With a head office in Adelaide, the company recently added Hahndorf Resort and McCracken Country Club to their SA portfolio. The list, compiled for InDaily by Adelaide financial services firm Taylor Collison, is the states most definitive guide to our top companies (scroll to the bottom of the page for eligibility criteria). Forbes Billionaires 2022: The Richest People In The World The leather good and fashion retailer posted strong double-digit sales growth over the year, but is bracing for a slowdown in 2023. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 86. The Illawarra offering comes amid a boom in pub transactions across the country, an asset class which has surged in popularity as the nation emerged from two years of rolling pandemic lockdowns. 10-South Korea: This is the tenth-largest economy in the world in the year 2020-21 as per IMF. The 2021 edition of The List Australias Richest 250, is a story of the three Ps: the Pilbara, pizza boxes and personal computers | OUR TOP 5. At a time when fighting climate change is more urgent than ever our region is at just 25 per cent readiness for energy transition, one of the lowest globally and second only to Latin America at 22 per cent. Gina Rinehart tops the list with a massive $32.64 billion wealth. Sector: Agriculture | Revenue: undisclosed | Last Years Ranking: 29. Billionaire Clive Palmer has enlisted former attorney-general Christian Porter to his legal team as he chases a massive damages payout from Australia under international trade laws. Dream of becoming a billionaire? Pubs may be going through changing times but veteran hotel mogul Arthur Laundy reckons they still make up the fabric of Australia. Secretive fund manager buys into Warner Music and increases the short positions of its flagship fund by 20pc. Its not all work for the big players on The List: The Richest 250. Known . Hancock was started by Rineharts late father Lang Hancock in 1955, though its main asset then was an iron ore royalty stream. South Australia's top 100 companies: The full list for 2021 Sector: Information technology and equipment | Revenue: $479m | Last Years Ranking: 37. Arrowcrest is the parent company of automotive and farming machinery companies ROH Wheels, John Shearer, Unicast, Tristar, NonFerral, Kockums Industries and Brownbuilt. Provisional subclass 491 visa. Hains, who died on Sunday morning aged 92, has been remembered by his family and fellow Rich Listers for both his self-made business success, and personal warmth. That has included a major shareholding in AGL, where he managed last year to have four candidates he put forward for the board elected amid an effort to convince the energy giant to accelerate a transition to renewables. Melanie Perkins, 34, and Cliff Obrecht 36, have a combined net worth of $15.89 billion. The List: Australia's Richest 250 has this year risen to a total wealth of $520.20 billion, at an average of $2.08 billion for each of the 250 members. Business was different in those days, he says. Kilbirnie Investments has a series of automotive dealerships and horticulture assets, predominantly in South Australia and Victoria. The List: Richest 250 editor John Stensholt takes us behind the scenes of the rich list to talk about the big personalities who dominate the headlines. Sector: Agriculture | Revenue: $17.8m | Last Years Ranking: 81. Peter Freedman on the cover of AFR Magazines 2022 Rich List issue. The software groups shares have since eased but remain about 40 per cent higher than a year ago, lifting Whites wealth by $1.6 billion to $6.33 billion. Theyre not exactly destitute, but these 12 prominent billionaires have had a cool $40bn wiped from their wealth as tech stocks and other industries suffer big falls. The secretive Perth trio behind Wright Prospecting got a huge payday as the price of iron ore surged during 2020. They are amassing fortunes at an incredible rate. The Gday Group is Australias largest regional accommodation provider with 280+ properties across Australia, including 60+ owned and managed holiday parks. Watch the video to see how the average Aussie plans to spend their net worth, Looking for a new job or job candidate? Harry Triguboff, the 89-year-old behind the Meriton apartment empire, increased his wealth by almost $4 billion to $21.25 billion. Flight Centre boss Graham Turner is optimistic about the recovery of the wider publics travel habits even if he believes it will take some time to get back to pre-Covid levels. Perkins and Obrecht, who met at university and married two years ago, formed Canva in 2012 and remain at its helm. Bitcoin retreats. NSW can claim the highest number of people from the list with 98 residents. Clive Palmer is nearly doubling his wealth for a second year in a row, the mining giant now valued at $18.35 billion. Major investor and chairman Charles Gibbon becomes a billionaire for the first time while fellow investor and WiseTech director Michael Gregg debuts with an estimated wealth of $648 million. Thomson Geer is a large corporate law firm with 560 staff in offices in Sydney, Melbourne, Brisbane, Perth and Adelaide. A company founded and majority-owned by South Australians. In 2017, Land Services SA was appointed as the exclusive provider to the State Government for a range of land services and property valuation services, previously provided through the public agencies, the Lands Titles Office and State Valuation Office. Haighs Chocolates creates Australian-made chocolates in Adelaide. S&P 500 dips. This years edition of The List - Australias Richest 250 will show how mining and technology are now the countrys two most successful sectors. And he has just one simple rule for long-term success. McMahon Services is a privately-owned industrial, construction and environmental services provider established in 1990. Mike Cannon-Brookes (No.3); Robyn Denholm (120); Peter Freedman (192); Gina Rinehart (1); Sam Arnaout (63); Cliff Obrecht and Melanie Perkins (8). Sector: Biotechnology | Revenue: Not meaningful | Last Years Ranking: 63. Daily. Despite the sell-off, the 2022 Rich List marks a record year for wealth creation. Financial Review Rich List 2022: Gina Rinehart, Andrew Forrest, Mike Sector: Infrastructure and transportation | Revenue: $1.1b | Last Years Ranking: 12. We also unveil the winners of the individual awards. The economy's main sectors - iron . Not only that, but Australia now has a massive 131 billionaires. The business made a $450 million pre-tax profit in 2022. Sector: Waste Disposal | Revenue: $245m | Last Years Ranking: 30. Cochranes is an express logistics business, servicing South Australia, Mildura and Broken Hill. Of the 250 people who made the list, the average wealth sat around AUD$2.08 billion, up from AUD$1.88 billion last year. 2 of 11 Attribution: Yadid Levy. From mining magnates to technology leaders, healthcare pioneers and retail superstars, Australias richest women have made their mark this year. 16 in 2021. All but a handful still actively work in the businesses that have generated their wealth. Woolworths reports 8pc increase in sales. The hottest trophy asset for Australias rich elite right now is a $100m jet. Sector: Automotive | Revenue: $516m | Last Years Ranking: 19. Michael Bailey writes on entrepreneurship and the arts. Queensland retail couple Tah-nee and Simon Beard fail to make the list after taking equity in US-listed AKA Brands as part of the second tranche of their sale of Culture Kings. Havilah Resources engages in the exploration of gold, base metals, and other mineral deposits in Australia. South Australia is located in the south-central region of the country. Property Sector Dominates Australia's Rich List - The Urban Developer These Are The Richest People In Australia In 2021 (Australian Take our quiz and find out what kind of billionaire youll be when you strike it rich. Ruslan Kogan isnt entirely joking when he admits his $1.5bn business is really a data analytics company masquerading as an online retailer. There are a record 137 billionaires in Australia, up from 111 last year. Sector: Infrastructure and transportation | Revenue: $240m | Last Years Ranking: 9. Ian Malouf, Australias richest garbo, has traded bins for fancy boats, but even he with his billion-dollar personal fortune has suffered bill shock at the expense of living afloat. ASX to slip; Vanessa Hudson to lead Qantas, Top philanthropists say Yes with $17m to support Voice campaign, The high-stakes gamble at the heart of the Voice, How to barbecue pork chops like this smoking-hot new restaurant, The CEO of this $1b company sold everything from make-up to chicken, Why investors want more control over companies climate plans, How does this CEO do it all? The 2022 Financial Review Young Rich List: Top 10 richest Australians Lucas TCS is a privately-owned civil engineering and construction company, founded over 50 years ago which has worked with some of Australias leading mining and resource organisations. But who did the best? The billionaire owner of Australias global success story had to get creative when his team hit massive issues getting toys from China. Now in its seventh year, the Index has become a key source of data for those with a keen interest in the South Australian economy and business environment. RBA expected to hit pause. GPA Engineering is a multidisciplinary engineering and management firm. He is also responsible for the Financial Review's Rich Lists. Sector: Engineering | Revenue: Undisclosed | Last Years Ranking: 75. 2022 Australia's 250 wealthiest individuals | The Rich List Sector: Energy | Revenue: $1.5b | Last Years Ranking: 4. Korvest is a supplier of cable and pipe supports, industrial access and safety systems, fastening solutions and galvanising services. The Australian's 2022 edition of The List - Australia's Richest 250, to be released on . The retail sector has thrown in many of the lists lucky individuals, with Mecca cosmetics owners Jo Horgan, #188, and Peter Wetenhall, #189, with a combined wealth of $674 million. Travel is back and so is the Flight Centre share price which, combined with the Spicers Retreats business owned with wife Judy, lifts the couples wealth to $629 million as they sneak into 200th place after a two-year hiatus. SA's top 100 companies: the full list - InDaily Thirty-two years after founding their eponymous label, sisters Nicky and Simone Zimmermann have reaped the rewards of putting Australia on the international fashion map. Perkins and Obrecht, who are married, occupy eighth place with a combined wealth of $13.8 billion. The popular veteran stockpicker will take a carrot and stick approach to the LICs he has targeted that are trading below their asset value. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. At #10 another mining magnate Ivan Glasenberg maintains a worth of $9.10 billion. SeaLink is a tourism and transport company, operating across Australia, with more than 9000 staff and six million customers annually. That the Bras N Things and Sanity Music founder could get away with an offer for the budget retailer less than its previous closing price is a sign of his stellar reputation. For Mecca founder Jo Horgan, theres nothing so viscerally delightful as going into a store and playing with products. Chris Ellisons Mineral Resources is talking up its takeover bid for Norwest Energy as Gina Rinehart continues to slug it out with Strike Energy in the battle for Warrego. InDaily's ranking of the state's top 100 companies by market capitalisation and revenue covers the 2019-20 financial year.. The strong iron ore price as at April, when we ruled off the Rich List, also kept Andrew Forrest ensconced in second spot at $30.72 billion, a figure thats more than treble his wealth in 2019 when he sat in eighth spot with $7.99 billion. Zareh Nalbandian was paid more than $700 million when he sold his Animal Logic animation studio to Netflix last November, an analysis of the streamers accounts reveals. The dramatic shift from mining and property to technology to generate wealth in Australia has made Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, and Canva's Melanie Perkins and Cliff Obrecht among the country's top 10 richest people. Palmer has also battled WA Premier Mark McGowan in court and has also tried, unsuccessfully so far, to launch new coal-mining projects in Queensland. Khalil "Charlie" Shahin. The countdown finishes today with the full list, including the top 20 which features some newcomers. Perth industrial landholder Michael Hodgson and Bob Ell, another major industrial property player, both enjoy big jumps in their values Hodgson is now worth $3.08 billion, up from $2.34 billion and Ell, worth $2.42 billion, is up from $1.98 billion. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. Robern Menz is a confectioner with products including FruChocs and Violet Crumble. Sector: Financial | Revenue: $187m | Last Years Ranking: 2. Occupation Lists | Move to South Australia Woolworths shoppers warning after deli buy exploded causing third degree burns, Prince William and Kate leave fans speechless in amazing moment, Anna couldnt log in to myGov. Has Aussie billionaire created the next tech unicorn? Sector: Professional services | Revenue: $125m | Last Years Ranking: 57. Scammers had already claimed $150k in her name, Centrelink payment boost for 227,000 Australians, Australias biggest fuel retailer 7-Eleven up for sale, 14 million jobs will be eliminated in the next five years, new report finds, Delete it immediately: Aussies warned over DHL email, Bucket list: The holiday experience you have to try before you die, Residents bizarre message to neighbours over house renovation divides internet, How much super you need to retire comfortably revealed. The tech downturn could put plans for Canva to go public, probably in the US, on the backburner for now. The Standout Large Employer Award was won by Peregrine Corporation, the operator of the states network of On the Run service stations. Theres a new Territorian among Australias wealthiest people this year as the bush makes a comeback while tech fortunes fall. Harvey Norman is flying for the billionaire, but he has had less luck with some of his other investments. Australias richest person has warned the nations pensioners and others on low incomes will be forced to make difficult decisions as electricity costs rise. The returnees include Flight Centre founder Graham Turner. Forrest is FMGs biggest shareholder, having started the company in 2003 after being forced to stand down from a previous role as boss of Anaconda. Sector: Infrastructure and transportation | Revenue: Undisclosed | Last Years Ranking: 77. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 91. That should stand them in good stead, and their valuation is only falling in line with other tech firms. Though he turned 90 in early March, he shows little signs of slowing down. Hes setting up a new technology education foundation to get the ball rolling. Financial Review Rich List 2021 - Wikipedia Adelaide Airport is the fourth-largest domestic airport and sixth-largest international airport in Australia, processing more than 7.7 million passengers annually. The Australian doesn't play nicely with your current browser. Suburbs with highest-density of the painfully rich are: Toorak, 20, Point Piper, 12, Vaucluse, 11, and Mosman Park, 6. Billionaire Alexandra Burt fell in love with the magic of ballet at five years old; now shes among our most generous arts donors. Importantly, the report reveals that wealth in Australia has surged, with a record 29 new names making the list this year, the youngest of which being Afterpay guru Nick Molnar, who at just 32-years . Camms offer business software with integrated solutions for projects and strategy to help clients manage risk and optimise organisations. Established in 1946, Argo is South Australias leading listed investment company. Australias youngest billionaire is Melbournes 27-year-old crypto gambling magnate Edward Craven, who debuts on The List - Australias Richest 250 with an estimated $2.01bn fortune. Young Rich List 2022 total wealth drops by $11b after tech entrepreneur It has been another big year for Rinehart, who maintains her number-one position on the Richest 250. At the time, his wealth was estimated at $879 million thanks to the value of tokens underpinning his Synthetix derivatives trading protocol. Rich lister Shaun Bonett is best known for his property holdings, but another venture thats cashing in on the online shopping boom may well be his gift that keeps on giving. Sector: Food and Beverage | Revenue: $274m | Last Years Ranking: 48. Parafield Airport is South Australias premier general aviation airport and is a major world-standard international training airport. Matthews Hotels is a hospitality company that owns and operates a range of hotels in Adelaide, Mount Gambier and Whyalla. He pulled out of a $346 million bid for renewable firm Genex Power with US private equity firm Stonepeak in January. Sector: Healthcare | Revenue: $3.7m | Last Years Ranking: 60. Australias wealthy are involved in charity pursuits at a much earlier stage of their career than ever, with young tech elites leading the way. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 83. Sector: Other | Revenue: $44.9m | Last Years Ranking: 79. While she hasnt moved rank in the last year, she has added another $1.58 billion to her name. Australia's richest property powerbrokers revealed 54) has been removed from the list. Community CPS Australia (Beyond Bank), 24. Here are the ones with the most at stake. The tech sector also delivers the list its youngest-ever member in 25-year-old Robert Ferguson who, alongside his 30-year-old brother James at No. The list, compiled for InDaily by Adelaide financial services firm Taylor Collison, is the state's most definitive guide to our top companies (scroll to the bottom of the page for eligibility criteria).. Get InDaily in your inbox. Flinders Port Holdings is a privately-owned port operator with seven ports in South Australia, also offering hydrographic survey services. Richest People in South Australia, AU - Net Worth Tic:Toc is a finance technology company that launched in 2017 to provide cheaper home loans using proprietary technology. Bionomics is a biopharmaceutical company involved in the development of treatments for central nervous system disorders such as anxiety, depression and Alzheimers disease. But there are others also making big money in fashion. Media diversity is under threat in Australia nowhere more so than in South Australia. Mayne Pharma Group is a specialty pharmaceutical company focused on applying its drug delivery expertise to commercialise branded and generic pharmaceuticals. Headed by Richest 250 member Fung Lam, New Aim is an Australian e-commerce success story, which is seeking external capital for the first time to bolster growth. There are13 debutantes on the 2022 Rich List, helping drive the total wealth of Australia's top 200 past half a trillion dollars to $555 billion, up from $480 billion in 2021, making the past year a record period for wealth creation. Out now: The definitive list of Australias wealthiest people, now in its 40th year. Theyre among the biggest names in business, and under the age of 40. Gina Rinehart tops Australia's richest while Clive Palmer doubles his wealth, Canva creator Melanie Perkins cracks the top 10 and all 250 on the list grow their fortunes by $50BILLION in just a year Updated Oct 28, 2022 - 8.46am, first published at Oct 27, 2022 - 5.45am. Discovery Parks Holdings (GDay Group), SA 'Copper Kingdom' World Heritage bid a step closer, Local Beresford Wines Shiraz sweeps London wine awards, All eyes on Reserve Bank interest rate call, 'This must end': Govt moves on child vaping, A South Australian entity with an Adelaide ownership register, or a South Australian operated entity; or. Maggie Beer Holdings represent four brands of gifting, food and beverage products using Australian ingredients and materials that support local dairy farmers, fruit and vegetable growers. Despite the sell-off, the 2022 Rich List marks a record year for wealth creation. Gina Rinehart top Australia's rich list followed by Clive Palmer and Sector: Information technology | Revenue: $19.5m | Last Years Ranking: Unranked. Three key trends are emerging in Australian business during COVID-19: iron ore exports, food and e-commerce. It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business pay staff well, hire more women and stay out of the way. The collective wealth was $479.6 billion in 2021. Sector: Packaging | Revenue: $544m | Last Years Ranking: 36. Here are the current richest ten Aussies and what the AFR estimates are their net worth: Gina Rinehart with a net worth of $34.02 billion, up from $31.06 billion in 2021. Sector: Building and construction | Revenue: $347m | Last Years Ranking: 35. For those thinking getting rich is a pathway to early retirement, think again. Farquhar broke the Australian property record in January, when it was revealed he was shelling out $130 million to buy the Sydney harbourside home known as Uig Lodge in Point Piper. Tania Austin, the owner of Decjuba, is one of the most impressive new names on The List Australias Richest 250 this year. *combined with Melanie PerkinsThe darlings of the technology sector have fallen back to earth somewhat in the past year, with the value of their digital graphics business Canva slashed by investors by about one-third. Harry Triguboff (AUD$20.81 Billion) Property giant Harry Triguboff is no stranger to rich lists. See how the race unfolded here. The billionaire still has more than $3bn of property assets after converting a sheep paddock into a huge office precinct. Sector: Other | Revenue: $58.9m | Last Years Ranking: 56. Rinehart No1 as pizzas also deliver a packet, Economy dire for 12-18 months: pub baron, Property doyen Kevin Seymour parks opinion, Gurner warns of apartments shortage and COVID rental crisis, Rich-list solar farm wins federal support, Up $11bn, Forrest has a profitable pandemic, find out more about our policy and your choices, including how to opt-out here. Santos is a major oil and gas producer, supplying Australian and Asian customers with a portfolio of liquefied natural gas, pipeline gas and oil assets. Sector: Building and construction | Revenue: $1.5b | Last Years Ranking: 7. Theres work to do for this 97-year-old who heads into the office each weekday. She makes choices, The artisans turning Australian flora into luxe textiles, Why this CEO would like to play golf with Richard Branson, Its been like a dream: Dancer returns to the stage after two decades, Winners emerge from building sector collapses. Alcidion Group Limited is a health informatics company providing clinicians with decision support tools. Institutional investors may see Blackstones Crown offer as close to the mark, but James Packer will be eyeing potential rival bids. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 59. The Richest People In South Australia, AU Below are the richest people in South Australia, AU. At #6 Harry Triguboff, nicknamed high rise Harry has a wealth of $20.81 billion. Founded by current executive director Joe Collins in 1996, the Adelaide headquartered company now has offices across eight locations including New York, London, Manchester, Melbourne, Sydney, Adelaide, Perth and a Global Service Delivery Centre in Colombo, Sri Lanka. Escient is an employee-owned digital and business advisory firm. A high-stakes trial involving two billionaires and royalties from Rio Tinto iron ore mines is set to go ahead. Atlassians Scott Farquhar has made several canny private investments, as he racks up an increasingly impressive record of picking start-up winners. Dominic Lorrimer. There is, of course, a more traditional way to make plenty of money: property. This is also known as Online Behavioural Advertising. Sector: Travel and accommodation | Revenue: $207m | Last Years Ranking: 14. Perkins and Obrecht still have big paper fortunes, and say Canva is profitable and hiring more staff around the world. This year it became Australias third most valuable privately held tech company, attracting investment from Singapores Temasek and Chinas Tencent. The Rising Star Award is presented to Core Lithium, which jumped a huge 70 places from 86 last year to No. FFI plans to spend billions on turning green hydrogen into a major commodity, though it is the iron ore price that has driven FMGs profits and the increase in Forrests wealth in the past year. Sector: Information technology and equipment | Revenue: $20.9m | Last Years Ranking: 50. Sector: Building and construction | Revenue: $83 million | Last Years Ranking: 52. Established in 1984 when Fred Shahin purchased a small BP service station in Woodville Park, Peregrine is now the largest private company in SA with revenues approaching $3 billion in 2020-21. Sector: Healthcare | Revenue: $13.3m | Last Years Ranking: 85. English soccer a new and increasingly lucrative arm of Australian bankings millionaires factory. Sector: Agriculture | Revenue: $39.7m | Last Years Ranking: 39. The duo met at the University of NSW, starting Atlassian and later floating it on the NASDAQ in 2015. WiseTechs Richard White wants to beef up Australias STEM capacity. CLICK HERE FOR THE FULL INTRODUCTION AND METHODOLOGY.. Sector: Professional services | Revenue: $300m | Last Years Ranking: 34. Samuel Smith & Son is a family-owned wine merchant established in 1923, servicing the Australian liquor industry with a portfolio of national and international wines, spirits and premium ales. Dennis Bastas points to his engineering brain and an appetite for discomfort to explain his extraordinary deal-making success. Construction of the project is expected to begin this month following a $116 million capital raise earlier this year, which has helped increase the Adelaide-based companys market capitalisation at the end of September to more than $600 million. Sector: Food and Beverage | Revenue: Undisclosed | Last Years Ranking: 71. Sector: Energy | Revenue: Not meaningful | Last Years Ranking: 66. It covers a total area of 402,903 and has a population of 1,706,500. . Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. Yet as some make their way back, others tumble out in spectacular fashion.
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