Australia's rich list

As 2010 draws to a close, it’s time to take a look Australia’s rich rankings. Taken from here

1. Andrew Forrest – $6.4 billion
Forrest has overtaken Westfield boss Frank Lowy as the richest man in Australia, thanks to a 77 per cent jump in the value of shares in Fortescue Metals Group since the start of June.
2. Gina Rinehart – $6.1 billion
Australia’s richest woman, Gina Rinehart, has made the headlines for her recent media sector investments in Ten Network and Fairfax Media, but it’s her iron ore empire that continues to boost her fortune. This is an extremely conservative valuation which doesn’t take in the full value of Rinehart’s potential $15 billion coal projects in Queensland.
3. Frank Lowy – $5.1 billion
Lowy’s fortune has increased slightly since July, thanks to a 5 per cent rise in Westfield shares.
4. Anthony Pratt and family – $4.8 billion
5. James Packer – $4.4 billion
6. Harry Triguboff – $4.4 billion
7. Clive Palmer – $4 billion

On some estimates, Palmer’s fortune could be double the number here.
8. John Gandel – $3 billion
9. Chris Wallin – $2.5 billion

The man behind private coal company QCoal which also owns stakes in other mines and projects, which makes this valuation very conservative and Wallin a rising rich list star.
10. Kerr Neilson – $2.4 billion
The share price of Kerr Neilson’s Platinum Asset Management has increased about 6 per cent over the last six months, helping to add another $100 million to the value of his stake.