Top 10 Richest People in Australia 2025 – Forbes Billionaires List
Australia's wealth landscape is undergoing transformation. As of early 2025, the country has 47 billionaires and approximately 2.2 million millionaires, with their collective fortunes continuing to rise despite global market volatility. Mining, technology, and real estate dominate the sources of wealth, but the tech sector is showing strong momentum.
• Tech surge: Tech now accounts for 4 out of the top 10 wealthiest Australians, signaling a diversification away from mining.
• Generational shift: Younger billionaires (Perkins and Obrecht) are reshaping Australia’s wealth dynamics, contrasting with veteran figures like Triguboff and Lowy.
• Global: While Australia’s ultra-wealthy class is small compared to the U.S. or China, it ranks highly on a per capita basis and reflects a mature but evolving economy.
Wealth Trends in Australia and Global Comparison (2025)• Total Billionaires in Australia: 47 • Total Millionaires: Approx. 2.2 million • Female Billionaires in Top 10: 1 (Melanie Perkins) • Youngest Billionaires: Melanie Perkins & Cliff Obrecht (both 37) • Oldest Billionaire: Frank Lowy (94) |
Top 10 Richest Billionaires in Australia in 2025
1. Gina Rinehart
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| Gina Rinehart - Australia’s Richest Billionaire |
Net Worth: US$29 billion
Age: 69
Industry: Mining
Company: Hancock Prospecting
Overview: The matriarch of Australia’s mining sector, Rinehart retains the top position, despite iron ore price pressures. Hancock Prospecting continues to thrive, with key projects in Western Australia driving significant profits.
Read more: Who is Gina Rinehart - Richest Person in Australia: Biography, Personal Life And Net Worth
2. Harry Triguboff
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| Australia’s most powerful property developer, billionaire Harry Triguboff, Managing Director of Meriton |
Net Worth: US$18.8 billion
Age: 91
Industry: Real Estate
Company: Meriton Group
Overview: One of the country’s most prolific property developers, Triguboff’s Meriton Group has capitalized on the surging rental market in Sydney and Brisbane, particularly in the high-rise residential sector.
3. Mike Cannon-Brookes
Net Worth: US$18.3 billion
Age: 45
Industry: Technology
Company: Atlassian
Overview: Co-founder and co-CEO of Atlassian, Cannon-Brookes has diversified his investments into renewable energy and agriculture, while Atlassian’s cloud services continue expanding globally.
4. Scott Farquhar
Net Worth: US$17.9 billion
Age: 45
Industry: Technology
Company: Atlassian
Overview: Farquhar, the other half of Atlassian’s founding duo, is also an active investor in Australian tech startups and education initiatives. He recently launched a new venture capital arm to back regional tech innovation.
5. Andrew Forrest
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| Billionaire miner Andrew Forrest |
Net Worth: US$16.1 billion
Age: 63
Industry: Mining & Renewables
Company: Fortescue Metals Group
Overview: "Twiggy" Forrest’s wealth dipped due to falling iron ore prices, but his aggressive investments in green hydrogen and renewables have positioned him as a climate-focused industrialist.
6. Anthony Pratt
Net Worth: US$8.7 billion
Age: 65
Industry: Packaging & Recycling
Company: Visy Industries, Pratt Industries
Overview: The head of Visy, one of the world’s largest packaging and recycling businesses, continues to grow his U.S. operations, capitalizing on surging demand for sustainable materials.
7. Melanie Perkins
Net Worth: US$6.5 billion
Age: 37
Industry: Technology
Company: Canva
Overview: As Canva’s CEO, Perkins is Australia’s richest self-made woman. Canva’s AI-powered design tools and aggressive expansion into enterprise software markets have boosted company valuation and Perkins’ wealth.
8. Cliff Obrecht
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| Melanie Perkins and Cliff Obrecht |
Net Worth: US$6.5 billion
Age: 37
Industry: Technology
Company: Canva
Overview: Perkins' husband and Canva co-founder, Obrecht oversees international operations and the company’s philanthropy initiatives, including Canva’s focus on nonprofit sector support.
 Who Is Melanie Perkins – Canva’s CEO: Biography, Personal Life and Net Worth |
9. Richard White
Net Worth: US$6.1 billion
Age: 68
Industry: Technology
Company: WiseTech Global
Overview: Founder of logistics software firm WiseTech Global, White has capitalized on growing demand for supply chain optimization technology, particularly as global shipping disruptions continue.
10. Frank Lowy
Net Worth: US$5.7 billion
Age: 94
Industry: Real Estate & Investments
Company: Westfield Corp (formerly), Lowy Family Group
Overview: Although Westfield was sold in 2018, Lowy remains influential via his family's private equity and property investments, maintaining his status as one of Australia’s wealth stalwarts.
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| Australia vs. Other Economies |
