Mining magnate Gina Rinehart is Australia's richest woman with an estimated $36.7 billion fortune, followed by fellow West Australian Nicola Forrest, who debuts on the list with a $16.5 billion fortune thanks to her increased activity within investment group Tattarang, including its recent investment in fashion label ...
Andrew "Twiggy" Forrest is second on the list with an estimated $35.21 billion. Though he has large interests in the cattle industry, most of his wealth comes from his mining company Fortescue.
The 2020 edition carried the coverline "Millennial Billionaire" and featured Melanie Perkins one of the co-founders of the graphic services company Canva. Perkins was 32 years old at the time, making her Australia's youngest ever billionaire with a valuation of $1.32 billion.
Australia's richest person, Gina Rinehart, is the daughter of iron-ore explorer Lang Hancock. Rinehart made her wealth rebuilding Hancock Prospecting, becoming chair in 1992 when her father died.
Bettencourt Meyers' rise to the world's richest woman did not come without turmoil–most notably a French scandal around a sensational trial involving billions of dollars that led to a publicly turbulent mother-daughter rift.
With her net worth estimated at $94.9 billion, Francoise Bettencourt is the wealthiest woman on earth. Her family owns 33% of L'Oreal stock which reported phenomenal growth over the past decade.
What are the richest suburbs in Australia? The highest-earning suburbs in Australia are Cottesloe and Peppermint Grove in Western Australia, based on the ATO's latest taxation figures. See the full list of postcodes below.
Australia is considered a wealthy nation with a market-based economy that has a comparatively high gross domestic product and per capita income. Its economy is driven by the service sector and the export of commodities. [Explore the top universities in Australia.]
Mining magnate Gina Rinehart is Australia's richest woman with an estimated $36.7 billion fortune. Rinehart came into her wealth after she took over from her father Lang Hancock who founded mineral exploration and extraction company Hancock Prospecting.
Australia's richest citizen, Gina Rinehart built her wealth on iron ore. The daughter of iron-ore explorer Lang Hancock, Rinehart rebuilt her late father's financially distressed company, Hancock Prospecting, becoming executive chairwoman in 1992.
Princess Charlotte has been refered as "the richest kid in the world" due to her status as a member of the British royal family, which is one of the wealthiest and most prominent royal families in the world.
The valuations of Gina Rinehart ($37.41 billion) and Andrew Forrest ($33.29 billion), the richest and second-richest Australians for the fourth year in a row, surged 10 per cent and 8 per cent respectively as listed-market analysts re-rated their outlook for red Pilbara dirt.
Our 2022 Poverty in Australia Snapshot found that there are 3.3 million people (13.4%) living below the poverty line of 50% of median income, including 761,000 children (16.6%). In dollar figures, the poverty line works out to $489 a week for a single adult and $1,027 a week for a couple with 2 children.
