# Forbes list of Australia's 50 richest people 2016

The Forbes list of Australia's 50 richest people is the annual survey of the fifty wealthiest people resident in Australia, published by Forbes Asia in January 2016.
The net worth of the wealthiest individual, Blair Parry-Okeden, was estimated to be US$8.80 billion. It was the first and only time that Parry-Okeden appeared on the Forbes Australian list. She is a US-citizen and, despite living in Australia, is not eligible for admission on the list.

## List of individuals

| 2016 | 2016 | Name | Citizenship | Source of wealth | 2015 | 2015 |
| Rank | Net worth US$ bn | Name | Citizenship | Source of wealth | Rank | Net worth US$ bn |
| 1 | 8.80 | Blair Parry-Okeden | United States | Cox Enterprises heiress | n/a | not listed |
| 2 | 8.50 | Gina Rinehart | Australia | Hancock Prospecting; investment | 1 | 11.70 |
| 3 | 6.90 | Harry Triguboff | Australia | Meriton Apartments | 2 | 5.60 |
| 4 | 5.00 | Frank Lowy | Australia | Ex-Westfield; property | 3 | 5.00 |
| 5 | 3.60 | Anthony Pratt | Australia | Visy Industries; Pratt Industries | 7 | 3.50 |
| 6 | 3.50 | James Packer | Australia | Crown Resorts; Consolidated Media Holdings | 4 | 4.70 |
| 7 | 3.20 | John Gandel | Australia | Property (shopping centres) | 6 | 3.60 |
| 8 | 2.80 | Lindsay Fox | Australia | Linfox | 9 | 2.90 |
| 9 | 1.95 | David Teoh | Australia | Telecommunications | 17 | 1.60 |
| 10 | 1.90 | David Hains | Australia | Investment | 11 | 2.10 |
| 11 | 1.85 | Kerr Neilson | Australia | Financial services | 8 | 3.00 |
| 12 | 1.83 | Fiona Geminder | Australia | Manufacturing; investment | 12 | 2.10 |
| 13 | 1.80 | Sir Michael Hintze | Australia United Kingdom | Retail; investment | 15 | 1.90 |
| 14 | 1.78 | Mike Cannon-Brookes | Australia | Atlassian | 25 | 1.10 |
| 15 | 1.75 | Scott Farquhar | Australia | Atlassian | 25 | 1.10 |
| 16 | 1.60 | Alan Wilson and family | Australia | Reece Group; retail | 14 | 2.00 |
| 17 | 1.54 | Stan Perron | Australia | Property | 16 | 1.60 |
| 18 | 1.50 | Jack Cowin | Australia | Competitive Foods Australia; investment | 29 | 1.00 |
| 19 | 1.35 | Gerry Harvey | Australia | Harvey Norman; retail | 18 | 1.30 |
| 20 | 1.30 | Heloise Waislitz | Australia | Manufacturing; investment | 13 | 2.00 |
| 21 | 1.27 | Alan Rydge | Australia | Rydges Hotels & Resorts | 22 | 1.20 |
| 22 | 1.24 | Andrew Forrest | Australia | Fortescue Metals Group | 10 | 2.10 |
| 23 | 1.20 | Bob Ell | Australia | Property development | 19 | 1.20 |
| 24 | 1.10 | Maurice Alter | Australia | Property (shopping centres) | 19 | 1.20 |
| 25 | 1.10 | Russ Withers and Beverley Barlow | Australia | 7-Eleven Australia | n/a | not listed |
| 26 | 1.02 | Lang Walker | Australia | Walker Corporation (property) | 21 | 1.20 |
| 27 | 1.00 | Kerry Stokes | Australia | Property; Seven West Media; resources | 23 | 1.20 |
| 28 | 0.97 | John van Lieshout | Australia | Real estate | 27 | 1.00 |
| 29 | 0.93 | Angela Bennett | Australia | Resources | 31 | 0.97 |
| 30 | 0.92 | Solomon Lew | Australia | Premier Investments; retail | 30 | 0.98 |
| 31 | 0.83 | Paul Little | Australia | Logistics; real estate | 37 | 0.82 |
| 32 | 0.77 | Tony and Ron Perich | Australia | Investment | 39 | 0.75 |
| 33 | 0.76 | Len Ainsworth | Australia | Gaming; manufacturing | 24 | 1.20 |
| 34 | 0.745 | Bob Ingham | Australia | Poultry; property development | 35 | 0.90 |
| 35 | 0.74 | John Kahlbetzer | Australia | Agriculture | 36 | 0.83 |
| 36 | 0.735 | Sam Tarascio | Australia | Real estate | 42 | 0.71 |
| 37 | 0.72 | Judith Neilson | Australia | Investment | n/a | not listed |
| 38 | 0.70 | Con Makris | Australia | Real estate | 46 | 0.64 |
| 39 | 0.675 | Reg Rowe | Australia | | n/a | not listed |
| 40 | 0.66 | Ralph Sarich | Australia | Real estate | 44 | 0.66 |
| 41 | 0.65 | Maha Sinnathamby | Australia | Real estate | 40 | 0.74 |
| 42 | 0.645 | Brett Blundy | Australia | Retail; agribusiness | 38 | 0.77 |
| 43 | 0.64 | Bruce Mathieson | Australia | Hotels | 48 | 0.61 |
| 44 | 0.615 | Richard Smith | Australia | Food distribution | 45 | 0.65 |
| 45 | 0.575 | Graham Turner | Australia | Flight Centre; travel services | 49 | 0.57 |
| 46 | 0.57 | Bruce Gordon | Australia | WIN Corporation; investment | 41 | 0.72 |
| 47 | 0.565 | Nigel Austin | Australia | Cotton On Group; retail | n/a | not listed |
| 48 | 0.55 | Christopher Morris | Australia | Software; hospitality | 47 | 0.63 |
| 49 | 0.51 | Gretel Packer | Australia | Crown Resorts; investment | n/a | not listed |
| 50 | 0.50 | Marcus Blackmore | Australia | Blackmores; health supplements | n/a | not listed |
Legend :
* Description
* Has not changed from the previous year
* Has increased from the previous year
* Has decreased from the previous year