BRW Rich 200, 2016
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BRW Rich 200, 2016
The ''BRW'' Rich 200, 2016 is the 33rd annual survey of the wealthiest people resident in Australia, published in '' The Australian Financial Review'' on 27 May 2016. From its establishment in 1984 and up until the publication of the 2016 list, the survey had been published in either hardcopy and/or online format in the '' BRW'', or formerly, the ''Business Review Weekly''. On 4 March 2016, Fairfax Media announced the closure of the ''BRW'' website, and redirected the site to a new section of '' The Australian Financial Review''. Rich lists are now published in ''The Australian Financial Review Magazine'' and in 2017 were rebranded as the ''Financial Review Rich List''. In the 2016 list, the net worth of the wealthiest individual, Harry Triguboff , was 10.62  billion. The combined wealth of the 200 individuals was calculated as 197.3 billion; compared with a combined wealth of 6.4 billion in 1984 when the ''BRW'' Rich 200 commenced. List of individuals : ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Westfield Group
Westfield Group was an Australian shopping centre company that existed from 1960 to 2014, when it split into two independent companies: Scentre Group, which owns and operates the Australian and New Zealand Westfield shopping centre portfolio; and Westfield Corporation, which continued to own and operate the American and European center portfolio. Westfield Group undertook ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities. The multinational company was listed on the Australian Securities Exchange and had interests in and operated one of the world's largest shopping centre portfolios with investment interests in 103 shopping centres across Australia, the United States, the Netherlands, the United Kingdom, New Zealand, Italy, France, Sweden, Austria, Netherlands, Germany, Croatia, Poland, Czech Republic and Brazil, encompassing around 23,000 retail outlets and total assets under management in excess of A$ ...
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List Of Australians By Net Worth
The ''Forbes'' list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by ''Forbes Asia'' magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online. In 2019, the entry mark for the 50th richest individual was 750 million. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of 14.8 billion; a 2.6 billion decrease in her personal net worth of 17.4 billion, as estimated by ''Forbes'' in 2018. 2019 marked the eighth time that Rinehart had headed the list. Prior to 2013, the list included the forty richest people in Australia; expanded to Australia's fifty wealthiest individual ...
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Financial Review Rich List
The ''Financial Review Rich List'', formerly known as the ''BRW Rich 200'', is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth published annually in ''The Australian Financial Review Magazine'', a supplement of ''The Australian Financial Review'', published by Nine Publishing. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list was historically released annually in May or June in a special issue of the ''Business Review Weekly (BRW)'', published by Fairfax Media. The final hardcopy issue of ''BRW'' was published in November 2013, and between 2014 and March 2016, the list was published online only. In March 2016 the ''BRW Rich 200'' was published in hardcopy in ''The Australian Financial Review Magazine'' (or ''AFR Magazine''), and published online on the ''Financial Revie ...
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Commodities Trading
A commodity market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. Futures contracts are the oldest way of investing in commodities. Commodity markets can include physical trading and derivatives trading using spot prices, forwards, futures, and options on futures. Farmers have used a simple form of derivative trading in the commodity market for centuries for price risk management. A financial derivative is a financial instrument whose value is derived from a commodity termed an underlier. Derivatives are either exchange-traded or over-the-counter (OTC). An increasing number of derivatives are traded via clearing houses some with central counterparty clearing, which provide clearing and settlement services on a futures exchange, as well as off-exchange in the OTC market. Derivatives such as futures contracts, Swaps (1970s-), Exchange-traded Commod ...
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Glencore
Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. The current company was created through a merger of Glencore with Xstrata on 2 May 2013. , it ranked tenth in the Fortune Global 500 list of the world's largest companies. In the 2020 Forbes Global 2000, Glencore International was ranked as the 484th-largest public company in the world. As of July 2022, it is the world's largest commodity trader. As Glencore International, the company was already one of the world's largest integrated producers and marketers of commodities. It was the largest company in Switzerland as well as the world's largest commodities trading company, with a 2010 global market share of 60% in internationally tradable zinc, 50% in internationally tradable copper, 9% in the internationally tradable grain market and 3% in the internationally ...
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SonntagsZeitung
TX Group AG (formerly Tamedia AG) is a media company headquartered in Zurich, Switzerland. Through a portfolio of daily and weekly newspapers, magazines and digital platforms, as well as own printing facilities, it is the largest media group in the country. Since 2000, Tamedia has been listed on the Swiss Stock Exchange. On January 1, 2020, Tamedia was renamed to TX Group AG. Aside from group management functions, TX Group has four operating companies: TX Markets, Goldbach, 20 Minuten, and Tamedia. The reuse of the Tamedia name for a subsidiary company, combined with reshuffling of brands, does create confusion. Marketshare In 2011, it was the biggest player in the Swiss press market, controlling a 41% market share, which rose up to 68% in French-speaking Romandie Romandy (french: Romandie or )Before World War I, the term French Switzerland (french: Suisse française) waalso used german: Romandie or , it, Romandia, rm, Romanda) is the French-speaking part of western Sw ...
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Fortescue Metals Group
Fortescue Metals Group Limited (often referred to as Fortescue Metals Group, FMG, or simply Fortescue) is an Australian iron ore company. As of 2017, Fortescue is the fourth-largest iron ore producer in the world. The company has holdings of more than 87,000 km2 in the Pilbara region of Western Australia, making it the largest tenement holder in the state, larger than both BHP and Rio Tinto. Governance Andrew "Twiggy" Forrest is chair and owns a third of the company. Elizabeth Gaines is currently the CEO of Fortescue, but Forrest will assume an 'Executive Chairman' role and in effect act as the CEO on an interim basis from August 2022 when Gaines moves into the role of global brand ambassador for the company's renewable energy arm, Fortescue Future Industries until a replacement is found. Mining projects The group has two main areas of operation located within the Pilbara region of Western Australia, the Chichester Hub and Solomon Hub. Plans to develop a third, West ...
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Consolidated Media Holdings
Consolidated Media Holdings (CMH) was an Australia investment company focused on subscription television. History Consolidated Media Holdings (CMH) was a publicly listed Australian company. Its two largest shareholders were Consolidated Press Holdings and the Seven Group Holdings. CMH was formed following a name change by Publishing & Broadcasting Limited (PBL), and the PBL and Crown Schemes of Arrangement, in November 2007. CMH had a 25 per cent interest in Foxtel. CMH's stake in Foxtel was held jointly with News Corp through the joint. The remaining 50% share of Foxtel was owned by Telstra. CMH had a 50 per cent shareholding in Fox Sports, Speed, Fox Footy, Fox Sports News and Fuel TV), with the other 50 per cent held by News Corp. CMH previously held a 50% interest in PBL Media, with assets including the Nine Network, NBN Television, Sky News Australia, Australian Consolidated Press, NineMSN, Carsales, Ticketek and the Sydney Super Dome. In September 2007 CMH sold down a ...
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Crown Resorts
Crown Resorts Limited is Australia's largest gaming and entertainment group that owns and operates two of Australia's leading gambling and entertainment complexes, Crown Melbourne and Crown Perth. It was listed on the Australian Securities Exchange until purchased by Blackstone in June 2022. History The company was established in 2007 when Publishing & Broadcasting Limited (PBL) divested its gambling assets to Crown Limited. PBL was renamed Consolidated Media Holdings, retaining all of the remaining assets. In December 2007, Australian gambling company Crown Limited agreed to buy CCR for $1.75 billion. The agreement was ended in March 2009, however, with Crown instead buying a 24.5 percent stake in the company for $370 million, and paying a $50 million termination fee. In 2008, Crown attempted to enter the Las Vegas gambling market by acquiring a 19.6 per cent stake in Fontainebleau Resorts for US$250 million, which resulted in a total loss the following year when other inv ...
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Shimao Property
Shimao Group Holdings Ltd. (), formerly Shimao Property Holdings Ltd. (Chinese:世茂集团控股有限公司), is a diversified real estate development company that specializes in property development, property investment, and hotel operations in the People's Republic of China. The group develops large-scale residential projects, hotels, and other commercial buildings in prime locations, and it is one of the largest property developers in the People's Republic of China. As of February 2013, Shimao Property Holdings Ltd. owned a bank of land totaling 36.2 million square meters, making it one of the top real estate developers in China in terms of land bank size. The group's projects have been well received by property buyers and investors in China and internationally, and they have won several awards. The group is headquartered in Wan Chai, Hong Kong, and Shanghai. History Shimao Property Holdings Ltd. was founded in 2001 by Chinese entrepreneur and billionaire, Hui Wing Mau. ...
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Hancock Prospecting
Hancock Prospecting Pty Ltd is a leading Australian owned mining and agricultural business run by Executive Chairman Gina Rinehart and CEO Garry Korte. At stages of its trading, the company has been known as Hancock Prospecting Ltd, Hancock Resources Ltd, Hanwright Pty Ltd, Hancock & Wright Ltd, and Hancock Prospecting Pty Ltd. Hancock Prospecting Pty Ltd is owned by Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%). The company was founded in 1955 by Rinehart's father, the late Lang Hancock. Hancock Prospecting holds the mineral rights to some of the largest Crown land leases in the Pilbara region of Western Australia. Upon assuming the Executive Chairmanship, Rinehart took over a company that was in a perilous financial position with significant debt and major assets mortgages and under threat of seizure. Activities The Hancock Group of Companies holds numerous iron ore leases in the Pilbara. The leases cover an area of predominantly in the Central Pilbara region ...
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