Richest 250: Clive Palmer, Harry Triguboff among rich list in 2021
Meet the Gold Coast’s richest people, including one whose fortune has soared to a staggering $9.76bn. SEE THE FULL LIST
Business
Don't miss out on the headlines from Business. Followed categories will be added to My News.
GOLD Coasters who managed to increase their wealth in the midst of a global pandemic, have figured prominently on the latest list of Australia’s richest people.
King of the Sovereign Islands Clive Palmer has topped the list of wealthy full-time Queenslanders, taking out top spot as his fortune climbed to a record $9.76bn.
Part-time Gold Coast local Harry Triguboff, who spends much of his time in his Main Beach penthouse, has also held his own on the list, building an eye-watering $17.20bn fortune.
SCROLL DOWN TO SEE LIST OF GOLD COAST RICH LISTERS
The List - Australia’s Richest 250 will be published on Saturday in a special issue contained in The Weekend Australian, and it will reveal how the biggest names in Australian business have thrived during the COVID-19 pandemic.
Gina Rinehart is set to top the list with a fortune of $36.28 billion, with Andrew Forrest ($29.61 billion), Mike Cannon-Brookes ($21.99 billion), Scott Farquhar ($21.95 billion) and Anthony Pratt and family ($21.28 billion) rounding out the top five.
Combined, the top five on The List added almost $60bn to their wealth in a bumper year as stockmarkets surged in value, after hitting lows in March, and mining exports continued unaffected by the pandemic restrictions.
More Gold Coast locals are likely to find themselves on The List when it’s revealed in full on Saturday.
GOLD COAST RICH LISTERS 2021
Clive Palmer
Court cases, controversy, politics and iron ore royalties. Life is rarely dull for the richest Queenslander.
Palmer is never far from the headlines, including stoushes with the Western Australian government, the Electoral Commission of Queensland and liquidators pursuing him regarding Queensland Nickel.
But Palmer’s iron ore royalties means he gets more annual income than almost any other Australian, which has allowed him to splash out on dozens of Gold Coast properties and other trappings of wealth such as a $13m luxury superyacht he bought from Larry Kestelman in 2019.
It all adds up to record $9.76bn fortune, ranking him near the top of the 2021 edition of The List - Australia’s Richest 250, published in a special issue of The Weekend Australian on Saturday.
Harry Triguboff
Part-time Main Beach penthouse dweller and property giant Harry Triguboff holds a $17.20bn fortune.
Triguboff owns the Meriton apartments business, and is building more than 3000 units along the eastern seaboard and is showing no signs of slowing down at the age of 88.
Meriton also owns thousands of apartments that it rents out and has one of the largest collections of hotel rooms in the country via its large serviced apartments division.
Bruce Mathieson
Mermaid Beach resident Bruce Mathieson is the next richest Queenslander with a $2.05bn fortune.
Mathieson is a long-time pub and pokies baron who heads the ALH Group, which is part of the joint venture Endeavour Group business with Woolworths.
The groceries giant has a plan to spin off Endeavour, which includes bottle shops, hotels and drive-through liquor outlets, into its own ASX-listed business by the end of June, and Mathieson would emerge with a stake worth at least $1.35bn. But private equity suitors are circling and could make his shareholding worth even more.
‘Intense’: Inside the high-stakes battle for historic Coast property
A big-money battle has played out over a property on one of the Gold Coast’s busiest arterial roads which was once owned by a famous figure. FIND OUT MORE
‘Not viable’: Hundreds of towers going back to the drawing board
Developers will go back to the drawing board on hundreds of Gold Coast towers approved in the past decade – with many expected to get substantially taller. FIND OUT MORE