Forbes List Of Australia's 50 Richest People 2018
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Forbes List Of Australia's 50 Richest People 2018
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 2018. The net worth of the wealthiest individual, Gina Rinehart, was estimated to be 17.40 billion. List of individuals The following is the list of Australia's 50 richest people for the year of 2018. See also * ''Financial Review'' Rich List * ''Forbes'' list of Australia's 50 richest people References {{Lists of Australian people by net worth, state=collapsed 2018 in Australia 2018 File:2018 Events Collage.png, From top left, clockwise: The 2018 Winter Olympics opening ceremony in PyeongChang, South Korea; Protests erupt following the Assassination of Jamal Khashoggi; March for Our Lives protests take place across the Unit ...
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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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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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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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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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Canberra Airport
Canberra Airport is an international airport situated in the District of Majura, Australian Capital Territory serving Australia's capital city, Canberra, as well as the nearby city of Queanbeyan and regional areas of the Australian Capital Territory, and southeastern New South Wales. Located approximately from the city centre, within the North Canberra district, it is the eighth-busiest airport in Australia. The airport serves direct flights to all Australian state capitals, as well as to many regional centres across the Australian east coast. Direct international links previously operated from Canberra to Singapore and Wellington. While flights to Qatar also use to operate via Sydney. Canberra Airport handled 3,217,391 passengers in the 2018–19 financial year. Major redevelopment work completed in 2013 included the demolition of the old terminal, replacing it with a new facility designed to handle up to 8 million passengers annually. In addition to serving airline tra ...
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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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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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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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Competitive Foods Australia
Competitive Foods Australia (CFA) is the largest franchiser of restaurants in Australia. It is owned and operated by Jack Cowin. Its units are Hungry Jack's and, previously, some KFC stores. Holdings Hungry Jack's Hungry Jack's is the exclusive Australian master franchisee of Burger King Corporation. Competitive Foods Australia owns over 400 Hungry Jack's stores. When Burger King decided to expand its operations into Australia, it found that its business name was already trademarked by a man running a small takeaway food shop in Adelaide. Thus, Burger King was forced to change the name when it decided to open stores in the country – the only time this has happened in its corporate history. Burger King provided the Australian franchisee, Jack Cowin, with a list of possible alternative names that the Australian Burger King restaurants could be branded as. The names were derived from pre-existing trademarks already registered by Burger King and its then corporate parent P ...
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Mineralogy
Mineralogy is a subject of geology specializing in the scientific study of the chemistry, crystal structure, and physical (including optical) properties of minerals and mineralized artifacts. Specific studies within mineralogy include the processes of mineral origin and formation, classification of minerals, their geographical distribution, as well as their utilization. History Early writing on mineralogy, especially on gemstones, comes from ancient Babylonia, the ancient Greco-Roman world, ancient and medieval China, and Sanskrit texts from ancient India and the ancient Islamic world. Books on the subject included the ''Naturalis Historia'' of Pliny the Elder, which not only described many different minerals but also explained many of their properties, and Kitab al Jawahir (Book of Precious Stones) by Persian scientist Al-Biruni. The German Renaissance specialist Georgius Agricola wrote works such as '' De re metallica'' (''On Metals'', 1556) and ''De Natura Fossilium'' ( ...
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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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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 ...
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