AFR Rich List 2023: The ten richest Australians for 2023, ranked | Gina Rinehart, Andrew 'Twiggy' Forrest, Anthony Pratt, Harry Triguboff, Clive Palmer, Mike Cannon-Brookes.
7. Scott Farquhar. Seventh on the list is Atlassian co-founder Scott Farquhar.
Gina Rinehart: $43.17 billion
With a net worth of an excruciating $43 billion, Rinehart is not only the richest woman in Australia - by a large margin - she is also the eighth-richest woman in the world and among the wealthiest humans alive.
Australians wanting to be in the country's top 1% for wealth need to have an individual net worth of US$5.5 million ($8.3 million), Knight Frank's 2023 Wealth Report has found.
Mia Talerico: $1.5 Million
At 14 years old, Mia Talerico has more than $1 million to her name.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
1. Princess Charlotte of Cambridge (7 years) The title of world's richest kid is held by none other than Princess Charlotte of Cambridge. She is a member of the British royal family and the second child and only daughter of Prince William, Duke of Cambridge, and Catherine, Duchess of Cambridge.
1. Gina Rinehart, $37.41 billion (up $3.39 billion) Another year, another Rich List crowning Gina Rinehart as Australia's wealthiest person. 2023 marks the fourth consecutive year the mining magnate has held that mantle.
This is because a few very, very rich people are skewing the data. Living in the area is Australia's richest person, Gina Rinehart, media tycoon Kerry Stokes and mining billionaire Twiggy Forrest.
No suburb in the country features a greater concentration of members of The List – Australia's Richest 250 than Toorak, where Melbourne's wealthiest families have gathered for decades. Think historic looking mansions guarded by large hedges set back from the street to ensure privacy.
Forbes' real-time data shows that as of June 2023, there are 47 Australian billionaires on the list of the world's richest people.
Walton Family
The Walton family knows its way around some retail revenue. Its namesake, mega-retailer Walmart, has an estimated global revenue of $611.3 billion. As the family owns nearly half of the company, they should be quite comfortable for generations to come.
The richest person ever is thought to have been an emperor with an accumulation of wealth often described as “unimaginable” or “incalculable.” The title goes to 14th-century African emperor Mansa Musa, and his wealth has been estimated to be the modern day equivalent of $400 billion.
A trillion is such a huge number, followed by twelve zeros. That is one thousand times a billion (nine zeros followed by 1). Do you know that only 6 trillionaires ever lived on the face of earth? As of today, there are no trillionaires who live on earth.
Austin Russell of Luminar Technologies Remains the Youngest Self-Made Billionaire.
Hailing from Lagos, Nigeria, Mompha Junior, is the son of multimillionaire Nigerian internet celebrity Ismailia Mustapha, Muhammed Awal Mustapha. The young influencer boasts 29,800 followers on his Instagram account, where he posts photos of his grand lifestyle.
Princess Charlotte of Cambridge: $5 Billion
As of now, Princess Charlotte does not have a job, and she also has not received her inheritance, so her net worth is determined by her value to the U.K. economy in terms of her ability to drive billions in sales, according to Reader's Digest of Australia.
The average annual salary in Australia is $68,900 and $35.30 per hour. It is just the average salary for basic workers but skilled and experienced workers also earn around $108,980 annually. The average salary also varies depending on the field of work and the job role of workers.
The Australian middle class has a median household income of AUD$80,000. This statistic is a key indicator of the financial health of the Australian middle class.
The average yearly salary in Australia is 90,800 AUD (USD 60,355). Let's go through a few key indicators of the average earnings in Australia so you can fully understand salary statistics and trends in the country.