List of 31 Famous Richest Australian Entrepreneurs
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The Richest Entrepreneurs in Australia have a net worth of $2.5 trillion.
They are among the richest people in the world, and they’ve built their fortunes through hard work, intelligent decisions, and a little bit of luck.
In this blog, we look at the 31 richest people in Australia, their worth, and their business profiles.
The article is in follow-up to the list of Youngest Australian Entrepreneurs published by us a few months back.
Net Worth: $3.20 billion (Source: Wikipedia)
A native of Australia, Katie Page is CEO of retail giant Harvey Norman.
She is one of the most successful businesswomen in Australia and is also one of the richest people in Australia, with a net worth of $3.2 billion.
She has a background in retail and has worked her way up the ranks of the company, eventually becoming CEO of the company.
Page also owns a stake in specialty grocery chain Foodland’s, and is an investor in a variety of other companies.
She is a passionate supporter of women in sports and sponsors the women’s football team Adelaide United.
She has also been an ambassador for the Australian Childhood Foundation and the Royal Children’s Hospital.
Katie Page was born in Melbourne, Australia, the daughter of a small business owner.
She grew up in Warrnambool, where she attended the local school.
Page went on to study commerce at the University of New England, where she was a member of the basketball team. She went on to earn a master’s degree in business from the University of Sydney.
She is a backer of several professional sports and an active promoter of women in sports.
‘I always wake up thinking ‘What’s next?’’ – Katie Page
Net Worth: A$20.18 bn (Source: Wikipedia)
Mike Cannon-Brookes is the second richest person in Australia, with a net worth of $3.3 billion.
The founder of the famous Australian-based tech company Atlassian and the man behind some of the Top Sustainable Australian Companies, Cannon-Brookes, is one of the few tech entrepreneurs in the country to become a household name.
He is also among the few Australian billionaires without a background in finance or industry.
He is best known for his part in the Atlassian acquisition in 2017, the largest tech deal in Australia at the time.
The majority of his wealth is made through his stake in Atlassian, but he also owns a stake in the gaming company Supernova, which Gamestar recently acquired.
He is a prolific investor with an extensive portfolio of tech companies in Australia and worldwide.
“If you watch your [stock price] every day, it’s like going to the casino. If you play roulette, your money is going to go up heaps and down heaps. What’s the point of that? Let’s focus on what the company is like in five years.” – Mike Cannon-Brookes
Net Worth: $16.3 billion (Source: Wikipedia)
Farquhar is the co-founder of Atlassian and has stayed on as CEO of the company, where he co-leads with Cannon-Brookes.
The company has been a major player in the Australian tech scene for nearly 20 years. The company has offices in over 30 countries across the world and has raised over $1 billion in funding to date.
Farquhar is a passionate philanthropist and has donated to causes such as the Australian Childhood Foundation and the Royal Children’s Hospital.
Farquhar has a background in computer science, and he originally studied engineering before dropping out to pursue a career in technology.
He graduated from the University of New South Wales, where he met co-founder Mike Cannon-Brookes.
“Simply using Jira doesn’t mean you’re agile.” – Claire Drumond
Net Worth: $5.2B (Source: Forbes)
Richard White is the fourth richest person in Australia, with a net worth of $16.3 billion.
The majority of his wealth is made through his stake in the property development company White King.
Over the years, White King has developed and managed high-end apartment complexes in Australia and overseas. ‘
The founder of investment firm Newcrest, White is the largest private landowner in the country.
He is best known for his major philanthropic endeavors, which include the establishment of the White Family Foundation.
The foundation has donated hundreds of millions of dollars to a variety of causes.
I’m feeling good, and hope to make it to the finals. The key for me is to wrestle smart and not make any mistakes.- Richard White
Net Worth: $6.5 billion (Source: Forbes)
Mel Perkins, the co-founder of Canva, is the fifth richest person in Australia.
Canva is an online platform that allows users to create professional-quality graphics.
The company has raised over $128 million since its launch in 2010.
Perkins is the CEO of Canva, and she has been the sole CEO of the company since its inception.
“Solve customer problems and make sure that the customer is representative of a large market and then you will have a pretty good formula.” – Melanie Perkins
Net Worth: $6.5 billion (Source: Forbes)
Obrecht is the founder of Canva, an online platform that allows users to create professional-quality graphics.
The company has raised over $128 million since its launch in 2010. ” Obrecht is best known for his major philanthropic endeavors, which include the establishment of the Cliff Obrecht Foundation.
“Thinking through problems with a different lens” – Cliff Obrecht
Net Worth: $2.67 billion (Source: wikipedia)
Nick Molnar is an Australian entrepreneur, who is the co-founder and CEO of Afterpay, a global online platform that allows consumers to pay for products and services using a range of different payment methods, such as cash on delivery, credit card, and an e-gift card.
The company was founded in 2012 and has since expanded to over 20 countries across Europe, Asia Pacific, and the Americas.
Afterpay is an online platform that allows customers to pay for goods and services using their debit or credit cards.
“No question’s off the table,” Molnar says. “We’re very open with everything that’s going on in our organization, internally and publicly. We give that forum to our staff to ask unprepared questions at any time.” (Source: afr)
Net Worth: $1.8B (Source: Wikipedia)
Anthony Eisen is the founder and CEO of Afterpay, a peer-to-peer digital payments platform.
He co-founded the company in 2012 with Nick Molnar. Since then, he has grown the company to over 20 countries, with more than 1,000 employees.
He’s also a board member of several organizations, including the Anti-Defamation League and The New York Academy of Sciences.
He is responsible for building the company’s operations and infrastructure.
Anthony also has more than 15 years of experience in financial services and has held senior leadership roles at Macquarie Bank, Commonwealth Bank, and Deutsche Bank.
“The idea it is either being used by really risky people or it massively enhances the risk those people have doesn’t really stack up,” – Anthony Eisen
Net Worth: $3.2B (Source: Forbes)
Cameron Adams is the co-founder and CEO of Canva, an online design and design tool that helps people create professional-quality images, graphics, and designs.
The company is based in Sydney, Australia. Canva was launched in 2013 and has since grown to over 1 million users worldwide. It has been used by millions of people to create millions of designs, which have been shared on social media.
Whatever the story means in the story which I told you, the fact of thinking in terms of stories does not isolate human beings as something separate from the starfish and the sea anemones, the coconut palms, and the primroses. Rather, if the world is connected, if I am at all fundamentally right in what I am saying, then thinking in terms of stories must be shared by all minds or minds, whether ours or those of redwood forests and sea anemones… -Vít Pokorný
Net Worth: $783 million (Source: afr)
Tony Walls is the CEO of an objective corporation, a digital design agency, which helps marketers create compelling content that attracts and keeps customers.
The company was founded in 2016 and has since grown to over 1,000 employees worldwide. Tony is responsible for building the company’s operations and infrastructure.
He is also a board member at several organizations, including the Telstra Foundation and the Murdoch Children’s Research Institute.
“I still remember back in 2000, people were valuing these companies based on clicks because they were pre-revenue,” he says.
Net Worth: $469.5 million (Source: idolnetworth)
Tobi Pearce is the founder of Pearce & Company, a digital-first design agency.
Tobi co-founded the company in 2016 with the goal of helping businesses create better online experiences.
Tobi has since grown the company to over 100 employees.
He is also a board member at several organizations, including the Telstra Foundation.
“It’s all well and good to sell a product or do endorsements, sure,” Pearce says. “But if that becomes everything that you do, it really becomes a bane of your existence and it’s actually quite saturating for your personal brand. It’s impossible for you to maintain credibility and authenticity as a brand if every second post that you do is talking about a new deal that you’ve done.” (Source: Foundr)
Net Worth: A$5.72 billion (Source: Wikipedia)
James Packer is an Australian billionaire businessman and media mogul.
He is the co-founder, chairman, and co-chief executive officer of Crown Limited, the holding company for Crown Casino.
He also owns a controlling stake in the Australian casino operator Tabcorp.
He is the second-biggest shareholder in News Corp and was its largest shareholder until cashing out in March 2019.
Almost everything I operated was in Melbourne and Perth, but in the end, I just couldn’t bear the thought of leaving. Sydney is my home. – James Packer
Net Worth: 28.4 billion USD (Source: Forbes)
Gina Rinehart is an Australian businesswoman and philanthropist.
She is the world’s richest woman, and one of the wealthiest persons in the world, with a net worth of US$23 billion.
She is the co-owner and chief executive officer of Hancock Prospecting (Holdings) Limited, a company that owns and manages assets in Australia, including the Hope Downs and Roy Hill iron ore projects.
Rinehart is also the owner of the Australian daily newspaper the Australian Financial Review and the Australian radio station 2GB.
The millionaires and billionaires who chose to invest in Australia are actually those who help the poor and our young. This secret needs to be spread widely. – Gina Rinehart
Net Worth: A$13.01 bn (Source: Wikipedia)
One of the richest businessmen in Australia, Clive James Palmer (born 16 February 1958) is the owner and founder of Palmer Cool, a water technology and energy drink manufacturer.
He has been a member of the Queensland Legislative Assembly for the seat of Mirani in the state’s south since the 2016 state election, representing the United Australia Party.
Palmer is also a large landholder in Australia and a major supporter of the Australian automotive industry. He co-founded the conservative political party, the United Australia Party, in 2016.
“I realised that in a lot of failures, there is a lot of opportunities.” – Clive Palmer
Net Worth: $310 million. (Source: Wikipedia)
The founder of the $15 billion OnPoint Global, John Ilhan is one of Australia’s richest people.
The self-made millionaire was born in Iran and moved to Australia at the age of 6.
He’s an expert in business management and finance and has served in several advisory roles in the Australian government.
He’s also invested in several Australian companies and built a major business in the country.
“If you treat staff as your equal, they’ll roll their sleeves up to get the job done.” – John Ilhan
Net Worth: US$21.7 billion (Source: Wikipedia)
The owner of 21st Century Fox, Rupert Murdoch is one of the most influential people in the world.
He’s the founder of one of the largest news organizations in the world and one of the most powerful family dynasties in the United States.
Over the course of his career, he’s built one of the largest media empires in the world, including Fox News and the New York Post.
He’s also been a major political player, serving as a major fundraiser for President Donald Trump and his family.
“The buck stops with the guy who signs the checks.” – Rupert Murdoch
Net Worth: $375 Million (Source: celebritynetworth)
Elisabeth Murdoch, the wife of media mogul Rupert Murdoch, is one of the most influential people in the world.
As the CEO of 21st Century Fox, she’s wielded tremendous power over the media industry. She’s also been a major political player, serving as a major fundraiser for President Donald Trump and his family.
She and her husband were the sole owners of the company for many years, but in April 2019, they sold a majority stake to the New York Times Company for $14.5 billion.
Your trees must be tended; if you can afford it, you owe it to them. I don’t buy expensive plants; if I am extravagant in any way it is in the care of my garden. – Elisabeth Murdoch
Net Worth: A$4.43 billion (Source: Wikipedia)
Lachlan Murdoch, son of media mogul Rupert Murdoch, is one of the most influential people in the world.
He’s the CEO of 21st Century Fox, which makes him the largest shareholder of the company. He’s also been a major political player, serving as a major fundraiser for President Donald Trump and his family.
He and his family were the sole owners of the company for many years, but in April 2019, they sold a majority stake to the New York Times Company for $14.5 billion.
“We all have to expand our capabilities to encompass the changing world, its growing diversity and, indeed, its complexity.” – Lachlan Murdoch
Net Worth: $9.1 billion USD (Source: Wikipedia)
Ivan Glasenberg is the CEO and chairman of the Swiss commodities giant Glencore – the world’s largest mining company.
He’s been at the helm of the company since 2012 when he took over for the controversial and complicated billionaire Marc Rich.
He grew up in South Africa and has a background in engineering. In recent years, he’s been in the news for his close relationship with Russian President Vladimir Putin.
Over two billion people in China and India need commodities to grow their economies and improve their living standards. – Ivan Glasenberg
Net Worth: AUD$762,342 (Source: wallmine)
Mark Bouris is the founder and CEO of the Australian home-loan lender Wizard Home Loans.
He is one of the most successful Australian entrepreneurs and has been the face of the Australian economy for the past decade.
He has become a household name and is one of the most well-known businessmen in the country.
He built his empire from scratch and has even inspired many others to start their own businesses.
“Self belief will always push fear away, but you need to always practice self-belief otherwise fear will come back and tap you on the shoulder.” – Mark Bouris
Net Worth: A$160,000,000 (Source: Wikipedia)
Richard Bruce Farleigh is an Australian private investor and reality television personality.
He is the founder of the $1 billion Richard Farleigh Group, which is one of Australia’s largest private property developers.
He is also the host of the Richard Farleigh Show, which has been broadcast on SBS since 2017.
Farleigh has been married to his wife, Georgina, since 2008.
I’m a huge Bowie [David Bowie] fan. As a foreigner, I think he represents everything that’s fantastic about Britain. – Richard Farleigh
Net Worth: A$7.18 billion (Source: Wikipedia)
Kerry Stokes is the billionaire CEO of Seven West Media, one of Australia’s largest media companies.
He is also the owner of the football club, the Western Bulldogs.
He is one of the country’s most prominent entrepreneurs and has been a major political player.
He first entered the political arena in 2007, when he became a major fundraiser for the Liberal Party of Australia.
“The most important adage and the only adage is, the customer comes first, whatever the business, the customer comes first.” – Kerry Stokes
Net Worth: A$8.51 billion (Source: Wikipedia)
Australian billionaire Frank Lowy was a pioneer in the Australian property industry.
An Australian business magnate and philanthropist, he is the founder and chairman of the Westfield Group, a retail property and shopping center company that operates in Australia, the United Kingdom, and the United States.
He also operates the Melbourne City football club.
Money is misunderstood. The fact is if you want to be successful – the money will follow you. If you are a doctor, something else will follow you. If you are successful, there is an accompaniment. If your goal is just to make money, you won’t succeed. Money is a commodity to use, not to be dictated by. – Frank Lowy
Net Worth: A$17.27 billion (Source: Wikipedia)
Harry Triguboff is the founder of Meriton, one of Australia’s largest privately owned property developers.
He has been the face of the Australian property industry for the past two decades.
Harry is known for building his empire from scratch and has even inspired many others to start their own businesses.
In 2006, Triguboff was named one of the top 50 richest Australians by BRW magazine. He is a member of the Australian Institute of Company Directors.
I’m a businessman, that’s all. – Harry Triguboff
Net Worth: A$27.25 billion (Source: Wikipedia)
Andrew Forrest is a billionaire Australian mining magnate and philanthropist.
He is the founder and CEO of Fortescue Metals Group, a major iron ore producer.
He is also the founder and Chairman of the Australian Outback Exploration Company, an exploration and development company that focuses on expanding oil and gas production in Australia.
Andrew is a prominent advocate of free market economics and has been dubbed ‘The Iron Man of Australian business.
He previously served as the chairman of BHP Billiton, the world’s largest mining company, and as the founder and CEO of the Australian Super Fund. Forrest has a history of supporting charities and causes.
If you look hard at it, if you look hard at the bleeding heart attitude to always throw money at issues, throw money at problems, what you’re in fact probably saying is you’re exercising a prejudice of low expectations. – Andrew Forrest
Net Worth: $9.78 billion USD (Source: Wikipedia)
Anthony Pratt is the founder and CEO of Pratt Industries, an industrial conglomerate operating in the energy, resources, and infrastructure sectors.
He is also the founder of the Australia 21 Project, a conservative think tank aiming to promote policy positions that promote economic freedom and small government.
Anthony is a prominent philanthropist, and has pledged a $2 billion gift to the Prudence Foundation, a charitable organization founded by his parents.
He has also donated millions to various cultural institutions and educational institutions.
I love Australia. I love the people there; they are fantastic. The business opportunities are endless. – Anthony Pratt
Net Worth: A$4.01 billion (Source: Wikipedia)
Mr. Fox is the owner of Linfox, Australia’s largest private logistics company, which operates more than 5,000 trucks across 10 countries in the Asia Pacific.
The company also owns a large industrial property portfolio, a half-share in a business park, two airports, and currency-management outfit Armaguard.
Mr. Fox is also the founder and former chairman of the Australian Rugby Union, which he helped lead to a successful hosting of the World Cup.
He is a prominent philanthropist and has pledged a $2 billion gift to the Prudence Foundation, a charitable organization founded by his parents.
If you believe you can make a difference, then you will make a difference. Believe in yourself, your family, and your community, and you will win. – Lindsay Fox
Net Worth: A$575 million (Source: Wikipedia)
Ruslan Kogan is an Australian e-commerce entrepreneur and founder of Kogan.com and Kogan Technologies.
Ruslan’s Kogan Group is a privately held technology and e-commerce business, which has grown to become one of Australia’s largest online retailers and one of the largest private telecommunications companies in Australia.
In a 2017 interview with my business, Kogan was asked which single factor had contributed most to his success. “Having the conviction to turn an idea that everyone told me was crazy into an operational business,” Kogan said. “Lots of people come up with great ideas all the time but not many actually go through with them. When other budding entrepreneurs ask me what the best advice I’ve ever received is, I always tell them: ‘Nike has been printing it for years. JUST DO IT!’.” (Source: Hyundai)
Net Worth: A$4.94 billion (Source: Wikipedia)
Cowin is the head of Australia’s largest fast food chain, Hungry Jack’s, and has a reputation for being amongst the most aggressive in terms of competitive pricing in his industry.
He started large-scale fast food operations in Toowoomba, Queensland, in 1955 and today has over 1,000 outlets around the world, operating in 50 countries and serving millions of customers a year.
Australia is a ‘can-do’ place. – Jack Cowin
Net Worth: $400 million (Source: Forbes )
Patrick Grove is a billionaire Australian businessman, investor, and philanthropist. Grove is one of the richest men in Australia.
He is also the fifth richest Australian billionaire, according to the Bloomberg Billionaires Index. Grove is the current chairman and CEO of Patrick Grove Ltd, a privately held company headquartered in Sydney, Australia.
If I’m not going to be crazy, I’m never going to figure this out. – Patrick Grove
Net Worth: A$610 million (Source: Wikipedia)
Zeljko Ranogajec is a professional gambler and billionaire from Australia. He is known for his horse betting, blackjack, and other forms of advantage gambling. His estimated net worth is $610 million.
He is currently ranked the 520th richest person in the world by Bloomberg
I realized I need a certain kind of chemistry and a certain kind of look to be into someone, and like 1 percent of the population has it. – Jen Kirkman
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