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 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
2016NameCitizenshipSource of wealth2015RankNet worth bn Rank Net worth bn 8.80 Cox Enterprises heiress n/a not listed 8.50 Hancock Prospecting; investment 11.70 6.90 Meriton 5.60 5.00 Ex-Westfield; property 5.00 3.60 Visy; Pratt Industries 3.50 3.50 Crown Resorts; Consolidated Media Holdings 4.70 3.20 Property (shopping centres) 3.60 2.80 Linfox 2.90 1.95 Telecommunications 1.60 1.90 Investment 2.10 1.85 Financial services 3.00 1.83 Manufacturing; investment 2.10 1.80 Sir Retail; investment 1.90 1.78 Atlassian 1.10 1.75 1.10 1.60 and family Reece Group; retail 2.00 1.54 Property 1.60 1.50 Competitive Foods Australia; investment 1.00 1.35 Harvey Norman; retail 1.30 1.30 Manufacturing; investment 2.00 1.27 Rydges Hotels & Resorts 1.20 1.24 Fortescue 2.10 1.20 Property development 1.20 1.10 Property (shopping centres) 1.20 1.10 and 7-Eleven Australia n/a not listed 1.02 Walker Corporation (property) 1.20 1.00 Property; Seven West Media; resources 1.20 0.97 Real estate 1.00 0.93 Resources 0.97 0.92 Premier Investments; retail 0.98 0.83 Logistics; real estate 0.82 0.77 Investment 0.75 0.76 Gaming; manufacturing 1.20 0.745 Poultry; property development 0.90 0.74 Agriculture 0.83 0.735 Real estate 0.71 0.72 Investment n/a not listed 0.70 Real estate 0.64 0.675 n/a not listed 0.66 Real estate 0.66 0.65 Real estate 0.74 0.645 Retail; agribusiness 0.77 0.64 Hotels 0.61 0.615 Food distribution 0.65 0.575 Flight Centre; travel services 0.57 0.57 WIN Corporation; investment 0.72 0.565 Cotton On Group; retail n/a not listed 0.55 Software; hospitality 0.63 0.51 Crown Resorts; investment n/a not listed 0.50 Blackmores; health supplements n/a not listed
Legend Icon DescriptionHas not changed from the previous yearHas increased from the previous yearHas decreased from the previous year
See also Financial Review Rich List Forbes list of Australia's 50 richest people
References