11. Mr Palmer disputed the figure. 1 spot on The Sunday Mail Queenslands Top 150 Rich List for the first time since 2008. Someones got to have a goal.. Western Grazing encompasses 165,000 head across eight large grazing properties in northwest Queensland and the NT, producing grassfed cattle. Maha Sinnathamby (property) $571 million. Queensland's five richest people revealed. I couldnt give a s--- mate, he says with characteristic bluntness. 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. Find out more about our policy and your choices, including how to opt-out. Along the way, they had also launched and sold the A-Mart All Sports business. 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. Steve Wyatt, Mineral Resources, $81.3 million, 9. 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. Thats been driven by: Of all the Top 150 businesses listed where beef was identified as the primary income source, just one was given a higher asset value this year than last. Queenslands Teys family, which controls a 50pc stake in the Teys Australia Cargill joint venture, also moved strongly upwards this year in rankings. [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. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person. The assessments were made at the end of July. "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. Peter Camm. Mr Quinn plans to expand to every major town. 28. 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. Property may be the main industry of the top 200 richest people in Australia, but Stensholt said the resources sector could come back again. "We don't have high expectations of improvement over the next year.". The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. 'The List' is the largest annual study of . The Sunday Mail put their asset value at $780 million (unchanged from last year). These include: The latest stories, funding information, and expert advice. Gold-Coast based William Robert Ell is a former carpenter who founded property development group Leda Holdings in 1976. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Here are two rare example of this Rich List scoring a mention elsewhere in Rear Window and this Jonathan Chancellor snippet. Asset value $185m, down $38m on last year. By the time Mr Van Lieshout bought out his partner in 1984, Super A-Mart furniture had six stores. Malcolm McClymont. Young tech entrepreneurs are giving mining and property magnates a run for their money - with both wealth and philanthropy - in the annual rundown of Australia's wealthiest. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. The Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. Join the conversation, you are commenting as. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of the 13 beef producers identified on the list lost ground, or at best, remained unchanged. Originally published as Queensland's Top 50 Rich List revealed. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. 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. 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. SNEAK PEEK: Inside the homes of our richest. Angus Pastoral Co owns 162,000ha of grazing land in Central and North Qld, running about 35,000 cattle and a feedlot. 1. We opened one store in Virginia and someone in competition put bullet holes in our windows one night.. Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. The Sunday Mail Queensland's Top 150 Rich List: John Van Lieshout is new No. Were working to restore it. 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. The first synthetic crude oil was produced in October 2008.[7]. 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. 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). Free to sign up. He shifted up two places this year from 18 to 16. That's equivalent to the combined annual earnings of 7466 average Australian workers. New rules restricting access to fundamental details surrounding legal cases have no merit and are a bad outcome for financial markets. Very nice for some. You know, Mr Van Leishout tells The Sunday Mail, the funny thing is you still dont ever really feel that you have been a success. 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 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. 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. 137. Melanie Perkins and Cliff Obrecht, 34 & 35, $16.5 billion (up from $3.43b) - Canva 3. Joseph Butta, Felix Resources, $104.3 million, 5. Udo Jattke, aged 48, who owns builder . His father was a truck driver and his mother was a teacher. Brothers Graeme (pictured left) and Evan Acton and families run about 150,000 cattle across Central and Northwestern Queensland. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Falls from position 81 to 94 this year. 98. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. The Fairfaxs filled position 10 on this years Queensland Rich list. 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. Contributions that contravene our Comments Policy will not be published. Below are the richest people in Queensland, AU. 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. That's equivalent to the combined annual earnings of 7466 average Australian workers. That feeling never leaves you.. A perfect weekend is spending time with my family - going to Noosa or somewhere like that. We just about lost everything there. They fall from position 19 to 28. Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam, 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. 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. 1 spot on The Sunday Mail Queensland's Top 150 Rich List for the first time since 2008. . Ive got a catamaran. Asset value assessed at $298m, down $59m on last year. Laglan Pastoral Co sells close to 40,000 cattle each year. 4. Jon Condon, 16/09/2014. They cant do enough for you over there. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. The personal fortunes of John Van Lieshout, Bob Ell, Con Makris and Reg Rowe, come from a base of property. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. QUEENSLAND 2015 BRW RICH 200. Brother of Alister McClymont (85), the pair operate independently. 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. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. We used to landbank sites where we wanted to build. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. The outcome will have a big impact - up or down - on his estimated wealth next year. 52. Others would argue that such a conclusion was generous, given the drought and the broader Queensland cattle property value trend. Don't have an account? 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. [14] He has no relation to Australian business person Alan Bond. He says the career transition has been made possible by surrounding himself with a small team of wonderful professionals. The Quinns saved the iconic Darrell Lea chocolates from administration two years ago. 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. WA Rich List 2019: 40 to 31 | The West Australian WA Rich List 2019 WA's 50 wealthiest and how they did it 40 to 31 Editors: Neale Prior, Ben Harvey This content is proudly supported by Abercrombie & Kent When someone like John Hughes says we are overvaluing him, the team at the West Australian Rich List listen. I might do a bit of sailing. The authors attributed lower cattle values to the reduction in net worth. Your comment will not appear until it has been moderated. Contributions that contravene our Comments Policy will not be published. The McDonalds are the states biggest private landholders, controlling 3.36 million ha of land, and about 170,000 cattle. 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. The daughter of the late cattle baron, Brian Oxenford, Pam Deamer, this year occupied position 71, down nine places, due to a $7 million fall in net worth to $178m. With over 10 years' experience in business advisory, I have worked with a number of family groups, some of which have featured on the Queensland Top 150 Rich List. Its position on the list was determined because the wealth is split between many family members, the Sunday Mail said. Despite his success, the entrepreneur has always kept a low public profile. The McDonalds, running around 175,000 head according to the list, occupied position 28, also unchanged. Clive Berghofer is Number 32 on the Top 150 Rich List, worth $320m. Clive Palmer $1.4 billion . In 2013, the O'Shea family, which owns TriCare, was reported as number 43 on Queensland's top 150 rich list. The family runs 80,000 head of cattle on properties in the Gulf and Northwestern Queensland. Im not someone who wants to go out and be seen. 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. . 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. 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. Daughter of the late Brian Oxenford, Pam Deamer, (pictured left), took over the familys Western Grazing business following his death in 2004. Runs 50,000 head of cattle across five North Qld properties, totalling 500,000ha. 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. Followed categories will be added to My News. 35. In the ultra-elite top five, who are all worth more . Reg Rowe is Queensland's fifth wealthiest person. Out to position 137 this year from 124 in 2012. The result is driven by massive drops in the resources and energy sector. queensland 150 rich list. While he has made most of his money via construction/mining services, Curtain Brothers also holds significant cattle production assets in North Queensland. Required fields are marked *. 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. 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. The family also has extensive grazing and feedlot interests. 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. Nationwide News Pty Ltd 2023. Attention has been drawn to the fact the company is based in Norfolk Island. This year's Financial Review Rich List includes a record 14 technology entrepreneurs. Malcolm Halstead, Platinum Asset Management, $95.4 million, 6. Widespread severe drought impact this year across western and northwestern Queensland, and the Northern Territory, and. Queensland's Top 150 Rich List: Brad Webb is a self-made success. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. Bond has six children with his ex-wife Louise. Keywords Growing Strong, breastfeeding, Introduction of solids, indigenous, Aboriginal, Torres Strait Islander, baby food, children, iron, anaemia, healthy food 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. Jamie and Jools Oliver? Don't miss out on the headlines from QLD Business. See who owns what. 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. Clive Palmer (resources) $1.5 billion. His herd size was identical at 50,000 head, spread across 400,000ha of country in North Queensland. Michael Douglas and Catherine Zeta-Jones? The Burnetts filled position 133, on account of their estimated net worth of $85 million. 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. Goondiwindis Susan Marchant, daughter of the late Ross Marchant, is primarily an irrigated cotton farmer, but also holds substantial cattle interests. Terry Peabody, Transpacific Industries, $307.7 million, 8. Tim & Gina Fairfax. Between them, three mining magnates Mr Palmer, Chris Wallin and Sam Chong shed $1.8 billion, Revealed: The richlisters who own Qlds 22 most-prized island jewels, Federal Courts tough justice leaves investors in dark. The plant was commissioned in August 2008. Brother of David Camm (71) and son of Joh Bjelke Petersen era mines minister, the late Ron Camm. 1 BILLIONAIRE turned politician Clive Palmer has relinquished the No. 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. Defying the adage that the rich always get richer, the combined wealth of the Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. 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. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy and creator of the world's first synthetic crude oil. 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. Frank Lowy, Westfield Group,$776.3 million, 4. Queensland's Top 10 richest businessmen 2008, 3. That contrasts strongly, however, with the nine entries on the list where beef was their primary source of income. This technology was used to build a GTL pilot plant in November 2007 at Linc's Chinchilla facility. 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. The Daniels family from Cloncurry filled position 55 this year, dropping three places, with a net worth estimated at $209 million through the familys cattle holdings running 80,000 head in the Gulf and northwest Queensland. He expanded business to Sydney in the early 2000s, and in 2016 moved his business headquarters to Queensland. 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. 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. Its kind of a self-judgment.. 29. Kerr Neilson, Platinum Asset Management, $1,346.2 million, 2. Find out more about our policy and your choices, including how to opt-out. The fastest fortune was made by another person from the travel sector. As a consequence, rich families invest differently to the Rich 200. The second annual Queensland rich list in the Sunday Mail newspaper has unearthed a surprising batch of hot new entrepreneurs in the mining, property and financial services sectors. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. 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. Free to sign up. While the majority of his asset value revolves around the $1 billion annual turnover Australian Country Choice processing business supplying more than half of Coles national requirements, Trevor Lee is also a large beef producer in his own right, controlling 433,000ha owned and 230,000ha leased and managed to supply 150,000 cattle each year for the ACC program. 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. The Palmer United Party chiefs estimated wealth has been halved, dropping by $1.04 billion to $932 million. 115. [3], After leaving BHP, Bond began buying quarries, and soon started making $17,000 a month trucking coal. But that is a massive $2.29 billion drop, making him also the biggest loser this year. "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. 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. "Overall most of them are getting richer for sure, it's been a property boom everywhere, mining's done pretty well," he said. Teys family. Peter Bond, Linc Energy, $161.2 million, 4. 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. Find out more about our policy and your choices, including how to opt-out. 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. We were super-competitive, he says. Rupert Murdoch, News Corporation, $3,604.6 million, 2. 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. He is listed this year at number 27, with a net worth of $383m. It was very fortunate because, without any real intention, it was excellent timing. 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. Mr Chong, whose fortune dipped by more than a third, said: "Times are bad but our heads are still above water. 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. 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. The average net worth of those on the list is $260.5 million down from $264.4 million last year. You'll also receive messages on behalf of our partners. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. It took assets worth $58m to make it onto the 2013 list. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. All quite low-key. You think you could have done it better, you should have done it better, that you could have done it a different way.. Others with solid beef connections included Noel and Liz Cook (position 148, $65m) who are predominantly grain growers, despite their sizeable beef investment; the Cameron family from Goondiwindi (position 136, $82m) whose primary interests are a shareholding in Sunpork, plus sheep, beef and wheat production; and Andrea McCosker, also from Goondiwindi (position 114, $108m), whose primary interest is cotton. 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. David and Nell Brook. Sport Liquidators have been appointed to troubled Brisbane builder PlanBuild leaving 40 homes unfinished including one customer "left with a pile of . But that is a massive $2.29 billion drop, making him also the biggest loser this year. 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. [15] A Queensland Skilled Occupation List (QSOL) for offshore applicants is available here. 1. The founder of SuperCheap Auto is now a non-executive director of the Super Retail Group. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. Some of Australias richest people own Queenslands prized island resorts, and this year are planning multimillion-dollar redevelopments. 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. THEIR wealth rivals that of the Beckhams and the Olivers, but they dont give a s--- about their status. Retail trading became a lot tougher soon afterwards, he says. The BRW Rich 200 includes 27 Queenslanders among the 200 Australians who have amassed a collective worth of over $150 billion. Save my name, email, and website in this browser for the next time I comment. To qualify this year, entrants needed net worth of $62m, up from $58m last year, which edged the Brookes out of a spot. 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. That was David and Nell Brook, part of the Organic Beef Exports supply chain out of Queenslands far western Channel Country. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. Acton family. Gordon Fu and family (property) $845 million, 8. The Camm Agriculture group runs 60,000 cattle in Central and North Queensland, as well as a modern feedlot on the Darling Downs. 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. Your email address will not be published. The Quinns, both 57, made one of the biggest rises on this years Queensland Top 150 Rich List, to be published in the Sunday Mail. 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. The family enterprise, headed by brothers Jim and Don McDonald, sadly lost Dons son Zander to an industrial accident earlier this year. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. All times AEDT (GMT +11). Paul Little, Toll Holdings, $363.4 million, 6. The combined fortunes of north Queensland's richest people have swollen by nearly $100 million over the past year.
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