The ''Forbes'' list of Australia's 50 richest people is the annual survey of the fifty wealthiest people resident in
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 ...
, published 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 ...
'' in January 2016.
The
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 ...
of the wealthiest individual,
Blair Parry-Okeden
Blair Parry-Okeden (born 1950) is an American-born Australian billionaire heiress and philanthropist. According to ''Forbes Asia'', she was Australia's richest person by net worth in 2016. Parry-Okeden's wealth derives from Cox Enterprises.
Ea ...
, was estimated to be 8.80
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 ...
.
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 ...