Total Rich List wealth soars past half a trillion dollars
The rise in iron ore, property and solid gains in manufacturing – and the fact that tech was still well up overall – has widened the gap between the top of the list and the rest.
Rich List 2022 essay. --
Gina Rinehart tops the 2022 Financial Review Rich List for a third consecutive year, withstanding a challenge for pole position from the co-founders of Atlassian, Mike Cannon-Brookes and Scott Farquhar.
The tech duo were, for a few months in late 2021, the richest in the land as a soaring Atlassian share price and a falling iron ore price caused a switch at the top since last May’s Rich List. But the tech sector was later sold off and the iron ore price rebounded. Rinehart, the founder of Pilbara iron ore mine Roy Hill, has her grip firmly on first place with an estimated $34.02 billion fortune, up from $31.06 billion in 2021.
Key Statistics
- $554.9bTotal wealth ($479.6b in 2021)
- 13Debutants
- 37Number of women
- 67.7Average age (66 in 2021)
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