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3d ago

Gina Rinehart Retains Top Spot as Australia’s Wealthiest in 2025 AFR Rich List

Australia’s billionaire population reached an all-time high of 161, driven by gains in mining alongside property.

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Gina Rinehart has topped the Australian Financial Review's Rich List for another year, despite a drop in her fortune, while the collective wealth of the country's 200 richest has increased.

Overview

  • Gina Rinehart topped the list for a sixth consecutive year with a net worth of $38.11 billion, despite a $2 billion decline from 2024.
  • The combined net worth of Australia’s 200 richest rose to $667.8 billion as the minimum threshold for entry climbed to $747 million.
  • Australia added 11 new billionaires to reach a record 161, including 16 individuals with fortunes exceeding $10 billion.
  • Mining led wealth creation with a collective $141.3 billion, followed by property at $125.8 billion.
  • Mining magnate Andrew Forrest fell out of the top ten for the first time in over 15 years, while ten debutants featured Stonepeak co-founder Michael Dorrell as the highest-ranked self-made entrant at $13.9 billion.