Financial Review Rich List 2025
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The Financial Review Rich List 2025 is the 42nd annual survey of the 200 wealthiest people, assessed on the basis of net worth, who are resident in Australia, that was published by the Australian Financial Review on 30 May 2025.
The net worth of the wealthiest individual, was $38.11 billion; while the net worth of the 200th wealthiest individual, Michael Boyd, was $747 million; up from $718 million for the 200th individual in 2024.[1]
The combined wealth of the 200 individuals was calculated as $667.8 bn, an increase of 6.9 per cent on the previous year.[1] When the BRW Rich 100 commenced in 1984, the wealthiest 200 individuals had a combined net worth of $6.4 bn.[2] Forty-two women were included on the 2025 Rich List, representing 21 per cent of the list; an increase from forty-one women in 2024. The 2025 list included ten debutants.[1] Seven individuals appear on the 2025 Rich List and have appeared on every list since first published in 1984 as the BRW Rich 100; including Lindsay Fox, John Gandel, Solomon Lew, Frank Lowy, Alan Rydge, Kerry Stokes, and Harry Triguboff.[1][3][4][5]
Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and has been the wealthiest Australian individual since 2020.[6] From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ranked third in the 2025 list, after Harry Triguboff, who was Australia's wealthiest individual in 2016.[7][8]
| 2025[1] | Name | Citizenship | Source of wealth | 2024[9] | ||
|---|---|---|---|---|---|---|
| Rank | Net worth A$ bn |
Rank | Net worth A$ bn | |||
1  | 38.11  | Gina Rinehart | Australia | Hancock Prospecting; resources | 1 | 40.61  |
| 2 | 29.65 | Harry Triguboff | Australia | Meriton; property | 2 | 26.49 |
| 3 | 25.84 | Anthony Pratt and family | Australia | Visy; Pratt Industries; manufacturing | 4 | 23.30 |
| 4 | 21.42 | Scott Farquhar | Australia | Atlassian; investment | 5 | 22.88 |
| 5 | 20.12 | Clive Palmer | Australia | Mineralogy; resources; property | 6 | 22.75 |
| 6 | 14.14 | Melanie Perkins and Cliff Obrecht | Australia | Canva; technology | 10 | 13.62 |
| 7 | 13.85 | Michael Dorrell | Australia | Investment | n/a | not listed |
| 8 | 13.30 | Ivan Glasenberg | Australia[10] South Africa Switzerland[11] | Glencore; commodities trading | 9 | 14.86 |
| 9 | 12.83 | Nicola Forrest | Australia | Fortescue; resources | 7 | 16.92 |
| 10 | 12.69 | Kerry Stokes | Australia | Seven West Media; property; resources | 12 | 11.30 |
| 11 | 12.68 | Andrew Forrest | Australia | Fortescue; resources | 8 | 16.76 |
| 12 | 12.18 | Annie Cannon-Brookes [note 1] | Australia | Atlassian; investment | 3 | 24.38 |
| 13 | 12.18 | Mike Cannon-Brookes [note 1] | Australia | Atlassian; technology | ||
| 14 | 11.27 | Jack Gance, Sam Gance, and Damien Gance | Australia | Chemist Warehouse; retail | 32 | 3.92 |
| 15 | 10.59 | Richard White | Australia | Technology | 11 | 11.63 |
| 16 | 10.28 | Sir Frank Lowy | Australia | ex-Westfield; property | 14 | 9.33 |
| 17 | 9.79 | Mario Verrocchi, Marcello Verrocchi and Adrian Verrocchi | Australia | Chemist Warehouse; retail | 39 | 3.38 |
| 18 | 8.41 | Angela Bennett | Australia | Resources | 22 | 5.04 |
| 19 | 8.05 | Vivek Chaand Sehgal | Australia | Motherson Sumi; manufacturing | 15 | 8.16 |
| 20 | 7.21 | John Gandel | Australia | Property | 16 | 6.94 |
| 21 | 7.18 | Alexandra Burt and Leonie Baldock | Australia | Resources | 29 | 4.13 |
| 22 | 6.98 | Cameron Adams | Australia | Canva; technology | 17 | 6.81 |
| 23 | 6.89 | Suzanne Walker and family | Australia | Walker Corporation; property | 18 | 6.08 |
| 24 | 6.69 | Len Ainsworth and family | Australia | Gaming; manufacturing | 19 | 5.85 |
| 25 | 6.08 | Alan Wilson and family | Australia | Reece Group | 13 | 10.64 |
| 26 | 5.73 | Lindsay Fox | Australia | Linfox; property | 21 | 5.69 |
| 27 | 5.07 | Anthony Hall | Australia | Technology | unknown | 2.90 |
| 28 | 5.01 | Sam Hupert | Australia | Technology | unknown | 2.90 |
| 29 | 5.01 | Morry Fraid, Zac Fried and family | Australia | Retail; property | 25 | 4.62 |
| 30 | 4.98 | James Packer | Australia | Media; gaming | 20 | 5.69 |
| 31 | 4.98 | Vikas Rambal | Australia | Manufacturing | n/a | not listed |
| 32 | 4.82 | Ed Craven | Australia | Gaming | 26 | 4.51 |
| 33 | 4.67 | Jack Cowin | Australia | Competitive Foods; investment | 23 | 4.88 |
| 34 | 4.65 | Greg Goodman and family | Australia | Goodman Group; property | 27 | 4.32 |
| 35 | 4.50 | Laurence Escalante | Australia | Gaming | 34 | 3.75 |
| 36 | 4.36 | Michael Heine and family | Australia | Financial services | 33 | 3.83 |
| 37 | 4.11 | Solomon Lew | Australia | Premier Investments; retail | 24 | 4.72 |
| 38 | 3.95 | Brett Blundy | Australia | Retail; property; agriculture | 36 | 3.60 |
| 39 | 3.82 | Gerry Harvey and Katie Page | Australia | Harvey Norman | 38 | 3.39 |
| 40 | 3.89 | Hui Wing Mau | China Australia[12] | Shimao Property | 40 | 3.35 |
| 41 | 3.79 | Sam Kennard and family | Australia | Kennards Self Storage | 41 | 3.33 |
| 42 | 3.72 | Michael Hodgson | Australia | Property | 37 | 3.42 |
| 43 | 3.72 | Chau Chak Wing | Australia | Property; investments | 28 | 4.20 |
| 44 | 3.50 | Prudence MacLeod | Australia | Media; gaming | 42 | 3.19 |
| 45 | 3.40 | Kie Chie Wong and family | Malaysia | Investor; resources | 31 | 3.97 |
| 46 | 3.29 | Sam Chong | unknown | Resources | unknown | 2.20 |
| 47 | 3.21 | Lachlan Murdoch |
| Media | 35 | 3.75 |
| 48 | 3.21 | Manny Stul and family | Australia | Moose Toys; retail | unknown | 2.00 |
| 49 | 3.10 | Betty Klimenko, Monica Weinberg-Saunders and family | Australia | Property | 46 | 2.88 |
| 50 | 3.07 | Sam Arnaout | Australia | Hospitality; property | 55 | 2.61 |
| 51 | 3.02 | John Van Lieshout | Australia | Retail | 44 | 2.92 |
| 52 | 2.97 | Chris Thomas | Australia | Agriculture | 58 | 2.50 |
| 53 | 2.93 | Dennis Bastas | Australia | Manufacturing; retail | unknown | 1.80 |
| 54 | 2.86 | Tony Perich and family | Australia | Agriculture; property | 57 | 2.51 |
| 55 | 2.83 | Andrew Budzinski | Australia | Financial services | 48 | 2.71 |
| 56 | 2.78 | David and Vicky Teoh | Australia | Telecommunications | 56 | 2.55 |
| 57 | 2.69 | John Hancock | Australia | Hancock Prospecting | 50 | 2.67 |
| 58 | 2.69 | Simon Camilleri and family | Australia | Baiada; food services | n/a | not listed |
| 59 | 2.68 | Sam Alter and family | Australia | Retail | 54 | 2.64 |
| 60 | 2.65 | Bianca Rinehart | Australia | Hancock Prospecting | 51 | 2.66 |
| 61 | 2.64 | Ginia Rinehart | Australia | Hancock Prospecting | 52 | 2.65 |
| 62 | 2.64 | Hope Rinehart Welker | Australia | Hancock Prospecting | 53 | 2.65 |
| 63 | 2.58 | John Borg and Michael Borg and family | Australia | Manufacturing | unknown | 2.20 |
| 64 | 2.58 | Nick Politis | Australia | Retail; property | 60 | 2.36 |
| 65 | 2.48 | Bob Ell | Australia | Property | 49 | 2.68 |
| 66 | 2.46 | Tim Heath | Australia | Technology; gaming | 62 | 2.27 |
| 67 | 2.42 | Nigel Austin | Australia | Cotton On Group; retail | 59 | 2.43 |
| 68 | 2.40 | Dick Honan | Australia | Manufacturing | unknown | 2.00 |
| 69 | 2.38 | John Casella and family | Australia | Casella; agriculture | 61 | 2.29 |
| 70 | 2.34 | Paul Little | Australia | Toll; logistics | 63 | 2.25 |
| 71 | 2.33 | Gretel Packer | Australia | Media; gaming | unknown | 2.20 |
| 72 | 2.27 | Eddie Hirsch | Australia | United Petroleum; retail | unknown | 2.20 |
| 73 | 2.25 | Jonathan Munz and family | Australia | Manufacturing | unknown | 2.20 |
| 74 | 2.25 | Avi Silver | Australia | United Petroleum; retail | unknown | 2.20 |
| 75 | 2.19 | Theo Andrianakos and family | Australia | Property | unknown | 1.70 |
| 76 | 2.13 | Russell Withers and family | Australia | 7-Eleven franchisor; retail | unknown | 2.00 |
| 77 | 2.13 | Robin Khuda | Australia | Technology | unknown | 1.50 |
| 78 | 2.12 | Lord Baron Michael Hintze | Australia United Kingdom | Finance; property | unknown | 2.20 |
| 79 | 2.12 | Alan Rydge | Australia | EVT; investment; hospitality; entertainment | unknown | 1.90 |
| 80 | 2.11 | Chris Morris | Australia | Computershare; financial services; hospitality | unknown | 1.60 |
| 81 | 2.06 | Chris Wallin | Australia | QCoal; resources | unknown | 1.80 |
| 82 | 2.01 | Maha Sinnathamby | Australia | Residential property | unknown | 2.00 |
| 83 | 2.00 | Trevor Lee | Australia | Agriculture | unknown | 1.90 |
| 84 | 1.98 | Paul Lederer | Australia | Investment; manufacturing | unknown | 1.90 |
| 85 | 1.97 | Peter Gunn | Australia | Logistics; investment; property | unknown | 1.80 |
| 86 | 1.97 | Paul Salteri and family | Australia | Investment | unknown | 1.80 |
| 87 | 1.97 | Sam Prince | Australia | Zambrero; hospitality | unknown | 1.60 |
| 88 | 1.94 | Dale Elphinstone | Australia | Elphinstone Group; mining | unknown | 1.80 |
| 89 | 1.94 | John Richards and family | Australia | Waste management | unknown | 1.80 |
| 90 | 1.78 | Tim Roberts | Australia | Property; investment | unknown | 1.90 |
| 91 | 1.77 | Sandy Oatley and family | Australia | Property; tourism | unknown | 1.60 |
| 92 | 1.76 | Imelda Roche | Australia | Retail | unknown | 1.70 |
| 93 | 1.75 | Sam Tarascio | Australia | Property | unknown | 1.70 |
| 94 | 1.75 | Arthur Laundy | Australia | Hotels | unknown | 1.60 |
| 95 | 1.74 | Khalil Shahin and family | Australia | Peregrine; retail | unknown | 1.50 |
| 96 | 1.73 | Raymond Barro and Rhonda Barro | Australia | Construction | unknown | 1.80 |
| 97 | 1.73 | Terry Tzaneros and Arthur Tzaneros | Australia | Logistics | unknown | 1.70 |
| 98 | 1.72 | Naomi Milgrom [note 4] | Australia | Sussan; Sportsgirl; retail | unknown | 1.60 |
| 99 | 1.72 | Ralph Sarich | Australia | Investment; property | unknown | 1.60 |
| 100 | 1.71 | Ye Lipei | Australia China | Property | unknown | 1.73 |
| 101 | 1.71 | Gary Tieck and family [note 2] | Australia | Property; investment | unknown | 2.70 |
| 102 | 1.70 | Craig Sutton, Lauren Sutton, Ryan Sutton & family | Australia | Retail | unknown | 1.30 |
| 103 | 1.70 | Shaun Bonétt | Australia | Precision Group; property | unknown | 1.70 |
| 104 | 1.70 | Peter Smaller | Australia | Manufacturing | n/a | not listed |
| 105 | 1.69 | Raphael Geminder | Australia | Manufacturing | unknown | 1.60 |
| 106 | 1.67 | James Ferguson and Robert Ferguson | Australia | Technology | unknown | 1.90 |
| 107 | 1.65 | Kerr Neilson | Australia | Platinum; financial services | unknown | 1.60 |
| 108 | 1.64 | Robert Millner and family | Australia | Soul Patts; investment | unknown | 1.50 |
| 109 | 1.63 | Andy Kennard and family | Australia | Kennards Hire | unknown | 1.63 |
| 110 | 1.62 | Russell Wilson and Kelly Wilson | Australia | Finance | unknown | 2.00 |
| 111 | 1.60 | Paul Tieck and family [note 2] | Australia | Property; investment | unknown | 2.70 |
| 112 | 1.58 | Nechama Werdiger and family | Australia | Property | unknown | 1.60 |
| 113 | 1.58 | Justin and Bettina Hemmes and family | Australia | Hotels; property | unknown | 1.50 |
| 114 | 1.57 | Charles Gibbon | Australia | Technology | unknown | 1.40 |
| 115 | 1.55 | Alex Waislitz | Australia | Investment | unknown | 1.50 |
| 116 | 1.52 | Nicholas Paspaley and family | Australia | Paspaley Pearls | unknown | 1.50 |
| 117 | 1.50 | Johnny Kahlbetzer and Marcus Kahlbetzer | Australia | Agriculture; property | unknown | 1.40 |
| 118 | 1.50 | Reg Rowe | Australia | Super Retail Group; retail | unknown | 1.50 |
| 119 | 1.46 | Roger Fletcher, Gail Fletcher and family | Australia | Agriculture | unknown | 1.40 |
| 120 | 1.46 | Ginette Snow and family [note 3] | Australia | Canberra Airport; property | unknown | 4.10 |
| 121 | 1.45 | Ervin Vidor and Charlotte Vidor | Australia | Property; hotels | unknown | 1.40 |
| 122 | 1.41 | Adrian Portelli | Australia | Media; gaming | unknown | 1.30 |
| 123 | 1.40 | Marnie Lewis-Millar, Shay Lewis-Thorp and family | Australia | Property | unknown | 1.40 |
| 124 | 1.40 | Nick DiMauro | Australia | Property | unknown | 1.20 |
| 125 | 1.36 | Lyn Ingham and family | Australia | Food services; investment | unknown | 1.30 |
| 126 | 1.36 | Larry Kestelman | Australia | Dodo; telecommunications; property | unknown | 1.30 |
| 127 | 1.30 | Ian Malouf | Australia | Bingo; waste services | unknown | 1.10 |
| 128 | 1.29 | Jack Zhang | Australia | Financial services; Airwallex | unknown | 1.20 |
| 129 | 1.28 | Peter Scanlon and family | Australia | Patrick Corporation; logistics, investment | unknown | 1.20 |
| 130 | 1.27 | Bruce Mathieson | Australia | Gaming; investments | unknown | 1.70 |
| 131 | 1.25 | Joanna Horgan and Peter Wetenhall | Australia | Mecca; retail | unknown | 0.812 |
| 132 | 1.32 | Ryan and Sam Kroonenburg | Australia | Technology | unknown | 1.10 |
| 133 | 1.24 | Greg Coffey | Australia | Financial services | unknown | 1.10 |
| 134 | 1.23 | Judith Neilson | Australia | Financial services | unknown | 1.20 |
| 135 | 1.23 | Peter Freedman | Australia | Røde; manufacturing | unknown | 1.30 |
| 136 | 1.22 | Robert Chamberlain | Australia | Travel | n/a | not listed |
| 137 | 1.21 | Max Beck | Australia | Property | unknown | 1.10 |
| 138 | 1.21 | Theo Karedis | Australia | Retail; property | unknown | 1.00 |
| 139 | 1.20 | Brian Flannery | Australia | Resources | unknown | 0.939 |
| 140 | 1.19 | Rod Spooner and family | Australia | Property; Caribbean Gardens | unknown | 1.19 |
| 141 | 1.18 | Harry Stamoulis and family | Australia | Property | unknown | 1.10 |
| 142 | 1.17 | Nick Wakim | Australia | Resources | n/a | not listed |
| 143 | 1.16 | Arnold Vitocco | Australia | Property | unknown | 1.10 |
| 144 | 1.16 | Bruce Gordon | Australia | Media; gaming | unknown | 1.00 |
| 145 | 1.14 | Neville Crichton | Australia | Retail | unknown | 1.40 |
| 146 | 1.13 | Spiros Alysandratos | Australia | Travel; property | unknown | 1.10 |
| 147 | 1.13 | Anthony Eisen | Australia | Technology | unknown | 1.40 |
| 148 | 1.13 | Will Vicars | Australia | Financial services | unknown | 1.10 |
| 149 | 1.12 | Simon Dyer and family | Australia | Manufacturing | unknown | 1.40 |
| 150 | 1.11 | Michael Gregg | Australia | Technology | unknown | 1.00 |
| 151 | 1.11 | Nick Molnar | Australia | Technology | unknown | 1.40 |
| 152 | 1.10 | Rod Duke | Australia | Briscoe Group | unknown | 1.10 |
| 153 | 1.07 | Denis Wagner and family | Australia | Construction; mining services | unknown | 1.00 |
| 154 | 1.06 | Sam and Andrew Buckeridge and family | Australia | Buckeridge Group | unknown | 1.00 |
| 155 | 1.06 | Robert Whyte | Australia | Investment | unknown | 0.989 |
| 156 | 1.04 | Shirley Costa and family | Australia | Agriculture | unknown | 0.992 |
| 157 | 1.03 | Lloyd Williams | Australia | Property; thoroughbreds | unknown | 1.00 |
| 158 | 1.02 | Roy Medich | Australia | Property | unknown | 0.939 |
| 159 | 1.01 | Carol Schwartz and Alan Schwartz [note 4] | Australia | Investment | unknown | 0.989 |
| 160 | 1.01 | Richard Smith | Australia | Food services | unknown | 1.10 |
| 161 | 1.01 | Daniel Besen [note 4] | Australia | Investment | unknown | 0.887 |
| 162 | 0.995 | Tim Gurner | Australia | Property | unknown | 0.989 |
| 163 | 0.987 | Con Makris and family | Australia | Property | unknown | 0.998 |
| 164 | 0.984 | Mick Power | Australia | Investment | unknown | 0.941 |
| 165 | 0.983 | Tony Walls | Australia | Technology | unknown | 0.865 |
| 166 | 0.952 | Robyn Denholm | Australia | Technology | n/a | not listed |
| 167 | 0.951 | Huang Bingwen and family | Australia | Manufacturing | unknown | 0.905 |
| 168 | 0.940 | Neil Rae and family | Australia | Ex-Gull Petroleum | unknown | 0.899 |
| 169 | 0.939 | Allan Myers | Australia | Investment; agriculture | unknown | 0.928 |
| 170 | 0.927 | Peter Hughes and family | Australia | Agriculture | unknown | 0.913 |
| 171 | 0.907 | Diane Burger and family | Australia | Property | unknown | 0.832 |
| 172 | 0.893 | Gordon Fu and family | Australia | Property | unknown | 0.807 |
| 173 | 0.883 | Ilias Pavlopoulos, Andrew Chepul and family | Australia | Finance | n/a | not listed |
| 174 | 0.872 | Robert Magid | Australia | Property | unknown | 0.750 |
| 175 | 0.871 | Chris Ellison | Australia | Mineral Resources | unknown | 2.10 |
| 176 | 0.862 | Maree Isaacs | Australia | Technology | unknown | 0.870 |
| 177 | 0.861 | Don McDonald and family | Australia | Agriculture | unknown | 0.754 |
| 178 | 0.859 | Mark Creasy | Australia | Resources | unknown | 1.20 |
| 179 | 0.844 | David Tudehope and Aiden Tudehope | Australia | Macquarie Telecom | unknown | 0.915 |
| 180 | 0.841 | Kim Cannon | Australia | Financial services | unknown | 0.921 |
| 181 | 0.840 | Zareh Nalbandian | Australia | Entertainment | unknown | 0.840 |
| 182 | 0.839 | Shane Young and David Young | Australia | Retail | n/a | not listed |
| 183 | 0.837 | Rhonda Wyllie and family | Australia | Investment | unknown | 0.776 |
| 184 | 0.832 | John Symond | Australia | Investment | unknown | 0.780 |
| 185 | 0.823 | Robin Murphy and family | Australia | Resources | unknown | 0.750 |
| 186 | 0.814 | Paul Fudge | Australia | Resources | unknown | 0.779 |
| 187 | 0.798 | John Winning | Australia | Retail | unknown | 0.770 |
| 188 | 0.794 | Kerry Harmanis | Australia | Resources | unknown | 0.758 |
| 189 | 0.794 | Kim McKendrick and family | Australia | Manufacturing | unknown | 0.757 |
| 190 | 0.794 | Kevin Seymour and family | Australia | Property | unknown | 0.769 |
| 191 | 0.785 | Margaret Dymond and family | Australia | Retail | n/a | not listed |
| 192 | 0.784 | Christian Beck | Australia | Technology | 200 | 0.718 |
| 193 | 0.782 | Nicky Zimmermann and Simone Zimmermann | Australia | Zimmermann; retail | unknown | 0.793 |
| 194 | 0.781 | Tony Tarak and family | Australia | Bingo; waste services | unknown | 0.755 |
| 195 | 0.780 | Tony Denny | Australia | Retail; property | unknown | 0.790 |
| 196 | 0.776 | John Singleton | Australia | Investment | unknown | 0.800 |
| 197 | 0.772 | George Kepper | Australia | Technology | unknown | 0.749 |
| 198 | 0.771 | John Higgins | Australia | Investment | unknown | 0.760 |
| 199 | 0.748 | Matthew Latimore | Australia | Resources | n/a | not listed |
| 200 | 0.727 | Michael Boyd | Australia | Sonic Healthcare | unknown | 0.824 |
Notes
- ^1 : Net worth was previously aggregated as Annie and Mike Cannon-Brookes.
- ^2 : Net worth was previously aggregated as Garry Tieck and Paul Teick and families.
- ^3 : Net worth was previously reported in the name of Terry Snow. Following Snow's death in 2024, his net worth was distributed to his surviving wife and family, and to a charitable trust.
- ^4 : Net worth was previously reported in the name of Marc Besen. Following Besen's death in 2023, his net worth was distributed to his children, Naomi Milgrom, Carol Schwartz and Daniel Besen.