Friday, May 26, 2017

Australia has more billionaires than ever before

The total wealth on the Financial Review Rich List is a record $233 billion.
The top 10 wealthiest Australians are worth about $75 billion alone, while the average wealth for the 200 list members is a whopping $1.16 billion, the 2017 Rich List reveals.
Anthony Pratt tops the Rich List with record personal wealth of $12.6 billion and is one of three billionaires worth more than $10 billion – a first in the list's 34-year history.

Property tycoon Harry Triguboff has been knocked down to second spot, despite his wealth increasing to $11.45 billion, while stronger commodity prices boosted Ms Rinehart's fortune by more than $4 billion to an estimated $10.41 billion

1. Paper, packaging and recycling magnate Anthony Pratt - $12.6 billion
2. Property tycoon Harry Triguboff - $11.45 billion
3. Mining magnate Gina Rinehart - $10.41 billion
4. Westfield chairman Frank Lowy - $8.26 billion
5. Glencore boss Ivan Glasenberg - $6.85 billion

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