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Wealth

Rich List

The definitive list of the richest men and women in Australia. The top 200 richest people in Australia ranked according to their net worth. Find out what contributed to their financial success in the Financial Review Rich List.

Rich List 2025

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Allan Myers in Dunkeld for the Rich List 2025 issue.

Rich List 2025

Australia’s 200 richest people, plus six billionaires make their debut, putting the “well” into wealthy and how to have a good divorce when you’ve got billions.

11 stories

Rich List 2024

Tracking the fortunes of Australia’s richest people since 1983 | Australia’s 200 most wealthy and how they are handing over the keys to the kingdom

18 stories

Harry Triguboff on the cover of the 2023 Financial Review Rich List issue.

Rich List 2023

Tracking the fortunes of Australia’s richest since 1983 | The new must-have: a tropical island | Why a Lamborghini might be your best-ever investment

16 stories

Peter Freedman.

Rich List 2022

Australia’s most comprehensive guide to who’s on the up, and who’s down for the count.

6 stories

Andrew Forrest on the cover of the 2021 Rich List issue.

Rich List 2021

The insider’s analysis of what the top end of town are doing with their money.

6 stories

Featured

Jeremey Hunt and Trent Blacket will lead the strategy of the $US50mln fund.

Manny Stul, John Hancock lead investors in celebrity fund

Family offices and other well-known businesspeople are piling into a $144 million vehicle that wants to partner with celebrities to launch consumer start-ups.

Nick Wakim: “We were one of the only companies on record to state that lithium prices were artificially depressed and would come back strongly.”

As the price of lithium tripled, so did this billionaire’s wealth

Mining entrepreneur Nick Wakim has seen his wealth rise to $3 billion in the past year, as he bets big on a lithium project in California.

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From hoodies to high tech: Self-made women join $180b list

Half of Australia’s new Rich Women are self-made as AI and retail disruption reshape the nation’s top wealth tiers.

James Packer and Kylie Lim enjoying a bit of stress relief in St Topez.

James Packer confirms engagement to New York socialite

The unlucky-in-love billionaire is engaged for the fifth time, this time to an old flame.

Peter Gunn

Peter Gunn, truckie turned billionaire logistics titan, dies at 83

The Victorian businessman pioneered the use of larger vehicles in the 1970s and went on to hold stakes in everything from Toll Holdings to Virgin Blue.

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February

 Lunch With Christian Beck, founder, LawConnect

How repeating first grade drove Christian Beck towards a circa $6b IPO

A lifelong desire to prove he wasn’t stupid drove the ATI Global founder to build an international legal tech firm. He’s now asking markets to value his work.

Anne Cannon-Brookes at the Burradoo Park Farm, which she has transformed into a tourism venture.

Annie Cannon-Brookes goes solo with huge Southern Highlands venture

The billionaire is preparing to unveil her tourism project with everything from restaurant Three Blue Ducks to cattle grazing and sustainable crickets.

January

Matt Latimore’s M Resources will list on the Nasdaq on Monday.

Billionaire Latimore prepares to hit the Nasdaq with new minerals play

The Brisbane-based businessman has partnered with Sydney stockbroker Stephen Silver to bring a blank cheque critical minerals vehicle to the New York market.

Katrina Leslie started Swipejobs in 2014, knowing it would be her final company.

The quiet rise of Australia’s newest billionaire Katrina Leslie

Katrina Leslie avoided attention for years, but her software firm Swipejobs did not. It drew in a who’s who of big backers, with plans for an IPO this year.

Ivan Glasenberg’s wealth has topped $21b, placing him 4th on the AFR Rich List.

Ivan Glasenberg’s wealth tops $21b on Rio-Glencore mega-merger talks

The mining magnate’s stake in Glencore has skyrocketed in value on the prospect of a $300b deal to create the world’s biggest mining company.

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December 2025

Airwallex co-founder Jack Zhang says the fintech will be profitable next year.

Airwallex shrugs off controversy with huge funding round

Global payments giant Airwallex has raised the second-biggest ever local VC funding round, its valuation soaring 30 per cent in six months to $US8 billion ($12 billion).

Paul Lederer is also a part-owner of the Western Sydney Wanderers.

Billionaire Lederer goes to Canberra for $300m office tower deal

The Canberra deal is one of the biggest moves Paul Lederer has made in the real estate market since selling a $300 million portfolio of malls four years ago.

After decades of deal-making, Dennis Bastas landed his biggest transaction so far in August.

Dennis Bastas’ rise from aspiring car designer to $5b pharma king

The son of Greek immigrants signed a mega-deal this year for his pharmaceutical and beauty empire that propelled him to the upper echelons of the Rich List.

November 2025

Matt Latimore, founder and president of M Resources.

The moment that led to a $750m coal fortune and a Ferrari obsession

M Resources founder Matt Latimore had Olympic dreams until a decision to study – and a trip to Japan – set him on the path to the Rich List.

The Sims are selling their six-bedroom Brighton mansion with $22 million price hopes.

Goldman Sachs dealmaker lists $22m Brighton mansion with two pools

One of the most recognisable homes in the prestigious Melbourne seaside suburb of Brighton is up for grabs. It was originally developed by billionaire Max Beck.

Perdaman Group founding chairman and managing director Vikas Rambal.

‘I was sitting on a bench’: How a chance encounter led to a $5b empire

Vikas Rambal came to Australia from India in 2000 with a return ticket, but a lucky moment sparked his dream to build a huge fertiliser plant.

Charlie Shahin and daughters (L-R) Jasmin and Aya are looking for investments that make an impact.

Billionaire Shahin family takes stake in Perth payment fintech Bless

The investment is the latest in start-up plays from the family that sold its OTR petrol station empire to Viva Energy in a $1.2 billion deal two years ago.

A model walks the runway during the Victoria’s Secret Fashion Show last month. The company’s sharemarket performance has lagged this year.

Billionaire Brett Blundy pushes for Victoria’s Secret board seat

The businessman best known for his stake in Lovisa and other major brands owns almost 13 per cent of the New York-listed lingerie label and wants changes.

October 2025

Jack Cowin turned Hungry Jacks into a major fast food chain and has become the interim chief executive at Domino’s.

Billionaire Domino’s chairman Jack Cowin says focus is on turnaround

The 83-year-old businessman says he is open to a deal, but only once he can repair the struggling ASX-listed fast-food chain’s enormous share price slide.

Michelle Battersby, CEO of Peanut, pictured with son Alfie on their bed

Founder, family, fortune: How they ‘have it all’

From term sheets to toddlers, these founders juggled building a business as well as a family.

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Lindsay Fox-controlled Armaguard delivered cash logistics and services revenue of $424.2 million for the year to June.

Lindsay Fox’s business empire back in profit after Armaguard bailout

The Fox family’s business empire, which includes Linfox and Armaguard, increased its revenue to $4 billion in the 2025 financial year.

Atlassian co-founder Mike Cannon-Brookes was earlier this year revealed as the owner of a Bombardier Global 7500.

Atlassian pays Mike Cannon-Brookes $5.7m for use of his private jet

The company said its co-founder had not profited from the arrangement and the agreed rate was “below market” for other private jet use.

(L-R) Maria Asunción Aramburuzabala, Gina Rinehart, and Zhong Huijuan.

Women wielding $562b lead ‘sideways’ succession boom

Generational change is reshaping the list of the world’s 500 richest people, and as more women take control of these huge empires they are reshaping global business.

Private equity buyer Blackstone circles Hamilton Island deal

While still in preliminary stages, a deal would make Blackstone, which already controls Crown Resorts, a major force in the country’s hospitality sector. 

Tom Snow has announced he is stepping down as Canberra Airport’s board chair but the family has ruled out that they won’t be selling the airport.

Snow family closes door to any sale of Canberra Airport

The extended family is working through its longer-term business and philanthropic strategy following Snow senior’s death at 80 in August last year.