Peter Bond, Linc Energy, $161.2 million, 4. 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. Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. "We don't have high expectations of improvement over the next year.". A new entry this year was John and Jan Burnett, from Bendemeer, near Clermont. In March this year, Ms Rinehart was given the green light to sue her mother over alleged misconduct in managing their trust, claiming Hancock Prospecting failed to pay the sibling certain dividends worth about $120 million each. Alisters brother, Malcolm McClymont slipped nine places in this years list, to 104. Last night they told News Corp Australia this amount was "significantly overstated and we didn't seek to correct at the time". Michael Douglas and Catherine Zeta-Jones? The family was attributed with 150,000 cattle on properties stretching from the Barkly Tableland to Central Queensland. Queensland's biggest cities, Brisbane and the Gold Coast, hold less rich listers than the other capitals - coming in at four and five respectively in the list of top five cities for wealth - but Stensholt said Queensland's wealthy were for the most part getting wealthier. 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. 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. Ms Rinehart is also the second-richest woman in Australia, falling behind her estranged mother Gina Rinehart, who is worth $10.41 billion. Despite his success, the entrepreneur has always kept a low public profile. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Josie is the daughter of David Camm and niece of Peter. 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. 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. Originally published as Queensland's Top 50 Rich List revealed. The list was headed by iron ore baron Clive Palmer, who was valued at $6.5 billion. 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. I like to lead my own life quietly. 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. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. WHOS TAKEN HIS PLACE? How does your net worth compare to the fortunes of the wealthiest people in Queensland, AU? Joseph Butta, Felix Resources, $104.3 million, 5. Nationwide News Pty Ltd 2023. [16] Jamie and Jools Oliver? Frank Lowy, Westfield Group,$776.3 million, 4. This technology was used to build a GTL pilot plant in November 2007 at Linc's Chinchilla facility. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. 11. In 2012, in a world-first, Bond flew 4,000km across Australia in a jet powered by the fuel produced at Linc Energy's gas to liquid plant in Chinchilla. 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. WHO'S TAKEN HIS PLACE? But they do more than match the others in fortune. log in. 94. Malcolm McClymont. 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. 40. 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. Asset value: $375m, $40m fall on last year. Its position on the list was determined because the wealth is split between many family members, the Sunday Mail said. Ive always had a boat - not particularly big boats.. He is still based in the rural Queensland town of Dayboro. Brother of Alister McClymont (85), the pair operate independently. But the result was skewed by enormous drops in wealth among those in the mining industry. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. 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 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 . The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. The personal fortunes of John Van Lieshout, Bob Ell, Con Makris and Reg Rowe, come from a base of property. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. Laglans listing position rose from 94 to 88 this year, as a result. Travel tycoon Graham "Skroo" Turner and his wife Jude own Flight Centre. It was very fortunate because, without any real intention, it was excellent timing. Controlling a herd of 150,000 cattle, the Acton family was ranked 24 on the list, also unchanged from a year earlier. Save my name, email, and website in this browser for the next time I comment. Their average net worth this year was $224m, which fell 14pc or $31.3m compared to the 2012 report. 3. 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, . New rules restricting access to fundamental details surrounding legal cases have no merit and are a bad outcome for financial markets. Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. It stays forever. 1 spot on The Sunday Mail Queenslands Top 150 Rich List for the first time since 2008. 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. Inside Qld trophy home that has footy players scrumming for a win, First time in 50 years: Qld cottage sells for eye-watering price, Dream homes: Top prestige suburb picks in Qld for 2023 revealed, FIT FOR A QUEEN: Pollies $23,000 gift tops register, Queensland Top 150 Rich List 2014: Tony and Christina Quinn are No.22. This list is incomplete, as not all companies . 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. Im not one to socialise in all the right circles and all that. "I think the iron ore would be worth more than $2 billion alone," he said. Reg Rowe is Queensland's fifth wealthiest person. "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. They are now part of a vast property portfolio which also includes the Ikea building at Springwood, shopping centres, commercial buildings and the recently-refurbished $80 million Seahaven Resort at Noosa. Bianca Rinehart tops the list, worth $2.74 billion, thanks to her 23 per cent stake in Hancock Prospecting. You can drive a hard bargain. 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. 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. Laglan Pastoral Co sells close to 40,000 cattle each year. "We don't have high expectations of improvement over the next year.". While he has made most of his money via construction/mining services, Curtain Brothers also holds significant cattle production assets in North Queensland. 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. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. 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. Join the conversation, you are commenting as. 28. Dominic Powell. Property may be the main industry of the top 200 richest people in Australia, but Stensholt said the resources sector could come back again. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. The authors attributed lower cattle values to the reduction in net worth. Weve had floods, weve had fires, weve been shot at. The combined fortunes of north Queensland's richest people have swollen by nearly $100 million over the past year. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. 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. Pictured at their hotel "Spicers Balfour", an estimated net wealth of $726 million put them at Number 11 on the Top 150 Rich List. QUEENSLAND'S richest person has retained the top spot despite his wealth more than halving. Philanthropic donations and other gifts have reduced their net worth below this years minimum for inclusion. Sundown Pastoral controls 58,000ha of highly productive country breeding and backgrounding cattle for Woolworths. He fell from position 17 to 18 this year, although his asset value was assessed as being up $88m, to $560m. The former miner sold his stake in the Jellinbah mine in 2007 for $270m. Paul McDonald. 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 ChatGPT AI is now being used by so many people that its servers are struggling. Melanie has come out on top this year. Mark Rowsthorn, Toll Holdings/Asciano, $339.6 million, 7. Prepare Payments for the 150% Tourism Tax Rebate system . Noel and Liz Cook. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. You can be tough in business as long as youre honest, says Mr Van Lieshout. [14] He has no relation to Australian business person Alan Bond. Nationwide News Pty Ltd 2023. 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. Daughter of the late Brian Oxenford, Pam Deamer, (pictured left), took over the familys Western Grazing business following his death in 2004. Vertically integrated through to export and domestic wholesale through Signature Beef Company. 20 March 2019, we released a rich list of a different kind. Heather Killen, aged 49, who is valued at $90 million. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. We used to landbank sites where we wanted to build. Prescribed an asset value of $115m. You'll also receive messages on behalf of our partners. We just about lost everything there. All times AEST (GMT +10). Below are the richest people in Queensland, AU. 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. 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. Peter and Jane Hughes Hughes Grazing enterprise fell four places this year to position 39, on account of a reported $24 million fall in worth to $274m. 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. After a very brief stint as a builders labourer it nearly killed me and working at Brisbanes Turbot St fruit markets, Mr van Lieshout found his niche in retail. Jon Condon, 16/09/2014. [3], After leaving BHP, Bond began buying quarries, and soon started making $17,000 a month trucking coal. Clive Berghofer is Number 32 on the Top 150 Rich List, worth $320m. Udo Jattke, aged 48, who owns builder Glenwood Homes and is valued at $300 million. Your email address will not be published. Richest Australians 2022. The family also has extensive grazing and feedlot interests. Melanie Perkins and Cliff Obrecht, 34 & 35, $16.5 billion (up from $3.43b) - Canva 3. Australia's Richest 250, a list published annually by The Australian newspaper, has arrived for 2022. Free to sign up. HERES a quick trivia quiz which couple is odd one out? 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. He finished high school in 1981 and became a metallurgist with BHP. See who owns what. Media reports at the time claimed they had a net worth of $335 million which was an increase of $73 million from 2013. Goondiwindis Susan Marchant, daughter of the late Ross Marchant, is primarily an irrigated cotton farmer, but also holds substantial cattle interests. Asset value $71m. close. Im just like everyone else. 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. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person.Credit:Lisa Wiltse. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. We went through the floods in 1974. 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. BILLIONAIRE turned politician Clive Palmer has relinquished the No. Jim Babcock, Babcock & Brown, $288.4 million, 9. 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. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. 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. The founder of SuperCheap Auto is now a non-executive director of the Super Retail Group. And that means the departure of several high-profile business people, including Crocodile Hunter Steve Irwin's widow Terri, owner of Australia Zoo. Terry Elmore Peabody (services) $1.3 billion. log in. 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. TOP 10 (worth a collective $26.98 billion) 1&2. Peter Bond, Self: Secret Millionaire. 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. 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. Heres what you need to know to avoid tax penalties, The benefits and potential drawbacks of a CEO directly engaging with customers. 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. 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. Asset value estimated at $209m. But it is the lesser-known names that will attract all the interest. 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. 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. 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. Peter Bond, the 46-year old chief executive of coal company Linc Energy, whose fortune has increased 15-fold in two years and is worth $635 million. Sir Mick Curtain. Teys family. 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. The family runs 80,000 head of cattle on properties in the Gulf and Northwestern Queensland. 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. Anthony Scali Nick Scali $66.8 million, Australia's 10 biggest falls in share market value 2007 to 2008, 1. You never really feel that . Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person. 1. It took assets worth $58m to make it onto the 2013 list. In 20 years, the Quinns have made their VIP group the worlds biggest producer of chilled pet foods. 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). 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. 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. Western Grazing encompasses 165,000 head across eight large grazing properties in northwest Queensland and the NT, producing grassfed cattle. Queensland's Top 10 richest businessmen 2008. While some of the valuations on the list look very aggressive given the current outlook for the property and financial services sector, the list provides a fascinating snapshot of one of Australias few remaining boom states. I think you will find that people that end up being successful to that extent often come from poor backgrounds. We opened one store in Virginia and someone in competition put bullet holes in our windows one night.. That was David and Nell Brook, part of the Organic Beef Exports supply chain out of Queenslands far western Channel Country. 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. 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. 115. 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. 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. Very nice for some. Western Grazing remains one of Queenslands top 10 cattle producers, with eight properties running a Brahman herd of +160,000 cattle. Terry Peabody, Transpacific Industries, $307.7 million, 8. Sport Liquidators have been appointed to troubled Brisbane builder PlanBuild leaving 40 homes unfinished including one customer "left with a pile of . 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. His experience on The Secret Millionaire led him to strike up a friendship with Russell Crowe and launch a television production company called Rough Diamond. 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. Clive Palmer (resources) $1.5 billion. 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 Cooks also run a substantial secondary cattle business on their eight farming properties totalling 65,000ha, from their Goondiwindi home base. HOW QUEENSLANDS RICHEST MAN MADE IT TO NUMBER ONE. 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. [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. 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. This year's Financial Review Rich List includes a record 14 technology entrepreneurs. 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. 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