The AFR Rich List has once again provided some eyebrow-raising insights, revealing who the richest Australians are in 2020. The country now has a record 104 billionaires with the Top 200 entrants increasing their collective wealth by 24% this past year alone.
Heiress Gina Rinehart finds herself sitting comfortably in first place, separated by a gap of almost $6 billion between her and the nearest competition. Joined by the likes of Dr Andrew “Twiggy” Forrest and Clive Palmer in the top ten rankings, this has been quite a prosperous year for mining money.
On the younger side of the spectrum, Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar have retained their middle positions of #5 and #6 – adding roughly $7 billion to their respective net worths thanks to rising share prices.
RELATED: Nick Molnar Becomes The Youngest Self-Made Billionaire In Australia.
Check out the richest Australians in 2020 according to the AFR Rich List below.
Gina Rinehart (Mining/Resources/Agriculture) – $28.9 billion
2020 Rank: 1
2019 Rank: 2
Wealth Change: +$15.09 billion
Dr Andrew “Twiggy” Forrest (Mining/Resources) – $23 billion
2020 Rank: 2
2019 Rank: 8
Wealth Change: +$15.01 billion
Anthony Pratt (Manufacturing/Paper) – $19.75 billion
2020 Rank: 3
2019 Rank: 1
Wealth Change: +$4.18 billion
Hui Wing Mau (Property) – $18.06 billion
2020 Rank: 4
2019 Rank: 4
Wealth Change: +$7.67 billion
Mike Cannon-Brookes (Tech) – $16.93 billion
2020 Rank: 5
2019 Rank: 6
Wealth Change: +$7.3 billion
Scott Farquhar (Tech) – $16.69 billion
2020 Rank: 6
2019 Rank: 5
Wealth Change: +$6.94 billion
Harry Triguboff (Property) – $14.42 billion
2020 Rank: 7
2019 Rank: 3
Wealth Change: +$0.88 billion
Clive Palmer (Mining/Resources) – $9.18 billion
2020 Rank: 8
2019 Rank: 15
Wealth Change: +$4.28 billion
Frank Lowy (Retail) – $8.3 billion
2020 Rank: 9
2019 Rank: 7
Wealth Change: -$0.26 billion
Kerry Stokes (Media) – $6.26 billion
2020 Rank: 10
2019 Rank: 11
Wealth Change: +$0.59 billion
The complete AFR Rich List has been published here.
Related: The World’s 10 Richest Families
