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Australia’s Billion dollar club gets richer


Australia’s richest billionaire’s have just been announced  and they are quite a few familiar faces on the list, in fact  most on the rich list have not changed  but they just got richer.  The members of the BRW 200 rich list total wealth increased 23% to $167.25 billion, a rise of $31.41 billion.

“Gina Rinehart” From WA has become the first woman in 28 years to top the “BRW rich list 2011”, with the iron ore magnate’s fortune doubling over the past year to $10.3 billion and Glencore chief executive “Ivan Glasenberg” has taken second place.

Worlds Top Billionaires 2011

Mexican Telco tycoon Carlos Slim tops the list of the world top billionaires , with estimated worth of $US53.3 billion ($58.3 billion), with Microsoft founder Bill Gates inching behind him.

Australia’s Top Billionaires 2011

1. Gina Rinehart ( Hancock prospecting –mining & resources)

Mrs Rinehart has inherited some of her wealth from her legendary father, Lang Hancock, but she has succeeded in building “Hancock Prospecting” into a major iron ore producer in Western Australia and also plans in coal rojects in Queensland.

2. Ivan Glasenberg (Glencore – Commodities trader)

The South African-born, Swiss-based chief executive of newly-listed commodities trader Glencore made a stunning debut with $8.8 billion and a listing of his company

3.  Andrew ( twiggy) Forrest ( Fortescue Metals Group- Iron Ore Mining)

Mr. Andrew Forrest  from Perth WA has also become richer, thanks to soaring iron ore prices fuelled by Chinese demand.

4. Anthony Pratt ( Manufacturing)

Anthony Pratt is Chairman and CEO of Pratt Industries and Group Deputy Chairman of Visy Industries, the world’s largest privately-owned paper and packaging company. He is the son of the late Richard Pratt, and tone of the rising wealthy persons list  in Australia according to the BRW Rich 200 list 2010.

5. Clive Palmer ( Mining – Resources)

Mr Palmer made his fortune by selling iron ore interests in Western Australia to Chinese.  His company has secured access to 160 billion tonnes of iron ore reserves in the Pilbara Ranges, in remote Western Australia.

6. Frank Lowy ( Property )

Shopping centre mogul “Frank Lowy” had made his fortune becoming the co-founder of the Westfield shopping centre’s which are spread over Australia, New Zealand and other countries.

James packer also increased his  wealth to finish eight and Mining magnate Nathan Tinkler was the youngest member of the list at 35, with a $1.01 billion fortune

Interestingly  the Forbes Billionaires list for Australia  differs a little bit from the BRW rich list  with it listing the No 1 as Gina Rinehart, and then Andrew Forrest , Frank Lowy And Family,  James Packer and Harry Triguboff in the 2nd , third and fourth position respectively. Check out the Forbes list here

Western Australia’s billionaires

In Western Australia the rich mining state , Billionaires Ms Rinehart and Mr Twiggy Forrest were trailed by building and construction magnate Len Buckeridge who’s wealth came it at $2.6 billion, mining tycoons Angela Bennet and Michael Wright with $2.1 billion, and property mogul Stan Perron wealth stood at $1.8 billion

Check out  some budding entrepreneurs and last years BRW Magazines Young Rich List 2010 here

Some related links –  The Forbes rich list 2010 , World’s Youngest Billionaires ,

Australia’s Billion dollar club gets richer  


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I am not myself in any degree ashamed of having changed my opinions. Be the change that you wish to see in the world and contribute your 2 cents to us , just like i did .I write articles as my hobby and interest ..how about you :)



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