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
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 foun ...
'' on 26 May 2023.
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. Financial assets minus outstanding liabilities equal net financial assets, so net w ...
of the wealthiest individual,
Gina Rinehart
Georgina Hope Rinehart (, born 9 February 1954) is an Australian heiress, billionaire mining magnate and businesswoman. She is the executive chairwoman of Hancock Prospecting, a privately owned mineral exploration and extraction company foun ...
, was $37.41
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 now the most common sense of the word in all varieties of ...
; 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.
From 2017 to 2019,
Anthony Pratt was Australia's wealthiest individual, ranked fourth in the 2021 Rich List, after
Andrew Forrest
John Andrew Henry Forrest (born 18 November 1961), nicknamed Twiggy, is an Australian businessman. He is best known as the former CEO (and current non-executive chairman) of Fortescue Metals Group (FMG), and has other interests in the mining ...
,
[ Australia's wealthiest individual in 2008,]Mike Cannon-Brookes
Michael Cannon-Brookes (born 17 November 1979) is an Australian businessman who is the co-founder and chief executive officer of the software company Atlassian.
Since 2018, he has been involved in the Australia-Asia Power Link, a huge electri ...
. Harry Triguboff was Australia's wealthiest individual in 2016,
List of individuals
Removed from the 2023 list
The following individuals, who appeared on the Financial Review Rich List 2022, did not appear on the 2023 list
Notes
*: Individual was listed on a previous year's list, that was not the 2022 Rich List.David Hains
David Hains ( – 22 January 2023) was an Australian businessman, engineer, and horse breeder. He was the founder and once CEO of Portland House Group, Australia’s largest private investments management firm and hedge fund. According to Forb ...
. Hains died on 22 January 2023.
*: Previous years' listing was in the joint names of Bill and Imelda Roche. Bill Roche died on 30 June 2022.
See also
* ''Financial Review'' Rich List
* ''Forbes Asia'' list of Australians by net worth
References
External links
*
{{Lists of Australian people by net worth, state=collapsed
2023 in Australia
2023
Catastrophic natural disasters in 2023 included the Lists of 21st-century earthquakes, 5th-deadliest earthquake of the 21st century 2023 Turkey–Syria earthquakes, striking Turkey and Syria, leaving up to 62,000 people dead; Cyclone Freddy ...