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Financial Review Rich List 2023
The ''Financial Review'' Rich List 2023 is the 40th annual survey of the 200 wealthiest people resident in Australia, published by the ''Australian Financial Review'' on 26 May 2023. The net worth of the wealthiest individual, Gina Rinehart, was $37.41 billion; while the net worth of the 200th wealthiest individual, Bob Rose and his wife, Margaret, and their family, was $690 million; up from $640 million for the 200th individual in 2022. The combined wealth of the 200 individuals was calculated as $563 bn, an increase of $9 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the '' BRW'' Rich 200 commenced. Thirty-six women were included on the 2023 Rich List, representing 18 percent of the list; down from thirty-nine women in 2021, or 19.5%. The list included six debutants. Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual since 2020 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Financial Review
The ''Australian Financial Review'' (''AFR'') is an Australian compact daily newspaper with a focus on business, politics and economic affairs. The newspaper is based in Sydney, New South Wales, and has been published continuously since its founding in 1951. It is currently owned by Nine Entertainment. The ''AFR'' is published in tabloid format six times a week, and provides 24/7 coverage through its website and mobile app. In November 2019, the ''AFR'' reached 2.647 million Australians through both print and digital mediums according to Mumbrella.SMH, AFR and The Age all report audience growth in November Mumbrella 2020 The ''Australian Financial Review'' started as a print-only |
Hancock Prospecting
Hancock Prospecting Pty Ltd is an Australian-owned mining and agricultural business run by Executive Chairwoman Gina Rinehart and CEO Garry Korte. At various stages of its trading history, the company has been known as Hancock Prospecting Ltd, Hancock Resources Ltd, Hanwright Pty Ltd, Hancock & Wright Ltd, and Hancock Prospecting Pty Ltd. Hancock Prospecting Pty Ltd is owned by Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%). The company was founded in 1955 by Rinehart's father, the late Lang Hancock. Hancock Prospecting holds the mineral rights to some of the largest Crown land leases in the Pilbara region of Western Australia. Gina Rinehart has disputed accusations that she is an heiress. Through Rinehart's spokesperson and chief financial officer at Hancock Prospecting, Jay Newby, Rinehart has claimed that upon assuming the role of the Executive Chairwoman, she took over a company that was in a perilous financial position with significant debt and major asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reece Group
Reece Limited is a public Australian company, and the country's largest supplier of plumbing and bathroom A bathroom is a room in which people wash their bodies or parts thereof. It can contain one or more of the following plumbing fixtures: a shower, a bathtub, a bidet, and a sink (also known as a wash basin in the United Kingdom). A toilet is al ... 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 approaching ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seven West Media
Seven West Media Limited is an Australian ASX-listed media company. It is Australia's largest diversified media business, with an extensive presence in broadcast television, radio, print and online publishing. Seven West Media owns the Seven Network, Australia's second-largest commercial television network (by audience and advertising market share). It also owns ''The West Australian'', ''The Sunday Times'' and the Community Newspaper Group. Seven Group Holdings Ltd (SGH), a company controlled by Australian Capital Equity, is Seven West Media's largest shareholder, with over $1 billion in Seven West Media shares and $250 million of Seven West Media convertible preference shares (CPS).WAN Proposal to Acquire Seven Media Group 8 March 2011, p.4 History |
Westfield Group
Westfield Group was an Australian shopping centre company that existed from 1960 to 2014, when it split into two independent companies: Scentre Group, which owns and operates the Australian and New Zealand Westfield shopping centre portfolio; and Westfield Corporation, which continued to own and operate the American and European centre portfolio. Westfield Group undertook ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities. The multinational company was Public company, listed on the Australian Securities Exchange and had interests in and operated one of the world's largest shopping centre portfolios with investment interests in 103 shopping centres across Australia, the United States, the Netherlands, the United Kingdom, New Zealand, Italy, France, Sweden, Austria, Germany, Croatia, Poland, Czech Republic and Brazil, encompassing around 23,000 retail outlets and total assets under management in excess of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canva
Canva is an Australian multinational proprietary software company that provides a graphic design platform that provides tools for creating social media graphics, presentations, postcards, promotional merchandise and websites. Launched in Australia in 2013, the service offers design tools for individuals and companies. Its offerings include templates for presentations, posters, and social media content, as well as photo and video editing functionality. The platform uses a drag-and-drop interface intended to simplify the design process. Canva operates on a freemium model and has expanded its services over the years to include a print product platform and a video editing tool. History 2012–2020 Canva was founded in Perth, Australia, by Melanie Perkins, Cliff Obrecht and Cameron Adams on 1 January 2013. One of the companies' early investors included Susan Wu, an American entrepreneur. In its first year, Canva had more than 750,000 users., with a loss of In 2017, the compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cliff Obrecht
Clifford Obrecht (born 1985 or 1986) is an Australian billionaire technology entrepreneur, who is the co-founder (with Melanie Perkins) and chief operating officer (COO) of Canva and owns 18% of the company. Early life and education Clifford was born to Stan Obrecht, a government employee and Mary Obrecht, a school teacher. He grew up in , a suburb to the north of Perth. Obrecht earned a degree from The University of Western Australia. Personal life In January 2021, he married Melanie Perkins on Rottnest Island. Net worth Obrecht first appeared on ''The Australian Financial Review'' Financial Review Rich List, Rich List in 2020 with a net worth of 3.43 billion. , the ''Australian Financial Review'' assessed his and Perkins' joint net worth as 14.14 billion, on the Financial Review Rich List 2025, 2025 Rich List; making them the sixth wealthiest Australians. As of September 2022, ''Forbes (magazine), Forbes'' assessed his net worth at 6.5 billion. Note ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodities Trading
A commodity market is a market that trades in the primary economic sector rather than manufactured products. The primary sector includes agricultural products, energy products, and metals. Soft commodities may be perishable and harvested, while hard commodities are usually mined, such as gold and oil. Futures contracts are the oldest way of investing in commodities. Commodity markets can include physical trading and derivatives trading using spot prices, forwards, futures, and options on futures. Farmers have used a simple form of derivative trading in the commodities market for centuries for price risk management. A financial derivative is a financial instrument whose value is derived from a commodity termed an underlier. Derivatives are either exchange-traded or over-the-counter (OTC). An increasing number of derivatives are traded via clearing houses some with central counterparty clearing, which provide clearing and settlement services on a futures exchange, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glencore
Glencore plc is an Anglo-Swiss Multinational corporation, multinational commodity trading and mining company with headquarters in Baar, Switzerland, Baar, Switzerland. Glencore's oil and gas headquarters are in London, London, England as well as its primary listing being on the London Stock Exchange, and it is one of the largest components of the FTSE 100 Index, FTSE 100 by market capitalization. Its registered office is in Saint Helier, Jersey, a Crown Dependencies, Crown Dependency of the United Kingdom. By some estimates, it is the world's largest commodity trader, and among the world's largest companies. The company was formed in 1994 by a management buyout of Marc Rich + Co AG (itself founded in 1974). The company merged with Xstrata in 2013, increasing its size substantially. Before that, the company was already one of the world's largest integrated producers and marketers of commodities. It was the largest company in Switzerland as well as the world's largest commodities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SonntagsZeitung
TX Group AG (formerly Tamedia AG) is a media company headquartered in Zurich, Switzerland. Through a portfolio of daily and weekly newspapers, magazines and digital platforms, as well as own printing facilities, it is the largest media group in the country. Since 2000, Tamedia has been listed on the Swiss Stock Exchange. On January 1, 2020, Tamedia was renamed to TX Group AG. Aside from group management functions, TX Group has four operating companies: TX Markets, Goldbach, 20 Minuten, and Tamedia. Marketshare In 2011, it was the biggest player in the Swiss press market, controlling a 41% market share, which rose up to 68% in French-speaking Romandie. Its main competitors are and Ringier. Holdings Publishing Tamedia owns a wide range of daily and weekly newspapers and magazines in different languages. One of Tamedia's most important publications is the ''Tages-Anzeiger'', a daily newspaper based in Zurich. Tamedia also owns the weekly ', the free national newspaper '' 20 Minu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
