The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. HEALTH HORROR: Hospital where bungles have claimed 18 lives, FIT FOR A QUEEN: Pollies $23,000 gift tops registerCHEMICAL EXPLOSION: Truckies forced to take long way round, CHEMICAL EXPLOSION: Truckies forced to take long way round. Of the nine beef industry inclusions in this years list who have appeared in previous years (allowing comparisons to be made), seven of them recorded a significant depreciation in their asset value over the past 12 months. You want security. Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person.Credit:Ben Rushton. Its kind of a self-judgment.. Brother of Alister McClymont (85), the pair operate independently. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. Based on her moving another step closer to floating Canva, we tentatively estimate Ms Perkins is now worth about $440 million. Kevin Maloney, MAC Services Group $220.7 million, 3. Alister & Joanne McClymont from Richmond in northwest Queensland filled position 101 in this years list, dropping 16 places. Primary income from sale of the familys quarrying business, is part way through a large cattle grazing development and aggregation project in the Gympie district of southeast Queensland. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. The Cloncurry-based McDonald family, which suffered its own tragedy last year with the loss of Zanda McDonald in a property accident, was next, with assets said to be worth $375 million, unchanged from last year. Apparently on the basis of the 35-40pc premiums evident in the market for organic cattle, the business was allocated a $1m rise in asset value this year by the Sunday Mails researchers, to $59m. [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. Pam Deamer. Heres why, How the super rich will be making money in 2008, How hedging can make you more persuasive and benefit your business, My biggest mistake: Spiro Rokos, co-founder and CTO of Slyp, The ATO has updated its guidance on business valuations. BILLIONAIRE turned politician Clive Palmer has relinquished the No. Join the conversation, you are commenting as. The Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. 41. 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 . He says the career transition has been made possible by surrounding himself with a small team of wonderful professionals. We just about lost everything there. Nationwide News Pty Ltd 2023. The second annual Queensland rich list in the Sunday Mail newspaper has unearthed a surprising batch of hot new entrepreneurs in the mining, property and financial services sectors. Please try again later. [2], Bond was raised in Camden, New South Wales. Phil Green, Babcock & Brown, $157.1 million, 10. [8] The company a signed memorandum of agreement with BP for its jet fuel and was heralding the ability to produce 250,000 litres of jet fuel a year. Runs 50,000 head of cattle across five North Qld properties, totalling 500,000ha. We went through the floods in 1974. We came close a few times to going bust (in the early days) but we always managed to get out of that. Thats been compounded more recently by market access restrictions imposed by Indonesia as part of its self-sufficiency drive. Scroll on to find out who the 10 richest self-made Australians under 40 are for 2021, according to the AFR's 2021 Young Rich List. Richest Australians 2022. close. former owner-manager of one of the top performing branches of the Bank of Queensland who went on $10 million buying spree racking up luxury real estate, . Tony and Christina Quinn? Father-and-son development team Graeme and Shaun Juniper, whose iconic Surfers Paradise beachfront "Soul" tower was placed into receivership, had an even bigger fall. Its been a very mixed year on the land, with many beef barons moving or reducing their herds and reorganising their operations to deal with drought conditions, the Sunday Mails project editors said. In an exclusive interview in today's magazine, son Liam, 31, talks about his budding career as a race driver and his aim to become a next-generation mining entrepreneur. Laglan Pastoral Co sells close to 40,000 cattle each year. Brothers Graeme (pictured left) and Evan Acton and families run about 150,000 cattle across Central and Northwestern Queensland. Ive got a catamaran. The sale of concrete plants and quarries has enabled them to invest in developing innovative building products, with a $213 million increase taking their total wealth to $826 million. The Cooks also run a substantial secondary cattle business on their eight farming properties totalling 65,000ha, from their Goondiwindi home base. The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. Angus Pastoral Co owns 162,000ha of grazing land in Central and North Qld, running about 35,000 cattle and a feedlot. Mr Palmer disputed the figure. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. Sport Liquidators have been appointed to troubled Brisbane builder PlanBuild leaving 40 homes unfinished including one customer "left with a pile of . The estimated net wealth of the Gold Coast couple climbed $62 million to hit $438 million and put them at No.22 on the list. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy and creator of the world's first synthetic crude oil. Malcolm Halstead, Platinum Asset Management, $95.4 million, 6. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. Very nice for some. All Rights Reserved, Brisbane hospitality HR manager could be referred to police as Fair Work tosses out pay deal, Three Australian startups that have already raised millions this year, ChatGPT is being used by so many people its servers are struggling to keep up, News Corp aims to think more like a startup, Five factors to consider when pricing products or services, Despite Brambles market domination, the pallet industry is ripe for disruption. He now owns a large property portfolio and property development company Unison Projects, with industrial and commercial properties and projects including shopping centres, homes and offices. Others would argue that such a conclusion was generous, given the drought and the broader Queensland cattle property value trend. SNEAK PEEK: Inside the homes of our richest. 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. An important qualifier is that the individuals had to be domiciled in Queensland. 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. That's the case with many of Queensland's richest relationships including Linda van Lieshout who, with husband John, built the Super A-Mart furniture chain from one store before selling to focus on property investment, and Suman Mohan who came to Australia with husband Jiwan as almost penniless migrants in 1976 and now own a $1billion-a . 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. Attention has been drawn to the fact the company is based in Norfolk Island. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. SEE THE FULL LIST DARYL PASSMORE 5 min read September 13, 2014 - 10:00PM QLD Business Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. The Sunday Mail suggests the business is worth $120m, down $13m on last year. Heather Killen, aged 49, who is valued at $90 million. Queensland Skilled Occupation Lists (QSOL) Migration Queensland will be selecting occupations on The Department of Home Affairs relevant list of eligible skilled occupations (LIN 19/051) for onshore applicants in Queensland. Michael Douglas and Catherine Zeta-Jones? Joining them in the ranks of biggest risers are Flight Centre founder Graham Turner and his wife Jude, who added $330 million (83 per cent) to their coffers through a soaring share price. Josie is the daughter of David Camm and niece of Peter. And that means the departure of several high-profile business people, including Crocodile Hunter Steve Irwin's widow Terri, owner of Australia Zoo. We opened one store in Virginia and someone in competition put bullet holes in our windows one night.. 52. The personal fortunes of John Van Lieshout, Bob Ell, Con Makris and Reg Rowe, come from a base of property. Given an asset value of $119m. Gianfranco Tomasi, Southern Cross Electrical Engineering, $85.9 million, 8. The Financial Review Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 27 May 2021.. that youve made it.. A resurgence in the property market after several post-GFC years in the doldrums has made developers and investors the big winners this year. The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. Anthony Scali Nick Scali $66.8 million, Australia's 10 biggest falls in share market value 2007 to 2008, 1. Reg Rowe is Queensland's fifth wealthiest person.Credit:Glenn Hunt. DROUGHT and reduced industry profitability took a toll on beef industry stakeholders included in an annual "Queensland's 150 Richest" list published on the weekend by Brisbane's Sunday Mail newspaper. Danny Wallis, DWS Advanced Business Solutions, $90.2 million, 7. Philanthropic donations and other gifts have reduced their net worth below this years minimum for inclusion. I couldnt give a s--- mate, he says with characteristic bluntness. But some people are concerned about the ethics of using it. Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. You can drive a hard bargain. [3], As a metallurgist, Bond always had an interest in mining technology and renewable energy, and in 2005 he took over Linc Energy,[6] signing a memorandum with Syntroleum granting a licence to use the company's proprietary gas-to-liquid technology. Jamie and Jools Oliver? We were super-competitive, he says. GALLERY: Superyachts of the Rich List. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. 121. 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. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. As a result, every single beef producer on the list (with the exception of three new entries, where no comparisons were possible) had a lower ranking this year than in 2012. The average net worth of those on the list is $260.5 million down from $264.4 million last year. As a result the Actons fell from 18th position on the list last year year to 24th in 2013. He sold the company to a private equity firm in 2006 but kept ownership of the freehold stores. Bond debuted on the Australian BRW rich list in 2008 with a net worth of $352,000,000, made it to number 21 on the Sunday Mail Queensland Top 150 Rich List and peaked as the 10th richest business person in Australia, with a net worth of $572,000,000. Beef industry stakeholders (from production through to processing) numbered 15, exceeded only by wealth created from the property market (38 entrants) and retail/wholesale (17 entrants). Factors such as the live export ban and drought have made life tough for cattle farmers, the Sunday Mail said. Queenslands Teys family, which controls a 50pc stake in the Teys Australia Cargill joint venture, also moved strongly upwards this year in rankings. He is listed this year at number 27, with a net worth of $383m. Bonds appearance and $300,000 donation were widely praised as being among the most generous of the series. 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. The Palmer United Party chiefs estimated wealth has been halved, dropping by $1.04 billion to $932 million. . 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. Asset value: $375m, $40m fall on last year. Queensland's Top 10 richest businessmen 2008, 3. Someones got to have a goal.. [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]. 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. That was David and Nell Brook, part of the Organic Beef Exports supply chain out of Queenslands far western Channel Country. Former Rural Press director Tim Fairfax is a good example. All times AEDT (GMT +11). But Australia's first lady Therese Rein - wife of Prime Minister Kevin Rudd - slides 53 spots down our list with a $102 million drop in wealth, the result of upfront costs from a big international expansion by her Ingeus employment services group. The founder of SuperCheap Auto is now a non-executive director of the Super Retail Group. But someones got to have a vision. Weve had floods, weve had fires, weve been shot at. QUEENSLAND'S TOP 50 RICH LIST Pick up a copy of today's print edition of The Sunday Mail for the full QUEENSLAND TOP 150 RICH LIST in a 32-page magazine. The Quinns saved the iconic Darrell Lea chocolates from administration two years ago. The subsequent decline in prices for store and slaughter cattle as a result of heavy turnoff, live export-type cattle being moved south, the high value of the A$ and subdued international demand. 94. Three resources barons - Mr Palmer, QCoal owner Chris Wallin and Sam Chong, a partner in two Bowen Basin coal mines - shed nearly $3.5 billion from their combined fortunes as world prices fell. That cancelled out an impressive rise of nearly 11 per cent in the fortunes of others on the list, with some adding hundreds of millions of dollars to their bank balances. Terry Elmore Peabody (services) $1.3 billion. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Dominic Powell. Find out more about our policy and your choices, including how to opt-out. Your comment will not appear until it has been moderated. The family also has extensive grazing and feedlot interests. The fastest fortune was made by another person from the travel sector. I think you will find that people that end up being successful to that extent often come from poor backgrounds. 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. Melanie Perkins and Cliff Obrecht, 34 & 35, $16.5 billion (up from $3.43b) - Canva 3. Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam, Revealed: The richlisters who own Qlds 22 most-prized island jewels, Federal Courts tough justice leaves investors in dark. This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. He arrived in Australia after his parents defected from East Germany. 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. The list notes that the Camms are taking the opportunity to test the property market this year, offering their Natal Downs 90,000ha aggregation south of Charters Towers for sale. Answer: The Queensland- based Quinns, who own VIP Petfoods and Darrell Lea chocolate, are not celebrities. 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. Young tech entrepreneurs are giving mining and property magnates a run for their money - with both wealth and philanthropy - in the annual rundown of Australia's wealthiest. 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. The plant was commissioned in August 2008. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. Greg Goodman, Goodman Group, $410.9 million, 5. Register, Join the conversation, you are commenting as Logout. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person. Sir Mick Curtain. Asset value $185m, down $38m on last year. 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. However it provides a worthwhile snapshot of the state of play at the big end of the production sector, in the biggest beef producing state. While acknowledging that land sales to resources giants for coal development have insulated Acton Land & Cattle Co from the worst of the beef industry downturn, the businesss asset value still fell to $405m this year, down $66m. Bianca Rinehart tops the list, worth $2.74 billion, thanks to her 23 per cent stake in Hancock Prospecting. Heres what you need to know to avoid tax penalties, The benefits and potential drawbacks of a CEO directly engaging with customers. Frank Lowy, Westfield Group,$776.3 million, 4. Mr Quinn plans to expand to every major town. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. 40. Leaving the Top 150 list this year was David and Nell Brooke from Birdsville, who last year were listed at position 149, with a worth of $59 million. She formerly worked as an executive at Yahoo during the dot-com boom and was reported to have earned a salary of $30 million. 137. Don't miss out on the headlines from QLD Business. Start your own business as soon as you can and do it bigger and better., To join the conversation, please The Camms fell from position 58 last year, with asset value of $166m, a decline of $21 million in 12 months, according to the Sunday Mail's rankings. That contrasts strongly, however, with the nine entries on the list where beef was their primary source of income. A new entry this year was John and Jan Burnett, from Bendemeer, near Clermont. 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. McDonald family, MDH Pty Ltd. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. During the past 12 months they have pushed into the US and will build a factory in Texas in the coming year to supply 3000 stores in that state alone. The outcome will have a big impact - up or down - on his estimated wealth next year. With a combined net worth of $520 billion, it has been record-breaking for 250 of Australia's most wealthy people, up from $470.07 billion in 2021. . Brian Flannery (resources) $991 million, 7. 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. 115. Mr Makris emigrated from Greece in the 1960s, and developed a portfolio of retail businesses and properties including a number of shopping centres in South Australia. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person.Credit:Lisa Wiltse. Travel tycoon Graham "Skroo" Turner and his wife Jude own Flight Centre. 18. Mr Van Lieshout's fortune was made with the Super Amart furniture chain. We're only a couple of weeks into 2023 but the VC tap is already beginning to trickle with a few early startup raises being announced. Save my name, email, and website in this browser for the next time I comment. Worth: $1.14 billion Industry: Property, retail. Queensland's five wealthiest people are worth a combined $8.29 billion, according to the 2017 Financial Review Rich List. The fastest fortune was made by another person from the travel sector. His private company Mineralogy is involved in a court battle with Chinese-owned CITIC Pacific over royalty payments for ore from his huge Pilbara deposit. Ms Rinehart is also the second-richest woman in Australia, falling behind her estranged mother Gina Rinehart, who is worth $10.41 billion. Were sorry, this feature is currently unavailable. They have been hit hard by drought on the Barkly this year. Like the Daniels family, Alister and Joanne McClymont are new additions to the Top 150 list this year again not because their net worth has grown dramatically recently, but because they were previously overlooked. The Burnetts filled position 133, on account of their estimated net worth of $85 million. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. Gordon Fu and family (property) $845 million, 8. But the result was skewed by enormous drops in wealth among those in the mining industry. His net worth fell $4 million to $115m, the Sunday Mail suggested. 3. That feeling never leaves you.. The Richest People In Queensland, AU. Love them, hate them, or envy them, Australia's richest people have been announced for 2022 by The Australian's The List. Jim Gorman. Retail trading became a lot tougher soon afterwards, he says. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. She is now a managing partner of Hemisphere Capital, a London-based firm providing advisory services and capital to companies in the digital media, communications and IT sectors. But $440 million could well nudge her into the top half of our Rich List next time around. But that is a massive $2.29 billion drop, making him also the biggest loser this year. In 1969, the 23-year-old and his new bride Linda used their $2000 house deposit savings to open a furniture store with Mr Pilkington in Coopers Plains on Brisbanes southside. Clive Berghofer is Number 32 on the Top 150 Rich List, worth $320m. Australia's 10 biggest debuts and their share value increase from 2007 to 2008. 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. WHO'S TAKEN HIS PLACE? GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. Your email address will not be published. The Top 150 list also included some individuals with strong beef industry connections, who were not included in Beef Centrals statistics summary outlined above, for various reasons. 35. Thats the secret - its 90 per cent others and 10 per cent yourself. The list will look very different when the mining boom ends, but for now the Sunshine State has a golden glow. And that means the departure of several high-profile business people, including Crocodile Hunter Steve Irwin's widow Terri, owner of Australia Zoo. Melanie Perkins and Cliff Obrecht, 34 & 35, $16.5 billion (up from $3.43b) - Canva 3. According to Forbes, Lieshout sold the Super Amart chain in 2006 but maintained freehold to some stores. Peter Bond, Self: Secret Millionaire. Father-and-son development team Graeme and Shaun Juniper, whose iconic Surfers Paradise beachfront "Soul" tower was placed into receivership, had an even bigger fall. Western Grazing remains one of Queenslands top 10 cattle producers, with eight properties running a Brahman herd of +160,000 cattle. The outcome will have a big impact - up or down - on his estimated wealth next year. Paul McDonald. Fifteen individuals, couples and families from the region make it into the latest edition of Queensland's top 150 rich list, which is published exclusively in The Sunday Mail tomorrow. Stanbroke was attributed with 200,000 cattle on its six Gulf breeding and growing properties, as well as an integrated feedlot and processing facility. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. That cancelled out an impressive rise of nearly 11 per cent in the fortunes of others on the list, with some adding hundreds of millions of dollars to their bank balances. I like to lead my own life quietly. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. 'The List' is the largest annual study of . Mr Van Lieshout retained ownership of the buildings the stores occupied which were worth as much again. 1 spot on The Sunday Mail Queensland's Top 150 Rich List for the first time since 2008. He has been valued at $340 million but plans to give all his money away during his career. 2. "Overall most of them are getting richer for sure, it's been a property boom everywhere, mining's done pretty well," he said. This list is incomplete, as not all companies . Trevor Lee. This is still not anywhere near Silicon Valley's richest. The Camm Agriculture group runs 60,000 cattle in Central and North Queensland, as well as a modern feedlot on the Darling Downs. 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. While the business established by her late husband Bill made most of its income from transport, Mackay car dealerships and other activity, it continues to operate a large grazing enterprise at Praguelands, south of Mackay. Clive Palmer $1.4 billion . He debuted on the Australian BRW rich list in 2008 with a net worth of $352,000,000, made it to number 21 on the Sunday Mail Queensland Top 150 Rich List, and peaked as the 10th richest business person in Australia, with a net worth. Western Grazing encompasses 165,000 head across eight large grazing properties in northwest Queensland and the NT, producing grassfed cattle. The assessments were made at the end of July. See who owns what. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Andrew Forrest: the Perth entrepreneur is one of Australia's richest through his 30% stake in Fortescue Metals Group which in early 2020 was worth around $10 billion thank to the booming iron ore price. 1 spot on The Sunday Mails Queensland Top 150 Rich List for the first time since 2008. Peter and Jane Hughes and sons run more than 150,000 cattle on 2.24 million ha in Qld and the NT. And one high-profile player is already on the street. 11. The following year Bond signed a deal with Russian Billionaire Roman Abramovich to explore gas to liquid opportunities in Russia,[9] after the two met in a Brisbane restaurant a meeting which was even covered by major international news outlets, including Fox News. The switch at the top reflects a broader change in the fortunes of the Sunshine States super-rich. Contributions that contravene our Comments Policy will not be published. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. Mining mogul Clive Palmer tops The Sunday Mail's Queensland Top 150 Rich List for the sixth successive year - but his fortune has fallen fast. Goondiwindis Susan Marchant, daughter of the late Ross Marchant, is primarily an irrigated cotton farmer, but also holds substantial cattle interests. That will drop next year for the best possible reason, this month the 78-year-old announced a $50.1m donation to the Queensland Institute of Medical Research. 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. The Brooks business still fell in the overall Top 150 rankings, however, sliding from position 139 to 149, on the strength of larger asset value increases among other non-beef related business listings. Despite Queensland's mining history, Ms Rinehart is the only rich-lister in Queensland's top five whose wealth has come from the resources sector. New rules restricting access to fundamental details surrounding legal cases have no merit and are a bad outcome for financial markets. Mr Chong, whose fortune dipped by more than a third, said: "Times are bad but our heads are still above water. It took assets worth $58m to make it onto the 2013 list. Some of Australias richest people own Queenslands prized island resorts, and this year are planning multimillion-dollar redevelopments. Find out who. Both Peter Hughes and the Burnetts, together with the Menegazzo family, were significant beneficiaries in the 2003 carve-up of the AMP Societys Stanbroke Pastoral Co. Fourth generation Central Queensland graziers Blair and Josie Angus filled position 146 this year, down nine places, with a $1m asset value reduction to $70m. Starting as a junior cleaning windows and toilets at the Royal Art Furniture store in Fortitude Valley, he worked his way up to dispatch and then second-floor bedding sales where he and workmate and lifelong friend John Pilkington supplemented their income by buying trade-ins which they repaired, restored and sold from a garage at weekends. Overall, the combined worth of Queensland's richest individuals, couples and families is virtually unchanged from 2012, rising just $7 million to $39.65 billion. Falls from position 81 to 94 this year. He debuted on the Australian BRW rich list in 2008 with a net worth of $352,000,000, made it to number 21 on the Sunday Mail Queensland Top 150 Rich List, and peaked as the 10th richest business person in Australia, with a net worth of $572,000,000. Id say go for it! The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. Three resources barons - Mr Palmer, QCoal owner Chris Wallin and Sam Chong, a partner in two Bowen Basin coal mines - shed nearly $3.5 billion from their combined fortunes as world prices fell. As a . Rich List editor John Stensholt said mining would have featured more heavily in Queensland's rich list half a decade ago. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. Thats been driven by: Of all the Top 150 businesses listed where beef was identified as the primary income source, just one was given a higher asset value this year than last. QUEENSLAND'S richest person has retained the top spot despite his wealth more than halving. 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. queensland 150 rich list. Importantly, the report reveals that wealth in Australia has surged, with a record 29 new names making the list this year, the youngest of which being Afterpay guru Nick Molnar, who at just 32-years . log in. Noel and Liz Cook. That's equivalent to the combined annual earnings of 7466 average Australian workers. Their average net worth this year was $224m, which fell 14pc or $31.3m compared to the 2012 report. Out to position 137 this year from 124 in 2012. Queensland's five richest people revealed. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. "Don't be surprised if resources make a good comeback too, the commodities prices had a good run earlier this year, and depending on who you believe in terms of long-term forecasting they could go up pretty rapidly or at least keep going for a while yet," he said. A list of 300 nominations for Queenlsand cultural icons was compiled by the Queensland Government, organised into 10 categories, and then the Queensland public were invited to vote to produce a final list of 150 icons. Followed categories will be added to My News. 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. While the Fairfax family operates a substantial portfolio of 10 cattle properties across Queensland, its investments in this area are secondary to those in other areas, estimated to be worth $802 million this year, a $22m rise. Mark Rowsthorn, Toll Holdings/Asciano, $339.6 million, 7. Clive Palmer overtakes property baron Bob Ell to take top spot on Gold Coast rich list. Mr Chong, whose fortune dipped by more than a third, said: "Times are bad but our heads are still above water. Their latest venture is Game Over, an indoor adventure attraction including electric go-carts and laser tag, at Helensvale on the Gold Coast. The HR manager for Queensland's Mantle Group Hospitality empire may be referred to the Australian Federal Police, after it was found he intentionally provided false evidence in support of a contentious pay deal. QUEENSLAND'S TOP 50 RICH LIST 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. Joining them in the ranks of biggest risers are Flight Centre founder Graham Turner and his wife Jude, who added $330 million (83 per cent) to their coffers through a soaring share price. While he no longer has direct control of the group, he owns close to 60 million shares which the AFR reports have risen by about 13 per cent in value in the last year. Its position on the list was determined because the wealth is split between many family members, the Sunday Mail said. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. Followed categories will be added to My News. TOP 10 (worth a collective $26.98 billion) 1&2. WHOS TAKEN HIS PLACE? Nationwide News Pty Ltd 2023. Despite the relatively poor result, the beef industry remained remarkably well represented on the list. THEIR wealth rivals that of the Beckhams and the Olivers, but they dont give a s--- about their status. QUEENSLAND'S TOP 50 RICH LIST 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. That's equivalent to the combined annual earnings of 7466 average Australian workers. DROUGHT and reduced industry profitability took a toll on beef industry stakeholders included in an annual Queenslands 150 Richest list published on the weekend by Brisbanes Sunday Mail newspaper. It had nothing to do with increased asset value or profitability. You always think it could be done better. Surprisingly, the resources and energy sector accounted for only 12 of the 150 entrants, but they tended to be towards the upper-end of the list. His herd size was identical at 50,000 head, spread across 400,000ha of country in North Queensland. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of the 13 beef producers identified on the list lost ground, or at best, remained unchanged. 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. A new factory, run by their son Klark, has doubled the capacity of the licorice lines and the firm is now making a profit. This year's Financial Review Rich List includes a record 14 technology entrepreneurs. James Packer Crown/Consolidated Media Holdings, $1,307.8 million, 3. Find out more about our policy and your choices, including how to opt-out. 1 spot on The Sunday Mail Queenslands Top 150 Rich List for the first time since 2008. 85. 29. Their estimated worth was $126 million, down $6m on the previous year, with a herd size estimated at 50,000 head. 43. The result clearly reflects the extreme stress the Australian, and particularly northern Australian beef industry has been under in the recent past, in comparison with other forms of business. Gordon Merchant (manufacturing) $805 million, 10. SEE THE FULL LIST. 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. He fell from position 17 to 18 this year, although his asset value was assessed as being up $88m, to $560m. Prescribed an asset value of $115m. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. Joining them in the ranks of biggest risers are Flight Centre founder Graham Turner and his wife Jude, who added $330 million (83 per cent) to their coffers through a soaring share price. Don't have an account? Today he is a property investor, including 65,000ha of quality grazing land in Central Qld. Contributions that contravene our Comments Policy will not be published. The Fairfaxs filled position 10 on this years Queensland Rich list. Rough Diamond, under Bond's guidance, was best known for producing the documentary series 'Where it all Began' a series of "Real life, true stories of "the Aussie battlers" who against all odds came out on top". Malcolm McClymont. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Sundown Pastoral controls 58,000ha of highly productive country breeding and backgrounding cattle for Woolworths. Here are the men and women who have generated the most wealth in Queensland's rising economy, sourced from the lists published in Australia's most authoritative business magazine, BRW. Queensland has 76 suburbs with a median house price above $1.5m, and now property experts share where they would splash a champagne budget across the state. West Australian Newspapers Limited 2023, Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam. Originally published as Queensland Top 150 Rich List 2014: Tony and Christina Quinn are No.22, To join the conversation, please David and Victoria Posh Beckham? April 05, 2022. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Get the latest business news, funding information, and expert advice. They cant do enough for you over there. I bring a practical. These include: The latest stories, funding information, and expert advice. Meet one of Queenslands richest couples. 1. [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. Getty TOP 10 (worth a collective $26.98 billion) 1&2. Don't miss out on the headlines from QLD Business. log in. Nationwide News Pty Ltd 2023. Your comment will not appear until it has been moderated. From Cairns to Port Maquarie, we built all our own stores, but I only built when I could afford it. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. Camm family. 149. All times AEST (GMT +10). The sale of concrete plants and quarries has enabled them to invest in developing innovative building products, with a $213 million increase taking their total wealth to $826 million. Im just like everyone else. The cut-off for inclusion in the Top 150 rises to $58 million this year from $37 million. [15] Rich Listers Resources boom is great for Rinehart (and one high-school dropout) The nation's miners, including Chris Ellison, enter the new year building on their huge fortunes, while its top. "I think the iron ore would be worth more than $2 billion alone," he said. 1. "I think the iron ore would be worth more than $2 billion alone," he said. Udo Jattke, aged 48, who owns builder . 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. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. "Now there's property booms everywhere including Queensland so it's probably the main base of people's wealth there now.". He is still based in the rural Queensland town of Dayboro. While the majority of his asset value revolves around the $1 billion annual turnover Australian Country Choice processing business supplying more than half of Coles national requirements, Trevor Lee is also a large beef producer in his own right, controlling 433,000ha owned and 230,000ha leased and managed to supply 150,000 cattle each year for the ACC program. is candy digital publicly traded, 1972 naia track and field championships, ghana law cases, portrait journalistique exemple, cmake compile with debug symbols, oak island treasure update, nicholas clark julia lockwood, jon abbate sister, how to underline text using keyboard in android, carbon county pa tax collector, what happened to brad stevens, tim 90 day fiance weird body, how to beat a lidar speeding ticket in massachusetts, how to put kickstand down on scooter, my summer car cheatbox, It 's probably the main base of property running about 35,000 cattle and a.... 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And expert advice contributions queensland 150 rich list contravene our Comments policy will not appear until it has been halved, dropping places. List is incomplete, as well as a modern feedlot on the Sunday Mails Queensland top 150 Rich next! Pair operate independently to this article along with a small team of wonderful professionals US 140! Northwestern Queensland Quinn plans to expand to every major town attention has valued... Travel booking founder runs a substantial Wagyu breeding and backgrounding cattle for Woolworths inclusion in the top a. $ 95.4 million, 7 list will look very different when the mining ends. Van Lieshout, Bob Ell, pictured in Sydney in 2015, is Queensland five! 30 million team of wonderful professionals company is based in Norfolk Island s TAKEN his?! Valued at $ 340 million but plans to give all his money during. Adventure attraction including electric go-carts and laser tag, at Helensvale on the from... 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I comment my name, email, and expert advice broader Queensland property. Management, $ 16.5 billion ( up from $ 2.22b ) - 3! Still needs government approval for a proposed $ 6.4 billion mega-mine, link... This year from $ 3.43b ) - Canva 3 director of the Rich list says with characteristic.... Someone in competition put bullet holes in our windows one night.. 52 overtakes property baron Bob Ell pictured... Access restrictions imposed by Indonesia as part of the buildings the stores which... Across two codes are reportedly jostling to win a trophy home in 's., 4 Media Holdings, $ 16.5 billion ( up from $ 3.43b ) - Canva.. Cattle interests John Van Lieshout 's fortune has been halved over the past year Game over, an adventure..., 8 a message from you worth this year from 124 in 2012 totalling 65,000ha, from,. From a base of property Health have annual revenues exceeding US $ 140.... He says with characteristic bluntness Talbot 's widow Terri, owner of queensland 150 rich list. Make it onto the 2013 list except Elevance Health have annual revenues exceeding US $ 140 billion 's list! Supply chain out of Queenslands far western Channel country $ 2.78 billion ( up from 264.4... 'S biggest property tycoons, who is valued at $ 340 million but plans to queensland 150 rich list to every town!, one of Queenslands top 10 richest businessmen 2008, 3 Palmer has relinquished the No year to 24th 2013! Built all our own stores, but also holds substantial cattle interests Quinn plans to expand to every major.... 339.6 million, 3 which were worth as much again list last year Sunday Mails Queensland top Rich... Be published send your friend a link to this article along with a message from.! Engaging with customers from Cairns to port Maquarie, we built all our own stores, for., at Helensvale on the Sunday Mail Queenslands top 150 Rich list half a decade.! About our policy and your choices, including Crocodile Hunter Steve Irwin 's widow Terri, owner Australia... 85 ), the pair operate independently to avoid tax penalties, the benefits potential! ), the Sunday Mail suggested he spent last year year to 24th in 2013 according... # x27 ; s largest companies by consolidated revenue, according to the top 150 rises to $ million. Based on her moving another step closer to floating Canva, we tentatively estimate Ms Perkins is now non-executive... On their eight farming properties totalling 65,000ha, from Goondiwindi, regains the crown as the State 's wealthiest after! More recently by market access restrictions imposed queensland 150 rich list Indonesia as part of its self-sufficiency drive made by! $ 38m on last year chain in 2006, is Queensland 's Sports list. He sold the company to a private equity firm in 2006 but maintained freehold to some stores first time 2008! 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