Gina Rinehart, with a net worth of $13.81 billion, is second in the Australian Financial Review’s rich list this year.
Rinehart was named Australia’s richest at the beginning of this year by Forbes, but in the AFR‘s list has been surpassed by ‘carboard box king’ Anthony Pratt of Visy Industries ($15.57 billion).
Andrew Forrest, a regular rich lister and founder and chair of Fortescue Metals Group, is ranked eighth with a net worth of $7.99 billion.
Forrest is followed closely behind by Ivan Glasenberg, chief executive of Glencore, who is ranked ninth with a $7.17 billion net worth.
Ambitious politician and owner of Mineralogy Clive Palmer comes in at 15th position, boasting a net worth of $4.09 billion.
Thirteen people in the top 100 rich list have made their fortunes through links with the resources sector. These include mining heiresses Bianca Rinehart (daughter of Gina Rinehart), Angela Bennett (of the late Wright Prospecting co-founder and Lang Hancock’s partner Peter Wright) and Alexandra Burt and Leonie Baldock (of Michael Wright).
Other familiar names in the sector in the list are Chris Wallin of QCoal Group ($1.88 billion), Brian Flannery of White Energy ($1.4 billion) and Sam Chong of Jellinbah Group ($1.24 billion).