Markets plunged in March last year, but it has been smooth sailing ever since for some of the biggest names in Australian business. Its not all work for the big players on The List: The Richest 250. The liquidity opportunity for the unlisted companys investors comes in the wake of VGWs first regulatory challenge in its prime US market. The Standout Large Employer Award was won by Peregrine Corporation, the operator of the states network of On the Run service stations. Venross operate as a retail and entertainment wholesaler, VR Distribution, selling merchandise including board and card games and collectibles. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 73. One South African-born businessman, Ivan Glasenberg, featured in the 2022 rich list for Australia, while Oppenheimer was joined by retail investor Christo Wiese in the UK rich list for this year. Samuel Smith & Son is a family-owned wine merchant established in 1923, servicing the Australian liquor industry with a portfolio of national and international wines, spirits and premium ales. That should stand them in good stead, and their valuation is only falling in line with other tech firms. Business leaders warn the construction sector could go backwards and the economy wont simply bounce back. Image: The Australian. Rinehart No1 as pizzas also deliver a packet, Economy dire for 12-18 months: pub baron, Property doyen Kevin Seymour parks opinion, Gurner warns of apartments shortage and COVID rental crisis, Rich-list solar farm wins federal support, Up $11bn, Forrest has a profitable pandemic, find out more about our policy and your choices, including how to opt-out here. Sector: Travel and accommodation | Revenue: $207m | Last Years Ranking: 14. *The company has changed its name to Kelsian Group since the original 2021 list was published. This year it became Australias third most valuable privately held tech company, attracting investment from Singapores Temasek and Chinas Tencent. Post jobs and search for local talent on 7NEWS Jobs >>. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: Unranked. Now worth a combined $717m, this duo moved north to start a charitable program after founding one of Australias most successful technology companies. Rinehart, the founder of Pilbara iron ore mine Roy Hill, has her grip firmly on first place with an estimated $34.02 billion fortune, up from $31.06 billion in 2021. WiseTech co-founder Richard White managed an exquisitely timed equity sell-down by offloading a parcel of shares just as they raced to a record $60. Known . Gina Rinehart topped the Richest 250 list overall for 2022, with a massive $32.64 billion in wealth. Cochranes is an express logistics business, servicing South Australia, Mildura and Broken Hill. But how he chooses to spend it is unique. Managing $12bn of assets around the world, Peter Cooper has built a multi-million dollar fortune for himself and his clients. And he has just one simple rule for long-term success. See the new rankings. The veteran Queensland property developer will wait and see what effects COVID-19 might have on the sector. Forget fast cars, super yachts or luxury houses. At #10 another mining magnate Ivan Glasenberg maintains a worth of $9.10 billion. The spectacular success of Gina Rineharts Roy Hill mine has been almost 30 years in the making, with some nailbiting moments along the way | THE LIST: Australias Richest 250. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 78. Camms offer business software with integrated solutions for projects and strategy to help clients manage risk and optimise organisations. Brian Flannery moved from surfing into mining and resort development, and now he even has his own solar train. Billionaire property developer and Richest 250 lister Lang Walker cant handle people using COVID as an excuse.. It covers a total area of 402,903 and has a population of 1,706,500. . If it sounds too good and big to be true, unstoppable property developer Lang Walker knows its the project for him as he loves nothing more than proving the doubters wrong. Sector: Infrastructure and transportation | Revenue: $1.1b | Last Years Ranking: 12. Companies owned in part or whole by government, government agencies and organisations, and registered charities are not eligible. Fyfe is a land, resource and infrastructure development consultancy specialising in engineering, environmental, planning and surveying services for a variety of industries. Farquhar broke the Australian property record in January, when it was revealed he was shelling out $130 million to buy the Sydney harbourside home known as Uig Lodge in Point Piper. The countdown finishes today with the full list, including the top 20 which features some newcomers. See The Lists newest members. Andrew Forrest with a net . Australias biggest names in buy now, pay later, Nick Molnar and Anthony Eisen, managed to pass on the baton of woe to new owner Block, by selling their company in the countrys biggest M&A deal. Silk began with one clinic in South Australia offering a range of cosmetic services, and now has locations across the country. Its a record cut-off point and almost double the $342 million needed to make it only five years ago. The Sydney bar tsar reveals what his plans are for expanding his empire beyond his home turf. The technology revolution has arrived, changing the face of the ranks of Australias wealthiest individuals. It is critical that members of a family trust know what is to happen to trust assets if any of the key people die. Thirty-two years after founding their eponymous label, sisters Nicky and Simone Zimmermann have reaped the rewards of putting Australia on the international fashion map. Nobles provides lifting and rigging equipment, technical services and engineering design. The Australian losers included Melanie Perkins and Mike Cannon-Brookes. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. Daily. This years edition of The List - Australias Richest 250 will show how mining and technology are now the countrys two most successful sectors. See how the race unfolded here. Over the last 30 years, Peregrines operations have grown to include OTR convenience stores, The Bend Motorsport Park, Smokemart Giftbox retail stores and a range of property investments. Sector: Agriculture | Revenue: $100m | Last Years Ranking: 49. The sixth-generation family-owned company has a diverse range of agricultural assets and is one of Australias biggest wool producers. Headed by Richest 250 member Fung Lam, New Aim is an Australian e-commerce success story, which is seeking external capital for the first time to bolster growth. Then it pays to have these two traits that the founders of Canva and Meriton share, the editor of the Richest 250 tells the Money Cafe podcast. Sector: Electrical | Revenue: $46.7m | Last Years Ranking: Unranked. Sector: Engineering | Revenue: Undisclosed | Last Years Ranking: 75. The total wealth held by the nation's richest 100 self-made entrepreneurs aged 40 or under has plunged 27 per cent . Watch the video to see how the average Aussie plans to spend their net worth Sector: Packaging | Revenue: $544m | Last Years Ranking: 36. Yang Huiyan has a net worth of $19 billion. He remains Glencores biggest individual shareholder, with its rising share price accounting for his increased wealth this year. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. If you are applying for South Australian state nomination for a 190 or 491 visa, you will need to see if your occupation is available on South Australia's Skilled Occupation List. Andrew Forrests R.M. Help using this website - Accessibility statement, delivers the list its youngest-ever member. The List: Australia's Richest 250 has this year risen to a total wealth of $520.20 billion, at an average of $2.08 billion for each of the 250 members. Alice Car Centre is an entity of the Peter Kittle Motor Company, which runs a series of automotive dealerships. Dennis Bastas points to his engineering brain and an appetite for discomfort to explain his extraordinary deal-making success. Sector: Information technology and equipment | Revenue: $24.5m | Last Years Ranking: 90. Meet the little-known powerhouse behind Australias burgeoning e-commerce industry. Mossop is a construction and interiors company working on commercial, education, health, hospitality and residential projects. A fully customer-owned bank, bringing together a number financial organisations that provide banking services, community investments, grants and sponsorships. Ruslan Kogan isnt entirely joking when he admits his $1.5bn business is really a data analytics company masquerading as an online retailer. Sector: Mining | Revenue: $1.7b | Last Years Ranking: 3. The secretive Perth trio behind Wright Prospecting got a huge payday as the price of iron ore surged during 2020. Core Lithium Ltd a lithium-focused exploration and mining company. *combined with Cliff ObrechtThe darlings of the technology sector have fallen back to earth somewhat in the past year, with the value of their digital graphics business Canva slashed by investors by about one-third. The Manly offering is part of family succession planning and follows Robert Magids sale of the Harbour Rocks Hotel in Sydney and the Hotel Lindrum in Melbourne. Ever wondered what it costs to run your own superyacht? Strike is an oil and gas exploration company with assets in South Australias Cooper Basin and Western Australias Perth Basin. Australias youngest billionaire is Melbournes 27-year-old crypto gambling magnate Edward Craven, who debuts on The List - Australias Richest 250 with an estimated $2.01bn fortune. Richest Australians 2022. Mannix Electrical Pty Ltd is an electrical contracting business that specialises in air conditioning, home heating and solar. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: 27, Andromeda explores for halloysite, gold and copper deposits. But the tech sector was later sold off and the iron ore price rebounded. The overall wealth of the 10 richest people represents 40 per cent of the record $554.9 billion held by this years Rich Listers. Atlassian shares slumped more than 46 per cent from their peak in October last year but, as at April, they were still trading above where they were a year ago. Codan is an Adelaide-headquartered manufacturer of metal detectors and communications equipment. Get InDaily in your inbox. 51 on the list this year. 6. Shares are poised to edge lower. Peter Freedman on the cover of AFR Magazines 2022 Rich List issue. Badge is a privately-owned construction group delivering commercial projects across Australia from offices in Adelaide, Brisbane, Maroochydore and Perth. Today we reveal the top 20 companies in InDailys South Australian Business Index our annual review of the top private and public companies in the state and the winners of the four awards categories. He is building more in Queensland and Melbourne, and expanding his serviced apartment business as travel increases. The Illawarra offering comes amid a boom in pub transactions across the country, an asset class which has surged in popularity as the nation emerged from two years of rolling pandemic lockdowns. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. *combined with Melanie PerkinsThe darlings of the technology sector have fallen back to earth somewhat in the past year, with the value of their digital graphics business Canva slashed by investors by about one-third. The uninitiated in takeaway food are now using it and dont want to get out of their cars boosting the cornerstone business of the Jack Cowin empire. The total valuation of Australias 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list. GPA Engineering is a multidisciplinary engineering and management firm. Woolworths reports 8pc increase in sales. Pratt this year will open his biggest ever factory, a new paper mill in Kentucky that he says will be 50 per cent bigger than any other he has built. The worlds biggest solar farm backed by Mike Cannon-Brookes and Andrew Forrest wins major project status from the Morrison government. The total wealth on the 2022 list hit a combined $520.20 billion, a 10 per cent increase on the previous year's haul, with the average wealth sitting at $2.08 billion. Uniti Wireless is a broadband internet provider, servicing homes and businesses across Australia. Pratt owns Pratt Industries in the US and shares ownership of Visy in Australia with sisters Fiona Geminder and Heloise Pratt. List of richest countries in the world 2022: Top 10 richest countries in the world at a glance. For those thinking getting rich is a pathway to early retirement, think again. Established in 1946, Argo is South Australias leading listed investment company. Sector: Printing | Revenue: Undisclosed | Last Years Ranking: 82. Business was different in those days, he says. The value of the tokens has plunged, and Warwicks wealth slides to about $470 million. Imelda Roche, one of 19 billionaires on the 2023 Financial Review Rich Women List, was at the vanguard of getting women into the workforce. You have been working in your nominated occupation, or a related occupation, for the last 3 months in Greater Adelaide, or 3 months in regional South Australia. Leader Computers Pty Ltd is a manufacturer and distributor of information communications technology products. Sector: Biotechnology | Revenue: Not meaningful | Last Years Ranking: 63. He collects hundreds of millions in royalties from CITIC annually, a situation that has often been the subject of legal action. Established in 1984 when Fred Shahin purchased a small BP service station in Woodville Park, Peregrine is now the largest private company in SA with revenues approaching $3 billion in 2020-21. The company has maintained the rage over the Labor governments industrial relations changes while handing down a huge return for billionaire Gina Rinehart. They may be worlds apart in age and style, but Harry Triguboff and Tim Gurner agree property is the only game in town. Ian Malouf, Australias richest garbo, has traded bins for fancy boats, but even he with his billion-dollar personal fortune has suffered bill shock at the expense of living afloat. Glasenberg was listed last year as a defendant in a class action-style lawsuit brought against Glencore in Londons High Court promoted by the companys conviction for bribery across several African countries when Glasenberg was in charge. Sector: Food and beverage | Revenue: Undisclosed | Last Years Ranking: 23, Drakes Supermarkets is the largest independent grocery retailer in Australia, Sector: Food and beverage | Revenue: $280m | Last Years Ranking: 22. Duxton Broadacre Farms offers investors a diversified portfolio of Australian farms. He has built the biggest philanthropic foundation, Minderoo, among Australian billionaires, as well as a $5 billion investment business, Tattarang, that owns RM Williams, property and cattle interests. Debutantes on The List are tech gurus, healthcare experts and some veterans of business whove made big money during the pandemic. Meet the 250 mining magnates, property kings, retail queens, manufacturing giants and technology titans in the countrys most extensive annual survey of wealth. Hillgrove Resources Limited is an Australian mining and resources company primarily focused on the development of the Kanmantoo Copper mine. Rich lister Shaun Bonett is best known for his property holdings, but another venture thats cashing in on the online shopping boom may well be his gift that keeps on giving. The billionaire Fortescue chairman will pour big sums into his Minderoo Foundation after another big payday. That shows just how successful Farquhar has been as a technology entrepreneur alongside friend and business partner Mike Cannon-Brookes at software firm Atlassian. With at least 80 of the hotels he jointly owns shut in Victoria, Bruce Mathieson says its the worst times hes seen. Based in Virginia, Zerella is a major Australian supplier of potatoes, carrots and onions. With an estimated net worth of $23.8 billion, Australian mining magnate Gina Rinehart is the wealthiest person in Australia, that's according to CEOWORLD magazine's Australia Rich List Index For 2021. Young Rich List wealth takes $11b hit after tech plunge. Developer Lang Walker has taken the challenges of the pandemic in his stride and is banking on a big return to the office with his latest Sydney project. Sector: Energy | Revenue: Not meaningful | Last Years Ranking: 21. A unique collection of NFTs celebrates their success. But he once tried to join the Army, which would have meant Australias biggest tech company may not have been born | THE LIST: Our richest 250. Bitcoin retreats. Sector: Professional services | Revenue: $300m | Last Years Ranking: 34. Visy paid $733m for Australias biggest beer bottle maker and will spend $500m more to make lighter, cheaper bottles. The tech downturn could put plans for Canva to go public, probably in the US, on the backburner for now. But who did the best? 10. Some of the states richest residents have seen their net worth plummet as varying forces wreck havoc on their bottom line. Sector: Food and beverage | Revenue: $336m | Last Years Ranking: 26. Sector: Mining | Revenue: Not meaningful | Last Years Ranking: Unranked. Sector: Information technology and equipment | Revenue: Undisclosed | Last Years Ranking: 10. LH Perry & Sons is a family-owned fuel distribution company, founded in 1949. Adbri is a construction materials and lime producer, established in 1882, with approximately 1400 employees and operations in every state and territory in Australia. It has been another big year for Rinehart, who maintains her number-one position on the Richest 250. Yasser Shahin and Dr Sam Shahin. Chris Ellisons Mineral Resources is talking up its takeover bid for Norwest Energy as Gina Rinehart continues to slug it out with Strike Energy in the battle for Warrego. Renascor Resources explore, develop and evaluate mineral properties in Australia. The Financial Review Rich List 2022 has compiled Australia's top 10 richest people, and their influence spreads far and wide. America still leads the world, with 735 billionaires worth a collective $4.7 trillion, including Elon Musk, who tops the World's Billionaires list for the first time. Maggie Beer Holdings represent four brands of gifting, food and beverage products using Australian ingredients and materials that support local dairy farmers, fruit and vegetable growers. Parafield Airport is South Australias premier general aviation airport and is a major world-standard international training airport. Travel is back and so is the Flight Centre share price which, combined with the Spicers Retreats business owned with wife Judy, lifts the couples wealth to $629 million as they sneak into 200th place after a two-year hiatus. Included in The List are 131 billionaires, 29 newcomers, and 30 women. Online gift card billionaire and commercial property magnate Shaun Bonett says there are very few people who invent things. She makes choices, The artisans turning Australian flora into luxe textiles, Why this CEO would like to play golf with Richard Branson, Its been like a dream: Dancer returns to the stage after two decades, Winners emerge from building sector collapses. He also donated more than anyone else on the list, giving more than $109.6 million. Victoria comes in a close second with 71, then Queensland, 32, Western Australia, 21, South Australia, 5, Northern Territory, 2, and Tasmania and the ACT both have 1 each. Hancock Prospectings flagship Roy Hill mine delivers a $3.3 billion dividend despite weaker iron ore prices. Flight Centre boss Graham Turner is optimistic about the recovery of the wider publics travel habits even if he believes it will take some time to get back to pre-Covid levels. The Richest People In South Australia, AU Below are the richest people in South Australia, AU. Arrowcrest is the parent company of automotive and farming machinery companies ROH Wheels, John Shearer, Unicast, Tristar, NonFerral, Kockums Industries and Brownbuilt. It is still one of the biggest profits for a private Australian company in recent memory, and shows how successful Rinehart has been with the huge Roy Hill mine that she had to negotiate a complex $US7.2 billion debt package to start a decade ago. While the last year brought money woes for many Australians, wealth surged for others, as the list welcomed a record 29 new names to the list. A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. South Australia's top 100 companies: The full list for 2021 - InDaily Today we reveal the top 20 companies in InDaily's South Australian Business Index - our annual review of the top private and public companies in the state - and the winners of the four awards categories. The Meriton managing director has featured prominently on the list of Australia's wealthiest people for years and in 2022, he's made it back. A new Polestar outlet in a Melbourne shopping centre generated the most foot traffic among the groups similar 100-plus outlets around the world in January. The List Australias Richest 250 are worth a collective $532bn, The lowdown on the high flyers The List: Richest 250, Peter Cooper: the investor who looked inward, NSW rich list: Shake-up as billionaires fortunes take big hit, Crypto casino king joins Victorias top billionaires, Horse trainer-turned cattle baron leads NT richlist, When colossus Triguboff met precocious Gurner, Winners and losers of this years Richest 250, Ive never done a bad deal: Pharma king Bastas, Sheer scale of money flowing into Palmers coffers revealed, Why travels two-year blip is going to last four years, High stakes: The 10 billionaires to watch, Losing $200m no drama for Dicker Data founder, $100m aim for retails best kept secret, Richest 250 update: $40bn lost in six months, The $1bn ship that saved Christmas for Moose Toys, Newcomers: The 29 wealthy debutants making their mark, One service station was never going to be enough, Tech guru Richard Whites plan to give back, How snowmobile approach made Bonett a billionaire, How dark moments gave birth to vast Canva fortune, Gina Rinehart tops The List as NFT revolution takes off. Hes setting up a new technology education foundation to get the ball rolling. Though he turned 90 in early March, he shows little signs of slowing down. But they dont hold back when they are asked about their tips for staying fit. The wealthy can be highly secretive. Help using this website - Accessibility statement, Cost is the enemy: Brett Blundys road to Best & Less, Why Tania Austin wouldnt retire, even after pocketing $50m, Clive Palmer launches $300b claim against Australia, Rich Lister property developer dead at 47, Rich Lister among Tribe Brewing creditors owed $61m, Clive Palmer: I paid $19.5m Medicare levy for no bed, Virtual Gaming Worlds launches $251m buyback, no sign of IPO, Billionaire Bruce Gordon taps pub boom with Scarborough offering, This billionaire says the key to selling products is simple, Blackmores boss says the smart shopper is on the rise, Happy Feet creator dances on to Rich List after Netflix deal, How to avoid a Rinehart-style family trust dispute, The electric-vehicle retail strategy thats proving a winner, James Packer, Lloyd Williams lead tributes to David Hains, Ellison says MinRes takeover offer for Norwest is no brainer, Resources boom is great for Rinehart (and one high-school dropout), How to lose $2.1 trillion in a year: 12 bad months for billionaires, Rinehart loses latest round in royalties fight, Rineharts Hancock Prospecting records $5.8b profit, Rinehart reaps $2.3b dividend from Roy Hill, Rineharts Atlas Iron keeps up IR attack as it delivers $225m dividend, Rinehart warns of heat or eat choices as energy costs surge, McGowan taps mining giants for $1b community fund, Back to the drawing board for Macquarie (and Chanticleer), Young Rich List wealth takes $11b hit after tech plunge, Delivering connected digital government services, Why Amazon can afford to jack up Prime prices by 40pc.