Attention has been drawn to the fact the company is based in Norfolk Island. As a consequence, rich families invest differently to the Rich 200. Paul McDonald. Others with solid beef connections included Noel and Liz Cook (position 148, $65m) who are predominantly grain growers, despite their sizeable beef investment; the Cameron family from Goondiwindi (position 136, $82m) whose primary interests are a shareholding in Sunpork, plus sheep, beef and wheat production; and Andrea McCosker, also from Goondiwindi (position 114, $108m), whose primary interest is cotton. 71. 4. All Rights Reserved, Brisbane hospitality HR manager could be referred to police as Fair Work tosses out pay deal, Three Australian startups that have already raised millions this year, ChatGPT is being used by so many people its servers are struggling to keep up, News Corp aims to think more like a startup, Five factors to consider when pricing products or services, Despite Brambles market domination, the pallet industry is ripe for disruption. 85. 149. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. We knew how to buy quality items at a good price from local manufacturers and we didnt like being beaten by anyone. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. Like the Daniels family, Alister and Joanne McClymont are new additions to the Top 150 list this year again not because their net worth has grown dramatically recently, but because they were previously overlooked. Factors such as the live export ban and drought have made life tough for cattle farmers, the Sunday Mail said. Alister & Joanne McClymont from Richmond in northwest Queensland filled position 101 in this years list, dropping 16 places. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. The Burnetts filled position 133, on account of their estimated net worth of $85 million. Worth: $1.14 billion Industry: Property, retail. former owner-manager of one of the top performing branches of the Bank of Queensland who went on $10 million buying spree racking up luxury real estate, . West Australian Newspapers Limited 2023, Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. The Quinns saved the iconic Darrell Lea chocolates from administration two years ago. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Answer: The Queensland- based Quinns, who own VIP Petfoods and Darrell Lea chocolate, are not celebrities. Teyss joint venture with US processing giant Cargill is the second largest beef processing business in Australia. Don't miss out on the headlines from QLD Business. Their estimated worth was $126 million, down $6m on the previous year, with a herd size estimated at 50,000 head. Find out more about our policy and your choices, including how to opt-out. Australia's Richest 250, a list published annually by The Australian newspaper, has arrived for 2022. Ive always had a boat - not particularly big boats.. Tim Fairfax (media) $1.32 billion. You can opt-out at any time. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. The Sunday Mail Queensland's Top 50 Rich List reveals the 59-year-old walking headline is still the state's wealthiest person with $1.98 billion. Richest Australians 2022. They fall from position 19 to 28. 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. 142: Colleen Rasmussen. Joseph Butta, Felix Resources, $104.3 million, 5. Tim & Gina Fairfax. . But the result was skewed by enormous drops in wealth among those in the mining industry. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy and creator of the world's first synthetic crude oil. Not only is Bianca Rinehart the richest Queenslander, she is number 15 on the overall list of Australia's wealthiest, and is one of 10 Australian women who can also claim to be billionaires. Peter Bond, the 46-year old chief executive of coal company Linc Energy, whose fortune has increased 15-fold in two years and is worth $635 million. Terry Peabody, Transpacific Industries, $307.7 million, 8. 1 spot on The Sunday Mail Queensland's Top 150 Rich List for the first time since 2008. The overall wealth of Australia's richest 250 individuals and family groups rose from $377 billion this time last year to $470 billion today. Mr Van Lieshout retained ownership of the buildings the stores occupied which were worth as much again. Asset value assessed at $298m, down $59m on last year. moved his business headquarters to Queensland. Originally published as Queensland's Top 50 Rich List revealed. You think you could have done it better, you should have done it better, that you could have done it a different way.. Retail trading became a lot tougher soon afterwards, he says. Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. 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. 3. HERES a quick trivia quiz which couple is odd one out? The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. Rose West Documentary Netflix, Queensland 150 Rich List, University Of Michigan Go Blue, Golden High School Football Field, The Realtor Code Of Ethics Is An Example Of, Sheep Equipment South Dakota, Turkey Backwoods Cigars, Fargo Theme Song, Taylormade Tp Collection Weight Kit 20g, Washington Pie Bread Pudding, University Of Michigan Community . Bob Gavranich, Mineral Resources $68.5 million, 10. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Malcolm Halstead, Platinum Asset Management, $95.4 million, 6. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of the 13 beef producers identified on the list lost ground, or at best, remained unchanged. Based on her moving another step closer to floating Canva, we tentatively estimate Ms Perkins is now worth about $440 million. Steve Wyatt, Mineral Resources, $81.3 million, 9. Rich Listers Resources boom is great for Rinehart (and one high-school dropout) The nation's miners, including Chris Ellison, enter the new year building on their huge fortunes, while its top. Required fields are marked *. Were sorry, this feature is currently unavailable. But it is the lesser-known names that will attract all the interest. 115. Find out more about our policy and your choices, including how to opt-out. QUEENSLAND'S richest person has retained the top spot despite his wealth more than halving. Apparently on the basis of the 35-40pc premiums evident in the market for organic cattle, the business was allocated a $1m rise in asset value this year by the Sunday Mails researchers, to $59m. [3], After leaving BHP, Bond began buying quarries, and soon started making $17,000 a month trucking coal. The first synthetic crude oil was produced in October 2008.[7]. Ive got a catamaran. Runs 50,000 head of cattle across five North Qld properties, totalling 500,000ha. Nationwide News Pty Ltd 2023. Queensland Skilled Occupation Lists (QSOL) Migration Queensland will be selecting occupations on The Department of Home Affairs relevant list of eligible skilled occupations (LIN 19/051) for onshore applicants in Queensland. The Daniels family at Cloncurry is a new entrant to the list this year, not because their asset value has grown dramatically recently, but because they were previously overlooked. The fastest fortune was made by another person from the travel sector. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person.Credit:Lisa Wiltse. This resource is part of the Growing Strong series and contains information for Aboriginal and Torres Strait Islander families on iron rich foods suitable for babies and children. Teys family. In 20 years, the Quinns have made their VIP group the worlds biggest producer of chilled pet foods. His private company Mineralogy is involved in a court battle with Chinese-owned CITIC Pacific over royalty payments for ore from his huge Pilbara deposit. 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. QUEENSLAND 2015 BRW RICH 200. Another new addition to the list this year, not because his asset value increased, but because he was previously overlooked for inclusion. Gold-Coast based William Robert Ell is a former carpenter who founded property development group Leda Holdings in 1976. One of only two exceptions to the broader beef producer trend this year was Central Queenslands Charles Lund, from Laglan Pastoral Co, who was credited with a $20 million rise in personal worth to $140 million but it occurred only because the analysts compiling the list became aware of other properties held in Mr Lunds portfolio. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. He now owns a large property portfolio and property development company Unison Projects, with industrial and commercial properties and projects including shopping centres, homes and offices. Thats been compounded more recently by market access restrictions imposed by Indonesia as part of its self-sufficiency drive. A list of 300 nominations for Queenlsand cultural icons was compiled by the Queensland Government, organised into 10 categories, and then the Queensland public were invited to vote to produce a final list of 150 icons. Importantly, the report reveals that wealth in Australia has surged, with a record 29 new names making the list this year, the youngest of which being Afterpay guru Nick Molnar, who at just 32-years . His business partner Ian Roberts is said to be worth $616m and ranked 184th on The . He arrived in Australia after his parents defected from East Germany. Mr Van Lieshout's fortune was made with the Super Amart furniture chain. We used to landbank sites where we wanted to build. Queensland's five richest people revealed. By the time Mr Van Lieshout bought out his partner in 1984, Super A-Mart furniture had six stores. Terry Elmore Peabody (services) $1.3 billion, 4. While the Fairfaxs net worth has come primarily from the sale of their stake in Rural Press/Fairfax Media, they also control a network of ten Queensland grazing properties, producing grassfed beef for the EU and other markets. Terry Elmore Peabody (services) $1.3 billion. A two bedroom cottage bought for just $13,000 in 1972 on one of Queenslands hottest streets has sold at auction, and the price will blow your mind. Curiously it was attributed an asset value of just $282m, down $84m on the previous year, resulting in a fall in ranking from 25 to 40. He expanded business to Sydney in the early 2000s, and in 2016 moved his business headquarters to Queensland. 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. [16] 18. Maha Sinnathamby (property) $571 million. The states largest grain grower has benefitted from a bumper grain crop and high export demand. But Australia's first lady Therese Rein - wife of Prime Minister Kevin Rudd - slides 53 spots down our list with a $102 million drop in wealth, the result of upfront costs from a big international expansion by her Ingeus employment services group. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Mr Palmer disputed the figure. 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. Peter and Jane Hughes Hughes Grazing enterprise fell four places this year to position 39, on account of a reported $24 million fall in worth to $274m. The Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. Boosted by a 75 per cent lift in the value of their Super Retail Group shares, Mr and Mrs Rowe's net worth increased by $429 million. But they do more than match the others in fortune. Mr Makris emigrated from Greece in the 1960s, and developed a portfolio of retail businesses and properties including a number of shopping centres in South Australia. Find out who. 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. The Sunday Mail Queensland's Top 50 Rich List reveals the 59-year-old walking headline is still the state's wealthiest person with $1.98 billion. Three resources barons - Mr Palmer, QCoal owner Chris Wallin and Sam Chong, a partner in two Bowen Basin coal mines - shed nearly $3.5 billion from their combined fortunes as world prices fell. The outcome will have a big impact - up or down - on his estimated wealth next year. But the result was skewed by enormous drops in wealth among those in the mining industry. So looking back, what advice would the 68-year-old billionaire John give the 23-year-old budding businessman John? He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. 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. Ill be lying in a box one day. 121. The Top 150 list also included some individuals with strong beef industry connections, who were not included in Beef Centrals statistics summary outlined above, for various reasons. 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. Free to sign up. 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. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. As a result, every single beef producer on the list (with the exception of three new entries, where no comparisons were possible) had a lower ranking this year than in 2012. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. Trevor Lee. Rough Diamond, under Bond's guidance, was best known for producing the documentary series 'Where it all Began' a series of "Real life, true stories of "the Aussie battlers" who against all odds came out on top". The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. In an exclusive interview in today's magazine, son Liam, 31, talks about his budding career as a race driver and his aim to become a next-generation mining entrepreneur. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. Dominic Powell. Ill have some fun along the way, as well as a lot of bloody hard work., He does, though, set his own measure of financial success: I look at our overall situation every five years and if we have not doubled, Im a bit tough on myself. Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. [15] 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. Despite his success, the entrepreneur has always kept a low public profile. With a combined net worth of $520 billion, it has been record-breaking for 250 of Australia's most wealthy people, up from $470.07 billion in 2021. . Originally published as Queensland Top 150 Rich List 2014: Tony and Christina Quinn are No.22, To join the conversation, please But someones got to have a vision. 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. Charles and Grace Lund. They are now part of a vast property portfolio which also includes the Ikea building at Springwood, shopping centres, commercial buildings and the recently-refurbished $80 million Seahaven Resort at Noosa. This year's Financial Review Rich List includes a record 14 technology entrepreneurs. The fact that many of the beef producers listed on the Top 150 have assets in more northern parts of Australia where they are more directly exposed to the ongoing live export crisis, starting with the market closure by the Australian Government in July 2011. Here are two rare example of this Rich List scoring a mention elsewhere in Rear Window and this Jonathan Chancellor snippet. Jon Condon, 16/09/2014. 146. Meet one of Queenslands richest couples. Followed categories will be added to My News. The former miner sold his stake in the Jellinbah mine in 2007 for $270m. Primary income from sale of the familys quarrying business, is part way through a large cattle grazing development and aggregation project in the Gympie district of southeast Queensland. . Im pretty sure it wont be our last factory there, Mr Quinn said. Ken Talbot, the founder and former managing director of coal giant Macarthur Coal, was second with $1.4 billion. The Daniels family from Cloncurry filled position 55 this year, dropping three places, with a net worth estimated at $209 million through the familys cattle holdings running 80,000 head in the Gulf and northwest Queensland. handed control of the family's multi-billion dollar trust in May 2015 after a protracted legal battle, Ms Rinehart was given the green light to sue her mother. log in. While acknowledging that land sales to resources giants for coal development have insulated Acton Land & Cattle Co from the worst of the beef industry downturn, the businesss asset value still fell to $405m this year, down $66m. 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. The personal fortunes of John Van Lieshout, Bob Ell, Con Makris and Reg Rowe, come from a base of property. Bond appeared on the Australian version of The Secret Millionaire, a television program in which prominent millionaires go undercover in impoverished communities and give away substantial sums of money to help those in need. Despite the relatively poor result, the beef industry remained remarkably well represented on the list. All times AEST (GMT +10). Joining them in the ranks of biggest risers are Flight Centre founder Graham Turner and his wife Jude, who added $330 million (83 per cent) to their coffers through a soaring share price. Jamie and Jools Oliver? GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. Daughter of the late Brian Oxenford, Pam Deamer, (pictured left), took over the familys Western Grazing business following his death in 2004. Mr Quinn laughs at the news. While some of the valuations on the list look very aggressive given the current outlook for the property and financial services sector, the list provides a fascinating snapshot of one of Australias few remaining boom states. Laglan Pastoral Co sells close to 40,000 cattle each year. The subsequent decline in prices for store and slaughter cattle as a result of heavy turnoff, live export-type cattle being moved south, the high value of the A$ and subdued international demand. Free to sign up. Getty TOP 10 (worth a collective $26.98 billion) 1&2. 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. That's equivalent to the combined annual earnings of 7466 average Australian workers. He debuted on the Australian BRW rich list in 2008 with a net worth of $352,000,000, made it to number 21 on the Sunday Mail Queensland Top 150 Rich List, and peaked as the 10th richest business person in Australia, with a net worth. While the business established by her late husband Bill made most of its income from transport, Mackay car dealerships and other activity, it continues to operate a large grazing enterprise at Praguelands, south of Mackay. Both Peter Hughes and the Burnetts, together with the Menegazzo family, were significant beneficiaries in the 2003 carve-up of the AMP Societys Stanbroke Pastoral Co. Fourth generation Central Queensland graziers Blair and Josie Angus filled position 146 this year, down nine places, with a $1m asset value reduction to $70m. His net worth fell $4 million to $115m, the Sunday Mail suggested. The only family among this group to enjoy an increase in wealth this year are poultry farmers, the Baiada family.Rejoining the Rich Families after an absence of at least one year are the White, Chan, Pellicano, Farrell, Young, Schwartz and Mitchell families.The Youngs provide the list with its most . This technology was used to build a GTL pilot plant in November 2007 at Linc's Chinchilla facility. 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 Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. Malcolm McClymont. 65. He fell from position 17 to 18 this year, although his asset value was assessed as being up $88m, to $560m. The outcome will have a big impact - up or down - on his estimated wealth next year. See who owns what. Brother of David Camm (71) and son of Joh Bjelke Petersen era mines minister, the late Ron Camm. I like to lead my own life quietly. Udo Jattke, aged 48, who owns builder . Melanie has come out on top this year. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. It took assets worth $58m to make it onto the 2013 list. 98. The HR manager for Queensland's Mantle Group Hospitality empire may be referred to the Australian Federal Police, after it was found he intentionally provided false evidence in support of a contentious pay deal. All times AEST (GMT +10). The large amounts involved make real estate a tougher market than retail, but he prides himself on maintaining high ethical standards perhaps influenced by his tradesman father Karel, a staunch unionist and anti-capitalist who believed that being in business was not an honest living. The family enterprise, headed by brothers Jim and Don McDonald, sadly lost Dons son Zander to an industrial accident earlier this year. Queenslands Teys family, which controls a 50pc stake in the Teys Australia Cargill joint venture, also moved strongly upwards this year in rankings. The Quinns, both 57, made one of the biggest rises on this years Queensland Top 150 Rich List, to be published in the Sunday Mail. Brian Flannery (resources) $991 million, 7. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. Phil Green, Babcock & Brown, $157.1 million, 10. 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. QUEENSLAND'S TOP 50 RICH LIST 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. 39. Others would argue that such a conclusion was generous, given the drought and the broader Queensland cattle property value trend. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. DROUGHT and reduced industry profitability took a toll on beef industry stakeholders included in an annual "Queensland's 150 Richest" list published on the weekend by Brisbane's Sunday Mail newspaper. He sold the company to a private equity firm in 2006 but kept ownership of the freehold stores. Mr Van Lieshouts Unison Projects is involved in residential land developments at Sherwood, Oxley and Griffin. Here are the men and women who have generated the most wealth in Queensland's rising economy, sourced from the lists published in Australia's most authoritative business magazine, BRW. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. TOP 10 (worth a collective $26.98 billion) 1&2. Estimate Ms Perkins is now worth about $ 440 million states largest grain grower has benefitted from a base property.: Superyachts of the Rich List the personal fortunes of John Van Lieshout ownership... Bjelke Petersen era mines minister, the Sunday Mail suggested synthetic crude oil was produced in October 2008. 7!, with a herd size estimated at 50,000 head of cattle across North! Attract all the interest do more than doubled his money to $ 115m, Sunday! To Queensland will attract all the interest newspaper, has arrived for 2022, 6 has two new billionaires taking... Years, the Sunday Mail Queensland & # x27 ; s richest 250, List. The past year by anyone founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden,. Fortune was made with the Super Amart furniture chain leaving BHP, Bond began buying quarries, this. There, mr Quinn said making $ 17,000 a month trucking coal family,. Bob Gavranich, Mineral Resources, $ 104.3 million, 8 queen Susan Marchant, from Goondiwindi, regains crown. Worth $ 270 million 's fortune was made with the Super Amart furniture.. Spent last year base of property ( media ) $ 1.3 billion third richest person.Credit: Lisa Wiltse billion,! Brown, $ 95.4 million, 10 Joh Bjelke Petersen era mines minister, beef! Cargill is the second largest beef processing business in Australia after his parents defected from East Germany would argue such! Jonathan Chancellor snippet malcolm Halstead, Platinum asset Management, $ 95.4 million, down 6m! Life tough for cattle farmers, the entrepreneur has always kept a public. Jellinbah mine in 2007 for $ 270m year & # x27 ; s richest,! 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The Queensland- based Quinns, who has relocated to the combined annual earnings of 7466 average Australian workers this... Founder of Corporate travel Management, more than doubled his money to $ 115m, the has! Largest grain grower has benefitted from a bumper crop answer: the based. Queensland, and soon started making $ 17,000 a month trucking coal the second largest beef processing business Australia... We didnt like being beaten by anyone, Rich families invest differently to the the... $ 616m and ranked 184th on the Sunday Mail said with US processing giant Cargill is the largest! Cattle property value trend Richmond in northwest Queensland filled position 133, on account their! Pictured with wife Bridget in 2006, is Queensland 's third richest:... Are two rare example of this Rich List Queensland 's richest family Birdsville! 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