The richest Aussies have been revealed … so who makes the top 10?

Ahead of the release of the annual Rich List, we take a look at how much the 10 wealthiest people in the country are worth

| More on:

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Iron mining magnate Gina Rinehart has once again affirmed her place at the top of the Australian wealth pile.

That's according to the Australian Financial Review (AFR) Rich List, which is published annually.

The AFR has released a 'sneak peek' at the top 10 list before the entire thing is released on Friday.

It shows Rinehart coming in as the richest Aussie for the second year in a row, with a fortune of $31.06 billion. That's up a casual few billion from the $28.89 billion she was worth on the 2020 list.

Even more interesting is the fact Rinehart would have been worth more than $40 billion – three times the $13.8 billion she was worth in 2019 – if the analysis had been done earlier this month when iron ore was fetching a record high of US$240 per tonne. It's asking US$172 a tonne today.

Rinehart is the head of Hancock Prospecting, one of the few privately owned iron ore miners in the country.

Iron ore remains the best route to the top of the Rich List, it seems.

Taking the number 2 spot is Fortescue Metals Group Limited (ASX: FMG) boss Andrew 'Twiggy' Forrest, with an estimated net worth of $27.25 billion.

That's also up substantially from the $23 billion he was worth in 2020.

Outside iron ore, the richest Aussies are…

Atlassian Corporation PLC (NASDAQ: TEAM) founders Mike Cannon-Brookes and Scott Farquhar take the third and fifth spots, with net worths of $20.18 billion and $20 billion, respectively.

Anthony Pratt and the Pratt family are at number 4 with $10.09 billion. Pratt is head of the private packaging company Visy, which was founded by his late father Richard.

Property magnate Harry Triguboff, of Meriton, takes the sixth spot with an estimated net worth of $17.27 billion.

Clive Palmer is also featured at number 7. His net wealth is estimated at $13.01 billion, up substantially from 2020's $9.18 billion.

Hui Wing Mau, a Hong Kong property developer, is the only Rich Lister in the top 10 to see their net wealth fall in 2021.

He is still one of the richest Aussies in the country, worth $11.7 billion. But that's a hefty backwards step from the $18.06 billion he was worth in 2020.

Frank Lowy remains a top-10 fixture, long after his family's exit from the old Westfield family business. This is currently represented by both Scentre Group (ASX: SCG) and Unibail-Rodamco-Westfield (ASX: URW) on the ASX.

Finally, we have Canva founders Melanie Perkins and Cliff Obrecht taking out the 10th spot. These billionaires are worth a collective $7.98 billion in 2021, well up from 2020's $3.43 billion.

Something to aspire to for the rest of us!

Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and recommends Atlassian. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

A happy elderly woman smiles and cheers as she looks at good investment news on her laptop.
Share Gainers

Here are the top 10 ASX 200 shares today

The ASX 200 notched up another record high this Thursday.

Read more »

Green arrow with green stock prices symbolising a rising share price.
Record Highs

Wait, did the ASX 200 just hit another all-time high?!

It was another big day for the ASX 200 record books this Thursday.

Read more »

Three shareholders climbing ladders up into the clouds
Share Gainers

11 ASX All Ords shares rising faster than Nvidia over the past year

Who knew? Here are the homegrown ASX companies outperforming Nvidia on share price growth over the past 12 months.

Read more »

a man wearing a gold shirt smiles widely as he is engulfed in a shower of gold confetti falling from the sky. representing a new gold discovery by ASX mining share OzAurum Resources
Share Market News

Guess which ASX mining share is jumping 8% on 'exciting gold discovery'

It has been a golden day for owners of this mining share. Let's find out why.

Read more »

Buy and sell keys on an Apple keyboard.
Broker Notes

1 ASX 200 share to buy and 1 to sell now

Goldman Sachs has given its verdict on these two stocks.

Read more »

A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
Share Fallers

Why Fisher & Paykel Healthcare, Humm, Novonix, and Webjet shares are tumbling today

These shares are having a tough session on Thursday. What's going on? Let's find out.

Read more »

a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.
Share Fallers

This ASX All Ords stock just crashed 23%! Here's why

Investors are sending the ASX All Ords stock tumbling today. But why?

Read more »

A beautiful woman holds up one finger with one hand and has her hand on her waist with the other as she smiles widely as though she is very pleased about something.
Share Gainers

Why DroneShield, Imricor, IAG, and Sayona Mining shares are roaring higher

These shares are making investors smile on Thursday. Why are they rising?

Read more »