Australia's 50 Richest See Wealth Climb 10% to $243 Billion

Tech billionaires drive growth as mining fortunes fluctuate, with Gina Rinehart retaining top spot despite a decline in her wealth.

The combined wealth of Australia's 50 richest individuals rose nearly 10% to $243 billion, according to Forbes' 2025 list.
Gina Rinehart remains the wealthiest Australian with $29 billion, despite a 4% drop in her net worth due to falling commodity prices.
Tech entrepreneurs Mike Cannon-Brookes and Scott Farquhar saw the largest gains, each adding over $4 billion as Atlassian's revenue surged.
Property tycoon Harry Triguboff reclaimed the second spot with $18.8 billion, driven by strong demand for rental housing.
Four newcomers joined the list, including crypto casino founders Ed Craven and Bijan Tehrani, who are the youngest billionaires listed.