauG{max-width:658px;padding:0;}}/*!sc*/ NSW dominated the next most popular spots for the richest 250 to live, with Point Piper (12), Vaucluse (11), Mosman Park (6). They wind down in various ways, from the sporty to the leisurely or just collecting ritzy houses. Hes one of Australias richest people with a fortune of $866million, but property developer Jonathan Hallinan says its lonely at the top. [1] Crikey acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. From 10 to one, here are the richest Australians of 2022. As John Stensholt, Editor The List rightly points out, the explosion of wealth in the technology secure has been a driving catalyst for new rich listers. Theyre not exactly destitute, but these 12 prominent billionaires have had a cool $40bn wiped from their wealth as tech stocks and other industries suffer big falls. Forget fast cars, super yachts or luxury houses. .bTWqPM.bTWqPM a{font-size:0.75rem;line-height:1rem;font-family:"Pangea","Helvetica Neue",Helvetica,Arial,sans-serif;font-variation-settings:"XTDR" 50,"APRT" 100,"SPAC" 40;font-weight:400;color:var(--ck-textSecondary);}/*!sc*/ The average wealth on the list is $2.08 billion with 131 billionaires on the list, last year the average wealth was $1.88 billion. Can restaurant king Justin Hemmes take on Melbourne? The Canva founders were rejected by more than 100 investors before they got their first yes. Andrew Forrest $31.77 billion 3. Ruslan Kogan isnt entirely joking when he admits his $1.5bn business is really a data analytics company masquerading as an online retailer. Cannon-Brookes has been very active in the last few years buying up homes, after dropping $100 million on the stunning Fairwater mansion, and also spending $24.5 million on Jen Hawkins Newport home. The $1.5 billion business is pushing a global expansion. Online gift card billionaire and commercial property magnate Shaun Bonett says there are very few people who invent things. In addition to acquiringR.M. The List has been compiled using publicly available information. Whats the point of media rich lists these days? Picture: Supplied. Billionaire Scott Farquhar is worth $21.95bn. It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business pay staff well, hire more women and stay out of the way. Cliff Obrecht $15.89 billion 9. The Crikey comment section is members-only content. Dr Jerry Schwartz is attempting to develop a helipad atop his 38-level hotel in Darling Harbour to support tourism and business. Picture: The Australian. The popular veteran stockpicker will take a carrot and stick approach to the LICs he has targeted that are trading below their asset value. Big names in property have made a splash in this years list of Australias richest 250 people. According to the latest statistics revealed in The Australian's Richest 250 List, these are the ten richest people in Australia.. 1. Importantly, the report reveals that wealth in Australia has surged, with a record 29 new names making the list this year, the youngest of which beingAfterpay guru Nick Molnar, who at just 32-years-old is the countrys youngest self-made billionaire. An internal audit has confirmed cameras linked to the Chinese government had been installed within the heart of the ABC. Mr Hallinan, who lives in a luxury penthouse with a rooftop pool on Melbournes St Kilda Rd, plans to launch a yoga, meditation and pilates brand later this year and has invested in a restaurant on the site of the former Grandmaster Records studio in Hollywood. Theres work to do for this 97-year-old who heads into the office each weekday. Privacy Policy. The Australian today announced Gina Rinehart has taken out top spot on its third annual edition of The List: Australia's Richest 250 which will be published in The Weekend Australian tomorrow as a special 84-page magazine.. And its little surprise that our richest people call some of the countrys ritziest regions home, with the most popular suburb for those on the list to live being Toorak in Melbourne, with 20 people owning property there. James Packer got a $100m parting gift from brother Lawrence Ho as the Hong Kong magnate walked away from Crown. Managing $12bn of assets around the world, Peter Cooper has built a multi-million dollar fortune for himself and his clients. Despite the pandemic, some sectors retail in particular have done incredibly well and created a surge in new wealth on The List. English soccer a new and increasingly lucrative arm of Australian bankings millionaires factory. If it sounds too good and big to be true, unstoppable property developer Lang Walker knows its the project for him as he loves nothing more than proving the doubters wrong. Despite being the only member of the top 10 to lose wealth this year, Rinehart continued to benefit from the major boost in iron ore prices. data-styled.g521[id="style__TabContent-sc-1j6h7ak-3"]{content:"bTWqPM,fVFFaP,"}/*!sc*/ After that, property kicks into play. We aggregate real estate news and property news so you have one place to visit for all your property news. The total combined. For the second year running, the booming price of Australian iron ore has put Gina Rinehart at No. Tech unicorn Laurence Escalante, who got his first job at Hungry Jacks, is now a billionaire at just 39 thanks to the stunning success of his online game business. Bron is also the founder of parenting website Mumlyfe, which shares stories and advice for mums of older kids. Australia's very rich got even richer in the last year. We recognise that their sovereignty has never been ceded. Scott Farquhar $25.99 billion 6. But they dont hold back when they are asked about their tips for staying fit. , with a fortune of $32.64 billion. So who has bought one? This fact was buried deep on page 82 of the papers glossy magazine insert, The List. Dont try to time the market, says Gray. However, its profits and earnings per share continue to rise, so Harper and Machaalani may yet become another stalwart tech duo of the Rich List. Billions worth of properties at high risk of erosion and rising seas, Sydneys golden decade of up to 700 per cent property growth, Partys finished: Why this citys real estate boom is over. DespiteMolnars early success,the average age of Australias richest people remains unsurprisingly high at 65 years of age, while among the 250 members of the rich list, there were only 30 women. propertynoise.co.nz is about sharing all things real estate and property inNew Zealand(and a bit of Australia and International too). The wealthy can be highly secretive. According to sources, the showbiz couple are worth a staggering $250 million . More shopping from home means more business for Visy and US-based Pratt Industries, which turn the delivery boxes we throw out into new boxes. The latest Australias Richest 250 deep-dive reveals that more of Australias wealthiest made their money in property than in any other sector. Their fortunes passed $20 billion for the first time as the remote-work revolution pushed their paying customer base above 200,000. Don't have an account? Chairman Perry Gunner declares the healthfoods company is experiencing not its finest hour. WATCH, Cigarette smugglers six-bedroom home seized, AUSSIES FORCED INTO SELLING: Huge new rate blow for homeowners and buyers, Housing downturn gathers steam | CoreLogic NZ, He sometimes struggled to pay staff, but owns a $4m holiday home, Toy billionaire Anna Mowbray and Ali Williams secret weapon in new home build, Grand Designs New Zealand | Medieval Castle WATCH, Inside Gilda Kirkpatricks wedding cake Auckland home, Billionaire Graeme Hart gets on housing development bandwagon, THE ANCIENT STONE CITY: Proof of NZ civilisation before Kupe. Feeding all this megabyte consumption is one of the 18 debutants on this years list, Robin Khuda, whose brassy bets on building massive data centres across the Asia-Pacific some with electricity substations has built his AirTrunk into a $5 billion concern. "It is a bit of a 'wow' moment," Kestelman explains to The List - Australia's Richest 250 during a tour of Capitol Grand, which opened the doors to its exclusive Azure Club in mid-March. Both these companies seemingly came out of nowhere (though we all know deep-down these start-ups worked their guts out). Records includes the following current or recent matches: India v Australia at Indore, 3rd Test, Mar 1-3, 2023 [Test # 2496 - Live] Australia 78/1 (18.5 ov, M Labuschagne 28*, TM Head 49*, R Ashwin 1/44) - Match over But who did best of all? Each day, many times a day, every daywe update the site to ensure we have your property and real estate news in one handy place. 2019 marked the eighth time that Rinehart had headed the list. Fairwater in Point Piper was purchased by tech-billionaire Mike Cannon-Brookes. WiseTechs Richard White wants to beef up Australias STEM capacity. And he has just one simple rule for long-term success. The businesswoman swelled her personal wealth to AUD$32.64 billion, up from AUD$36.28 billion last year. But there are others also making big money in fashion. Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. data-styled.g519[id="style__SEOFooterContainer-sc-1j6h7ak-1"]{content:"gfNauG,"}/*!sc*/ Its been fun uncovering the new names coming up amongst the old guard of The List and sharing their stories.. The businesswoman swelled her personal wealth to AUD$32.64 billion, up from AUD$36.28 billion last year. Rich lister Shaun Bonett is best known for his property holdings, but another venture thats cashing in on the online shopping boom may well be his gift that keeps on giving. Australias rich lost a lot of money in 2022 and it could get worse for some billionaires this year, but others could buck the trend. Gina Rinehart tops this years edition of The List, with a fortune of $32.64 billion. Compiled by media publicationThe Australian, the Richest 250 list shines a light on how the other half lives. Mike Cannon-Brookes $26.20 billion 5. The hottest trophy asset for Australias rich elite right now is a $100m jet. The eighth and ninth positions are where the . We aggregate real estate news and property news so you have one place to visit for all your property news. Im sure you didnt expect the Murdoch media to go all Thomas Piketty with their rich list, but here we are. Follow the topics, people and companies that matter to you. Back in October 202o,IBISWorldestimated revenue at Rineharts Hancock Prospecting to havesurged more than 23 per centto almost $11 billion, making it the nations biggest private company. Foreign Affairs Minister Penny Wong had some stern words for China over any role it might play in the war in Ukraine. Although best known for his mining interests, Forrest is also a keen philanthropist focusing on improving living standards of Indigenous Australians and ending modern slavery. The richest Australian in 20212 is none-other than mining magnateGina Rinehart. This year's list, compiled by The Australian, features a large number of powerbrokers from the property industry, with the highest entrant - Harry Triguboff - ranking at number six overall on the list with an eye-popping total wealth of $20.81 billion. Listed company valuations are calculated in mid-April. All the real estate news and property news comes from a variety of property news sites whom do a superb job. Copyright 2023 Private Media Pty Ltd. Publishers of Crikey. The combined wealth of the country's 50 richest swelled to $213 billion, a hefty 70% jump from 2019 when we last published the list. Property developers have generally fared better this year other than those heavily concentrated on city hotels and apartments as low interest rates reinflate a boom that never really went away. The List is the biggest annual study of Australias 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in late February 2022. The Australian unveils its second annual list of Green Power Players in 2023, Ticky Fullerton leaves The Australian for CEO role at Australian British Chamber of Commerce, Christopher Dore steps down as editor in chief of The Australian, Bianca Chatfield a key member of Fox Netball team for season 2022. data-styled.g589[id="styles__PlaylistStackContainer-sc-1gcgg89-1"]{content:"iwiQAo,"}/*!sc*/ However, despite strong competition from her adversaries and a spate of new entrants, the richest Australian of 2022 was a familiar face, with Hancock Prospecting chairmanGina Rineharttaking out the title. He used to work at Hungry Jacks. The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country, with final wealth figures calculated in late February 2022. The List Australia's Richest 250 is published in The Weekend Australian today and is also available online. Mike Cannon-Brookes $26.20 billion 5. Property News Real Estate News. Melanie Perkins now one of Australias three wealthiest women after her tech sensation Canva rose in value to $8.77bn. Clive Palmer $4.51b (mining) Bianca Rinehart $4.49b . Lang Walker $5.03 billion 18. of Canva reach the top 10 for the first time as wealth surges and 29 fresh faces appear in the overall list this year. New-age businesses and technology start ups are going to make the list here and there, but property is always going to be there, he says. Of the 250 people who made the list, the average wealth sat around AUD$2.08 billion, up from AUD$1.88 billion last year. The 43-year-old is the founder of property group BPM, which has residential and commercial developments in Brisbane and Melbourne, and hes now working on projects in Los Angeles. Gina Rinehart $32.64 billion 2. The List: Australias Richest 250 is published in The Australian. is releasing a collection of non-fungible token (NFT) artworks to help raise funds for the St Vincent de Paul Societys Flood Appeal. Ivan Glasenberg $9.10 billion 11. Tania Austin, the owner of Decjuba, is one of the most impressive new names on The List Australias Richest 250 this year. Summing up his achievement, Mr Pratt quotes Van Halen leader singer David Lee Roth: Money cant buy you happiness, but it can buy you a yacht big enough to pull up right alongside it., See the The List Australias Richest 250 in full in a special 84-page magazine in The Weekend Australian today, To join the conversation, please .fVFFaP.fVFFaP a{font-size:0.75rem;line-height:1rem;font-family:"Pangea","Helvetica Neue",Helvetica,Arial,sans-serif;font-variation-settings:"XTDR" 50,"APRT" 100,"SPAC" 40;font-weight:400;color:var(--ck-textSecondary);}/*!sc*/ The face of philanthropy is changing, as wealthy donors draw on values often inculcated in them as children and align themselves with like-minded organisations. March 24, 2022 - 11:25AM. Harry Triguboff is one guy who knows the value of holding his wealth in property. 1. Register, Join the conversation, you are commenting as Logout. One of Australia's most celebrated immigrant success stories, Triguboff has built an empire on the back of Australia's soaring demand for high-rise residential buildings. We aggregate real estate news and property news so you have one place to visit for all your property news. Online gift card billionaire and commercial property magnate Shaun Bonett says there are very few people who invent things. The billionaire still has more than $3bn of property assets after converting a sheep paddock into a huge office precinct. Technology has well and truly impacted The List, and in recognition of this changing of the guard, The Australian is releasing a collection of non-fungible token (NFT) artworks to help raise funds for the St Vincent de Paul Societys Flood Appeal. At home in Sandringham? data-styled.g601[id="styles__Top5VideoTitle-sc-6t66k5-3"]{content:"gPAVgb,"}/*!sc*/ Price companies are valued using profit margins and various earnings ratios of comparable stock market listed competitors. The Australian is also releasing a collection of non-fungible token (NFT) artworks. Of course for every debutant, somebody must fall off the Rich List. Billionaire property developer and Richest 250 lister Lang Walker cant handle people using COVID as an excuse.. So who has bought one? This years list has more members from the technology sector than ever before but some of the so-called older industries, such as manufacturing, showed resilience. The Australians editor-in-chief Christopher Dore said: Most of the top 250 wealthiest Australians are collectors, whether it be of art, supercars, or spectacular property. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. The average fortune of Australias 250 richest people is $1.27 billion, and their combined wealth equals almost $320billion. The valuations are undertaken by the Rich List editors and an analyst and are minimum estimates. An elite clutch of start-up founders is getting richer more quickly than ever, adding $30bn since March as wealth shifts from old industries to new sectors. This is the 39th Financial Review Rich List, which ranks Australias 200 wealthiest citizens by their net worth. He says it has taken relentless drive and 21 years of being completely committed at all cost to reach the point hes at now. We simply refer/ link you to their sites and we make no claim to their material. Harry Triguboff $20.81 billion 7. Nick Politis - $2.12b Proud Kytherian, Nick Politis AM, is a prominent businessman and Chairman of Sydney-based NRL team, Sydney Roosters. Its been fun uncovering the new names coming up amongst the old guard of. Despite the troubles, four of Rinehearts kids are there (John #32, Bianca #33 and Ginia #34), as are the Packer (James #18 and Gretel #60) and a smattering of Murdoch (Lachlan #21 and Prudence #48) offspring. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. @media (max-width:767px){.hzYKFv.hzYKFv{margin:2.5rem 0 0 0;}}/*!sc*/ Property was the highest money-making sectors from the list, with 59 people on the list making their mint in the property sector. @media (max-width:1024px){.juvbvE.juvbvE{display:block;}.juvbvE.juvbvE > *:not(:last-child){margin:0 0 24px 0;}.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE.juvbvE ul{margin-right:0;}}/*!sc*/ F45 collapse around Australia. Roundup: Foxtel to pay back workers + Southern Cross selling TV assets. Keep informed with what is happening with property and real estate in New Zealand. She managed to double her wealth in a single year (last year she had a paltry $16.25b). Keep informed with what is happening with Celebrity Property across the globe. Anthony Pratt & family $27.77 billion 4. Mike Cannon-Brookes (Technology) - $27.83 billion 2021 Rank: 3 It has also helped create a record number of new names on The List, with 29 debutants. With his business booming, COVID-19 has billionaire Anthony Pratt making the transition from corporate jets to Zoom chats. Find out more about our policy and your choices, including how to opt-out. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. That's the finding of The List: Australia's Richest 250, a compilation of the nation's wealthiest people compiled and published in The Australian. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. We aggregate real estate news and property news so you have one place to visit for all your property news. If you found 2020 a tough year, youre obviously not rich enough. Joanna Horgan, Peter Wetenhall, Cliff Obrecht, Melanie Perkins and Tania Austin. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business pay staff well, hire more women and stay out of the way. The property market is improving but wont return to previous heights until migration numbers improve, the billionaire says. If Bevan Slatterys has big plans: to pull off what will be the largest private digital infrastructure project in Australias history. However, Rinehart admitted late April that the record prices could not last as lower-cost countries with higher-grade resources brought on supply. The NFTs are tokens attached to digital artworks created by illustrator, , who has a long career in media as a graphic designer and art director. The List - Australia's Richest 250. Andrew Forrest $31.77 billion 3. We hope that our NFT artworks of the top 20 Richest 250 on, has this year risen to a total wealth of $520.20 billion, at an average of $2.08 billion for each of the 250 members. Harvey Norman is flying for the billionaire, but he has had less luck with some of his other investments. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. .juvbvE.juvbvE button > svg{color:var(--ck-textPrimary);}/*!sc*/ data-styled.g2[id="Text__Typography-sc-vzn7fr-0"]{content:"fXyRBz,cQHgKU,kFEOrG,kZwljE,fknxLk,cWpmdi,iIzLHM,"}/*!sc*/ Queensland billionaire Clive Palmer owns dozens of mansions on the Gold Coast and plenty of gold. Can restaurant king Justin Hemmes take on Melbourne? The perfect time to enter the property market was early last year when everyone was scared off by COVID. It should not be relied on as finance or tax advice. The hottest trophy asset for Australias rich elite right now is a $100m jet. Picture: Aaron Francis/The Australian The list is topped by Anthony Pratt, who has a whopping $13.14 billion in the bank. People make money in property and, perhaps even more importantly, people hold money in property.. The spectacular success of Gina Rineharts Roy Hill mine has been almost 30 years in the making, with some nailbiting moments along the way | THE LIST: Australias Richest 250. This fact was buried deep on page 82 of the paper's glossy magazine insert, The List. data-styled.g487[id="Stack__StackContainer-sc-12grjm-0"]{content:"dkDJIp,"}/*!sc*/