# Financial Review Rich List 2023

The Financial Review Rich List 2023 is the 40th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 26 May 2023.
The net worth of the wealthiest individual, Gina Rinehart, was $37.41 billion; while the net worth of the 200th wealthiest individual, Bob Rose and his wife, Margaret, and their family, was $690 million; up from $640 million for the 200th individual in 2022. The combined wealth of the 200 individuals was calculated as $563 bn, an increase of $9 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the BRW Rich 200 commenced. Thirty-six women were included on the 2023 Rich List, representing 18 percent of the list; down from thirty-nine women in 2021, or 19.5%. The list included six debutants.
Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual since 2020. From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ranked fourth in the 2021 Rich List, after Andrew Forrest, Australia's wealthiest individual in 2008, and Mike Cannon-Brookes. Harry Triguboff was Australia's wealthiest individual in 2016, ranked fourth in the 2023 Rich List.

## List of individuals

| 2023 | 2023 | Name | Citizenship | Source of wealth | 2022 | 2022 |
| Rank | Net worth A$ bn | Name | Citizenship | Source of wealth | Rank | Net worth A$ bn |
| 1 | 37.41 | Gina Rinehart | Australia | Hancock Prospecting; investment | 1 | 34.00 |
| 2 | 33.29 | Andrew Forrest | Australia | Fortescue Metals Group | 2 | 30.70 |
| 3 | 24.30 | Anthony Pratt and family | Australia | Visy; Pratt Industries | 5 | 24.30 |
| 4 | 23.80 | Harry Triguboff | Australia | Meriton Apartments | 6 | 21.20 |
| 5 | 23.66 | Clive Palmer | Australia | Mineralogy and other mining interests; hospitality | 7 | 19.50 |
| 6 | 19.01 | Mike Cannon-Brookes | Australia | Atlassian | 3 | 27.80 |
| 7 | 18.16 | Scott Farquhar | Australia | Atlassian | 4 | 26.40 |
| 8 | 13.60 | Ivan Glasenberg | Australia South Africa Switzerland | Glencore commodities trading | 9 | 12.20 |
| 9 | 13.18 | Melanie Perkins and Cliff Obrecht | Australia | Canva | 8 | 13.80 |
| 10 | 9.33 | Sir Frank Lowy | Australia | ex-Westfield; property | 10 | 9.30 |
| 11 | 9.11 | Richard White | Australia | Technology | 15 | 6.30 |
| 12 | 7.45 | Kerry Stokes | Australia | Property; Seven West Media; resources | 12 | 7.00 |
| 13 | 6.59 | Cameron Adams | Australia | Canva | 13 | 6.90 |
| 14 | 6.51 | Alan Wilson and family | Australia | Reece Group | 14 | 6.60 |
| 15 | 6.33 | John Gandel | Australia | Property (shopping centres) | 16 | 6.20 |
| 16 | 5.81 | Lang Walker | Australia | Walker Corporation (property) | 20 | 5.00 |
| 17 | 5.22 | Len Ainsworth and family | Australia | Gaming; manufacturing | 11 | 7.70 |
| 18 | 4.95 | James Packer | Australia | Crown Resorts; Consolidated Media Holdings | 17 | 6.00 |
| 19 | 4.90 | Hui Wing Mau | China Australia | Shimao Property | 22 | 4.80 |
| 20 | 4.63 | Angela Bennett | Australia | Mining | 21 | 5.00 |
| 21 | 4.43 | Chau Chak Wing | Australia | Property; investments | 23 | 4.50 |
| 22 | 4.36 | Jack Cowin | Australia | Competitive Foods Australia; investment | 19 | 5.20 |
| 23 | 4.35 | Lindsay Fox | Australia | Linfox; property | 24 | 4.20 |
| 24 | 4.20 | Vivek Chaand Sehgal | Australia | Motherson Sumi Systems | 18 | 5.90 |
| 25 | 3.97 | Solomon Lew | Australia | Premier Investments; retail | 25 | 4.20 |
| 26 | 3.95 | Morry Fraid, Zac Fried and family | Australia | Retail; property | 33 | 3.20 |
| 27 | 3.90 | Laurence Escalante | Australia | Gaming | 35 | 3.00 |
| 28 | 3.90 | Terry Snow | Australia | Capital Airport Group; property | 29 | 3.60 |
| 29 | 3.85 | Alexandra Burt and Leonie Baldock | Australia | Resources | 26 | 4.20 |
| 30 | 3.71 | Greg Goodman and family | Australia | Goodman Group; property | 30 | 3.60 |
| 31 | 3.50 | Michael Hodgson | Australia | Property | 34 | 3.10 |
| 32 | 3.42 | Andrew Budzinski | Australia | IC Markets; financial services | 27 | 4.20 |
| 33 | 3.35 | Lachlan Murdoch | United States United Kingdom Australia | Media | 28 | 4.00 |
| 34 | 3.33 | Brett Blundy | Australia | Retail; property; agriculture | 31 | 3.30 |
| 35 | 3.11 | Ed Craven | Australia | Gaming | n/a | not listed |
| 36 | 3.06 | Tony Perich and family | Australia | Agriculture; property; So Natural, Narellan Town Centre | 37 | 2.80 |
| 37 | 2.91 | Gerry Harvey and Katie Page | Australia | Harvey Norman | 32 | 3.30 |
| 38 | 2.88 | Stephen, Richard and Michael Hains and family | Australia | Investment | 36 | 2.90 |
| 39 | 2.78 | Kie Chie Wong, Ann Lim and family | Malaysia | Investor; resources | 39 | 2.78 |
| 40 | 2.76 | Betty Klimenko, Monica Weinberg-Saunders and family | Australia | Property | 40 | 2.70 |
| 41 | 2.72 | John Van Lieshout | Australia | Retail | 41 | 2.70 |
| 42 | 2.67 | Michael Heine and family | Australia | Financial services | 38 | 2.80 |
| 43 | 2.63 | Sam Kennard and family | Australia | Kennards Self Storage | 55 | 2.00 |
| 44 | 2.60 | Maurice Alter and family | Australia | Retail | 42 | 2.60 |
| 45 | 2.57 | Prudence MacLeod | Australia | News Corporation and News UK | 44 | 2.60 |
| 46 | 2.47 | Ginia Rinehart | Australia | Hancock Prospecting | 47 | 2.20 |
| 47 | 2.44 | John Hancock | Australia | Hancock Prospecting | 45 | 2.43 |
| 48 | 2.43 | Bob Ell | Australia | Property | 46 | 2.40 |
| 49 | 2.42 | Bianca Rinehart | Australia | Hancock Prospecting | 48 | 2.20 |
| 50 | 2.42 | Hope Welker | Australia | Hancock Prospecting | 49 | 2.20 |
| 51 | 2.38 | Jack Gance | Australia | Chemist Warehouse; retail | 73 | 1.60 |
| 52 | 2.35 | Mario Verrocchi | Australia | Chemist Warehouse | 83 | 1.50 |
| 53 | 2.31 | Shaun Bonétt | Australia | Precision Group; property | 61 | 1.90 |
| 54 | 2.27 | Chris Thomas | Australia | Agriculture | 74 | 1.60 |
| 55 | 2.25 | Chris Ellison | Australia | Resources | 64 | 1.80 |
| 56 | 2.23 | Marcus Besen and family | Australia | Retail | 52 | 2.20 |
| 57 | 2.23 | Sam Arnaout | Australia | Hospitality; property | 63 | 1.89 |
| 58 | 2.14 | Nick Politis | Australia | Retail; property | 50 | 2.20 |
| 59 | 2.13 | Bruce Mathieson | Australia | Gaming; investments | 51 | 2.20 |
| 60 | 2.10 | Sir Michael Hintze | Australia United Kingdom | Retail; investment | 53 | 2.20 |
| 61 | 2.09 | Gretel Packer | Australia | Crown Resorts; investment | 56 | 2.00 |
| 62 | 2.09 | Ye Lipei | Australia | Property | 54 | 2.20 |
| 63 | 2.08 | Russell Withers and family | Australia | Retail | 57 | 2.00 |
| 64 | 2.02 | Gary Tieck and family | Australia | Property; investment | 58 | 2.00 |
| 65 | 2.00 | Nigel Austin | Australia | Cotton On Group; retail | 59 | 2.00 |
| 66 | 2.00 | Manny Stul and family | Australia | Moose Toys; retail | 60 | 2.00 |
| 67 | 1.97 | John Casella and family | Australia | Agriculture; Casella Family Brands | 71 | 1.70 |
| 68 | 1.94 | Alan Rydge | Australia | Rydges Hotels & Resorts; Event Cinemas | 62 | 1.90 |
| 69 | 1.93 | Tim Roberts | Australia | Ex-Multiplex; investment | 75 | 1.60 |
| 70 | 1.92 | Jonathan Munz and family | Australia | Manufacturing | 65 | 1.80 |
| 71 | 1.91 | Khalil Shahin and family | Australia | Retail | 66 | 1.80 |
| 72 | 1.91 | Sam Chong | Australia | Resources; hotels | 127 | 1.10 |
| 73 | 1.87 | Trevor Lee | Australia | Agriculture | 76 | 1.60 |
| 74 | 1.86 | Paul Salteri and family | Australia | Investment | 67 | 1.80 |
| 75 | 1.85 | Anthony Hall | Australia | Technology | 94 | 1.40 |
| 76 | 1.83 | Paul Little | Australia | Toll Holdings | 69 | 1.80 |
| 77 | 1.82 | Maha Sinnathamby | Australia | Residential property | 68 | 1.80 |
| 78 | 1.79 | Eddie Hirsch | Australia | United Petroleum | 77 | 1.60 |
| 79 | 1.78 | Avi Silver | Australia | United Petroleum | 78 | 1.60 |
| 80 | 1.78 | Paul Lederer | Australia | Ex-Primo smallgoods; investment | 95 | 1.40 |
| 81 | 1.75 | Sam Hupert | Australia | Technology | 107 | 1.30 |
| 82 | 1.70 | David and Vicky Teoh | Australia | Telecommunications | 43 | 2.60 |
| 83 | 1.69 | Sam Tarascio | Australia | Property | 72 | 1.69 |
| 84 | 1.62 | Peter Gunn | Australia | Logistics; investment; property | 79 | 1.60 |
| 85 | 1.59 | Sam and Andrew Buckeridge and family | Australia | Buckeridge Group of Companies | 89 | 1.50 |
| 86 | 1.57 | Ralph Sarich | Australia | Investment; property | 80 | 1.60 |
| 87 | 1.57 | Nechama Werdiger and family | Australia | Property | 81 | 1.60 |
| 88 | 1.57 | Imelda Roche | Australia | Retail | 84 | 1.50 |
| 89 | 1.56 | Sandy Oatley and family | Australia | Agriculture; property; tourism | 114 | 1.20 |
| 90 | 1.53 | John Borg and Michael Borg | Australia | Manufacturing | n/a | not listed |
| 91 | 1.50 | Phillip Dong Fang Lee | Australia | Property development | 85 | 1.50 |
| 92 | 1.49 | Nick Andrianakos and family | Australia | Property | 122 | 1.10 |
| 93 | 1.49 | John Richards and family | Australia | Waste management | 92 | 1.49 |
| 94 | 1.44 | Chris Morris | Australia | Computershare; financial services; hospitality | 102 | 1.40 |
| 95 | 1.47 | Andy Kennard and family | Australia | Kennards Hire | 96 | 1.40 |
| 96 | 1.46 | Dale Elphinstone | Australia | Elphinstone Group; mining services | 97 | 1.40 |
| 97 | 1.45 | Mark Creasy | Australia | Resources | 86 | 1.50 |
| 98 | 1.45 | Arthur Laundy | Australia | Hotels | 93 | 1.40 |
| 99 | 1.43 | Judith Neilson | Australia | Investment | 98 | 1.40 |
| 100 | 1.42 | John Kahlbetzer | Australia | Agriculture | 103 | 1.40 |
| 101 | 1.41 | Alex Waislitz | Australia | Investment | 82 | 1.51 |
| 102 | 1.39 | Justin and Bettina Hemmes and family | Australia | Hotels; property | 128 | 1.10 |
| 103 | 1.35 | Peter Freedman | Australia | Røde Microphones; manufacturing | 186 | 0.701 |
| 104 | 1.34 | Robert Millner and family | Australia | Washington H Soul Pattinson; investment | 104 | 1.40 |
| 105 | 1.32 | Robert Bastas | Australia | Retail, manufacturing | 138 | 0.990 |
| 106 | 1.31 | Con Makris and family | Australia | Property | 121 | 1.20 |
| 107 | 1.31 | Nicholas Paspaley and family | Australia | Paspaley Pearls | 108 | 1.30 |
| 108 | 1.30 | Raphael Geminder | Australia | Manufacturing | 87 | 1.50 |
| 109 | 1.28 | Ervin Vidor and Charlotte Vidor | Australia | Property; hotels | 112 | 1.28 |
| 110 | 1.27 | Larry Kestelman | Australia | Dodo Services; telecommunications | 123 | 1.10 |
| 111 | 1.26 | Nick Molnar | Australia | Afterpay; technology | 90 | 1.50 |
| 112 | 1.26 | Anthony Eisen | Australia | Afterpay; technology | 91 | 1.50 |
| 113 | 1.26 | Reg and Hazel Rowe | Australia | Super Retail Group; property | 115 | 1.20 |
| 114 | 1.25 | Laurie Sutton | Australia | Retail | 143 | 0.938 |
| 115 | 1.24 | Marnie Lewis-Millar, Shay Lewis-Thorp and family | Australia | Property | 139 | 0.964 |
| 116 | 1.24 | Kerr Neilson | Australia | Financial services | 111 | 1.30 |
| 117 | 1.24 | Dick Honan | Australia | Manildra Group | 116 | 1.20 |
| 118 | 1.24 | Raymond Barro and Rhonda Barro | Australia | Construction | 70 | 1.80 |
| 119 | 1.24 | Jack Zhang | Australia | Financial services; Airwallex | 180 | 0.732 |
| 120 | 1.23 | Lyn Ingham and family | Australia | Ex-Inghams Enterprises; manufacturing | 113 | 1.20 |
| 121 | 1.22 | Brian Flannery | Australia | Resources | 117 | 1.20 |
| 122 | 1.22 | Trevor St Baker | Australia | Energy | 88 | 1.50 |
| 123 | 1.20 | Charles Gibbon | Australia | Technology | 130 | 1.00 |
| 124 | 1.15 | Naomi Milgrom | Australia | Sussan; Sportsgirl; Suzanne Grae | 118 | 1.20 |
| 125 | 1.14 | Rod Spooner and family | Australia | Property; Caribbean Gardens | 124 | 1.10 |
| 126 | 1.11 | James Ferguson and Robert Ferguson | Australia | Technology | 131 | 1.00 |
| 127 | 1.10 | Rod Duke | Australia | Briscoe Group | 119 | 1.20 |
| 128 | 1.10 | Robin Khuda | Australia | Technology | 189 | 0.655 |
| 129 | 1.10 | Sam Prince | Australia | Zambrero; retail | 125 | 1.10 |
| 130 | 1.09 | Tim Goyder | Australia | Resources | 155 | 0.848 |
| 131 | 1.08 | Ryan and Sam Kroonenburg | Australia | Technology | 129 | 1.08 |
| 132 | 1.08 | Will Vicars | Australia | Financial services | 109 | 1.30 |
| 133 | 1.07 | Bruce Gordon | Australia | Media | 110 | 1.30 |
| 134 | 1.06 | Max Beck | Australia | Property | 157 | 0.825 |
| 135 | 1.06 | Nick DiMauro | Australia | Property | 132 | 1.00 |
| 136 | 1.06 | Ian Malouf | Australia | Waste services | 167 | 0.784 |
| 137 | 1.06 | Neville Crichton | Australia | Retail | 163 | 0.798 |
| 138 | 1.05 | Huang Bingwen and family | Australia | Manufacturing | 105 | 1.40 |
| 139 | 1.04 | Peter Scanlon and family | Australia | Patrick Corporation; logistics, investment | 126 | 1.10 |
| 140 | 1.03 | Megan Wynne and Bruce Bellinge | Australia | Human services | 99 | 1.40 |
| 141 | 1.00 | Arnold Vitocco | Australia | Property | 133 | 1.00 |
| 142 | 0.995 | Spiros Alysandratos | Australia | Travel; property | 137 | 0.995 |
| 143 | 0.990 | Lloyd Williams | Australia | Property; thoroughbreds | 141 | 0.948 |
| 144 | 0.989 | Greg Coffey | United States | Financial services | 154 | 0.862 |
| 145 | 0.972 | Theo Karedis | Australia | Retail; property | 140 | 0.952 |
| 146 | 0.969 | Sunny Ngai and family | Australia | Manufacturing | 148 | 0.895 |
| 147 | 0.966 | Kim Cannon | Australia | Financial services | n/a | not listed |
| 148 | 0.950 | Douglas Clarke | Australia | Manufacturing | 100 | 1.40 |
| 149 | 0.950 | Grant Petty | Australia | Manufacturing | 101 | 1.40 |
| 150 | 0.947 | Denis Wagner and family | Australia | Construction; mining services | 135 | 1.00 |
| 151 | 0.943 | Michael Gregg | Australia | Technology | 190 | 0.648 |
| 152 | 0.935 | Harry Stamoulis and family | Australia | Manufacturing | 144 | 0.935 |
| 153 | 0.913 | Peter Hughes and family | Australia | Agriculture | 164 | 0.795 |
| 154 | 0.912 | Tim Gurner | Australia | Property | 145 | 0.929 |
| 155 | 0.907 | Shirley Costa and family | Australia | Agriculture | 149 | 0.889 |
| 156 | 0.901 | Joy Chambers-Grundy | Australia | Media | n/a | not listed |
| 157 | 0.900 | Jamuna Gurung and Shesh Ghale | Australia | Melbourne Institute of Technology | 136 | 1.00 |
| 158 | 0.885 | Neil Rae and family | Australia | Ex-Gull Petroleum | 150 | 0.888 |
| 159 | 0.885 | Andrew Roberts | Australia | Ex-Multiplex; property | 134 | 1.00 |
| 160 | 0.875 | Robert Whyte | Australia | Investment | 146 | 0.925 |
| 161 | 0.862 | Tony Walls | Australia | Technology | 120 | 1.20 |
| 162 | 0.860 | Mick Power | Australia | Investment | 179 | 0.740 |
| 163 | 0.856 | Tania Austin | Australia | Retail | 159 | 0.814 |
| 164 | 0.852 | Roy Medich | Australia | Property | 152 | 0.878 |
| 165 | 0.850 | Gordon Fu and family | Australia | Property | 142 | 0.945 |
| 166 | 0.844 | Allan Myers | Australia | Investment; agriculture | 151 | 0.883 |
| 167 | 0.832 | Diane Burger and family | Australia | Property | 158 | 0.818 |
| 168 | 0.828 | Richard Smith | Australia | Food services | 165 | 0.790 |
| 169 | 0.823 | Michael Boyd | Australia | Sonic Healthcare | 178 | 0.744 |
| 170 | 0.822 | Don McDonald and family | Australia | Agriculture | 160 | 0.813 |
| 171 | 0.820 | John Singleton | Australia | Media; investment; property | 170 | 0.768 |
| 172 | 0.804 | George Kepper | Australia | Technology; property | 168 | 0.781 |
| 173 | 0.800 | Zareh Nalbandian | Australia | Entertainment | n/a | not listed |
| 174 | 0.799 | Cyan and Collis Ta'eed and family | Australia | Technology | 147 | 0.913 |
| 175 | 0.785 | Paul Fudge | Australia | Resources | 169 | 0.769 |
| 176 | 0.780 | Andrew and Michael Buxton | Australia | Property | 172 | 0.764 |
| 177 | 0.780 | John Symond | Australia | Ex-Aussie Home Loans | 162 | 0.800 |
| 178 | 0.778 | Joanna Horgan and Peter Wetenhall | Australia | Retail | 182 | 0.725 |
| 179 | 0.788 | George Koukis | Switzerland | Software | 166 | 0.788 |
| 180 | 0.766 | David Tudehope and Aiden Tudehope | Australia | Macquarie Telecom | 156 | 0.842 |
| 181 | 0.763 | Kerry Harmanis | Australia | Resources | 171 | 0.766 |
| 182 | 0.755 | Tony Denny | Australia | Retail; property | 175 | 0.749 |
| 183 | 0.755 | Maree Isaacs | Australia | Technology | n/a | not listed |
| 184 | 0.748 | Peter Barber | Australia | Manufacturing | n/a | not listed |
| 185 | 0.747 | Christian Beck | Australia | Technology | 153 | 0.869 |
| 186 | 0.740 | Tony Tarak and family | Australia | Services | 181 | 0.727 |
| 187 | 0.734 | Rhonda Wyllie and family | Australia | Investment | 173 | 0.758 |
| 188 | 0.734 | John Higgins | Australia | Investment; services | 174 | 0.750 |
| 189 | 0.730 | Zig Inge and family | Australia | Property | 183 | 0.714 |
| 190 | 0.729 | Kim McKendrick and family | Australia | Ex-Godfrey Hirst Carpets | 177 | 0.746 |
| 191 | 0.721 | Kevin Seymour and family | Australia | Property | 176 | 0.747 |
| 192 | 0.721 | Terry Peabody | Australia | Ex-Transpacific; investment | 188 | 0.698 |
| 193 | 0.718 | Shangjin Lin and family, Yunhui Lin | Australia | Property | 161 | 0.807 |
| 194 | 0.710 | Peter Cooper | Australia | Financial services | 185 | 0.703 |
| 195 | 0.710 | Robert Magid | Australia | Property | 184 | 0.710 |
| 196 | 0.700 | Garry Rothwell | Australia | Property | 187 | 0.700 |
| 197 | 0.700 | John Winning | Australia | Retail | n/a | not listed |
| 198 | 0.695 | Nicole Kidman and Keith Urban | Australia | Entertainment | n/a | not listed |
| 199 | 0.693 | Gerry Ryan | Australia | Manufacturing | n/a | not listed |
| 200 | 0.690 | Bob Rose and Margaret Rose and family | Australia | Property | n/a | not listed |

## Removed from the 2023 list

The following individuals, who appeared on the Financial Review Rich List 2022, did not appear on the 2023 list