The 10 Richest People In Australia Revealed (2022)

Richest People In Australia 2022 Andrew Twiggy Forrest

Conversation surrounding the richest people in Australia seldom offers any surprises.

For years, mining magnate Gina Rinehart has remained the country’s richest person thanks to how natural resources are king here in Australia. Rinehart’s industry rival Dr Andrew “Twiggy” Forrest usually trails behind at a close second, while tech money steadily creeps into the Top 10 led by the young hustlers, i.e. Nick Molnar of Afterpay, Melanie Perkins and Cliff Obrecht of Canva. No doubt one of them will usurp old Gina to become the richest person in Australia sometime in the near future. What does consistently raise eyebrows, however, is the degree to which the numbers snowball year after year.

In 2021, The List: Australia’s Richest 250 had a combined wealth of approximately $470 billion. This year, the total has exceeded $520 billion with Rich Listers averaging a net worth of $2.08 billion. According to the data, the highest money-making sectors within the annual breakdown are currently:

  1. Property (59)
  2. Technology (29)
  3. Investment (28)
  4. Retail (27)
  5. Mining (22)
  6. Manufacturing (14)
  7. Healthcare (13)
  8. Financial services (12)
  9. Agriculture (10)
  10. Construction (10)

RELATED: How Much Money Do You Need To Be Considered Rich In Australia?



In terms of people themselves, the average age in The Australian‘s Rich List is a ripe 65 – the youngest Rich Lister being Afterpay’s Mr Molnar (32) while the title of oldest is shared by Len Ainsworth and Marc Besen (98). As for the gender split, 30 of the 250 are women – three more than last year.

“If there is one trait that permeates the ranks of The List: Australia’s Richest 250 this year… it has to be ambition.”

“[Cover star & Merivale heir] Justin Hemmes is a case in point, and it’s a trait that so many on The List share,” explains John Stensholt, Editor of The List, referencing how the pub baron bumped his net worth up to $1.31 billion in defiance of COVID-19.

“Despite the pandemic, some sectors – retail in particular – have done incredibly well and created a surge in new wealth on The List… 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.”

Check out the 10 richest people in Australia below.

The 10 Richest People In Australia Revealed [2022]

**Note: Previous year rankings & wealth change sourced from AFR Rich List data.

1. Gina Rinehart (Mining/Resources/Agriculture) – $32.64 billion

2021 Rank: 1
2020 Rank: 1
Wealth Change: +$1.58 billion



2. Dr Andrew “Twiggy” Forrest (Mining/Resources) – $31.77 billion

2021 Rank: 2
2020 Rank: 2
Wealth Change: +$4.52 billion

3. Anthony Pratt (Manufacturing/Paper) – $27.75 billion

2020 Rank: 4
2020 Rank: 3
Wealth Change: +$7.66 billion

4. Mike Cannon-Brookes (Tech) – $26.20 billion

2021 Rank: 3
2020 Rank: 5
Wealth Change: +$6.02 billion

5. Scott Farquhar (Tech) – $25.99 billion

2021 Rank: 5
2020 Rank: 6
Wealth Change: +$5.99 billion

6. Harry Triguboff (Property) – $20.81 billion

2021 Rank: 6
2020 Rank: 7
Wealth Change: +$3.54 billion

7. Clive Palmer (Mining/Resources) – $18.35 billion

2021 Rank: 7
2020 Rank: 8
Wealth Change: +$5.34 billion

=8. Cliff Obrecht (Technology) – $15.89 billion

2021 Rank: 10
2020 Rank: 9
Wealth Change: +$7.91 billion

=8. Melanie Perkins (Technology) – $15.89 billion

2021 Rank: 10
2020 Rank: 
9
Wealth Change: +$7.91 billion



10. Ivan Glasenberg (Mining) – $9.10 billion

2021 Rank: 12
2020 Rank: 10
Wealth Change: +$1.71 billion

You can check out the full list of richest people in Australia here.