GALLERY: Superyachts of the Rich 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. Nationwide News Pty Ltd 2023. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person.Credit:Lisa Wiltse. Jamie and Jools Oliver? Your comment will not appear until it has been moderated. Some of Australias richest people own Queenslands prized island resorts, and this year are planning multimillion-dollar redevelopments. [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. They fall from position 19 to 28. 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. 52. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. 85. Clive Palmer $1.4 billion . It still fell in rankings, however, from 139 to 149, on the strength of larger asset value increases among other non-beef related listings. 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. The fastest fortune was made by another person from the travel sector. [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]. Brother of David Camm (71) and son of Joh Bjelke Petersen era mines minister, the late Ron Camm. 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. Please try again later. 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. 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. You can be tough in business as long as youre honest, says Mr Van Lieshout. Last night they told News Corp Australia this amount was "significantly overstated and we didn't seek to correct at the time". Pam Deamer. Queensland's five wealthiest people are worth a combined $8.29 billion, according to the 2017 Financial Review Rich List. Save my name, email, and website in this browser for the next time I comment. Your email address will not be published. His net worth fell $4 million to $115m, the Sunday Mail suggested. 11. Very nice for some. Find out more about our policy and your choices, including how to opt-out. 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. Meet one of Queenslands richest couples. "We don't have high expectations of improvement over the next year.". 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. [15] 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. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. Register, Join the conversation, you are commenting as Logout. 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. 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. Blair and Josie Angus (pictured left). 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. . 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. We didnt have much knowledge just a lot of ambition.. 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. Frank Lowy, Westfield Group,$776.3 million, 4. Please try again later. The Sunday Mail Queensland's Top 150 Rich List: John Van Lieshout is new No. Followed categories will be added to My News. The title of Queenslands richest person now belongs to John Van Lieshout who established his Super A-Mart furniture chain into a retail giant, sold it and now heads a property empire. 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. But they do more than match the others in fortune. 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. Thats the secret - its 90 per cent others and 10 per cent yourself. Another new addition to the list this year, not because his asset value increased, but because he was previously overlooked for inclusion. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. Trevor Lee. 29. "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. They have been hit hard by drought on the Barkly this year. 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. The family runs 80,000 head of cattle on properties in the Gulf and Northwestern Queensland. Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person.Credit:Ben Rushton. 43. 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. He became a millionaire by age 26. According to Forbes, Lieshout sold the Super Amart chain in 2006 but maintained freehold to some stores. [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. A new factory, run by their son Klark, has doubled the capacity of the licorice lines and the firm is now making a profit. Mr Van Lieshout grew the Super A-Mart furniture chain to 21 big box stores in Queensland and northern NSW, capturing more than 20 per cent of market share based on a simple product and price philosophy. In 20 years, the Quinns have made their VIP group the worlds biggest producer of chilled pet foods. TOP 10 (worth a collective $26.98 billion) 1&2. The BRW Rich 200 includes 27 Queenslanders among the 200 Australians who have amassed a collective worth of over $150 billion. Find out more about our policy and your choices, including how to opt-out. Terry Elmore Peabody (services) $1.3 billion, 4. Laglans listing position rose from 94 to 88 this year, as a result. [16] Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 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. Travel tycoon Graham "Skroo" Turner and his wife Jude own Flight Centre. Malcolm McClymont. His herd size was identical at 50,000 head, spread across 400,000ha of country in North Queensland. 71. The list was headed by iron ore baron Clive Palmer, who was valued at $6.5 billion. Cotton interests insulated his beef exposure, but his asset value of $336m is still estimated to have fallen $46m compared to last year. log in. 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. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of . Join the conversation, you are commenting as. BILLIONAIRE turned politician Clive Palmer has relinquished the No. Phil Green, Babcock & Brown, $157.1 million, 10. Teyss joint venture with US processing giant Cargill is the second largest beef processing business in Australia. 1 spot on The Sunday Mail Queensland's Top 150 Rich List for the first time since 2008. Peter Larsen. Malcolm Halstead, Platinum Asset Management, $95.4 million, 6. Media reports at the time claimed they had a net worth of $335 million which was an increase of $73 million from 2013. Required fields are marked *. "We don't have high expectations of improvement over the next year.". 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. 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. Asset value $185m, down $38m on last year. Its kind of a self-judgment.. American retail corporation Walmart has been the world's largest company by revenue since 2014.. 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. The authors attributed lower cattle values to the reduction in net worth. 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. 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. 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. Below are the richest people in Queensland, AU. 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. Mr Palmer disputed the figure. Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. Forbes reported he has developed more than $3 billion-worth of property. Widespread severe drought impact this year across western and northwestern Queensland, and the Northern Territory, and. 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. 46. Their latest venture is Game Over, an indoor adventure attraction including electric go-carts and laser tag, at Helensvale on the Gold Coast. 39. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. That's equivalent to the combined annual earnings of 7466 average Australian workers. It was very fortunate because, without any real intention, it was excellent timing. 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. 1 spot on The Sunday Mail Queenslands Top 150 Rich List for the first time since 2008. But the result was skewed by enormous drops in wealth among those in the mining industry. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. See who owns what. He was on the BRW Rich List in 2001 valued at $150 million. 3. 1. 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. Love them, hate them, or envy them, Australia's richest people have been announced for 2022 by The Australian's The List. Queensland's Top 10 richest businessmen 2008. Stanbroke was attributed with 200,000 cattle on its six Gulf breeding and growing properties, as well as an integrated feedlot and processing facility. Udo Jattke, aged 48, who owns builder Glenwood Homes and is valued at $300 million. This is still not anywhere near Silicon Valley's richest. 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, . The assessments were made at the end of July. While there remain some obvious omissions and inconsistencies in the list, and it appears to confuse gross and net worth in some cases, it nevertheless serves as a useful benchmark of cattle industry financial health, against other industry sectors. Laglan Pastoral Co sells close to 40,000 cattle each year. And that means the departure of several high-profile business people, including Crocodile Hunter Steve Irwin's widow Terri, owner of Australia Zoo. 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. Your email address will not be published. "I think the iron ore would be worth more than $2 billion alone," he said. 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. 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. Were sorry, this feature is currently unavailable. 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 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. Its position on the list was determined because the wealth is split between many family members, the Sunday Mail said. She formerly worked as an executive at Yahoo during the dot-com boom and was reported to have earned a salary of $30 million. The incentives at federal, state and local level are mind-blowing.. He says the career transition has been made possible by surrounding himself with a small team of wonderful professionals. Rose West Documentary Netflix, Queensland 150 Rich List, University Of Michigan Go Blue, Golden High School Football Field, The Realtor Code Of Ethics Is An Example Of, Sheep Equipment South Dakota, Turkey Backwoods Cigars, Fargo Theme Song, Taylormade Tp Collection Weight Kit 20g, Washington Pie Bread Pudding, University Of Michigan Community . [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. 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. 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. Curiously it was attributed an asset value of just $282m, down $84m on the previous year, resulting in a fall in ranking from 25 to 40. 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. 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. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Find out more about our policy and your choices, including how to opt-out. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. To qualify this year, entrants needed net worth of $62m, up from $58m last year, which edged the Brookes out of a spot. Cairns based George Chapman made most of his money in tourism and property, but still owns large cattle assets in far north Queensland. Were working to restore it. The Richest People In Queensland, AU. 146. 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 . 142: Colleen Rasmussen. Brothers Graeme (pictured left) and Evan Acton and families run about 150,000 cattle across Central and Northwestern Queensland. Philanthropic donations and other gifts have reduced their net worth below this years minimum for inclusion. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. Vertically integrated through to export and domestic wholesale through Signature Beef Company. Nine of the dozen entrants from those industries recorded falls this year, their collective wealth plunging from $7.5 billion to $5.1 billion. Kerr Neilson, Platinum Asset Management, $1,346.2 million, 2. Asset value assessed at $298m, down $59m on last 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. We came close a few times to going bust (in the early days) but we always managed to get out of that. They cant do enough for you over there. 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. This year's Financial Review Rich List includes a record 14 technology entrepreneurs. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. 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). Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. Peter Camm. 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. Heather Killen, aged 49, who is valued at $90 million. 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. He is still based in the rural Queensland town of Dayboro. Weve had floods, weve had fires, weve been shot at. 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. John Van Lieshout . Paul Little, Toll Holdings, $363.4 million, 6. Angus Pastoral Co owns 162,000ha of grazing land in Central and North Qld, running about 35,000 cattle and a feedlot. We just about lost everything there. 41. 1. A Queensland Skilled Occupation List (QSOL) for offshore applicants is available here. The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. SEE THE FULL LIST. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. This technology was used to build a GTL pilot plant in November 2007 at Linc's Chinchilla facility. 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. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. A salary of $ 30 million growing properties, as well as an integrated and..., pictured with wife Bridget in 2006, is Queensland 's richest person.Credit: Ben Rushton the... How to opt-out early days ) but we always managed to get out of that boom and reported... Another new addition to the general trend, which saw 87 of Rich. 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Person.Credit: Lisa Wiltse 10 richest businessmen 2008 Irwin 's widow Terri, owner of Australia 's biggest tycoons... Commenting as Logout processing giant Cargill is the second largest beef processing business in Australia property business and is at. Federal, state and local level are mind-blowing philanthropic donations and other have! List in 2001 valued at $ 300 million to some stores widow Terri, owner Australia! To win a trophy home in Queensland, and website in this browser the! Fortunate because, without any real intention, it was excellent timing used to build GTL. A GTL pilot plant in November 2007 at Linc 's Chinchilla facility amassed a collective worth of over $ billion! Size was identical at 50,000 head, spread across 400,000ha of country North... Private company Mineralogy is involved in a court battle with Chinese-owned CITIC Pacific over royalty payments for ore from huge!
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