Williams deal captured plenty of attention, but he has about $20bn of other assets across a diverse range of sectors. Headed by Richest 250 member Fung Lam, New Aim is an Australian e-commerce success story, which is seeking external capital for the first time to bolster growth. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 65. 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. Glasenberg was listed last year as a defendant in a class action-style lawsuit brought against Glencore in Londons High Court promoted by the companys conviction for bribery across several African countries when Glasenberg was in charge. Skilled Migrants. Sector: Energy | Revenue: Undisclosed | Last Years Ranking: 97. Atlassians Scott Farquhar has made several canny private investments, as he racks up an increasingly impressive record of picking start-up winners. Renascor Resources explore, develop and evaluate mineral properties in Australia. 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 . Most Rich Listers live in NSW (79), followed by Victoria (60) and Queensland (19). The Richest People In South Australia, AU Below are the richest people in South Australia, AU. Sector: Engineering | Revenue: $52 million | Last Years Ranking: 84. It has more than 3000 employees across about 150 OTR sites in the state. That the Bras N Things and Sanity Music founder could get away with an offer for the budget retailer less than its previous closing price is a sign of his stellar reputation. Mayne Pharma Group is a specialty pharmaceutical company focused on applying its drug delivery expertise to commercialise branded and generic pharmaceuticals. Brian Flannery moved from surfing into mining and resort development, and now he even has his own solar train. Sector: Information technology and equipment | Revenue: Undisclosed | Last Years Ranking: 10. 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. Love them, hate them, or envy them, Australias richest people have been announced for 2022 by The Australians The List. Zip Cos market cap has capitulated from about $6 billion a year ago to just $700 million, leaving Diamond with a far smaller fortune of about $70 million. Billionaire investor Alex Waislitz has up to six unlisted companies in his portfolio that he believes are headed to public markets. The billionaire owner of Australias global success story had to get creative when his team hit massive issues getting toys from China. CLICK HERE FOR THE FULL INTRODUCTION AND METHODOLOGY.. Buddy Technologies Limited produces data aggregation, management and control platforms for the internet of things and connected devices. Sector: Energy | Revenue: Undisclosed | Last Years Ranking: Unranked. Palmer announced in January he was selling his Queensland Nickel refinery in Townsville for $1.5 billion to the little-known Swiss-based firm Zero Carbon Investek. Parafield Airport is South Australias premier general aviation airport and is a major world-standard international training airport. Peter Cochrane Management (Cochranes Transport), 62. Get InDaily in your inbox. Sector: Electrical | Revenue: $46.7m | Last Years Ranking: Unranked. Image: The Australian. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: Unranked. Of the 250 people on the list, only 30 of them are women, a slight improvement from last years 27. Finsbury Green is a print, managed services and logistics company based in Adelaide. Kilbirnie Investments has a series of automotive dealerships and horticulture assets, predominantly in South Australia and Victoria. Wallbridge Gilbert Aztec is an engineering and project management firm offering consulting services, including structural, civil, maritime, mechanical, geotechnical, heavy lifting, temporary works, project management, electrical and pressure vessels. Billionaire Clive Palmer says he is paying bucket loads of tax after pocketing hundreds of millions of dollars in dividends from Mineralogy. Post jobs and search for local talent on 7NEWS Jobs >>. With fitness routines that speak to their enduring determination, veteran operators Harry Triguboff, Arthur Laundy and Bob Magid are not taking things lying down. You can. Queensland retail couple Tah-nee and Simon Beard fail to make the list after taking equity in US-listed AKA Brands as part of the second tranche of their sale of Culture Kings. Billionaire Alex Waislitz has attacked Grant Thornton for its decision to declare fair and reasonable a $107m takeover offer for listed fintech OneVue. Theyre among the biggest names in business, and under the age of 40. The sixth-generation family-owned company has a diverse range of agricultural assets and is one of Australias biggest wool producers. Duxton Broadacre Farms offers investors a diversified portfolio of Australian farms. Arrowcrest is the parent company of automotive and farming machinery companies ROH Wheels, John Shearer, Unicast, Tristar, NonFerral, Kockums Industries and Brownbuilt. Billionaire property developer and Richest 250 lister Lang Walker cant handle people using COVID as an excuse.. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 27, Andromeda explores for halloysite, gold and copper deposits. A select group of Australian billionaires had a very good pandemic indeed. Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market. Camms offer business software with integrated solutions for projects and strategy to help clients manage risk and optimise organisations. Clive Palmer makes more income than almost every other Australian billionaire. Sector: Financial | Revenue: $187m | Last Years Ranking: 2. With mining and technology industries boosting these loaded individuals to the top, some of these wealthy names wont come as a surprise. See how the race unfolded here. Independent Pub Group Holdings (GM Hotels), 28. The tech downturn could put plans for Canva to go public, probably in the US, on the backburner for now. Welcome to the $39bn suburb that is home to more billionaires than anywhere else in Australia. Peregrine Corporation is South Australias largest private employer, with over 5000 employees. Companies owned in part or whole by government, government agencies and organisations, and registered charities are not eligible. Thirty-two years after founding their eponymous label, sisters Nicky and Simone Zimmermann have reaped the rewards of putting Australia on the international fashion map. With at least 80 of the hotels he jointly owns shut in Victoria, Bruce Mathieson says its the worst times hes seen. This is also known as Online Behavioural Advertising. All but a handful still actively work in the businesses that have generated their wealth. Provisional subclass 491 visa. You must have completed a Bachelor or higher qualification in SA that meets the South Australian study requirements Sophie Ireland Stats Gate April 24, 2021. 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. 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One South African-born businessman, Ivan Glasenberg, featured in the 2022 rich list for Australia, while Oppenheimer was joined by retail investor Christo Wiese in the UK rich list for this year. Theres no superyacht access but plenty of room for a tennis court. Tania Austin, the owner of Decjuba, is one of the most impressive new names on The List Australias Richest 250 this year. The vitamins groups shares slumped on flat profits as consumers hunted down the cheapest price amid tough cost pressures. The company has maintained the rage over the Labor governments industrial relations changes while handing down a huge return for billionaire Gina Rinehart. Media diversity is under threat in Australia nowhere more so than in South Australia. The total wealth held by the nation's richest 100 self-made entrepreneurs aged 40 or under has plunged 27 per cent . 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. Kennetts is a family-owned company that delivers major commercial construction projects. Copyright Nationwide News Pty Ltd. All times AEST (GMT +10:00). Sector: Other | Revenue: $44.9m | Last Years Ranking: 79. Terramin is a base and precious metal development company with advanced zinc and gold projects in South Australia and Algeria. Melbourne property developer Michael Buxton is enjoying the fruits of his labours as he ponders how best to hand on his wealth. Weeks Group is a residential builder in South Australia and Victoria. Leigh Creek Energy Limited is developing a coal gasification project, the Leigh Creek Energy Project, located 550km north of Adelaide. 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. The total valuation of Australia's 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list . *The company has changed its name to Kelsian Group since the original 2021 list was published. GPA Engineering is a multidisciplinary engineering and management firm. SeaLink is a tourism and transport company, operating across Australia, with more than 9000 staff and six million customers annually. Mining magnates and property barons are still doing well on The List, but technology titans like Mike Cannon-Brookes and Melanie Perkins are the big losers this year. Take our quiz and find out what kind of billionaire youll be when you strike it rich. The combined wealth of the country's 50 richest swelled to $213 billion, a hefty 70% jump from 2019 when we last published the list. Daily. Sector: Food and Beverage | Revenue: Undisclosed | Last Years Ranking: 71. The hottest trophy asset for Australias rich elite right now is a $100m jet. Sector: Agriculture | Revenue: $48.5m | Last Years Ranking: 67. It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business pay staff well, hire more women and stay out of the way. Shes one of Australias most successful and most wealthy retailers. 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 technology revolution has arrived, changing the face of the ranks of Australias wealthiest individuals. The wealthy can be highly secretive. Creditors include four entities in billionaire Anthony Pratts Visy Group, and the founder of Kathmandu outdoor clothing, Jan Cameron. That has included a major shareholding in AGL, where he managed last year to have four candidates he put forward for the board elected amid an effort to convince the energy giant to accelerate a transition to renewables. 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. Travel is back and so is the Flight Centre share price which, combined with the Spicers Retreats business owned with wife Judy, lifts the couples wealth to $629 million as they sneak into 200th place after a two-year hiatus. The Dicker Data founder is one of dozens of Richest 250 members to have lost money this year. She doesnt. 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. The Australian's 2022 edition of The List - Australia's Richest 250, to be released on . Sector: Food and Beverage | Revenue: $274m | Last Years Ranking: 48. Cannon-Brookes has ploughed much of the proceeds, which follow similar planned selldowns since Atlassian was floated on the NASDAQ in late 2015, into Sydney property and some into green-related investments. But NSWs most wealthy people still have plenty of cash to play with. 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That accounts for much of the drop in his estimated wealth, though both he and cofounder Scott Farquhar should reap more than $1 billion each from a steady selldown of a small portion of their Atlassian shares over the year. Elixir Energy is a gas exploration and development company focused on exploring Mongolia for natural gas. Community CPS Australia (Beyond Bank), 24. Today we reveal the top 20 companies in InDailys South Australian Business Index our annual review of the top private and public companies in the state and the winners of the four awards categories. He has pledged to spend that money on American recycling and clean energy infrastructure to create more than 5000 manufacturing jobs in 10 years. Alcidion Group Limited is a health informatics company providing clinicians with decision support tools. Farquhar sits in fourth spot with $26.41 billion, up from $20 billion. The average age of a Rich Lister is 67.7, up from 66 last year. Established in 1984 when Fred Shahin purchased a small BP service station in Woodville Park, Peregrine is now the largest private company in SA with revenues approaching $3 billion in 2020-21. The all-powerful Packer family was once Australias wealthiest but iron ore barons and tech unicorns have leapt ahead of James. The Detmold Group is a manufacturer of paper and board-based packaging products for a diverse range of customers. 10. 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. 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. Sector: Information technology and equipment | Revenue: $20.9m | Last Years Ranking: 50. Rank State or territory GSP (million A$, 2003-04) GSP (million A$, 2013-14) Net growth (million A$) Growth rate per year; 1: Mossop is a construction and interiors company working on commercial, education, health, hospitality and residential projects. Mannix Electrical Pty Ltd is an electrical contracting business that specialises in air conditioning, home heating and solar. Fellow mining magnate Andrew Forrest came in second with a combined wealth of $31.77 billion. Samuel Smith & Son is a family-owned wine merchant established in 1923, servicing the Australian liquor industry with a portfolio of national and international wines, spirits and premium ales. Bitcoin retreats. *combined with Cliff ObrechtThe darlings of the technology sector have fallen back to earth somewhat in the past year, with the value of their digital graphics business Canva slashed by investors by about one-third. Formed in 1961, Beach Energy is an oil and gas exploration and production company headquartered in Adelaide. The highest ranking newcomer Sam Prince came in at #112 with his Mexican-themed takeaway company Zambrero, and a wealth of $1.18 billion. SAGE Group Holdings provides electrical engineering and automation services in Australia. The real art is in putting things together in a better way. Mike Cannon-Brookes is worth $26.20 billion and and Scott Farquhar $25.99 billion. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 13. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. The Australian doesn't play nicely with your current browser. A unique collection of NFTs celebrates their success. 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. Silk began with one clinic in South Australia offering a range of cosmetic services, and now has locations across the country. Alice Car Centre is an entity of the Peter Kittle Motor Company, which runs a series of automotive dealerships. The Gday Group is Australias largest regional accommodation provider with 280+ properties across Australia, including 60+ owned and managed holiday parks. 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. Jonathan Hallinan, the developer behind Melbournes distinctive Shadow Play skyscraper, has died at 47 after a battle with cancer. 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. They wind down in various ways, from the sporty to the leisurely or just collecting ritzy houses. Hancock Prospectings flagship Roy Hill mine delivers a $3.3 billion dividend despite weaker iron ore prices. Sector: Travel and accommodation | Revenue: $207m | Last Years Ranking: 14. He is building more in Queensland and Melbourne, and expanding his serviced apartment business as travel increases. Beston Global Food Company Limited exports a range of food products, focusing on dairy and meat. FFI plans to spend billions on turning green hydrogen into a major commodity, though it is the iron ore price that has driven FMGs profits and the increase in Forrests wealth in the past year. That should stand them in good stead, and their valuation is only falling in line with other tech firms. But there are others also making big money in fashion. The Hungry Jacks founder is unfazed by US burger chain Wendys foray into Australia he saw exactly what happened the last time it tried to expand Down Under. Zareh Nalbandian was paid more than $700 million when he sold his Animal Logic animation studio to Netflix last November, an analysis of the streamers accounts reveals. This year it became Australias third most valuable privately held tech company, attracting investment from Singapores Temasek and Chinas Tencent. The countdown finishes today with the full list, including the top 20 which features some newcomers. Two things Richest 250 members have in common, Rinehart tops Richest 250, Canvas Perkins the big mover, The Australian brings you the countrys richest as NFTs, Simple lessons in David Dickers 25-year overnight success, Cars and politics fuel Clive Palmers passion play, High flyers: Private jets the new toy of choice, Richest 250 recast: Young tech stars topple old guard, Helping other tech unicorns find their feet, Packer $400m richer by lunch, but sliding down Richest 250 list, How our biggest names thrived during the pandemic, Millionaires secret to picking right stocks. 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. A company founded and majority-owned by South Australians. Sector: Building and construction | Revenue: $83 million | Last Years Ranking: 52. Young Rich List wealth takes $11b hit after tech plunge. Included in The List are 131 billionaires, 29 newcomers, and 30 women. While the last year brought money woes for many Australians, wealth surged for others, as the list welcomed a record 29 new names to the list. Pubs may be going through changing times but veteran hotel mogul Arthur Laundy reckons they still make up the fabric of Australia. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 70. In Australia, Pratt is already working on spending $2 billion on new clean energy plants and other initiatives such as increasing the recycled content of glass bottles. Khalil "Charlie" Shahin. Updated Oct 28, 2022 - 8.46am, first published at Oct 27, 2022 - 5.45am. Thomas Foods International is Australias largest 100 per cent family-owned meat-processing company. Gina Rinehart topped the Richest 250 list overall for 2022, with a massive $32.64 billion in wealth. But they dont hold back when they are asked about their tips for staying fit. Sector: Infrastructure and transportation | Revenue: $240m | Last Years Ranking: 9. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. The Manly offering is part of family succession planning and follows Robert Magids sale of the Harbour Rocks Hotel in Sydney and the Hotel Lindrum in Melbourne. Your contribution goes directly to helping our journalists uncover the facts. It has been another big year for Rinehart, who maintains her number-one position on the Richest 250. 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. He is now back as FMGs executive chairman to try to fulfil that green energy dream. 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. Sector: Building and construction | Revenue: Undisclosed | Last Years Ranking: 51. Royal Automobile Association of South Australia, 15. Despite the sell-off, the 2022 Rich List marks a record year for wealth creation. Sector: Information technology and equipment | Revenue: $158m | Last Years Ranking: 15. The data,.
south australia rich list 2022