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Financial Review Rich List 2020
The ''Financial Review'' Rich List 2020 is the 37th annual survey of the 200 wealthiest people resident in Australia, published by ''The Australian Financial Review'' in ''The Australian Financial Review Magazine'' on 30 October 2020. The net worth of the wealthiest individual, Gina Rinehart, was 28.89 billion; while the net worth of the 200th wealthiest individual, Nigel Satterley, was 540 million; up from 472 million for the 200th individual in 2019. The combined wealth of the 200 individuals was calculated as 424 bn, an increase of 72 bn on the previous year; compared with a combined wealth of 6.4 bn in 1984 when the ''BRW'' Rich 200 commenced. The list included nineteen debutants, including three of Rinehart's children. Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; peaking in 2012, when her net worth was assessed at 29.17 bn. From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Motherson Sumi Systems
Samvardhana Motherson (formerly known as Motherson Sumi Systems Limited) is an Indian manufacturer of wiring harnesses, plastic components and rearview mirrors for passenger cars. The company was established in 1986 as a joint venture with the Sumitomo Group of Japan. History 1975-1999 In 1975, Vivek Chaand Sehgal and his mother established the Motherson Group as a silver trading business. Two years later, Sehgal set up a power cables factory. A collaboration with Tokai Electric Co. (now Sumitomo Wiring Systems) in 1983 led to the incorporation of Motherson Sumi Systems in 1986, primarily as a wiring harness manufacturer for Maruti Udyog. Motherson Sumi Systems started as a joint venture between Samvardhana Motherson International Ltd of India and Sumitomo Wiring Systems Ltd. (SWS) of Japan. The company was listed in 1993 on BSE and subsequently on NSE. 2000-2019 Motherson Sumi Systems went on to acquire several companies, the first being in 2002 when it acquired the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reece Group
Reece Limited is a publicly-listed Australian company, and the country's largest supplier of plumbing and bathroom A bathroom or washroom is a room, typically in a home or other residential building, that contains either a bathtub or a shower (or both). The inclusion of a wash basin is common. In some parts of the world e.g. India, a toilet is typically i ... supplies. Established in 1920, the company has businesses focused on the plumbing, bathroom, building, civil, irrigation, heating, air conditioning and refrigeration industries. Reece employs approximately 8,000 people and operates 800 branches that supply more than 300,000 products. The company is 70% owned by the Wilson Family. History In 1920 Harold Joseph Reece began selling plumbing products from the back of his truck and later opened the first HJ Reece store in Caulfield. In 1958 Les Wilson was offered a seat on the board and gradually began buying shares in the business. By 1969 the Wilson family was appro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 $250 million of Seven West Media convertible preference shares (CPS).WAN Proposal to Acquire Seven Media Group 8 March 2011, p.4 Seven West Media owns the , Australia's second largest commercial television network (by audience and advertising market share). It also owns '' |
Westfield Group
Westfield Group was an Australian shopping centre company that existed from 1960 to 2014, when it split into two independent companies: Scentre Group, which owns and operates the Australian and New Zealand Westfield shopping centre portfolio; and Westfield Corporation, which continued to own and operate the American and European center portfolio. Westfield Group undertook ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities. The multinational company was listed on the Australian Securities Exchange and had interests in and operated one of the world's largest shopping centre portfolios with investment interests in 103 shopping centres across Australia, the United States, the Netherlands, the United Kingdom, New Zealand, Italy, France, Sweden, Austria, Netherlands, Germany, Croatia, Poland, Czech Republic and Brazil, encompassing around 23,000 retail outlets and total assets under management in excess of A$ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mineralogy (mining Company)
Mineralogy is a mining company owned by Clive Palmer of Queensland, Australia. Mineralogy's mining projects are now producing and generating income. Mineralogy signed a deal with the Chinese infrastructure company CITIC Pacific to develop a small portion of a large iron ore deposit in the Pilbara region of Western Australia. The agreement involves the development of two magnetite mines and construction of port infrastructure at Cape Preston. According to Palmer the company owns more than of land in the region. Mineralogy was paid 415 million for the rights to mine the ore. According to Palmer the reserves contain 160 billion tonnes of iron ore. The company owns thermal coal deposits situated in the Galilee Basin. Estimates of the size of the deposits reach 100 billion tonnes of coal. Mineralogy has been in a long running legal dispute with CITIC Limited’s (formerly CITIC Pacific Limited) Australian subsidiary companies that are exploiting the magnetite mine in the Pi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meriton Apartments
Meriton is an Australian property developer and construction company founded by Harry Triguboff AO, its managing director, in 1963. Meriton sells apartments and also operates serviced apartments accommodation under its Meriton Suites brand in Sydney, Brisbane and the Gold Coast. In 2007, it was estimated the company was building about 1,200 apartments each year. By 2010 this figure had increased to 2,000 units. It is estimated that over the past 50 years, Meriton has built more than 65,000 residential apartments on the east coast of Australia. It also offers serviced accommodation in 17 locations. On 13 November 2013, Meriton celebrated its 50th anniversary with a party on Sydney Harbour for more than 300 current and former employees, friends, family and dignitaries from the political and business world. 2014 was a record year for the apartment developer, with the company's annual turnover rising more than 50 per cent to $2 billion, bringing it to 11th place in IBISWorld's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlassian
Atlassian Corporation () is an Australian software company that develops products for software developers, project managers and other software development teams. The company is domiciled in Delaware, with global headquarters in Sydney, Australia, and US headquarters in San Francisco. In the fourth fiscal quarter of 2022, Atlassian reported serving 242,623 customers in over 190 countries, with 10 million monthly active users. As of June 2022, the company had 8,813 employees internationally. Atlassian has a global team across 13 different countries; office locations include Amsterdam, Austin, Boston, New York, San Francisco, Mountain View, Manila, Yokohama, Bangalore, and Sydney. History Mike Cannon-Brookes and Scott Farquhar founded Atlassian in 2002. The pair met while studying at the University of New South Wales in Sydney. They bootstrapped the company for several years, financing the startup with a $10,000 credit card debt. The name is an ''ad hoc'' derivation from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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