Forbes list of Australia's 50 richest people 2016

The Forbes list of Australia's 50 richest people is the annual survey of the fifty wealthiest people resident in Australia, published by Forbes Asia in January 2016.[1]

This article is about the Forbes list of Australia's 50 richest people published in 2016. For general information about the list, see Forbes list of Australia's 50 richest people.

The net worth of the wealthiest individual, Blair Parry-Okeden, was estimated to be US$8.80 billion.[2][3][4][5][6] It was the first and only time that Parry-Okeden appeared on the Forbes Australian list. She is a US-citizen and, despite living in Australia,[7] is not eligible for admission on the list.

List of individuals
2016[1] Name Citizenship Source of wealth 2015[8]
Rank Net worth
US$ bn		 Rank Net worth
US$ bn
1 Increase8.80 IncreaseBlair Parry-Okeden United StatesCox Enterprises heiressn/anot listed
2 Decrease8.50 DecreaseGina Rinehart AustraliaHancock Prospecting; investment1 Steady11.70 Decrease
3 Decrease6.90 IncreaseHarry Triguboff AustraliaMeriton Apartments2 Increase5.60 Increase
4 Decrease5.00 SteadyFrank Lowy AustraliaEx-Westfield; property3 Increase5.00 Increase
5 Increase3.60 IncreaseAnthony Pratt AustraliaVisy Industries; Pratt Industries7 Decrease3.50 Decrease
6 Decrease3.50 DecreaseJames Packer AustraliaCrown Resorts; Consolidated Media Holdings4 Decrease4.70 Decrease
7 Decrease3.20 DecreaseJohn Gandel AustraliaProperty (shopping centres)6 Increase3.60 Increase
8 Increase2.80 DecreaseLindsay Fox AustraliaLinfox9 Increase2.90 Increase
9 Increase1.95 IncreaseDavid Teoh AustraliaTelecommunications17 Steady1.60 Increase
10 Increase1.90 DecreaseDavid Hains AustraliaInvestment11 Increase2.10 Steady
11 Decrease1.85 DecreaseKerr Neilson AustraliaFinancial services8 Increase3.00 Increase
12 Steady1.83 DecreaseFiona Geminder AustraliaManufacturing; investment12 Increase2.10 Increase
13 Increase1.80 DecreaseSir Michael Hintze Australia
 United Kingdom		Retail; investment15 Steady1.90 Increase
14 Increase1.78 IncreaseMike Cannon-Brookes AustraliaAtlassian25 Increase1.10 Increase
15 Increase1.75 IncreaseScott Farquhar Australia25 Increase1.10 Increase
16 Decrease1.60 DecreaseAlan Wilson and family AustraliaReece Group; retail14 Increase2.00 Increase
17 Decrease1.54 DecreaseStan Perron AustraliaProperty16 Decrease1.60 Decrease
18 Increase1.50 IncreaseJack Cowin AustraliaCompetitive Foods Australia; investment29 Increase1.00 Increase
19 Decrease1.35 IncreaseGerry Harvey AustraliaHarvey Norman; retail18 Increase1.30 Increase
20 Decrease1.30 DecreaseHeloise Waislitz AustraliaManufacturing; investment13 Increase2.00 Increase
21 Increase1.27 IncreaseAlan Rydge AustraliaRydges Hotels & Resorts22 Increase1.20 Increase
22 Decrease1.24 DecreaseAndrew Forrest AustraliaFortescue Metals Group10 Decrease2.10 Decrease
23 Decrease1.20 SteadyBob Ell AustraliaProperty development19 Increase1.20 Increase
24 Decrease1.10 DecreaseMaurice Alter AustraliaProperty (shopping centres)19 Increase1.20 Increase
25 Increase1.10 IncreaseRuss Withers and Beverley Barlow Australia7-Eleven Australian/anot listed
26 Decrease1.02 DecreaseLang Walker AustraliaWalker Corporation (property)21 Steady1.20 Increase
27 Decrease1.00 DecreaseKerry Stokes AustraliaProperty; Seven West Media; resources23 Decrease1.20 Decrease
28 Decrease0.97 DecreaseJohn van Lieshout AustraliaReal estate27 Increase1.00 Increase
29 Increase0.93 DecreaseAngela Bennett AustraliaResources31 Decrease0.97 Decrease
30 Steady0.92 DecreaseSolomon Lew AustraliaPremier Investments; retail30 Decrease0.98 Decrease
31 Increase0.83 IncreasePaul Little AustraliaLogistics; real estate37 Steady0.82 Increase
32 Increase0.77 IncreaseTony and Ron Perich AustraliaInvestment39 Increase0.75 Increase
33 Decrease0.76 DecreaseLen Ainsworth AustraliaGaming; manufacturing24 Decrease1.20 Decrease
34 Increase0.745 DecreaseBob Ingham AustraliaPoultry; property development35 Decrease0.90 Decrease
35 Increase0.74 DecreaseJohn Kahlbetzer AustraliaAgriculture36 Decrease0.83 Increase
36 Decrease0.735 IncreaseSam Tarascio AustraliaReal estate42 Increase0.71 Increase
37 Increase0.72 IncreaseJudith Neilson AustraliaInvestmentn/anot listed
38 Increase0.70 IncreaseCon Makris AustraliaReal estate46 Decrease0.64 Increase
39 Increase0.675 IncreaseReg Rowe Australian/anot listed
40 Increase0.66 SteadyRalph Sarich AustraliaReal estate44 Steady0.66 Increase
41 Decrease0.65 DecreaseMaha Sinnathamby AustraliaReal estate40 Increase0.74 Increase
42 Decrease0.645 DecreaseBrett Blundy AustraliaRetail; agribusiness38 Increase0.77 Increase
43 Increase0.64 IncreaseBruce Mathieson AustraliaHotels48 Decrease0.61 Decrease
44 Increase0.615 IncreaseRichard Smith AustraliaFood distribution45 Decrease0.65 Decrease
45 Increase0.575 IncreaseGraham Turner AustraliaFlight Centre; travel services49 Decrease0.57 Decrease
46 Decrease0.57 DecreaseBruce Gordon AustraliaWIN Corporation; investment41 Decrease0.72 Increase
47 Increase0.565 IncreaseNigel Austin AustraliaCotton On Group; retailn/anot listed
48 Decrease0.55 DecreaseChristopher Morris AustraliaSoftware; hospitality47 Steady0.63 Increase
49 Increase0.51 IncreaseGretel Packer AustraliaCrown Resorts; investmentn/anot listed
50 Increase0.50 IncreaseMarcus Blackmore AustraliaBlackmores; health supplementsn/anot listed
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

See also

References
  1. "Gina Rinehart Loses Her No. 1 Spot". Forbes Asia. 27 January 2016. Retrieved 22 October 2019.
  2. "Gina Rinehart gives way to Blair Parry-Okeden as Australia's wealthiest person". Guardian Australia. 28 January 2016.
  3. Jensen, Erik (13 March 2009). "A quiet American is Australia's richest person". The Sydney Morning Herald. Retrieved 10 November 2014.
  4. Murphy, Damien (29 January 2016). "The reclusive heiress who is the richest Australian". The Sydney Morning Herald. Retrieved 10 June 2016.
  5. "Australia's secret billionaire adds $US500 million to her fortune in 12 months". SmartCompany. Archived from the original on 4 February 2016. Retrieved 28 January 2016.
  6. "Gina Rinehart toppled as Australia's richest". New Zealand Herald. 28 January 2016. Retrieved 28 January 2016.
  7. "Billionaires 2019: #153 Blair Parry-Okeden". Forbes. 2019. Retrieved 29 September 2019.
  8. "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
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