A change to the list’s format in 2019 is the inclusion of families, which resulted in five new billionaire family entries: the daughters of Westfield co-founder John Saunders, the Buckeridges of BGC Construction fame, the Barro concrete kings, the Follow the topics, people and companies that matter to you.New Zealand's High Court has ruled that Gordon Fell's action must be heard in Fiji.The couple behind the globally successful Sweat app are breaking up, just a year after pooling their investment in the company.One chief executive of an educational outfit still reaped more than $35 million in pre-pandemic conditions, according to new ACSI research.Hamish Douglass and Chris Mackay have usurped Kerr Neilson as the wealthiest funds managers in Australia after playing the pandemic better.Warren Buffett has made his annual donation of Berkshire Hathaway stock in his latest move to give away his fortune.Scientists have presented no economically or politically realistic options for the Coalition government to dump its gas strategy.The US-based boss of Sezzle has moved to assuage investor fears about the impact of PayPal's entry into the buy now, pay later market as share prices across the sector sink heavily again.If you promise stimulus, and deliver restraint, you get failure.
That is the story of Abenomics in brief.The Future Fund dramatically increased its cash holding in the June quarter as it reported a slight decline in assets over the financial year to $161 billion. The net worth of the wealthiest individual, Gina Rinehart, was estimated to be US$ 14.80 billion; while the net worth of the 50th wealthiest individual, Michael Heine, was estimated to be US$ 750 million.. Media moguls like Kerry Stokes, Bruce Gordon and Lachlan Murdoch are prime examples of those who have lobbied their way to fortunes, while blaming the likes of the ABC and foreign groups like Facebook or Google for the ills and woes faced by their legacy media businesses and their personal power. Who would’ve thunk, wot a shock.There has been mention of there being a hiccup with the Crown deal because there is a clause in the Barangaroo contract re Stanley the father not being allowed near the place. Source: AtlassianThe first top 10 debutant is seventh-placed Shangjin “Jin” Lin, 30, the son of Chinese property billionaire Yi Ling and the founder and group managing director of property company Aqualand, who is worth $659 million, while eighth place went to luxury developer Tim Gurner, 37, with $608 million — down from $631 million and third place in 2018.Ninth place went to 29-year-old Afterpay boss Nicholas Molnar, who has amassed $564 million compared with $341 million in 2018.And Australia’s fittest couple, Ms Itsines, 28, and Mr Pearce, 27, shared 10th place with a combined $486 million.The wealth of the Adelaide power couple — who welcomed first child Arna Leia Pearce in April — has not increased from last year when they were ranked fifth and sixth.This year, the 100 richest young Aussies have a collective $41.2 billion — a staggering figure nearly double 2018’s total of $23.5 billion.In 2019, tech tycoons were the clear winners, with people behind “software-as-a-service” businesses taking out 11 spots, while 25 went to e-commerce figures.But sport has emerged as a huge wealth generator this year due mostly to talented young Aussies storming the United States National Basketball Association (NBA).Six Australian NBA players made it on the list this year, including five first-timers such as 23-year-old Ben Simmons, while other rich-list athletes include Adam Scott, Andrew Bogut, Jason Day, Daniel Ricciardo, Michael Clarke, Tim Cahill and Lleyton Hewitt.Aussie NBA champ Ben Simmons made the list for the first time in 2019. The Australian Financial Review over the weekend released its annual Financial Review Rich List, revealing the list of Australia’s two hundred wealthiest individuals and families, and this year eight Greek Australians were included.. 1. Aug 6, 2020 This list may not reflect recent changes . All valuations are ruled off in the first week of April.
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