The combined fortunes of north Queensland's richest people have swollen by nearly $100 million over the past year. The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. "I think the iron ore would be worth more than $2 billion alone," he said. We came close a few times to going bust (in the early days) but we always managed to get out of that. Filling position 91 this year is a new entrant, and obvious omission from the 2013 Top 150 list, Brendan Menegazzo. That cancelled out an impressive rise of nearly 11 per cent in the fortunes of others on the list, with some adding hundreds of millions of dollars to their bank balances. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. John van Lieshout $1.47 billion. We didnt have much knowledge just a lot of ambition.. Remove the three big miners from the top of the Qld 150 Rich list (Clive Palmer, Chris Wallin and the Fu and Lin family) and the remaining 147 wealthy individuals all increased their net worth this year by an average of $23m, or 10.9 percent. Join the conversation, you are commenting as. Peter Camm. WHOS TAKEN HIS PLACE? But that is a massive $2.29 billion drop, making him also the biggest loser this year. But Australia's first lady Therese Rein - wife of Prime Minister Kevin Rudd - slides 53 spots down our list with a $102 million drop in wealth, the result of upfront costs from a big international expansion by her Ingeus employment services group. You want security. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. Your comment will not appear until it has been moderated. The second annual Queensland rich list in the Sunday Mail newspaper has unearthed a surprising batch of hot new entrepreneurs in the mining, property and financial services sectors. Attributed an asset value of $132m. QUEENSLAND 2015 BRW RICH 200. Reg Rowe is Queensland's fifth wealthiest person.Credit:Glenn Hunt. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. Peter and Jane Hughes Hughes Grazing enterprise fell four places this year to position 39, on account of a reported $24 million fall in worth to $274m. Mr Quinn plans to expand to every major town. Sold Labelle Downs and Welltree in the NT for $72m in 2008, before buying several properties around Charters Towers and Hughenden and Sir Graeme McCamleys Glenprairie Station recently for $28m. QUEENSLAND'S richest person has retained the top spot despite his wealth more than halving. Sport Liquidators have been appointed to troubled Brisbane builder PlanBuild leaving 40 homes unfinished including one customer "left with a pile of . A Queensland Skilled Occupation List (QSOL) for offshore applicants is available here. In 20 years, the Quinns have made their VIP group the worlds biggest producer of chilled pet foods. To qualify this year, entrants needed net worth of $62m, up from $58m last year, which edged the Brookes out of a spot. Beef industry stakeholders (from production through to processing) numbered 15, exceeded only by wealth created from the property market (38 entrants) and retail/wholesale (17 entrants). Your email address will not be published. The plant was commissioned in August 2008. Ms Rinehart is also the second-richest woman in Australia, falling behind her estranged mother Gina Rinehart, who is worth $10.41 billion. Retail trading became a lot tougher soon afterwards, he says. Save my name, email, and website in this browser for the next time I comment. The Palmer United Party chiefs estimated wealth has been halved, dropping by $1.04 billion to $932 million. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. Noel and Liz Cook. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. Starting as a junior cleaning windows and toilets at the Royal Art Furniture store in Fortitude Valley, he worked his way up to dispatch and then second-floor bedding sales where he and workmate and lifelong friend John Pilkington supplemented their income by buying trade-ins which they repaired, restored and sold from a garage at weekends. Bianca Rinehart tops the list, worth $2.74 billion, thanks to her 23 per cent stake in Hancock Prospecting. In a rags-to-riches story, Reg and Hazel Rowe have joined the exclusive club after turning a mum-and-dad business selling car accessories out of the garage of their suburban home into a giant retail empire including Supercheap Auto. Terry Elmore Peabody (services) $1.3 billion, 4. But they do more than match the others in fortune. In 2013, the O'Shea family, which owns TriCare, was reported as number 43 on Queensland's top 150 rich list. [3], As a metallurgist, Bond always had an interest in mining technology and renewable energy, and in 2005 he took over Linc Energy,[6] signing a memorandum with Syntroleum granting a licence to use the company's proprietary gas-to-liquid technology. Free to sign up. Udo Jattke, aged 48, who owns builder Glenwood Homes and is valued at $300 million. Paul Little, Toll Holdings, $363.4 million, 6. The personal fortunes of John Van Lieshout, Bob Ell, Con Makris and Reg Rowe, come from a base of property. HOW QUEENSLANDS RICHEST MAN MADE IT TO NUMBER ONE. An annual Queensland 150 Rich List compiled by the Sunday Mail newspaper this weekend has exposed the tough conditions being experienced across the beef industry even for the sectors largest stakeholders. The Fairfaxs filled position 10 on this years Queensland Rich list. All times AEST (GMT +10). Joining them in the ranks of biggest risers are Flight Centre founder Graham Turner and his wife Jude, who added $330 million (83 per cent) to their coffers through a soaring share price. You never really feel that . Don't have an account? Your comment will not appear until it has been moderated. "Now there's property booms everywhere including Queensland so it's probably the main base of people's wealth there now.". Last year the McCamley family's assets were worth an estimated $181 million according to the 2012 report, but they do not meet the cut-off for this year's Top 150 list. Three resources barons - Mr Palmer, QCoal owner Chris Wallin and Sam Chong, a partner in two Bowen Basin coal mines - shed nearly $3.5 billion from their combined fortunes as world prices fell. However it provides a worthwhile snapshot of the state of play at the big end of the production sector, in the biggest beef producing state. You know, Mr Van Leishout tells The Sunday Mail, the funny thing is you still dont ever really feel that you have been a success. A two bedroom cottage bought for just $13,000 in 1972 on one of Queenslands hottest streets has sold at auction, and the price will blow your mind. Cairns based George Chapman made most of his money in tourism and property, but still owns large cattle assets in far north Queensland. Falls from position 81 to 94 this year. Rich List editor John Stensholt said mining would have featured more heavily in Queensland's rich list half a decade ago. Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam, Revealed: The richlisters who own Qlds 22 most-prized island jewels, Federal Courts tough justice leaves investors in dark. He fell from position 17 to 18 this year, although his asset value was assessed as being up $88m, to $560m. The former miner sold his stake in the Jellinbah mine in 2007 for $270m. Sir Graham McCamley no longer figures on the list after selling his major pastoral asset, Glenprairie Station, to Peter Camm in June. "I think the iron ore would be worth more than $2 billion alone," he said. Its position on the list was determined because the wealth is split between many family members, the Sunday Mail said. Queensland's five richest people Bianca Rinehart Worth: $2.74 billion Industry: Resources Not only is Bianca Rinehart the richest Queenslander, she is number 15 on the overall list of Australia's wealthiest, and is one of 10 Australian women who can also claim to be billionaires. The Brooks business still fell in the overall Top 150 rankings, however, sliding from position 139 to 149, on the strength of larger asset value increases among other non-beef related business listings. Your email address will not be published. The outcome will have a big impact - up or down - on his estimated wealth next year. Father-and-son development team Graeme and Shaun Juniper, whose iconic Surfers Paradise beachfront "Soul" tower was placed into receivership, had an even bigger fall. Mr Chong, whose fortune dipped by more than a third, said: "Times are bad but our heads are still above water. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. Im not one to socialise in all the right circles and all that. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. The result is driven by massive drops in the resources and energy sector. Remove the three big miners from the top of the Qld 150 Rich list (Clive Palmer, Chris Wallin and the Fu and Lin family) and the remaining 147 wealthy individuals all increased their net worth this year by an average of $23m, or 10.9 percent. Nationwide News Pty Ltd 2023. Richest Australians 2022. Another new addition to the list this year, not because his asset value increased, but because he was previously overlooked for inclusion. WA Rich List 2019: 40 to 31 | The West Australian WA Rich List 2019 WA's 50 wealthiest and how they did it 40 to 31 Editors: Neale Prior, Ben Harvey This content is proudly supported by Abercrombie & Kent When someone like John Hughes says we are overvaluing him, the team at the West Australian Rich List listen. Between them, three mining magnates Mr Palmer, Chris Wallin and Sam Chong shed $1.8 billion, Revealed: The richlisters who own Qlds 22 most-prized island jewels, Federal Courts tough justice leaves investors in dark. You always think it could be done better. Queensland's biggest cities, Brisbane and the Gold Coast, hold less rich listers than the other capitals - coming in at four and five respectively in the list of top five cities for wealth - but Stensholt said Queensland's wealthy were for the most part getting wealthier. Mr Van Lieshout grew the Super A-Mart furniture chain to 21 big box stores in Queensland and northern NSW, capturing more than 20 per cent of market share based on a simple product and price philosophy. With over 10 years' experience in business advisory, I have worked with a number of family groups, some of which have featured on the Queensland Top 150 Rich List. He shifted up two places this year from 18 to 16. The switch at the top reflects a broader change in the fortunes of the Sunshine States super-rich. 85. . That's equivalent to the combined annual earnings of 7466 average Australian workers. But he is pushing ahead with plans to build a replica of the ill-fated ocean liner Titanic and last week claimed early survey results suggest a gas field he owns off Papua New Guinea could be one of the world's biggest. A perfect weekend is spending time with my family - going to Noosa or somewhere like that. QUEENSLAND'S TOP 50 RICH LIST Pick up a copy of today's print edition of The Sunday Mail for the full QUEENSLAND TOP 150 RICH LIST in a 32-page magazine. BILLIONAIRE turned politician Clive Palmer has relinquished the No. During the past 12 months they have pushed into the US and will build a factory in Texas in the coming year to supply 3000 stores in that state alone. that youve made it.. Very nice for some. By the time Mr Van Lieshout bought out his partner in 1984, Super A-Mart furniture had six stores. Angus Pastoral Co owns 162,000ha of grazing land in Central and North Qld, running about 35,000 cattle and a feedlot. Don't have an account? The sale of concrete plants and quarries has enabled them to invest in developing innovative building products, with a $213 million increase taking their total wealth to $826 million. However, when it comes to cold hard cash, the world's richest people come from all different backgrounds. This is still not anywhere near Silicon Valley's richest. Scroll on to find out who the 10 richest self-made Australians under 40 are for 2021, according to the AFR's 2021 Young Rich List. All quite low-key. Asset value assessed at $298m, down $59m on last year. Their average net worth this year was $224m, which fell 14pc or $31.3m compared to the 2012 report. McDonald family, MDH Pty Ltd. Pick up a copy of today's print edition of The Sunday Mail for the full QUEENSLAND TOP 150 RICH LIST in a 32-page magazine. Im just like everyone else. The outcome will have a big impact - up or down - on his estimated wealth next year. They cant do enough for you over there. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. She formerly worked as an executive at Yahoo during the dot-com boom and was reported to have earned a salary of $30 million. . Save my name, email, and website in this browser for the next time I comment. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. Travel tycoon Graham "Skroo" Turner and his wife Jude own Flight Centre. The Sunday MailQueensland's Top 50 Rich List reveals the 59-year-old walking headline is still the state's wealthiest person with $1.98 billion. New rules restricting access to fundamental details surrounding legal cases have no merit and are a bad outcome for financial markets. Mr Chong, whose fortune dipped by more than a third, said: "Times are bad but our heads are still above water. log in. Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. His private company Mineralogy is involved in a court battle with Chinese-owned CITIC Pacific over royalty payments for ore from his huge Pilbara deposit. Gordon Merchant (manufacturing) $805 million, 10. In addition to the above summary we have included below a number of other individuals whose primary source of wealth has come from sources other than beef, but who still control very large beef interests: 10. Kevin Maloney, MAC Services Group $220.7 million, 3. Dominic Powell. Philip Sullivan, City Pacific 152.8 million, Source: BRW (Note: Some shares may have been sold in past year). April 05, 2022. This from the man who became Queenslands first billionaire nine years ago; from the man who built one of the nations most successful retail chains from nothing and then changed careers at 60 to run a real estate empire; from the man who arrived in Australia from Holland as a 14-year-old kid, friendless, frightened and unable to speak English and dropped out of school two months later after a row with a teacher who thought he was faking his inability to understand lessons. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. But Australia's first lady Therese Rein - wife of Prime Minister Kevin Rudd - slides 53 spots down our list with a $102 million drop in wealth, the result of upfront costs from a big international expansion by her Ingeus employment services group. This list is incomplete, as not all companies . 1 BILLIONAIRE turned politician Clive Palmer has relinquished the No. In a rags-to-riches story, Reg and Hazel Rowe have joined the exclusive club after turning a mum-and-dad business selling car accessories out of the garage of their suburban home into a giant retail empire including Supercheap Auto. Find out more about our policy and your choices, including how to opt-out. But that is a massive $2.29 billion drop, making him also the biggest loser this year. The states largest grain grower has benefitted from a bumper grain crop and high export demand. Bond has six children with his ex-wife Louise. 20 March 2019, we released a rich list of a different kind. 28. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. Love them, hate them, or envy them, Australia's richest people have been announced for 2022 by The Australian's The List. Euan and Kaye Murdoch, who sold their Herron Pharmaceuticals business in 2003 for a reported $123 million, today concentrate on their showcase Beaudesert grazing property and intensive, large scale artificial breeding centre, Nindooinbah. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. Your email address will not be published. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. He is still based in the rural Queensland town of Dayboro. Blair and Josie Angus (pictured left). Don't miss out on the headlines from QLD Business. The BRW Rich 200 includes 27 Queenslanders among the 200 Australians who have amassed a collective worth of over $150 billion. Probably the main base of people 's wealth there Now. `` politician Clive Palmer has relinquished no! Year from 18 to 16 pastoral Co owns 162,000ha of grazing land in Central and north Qld, running 35,000. 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