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Rise in Australia billionaires

29 May 2015 by News Desk

australian-money001Australia now boasts a record 49 billionaires and an extra 10 billionaires have been created in the past 12 months.

The newly-mega-rich include retail magnate Brett Blundy and Greg Goodman, son of Goodman Fielder co-founder Sir Patrick Goodman, according to the latest BRW 200 Rich list.

Brett Blundy is the 44th richest Australian with $1.086 billion to his name, while Sir Patrick Goodman’s industrial property empire, Goodman Group, has pushed his family wealth to $1.015 billion, ranking him 48th. Ms Rinehart remains Australia’s richest person despite her wealth dipping nearly $6 billion to $14.02 billion.

Mr Forrest, ninth richest and head of Fortescue Metals mining company, saw his wealth shrink from $5.86bn to $2.83bn. Casino mogul James Packer slipped down the rankings from third to seventh place, with his wealth falling by more than $1 billion to $6.08 billion following a drop in Crown Resorts’ share price. TPG Telecom co-founder Vicky Teoh, with $2.31 billion, is the second richest woman on the list.

Among the top five wealthy women are Leonie Baldock and Alexandra Burt, granddaughters of prospector Peter Wright, the one-time business partner of Ms Rinehart’s father Lang Hancock.

1. Gina Rinehart $14.018b
2. Packaging magnate Anthony Pratt $10.8b
3. Property mogul Harry Triguboff $10.2b
4. Westfield chairman Frank Lowy $7.84b
5. Property mogul Hui Wing Mau $6.89b

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