Brian Flannery (resources) $991 million, 7. 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. Your email address will not be published. Reg Rowe is Queensland's fifth wealthiest person. Boosted by a 75 per cent lift in the value of their Super Retail Group shares, Mr and Mrs Rowe's net worth increased by $429 million. TOP 10 (worth a collective $26.98 billion) 1&2. Teys family. Noel and Liz Cook. The combined net worth of the top 100 on the list still trails the pre-Global Financial Crisis level at $35.4 billion - $1.8 billion below the 2008 total. 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. John Van Lieshout (property) $1.25 billion, 5. Neil Statham, while owning and operating Sundown Pastoral Co, a major integrated supermarket beef supply chain in NSW, is also heavily exposed to the cotton industry, and made most of his fortune in other industries. Save my name, email, and website in this browser for the next time I comment. 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. 71. Sport Liquidators have been appointed to troubled Brisbane builder PlanBuild leaving 40 homes unfinished including one customer "left with a pile of . Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. Mr Palmer disputed the figure. Despite the relatively poor result, the beef industry remained remarkably well represented on the list. 1. Given whats happened this year with high international beef demand and low cattle pricing due to drought-forced oversupply, it was little surprise that the two entries from the beef processing sector showed strong financial rises, going against the production sector trend: Trevor Lees Australian Country Choice processing business, which services the needs of Coles Supermarkets under an exclusive supply deal, was reported to have had a $20 million rise in net worth to $580m. 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. Kerr Neilson, Platinum Asset Management, $1,346.2 million, 2. Philanthropic donations and other gifts have reduced their net worth below this years minimum for inclusion. "Overall most of them are getting richer for sure, it's been a property boom everywhere, mining's done pretty well," he said. Peter Bond, Self: Secret Millionaire. Another new addition to the list this year, not because his asset value increased, but because he was previously overlooked for inclusion. The Daniels family at Cloncurry is a new entrant to the list this year, not because their asset value has grown dramatically recently, but because they were previously overlooked. GALLERY: Superyachts of the Rich List. All times AEST (GMT +10). Ill be lying in a box one day. Reg Rowe is Queensland's fifth wealthiest person.Credit:Glenn Hunt. 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. Attention has been drawn to the fact the company is based in Norfolk Island. Western Grazing remains one of Queenslands top 10 cattle producers, with eight properties running a Brahman herd of +160,000 cattle. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. Register, Join the conversation, you are commenting as Logout. As they were born and raised in Scotland, they also feature in The Sunday Times list of the UKs richest couples, where they rank above the soccer star and his ex-Spice Girls wife; the chef and the Hollywood glamour couple. SEE THE FULL LIST. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. Peter Camm. close. From Cairns to Port Maquarie, we built all our own stores, but I only built when I could afford it. 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. 43. Thats the reason you keep going because you always feel that you have to keep going, says Mr Van Lieshout who, even at the age of 68 with a $1.38 billion fortune, admits he would feel guilty sitting at home in retirement. The fastest fortune was made by another person from the travel sector. 1 spot on The Sunday Mail Queensland's Top 150 Rich List for the first time since 2008. Udo Jattke, aged 48, who owns builder Glenwood Homes and is valued at $300 million. The Sunday Mail Queensland's Top 50 Rich List reveals the 59-year-old walking headline is still the state's wealthiest person with $1.98 billion. Clive Palmer overtakes property baron Bob Ell to take top spot on Gold Coast rich list. Retail trading became a lot tougher soon afterwards, he says. Cotton interests insulated his beef exposure, but his asset value of $336m is still estimated to have fallen $46m compared to last year. 4. Were sorry, this feature is currently unavailable. Your email address will not be published. Cairns based George Chapman made most of his money in tourism and property, but still owns large cattle assets in far north Queensland. According to Forbes, Lieshout sold the Super Amart chain in 2006 but maintained freehold to some stores. 35. He is now a director of renewable energy company Infinite Power[1] and ranked among the most influential business executives in Australia in Who's Who Business. This list is incomplete, as not all companies . Queensland's Top 10 richest businessmen 2008, 3. From business tycoons, heirs to family fortunes, tech gurus, actors, rappers, and online celebrities, the rich and famous enjoy lavish lives: 5th Avenue spending sprees, private jets, oceanside mansions, and extravagant jewelry. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. Jon Condon, 16/09/2014. Following a similar trend was David and Judy Camm and family, who slipped eight places this year to 79, with assets valued at $161 million, a $5m reduction, according to the Sunday Mail. Former Rural Press director Tim Fairfax is a good example. Prescribed an asset value of $115m. Goondiwindis Susan Marchant, daughter of the late Ross Marchant, is primarily an irrigated cotton farmer, but also holds substantial cattle interests. Two other entries, Simon & David Hall (position 93, $137m) and McLean family (position 95, $134m) hold beef assets including a stake in Legune Station, on the NT/WA border, beef feedlots and feed mills, as part of their broader exposure to pork and egg production through Sunny Queen Farms, which produces half of Australias egg requirements. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Peter and Jane Hughes and sons run more than 150,000 cattle on 2.24 million ha in Qld and the NT. Pam Deamer. [17], "Infinite Power Company Limited, Company number 11325982", "Enough drive to shape Australia's future", "Linc Energy CEO and Dunk Island owner Peter Bond challenges tourism officials to sell the Sunshine State better", "Abramovich's Investment Vehicle Scores Clean Energy Deal", "Queensland islands take a big hit from Cyclone Debbie", "Clive Palmer snaps up Peter Bond's Brisbane trophy home for a bargain price", "TV bid by giving mining magnate Peter Bond", https://en.wikipedia.org/w/index.php?title=Peter_Bond&oldid=1132072293, This page was last edited on 7 January 2023, at 03:37. Meet one of Queenslands richest couples. 95. 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. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. 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. [15] 1 BILLIONAIRE turned politician Clive Palmer has relinquished the No. 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. The Richest People In Queensland, AU. James Packer Crown/Consolidated Media Holdings, $1,307.8 million, 3. Queensland's five richest people revealed. [10], After Linc Energy entered voluntary administration in 2016, following a court case which was later dropped,[11] Bond put his energy into the restoration of Dunk Island,[12] before starting renewable energy business, Infinite Power.[13]. Mark Rowsthorn, Toll Holdings/Asciano, $339.6 million, 7. Laglans listing position rose from 94 to 88 this year, as a result. [3] Bond debuted on the Australian BRW rich list in 2008 with a net worth of $352,000,000,[4] made it to number 21 on the Sunday Mail Queensland Top 150 Rich List[5] and peaked as the 10th richest business person in Australia, with a net worth of $572,000,000. Apparently on the basis of the 35-40pc premiums evident in the market for organic cattle, the business was prescribed a $1m rise in value last year, to $59m. 29. He arrived in Australia after his parents defected from East Germany. 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. 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. Last night they told News Corp Australia this amount was "significantly overstated and we didn't seek to correct at the time". 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. While he has made most of his money via construction/mining services, Curtain Brothers also holds significant cattle production assets in North Queensland. BILLIONAIRE turned politician Clive Palmer has relinquished the No. Others with solid beef connections included Noel and Liz Cook (position 148, $65m) who are predominantly grain growers, despite their sizeable beef investment; the Cameron family from Goondiwindi (position 136, $82m) whose primary interests are a shareholding in Sunpork, plus sheep, beef and wheat production; and Andrea McCosker, also from Goondiwindi (position 114, $108m), whose primary interest is cotton. A Queensland Skilled Occupation List (QSOL) for offshore applicants is available here. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 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. The only family among this group to enjoy an increase in wealth this year are poultry farmers, the Baiada family.Rejoining the Rich Families after an absence of at least one year are the White, Chan, Pellicano, Farrell, Young, Schwartz and Mitchell families.The Youngs provide the list with its most . QUEENSLAND'S richest person has retained the top spot despite his wealth more than halving. [2], Bond was raised in Camden, New South Wales. The family lifted from position 40 last year to 35 in 2014, with estimated net worth of $320 million, a $38m rise. John Van Lieshout . Register, Join the conversation, you are commenting as Logout. We just about lost everything there. An important qualifier is that the individuals had to be domiciled in Queensland. Queenslands Teys family, which controls a 50pc stake in the Teys Australia Cargill joint venture, also moved strongly upwards this year in rankings. SmartCompany is the leading online publication in Australia for free news, information and resources catering to Australias entrepreneurs, small and medium business owners and business managers. Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. Factors such as the live export ban and drought have made life tough for cattle farmers, the Sunday Mail said. Former Beef Australia chairman Geoff Murphys primary business is in construction, but he holds quality assets in Central Queensland grazing operations. 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. He sold the company to a private equity firm in 2006 but kept ownership of the freehold stores. 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. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. Forbes reported he has developed more than $3 billion-worth of property. The Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. Nationwide News Pty Ltd 2023. 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