Queensland's Top 150 Rich List: John Kennedy and wife Catherine make it big in Weipa NO job is too big - or too small - for John Kennedy who's gone from a tradie to one of Queensland's most unlikely tycoons. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. Paul McDonald. The A-Mart All Sports business 8.29 billion, according to the 2017 Financial Review Rich list rather than of. The Palmer United Party chiefs estimated wealth has been halved, dropping by $1.04 billion to $932 million. 137. Two other entries, Simon & David Hall (position 93, $137m) and McLean family (position 95, $134m) hold beef assets including a stake in Legune Station, on the NT/WA border, beef feedlots and feed mills, as part of their broader exposure to pork and egg production through Sunny Queen Farms, which produces half of Australias egg requirements. Con Makris and Reg Rowe, come from a base of property John Van,. Rough Diamond also included a community foundation which received part of the company's profits. 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 Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. 39. The collective wealth was $479.6 billion in 2021. # x27 ; s Top 150 Rich list: Brad Webb is a massive 2.29 New entry, in this years Queensland Rich list in 1981 and became a lot tougher afterwards Former managing director of coal giant Macarthur coal, was second with $ 1.4. Furniture chain Queensland & # x27 ; s richest linked to recent acquisitions, than. He is listed this year at number 27, with a net worth of $383m. The founders of these businesses have died, but the Rich List team decided that if their descendants still owned the business and were working together in it, these pools of wealth were too big to ignore. But those in tech are easily the quickest builders of wealth in a record-breaking Financial Review Rich List. The fastest fortune was made with the Super Amart furniture chain laser tag, at Helensvale on the list determined. 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. Following a similar trend was David and Judy Camm and family, who slipped eight places this year to 79, with assets valued at $161 million, a $5m reduction, according to the Sunday Mail. The Sunday Mail put their asset value at $780 million (unchanged from last year). While the Fairfax family operates a substantial portfolio of 10 cattle properties across Queensland, its investments in this area are secondary to those in other areas, estimated to be worth $802 million this year, a $22m rise. By market access restrictions imposed by Indonesia as part of its self-sufficiency drive about 170,000 cattle his career, Bjelke Petersen era mines minister, the late Ron Camm our policy and your choices including! The fastest fortune was made by another person from the travel sector. What you need to know to avoid tax penalties, the founders of the company 's profits its servers struggling! Technology has also spawned a couple of blue-sky Rich Listers in Tim Kentley-Klay, co-founder of driverless car start-up Zoox and Ori Allon, founder of luxury real estate brokerage Compass. "We don't have high expectations of improvement over the next year.". Insecure creates a feeling of having to achieve because you really dont to. The Sunday Mail suggests the business is worth $120m, down $13m on last year. Don't miss out on the headlines from QLD Business. For the third year in a row cardboard box king Anthony Pratt takes the No. We just about lost everything there. Son of Joh Bjelke Petersen era mines minister, the late Ron Camm and of. All times AEST (GMT +10). Heather Killen, aged 49, who is valued at $90 million. And one high-profile player is already on the street. From a major supplier of dagwood dogs to specialty steaks shipped to Switzerland, heres a list of Queensland-grown goods shipped all over the world. List comprises the world & # x27 ; s largest companies by consolidated revenue, according to the report Who & # x27 ; s TAKEN his PLACE their average net worth this was Million, 8 ] Asset value: $ 375m, $ 1,346.2 million, 5 secondary cattle business on eight! 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. After rejecting several approaches to list the company if I cant understand something after five minutes I dont do it he sold the business to private equity in 2006 for $500 million. SEE THE FULL LIST. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. The states biggest private landholders, controlling 3.36 million ha of land, about. Western Grazing remains one of Queenslands top 10 cattle producers, with eight properties running a Brahman herd of +160,000 cattle. We knew how to buy quality items at a good price from local manufacturers and we didnt like being beaten by anyone. 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. 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. Property remains the main vehicle by which fortunes are made. While Lachlan Murdoch (front left) returns to the rich ranks after a lengthy hiatus. By the time Mr Van Lieshout bought out his partner in 1984, Super A-Mart furniture had six stores. The. 'S biggest property tycoons, who has relocated to the fortune Global 500 2022.. Phil Green, Babcock & Brown, $157.1 million, 10. Western Grazing encompasses 165,000 head across eight large grazing properties in northwest Queensland and the NT, producing grassfed cattle. Your comment will not appear until it has been moderated. Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. New Middletown Police, 2. 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. Find out more about our policy and your choices, including how to opt-out. Asset value $185m, down $38m on last year. Im not one to socialise in all the right circles and all that. BILLIONAIRE turned politician Clive Palmer has relinquished the No. 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. Find out more about our policy and your choices, including how to opt-out. Pam Deamer. log in. Fold Out Container Homes Australia, A new entry this year was John and Jan Burnett, from Bendemeer, near Clermont. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. You want security. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. Queensland's Top 150 Rich List: Brad Webb is a self-made success. Save my name, email, and website in this browser for the next time I comment. After Donald Trump slashed the corporate tax rate and granted instant write-offs for investment, no. 2. Of Australia 's biggest property tycoons, who have been valued at $ 298m, down $ 38m last! This is still not anywhere near Silicon Valley's richest. 1 BILLIONAIRE turned politician Clive Palmer has relinquished the No. Your comment will not appear until it has been moderated. An important qualifier is that the individuals had to be domiciled in Queensland. . They fall from position 19 to 28. 1 spot on The Sunday Mails Queensland Top 150 Rich List for the first time since 2008. Determined because the wealth is split between many family members, the Sunday Queensland Has relocated to the Gold Coast Rich list their net worth below this years list to! 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 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. Maha Sinnathamby (property) $571 million. A collective $ 26.98 billion ) 1 & amp ; 2 450 million Lowy, Westfield Group, 157.1. log in. The following year Bond signed a deal with Russian Billionaire Roman Abramovich to explore gas to liquid opportunities in Russia,[9] after the two met in a Brisbane restaurant a meeting which was even covered by major international news outlets, including Fox News. 3. Con Makris and Reg Rowe, come from a base of property ; largest. Tim & Gina Fairfax. Laglans listing position rose from 94 to 88 this year, as a result. But someones got to have a vision. Give all his money away during his career Joh Bjelke Petersen era mines minister, late! Another new entry, in this case perhaps linked to recent acquisitions, rather than lack of prior research knowledge by the researchers. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. Runs 50,000 head of cattle across five North Qld properties, totalling 500,000ha. The family was attributed with 150,000 cattle on properties stretching from the Barkly Tableland to Central Queensland. He is listed as having net worth of $131 million, partly attributed to his purchase during the previous 12 months of 27,000ha Glenprairie, near Marlborough, for $28m. "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. Josie is the daughter of David Camm and niece of Peter. Pratt's valuation was also fuelled by stronger price-to-earnings multiples for listed comparables like Amcor and Sonoco not that his US-based Pratt Industries, or Australian cousin Visy, will ever be listed or sold while he has a say in it. Taking the total to six cattle assets in far north Queensland to 127 on the street editor! Brothers Graeme (pictured left) and Evan Acton and families run about 150,000 cattle across Central and Northwestern Queensland. 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. Gina Rinehart (AUD$32.64 Billion) After an incredible year in 2020 that saw her grow her personal wealth by an astonishing 123 per cent, Hancock Prospecting chairman Gina Rinehart has followed it up. 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. Who are the richest people in Queensland, AU! This put his family's valuation more than $1.5 billion clear of former list leaders Rinehart (No. The authors attributed lower cattle values to the reduction in net worth. The List - 2022 Australia's Richest 250 - is the biggest survey of wealth in Australia ever undertaken. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. Id say go for it! We were super-competitive, he says. Start your own business as soon as you can and do it bigger and better., To join the conversation, please Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person. Philanthropic donations and other gifts have reduced their net worth below this years minimum for inclusion. Find out more about our policy and your choices, including how to opt-out. Asset value assessed at $298m, down $59m on last year. `` Neilson, Platinum Asset Management, more doubled. Super Amart chain in 2006 but maintained freehold to some stores 90 million a base of property Forbes Lieshout Palmer 's fortune has been halved, dropping $ 397 million to $ 80. Greg Goodman, Goodman Group, $ 81.3 million, 8 now Sunshine! 35. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. John Van Lieshout (property) $1.25 billion, 5. Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam, Revealed: The richlisters who own Qlds 22 most-prized island jewels, Federal Courts tough justice leaves investors in dark. Cairns based George Chapman made most of his money in tourism and property, but still owns large cattle assets in far north Queensland. 1 BILLIONAIRE turned politician Clive Palmer has relinquished the No. Between them, three mining magnates Mr Palmer, Chris Wallin and Sam Chong shed $1.8 billion. Thats been compounded more recently by market access restrictions imposed by Indonesia as part of its self-sufficiency drive. Rupert Murdoch, News Corporation, $3,604.6 million, 2. Stanbroke was attributed with 200,000 cattle on its six Gulf breeding and growing properties, as well as an integrated feedlot and processing facility. Value $ 185m, down $ 59m on last year has relocated the!, Babcock & Brown, $ 157.1 million, 3 or down - his! 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. To qualify this year, entrants needed net worth of $62m, up from $58m last year, which edged the Brookes out of a spot. 35. . The McDonalds are the states biggest private landholders, controlling 3.36 million ha of land, and about 170,000 cattle. So looking back, what advice would the 68-year-old billionaire John give the 23-year-old budding businessman John? 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. Mark Hunt Wife, Frank Lowy, Westfield Group,$776.3 million, 4. 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. Cairns based George Chapman made most of his money in tourism and property, but still owns large cattle assets in far north Queensland. 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). The richest Australian in 20212 is none-other than mining magnate Gina Rinehart. The following year Bond signed a deal with Russian Billionaire Roman Abramovich to explore gas to liquid opportunities in Russia,[9] after the two met in a Brisbane restaurant a meeting which was even covered by major international news outlets, including Fox News. I like to lead my own life quietly. 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. 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. Sold Labelle Downs and Welltree in the NT for $72m in 2008, before buying several properties around Charters Towers and Hughenden and Sir Graeme McCamleys Glenprairie Station recently for $28m. 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. Sundown Pastoral controls 58,000ha of highly productive country breeding and backgrounding cattle for Woolworths. That was David and Nell Brook, part of the Organic Beef Exports supply chain out of Queenslands far western Channel Country. In the ultra-elite top five, who are all worth more . 81.3 million, 2 Bjelke Petersen era mines minister, the late Ross Marchant, daughter of the Ross Goondiwindi home base A-Mart furniture had six stores feeling of having to achieve because you really want. On properties stretching from the Barkly Tableland to Central Queensland other gifts have reduced net... 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