Negosentro.com | List of Top 40 Billionaires in Australia for 2020 Named by CEO World Magazine | The annual list of Australia’s wealthiest people by CEOWORLD is out! The 2020 list includes people from various industries and the usual famous ones plus those you would probably not recognize at all.
Australian mining magnate Gina Rinehart is that the wealthiest person in Australia with an estimated net worth of $16 billion, that’s consistent with CEOWORLD magazine’s Australia Rich List Index For 2020. The CEOWORLD magazine Rich List, published today, revealed 40 of Australia’s wealthiest people. The second spot for Australia was occupied by Andrew Forrest worth $13.4 billion.
Atlassian co-founder Mike Cannon-Brookes is third on the list with $12.2 billion. Scott Farquhar, co-founder, and co-CEO of software company Atlassian holds the 4th spot with a whopping net worth of $12.1 billion, followed by Anthony Pratt ($11.8 billion).
The list also includes Harry Triguboff ($10.3 billion), with Frank Lowy ($5.8 billion), and Kerry Stokes ($3.9 billion). John Gandel and James Packer rounded up the highest ten wealthiest people in Australia with $3.7 billion and $3.1 billion, respectively.
To identify the wealthiest people in Australia, CEOWORLD magazine reviewed numerous national and international media reports, and every one estimated net worth figures are in U.S. dollars. the particular size of their fortunes could also be much larger than our figure. we’ve adjusted valuations of the richest 40 where there are significant movements within the share prices of quoted companies, estimating the consequence on the fortunes of householders of huge stakes in those companies.
Check out this Top 40 Billionaires’ list and see if you will be able to recognize everyone.
| Rank | Name | Net worth (USD) | Industry |
|---|---|---|---|
| 1 | Gina Rinehart | $16.0 billion | Mining |
| 2 | Andrew Forrest | $13.4 billion | Mining |
| 3 | Mike Cannon-Brookes | $12.2 billion | Software |
| 4 | Scott Farquhar | $12.1 billion | Software |
| 5 | Anthony Pratt | $11.8 billion | Manufacturing |
| 6 | Harry Triguboff | $10.3 billion | Real estate |
| 7 | Frank Lowy | $5.8 billion | Shopping malls |
| 8 | Kerry Stokes | $3.9 billion | Construction |
| 9 | John Gandel | $3.7 billion | Shopping malls |
| 10 | James Packer | $3.1 billion | Casinos |
| 11 | Fiona Geminder | $3.0 billion | Manufacturing |
| 11 | Richard White | $3.0 billion | Software |
| 13 | Michael Hintze | $2.9 billion | Investments |
| 14 | Clive Palmer | $2.8 billion | Mining |
| 15 | Lindsay Fox | $2.7 billion | Real estate |
| 16 | Jack Cowin | $2.5 billion | Fast food |
| 17 | Heloise Pratt | $2.1 billion | Investments |
| 18 | David Hains | $2.0 billion | Investments |
| 18 | Vivek Chaand Sehgal | $2.0 billion | Auto parts |
| 18 | Solomon Lew | $2.0 billion | Retail |
| 21 | Gretel Packer | $1.9 billion | Casinos |
| 22 | Lang Walker | $1.8 billion | Real estate |
| 22 | David Teoh & family | $1.8 billion | Telecom |
| 22 | Gerry Harvey | $1.8 billion | Retail |
| 22 | Nigel Austin | $1.8 billion | Retail |
| 26 | Angela Bennett | $1.6 billion | Mining |
| 26 | Brett Blundy | $1.6 billion | Retail |
| 28 | Bob Ell | $1.5 billion | Real estate |
| 29 | John Van Lieshout | $1.4 billion | Real estate |
| 30 | Terry Snow | $1.2 billion | Real estate |
| 30 | Chris Wallin | $1.2 billion | Mining |
| 30 | Manny Stul | $1.2 billion | Toys |
| 30 | Sam Tarascio | $1.2 billion | Real estate |
| 34 | Kerr Neilson | $1.1 billion | Investments |
| 34 | Ginia Rinehart | $1.1 billion | Mining |
| 34 | Judith Neilson | $1.1 billion | Investments |
| 34 | John Hancock | $1.1 billion | Mining |
| 34 | Bianca Rinehart | $1.1 billion | Mining |
| 34 | Hope Welker | $1.1 billion | Mining |
| 40 | Len Ainsworth | $1.0 billion | Betting machines |
According to the financial publication’s annual listing, the combined wealth of the top 46 Canadian Billionaires hit a new record high of $144.9 billion.
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Source: CEOworld.biz
