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. 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. See who owns what. However, when it comes to cold hard cash, the world's richest people come from all different backgrounds. I like to lead my own life quietly. Ms Rinehart is also the second-richest woman in Australia, falling behind her estranged mother Gina Rinehart, who is worth $10.41 billion. Udo Jattke, aged 48, who owns builder . 11. Thats the secret - its 90 per cent others and 10 per cent yourself. . Terry Peabody, Transpacific Industries, $307.7 million, 8. He says the career transition has been made possible by surrounding himself with a small team of wonderful professionals. Attributed an asset value of $132m. The BRW Rich 200 includes 27 Queenslanders among the 200 Australians who have amassed a collective worth of over $150 billion. He is still based in the rural Queensland town of Dayboro. The plant was commissioned in August 2008. 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. This year's Financial Review Rich List includes a record 14 technology entrepreneurs. QUEENSLAND 2015 BRW RICH 200. A list of 300 nominations for Queenlsand cultural icons was compiled by the Queensland Government, organised into 10 categories, and then the Queensland public were invited to vote to produce a final list of 150 icons. 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. Trevor Lee. 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 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 cut-off for inclusion in the Top 150 rises to $58 million this year from $37 million. Mr Quinn laughs at the news. Keywords Growing Strong, breastfeeding, Introduction of solids, indigenous, Aboriginal, Torres Strait Islander, baby food, children, iron, anaemia, healthy food His father was a truck driver and his mother was a teacher. He shifted up two places this year from 18 to 16. 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. 95. Bond 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. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. In 2012, in a world-first, Bond flew 4,000km across Australia in a jet powered by the fuel produced at Linc Energy's gas to liquid plant in Chinchilla. April 05, 2022. Tim Fairfax (media) $1.32 billion. Australia's 10 biggest debuts and their share value increase from 2007 to 2008. Paul McDonald. 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. Find out more about our policy and your choices, including how to opt-out. In 2014 Mr Lieshout knocked controversial Queensland billionaire and former politician Clive Palmer off the number-one spot in Queensland's Top 150 Rich List. Another new entry, in this case perhaps linked to recent acquisitions, rather than lack of prior research knowledge by the researchers. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. This list is incomplete, as not all companies . While his Sundown Pastoral Co interests are located across the border in northern NSW, Neil Statham qualified for the list because he lives on the Gold Coast. That's equivalent to the combined annual earnings of 7466 average Australian workers. Retail trading became a lot tougher soon afterwards, he says. Originally published as Queensland Top 150 Rich List 2014: Tony and Christina Quinn are No.22, To join the conversation, please 149. Mr Chong, whose fortune dipped by more than a third, said: "Times are bad but our heads are still above water. And one high-profile player is already on the street. The Daniels family at Cloncurry is a new entrant to the list this year, not because their asset value has grown dramatically recently, but because they were previously overlooked. Clive Berghofer is Number 32 on the Top 150 Rich List, worth $320m. Travel tycoon Graham "Skroo" Turner and his wife Jude own Flight Centre. 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. 29. Palmer United Party leader Clive Palmer loses half of his fortune Mining magnate's empire dropped by $1.04 billion to $932 million First time he has not been on top of Queensland's richest. 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. Bond has six children with his ex-wife Louise. 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. Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person.Credit:Ben Rushton. Ive always had a boat - not particularly big boats.. [3], As a metallurgist, Bond always had an interest in mining technology and renewable energy, and in 2005 he took over Linc Energy,[6] signing a memorandum with Syntroleum granting a licence to use the company's proprietary gas-to-liquid technology. Start your own business as soon as you can and do it bigger and better., To join the conversation, please Out to position 137 this year from 124 in 2012. 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. . Gordon Merchant (manufacturing) $805 million, 10. You always think it could be done better. The average net worth of those on the list is $260.5 million down from $264.4 million last year. Queensland's five richest people revealed. He is still based in the rural Queensland town of Dayboro. Meet one of Queenslands richest couples. 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 sold the company to a private equity firm in 2006 but kept ownership of the freehold stores. 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 who. Brother of Alister McClymont (85), the pair operate independently. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. Don't have an account? Peter Larsen. David and Judy Camm and their family operate an integrated supply chain business including 60,000 head of cattle in Central, North and Southern Queensland plus the modern, well developed Wonga Plains feedlot outside Dalby feedlot. Free to sign up. Followed categories will be added to My News. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. Don't miss out on the headlines from QLD Business. Asset value: $375m, $40m fall on 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. 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. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. All times AEDT (GMT +11). Heather Killen, aged 49, who is valued at $90 million. Queensland's five wealthiest people are worth a combined $8.29 billion, according to the 2017 Financial Review Rich List. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Join the conversation, you are commenting as. 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. But that is a massive $2.29 billion drop, making him also the biggest loser this year. 46. Required fields are marked *. The family also has extensive grazing and feedlot interests. Australia's Richest 250, a list published annually by The Australian newspaper, has arrived for 2022. Heres why, How the super rich will be making money in 2008, How hedging can make you more persuasive and benefit your business, My biggest mistake: Spiro Rokos, co-founder and CTO of Slyp, The ATO has updated its guidance on business valuations. They cant do enough for you over there. Acton family. Your comment will not appear until it has been moderated. 52. Join the conversation, you are commenting as. I bring a practical. 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. The family lifted from position 40 last year to 35 in 2014, with estimated net worth of $320 million, a $38m rise. Peter and Jane Hughes and sons run more than 150,000 cattle on 2.24 million ha in Qld and the NT. The incentives at federal, state and local level are mind-blowing.. Queensland's Top 150 Rich List: Brad Webb is a self-made success. He fell from position 17 to 18 this year, although his asset value was assessed as being up $88m, to $560m. DROUGHT and reduced industry profitability took a toll on beef industry stakeholders included in an annual Queenslands 150 Richest list published on the weekend by Brisbanes Sunday Mail newspaper. 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. Bianca Rinehart tops the list, worth $2.74 billion, thanks to her 23 per cent stake in Hancock Prospecting. 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. How does your net worth compare to the fortunes of the wealthiest people in Queensland, AU? I think feeling insecure creates a feeling of having to achieve because you really dont want to go back to being that way. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. Falls from position 81 to 94 this year. 4. Despite his success, the entrepreneur has always kept a low public profile. 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. His business partner Ian Roberts is said to be worth $616m and ranked 184th on The . 62. Laglans listing position rose from 94 to 88 this year, as a result. Ill be lying in a box one day. It was very fortunate because, without any real intention, it was excellent timing. 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. BILLIONAIRE turned politician Clive Palmer has relinquished the No. 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. "I think the iron ore would be worth more than $2 billion alone," he said. log in. 65. 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. Some of Australias richest people own Queenslands prized island resorts, and this year are planning multimillion-dollar redevelopments. He became a millionaire by age 26. In 2013, the O'Shea family, which owns TriCare, was reported as number 43 on Queensland's top 150 rich list. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. You can drive a hard bargain. The Quinns saved the iconic Darrell Lea chocolates from administration two years ago. 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. THEIR wealth rivals that of the Beckhams and the Olivers, but they dont give a s--- about their status. 43. 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 . The result clearly reflects the extreme stress the Australian, and particularly northern Australian beef industry has been under in the recent past, in comparison with other forms of business. The overall wealth of Australia's richest 250 individuals and family groups rose from $377 billion this time last year to $470 billion today. And that means the departure of several high-profile business people, including Crocodile Hunter Steve Irwin's widow Terri, owner of Australia Zoo. Euan and Kaye Murdoch, who sold their Herron Pharmaceuticals business in 2003 for a reported $123 million, today concentrate on their showcase Beaudesert grazing property and intensive, large scale artificial breeding centre, Nindooinbah. In 20 years, the Quinns have made their VIP group the worlds biggest producer of chilled pet foods. The Camms fell from position 58 last year, with asset value of $166m, a decline of $21 million in 12 months, according to the Sunday Mail's rankings. Steve Wyatt, Mineral Resources, $81.3 million, 9. We used to landbank sites where we wanted to build. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. The title of Queenslands richest person now belongs to John Van Lieshout who established his Super A-Mart furniture chain into a retail giant, sold it and now heads a property empire. Were sorry, this feature is currently unavailable. Your email address will not be published. It took assets worth $58m to make it onto the 2013 list. 1 spot on The Sunday Mails Queensland Top 150 Rich List for the first time since 2008. Mark Rowsthorn, Toll Holdings/Asciano, $339.6 million, 7. Laglan Pastoral Co sells close to 40,000 cattle each year. Widespread severe drought impact this year across western and northwestern Queensland, and the Northern Territory, and. The authors attributed lower cattle values to the reduction in net worth. Others would argue that such a conclusion was generous, given the drought and the broader Queensland cattle property value trend. Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. Media reports at the time claimed they had a net worth of $335 million which was an increase of $73 million from 2013. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. "We don't have high expectations of improvement over the next year.". Rough Diamond, under Bond's guidance, was best known for producing the documentary series 'Where it all Began' a series of "Real life, true stories of "the Aussie battlers" who against all odds came out on top". Western Grazing remains one of Queenslands top 10 cattle producers, with eight properties running a Brahman herd of +160,000 cattle. 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. 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. WHOS TAKEN HIS PLACE? Queensland's Top 10 richest businessmen 2008, 3. John van Lieshout $1.47 billion. Former Beef Australia chairman Geoff Murphys primary business is in construction, but he holds quality assets in Central Queensland grazing operations. But he is pushing ahead with plans to build a replica of the ill-fated ocean liner Titanic and last week claimed early survey results suggest a gas field he owns off Papua New Guinea could be one of the world's biggest. The former miner sold his stake in the Jellinbah mine in 2007 for $270m. 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. Philanthropic donations and other gifts have reduced their net worth below this years minimum for inclusion. From business tycoons, heirs to family fortunes, tech gurus, actors, rappers, and online celebrities, the rich and famous enjoy lavish lives: 5th Avenue spending sprees, private jets, oceanside mansions, and extravagant jewelry. 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