Financial Review Rich List 2021

The Financial Review Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 27 May 2021.

This article is about the Financial Review Rich List published in 2020. For general information about the list, see Financial Review Rich List.

The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. The combined wealth of the 200 individuals was calculated as $479.6 bn, an increase of $55.6 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-nine women were included on the 2021 Rich List, representing 19.5 percent of the list; up from thirty women in 2020, or 12 percent. The list included eighteen debutants.[3][4]

Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual in 2020.[1][5] 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,[6][7] and Mike Cannon-Brookes. Harry Triguboff was Australia's wealthiest individual in 2016,[8][9] ranked sixth in the 2021 Rich List.[3]

List of individuals
2021[3] Name Citizenship Source of wealth 2020[1]
Rank Net worth
A$ bn		 Rank Net worth
A$ bn
1 31.06 Gina Rinehart AustraliaHancock Prospecting; investment1 28.89
2 27.25 Andrew Forrest AustraliaFortescue Metals Group2 23.00
3 20.18 Mike Cannon-Brookes AustraliaAtlassian5 16.93
4 20.09 Anthony Pratt and family AustraliaVisy Industries; Pratt Industries3 19.75
5 20.00 Scott Farquhar AustraliaAtlassian6 16.69
6 17.27 Harry Triguboff AustraliaMeriton Apartments7 14.42
7 13.01 Clive Palmer AustraliaMineralogy and other mining interests; hospitality8 9.18
8 11.70 Hui Wing Mau People's Republic of China
 Australia[10]		Shimao Property4 18.06
9 8.51 Sir Frank Lowy Australiaex-Westfield; property9 8.30
10 7.98 Melanie Perkins and Cliff Obrecht AustraliaCanva26 3.43
11 7.86 Alan Wilson and family AustraliaReece Group12 4.93
12 7.39 Ivan Glasenberg Australia[11]
 South Africa
  Switzerland[12]		Glencore commodities trading16 4.54
13 7.18 Kerry Stokes AustraliaProperty; Seven West Media; resources10 6.26
14 5.80 John Gandel AustraliaProperty (shopping centres)11 5.45
15 5.72 James Packer AustraliaCrown Resorts; Consolidated Media Holdings13 4.69
16 5.04 Len Ainsworth and family AustraliaGaming; manufacturing18 4.42
17 4.94 Jack Cowin AustraliaCompetitive Foods Australia; investment17 4.51
18 4.76 Vivek Chaand Sehgal AustraliaMotherson Sumi Systems14 4.63
19 4.70 Richard White AustraliaTechnology20 4.10
20 4.57 Chau Chak Wing AustraliaProperty; investments15 4.60
21 4.48 Lang Walker AustraliaWalker Corporation (property)19 4.27
22 4.43 Lachlan Murdoch United States
 United Kingdom
 Australia[13]		Media22 3.76
23 4.37 Solomon Lew AustraliaPremier Investments; retail24 3.72
24 4.13 Angela Bennett AustraliaMining21 3.83
25 4.01 Lindsay Fox AustraliaLinfox; property23 3.72
26 3.96 Andrew Budzinski CyprusIC Markets; financial services58 1.67
27 3.96 Alexandra Burt and Leonie Baldock AustraliaResources25 3.62
28 3.20 Gerry Harvey and Katie Page AustraliaHarvey Norman31 2.57
29 3.19 Morry Fraid, Zac Fried and family AustraliaRetail; property72 1.41
30 2.99 Greg Goodman and family AustraliaGoodman Group; property46 2.02
31 2.89 David Hains AustraliaInvestment28 2.93
32 2.80 Prudence MacLeod AustraliaNews Corporation and News UK36 2.24
33 2.79 Michael Heine and family AustraliaFinancial services53 1.83
34 2.69 Tony Perich and family AustraliaAgriculture; property43 2.05
35 2.68 Laurence Escalante AustraliaGamingn/anot listed
36 2.67 Nick Molnar AustraliaAfterpay; technology50 1.86
37 2.66 Betty Klimenko, Monica Weinberg-Saunders and family AustraliaProperty29 2.73
38 2.66 Anthony Eisen AustraliaAfterpay; technology51 1.86
39 2.65 Brett Blundy AustraliaRetail; property; agriculture37 2.20
40 2.55 David and Vicky Teoh AustraliaTelecommunications32 2.54
41 2.53 Kie Chie Wong, Ann Lim and family Malaysia[3]Investor; resources44 2.04
42 2.53 Terry Snow AustraliaCapital Airport Group; property27 3.19
43 2.49 John Van Lieshout AustraliaRetail45 2.03
44 2.40 John Hancock AustraliaHancock Prospecting40 2.05
45 2.34 Michael Hodgson AustraliaProperty33 2.33
46 2.32 Maurice Alter and family AustraliaRetail34 2.31
47 2.31 Bianca Rinehart AustraliaHancock Prospecting39 2.05
48 2.31 Ginia Rinehart AustraliaHancock Prospecting42 2.05
49 2.31 Hope Welker AustraliaHancock Prospecting41 2.05
50 2.30 Gretel Packer AustraliaCrown Resorts; investment56 1.77
51 2.26 Cameron Adams AustraliaCanva104 1.00
52 2.21 Sir Michael Hintze GCSG, AM Australia
 United Kingdom		Retail; investment30 2.60
53 2.05 Marc Besen and family AustraliaRetail35 2.24
54 2.02 Nick Politis AustraliaRetail; property79 1.31
55 1.98 Bob Ell AustraliaProperty47 1.98
56 1.98 Gary Tieck and family[note 1] AustraliaProperty; investmentn/anot listed
57 1.93 Nigel Austin AustraliaCotton On Group; retail49 1.92
58 1.90 Russell Withers and family AustraliaRetail55 1.79
59 1.85 Ye Lipei AustraliaProperty48 1.95
60 1.82 Jack Gance AustraliaChemist Warehouse; retail93 1.10
61 1.81 Bruce Mathieson AustraliaGaming; investments63 1.54
62 1.79 Jonathan Munz and family AustraliaManufacturing60 1.59
63 1.79 Mario Verrocchi AustraliaChemist Warehouse98 1.06
64 1.78 Maha Sinnathamby AustraliaResidential property76 1.35
65 1.76 Sam and Andrew Buckeridge and family AustraliaBuckeridge Group of Companies54 1.79
66 1.72 Paul Salteri and family AustraliaInvestment57 1.69
67 1.71 Paul Little AustraliaToll Holdings59 1.67
68 1.63 John Casella and family AustraliaAgriculture62 1.57
69 1.60 Manny Stul and family AustraliaMoose Toys; retail119 0.835
70 1.58 Tim Roberts AustraliaEx-Multiplex; investment52 1.86
71 1.55 Judith Neilson AustraliaInvestment69 1.44
72 1.55 Alan Rydge AustraliaRydges Hotels & Resorts; Event Cinemas80 1.30
73 1.55 Kerr Neilson AustraliaFinancial services73 1.38
74 1.54 Robert Millner and family AustraliaWashington H Soul Pattinson; investment89 1.16
75 1.54 Sam Tarascio AustraliaProperty64 1.53
76 1.53 Khalil Shahin and family AustraliaRetail61 1.58
77 1.50 Alex Waislitz AustraliaInvestment65 1.49
78 1.45 Chris Wallin AustraliaQCoal; resources70 1.43
79 1.44 Peter Gunn AustraliaLogistics; investment; property71 1.42
80 1.44 Raymond Barro and family AustraliaConstruction66 1.48
81 1.44 Eddie Hirsch AustraliaUnited Petroleum77 1.32
82 1.42 Avi Silver Australia78 1.32
83 1.39 Paul Lederer AustraliaEx-Primo smallgoods; investment75 1.36
84 1.36 Anthony Hall AustraliaTechnology122 0.820
85 1.35 Chris Thomas AustraliaAgriculture74 1.37
86 1.32 Sam Hupert AustraliaTechnology134 0.761
87 1.29 Chris Ellison AustraliaResources103 1.00
88 1.27 Arthur Laundy AustraliaHotels181 0.584
89 1.27 John Richards and family AustraliaWaste management86 1.19
90 1.27 Raphael Geminder AustraliaManufacturing97 1.06
91 1.26 Con Makris and family AustraliaProperty82 1.25
92 1.26 Nicholas Paspaley and family AustraliaPaspaley Pearls83 1.25
93 1.24 Chris Mackay AustraliaFinancial services68 1.46
94 1.23 Hamish Douglass AustraliaFinancial services67 1.47
95 1.22 Bill Roche and Imelda Roche AustraliaRetail84 1.21
96 1.21 Nechama Werdiger and family AustraliaProperty85 1.20
97 1.21 Justin Hemmes AustraliaHotels; property101 1.00
98 1.19 Reg and Hazel Rowe AustraliaSuper Retail Group; property88 1.17
99 1.18 Lyn Ingham and family AustraliaEx-Inghams Enterprises; manufacturing87 1.17
100 1.18 Huang Bingwen and family AustraliaManufacturing81 1.28
101 1.17 Shaun Bonétt AustraliaPrecision Group; property99 1.06
102 1.17 Trevor Lee AustraliaAgriculture100 1.02
103 1.16 Sandy Oatley and family AustraliaAgriculture; property; tourism90 1.13
104 1.16 Sam Kennard and family AustraliaKennards Self Storagen/anot listed
105 1.15 John Kahlbetzer AustraliaAgriculture92 1.10
106 1.13 Sam Chong AustraliaResources; hotels91 1.12
107 1.10 Ralph Sarich AustraliaInvestment; property94 1.08
108 1.09 Denis Wagner and family AustraliaConstruction; mining services102 1.00
109 1.06 Dale Elphinstone AustraliaElphinstone Group; mining services96 1.08
110 1.06 Dick Honan AustraliaManildra Group95 1.08
111 1.01 Jamuna Gurung and Shesh Ghale AustraliaMelbourne Institute of Technology105 0.994
112 0.997 Gordon Fu and family AustraliaProperty106 0.992
113 0.995 Peter Scanlon and family AustraliaPatrick Corporation107 0.983
114 0.939 Andy Kennard and family AustraliaKennards Hiren/anot listed
115 0.933 Naomi Milgrom AustraliaSussan; Sportsgirl; Suzanne Grae125 0.795
116 0.925 Chris Morris AustraliaComputershare; financial services; hospitality108 0.922
117 0.907 Rod Spooner and family AustraliaProperty109 0.904
118 0.904 Ervin Vidor and Charlotte Vidor AustraliaProperty; hotels115 0.866
119 0.903 Lloyd Williams AustraliaProperty; thoroughbreds110 0.896
120 0.902 Laurie Sutton AustraliaRetail113 0.884
121 0.874 Marnie Lewis-Millar, Shay Lewis-Thorp and family AustraliaProperty120 0.834
122 0.871 Joy Chambers-Grundy AustraliaMedia114 0.871
123 0.870 Bruce Gordon AustraliaMedia111 0.892
124 0.869 Rod Duke AustraliaBriscoe Group123 0.802
125 0.867 Will Vicars AustraliaFinancial services176 0.608
126 0.858 Nick Andrianakos and family AustraliaPropertyn/anot listed
127 0.857 Mark Creasy AustraliaResources116 0.853
128 0.844 Tony Walls AustraliaTechnology128 0.783
129 0.843 Shangjin Lin and family, Yunhui Lin AustraliaProperty117 0.839
130 0.837 Andrew Roberts AustraliaEx-Multiplex; property121 0.827
131 0.834 Allan Myers AustraliaInvestment; agriculture127 0.791
132 0.827 Spiros Alysandratos AustraliaTravel; property124 0.798
133 0.825 Theo Karedis AustraliaRetail; property131 0.775
134 0.820 Roy Medich AustraliaPropertyn/anot listed
135 0.800 John Symond AustraliaEx-Aussie Home Loans112 0.891
136 0.790 Harry Stamoulis and family AustraliaManufacturing126 0.793
137 0.787 Cyan and Collis Ta'eed and family AustraliaTechnology130 0.777
138 0.786 Shirley Costa and family[note 2] AustraliaAgriculture132 0.770
139 0.785 Larry Kestelman AustraliaDodo Services; telecommunications135 0.760
140 0.770 Peter Cooper AustraliaFinancial services137 0.754
141 0.763 Arnold Vitocco AustraliaProperty136 0.758
142 0.748 Nick DiMauro AustraliaProperty144 0.721
143 0.745 Brian Flannery AustraliaResources138 0.740
144 0.737 Neil Rae and family AustraliaEx-Gull Petroleum139 0.733
145 0.736 Robert Whyte AustraliaInvestment141 0.731
146 0.735 Jonathan Hallinan AustraliaProperty145 0.720
147 0.731 John Singleton AustraliaMedia; investment; property142 0.728
148 0.729 Ian Malouf AustraliaWaste services147 0.703
149 0.727 Trevor St Baker AustraliaEnergy149 0.699
150 0.725 Travers Duncan AustraliaResources; property140 0.732
151 0.724 David Dicker AustraliaTechnologyn/anot listed
152 0.723 Sunny Ngai and family AustraliaManufacturing197 0.547
153 0.721 Tania Austin AustraliaRetailn/anot listed
154 0.710 Kevin Seymour and family AustraliaProperty163 0.662
155 0.706 Peter Hughes and family AustraliaAgriculture151 0.694
156 0.705 George Koukis  SwitzerlandSoftware146 0.715
157 0.704 Richard Smith AustraliaFood services148 0.702
158 0.700 Garry Rothwell AustraliaProperty175 0.611
159 0.697 Ori Allon United StatesTechnology150 0.695
160 0.693 Greg Poche AustraliaEx-StarTrack155 0.687
161 0.692 Kerry Harmanis AustraliaResources154 0.690
162 0.688 Robyn Denholm AustraliaTechnologyn/anot listed
163 0.687 Michael Boyd AustraliaSonic Healthcare152 0.693
164 0.681 Christian Beck AustraliaTechnology153 0.691
165 0.679 Tony Tartak and family[note 1] AustraliaWaste; Bingo Industriesn/anot listed
166 0.677 Owen Kerr AustraliaFinancial services173 0.617
167 0.676 Kim McKendrick and family AustraliaEx-Godfrey Hirst Carpets158 0.683
168 0.672 Paul Fudge AustraliaMedia157 0.684
169 0.670 Diane Burger and family AustraliaProperty160 0.667
170 0.668 Greg Coffey United StatesFinancial services164 0.655
171 0.665 George Kepper AustraliaTechnology; property156 0.684
172 0.664 Max Beck AustraliaProperty161 0.665
173 0.663 Don McDonald and family AustraliaFinancial services169 0.639
174 0.658 Joanna Horgan and Peter Wetenhall AustraliaRetailn/anot listed
175 0.657 Zig Inge and family AustraliaProperty166 0.645
176 0.655 Megan Wynne and Bruce Bellinge AustraliaHuman servicesn/anot listed
177 0.652 Andrew and Michael Buxton AustraliaProperty165 0.646
178 0.650 Rhonda Wyllie and family AustraliaInvestment171 0.632
179 0.648 Robert Magid AustraliaProperty162 0.664
180 0.647 Terry Peabody AustraliaEx-Transpacific; investment167 0.644
181 0.646 David Tudehope and Aiden Tudehope AustraliaMacquarie Telecomn/anot listed
182 0.639 Jack Bendat AustraliaProperty170 0.634
183 0.632 Fiona Tudor Brown AustraliaTechnologyn/anot listed
184 0.631 John Higgins AustraliaInvestment; services172 0.629
185 0.627 David Paradice United StatesFinancial services174 0.613
186 0.626 Tah-nee and Simon Beard AustraliaRetailn/anot listed
187 0.611 Barry Lambert and family AustraliaFinancial services168 0.643
188 0.610 Zeljko Ranogajec Isle of ManGaming179 0.600
189 0.609 Tim Gurner AustraliaProperty185 0.581
190 0.607 Bob Rose AustraliaProperty177 0.605
191 0.605 Neville Bertalli[note 1] AustraliaRetailn/anot listed
192 0.600 Robin Khuda AustraliaTechnologyn/anot listed
193 0.598 Larry Diamond AustraliaZip Co; technology194 0.552
194 0.597 Charles Gibbon AustraliaTechnology183 0.587
195 0.596 Paul Blackburne AustraliaProperty187 0.579
196 0.695 Jina Chen and Alex Wu AustraliaHealthcare159 0.680
197 0.594 Judy Brinsmead AustraliaConstruction180 0.594
198 0.593 Wes Maas AustraliaConstructionn/anot listed
199 0.592 Grant Petty AustraliaManufacturingn/anot listed
200 0.590 Douglas Clarke AustraliaManufacturingn/anot listed
Legend
Icon Description
Has not changed from the previous year's list
Has increased from the previous year's list
Has decreased from the previous year's list

Removed from the 2021 list

The following individuals, who appeared on the Financial Review Rich List 2020, did not appear on the 2021 list:

2020[1] Name Citizenship Source of wealth Reason
(other than financial)
Rank Net worth
A$ bn
38 2.13 Peter, Andrew and Lex Greensill Australia
 United Kingdom		Financial services; agricultureGreensill scandal[14][15][16][17]
118 0.817 Eddie Machaalani AustraliaTechnology
129 0.780 Mitchell Harper AustraliaTechnology
133 0.764 Diana and Rino Grollo AustraliaPropertyParts of Grocon were placed in administration in November 2020[18][19]
143 0.724 Paul Baiada and family AustraliaManufacturing; food production
178 0.601 Leon Kamenev AustraliaEx-Menulog; technology
182 0.588 Gary Johnston AustraliaJaycar; retail
184 0.585 Tony Haggarty AustraliaMining
186 0.580 Jiwan and Suman Mohan AustraliaAgriculture
188 0.575 Ruslan Kogan AustraliaKogan.com; technology
189 0.569 Geoff Lord AustraliaResources
190 0.564 Bevan Slattery AustraliaTechnology
191 0.560 Tony Poli AustraliaResources; property
192 0.556 Gordon Martin AustraliaManufacturing
193 0.554 Grahame Mapp AustraliaInvestment
195 0.550 Cathie Reid and Stuart Giles AustraliaHelathcare
196 0.549 Andrew Abercrombie AustraliaFinancial services
198 0.546 Danny Hill MonacoProperty
199 0.545 Scott Hutchinson and family AustraliaConstruction
200 0.540 Nigel Satterley AustraliaSatterley; property

Notes
  • ^1 : Individual was listed on a previous year's list, that was not the 2020 Rich List.[20]
  • ^2 : Previous years' listing was in the name of Frank Costa who died on 2 May 2021.[21]

See also

References
  1. Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  2. Kruger, Colin (30 October 2020). "What crisis? Red dirt billionaires still rule the rich list". Sydney Morning Herald. Retrieved 31 October 2020.
  3. Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  4. 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.
  5. Jackson, Sally (23 May 2012). "The $29.17 billion woman: Gina Rinehart tops BRW's Rich List". The Australian. Retrieved 23 May 2012.
  6. Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". News.com.au. Australia. Australian Associated Press. Retrieved 27 July 2011.
  7. "BRW Rich 200 2011 Wealth Index". BRW. Australia. 25 May 2011. Archived from the original on 28 September 2011. Retrieved 27 July 2011.
  8. Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200". Australian Financial Review. Australia. Retrieved 7 June 2016.
  9. Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News. Australia. Retrieved 7 October 2019.
  10. Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Retrieved 17 July 2014.
  11. Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Retrieved 8 October 2019.
  12. 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.
  13. 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.
  14. "David Cameron Greensill scandal: Why is there an independent investigation?". The Telegraph. 13 April 2021. ISSN 0307-1235. Retrieved 13 April 2021.
  15. Makortoff, Kalyeena; Butler, Ben; Smith, Joseph (13 April 2021). "Greensill scandal: ex-civil servant had $8m stake in lender". The Guardian. Retrieved 13 April 2021.
  16. Powell, Rob (12 April 2021). "Greensill: What is the lobbying scandal and why is David Cameron involved?". Sky News. Retrieved 13 April 2021.
  17. "The Sunday Times view on the Greensill lobbying scandal: this should worry us all". Sunday Times. ISSN 0140-0460. Retrieved 13 April 2021.
  18. "Iconic builder Grocon declares insolvency and is set to go into administration". ABC News. Australia. 20 November 2020.
  19. Danckert, Sarah (28 December 2020). "From invincible to fallen: How Grocon and Daniel Grollo came down to earth". The Sydney Morning Herald. Retrieved 29 December 2020.
  20. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  21. Ryan, Peter; Ractliffe, Damien (2 May 2021). "Geelong mourn the death of local legend Frank Costa". The Age. Retrieved 2 May 2021.
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