Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person.Credit:Ben Rushton. That contrasts strongly, however, with the nine entries on the list where beef was their primary source of income. 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. A new factory, run by their son Klark, has doubled the capacity of the licorice lines and the firm is now making a profit. 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. 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. 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. 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. . He arrived in Australia after his parents defected from East Germany. 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. Save my name, email, and website in this browser for the next time I comment. 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. WHOS TAKEN HIS PLACE? Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. Controlling a herd of 150,000 cattle, the Acton family was ranked 24 on the list, also unchanged from a year earlier. See who owns what. Queensland's Top 150 Rich List: Brad Webb is a self-made success. Rich List editor John Stensholt said mining would have featured more heavily in Queensland's rich list half a decade ago. Nationwide News Pty Ltd 2023. Jon Condon, 16/09/2014. 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. 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 Quinns, both 57, made one of the biggest rises on this year's Queensland Top 150 Rich List, to be published in the Sunday Mail. The Sunday Mails Top 150 list itself has some questionable inclusions and equally obvious omissions, based both on lack of comprehensive knowledge about individuals operating within the beef sector, and also some doubtful inclusions when net worth/borrowings are considered. Paul Little, Toll Holdings, $363.4 million, 6. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. Peter Bond, Self: Secret Millionaire. Australia's Richest 250, a list published annually by The Australian newspaper, has arrived for 2022. We didnt have much knowledge just a lot of ambition.. "We don't have high expectations of improvement over the next year.". Runs 50,000 head of cattle across five North Qld properties, totalling 500,000ha. Between them, three mining magnates Mr Palmer, Chris Wallin and Sam Chong shed $1.8 billion. Getty TOP 10 (worth a collective $26.98 billion) 1&2. Melanie Perkins and Cliff Obrecht, 34 & 35, $16.5 billion (up from $3.43b) - Canva 3. Your email address will not be published. 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. Gianfranco Tomasi, Southern Cross Electrical Engineering, $85.9 million, 8. The McDonalds are the states biggest private landholders, controlling 3.36 million ha of land, and about 170,000 cattle. April 05, 2022. Jim Gorman. Mr Palmer disputed the figure. Mr Quinn plans to expand to every major town. Required fields are marked *. You want security. From Cairns to Port Maquarie, we built all our own stores, but I only built when I could afford it. Clive Palmer overtakes property baron Bob Ell to take top spot on Gold Coast rich list. Keywords Growing Strong, breastfeeding, Introduction of solids, indigenous, Aboriginal, Torres Strait Islander, baby food, children, iron, anaemia, healthy food The Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. Free to sign up. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. The Sunday Mail suggests the business is worth $120m, down $13m on last year. Register, Join the conversation, you are commenting as Logout. The ChatGPT AI is now being used by so many people that its servers are struggling. 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. 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 . John van Lieshout $1.47 billion. Gold-Coast based William Robert Ell is a former carpenter who founded property development group Leda Holdings in 1976. 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. Queensland's five wealthiest people are worth a combined $8.29 billion, according to the 2017 Financial Review Rich List. Queensland's five richest people Bianca Rinehart Worth: $2.74 billion Industry: Resources 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. You can be tough in business as long as youre honest, says Mr Van Lieshout. See who owns what. 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. log in. The large amounts involved make real estate a tougher market than retail, but he prides himself on maintaining high ethical standards perhaps influenced by his tradesman father Karel, a staunch unionist and anti-capitalist who believed that being in business was not an honest living. One of only two exceptions to the broader beef producer trend this year was Central Queenslands Charles Lund, from Laglan Pastoral Co, who was credited with a $20 million rise in personal worth to $140 million but it occurred only because the analysts compiling the list became aware of other properties held in Mr Lunds portfolio. To qualify this year, entrants needed net worth of $62m, up from $58m last year, which edged the Brookes out of a spot. Joseph Butta, Felix Resources, $104.3 million, 5. 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. . The founder of SuperCheap Auto is now a non-executive director of the Super Retail Group. Don't miss out on the headlines from QLD Business. Peter Camm. 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. John Van Lieshout . The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Former Rural Press director Tim Fairfax is a good example. Asset value: $375m, $40m fall on last year. Of the 250 people who made the list, the average wealth sat around AUD$2.08 billion, up from AUD$1.88 billion last year. The personal fortunes of John Van Lieshout, Bob Ell, Con Makris and Reg Rowe, come from a base of property. Sundown Pastoral controls 58,000ha of highly productive country breeding and backgrounding cattle for Woolworths. The first synthetic crude oil was produced in October 2008.[7]. Queensland's Top 10 richest businessmen 2008. Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. 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. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Ive got a catamaran. Brother of David Camm (71) and son of Joh Bjelke Petersen era mines minister, the late Ron Camm. Your email address will not be published. Daughter of the late Brian Oxenford, Pam Deamer, (pictured left), took over the familys Western Grazing business following his death in 2004. Below are the richest people in Queensland, AU. Another new addition to the list this year, not because his asset value increased, but because he was previously overlooked for inclusion. It still fell in rankings, however, from 139 to 149, on the strength of larger asset value increases among other non-beef related listings. Melanie Perkins and Cliff Obrecht, 34 & 35, $16.5 billion (up from $3.43b) - Canva 3. 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. Laglan Pastoral Co sells close to 40,000 cattle each year. James Packer Crown/Consolidated Media Holdings, $1,307.8 million, 3. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. 11. HERES a quick trivia quiz which couple is odd one out? But that is a massive $2.29 billion drop, making him also the biggest loser this year. The Sunday Mail Queensland's Top 150 Rich List: John Van Lieshout is new No. Despite his success, the entrepreneur has always kept a low public profile. Sir Graham McCamley no longer figures on the list after selling his major pastoral asset, Glenprairie Station, to Peter Camm in June. Meet one of Queenslands richest couples. His father was a truck driver and his mother was a teacher. He shifted up two places this year from 18 to 16. Join the conversation, you are commenting as. Peter Larsen. But the result was skewed by enormous drops in wealth among those in the mining industry. "Overall most of them are getting richer for sure, it's been a property boom everywhere, mining's done pretty well," he said. Answer: The Queensland- based Quinns, who own VIP Petfoods and Darrell Lea chocolate, are not celebrities. handed control of the family's multi-billion dollar trust in May 2015 after a protracted legal battle, Ms Rinehart was given the green light to sue her mother. 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. 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. 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. 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. 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. [3], After leaving BHP, Bond began buying quarries, and soon started making $17,000 a month trucking coal. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. Save my name, email, and website in this browser for the next time I comment. Prepare Payments for the 150% Tourism Tax Rebate system . Forbes reported he has developed more than $3 billion-worth of property. Their latest venture is Game Over, an indoor adventure attraction including electric go-carts and laser tag, at Helensvale on the Gold Coast. The assessments were made at the end of July. Brian Flannery (resources) $991 million, 7. Some of Australias richest people own Queenslands prized island resorts, and this year are planning multimillion-dollar redevelopments. 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.. I think feeling insecure creates a feeling of having to achieve because you really dont want to go back to being that way. While his Sundown Pastoral Co interests are located across the border in northern NSW, Neil Statham qualified for the list because he lives on the Gold Coast. Bond appeared on the Australian version of The Secret Millionaire, a television program in which prominent millionaires go undercover in impoverished communities and give away substantial sums of money to help those in need. 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. They fall from position 19 to 28. Here are two rare example of this Rich List scoring a mention elsewhere in Rear Window and this Jonathan Chancellor snippet. All times AEST (GMT +10). A new entry this year was John and Jan Burnett, from Bendemeer, near Clermont. The family enterprise, headed by brothers Jim and Don McDonald, sadly lost Dons son Zander to an industrial accident earlier this year. This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. 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. "In the resources boom probably only about five years ago that would have been a bit more dominant in Queensland because the property market was down a bit then," he said. Were sorry, this feature is currently unavailable. 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. Clive Palmer (resources) $1.5 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 of $572,000,000. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. 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. All times AEST (GMT +10). But some people are concerned about the ethics of using it. All times AEDT (GMT +11). Queensland TriCare's owners Paul O'Shea and sons Peter, John and Damien have had enough spare cash to donate over $80,000 to the Queensland's Liberal National Party in recent years. 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. 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. 2. WHO'S TAKEN HIS PLACE? He fell from position 17 to 18 this year, although his asset value was assessed as being up $88m, to $560m. Ken Talbot, the founder and former managing director of coal giant Macarthur Coal, was second with $1.4 billion. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. 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. It stays forever. 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. Retail trading became a lot tougher soon afterwards, he says. He is still based in the rural Queensland town of Dayboro. The Sunday Mail says Mr Menegazzo is an equal partner in Stanbroke Pastoral Co with his siblings Debra and David, but is listed because he is the only one of the three living in Queensland. 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. David and Judy Camm and their family operate an integrated supply chain business including 60,000 head of cattle in Central, North and Southern Queensland plus the modern, well developed Wonga Plains feedlot outside Dalby feedlot. 52. Factors such as the live export ban and drought have made life tough for cattle farmers, the Sunday Mail said. 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. 146. The Richest People In Queensland, AU. Others would argue that such a conclusion was generous, given the drought and the broader Queensland cattle property value trend. [2], Bond was raised in Camden, New South Wales. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. Remove the three big miners from the top of the Qld 150 Rich list (Clive Palmer, Chris Wallin and the Fu and Lin family) and the remaining 147 wealthy individuals all increased their net worth this year by an average of $23m, or 10.9 percent. Mr Palmer disputed the figure. Published below are the beef sector inclusions, sorted by their ranking order: 24. 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. Philip Sullivan, City Pacific 152.8 million, Source: BRW (Note: Some shares may have been sold in past year). "I think the iron ore would be worth more than $2 billion alone," he said. 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. While the Fairfaxs net worth has come primarily from the sale of their stake in Rural Press/Fairfax Media, they also control a network of ten Queensland grazing properties, producing grassfed beef for the EU and other markets. Another new entry, in this case perhaps linked to recent acquisitions, rather than lack of prior research knowledge by the researchers. 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. Asset value estimated at $209m. HOW QUEENSLANDS RICHEST MAN MADE IT TO NUMBER ONE. Attention has been drawn to the fact the company is based in Norfolk Island. Id say go for it! Attributed an asset value of $132m. Anthony Scali Nick Scali $66.8 million, Australia's 10 biggest falls in share market value 2007 to 2008, 1. 1 spot on The Sunday Mail Queenslands Top 150 Rich List for the first time since 2008. 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. . Find out who. Asset value $71m. queensland 150 rich list. We came close a few times to going bust (in the early days) but we always managed to get out of that. As a consequence, rich families invest differently to the Rich 200. 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. Media reports at the time claimed they had a net worth of $335 million which was an increase of $73 million from 2013. Attention has been drawn to the fact the company is based in Norfolk Island. 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. 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. 149. I bring a practical. Malcolm McClymont. 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. 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. 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. He has been valued at $340 million but plans to give all his money away during his career. "We don't have high expectations of improvement over the next year.". A resurgence in the property market after several post-GFC years in the doldrums has made developers and investors the big winners this year. I might do a bit of sailing. 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. 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. I couldnt give a s--- mate, he says with characteristic bluntness. Mr Quinn laughs at the news. Your comment will not appear until it has been moderated. You can opt-out at any time. 29. Teyss joint venture with US processing giant Cargill is the second largest beef processing business in Australia. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. The fastest fortune was made by another person from the travel sector. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. Filling position 91 this year is a new entrant, and obvious omission from the 2013 Top 150 list, Brendan Menegazzo. 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. Dominic Powell. He was on the BRW Rich List in 2001 valued at $150 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 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. "I think the iron ore would be worth more than $2 billion alone," he said. Danny Wallis, DWS Advanced Business Solutions, $90.2 million, 7. 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. $ 8.29 billion, according to the fact the company is based in Norfolk Island good example,... Really dont want to go back to being that way Media Holdings, $ 1,307.8 million 8... At Helensvale on the List, Brendan Menegazzo started making $ 17,000 a month trucking coal and! Quinns, who own VIP Petfoods and Darrell Lea chocolate, are not celebrities we came close few!: Superyachts of the Super Retail group founder runs a substantial Wagyu breeding and growing at. 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Own Queenslands prized Island resorts, and obvious omission from the 2013 Top 150 Rich List for the synthetic! Felix Resources, $ 40m fall on last year. `` 3 billion-worth property! Largest beef processing business in Australia in Queensland, and website in this browser for first! Private company Mineralogy is involved in a court battle with Chinese-owned CITIC Pacific over royalty Payments ore. A quick trivia quiz which couple is odd one out their latest venture is Game over, an adventure... S TAKEN his PLACE the second largest beef processing business in Australia craig,. To 16 Con Makris and Reg Rowe, come from a year earlier entrepreneur has always kept low... And is estimated to be worth $ 270 million Webb is a new entry year! Come from a base of property 12 months synthetic crude oil was produced in October 2008 [., '' he said Lea chocolate, are not celebrities Fairfax is former...