The Financial Review Rich List 2024 is the 41st annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 30 May 2024.
The net worth of the wealthiest individual, Gina Rinehart, was $40.61 billion; while the net worth of the 200th wealthiest individual, Christian Beck, was $718 million; up from $690 million for the 200th individual in 2023. The combined wealth of the 200 individuals was calculated as $624.9 bn, an increase of $61.9 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the BRW Rich 200 commenced. Forty-one women were included on the 2024 Rich List, representing 20.5 per cent of the list; down from thirty-six women in 2023, or 18 per cent. The list included eleven debutants.
Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and has been 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 second in the 2024 Rich List.
List of individuals
2024NameCitizenshipSource of wealth2023RankNet worth bn Rank Net worth bn 40.61 Australia Hancock Prospecting; investment 37.41 26.49 Australia Meriton 23.80 24.38 and Annie Cannon-Brookes Australia Atlassian 19.01 23.30 and family Australia Visy; Pratt Industries 24.30 22.88 Australia Atlassian 18.16 22.75 Australia Mineralogy and other mining interests; hospitality 23.66 16.92 Australia Fortescue n/a 16.76 Australia Fortescue 33.29 14.86 AustraliaSouth AfricaSwitzerland Glencore commodities trading 13.60 13.62 and Cliff Obrecht Australia Canva 13.18 11.63 Australia WiseTech Global; Technology 9.11 11.30 Australia Property; Seven West Media; resources 7.45 10.64 and family Australia Reece Group 6.51 9.33 Sir Australia ex-Westfield; property 9.33 8.16 Australia Motherson Sumi Systems 4.20 6.94 Australia Property (shopping centres) 6.33 6.81 Australia Canva 6.59 6.08 and family Australia Walker Corporation (property) 5.81 5.85 and family Australia ex-Aristocrat Leisure; Gaming; manufacturing 5.22 5.69 Australia ex-Crown Resorts; ex-Consolidated Media Holdings 4.95 5.69 Australia Linfox; property 4.35 5.04 Australia Mining 4.63 4.88 Australia Competitive Foods Australia; investment 4.36 4.72 Australia Premier Investments; retail 3.97 4.62 , Zac Fried and family Australia Retail; property 3.95 4.51 Australia Gaming 3.11 4.32 and family Australia Goodman Group; property 3.71 4.20 Australia Property; investments 4.43 4.13 and Leonie Baldock Australia Resources 3.85 4.09 and family Australia Capital Airport Group; property 3.90 3.97 and family Malaysia Investor; resources 2.78 3.92 and Australia Chemist Warehouse; retail 2.38 3.83 and family Australia Financial services 2.67 3.75 Australia Gaming 3.90 3.75 United StatesUnited KingdomAustralia Media 3.35 3.60 Australia Retail; property; agriculture 3.33 3.42 Australia Property 3.50 3.39 and Australia Harvey Norman 2.91 3.38 Australia Chemist Warehouse 2.35 3.35 ChinaAustralia Shimao Property 4.90 3.33 and family Australia Kennards Self Storage 2.63 3.19 Australia News Corporation and News UK 2.57 2.98 and family Australia Investment 2.90 2.92 Australia Retail 2.72 2.89 Australia Pro Medicus; Technology 1.85 2.88 , Monica Weinberg-Saunders and family Australia ex-Westfield Group Property 2.76 2.71 , Paul Tieck and family Australia ex-Franklins; Property; investment 2.02 2.71 Australia IC Markets; financial services 3.42 2.68 Australia Property 2.43 2.67 Australia Hancock Prospecting 2.44 2.66 Australia Hancock Prospecting 2.42 2.65 Australia Hancock Prospecting 2.47 2.65 Australia Hancock Prospecting 2.20 2.64 and family Australia Retail 2.60 2.61 Australia Hospitality; property 2.23 2.55 Australia ex-TPG; Telecommunications 1.70 2.51 and family Australia Agriculture; property; So Natural, Narellan Town Centre 3.06 2.50 Australia Agriculture 2.27 2.43 Australia Cotton On Group; retail 2.00 2.36 Australia Retail; property 2.14 2.29 and family Australia Agriculture; Casella Family Brands 1.97 2.27 Australia Technology; gaming n/a not listed 2.25 Australia Toll Holdings 1.83 0.718 Australia Technology 0.747
Removed from the 2024 list
The following individuals, who appeared on the Financial Review Rich List 2023, did not appear on the 2024 list:
Notes : Individual was listed on a previous year's list, that was not the 2023 Rich List. : Previous years' listing was in the name of Lang Walker. Walker died on 27 January 2024. : Previous years' listings was in the name of Maurice Alter. Alter died on 13 April 2018.
See also Financial Review Rich List Forbes Asia list of Australians by net worth
References
External links