Sector: Building and construction | Revenue: $1.5b | Last Years Ranking: 7. InDailys ranking of the states top 100 companies by market capitalisation and revenue covers the 2020-21 financial year. Has Aussie billionaire created the next tech unicorn? This is also known as Online Behavioural Advertising. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. Tim Gurner says developers that want to start big projects in Sydney or Melbourne are ignoring a complete systemic change. Love them, hate them, or envy them, Australias richest people have been announced for 2022 by The Australians The List. He is building more in Queensland and Melbourne, and expanding his serviced apartment business as travel increases. For those thinking getting rich is a pathway to early retirement, think again. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 65. GPA Engineering is a multidisciplinary engineering and management firm. Yet as some make their way back, others tumble out in spectacular fashion. Billionaire Clive Palmer says he is paying bucket loads of tax after pocketing hundreds of millions of dollars in dividends from Mineralogy. Ruslan Kogan stays a former Rich Lister for a second year as supply chain problems and a cooling of the online shopping boom keep his kogan.com share price in the doldrums. SA miner Oz Minerals won the Revenue Growth category after increasing its income by more than $700 million in 2020-21 on the back of strong copper and gold prices and increased production at its new Carrapateena mine in the states far north. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 23, Drakes Supermarkets is the largest independent grocery retailer in Australia, Sector: Food and beverage | Revenue: $280m | Last Years Ranking: 22. Meriton has vast reach across property, including the nations highest number of hotel rooms via its serviced apartment business, more than 14,000 investment apartments and close to 12,000 units in development. Sector: Automotive | Revenue: $516m | Last Years Ranking: 19. Then it pays to have these two traits that the founders of Canva and Meriton share, the editor of the Richest 250 tells the Money Cafe podcast. Post jobs and search for local talent on 7NEWS Jobs >>. Andrew Forrest with a net . At the time, his wealth was estimated at $879 million thanks to the value of tokens underpinning his Synthetix derivatives trading protocol. Sector: Building and construction | Revenue: $460m | Last Years Ranking: 28. The average age of a Rich Lister is 67.7, up from 66 last year. Hillgrove Resources Limited is an Australian mining and resources company primarily focused on the development of the Kanmantoo Copper mine. For the top 10 richest Australians for 2022, scroll below. Hes spent $46m on yachts and $32m on private jets, as financial records show Clive Palmer reaped about $1bn in the past year. Pratt this year will open his biggest ever factory, a new paper mill in Kentucky that he says will be 50 per cent bigger than any other he has built. That shows just how successful Farquhar has been as a technology entrepreneur alongside friend and business partner Mike Cannon-Brookes at software firm Atlassian. Take our quiz and find out what kind of billionaire youll be when you strike it rich. The 10 richest Aussies of 2022 revealed - Yahoo! The vitamins groups shares slumped on flat profits as consumers hunted down the cheapest price amid tough cost pressures. The Best New Entrant Award was presented to business software company CAMMS, which debuted at No. With at least 80 of the hotels he jointly owns shut in Victoria, Bruce Mathieson says its the worst times hes seen. Over the last 30 years, Peregrines operations have grown to include OTR convenience stores, The Bend Motorsport Park, Smokemart Giftbox retail stores and a range of property investments. Australias youngest billionaire is Melbournes 27-year-old crypto gambling magnate Edward Craven, who debuts on The List - Australias Richest 250 with an estimated $2.01bn fortune. S&P 500 dips. Support independent Sector: Building and construction | Revenue: $347m | Last Years Ranking: 35. 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.. It covers a total area of 402,903 and has a population of 1,706,500. . Sector: Building and construction | Revenue: $470.3m | Last Years Ranking: 40. But how he chooses to spend it is unique. So who has bought one? Founded in 1886, Angove Family Winemakers is a 5th generation, family-owned winery that produces premium South Australian wines, mainly from the McLaren Vale region. The Shahin family are South Australia 's wealthiest representatives on the inaugural edition of the The List Australia 's Richest 250, published in the Weekend Australian on Saturday. The Fortescue billionaire chairman is richer than ever, but several other miners have also made big fortunes since March. Uniti Wireless is a broadband internet provider, servicing homes and businesses across Australia. Billionaire investor Alex Waislitz has up to six unlisted companies in his portfolio that he believes are headed to public markets. Here are the ones with the most at stake. Sector: Financial | Revenue: $187m | Last Years Ranking: 2. Scammers had already claimed $150k in her name, Centrelink payment boost for 227,000 Australians, Australias biggest fuel retailer 7-Eleven up for sale, 14 million jobs will be eliminated in the next five years, new report finds, Delete it immediately: Aussies warned over DHL email, Bucket list: The holiday experience you have to try before you die, Residents bizarre message to neighbours over house renovation divides internet, How much super you need to retire comfortably revealed. Gina Rinehart top Australia's rich list followed by Clive Palmer and Finsbury Green is a print, managed services and logistics company based in Adelaide. Perth industrial landholder Michael Hodgson and Bob Ell, another major industrial property player, both enjoy big jumps in their values Hodgson is now worth $3.08 billion, up from $2.34 billion and Ell, worth $2.42 billion, is up from $1.98 billion. Cannon-Brookes has made plenty of headlines for his renewable energy pursuits, all while the share price of his software firm Atlassian has fallen markedly in the past year. Last year, Larry Diamond was sitting on a $598 million treasure trove, riding high on a global expansion of his Zip Co. Now he is in the crosshairs of the markets evisceration of the buy now, pay later sector. Investors are racing for the exit as losses increase, fears mount for stricter global regulations to curb unscrupulous lending, and rising inflation stokes fears of more bad debts. The heiress and mining magnate built her fortune on iron ore, and is also the second largest cattle producer in Australia. Atlassians Scott Farquhar has made several canny private investments, as he racks up an increasingly impressive record of picking start-up winners. If the Rich List was published today, Mrs Rinehart and Dr Forrest would have their noses in front, with Dr Forrest's wealth sitting at an estimated $28.1 billion, just ahead of Mr Cannon-Brookes . The leather good and fashion retailer posted strong double-digit sales growth over the year, but is bracing for a slowdown in 2023. Peter Coopers quest for freedom led him to a profound change he says not only makes him a better investor, but opens the way for a much bigger life. The list, compiled for InDaily by Adelaide financial services firm Taylor Collison, is the state's most definitive guide to our top companies (scroll to the bottom of the page for eligibility criteria).. Get InDaily in your inbox. You have been working in your nominated occupation, or a related occupation, for the last 3 months in Greater Adelaide, or 3 months in regional South Australia. RBA expected to hit pause. By continuing to use our site you are agreeing to our, 81. Sector: Agriculture | Revenue: Not meaningful | Last Years Ranking: 69. Major investor and chairman Charles Gibbon becomes a billionaire for the first time while fellow investor and WiseTech director Michael Gregg debuts with an estimated wealth of $648 million. The Richest People In South Australia, AU Below are the richest people in South Australia, AU. Tech unicorn Laurence Escalante, who got his first job at Hungry Jacks, is now a billionaire at just 39 thanks to the stunning success of his online game business. The results have been startling. The company now has a $1 billion share portfolio and large cattle and agricultural holdings. Pubs may be going through changing times but veteran hotel mogul Arthur Laundy reckons they still make up the fabric of Australia. The rise in iron ore, property and solid gains in manufacturing and the fact that tech was still well up overall has widened the gap between the top of the list and the rest. Construction of the project is expected to begin this month following a $116 million capital raise earlier this year, which has helped increase the Adelaide-based companys market capitalisation at the end of September to more than $600 million. Farquhar sits in fourth spot with $26.41 billion, up from $20 billion. Sector: Information technology and equipment | Revenue: $20.9m | Last Years Ranking: 50. He inherited ownership of the family business when his late father Richard Pratt died in 2009. Sparc Technologies Ltd develops innovative graphene-based technology solutions. Nova Group is the umbrella entity for a series of professional services firms operating in the areas of defence, aerospace, mapping, energy and utilities, software, communications and transportation. Sector: Agriculture | Revenue: $1.7b | Last Years Ranking: 11. Australia's 50 Richest 2023 - Forbes Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. Farquhar broke the Australian property record in January, when it was revealed he was shelling out $130 million to buy the Sydney harbourside home known as Uig Lodge in Point Piper. The differences between Andrew Forrest and Gina Rinehart on energy shine a light on the dilemma facing a nation blessed with oil, gas, and the sun and winds needed for renewables. 10-South Korea: This is the tenth-largest economy in the world in the year 2020-21 as per IMF. He also donated more than anyone else on the list, giving more than $109.6 million. Korvest is a supplier of cable and pipe supports, industrial access and safety systems, fastening solutions and galvanising services. A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Theres work to do for this 97-year-old who heads into the office each weekday. WA premier Mark McGowan has secured donations resource companies, including Gina Rineharts Hancock Prospecting, to help pay for a new Aboriginal cultural centre in Perth. Brian Flannery moved from surfing into mining and resort development, and now he even has his own solar train. But he once tried to join the Army, which would have meant Australias biggest tech company may not have been born | THE LIST: Our richest 250. Santos is a major oil and gas producer, supplying Australian and Asian customers with a portfolio of liquefied natural gas, pipeline gas and oil assets. Customs Agency Services is an international freight forwarding and customs brokerage organisation. CAMMS specialises in integrated software solutions for risk, strategy, and project management and grew its revenue by 24 per cent to $19.578 million in 2020-21. Chris Ellisons Mineral Resources is talking up its takeover bid for Norwest Energy as Gina Rinehart continues to slug it out with Strike Energy in the battle for Warrego. Late last year, Pratt announced he will spend more than $7 billion expanding in the US over the next decade, as part of the biggest ever expenditure strategy. Fyfe is a land, resource and infrastructure development consultancy specialising in engineering, environmental, planning and surveying services for a variety of industries. Your contribution goes directly to helping our journalists uncover the facts. Sector: Packaging | Revenue: $544m | Last Years Ranking: 36. Billionaire Alex Waislitz has attacked Grant Thornton for its decision to declare fair and reasonable a $107m takeover offer for listed fintech OneVue. He has built the biggest philanthropic foundation, Minderoo, among Australian billionaires, as well as a $5 billion investment business, Tattarang, that owns RM Williams, property and cattle interests. Knoll Consultants & Investments are a specialist food store business, primarily owning and operating Barossa Fine Foods and its brands, including The Cheesemonger, Angelakis Bros, Standom Smallgoods and Schulz Butchers. The Illawarra offering comes amid a boom in pub transactions across the country, an asset class which has surged in popularity as the nation emerged from two years of rolling pandemic lockdowns. While companies dont have to nominate to be included in the list, which is based on market capitalisation, local businesses are encouraged to put their names forward. Billionaire Alexandra Burt fell in love with the magic of ballet at five years old; now shes among our most generous arts donors. This year is crucial for the iron ore magnate, whom the market is watching to see if he can start delivering on his green energy dream. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 73. Gina Rinehart - $32.64 billion (down from $36.28 billion) 3 / 10 2. Sector: Building and construction | Revenue: $150.2m | Last Years Ranking: 87. He remains Glencores biggest individual shareholder, with its rising share price accounting for his increased wealth this year. The billionaire Fortescue chairman will pour big sums into his Minderoo Foundation after another big payday. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. These are the richest South Africans living in the US, UK and Australia Please take a moment to upgrade to the latest version. Business was different in those days, he says. Flight Centre boss Graham Turner is optimistic about the recovery of the wider publics travel habits even if he believes it will take some time to get back to pre-Covid levels. Codan is an Adelaide-headquartered manufacturer of metal detectors and communications equipment. Flinders Port Holdings is a privately-owned port operator with seven ports in South Australia, also offering hydrographic survey services. InDaily's ranking of the state's top 100 companies by market capitalisation and revenue covers the 2019-20 financial year.. Gina Rinehart tops the 2022 Financial Review Rich List for a third consecutive year, withstanding a challenge for pole position from the co-founders of Atlassian, Mike Cannon-Brookes and Scott Farquhar. Williams deal captured plenty of attention, but he has about $20bn of other assets across a diverse range of sectors. Sector: Agriculture | Revenue: $100m | Last Years Ranking: 49. He is based in Sydney. Though he turned 90 in early March, he shows little signs of slowing down. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: Unranked. Gina Rinehart tops Australia's richest while Clive Palmer doubles his wealth, Canva creator Melanie Perkins cracks the top 10 and all 250 on the list grow their fortunes by $50BILLION in just a year A high-stakes trial involving two billionaires and royalties from Rio Tinto iron ore mines is set to go ahead. At #7 Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. If youve been wondering where all of these people live, the places they call home have also been announced. Tic:Toc is a finance technology company that launched in 2017 to provide cheaper home loans using proprietary technology. Sector: Electrical | Revenue: $46.7m | Last Years Ranking: Unranked. Other retail giants include Tania Austin who owns Decjuba fashion brand with $640 million, and Simon and Tahnee Beards Culture Kings with a combined value of $503 million. That should stand them in good stead, and their valuation is only falling in line with other tech firms. Ever wondered what it costs to run your own superyacht? For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. The highest ranking newcomer Sam Prince came in at #112 with his Mexican-themed takeaway company Zambrero, and a wealth of $1.18 billion. Amazon Prime customers will soon pay $9.99/month for a subscription, as new data shows consumers are buying more streaming platforms than they cancel. Known . Combined, the businesses have more than $10 billion in annual revenue.