New Zealand's Rich

The National Business Review has announced its annual New Zealand Rich List for 2018, and there are again a few familiar names in the mix. The combined total net worth of the rich listers came in at $100.8b, up from $79.9b in 2017.

The richest person on the list was again Graeme Hart, with the billionaire consolidating his place at the top by adding $1.5b his fortune, which now sits at $9b.  On a neat billion dollars is the Drury family, whose shares in Xero almost doubled in the last year.

There was also massive growth for the Mowbray family, whose net worth shot up from $300m to $1b this year. Another prominent billionaire on the list was Richard Chandler, whose net worth skyrocketed from $2b in 2017 to $4.7b in the latest rundown.

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12107265