The family runs 80,000 head of cattle on properties in the Gulf and Northwestern Queensland. Find out who. By the time Mr Van Lieshout bought out his partner in 1984, Super A-Mart furniture had six stores. BILLIONAIRE turned politician Clive Palmer has relinquished the No. Nationwide News Pty Ltd 2023. But the result was skewed by enormous drops in wealth among those in the mining industry. queensland 150 rich list. Heres a list of the beef producers included in this years Qld 150 wealthy list, and how they fared, according to the Sunday Mail: The estate of the late Graeme Acton, who died tragically in a campdrafting accident earlier this year, emerged as the lists highest-ranked beef producer, with an estimated worth of $405 million, unchanged from last year. That's the case with many of Queensland's richest relationships including Linda van Lieshout who, with husband John, built the Super A-Mart furniture chain from one store before selling to focus on property investment, and Suman Mohan who came to Australia with husband Jiwan as almost penniless migrants in 1976 and now own a $1billion-a . You can drive a hard bargain. Tim Fairfax (media) $1.32 billion. BILLIONAIRE turned politician Clive Palmer has relinquished the No. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. "Now there's property booms everywhere including Queensland so it's probably the main base of people's wealth there now.". 98. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. He became a millionaire by age 26. "I mean we've still got Clive Palmer on the list for example - he could be worth a lot more if he ever wins his legal battle, but at the moment he's still got a lot of property and that's probably the basis of his wealth really at the moment.". Save my name, email, and website in this browser for the next time I comment. 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. WA Rich List 2019: 40 to 31 | The West Australian WA Rich List 2019 WA's 50 wealthiest and how they did it 40 to 31 Editors: Neale Prior, Ben Harvey This content is proudly supported by Abercrombie & Kent When someone like John Hughes says we are overvaluing him, the team at the West Australian Rich List listen. Required fields are marked *. Bianca Rinehart, pictured in Sydney in 2015, is Queensland's richest person. 85. Filling position 91 this year is a new entrant, and obvious omission from the 2013 Top 150 list, Brendan Menegazzo. 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. John Fitzgerald, aged 45, chief executive of the JLF Corporation, a property marketing and financial services group turning over $300 million. 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. . Kerr Neilson, Platinum Asset Management, $1,346.2 million, 2. While the majority of his asset value revolves around the $1 billion annual turnover Australian Country Choice processing business supplying more than half of Coles national requirements, Trevor Lee is also a large beef producer in his own right, controlling 433,000ha owned and 230,000ha leased and managed to supply 150,000 cattle each year for the ACC program. Daughter of the late Brian Oxenford, Pam Deamer, (pictured left), took over the familys Western Grazing business following his death in 2004. 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. 1 spot on The Sunday Mails Queensland Top 150 Rich List for the first time since 2008. 40. 4. That cancelled out an impressive rise of nearly 11 per cent in the fortunes of others on the list, with some adding hundreds of millions of dollars to their bank balances. In March this year, Ms Rinehart was given the green light to sue her mother over alleged misconduct in managing their trust, claiming Hancock Prospecting failed to pay the sibling certain dividends worth about $120 million each. 149. Originally published as Queensland Top 150 Rich List 2014: Tony and Christina Quinn are No.22, To join the conversation, please Asset value estimated at $209m. So looking back, what advice would the 68-year-old billionaire John give the 23-year-old budding businessman John? 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 . The family enterprise, headed by brothers Jim and Don McDonald, sadly lost Dons son Zander to an industrial accident earlier this year. Former Beef Australia chairman Geoff Murphys primary business is in construction, but he holds quality assets in Central Queensland grazing operations. Bonds appearance and $300,000 donation were widely praised as being among the most generous of the series. Brian Flannery (resources) $991 million, 7. And one high-profile player is already on the street. Mr Van Lieshouts Unison Projects is involved in residential land developments at Sherwood, Oxley and Griffin. Overall, the combined worth of Queensland's richest individuals, couples and families is virtually unchanged from 2012, rising just $7 million to $39.65 billion. [10], After Linc Energy entered voluntary administration in 2016, following a court case which was later dropped,[11] Bond put his energy into the restoration of Dunk Island,[12] before starting renewable energy business, Infinite Power.[13]. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. Find out more about our policy and your choices, including how to opt-out. Melanie Perkins and Cliff Obrecht, 34 & 35, $16.5 billion (up from $3.43b) - Canva 3. Ken Talbot, the founder and former managing director of coal giant Macarthur Coal, was second with $1.4 billion. That's equivalent to the combined annual earnings of 7466 average Australian workers. He arrived in Australia after his parents defected from East Germany. Attention has been drawn to the fact the company is based in Norfolk Island. This list is incomplete, as not all companies . Another new entry, in this case perhaps linked to recent acquisitions, rather than lack of prior research knowledge by the researchers. The Sunday Mail says Mr Menegazzo is an equal partner in Stanbroke Pastoral Co with his siblings Debra and David, but is listed because he is the only one of the three living in Queensland. Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. From business tycoons, heirs to family fortunes, tech gurus, actors, rappers, and online celebrities, the rich and famous enjoy lavish lives: 5th Avenue spending sprees, private jets, oceanside mansions, and extravagant jewelry. The estimated net wealth of the Gold Coast couple climbed $62 million to hit $438 million and put them at No.22 on the list. THEIR wealth rivals that of the Beckhams and the Olivers, but they dont give a s--- about their status. Someones got to have a goal.. The Sunday MailQueensland's Top 50 Rich List reveals the 59-year-old walking headline is still the state's wealthiest person with $1.98 billion. that youve made it.. 43. He was on the BRW Rich List in 2001 valued at $150 million. The family was attributed with 150,000 cattle on properties stretching from the Barkly Tableland to Central Queensland. Heres what you need to know to avoid tax penalties, The benefits and potential drawbacks of a CEO directly engaging with customers. In 1969, the 23-year-old and his new bride Linda used their $2000 house deposit savings to open a furniture store with Mr Pilkington in Coopers Plains on Brisbanes southside. [16] As a result the Actons fell from 18th position on the list last year year to 24th in 2013. The subsequent decline in prices for store and slaughter cattle as a result of heavy turnoff, live export-type cattle being moved south, the high value of the A$ and subdued international demand. Charles and Grace Lund. Mark Rowsthorn, Toll Holdings/Asciano, $339.6 million, 7. Falls from position 81 to 94 this year. We used to landbank sites where we wanted to build. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Get the latest business news, funding information, and expert advice. Rising one position this year to 97th on the list was Peter Camm, brother of David, listed above. But someones got to have a vision. Paul McDonald. 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 of $572,000,000. Teys family. Terry Elmore Peabody (services) $1.3 billion, 4. 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. You can opt-out at any time. Register, Join the conversation, you are commenting as Logout. Despite the relatively poor result, the beef industry remained remarkably well represented on the list. SEE THE FULL LIST. Keywords Growing Strong, breastfeeding, Introduction of solids, indigenous, Aboriginal, Torres Strait Islander, baby food, children, iron, anaemia, healthy food Brother of Alister McClymont (85), the pair operate independently. The Camm Agriculture group runs 60,000 cattle in Central and North Queensland, as well as a modern feedlot on the Darling Downs. 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 . 2. Mr Chong, whose fortune dipped by more than a third, said: "Times are bad but our heads are still above water. 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. Id say go for it! 1. The Camms fell from position 58 last year, with asset value of $166m, a decline of $21 million in 12 months, according to the Sunday Mail's rankings. . Peter and Jane Hughes and sons run more than 150,000 cattle on 2.24 million ha in Qld and the NT. Richest Australians 2022. The plant was commissioned in August 2008. John Van Lieshout . Queensland's Top 10 richest businessmen 2008. [15] Cotton interests insulated his beef exposure, but his asset value of $336m is still estimated to have fallen $46m compared to last year. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. Find out who. They fall from position 19 to 28. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. However it provides a worthwhile snapshot of the state of play at the big end of the production sector, in the biggest beef producing state. . With over 10 years' experience in business advisory, I have worked with a number of family groups, some of which have featured on the Queensland Top 150 Rich List. Some of Australias richest people own Queenslands prized island resorts, and this year are planning multimillion-dollar redevelopments. And one high-profile player is already on the street. QUEENSLAND'S richest person has retained the top spot despite his wealth more than halving. A Queensland Skilled Occupation List (QSOL) for offshore applicants is available here. Western Grazing remains one of Queenslands top 10 cattle producers, with eight properties running a Brahman herd of +160,000 cattle. Weve had floods, weve had fires, weve been shot at. We went through the floods in 1974. 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. The combined net worth of the top 100 on the list still trails the pre-Global Financial Crisis level at $35.4 billion - $1.8 billion below the 2008 total. Im pretty sure it wont be our last factory there, Mr Quinn said. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. The cut-off for inclusion in the Top 150 rises to $58 million this year from $37 million. log in. Free to sign up. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. 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. The outcome will have a big impact - up or down - on his estimated wealth next year. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. Udo Jattke, aged 48, who owns builder Glenwood Homes and is valued at $300 million. 52. 95. It stays forever. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. "I think the iron ore would be worth more than $2 billion alone," he said. The Sunday Mail suggests the business is worth $120m, down $13m on last year. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. 11. 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. The Burnetts filled position 133, on account of their estimated net worth of $85 million. 1. A new entry this year was John and Jan Burnett, from Bendemeer, near Clermont. Fifteen individuals, couples and families from the region make it into the latest edition of Queensland's top 150 rich list, which is published exclusively in The Sunday Mail tomorrow. Save my name, email, and website in this browser for the next time I comment. Your comment will not appear until it has been moderated. 137. Laglan Pastoral Co sells close to 40,000 cattle each year. Mr Palmer disputed the figure. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. While he has made most of his money via construction/mining services, Curtain Brothers also holds significant cattle production assets in North Queensland. His herd size was identical at 50,000 head, spread across 400,000ha of country in North Queensland. All times AEDT (GMT +11). 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. Their estimated worth was $126 million, down $6m on the previous year, with a herd size estimated at 50,000 head. Philip Sullivan, City Pacific 152.8 million, Source: BRW (Note: Some shares may have been sold in past year). Asset value $185m, down $38m on last year. Queenslands Teys family, which controls a 50pc stake in the Teys Australia Cargill joint venture, also moved strongly upwards this year in rankings. Van Lieshouts Unison Projects is involved in residential land developments at Sherwood, and. What you need to know to avoid tax penalties, the founder and former managing of! Wealthiest woman after a bumper crop Holdings/Asciano, queensland 150 rich list 16.5 billion ( up from 37... Feedlot on the List was peter Camm, brother of David, listed above Island resorts, and in! Island resorts, and obvious omission from the 2013 Top 150 rises to $ 131 million 68-year-old billionaire John the! A bumper crop the Beef industry remained remarkably well represented on the street Rowsthorn, Toll Holdings/Asciano $! Has retained the Top 150 Rich List in 2001 valued at $ 150 million Top spot despite wealth. Of prior research knowledge by the researchers in North Queensland and this are... 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