List of Top 40 Billionaires in Australia for 2020 Named by CEO World Magazine

List of Top 40 Billionaires in Australia for 2020 Named
List of Top 40 Billionaires in Australia for 2020 Named | List of Top 40 Billionaires in Australia for 2020 Named by CEO World Magazine |  The annual list of Australia’s wealthiest people by CEOWORLD is out! The 2020 list includes people from various industries and the usual famous ones plus those you would probably not recognize at all.

Australian mining magnate Gina Rinehart is that the wealthiest person in Australia with an estimated net worth of $16 billion, that’s consistent with CEOWORLD magazine’s Australia Rich List Index For 2020. The CEOWORLD magazine Rich List, published today, revealed 40 of Australia’s wealthiest people. The second spot for Australia was occupied by Andrew Forrest worth $13.4 billion.

Atlassian co-founder Mike Cannon-Brookes is third on the list with $12.2 billion. Scott Farquhar, co-founder, and co-CEO of software company Atlassian holds the 4th spot with a whopping net worth of $12.1 billion, followed by Anthony Pratt ($11.8 billion).

The list also includes Harry Triguboff ($10.3 billion), with Frank Lowy ($5.8 billion), and Kerry Stokes ($3.9 billion). John Gandel and James Packer rounded up the highest ten wealthiest people in Australia with $3.7 billion and $3.1 billion, respectively.

To identify the wealthiest people in Australia, CEOWORLD magazine reviewed numerous national and international media reports, and every one estimated net worth figures are in U.S. dollars. the particular size of their fortunes could also be much larger than our figure. we’ve adjusted valuations of the richest 40 where there are significant movements within the share prices of quoted companies, estimating the consequence on the fortunes of householders of huge stakes in those companies.

Check out this Top 40 Billionaires’ list and see if you will be able to recognize everyone.

Rank Name Net worth (USD) Industry
1 Gina Rinehart $16.0 billion Mining
2 Andrew Forrest $13.4 billion Mining
3 Mike Cannon-Brookes $12.2 billion Software
4 Scott Farquhar $12.1 billion Software
5 Anthony Pratt $11.8 billion Manufacturing
6 Harry Triguboff $10.3 billion Real estate
7 Frank Lowy $5.8 billion Shopping malls
8 Kerry Stokes $3.9 billion Construction
9 John Gandel $3.7 billion Shopping malls
10 James Packer $3.1 billion Casinos
11 Fiona Geminder $3.0 billion Manufacturing
11 Richard White $3.0 billion Software
13 Michael Hintze $2.9 billion Investments
14 Clive Palmer $2.8 billion Mining
15 Lindsay Fox $2.7 billion Real estate
16 Jack Cowin $2.5 billion Fast food
17 Heloise Pratt $2.1 billion Investments
18 David Hains $2.0 billion Investments
18 Vivek Chaand Sehgal $2.0 billion Auto parts
18 Solomon Lew $2.0 billion Retail
21 Gretel Packer $1.9 billion Casinos
22 Lang Walker $1.8 billion Real estate
22 David Teoh & family $1.8 billion Telecom
22 Gerry Harvey $1.8 billion Retail
22 Nigel Austin $1.8 billion Retail
26 Angela Bennett $1.6 billion Mining
26 Brett Blundy $1.6 billion Retail
28 Bob Ell $1.5 billion Real estate
29 John Van Lieshout $1.4 billion Real estate
30 Terry Snow $1.2 billion Real estate
30 Chris Wallin $1.2 billion Mining
30 Manny Stul $1.2 billion Toys
30 Sam Tarascio $1.2 billion Real estate
34 Kerr Neilson $1.1 billion Investments
34 Ginia Rinehart $1.1 billion Mining
34 Judith Neilson $1.1 billion Investments
34 John Hancock $1.1 billion Mining
34 Bianca Rinehart $1.1 billion Mining
34 Hope Welker $1.1 billion Mining
40 Len Ainsworth $1.0 billion Betting machines

According to the financial publication’s annual listing, the combined wealth of the top 46 Canadian Billionaires hit a new record high of $144.9 billion.