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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

Clive Palmer has announced plans to rebuild Coolum resort.
Clive Palmer has announced plans to rebuild Coolum resort.

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.

Not only did Clive Palmer top Queensland’s rich list but he doubled his wealth.
Not only did Clive Palmer top Queensland’s rich list but he doubled his wealth.

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.

Harry Triguboff used his expertise in property to amass enormous wealth. Picture: James Horan
Harry Triguboff used his expertise in property to amass enormous wealth. Picture: James Horan

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.

Australia’s pubs and booze supremo, billionaire Bruce Mathieson, came in at fourth. Picture: Russell Shakespeare
Australia’s pubs and booze supremo, billionaire Bruce Mathieson, came in at fourth. Picture: Russell Shakespeare

kathleen.skene@news.com.au

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Original URL: https://www.goldcoastbulletin.com.au/business/richest-250-clive-palmer-tops-qlds-richest-people-list-in-2021/news-story/888bc4a849e4268fb48374ed2fb7ce26