Financial Review Rich List 2017

This article is about the Financial Review Rich List published in 2017. For general information about the list, see Financial Review Rich List.

The Financial Review Rich List 2017 is the 34th annual survey of the wealthiest people resident in Australia, published by The Australian Financial Review on 25 May 2017.[1] From its establishment in 1984 and up until the publication of the 2016 list, the survey had been published in either hardcopy and/or online format in the BRW, or formerly, the Business Review Weekly. On 4 March 2016, Fairfax Media announced the closure of the BRW website, and redirected the site to a new section of The Australian Financial Review. Rich lists are now published in The Australian Financial Review Magazine and in 2017 were rebranded as the Financial Review Rich List.[2]

In the 2017 list, the net worth of the wealthiest individual, Anthony Pratt, was A$12.60 billion.[3] The combined wealth of the 200 individuals was calculated as A$230 billion;[4] compared with a combined wealth of A$6.4 billion in 1984 when the BRW Rich 200 commenced.[5] Fifteen women and 185 men made the 2014 list.

List of individuals

2017[1][6] Name Citizenship Source of wealth 2016[7][8]
Rank Net worth
A$ bn 		Rank Net worth
A$ bn
1 Increase 12.60 Increase Anthony Pratt Australia Visy Industries; Pratt Industries 2 Increase 10.35 Decrease
2 Increase 11.45 Increase Harry Triguboff Australia Meriton Apartments 1 Decrease 10.62 Increase
3 Increase 10.41 Increase Gina Rinehart Australia Hancock Prospecting; investment 4 Decrease 6.06 Decrease
4 Decrease 8.26 Steady Frank Lowy Australia ex-Westfield; property (shopping centres) 3 Decrease 8.26 Steady
5 Increase 6.85 Increase Ivan Glasenberg Australia[9]
South Africa
Switzerland[10]		 Glencore commodities trading 9 Decrease 3.33 Decrease
6 Increase 6.84 Increase Andrew Forrest Australia Fortescue Metals Group 8 Increase 3.33 Increase
7 Decrease 6.05 Increase John Gandel Australia Property (shopping centres) 5 Increase 5.45 Increase
8 Decrease 5.96 Increase Hui Wing Mau China
Australia[11]		 Shimao Property 6 Decrease 5.39 Decrease
9 Decrease 4.79 Decrease James Packer Australia Crown Resorts; Consolidated Media Holdings 7 Steady 5.00 Decrease
10 Increase 3.90 Increase Stan Perron Australia Property 11 Decrease 2.88 Increase
11 3.07 Increase Len Ainsworth Australia Gaming; manufacturing
12 3.00 Lang Walker Australia Walker Corporation (property)
13 Steady 2.91 Increase Lindsay Fox AC Australia Linfox; property 13 Increase 2.49 Increase
14 2.90 Increase Kerry Stokes AC Australia Property; Seven West Media; resources
15 Increase 2.74 Decrease Bianca Rinehart Australia Hancock Prospecting; investment
16 Decrease 2.55 Increase David Hains and family Australia Investment 14 Decrease 2.48 Increase
17 Increase 2.51 Increase Mike Cannon-Brookes Australia Atlassian 18 Increase 2.00 Increase
18 Increase 2.51 Increase Scott Farquhar Australia 18 Increase 2.00 Increase
19 2.38 Increase Solomon Lew Australia Premier Investments; retail
20 2.38 Increase Jack Cowin Australia Competitive Foods Australia; investment
21 2.34 Increase Gerry Harvey Australia Harvey Norman Holdings
22 2.24 Marc Besen Australia Retail
23 2.09 Increase Alan Rydge Australia Rydges Hotels & Resorts; Event Cinemas
24 Increase 1.98 Increase Sir Michael Hintze Australia
United Kingdom		 Retail; investment 37 Decrease 1.32 Decrease
25 1.93 Huang Bingwen and family Australia Manufacturing
Legend
Icon Description
Steady Has not changed from the previous year's list
Increase Has increased from the previous year's list
Decrease Has decreased from the previous year's list

See also

References

  1. ^ a b Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Financial Review. Retrieved 7 October 2019.
  2. ^ Ward, Miranda (4 March 2016). "Fairfax Media to close BRW website with team joining new Leadership section at AFR". Mumbrella. Retrieved 4 March 2016.
  3. ^ Stensholt, John; Tadros, Edmund (25 May 2017). "Rich List 2017: the 15 names on every list since 1984". AFR Magazine. Retrieved 13 June 2017.
  4. ^ Stensholt, John, ed. (26 May 2017). "Financial Review Rich List 2017 tops $230 billion mark". Financial Review. Retrieved 7 October 2019.
  5. ^ Janda, Michael (31 May 2019). "Australia's wealthiest have become 50 times richer in my lifetime". ABC News. Australia. Retrieved 7 October 2019.
  6. ^ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  7. ^ Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200". Financial Review. Australia. Retrieved 7 June 2016.
  8. ^ Ong, Thuy (26 May 2016). "BRW rich list topped by Harry Triguboff, Gina Rinehart slips to fourth". ABC News. Australia. Retrieved 7 October 2019.
  9. ^ Wen, Philip (26 May 2011). "Mystery billionaire emerges from corporate shadows". Executive Style. Australia. Archived from the original on 9 October 2019. Retrieved 8 October 2019.
  10. ^ Glasenberg, Ivan (5 May 2013). "Letztlich macht es keine Differenz, ob Ihr Vermögen eine Milliarde beträgt oder sechs". SonntagsZeitung (Interview) (in German). Interviewed by Martin Spieler. Archived from the original on 6 May 2013. Retrieved 30 September 2019.
  11. ^ Chancellor, Jonathan (22 May 2013). "Billionaire property developer Hui Wing Mau the highest debutant on BRW Rich List". SmartCompany. Archived from the original on 26 July 2014. Retrieved 17 July 2014.