The BRW Rich 200 is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth. The list is released annually during May in a special issue of the Business Review Weekly, published by Fairfax Media.
The list provides a short summary on some of the known business activities of the indivuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The wealthiest individual in the 2011 list was Gina Rinehart, estimated to have a personal net worth of A$10.31 billion. In 2011, the entry mark was A$215 million, up from A$185 million in the previous year.
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The BRW Rich 200 was first published in 1983 as the BRW Rich 100, with an entry point of A$10 million, that profiled 144 people and 20 families.[1][2]
In 2008, it was the first time in more than 20 years that a Packer had not headed the list. Andrew Forrest was listed as the richest person in Australia, with a net worth estimated at A$9.41 billion, with James Packer listed third with A$6.1 billion.[3] In 2009 Anthony Pratt, son of Richard Pratt (who had died 4 weeks earlier), was top of the list with A$4.3 billion. In 2010, the founder of Westfield, Frank Lowy, who had appeared on the list every year, was Australia's richest invididual with an assessed personal net worth of A$5.04 billion.[4][5]
The BRW Rich 200 is one list in a series of lists published by the BRW. Other lists includes:
The list has sometimes caught the ire of those profiled. In an essay celebrating the 25th anniversary of the BRW, Jefferson Penberthy, the founding editor of the BRW Rich 100 wrote that at one stage Australian entrepreneur Dick Smith, then valued at A$50 million, did not want to appear on the list. When told that the cut off was A$35 million, Smith publicly divested A$20 million to charities.[2]
The BRW Rich 200 excludes individuals who have renounced their Australian citizenship. For example, despite Rupert Murdoch being born in Australia and having a personal net wealth of US$7.6 billion,[6] due to Murdoch becoming a naturalised US citizen in 1985, he is excluded from the list.
The following list is the ranking taken from the 2011 and 2010 issues.[7][8]
| 2011 rank | Name | Net worth (AUD) | Sources of wealth |
|---|---|---|---|
| 1 | Gina Rinehart | $10.31 billion | Hancock Prospecting |
| 2 | Ivan Glasenberg | $8.80 billion | Glencore commodities trading |
| 3 | Andrew Forrest | $6.18 billion | Fortescue Metals Group |
| 4 | Anthony Pratt & family | $5.18 billion | Visy Industries |
| 5 | Clive Palmer | $5.05 billion | Resources |
| 6 | Frank Lowy | $4.98 billion | Westfield; property (shopping centres) |
| 7 | Harry Triguboff | $4.30 billion | Meriton Apartments |
| 8 | James Packer | $4.16 billion | Crown Limited; Consolidated Media Holdings |
| 9 | John Gandel | $3.45 billion | Property (shopping centres) |
| 10 | Chris Wallin | $3.10 billion | Resources (coal) |
| 2011 rank | Name | Net worth (AUD) | Sources of wealth |
|---|---|---|---|
| 1 | Smorgan family | $2.69 billion | Investment; property |
| 2 | Liberman family | $2.23 billion | Investment |
| 3 | Besen family | $2.08 billion | Property; retail |
| 4 | Myer family | $2.01 billion | Retail; property; investment |
| 5 | Talbot family | $1.42 billion | Resources; investment |
| 6 | Roberts family | $1.35 billion | Investment; property |
| 7 | Salteri family | $1.18 billion | Manufacturing (defence and shipbuilding) |
| 8 | Fraid family | $1.13 billion | Retail; property |
| 9 | Tieck family | $1.03 billion | Investment; property |
| 10 | Saunders family | $0.94 billion | Property |
| Legend | |
|---|---|
| Icon | Description |
| Has not changed from the 2010 list | |
| Has increased from the 2010 list | |
| Has decreased from the 2010 list | |
| Year | Name | Net worth (AUD) | Sources of wealth |
|---|---|---|---|
| 1983 | Kerry Packer | $ billion | Publishing & Broadcasting Limited; Consolidated Media Holdings[9] |
| 1984 | $ billion | ||
| 1985 | $ billion | ||
| 1986 | $ billion | ||
| 1987 | $ billion | ||
| 1988 | Kerry Packer | $ billion | Publishing & Broadcasting Limited; Consolidated Media Holdings[9] |
| 1989 | $ billion | ||
| 1990 | $ billion | ||
| 1991 | $ billion | ||
| 1992 | $ billion | ||
| 1993 | $ billion | ||
| 1994 | $ billion | ||
| 1995 | $ billion | ||
| 1996[10] | $3.30 billion | ||
| 1997[11] | $3.90 billion | ||
| 1998[12] | $5.20 billion | ||
| 1999 | $ billion | ||
| 2000[13] | $8.20 billion | ||
| 2001 | $ billion | ||
| 2002[14] | $5.90 billion | ||
| 2003[15] | $5.50 billion | ||
| 2004[1] | $6.50 billion | ||
| 2005[16] | $6.90 billion | ||
| 2006[17] | James Packer | $7.10 billion | Media; entertainment (gaming); investment |
| 2007[3] | $7.25 billion | ||
| 2008[3][7] | Andrew Forrest | $9.41 billion | Fortescue Metals Group |
| 2009[4] | Anthony Pratt & family | $4.30 billion | Visy Industries; investment |
| 2010[4][5] | Frank Lowy | $5.04 billion | Westfield; property (shopping centres) |
| 2011[7] | Gina Rinehart | $10.31 billion | Hancock Prospecting; media; investment |