Rich List/anthony Pratt

<html><body>
Anthony Pratt, the packaging and recycling tycoon, remains Australia's richest person.
He topped the 2018 Rich List, but not by much with Harry Triguboff in second place.
Billionaire Anthony Pratt is the richest person in Australia, topping the 2018 Financial Review Rich List with record personal wealth of $12.9 billion. It was up from $12.59 billion.
Pratt heads his family's dominant Visy cardboard box manufacturing and recycling business.
The Sydney high-rise apartment king Harry Triguboff's wealth was at a record personal level of $12.77 billion.
Triguboff's fortune rose from $1.34 billion last year, but he is still just behind Pratt in second place.
Third on the 2018 Rich List was mining magnate Gina Rinehart.
There are a record 76 billionaires on the list, up from 60 a year ago.
While narrowly missing out on billionaire status, <a href="https://www.urban.com.au/news/84085-justin-hemmes-on-2018-rich-list-but-not-among-the-property-billionaires" target="_blank">hotelier Justin Hemmes</a> joins the biggest group of Rich Listers, property magnates, who account for 51 of the 200 names.
The late Kerry Packer topped the ranks of the then BRW Rich 200 for 15 consecutive years, from 1990 until his death in 2005.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Harry Triguboff comes in a close second on property dominant 2018 AFR Rich List

<html><body>
There are 60 billionaires on the 2017 Financial Review Rich List - the most ever there has been in the 34-year history of the list.
There were 53 last year.
Not unexpectedly, property remains the dominant sector on this year’s list, with 58 rich listers making most of their money in the property sector. (see list at bottom below)
Harry Triguboff comes in second overall with a boost in fortune to $11.4 billion.
The top property five included Frank Lowy, John Gandel, Hui Wang Mau and Lang Walker. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/26/Property.jpg" alt="">
The least known is Hong-Kong based Hui Wang Mau, who holds most of his wealth in the Hong Kong-listed Shimao Property Group which owns <a href="https://www.urban.com.au/expert-insights/investing/38016-singaporeans-sell-hyde-park-sydney-office-to-hui-wing-mau-s-shimao-property" target="_blank">175 Liverpool Street in Sydney</a>.
He is included as he has Australian citizenship after studying for an MBA at the University of South Australia in the early 1990s. His fortune is $6 billion.
The much-awaited BRW Rich List is out on news stands on Friday, but the top of the top richest in Australia have been announced. 
<a href="https://www.urban.com.au/news/70734-packaging-magnate-anthony-pratt-displaces-harry-triguboff-for-top-spot-on-brw-rich-list" target="_blank">Anthony Pratt</a>, the packaging and recycling tycoon, tops the Financial Review Rich List with $12.60 billion in wealth, swapping places with apartment developer Harry Triguboff.
Anthony Pratt’s Visy cardboard box manufacturing and recycling business dominates Australia, but his rising wealth is mainly due to the huge growth of Pratt Industries in the United States.
He was last #1 on the list of Australia’s 200 wealthiest people in 2009, just months after his father Richard Pratt died. He has since more than doubled the size of the Visy and Pratt Industries businesses in Australia and the US.
Last year’s no. 1 and Australia’s top apartment builder Harry Triguboff is #2 on the list with wealth of $11.45 billion. In spite of losing the top spot, Triguboff’s wealth is a record figure.
Mining tycoon Gina Rinehart is #3 with a wealth of $10.41 billion, up from $6.06 billion last year as commodity prices rise and iron ore production improves.
Her estranged daughter Bianca Rinehart, who controls 23 per cent of Hancock Prospecting, is also among the billionaire ranks (#15, $2.74 billion).
The Rineharts are two of 22 women making appearances on the 2017 Rich List, with 10 of them hitting the billionaire mark. The Rineharts, whose combined wealth equals $13.15 billion, are the top two women on the list and the richest people in their respective states (Perth and Brisbane).
Westfield chairman Frank Lowy is #4 on the list with $8.26 billion in wealth, followed by Glencore boss Ivan Glasenberg at #5 with $6.85 billion.
Glasenberg’s wealth rose from $3.33 billion a year ago as the commodity trading giant’s share price surges following a tough few years.
The list’s highest ranked debutant is Tim Roberts, son of the late Multiplex founder John Roberts. Tim Roberts, aged 46, debuts at #62 with wealth of $986 million. He operates the Perth Jet Centre and hedge fund manager Warburton Group.
Actress Nicole Kidman is the highest entertainer of this year’s Rich List at 97, with wealth of $347 million.
Long-time rich lister and owner of Canberra airport, <a href="https://www.urban.com.au/expert-insights/investing/70686-terry-snow-is-australia-s-newest-billionaire" target="_blank">Terry Snow</a>, is the newest billionaire.
Melbourne property developer, <a href="https://www.urban.com.au/news/70837-melbourne-property-developer-larry-kestelman-the-second-highest-debutant-on-rich-list" target="_blank">Larry Kestelman</a>, is ranked the second highest debutant on the list.
<a href="https://www.propertyobserver.com.au/images/2017/05/25/OverallTop5.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/05/25/OverallTop5.png" alt="">
The combined wealth of the top 5 male Rich Listers more than doubles the combined wealth of the top 5 female Rich Listers, totalling $46 billion compared with $18.37 billion.
Many on the list that have made money in other industries have poured their proceeds into property development or management businesses.
Property is followed by investment (21), resources (18), retail (18) and financial services (16), with agriculture, manufacturing, technology, media, healthcare, entertainment, travel, transport, telecommunications and education also featuring in the list.
Property is followed by investment (21), resources (18), retail (18) and financial services (16), with agriculture, manufacturing, technology, media, healthcare, entertainment, travel, transport, telecommunications and education also featuring in the list.
Other highlights:
<ul>
<li>This year is the first in the 34-year history of the Rich List that three names are above the $10 billion mark.</li>
<li>Total wealth of the Rich List is up to $233.1 billion, from $197.3 billion last year.</li>
<li>The average wealth per person on the Rich List rises to a record $1.16 billion, up from $987 million last year.</li>
<li>There are 22 women on the 2017 Financial Review Rich List.</li>
<li>The combined wealth of the top 5 men on the list is more than double that of the top 5 women.</li>
<li>There are 8 female billionaires.</li>
<li>There are 10 new names on the list this year.</li>
<li>Departures from the Rich List include the late James Fairfax and Michael Crouch.</li>
</ul>
</body></html>

jonathanchancellor-7SQnKwU6yx

Property tycoons dominate Financial Review Rich List with record-breaking Australian wealth

<html><body>
Packaging and recycling tycoon Anthony Pratt has displaced Harry Triguboff as Australia’s wealthiest person, topping the Financial Review Rich List with $12.60 billion in wealth.
This is the highest wealth value Pratt has ever had. His Visy cardboard box manufacturing and recycling business dominates Australia, but his rising wealth is mainly due to the huge growth of Pratt Industries in the United States, according to a media release.
Pratt was #2 on the Rich List in 2016 behind Triguboff, Australia’s largest apartment developer.
Triguboff, the owner and head of property developer Meriton Group, topped the BRW Rich 200 list for the <a href="https://www.urban.com.au/news/54064-meriton-chief-harry-triguboff-tops-brw-rich-list-for-the-first-time" target="_blank">first time in 2016</a> after having appeared in all 33 editions in its history.
He displaced mining tycoon Gina Rinehart from a year earlier.
Triguboff’s fortune was listed at $10.62 billion in last year’s list - and at over $11 billion reputedly this year. 
The full 2017 Rich List, which puts out the country's wealthiest 200 individuals, comes out on Friday when Property Observer will publish Harry Triguboff's latest estimated fortune.
Pratt was last #1 on the list of Australia’s 200 wealthiest people in 2009, months after his father Richard Pratt died.
Pratt, who is executive chairman of Pratt Industries and the cardboard box and recycling giant Visy in Australia, took over the US business in 1991.
The business has grown rapidly in the past decade, helped by a surge in sales of recycled cardboard boxes and contracts with American corporate giants such as Amazon and Home Depot, which sells 1 million Pratt-made packing and storage boxes each week.  The business now employs 7,000 people.
Pratt now spends more time in Australia, where his sisters Heloise Pratt and Fiona Geminder also have an ownership stake in Visy.
</body></html>

Rich List/anthony Pratt

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Rich List/anthony Pratt

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News