The ''Forbes'' list of Australia's 50 richest people is a list of

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, sma ...

's fifty wealthiest individuals and families, ranked by personal

net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net ...

published annually by ''

Forbes Asia ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' 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 Georgina Hope Rinehart (née Hancock, born 9 February 1954) is an Australian mining magnate and businesswoman. Rinehart is the Executive Chairman of Hancock Prospecting, a privately owned mineral exploration and extraction company founded by h ...

, estimated to have a personal net worth of 14.8

billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i.e ...

; 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 individuals and families in 2013.

Lists by year

Members of Australia's 50 richest people

The table below is the list compiled by ''Forbes Asia'', comparing movement from the previous year: : Up until 2013, the list included Australia's 40 Richest people; expanded to Australia's 50 Richest people in 2013.

Former members of Australia's 50 richest people

The table below is an extract from the list compiled by ''Forbes Asia'' showing individuals who were once on the list yet are not on the current list. Where appropriate, the list compares movement from previous years: : Paul Ramsay died in May 2014, five months after the 2014 list was published. : Ian Norman died in May 2014, five months after the 2014 list was published. : Bob Oatley died in January 2016, seven months after the 2015 list was published. : Blair Parry-Okeden appeared on the list of Australians by net worth in 2016 only. She is a US-citizen and, despite living in Australia, is not eligible for admission on the list.

References

External links

Forbes.com: Forbes World's Richest People - By country of citizenshipForbes.com: Forbes World's Richest People - By country of residence
{{DEFAULTSORT:Australians by net worth

Australians by net worth *Australians by net worth Wealth in Australia

Lists by year

Members of Australia's 50 richest people

Former members of Australia's 50 richest people

See also

References

External links