Wealthiest People in Australia (July 27, 2022)

As of July 26, 2022, Gina Rinehart was the wealthiest man in Australia, with an estimated net worth of 28.7 billion U.S. dollars, followed by Andrew Forrest (No. 2, $16.9 billion), Mike Cannon-Brookes (No. 3, $12.0 billion); and Scott Farquhar (No. 4, $11.9 billion).

Anthony Pratt is the fifth-richest person in Australia, with a whopping $10.7 billion. Harry Triguboff ranked 6th with a personal wealth of $10.5 billion, followed by Frank Lowy with $6.8 billion. Melanie Perkins is placed 8th with a net worth of $6.5 billion. Cliff Obrecht ($6.5 billion) occupied the 9th position among the top 10 wealthiest people in Australia.

1. Gina Rinehart: $28.7 billion
2. Andrew Forrest: $16.9 billion
3. Mike Cannon-Brookes: $12.0 billion
4. Scott Farquhar: $11.9 billion
5. Anthony Pratt: $10.7 billion
6. Harry Triguboff: $10.5 billion
7. Frank Lowy: $6.8 billion
8. Melanie Perkins: $6.5 billion
9. Cliff Obrecht: $6.5 billion 
10. John,Alan & Bruce wilson: $4.5 billion
11. 11 Richard White: $4.4 billion
12. James Packer: $3.7 billion
13. John Gandel: $3.3 billion
14. Cameron Adams: $3.2 billion
15. Kerrry Stokes: $3.2 billion
16. Michael Hintze: $3.2 billion
17. Fiona Geminder: $2.9 billion
18. Jack Cowin: $2.8 billion 
19. Vivek Chaand Sehgal: $2.5 billion
20. John Hancock: $2.1 billion

Detailed findings & methodology: CEOWORLD magazine put together a panel of experts to go over data points culled from virtually every reputable wealth tracking media outlet, including Bloomberg, The Richest, Money Inc, Cheat Sheet, GOBankingRates, Celebrity Net Worth, Wealthy Gorilla, Forbes, and more. Based on a consensus from these sources, the final decision for ranking was judged editorially. All data is for the most recent period available. Some were not included in the official statistics for various reasons, primarily due to the lack of necessary data. Just remember, these values and fluctuations are estimations based on a host of variables and publicly available documents. The margin of sampling error for the full data sample is plus or minus 1.2 percentage points. In addition to sampling error, one should remember that, as in all survey research, there are possible sources of error—such as coverage, nonresponse, and measurement error——that could affect the results. All figures are in US dollars.

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The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine.