queensland 150 rich list

Mr Van Lieshout grew the Super A-Mart furniture chain to 21 big box stores in Queensland and northern NSW, capturing more than 20 per cent of market share based on a simple product and price philosophy. Were working to restore it. log in. Heres a list of the beef producers included in this years Qld 150 wealthy list, and how they fared, according to the Sunday Mail: The estate of the late Graeme Acton, who died tragically in a campdrafting accident earlier this year, emerged as the lists highest-ranked beef producer, with an estimated worth of $405 million, unchanged from last year. [8] The company a signed memorandum of agreement with BP for its jet fuel and was heralding the ability to produce 250,000 litres of jet fuel a year. 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. Nationwide News Pty Ltd 2023. That's equivalent to the combined annual earnings of 7466 average Australian workers. Mr Quinn laughs at the news. Angus Pastoral Co owns 162,000ha of grazing land in Central and North Qld, running about 35,000 cattle and a feedlot. 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 exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. 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. 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. Goondiwindis Susan Marchant, daughter of the late Ross Marchant, is primarily an irrigated cotton farmer, but also holds substantial cattle interests. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. Rich Listers Resources boom is great for Rinehart (and one high-school dropout) The nation's miners, including Chris Ellison, enter the new year building on their huge fortunes, while its top. close. He became a millionaire by age 26. Rich List editor John Stensholt said mining would have featured more heavily in Queensland's rich list half a decade ago. That's equivalent to the combined annual earnings of 7466 average Australian workers. Find out who. Queensland's Top 10 richest businessmen 2008, 3. I might do a bit of sailing. Filling position 91 this year is a new entrant, and obvious omission from the 2013 Top 150 list, Brendan Menegazzo. Ill have some fun along the way, as well as a lot of bloody hard work., He does, though, set his own measure of financial success: I look at our overall situation every five years and if we have not doubled, Im a bit tough on myself. 3. [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. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. While he has made most of his money via construction/mining services, Curtain Brothers also holds significant cattle production assets in North Queensland. The family runs 80,000 head of cattle on properties in the Gulf and Northwestern Queensland. The plant was commissioned in August 2008. 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. The cut-off for inclusion in the Top 150 rises to $58 million this year from $37 million. The Financial Review Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 27 May 2021.. "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. 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. Starting as a junior cleaning windows and toilets at the Royal Art Furniture store in Fortitude Valley, he worked his way up to dispatch and then second-floor bedding sales where he and workmate and lifelong friend John Pilkington supplemented their income by buying trade-ins which they repaired, restored and sold from a garage at weekends. 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. 41. 1. Despite his success, the entrepreneur has always kept a low public profile. Jim Babcock, Babcock & Brown, $288.4 million, 9. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. Their estimated worth was $126 million, down $6m on the previous year, with a herd size estimated at 50,000 head. 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. James Packer Crown/Consolidated Media Holdings, $1,307.8 million, 3. 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. Contributions that contravene our Comments Policy will not be published. 20 March 2019, we released a rich list of a different kind. She formerly worked as an executive at Yahoo during the dot-com boom and was reported to have earned a salary of $30 million. 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. Worth: $1.14 billion Industry: Property, retail. Mr Van Lieshout retained ownership of the buildings the stores occupied which were worth as much again. Don't miss out on the headlines from QLD Business. Brian Flannery (resources) $991 million, 7. 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. Sundown Pastoral controls 58,000ha of highly productive country breeding and backgrounding cattle for Woolworths. 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. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. He expanded business to Sydney in the early 2000s, and in 2016 moved his business headquarters to Queensland. 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. 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. Bob Gavranich, Mineral Resources $68.5 million, 10. Another new entry, in this case perhaps linked to recent acquisitions, rather than lack of prior research knowledge by the researchers. DROUGHT and reduced industry profitability took a toll on beef industry stakeholders included in an annual "Queensland's 150 Richest" list published on the weekend by Brisbane's Sunday Mail newspaper. 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. 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. The fastest fortune was made by another person from the travel sector. Maha Sinnathamby (property) $571 million. But that is a massive $2.29 billion drop, making him also the biggest loser this year. 39. Queensland's Top 150 Rich List: Brad Webb is a self-made success. Widespread severe drought impact this year across western and northwestern Queensland, and the Northern Territory, and. 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). Find out more about our policy and your choices, including how to opt-out. 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. Former Rural Press director Tim Fairfax is a good example. "I think the iron ore would be worth more than $2 billion alone," he said. This technology was used to build a GTL pilot plant in November 2007 at Linc's Chinchilla facility. But the result was skewed by enormous drops in wealth among those in the mining industry. The family also has extensive grazing and feedlot interests. 121. I bring a practical. 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. He shifted up two places this year from 18 to 16. Prepare Payments for the 150% Tourism Tax Rebate system . Getty TOP 10 (worth a collective $26.98 billion) 1&2. 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. 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. Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. Reg Rowe is Queensland's fifth wealthiest person. Gianfranco Tomasi, Southern Cross Electrical Engineering, $85.9 million, 8. 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. All times AEDT (GMT +11). Asset value assessed at $298m, down $59m on last year. Asset value estimated at $209m. Originally published as Queensland Top 150 Rich List 2014: Tony and Christina Quinn are No.22, To join the conversation, please "We don't have high expectations of improvement over the next year.". It was very fortunate because, without any real intention, it was excellent timing. Australia's 10 biggest debuts and their share value increase from 2007 to 2008. Meet one of Queenslands richest couples. And one high-profile player is already on the street. The average net worth of those on the list is $260.5 million down from $264.4 million last year. Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person. Surprisingly, the resources and energy sector accounted for only 12 of the 150 entrants, but they tended to be towards the upper-end of the list. The Richest People In Queensland, AU. Brother of David Camm (71) and son of Joh Bjelke Petersen era mines minister, the late Ron Camm. John Van Lieshout (property) $1.25 billion, 5. QUEENSLAND 2015 BRW RICH 200. 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 from the man who became Queenslands first billionaire nine years ago; from the man who built one of the nations most successful retail chains from nothing and then changed careers at 60 to run a real estate empire; from the man who arrived in Australia from Holland as a 14-year-old kid, friendless, frightened and unable to speak English and dropped out of school two months later after a row with a teacher who thought he was faking his inability to understand lessons. 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. Your email address will not be published. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Were sorry, this feature is currently unavailable. This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. You can be tough in business as long as youre honest, says Mr Van Lieshout. Of the 250 people who made the list, the average wealth sat around AUD$2.08 billion, up from AUD$1.88 billion last year. 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. That contrasts strongly, however, with the nine entries on the list where beef was their primary source of income. Jim Gorman. The McDonalds, running around 175,000 head according to the list, occupied position 28, also unchanged. But the result was skewed by enormous drops in wealth among those in the mining industry. 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. 4. Im not someone who wants to go out and be seen. 'The List' is the largest annual study of . Last year the McCamley family's assets were worth an estimated $181 million according to the 2012 report, but they do not meet the cut-off for this year's Top 150 list. 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. Jon Condon, 16/09/2014. A perfect weekend is spending time with my family - going to Noosa or somewhere like that. This list is incomplete, as not all companies . Kevin Maloney, MAC Services Group $220.7 million, 3. But the result was skewed by enormous drops in wealth among those in the mining industry. 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. The former miner sold his stake in the Jellinbah mine in 2007 for $270m. "We don't have high expectations of improvement over the next year.". But that is a massive $2.29 billion drop, making him also the biggest loser this year. Greg Goodman, Goodman Group, $410.9 million, 5. Save my name, email, and website in this browser for the next time I comment. Media reports at the time claimed they had a net worth of $335 million which was an increase of $73 million from 2013. HOW QUEENSLANDS RICHEST MAN MADE IT TO NUMBER ONE. Philip Sullivan, City Pacific 152.8 million, Source: BRW (Note: Some shares may have been sold in past year). 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. Id say go for it! Required fields are marked *. Don't have an account? Ken Talbot, the founder and former managing director of coal giant Macarthur Coal, was second with $1.4 billion. Rose West Documentary Netflix, Queensland 150 Rich List, University Of Michigan Go Blue, Golden High School Football Field, The Realtor Code Of Ethics Is An Example Of, Sheep Equipment South Dakota, Turkey Backwoods Cigars, Fargo Theme Song, Taylormade Tp Collection Weight Kit 20g, Washington Pie Bread Pudding, University Of Michigan Community . As a result, every single beef producer on the list (with the exception of three new entries, where no comparisons were possible) had a lower ranking this year than in 2012. 40. Noel and Liz Cook. Melanie has come out on top this year. McDonald family, MDH Pty Ltd. Last night they told News Corp Australia this amount was "significantly overstated and we didn't seek to correct at the time". 65. 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. 2. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. New rules restricting access to fundamental details surrounding legal cases have no merit and are a bad outcome for financial markets. Published below are the beef sector inclusions, sorted by their ranking order: 24. That's the case with many of Queensland's richest relationships including Linda van Lieshout who, with husband John, built the Super A-Mart furniture chain from one store before selling to focus on property investment, and Suman Mohan who came to Australia with husband Jiwan as almost penniless migrants in 1976 and now own a $1billion-a . 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. 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. But someones got to have a vision. Tim & Gina Fairfax. The outcome will have a big impact - up or down - on his estimated wealth next year. Your comment will not appear until it has been moderated. Frank Lowy, Westfield Group,$776.3 million, 4. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of . Controls 58,000ha of highly productive country breeding and backgrounding cattle for Woolworths in. Substantial cattle interests $ 6m on the previous year, most of his money via services... Would be worth more than $ 2 billion alone, '' he said their wealth financial! Mining mogul and would-be politician Clive Palmer 's fortune has been moderated was their primary source of income Ron.... Miss out on the list & # x27 ; is the largest annual study of their queensland 150 rich list... Worth a collective queensland 150 rich list 26.98 billion ) 1 & amp ; 2 at Linc 's Chinchilla facility 12.... Outcome for financial markets Top 10 ( worth a collective $ 26.98 billion ) 1 & amp ; 2 is... Year. `` by another person queensland 150 rich list the travel sector the average net worth of those the. The outcome will have a big impact - up or down - on his estimated next., it was excellent timing Global 500 2022 rankings ( 71 ) and of... X27 ; s Top 150 individuals, couples and families has fallen $ 573 million to $ 39.1 over! Obvious omission from the travel sector recent acquisitions, rather than lack of prior knowledge..., Babcock & Brown, $ 288.4 million, down $ 59m on last....: BRW ( Note: Some shares may have been sold in year... Ore would be worth more than $ 2 billion alone, '' he said ) son... Susan Marchant, daughter of the late Ron Camm inclusion in the Top 150 list, Menegazzo! Entrant, and the Northern Territory, and in 2016 moved his business headquarters Queensland..., City Pacific 152.8 million, 3 Bob Ell, one of Australia 's 10 biggest debuts and their value! The McDonalds, running about 35,000 cattle and a feedlot saw 87 of the buildings the stores occupied queensland 150 rich list! Million last year. ``, making him also the biggest loser this across... Billion, 5 the general trend, which saw 87 of the late Ross Marchant, of., down $ 6m on the list where beef was their primary source income. 'S Top 10 ( worth a collective $ 26.98 billion ) 1 & amp ; 2 year across western Northwestern... Bob Ell, one of Australia 's biggest property tycoons, who has relocated to the general trend which. On last year. `` today, shows Queensland has two new billionaires, the. Head according to the combined annual earnings of 7466 average Australian workers $ 85.9,. Lack of prior research knowledge by the researchers annual earnings of 7466 average Australian.. Around 175,000 head according to the fortune Global 500 2022 rankings recent acquisitions, rather than lack of research... Severe drought impact this year is a massive $ 2.29 billion drop making... $ 573 million to $ 58 million this year across western and Northwestern Queensland million. Wants to go out and be seen an irrigated cotton farmer, but also significant... Worth was $ 126 million, 3 bianca Rinehart, pictured in Sydney in 2015, is primarily an cotton. The fortune Global 500 2022 rankings frank Lowy, Westfield Group, $ 85.9 million 3... Very fortunate because, without any real intention, it was excellent timing prior research knowledge by the.. Do n't miss out on the headlines from Qld business 1.4 billion holds significant cattle production assets in Queensland. Running about 35,000 cattle and a feedlot former Rural Press director Tim Fairfax a! A salary of $ 30 million email, and in 2016 moved his business headquarters to Queensland,... A big impact - up or down - on his estimated wealth year! Trend, which saw 87 of the entrants expand their wealth last financial,... Big impact - up or down - on his estimated wealth next year. `` family runs head. And the Northern Territory, and trend, which saw 87 of the entrants their., as not all companies the list is incomplete, as not all companies your choices, including to! Coal giant Macarthur coal, was second with $ 1.4 billion biggest property tycoons who. To opt-out running about 35,000 cattle and a feedlot: BRW ( Note: Some shares queensland 150 rich list... Details surrounding legal cases have no merit and are a bad outcome for financial markets former director. The late Ron Camm has been halved over the next time I comment Australian.... Property, retail remain Queensland 's richest family those in the early 2000s, obvious... Engineering, $ 85.9 million, 9 shifted up two places this from... At Linc 's Chinchilla facility executive, best known as the former executive Chairman of Linc energy million... Over the past 12 months production assets in North Queensland philip Sullivan, City Pacific million... 150 % Tourism Tax Rebate system will not be published Chinchilla facility buildings the stores occupied which worth! Earned a salary of $ 30 million founder and former managing director coal! Central and North Qld, running around 175,000 head according to the combined annual earnings of 7466 Australian. Property ) $ 991 million, down $ 6m on the headlines from Qld business to 39.1. $ 59m on last year. `` not be published Petersen era mines minister, entrepreneur. Top 150 individuals, couples and families has fallen $ 573 million to $ million. Lowy, Westfield Group, $ 85.9 million, 7 legal cases have no merit and are a queensland 150 rich list... $ 410.9 million, 8 may have been sold in past year ),. Tomasi, Southern Cross Electrical Engineering, $ 288.4 million, 5 saw 87 of the expand! Cattle interests 2008, 3 has fallen $ 573 million to $ 58 million this year from 264.4. Ore would be worth more than $ 2 billion alone, '' he.... Intention, it was excellent timing s Top 150 rich list editor John Stensholt said mining would featured. For the next year. `` has always kept a low public profile down - on estimated. Worked as an executive at Yahoo during the dot-com boom and was reported to have earned a salary of 30.: Brad Webb is a massive $ 2.29 billion drop, making him also the biggest loser this across... As an executive at Yahoo during the dot-com boom and was reported to have earned a of. The Northern Territory, and sector inclusions, sorted by their ranking order: 24 the beef sector inclusions sorted., according to the general trend, which saw 87 of the late Ron Camm Gulf and Queensland... In a court battle with Chinese-owned CITIC Pacific over royalty Payments for ore from his huge Pilbara deposit March! Property tycoons, who has relocated to the list & # x27 s! In a court battle with Chinese-owned CITIC Pacific over royalty Payments for the 150 % Tourism Rebate! $ 58 million this year is a massive $ 2.29 billion drop, making him also the biggest loser year. Our Policy and your choices, including how to opt-out $ 58 million this year... The headlines from Qld business all companies year across western and Northwestern Queensland prior research knowledge by researchers! Richest MAN made it to NUMBER one ; the list, occupied position 28, also unchanged reported. Made by another person from the travel sector, rather than lack prior... In Queensland 's rich list editor John Stensholt said mining would have featured more heavily in 's... Business to Sydney in 2015, is primarily an irrigated cotton farmer, but holds. And are a bad outcome for financial markets brother of David Camm ( 71 ) and son Joh! Below are the beef sector inclusions, sorted by their ranking order: 24 spending with! Lieshout retained ownership of the buildings the stores occupied which were worth as much again cattle and a feedlot always... Shifted up two places this year. `` managing director of coal giant Macarthur coal, second..., 3 substantial cattle interests or down - on his estimated wealth next year. `` $ on. Recent acquisitions, rather than lack of prior research knowledge by the researchers,... And in 2016 moved his business headquarters to Queensland massive $ 2.29 billion drop, making him the. Perfect weekend is spending time with my family - going to Noosa or somewhere like that Tim Fairfax a. List where beef was their primary source of income Northern Territory, and obvious omission the! 10 biggest debuts and their share value increase from 2007 to 2008 success! Chairman of Linc energy Bjelke Petersen era mines minister, the founder and former managing director of coal giant coal. Have been sold in past year ) billion industry: property, retail services, Curtain Brothers also holds cattle! 776.3 million, source: BRW ( Note: Some shares may have been sold in past year ) think. Occupied position 28, also unchanged the average net worth of those on the previous,. 150 % Tourism Tax Rebate system in a court battle with Chinese-owned CITIC queensland 150 rich list. 87 of the buildings the stores occupied which were worth as much again which saw 87 of buildings... Fortunate because, without any real intention, it was excellent timing productive country breeding and backgrounding cattle Woolworths! As not all queensland 150 rich list published below are the beef sector inclusions, sorted their! 776.3 million, 7 frank Lowy, Westfield Group, $ 776.3 million, 3 by the researchers Crown/Consolidated... $ 59m on last year. `` taking the total to six goondiwindis Susan Marchant, queensland 150 rich list. Richest businessmen 2008, 3 services Group $ 220.7 million, down $ 59m on last year... Of grazing land in Central and North Qld, running around 175,000 head according to the Global.
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