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The 10 richest Aussies of 2022 revealed

·Personal Finance Editor
·2-min read
Rich listers Mike Cannon Brookes and Gina Rinehart.
Mike Cannon Brookes and Gina Rinehart made the rich list, along with many other notable Aussie billionaires. (Source: Getty)

Australia’s richest people have been revealed and their combined worth skyrocketed to $520 billion over 2021.

Not only that, but Australia now has a massive 131 billionaires.

The data, released by The List, revealed the average net worth of Australia’s richest people was $2.08 billion.

While this year’s edition of The List has more members from the technology sector than ever before (29), some of the so-called older industries, such as manufacturing, were showing resilience.

“The technology revolution is heralding a shift from ‘old’ industries, such as mining and manufacturing, to newer online sectors, bringing significant change to the ranks of the country’s wealthiest individuals,” The List editor John Stensholt said.

“It has also helped create a record number of new names on The List, with 29 debutants. It’s been fun uncovering the new names coming up amongst the old guard of The List and sharing their stories.”

Aussie company Canva has been hailed as “the new Google”, with co-founders and husband and wife team Melanie Perkins and Cliff Obrecht, reaching the Top 10 for the first time.

They are ranked 8 and 9 respectively on The List, with a combined value of $15.89 billion. The Canva business is valued at more than $55 billion.

Industries most likely to make millionaires

The highest money-making sectors from the list are:

  1. Property (59)

  2. Technology (29)

  3. Investment (28)

  4. Retail (27)

  5. Mining (22)

  6. Manufacturing (14)

  7. Health care (13)

  8. Financial services (12)

  9. Agriculture (10)

  10. Construction (10)

Where do the richest live?

New South Wales has the highest number of people in the list, with 98 residents, Victoria has 71, Queensland has 32, Western Australia has 21, South Australia has five, Northern Territory has two and Tasmania and the ACT have one each. Nineteen live overseas.

The most popular suburbs for The List’s rich are:

  1. Toorak, VIC (20)

  2. Point Piper, NSW (12)

  3. Vaucluse, NSW (11)

  4. Mosman Park, NSW (6)

Top 10 richest Aussies

Rank

Name

Valuation

Industry

State Of Residence

1

Gina Rinehart

$32.64b

Mining

WA

2

Andrew Forrest

$31.77b

Mining

WA

3

Anthony Pratt & Family

$27.77b

Manufacturing

VIC

4

Mike Cannon-Brookes

$26.20b

Technology

NSW

5

Scott Farquhar

$25.99b

Technology

NSW

6

Harry Triguboff

$20.81b

Property

NSW

7

Clive Palmer

$18.35b

Mining

QLD

8

Melanie Perkins

$15.89b

Technology

NSW

9

Cliff Obrecht

$15.89b

Technology

NSW

10

Ivan Glasenberg

$9.10b

Mining

Overseas

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