Australia’s billionaires have thrived during the pandemic year - and some on this year’s Rich List have reaped even bigger rewards from a soaring iron ore price.
Joanna Horgan, Peter Wetenhall, Cliff Obrecht, Melanie Perkins and Tania Austin.
Iron ore, property and technology are the three main paths to 2021’s Financial Review Rich List, which has shrugged off the pandemic to be richer than ever before.
For the second year running, the booming price of Australian iron ore has put Gina Rinehart at No. 1; her $31.06 billion fortune up from $28.9 billion in the 2020 list published in November. She is followed again by Andrew Forrest with $27.2 billion, up from $23 billion last time.
Michael BaileyArts & Culture editorMichael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
Julie-anne SpragueRich List editorJulie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com
