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Forbes List Of Australia's 50 Richest People 2016
The ''Forbes'' list of Australia's 50 richest people is the annual survey of the fifty wealthiest people resident in Australia, published by ''Forbes Asia'' in January 2016. The net worth of the wealthiest individual, Blair Parry-Okeden, was estimated to be 8.80 billion. It was the first and only time that Parry-Okeden appeared on the ''Forbes'' Australian list. She is a US-citizen and, despite living in Australia, is not eligible for admission on the list. List of individuals See also * ''Financial Review'' Rich List * ''Forbes'' list of Australia's 50 richest people References {{Lists of Australian people by net worth, state=collapsed 2016 in Australia 2016 File:2016 Events Collage.png, From top left, clockwise: Bombed-out buildings in Ankara following the 2016 Turkish coup d'état attempt; the impeachment trial of Brazilian President Dilma Rousseff; Damaged houses during the 2016 Nagorno-Karabakh ...
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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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Linfox
Linfox is an Australian transport and logistics and supply chain business founded in 1956 by Lindsay Fox. History Linfox was established in 1956 by Lindsay Fox as Lindsay Fox Cartage with one truck in Melbourne. In 1958, a contract with Schweppes saw the fleet grow to ten trucks. In the early 60's Lindsay joined with BP to distribute heating oil in Melbourne thus doubling his fleet. By 1966, the fleet comprised over 60 trucks. In the 1970s it expanded into New South Wales and Queensland, operating over 1,000 vehicles by the end of the decade winning notable distribution and warehousing contracts with Coca-Cola, Coles and Woolworths.Our History
Linfox
In 1984 Linfox commenced operations in Asia with an operation in and ...
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Cotton On Group
Cotton On Group is Australia's largest global retailer, known for its fashion clothing and stationery brands. As of 2020, it has over 1,500 stores in 18 countries employing 22,000 people across seven brands: Cotton On, Cotton On Kids, Cotton On Body, Factorie, Typo, Rubi, Supré, and Cotton On Foundation. The design team in the company's Australian office, control the steps of production from merchandise planning to establishing specifications, and production is outsourced to approximately 850 suppliers and factories globally. Cotton On Group sources its materials and products from a number of locations worldwide with the majority of its suppliers being located in China, Bangladesh, India and Australia. It also works with suppliers in Sri Lanka, Hong Kong, the United States and other parts of Asia. These facilities are used for horizontal division of labour, rather than being integrated. Cotton On is a main sponsor of the AFL Women's, the Australian rules football league for ...
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WIN Corporation
WIN Corporation is a private Australian media company, that owns assets including the WIN Television network, Crawford Productions and several local radio stations. The company is based in Wollongong, New South Wales. History Founding The WIN brand began from a sole free-to-air terrestrial television station in Wollongong, WIN-4, owned by Television Wollongong Transmissions (TWT). In 1979, then-owner Rupert Murdoch sold his 76 per cent controlling interest in TWT to ''Oberon Broadcasters'', a private investment group which included Paramount Television programming executive Bruce Gordon. This allowed Murdoch to purchase Sydney station TEN-10. In 1985, TWT was made public on the-then Sydney Stock Exchange as ''TWT Holdings Limited'' with Gordon retaining a 70 per cent stake. Gordon privatised the business in 1992 to become ''WIN Corporation''. Expansion, aggregation and industry consolidation In the late 1980s, the Federal Government's television equalisation program (known a ...
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Flight Centre
Flight Centre Travel Group (FCTG) is an Australian travel agency. It was founded in 1982, and is headquartered in Brisbane, Australia. FCTG operates under multiple names in Australia, New Zealand, United States, Canada, United Kingdom, South Africa, India, China mainland, HongKong(China), Singapore, United Arab Emirates, and Mexico, and licenses its name in a further 80 countries. In the United States, the company operates under the Liberty Travel and Travel Associates retail brands and GOGO Worldwide Vacations as a wholesale brand. It also operates StudentUniverse, FCM Travel Solutions, Corporate Traveler, ciEvents, Campus Travel, Stage & Screen, and Healthwise. History The company was co-founded by Graham Turner and Geoff Harris in 1982 and began with a store in Sydney. In 1995, Flight Centre UK and Flight Centre Canada opened.André Sammartino (2007), 'Retail', in Dick, H. & Merrett, D. (eds.), ''The Internationalisation Strategies of Small-Country Firms: The Australian E ...
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Premier Investments
Solomon Lew (born 22 March 1945) is an Australian businessman. His principal commercial activities involve importing apparel, toys and other goods into Australia from China and investments, mainly in retail companies. As a teenager, Lew supplied dresses to the Myer, Myer Emporium in Melbourne using his company Voyager Solo. In 2014 Lew built a ten per cent stake in David Jones Limited after South African retailer Woolworths launched a takeover bid for the department store. Lew was formerly a director then chairman of Coles Myer (now known as the Coles Group) until voted out by shareholders. He was also involved in an attempt to resurrect Ansett Australia, Ansett airlines with Lindsay Fox following its collapse in September 2001. In 2008 he returned to the board of his public company, Premier Investments, and became its chairman. In 2016 he became the first Australian to be inducted into the World Retail Hall of Fame, which recognises the lifetime achievements of retail "legends ...
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Seven West Media
Seven West Media Limited is an ASX-listed media company and is Australia's largest diversified media business, with an extensive presence in broadcast television, print and online publishing. Seven Group Holdings Ltd (SGH), a company controlled by Australian Capital Equity, is Seven West Media's largest shareholder, with over $1 billion in Seven West Media shares and $250 million of Seven West Media convertible preference shares (CPS).WAN Proposal to Acquire Seven Media Group
8 March 2011, p.4
Seven West Media owns the , Australia's second largest commercial television network (by audience and advertising market share). It also owns ''

Walker Corporation
Walker Corporation is an Australian privately-owned property development company. Most notably, Walker Corporation is responsible for the development and restoration of several significant Australian sites, including King Street Wharf, Finger Wharf, Broadway Shopping Centre, and Rhodes Waterside shopping centre in Sydney. History The company was founded in 1964 by Lang & Alec Walker, initially as an earthmoving and civil engineering business until 1972 when Lang Walker formed The Walker Group and expanded into property development. Walker Corporation joined the Australian Securities Exchange in 1994. In 1999, Lang Walker sold his shares in Walker Corporation Ltd to Australand Holdings Limited (now Frasers Property), reserving the right to reuse the Walker Corporation name after January 2003. Lang Walker exercised that right in 2003, renaming McRoss Developments Pty Ltd to Walker Corporation. In 2006, Walker Corporation sold over A$1.1 billion worth of assets to Mirvac, retainin ...
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7-Eleven
7-Eleven, Inc., stylized as 7-ELEVE, is a multinational chain of retail convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946. After 70% of the company was acquired by an affiliate Ito-Yokado in 1991, it was reorganized as a wholly owned subsidiary of Seven & I Holdings. 7-Eleven operates, franchises, and licenses 78,029 stores in 19 countries and territories as of November 2021. While operating under its namesake brand globally, within the United States it operates as 7-Eleven nationally, as Speedway nationally but mostly in the Midwest & East Coast, and as Stripes Convenience Stores within the South Central United States; both Speedway and Stripes operate alongside 7-Eleven's namesake stores in several markets. 7-Eleven also operates A-Plus locations with the name licensed from owner and fellow Metroplex-based Energy Transfer Partners, though most of these sto ...
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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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Rydges Hotels & Resorts
Rydges Hotels & Resorts, or Rydges, is a hotel accommodation and hospitality provider that operates in Australia and New Zealand. Rydges accommodates one million guests annually, across a range of market segments. Rydges is a subsidiary of the ASX-listed Event Hospitality and Entertainment, a corporation that owns and operates brands in the entertainment, hospitality, and leisure sectors, mainly within Australasia. History Between 1988 and 1995, Rydges grew from eight to twenty-six branded four-star hotels. In the early years, the individual character of the hotels was encouraged with a collection of logos and names designed to suit each location. The Rydges portfolio comprises a range of mid to upscale hotels that cater to corporate travelers in its city locations as well as the holidaymaker in the resort destinations. Over the past few years, Rydges has expanded its activities to Dubai in the United Arab Emirates, Doha in Qatar, London in the United Kingdom, as well as to F ...
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Harvey Norman
Harvey Norman is a large Australian-based, multi-national retailer of furniture, bedding, computers, communications and consumer electrical products. It mainly operates as a franchise, with the main brand and all company-operated stores owned by ASX-listed Harvey Norman Holdings Limited. As of 2016, there are 280 company-owned and franchised stores in Australia, New Zealand, Europe and South-East Asia operating under the Harvey Norman, Domayne and Joyce Mayne brands in Australia, and under the Harvey Norman brand overseas. History Gerry Harvey and Ian Norman opened their first store in 1961, which specialised in electrical goods and appliances. Harvey and Norman had first met when both were working as door-to-door vacuum cleaner salesmen. The store's success prompted Harvey and Norman to expand the business and conduct talks with retailer Keith Lord, who sought to expand his own retail group. They could not settle on a name for the new business, with Harvey and Lord relucta ...
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