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. "I think the iron ore would be worth more than $2 billion alone," he said. 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. A list of 300 nominations for Queenlsand cultural icons was compiled by the Queensland Government, organised into 10 categories, and then the Queensland public were invited to vote to produce a final list of 150 icons. Young tech entrepreneurs are giving mining and property magnates a run for their money - with both wealth and philanthropy - in the annual rundown of Australia's wealthiest. Western Grazing remains one of Queenslands top 10 cattle producers, with eight properties running a Brahman herd of +160,000 cattle. Pick up a copy of today's print edition of The Sunday Mail for the full QUEENSLAND TOP 150 RICH LIST in a 32-page magazine. He finished high school in 1981 and became a metallurgist with BHP. Starting as a junior cleaning windows and toilets at the Royal Art Furniture store in Fortitude Valley, he worked his way up to dispatch and then second-floor bedding sales where he and workmate and lifelong friend John Pilkington supplemented their income by buying trade-ins which they repaired, restored and sold from a garage at weekends. After rejecting several approaches to list the company if I cant understand something after five minutes I dont do it he sold the business to private equity in 2006 for $500 million. Mr Van Lieshout's fortune was made with the Super Amart furniture chain. 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 . But someones got to have a vision. And that means the departure of several high-profile business people, including Crocodile Hunter Steve Irwin's widow Terri, owner of Australia Zoo. From Cairns to Port Maquarie, we built all our own stores, but I only built when I could afford it. Queensland's Top 10 richest businessmen 2008. You can drive a hard bargain. Clive Palmer $1.4 billion . Mr Palmer disputed the figure. 2. The overall wealth of Australia's richest 250 individuals and family groups rose from $377 billion this time last year to $470 billion today. The fact that many of the beef producers listed on the Top 150 have assets in more northern parts of Australia where they are more directly exposed to the ongoing live export crisis, starting with the market closure by the Australian Government in July 2011. He has been valued at $340 million but plans to give all his money away during his career. The family was attributed with 150,000 cattle on properties stretching from the Barkly Tableland to Central Queensland. The O'Shea family was ranked 30th in Queensland's Top 150 Rich List in 2014 worth $342 million. Attention has been drawn to the fact the company is based in Norfolk Island. Reg Rowe is Queensland's fifth wealthiest person. It still fell in rankings, however, from 139 to 149, on the strength of larger asset value increases among other non-beef related listings. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. The Sunday Mail suggests the business is worth $120m, down $13m on last year. Nationwide News Pty Ltd 2023. David and Victoria Posh Beckham? It was very fortunate because, without any real intention, it was excellent timing. Malcolm McClymont. 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. All times AEDT (GMT +11). Just fill out the fields below and we'll send your friend a link to this article along with a message from you. You always think it could be done better. He says the career transition has been made possible by surrounding himself with a small team of wonderful professionals. In 2014 Mr Lieshout knocked controversial Queensland billionaire and former politician Clive Palmer off the number-one spot in Queensland's Top 150 Rich List. But some people are concerned about the ethics of using it. 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. 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. It took assets worth $58m to make it onto the 2013 list. Very nice for some. 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. The Cooks also run a substantial secondary cattle business on their eight farming properties totalling 65,000ha, from their Goondiwindi home base. Media reports at the time claimed they had a net worth of $335 million which was an increase of $73 million from 2013. Boosted by a 75 per cent lift in the value of their Super Retail Group shares, Mr and Mrs Rowe's net worth increased by $429 million. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. Not only is Bianca Rinehart the richest Queenslander, she is number 15 on the overall list of Australia's wealthiest, and is one of 10 Australian women who can also claim to be billionaires. TOP 10 (worth a collective $26.98 billion) 1&2. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person.Credit:Lisa Wiltse. While there remain some obvious omissions and inconsistencies in the list, and it appears to confuse gross and net worth in some cases, it nevertheless serves as a useful benchmark of cattle industry financial health, against other industry sectors. The authors attributed lower cattle values to the reduction in net worth. Dominic Powell. Weve had floods, weve had fires, weve been shot at. Today he is a property investor, including 65,000ha of quality grazing land in Central Qld. Start your own business as soon as you can and do it bigger and better., To join the conversation, please The Fairfaxs filled position 10 on this years Queensland Rich list. The founder of SuperCheap Auto is now a non-executive director of the Super Retail Group. He sold the company to a private equity firm in 2006 but kept ownership of the freehold stores. The second annual Queensland rich list in the Sunday Mail newspaper has unearthed a surprising batch of hot new entrepreneurs in the mining, property and financial services sectors. They tumble from number 16 to 127 on the list, dropping $397 million to $80 million. Father-and-son development team Graeme and Shaun Juniper, whose iconic Surfers Paradise beachfront "Soul" tower was placed into receivership, had an even bigger fall. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of . During the past 12 months they have pushed into the US and will build a factory in Texas in the coming year to supply 3000 stores in that state alone. "Don't be surprised if resources make a good comeback too, the commodities prices had a good run earlier this year, and depending on who you believe in terms of long-term forecasting they could go up pretty rapidly or at least keep going for a while yet," he said. All times AEST (GMT +10). 28. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. John Van Lieshout (property) $1.25 billion, 5. Steve Wyatt, Mineral Resources, $81.3 million, 9. QUEENSLAND 2015 BRW RICH 200. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. 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. Asset value $185m, down $38m on last year. She is now a managing partner of Hemisphere Capital, a London-based firm providing advisory services and capital to companies in the digital media, communications and IT sectors. West Australian Newspapers Limited 2023, Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam. 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. Some of Australias richest people own Queenslands prized island resorts, and this year are planning multimillion-dollar redevelopments. Craig Doyle, aged 43, who runs a property business and is estimated to be worth $270 million. Their estimated worth was $126 million, down $6m on the previous year, with a herd size estimated at 50,000 head. Queensland's five wealthiest people are worth a combined $8.29 billion, according to the 2017 Financial Review Rich List. Contributions that contravene our Comments Policy will not be published. The combined fortunes of north Queensland's richest people have swollen by nearly $100 million over the past year. "I think the iron ore would be worth more than $2 billion alone," he said. The switch at the top reflects a broader change in the fortunes of the Sunshine States super-rich. then Queensland, 32, Western Australia, 21, South Australia, 5 . 1. Graham Scroo Turner Flight Centre travel booking founder runs a substantial Wagyu breeding and growing enterprise at Old Hidden Vale, near Peachester. Alisters brother, Malcolm McClymont slipped nine places in this years list, to 104. In the ultra-elite top five, who are all worth more . The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Asset value: $375m, $40m fall on last year. Peter Camm. 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. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. Beef industry stakeholders (from production through to processing) numbered 15, exceeded only by wealth created from the property market (38 entrants) and retail/wholesale (17 entrants). Find out more about our policy and your choices, including how to opt-out. The Camm Agriculture group runs 60,000 cattle in Central and North Queensland, as well as a modern feedlot on the Darling Downs. But the result was skewed by enormous drops in wealth among those in the mining industry. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. All Rights Reserved, Brisbane hospitality HR manager could be referred to police as Fair Work tosses out pay deal, Three Australian startups that have already raised millions this year, ChatGPT is being used by so many people its servers are struggling to keep up, News Corp aims to think more like a startup, Five factors to consider when pricing products or services, Despite Brambles market domination, the pallet industry is ripe for disruption. Don't have an account? 1 spot on The Sunday Mail Queensland's Top 150 Rich List for the first time since 2008. The HR manager for Queensland's Mantle Group Hospitality empire may be referred to the Australian Federal Police, after it was found he intentionally provided false evidence in support of a contentious pay deal. Terry Elmore Peabody (services) $1.3 billion. 62. That contrasts strongly, however, with the nine entries on the list where beef was their primary source of income. The fastest fortune was made by another person from the travel sector. Paul Little, Toll Holdings, $363.4 million, 6. You want security. Mining mogul Clive Palmer tops The Sunday Mail's Queensland Top 150 Rich List for the sixth successive year - but his fortune has fallen fast. Don't miss out on the headlines from QLD Business. Brian Flannery (resources) $991 million, 7. Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. These include: The latest stories, funding information, and expert advice. Queensland's five richest people revealed. Heather Killen, aged 49, who is valued at $90 million. We went through the floods in 1974. The large amounts involved make real estate a tougher market than retail, but he prides himself on maintaining high ethical standards perhaps influenced by his tradesman father Karel, a staunch unionist and anti-capitalist who believed that being in business was not an honest living. This is still not anywhere near Silicon Valley's richest. But they do more than match the others in fortune. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. former owner-manager of one of the top performing branches of the Bank of Queensland who went on $10 million buying spree racking up luxury real estate, . Meet one of Queenslands richest couples. 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. His net worth fell $4 million to $115m, the Sunday Mail suggested. SEE THE FULL LIST. Retail trading became a lot tougher soon afterwards, he says. The following year Bond signed a deal with Russian Billionaire Roman Abramovich to explore gas to liquid opportunities in Russia,[9] after the two met in a Brisbane restaurant a meeting which was even covered by major international news outlets, including Fox News. SNEAK PEEK: Inside the homes of our richest. The McDonalds are the states biggest private landholders, controlling 3.36 million ha of land, and about 170,000 cattle. Gordon Merchant (manufacturing) $805 million, 10. The subsequent decline in prices for store and slaughter cattle as a result of heavy turnoff, live export-type cattle being moved south, the high value of the A$ and subdued international demand. THEIR wealth rivals that of the Beckhams and the Olivers, but they dont give a s--- about their status. QUEENSLAND'S TOP 50 RICH LIST Pick up a copy of today's print edition of The Sunday Mail for the full QUEENSLAND TOP 150 RICH LIST in a 32-page magazine. Philanthropic donations and other gifts have reduced their net worth below this years minimum for inclusion. I might do a bit of sailing. Mr Van Lieshouts Unison Projects is involved in residential land developments at Sherwood, Oxley and Griffin. A two bedroom cottage bought for just $13,000 in 1972 on one of Queenslands hottest streets has sold at auction, and the price will blow your mind. Find out more about our policy and your choices, including how to opt-out. So looking back, what advice would the 68-year-old billionaire John give the 23-year-old budding businessman John? We opened one store in Virginia and someone in competition put bullet holes in our windows one night.. And one high-profile player is already on the street. McDonald family, MDH Pty Ltd. You'll also receive messages on behalf of our partners. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. The result clearly reflects the extreme stress the Australian, and particularly northern Australian beef industry has been under in the recent past, in comparison with other forms of business. While some of the valuations on the list look very aggressive given the current outlook for the property and financial services sector, the list provides a fascinating snapshot of one of Australias few remaining boom states. In addition to the above summary we have included below a number of other individuals whose primary source of wealth has come from sources other than beef, but who still control very large beef interests: 10. Scroll on to find out who the 10 richest self-made Australians under 40 are for 2021, according to the AFR's 2021 Young Rich List. This year's Financial Review Rich List includes a record 14 technology entrepreneurs. Clive Palmer overtakes property baron Bob Ell to take top spot on Gold Coast rich list. Peter Bond, Self: Secret Millionaire. I like to lead my own life quietly. Emmanuel and Julie Cassimatis, the founders of the successful Storm Financial group, who have been valued at $450 million. She formerly worked as an executive at Yahoo during the dot-com boom and was reported to have earned a salary of $30 million. 3. 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. Getty TOP 10 (worth a collective $26.98 billion) 1&2. Were working to restore it. Jon Condon, 16/09/2014. 29. Id say go for it! The Burnetts filled position 133, on account of their estimated net worth of $85 million. Cotton interests insulated his beef exposure, but his asset value of $336m is still estimated to have fallen $46m compared to last year. Blair and Josie Angus (pictured left). The Quinns, both 57, made one of the biggest rises on this years Queensland Top 150 Rich List, to be published in the Sunday Mail. The eldest of Mrs Rinehart's four children, Ms Rinehart was handed control of the family's multi-billion dollar trust in May 2015 after a protracted legal battle with her mother. Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. Udo Jattke, aged 48, who owns builder . The cut-off for inclusion in the Top 150 rises to $58 million this year from $37 million. Boosted by a 75 per cent lift in the value of their Super Retail Group shares, Mr and Mrs Rowe's net worth increased by $429 million. Australia's Richest 250, a list published annually by The Australian newspaper, has arrived for 2022. 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. Widespread severe drought impact this year across western and northwestern Queensland, and the Northern Territory, and. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. Australia's 10 biggest debuts and their share value increase from 2007 to 2008. log in. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. His herd size was identical at 50,000 head, spread across 400,000ha of country in North Queensland. QUEENSLAND'S richest person has retained the top spot despite his wealth more than halving. While the business established by her late husband Bill made most of its income from transport, Mackay car dealerships and other activity, it continues to operate a large grazing enterprise at Praguelands, south of Mackay. 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. Thats been driven by: Of all the Top 150 businesses listed where beef was identified as the primary income source, just one was given a higher asset value this year than last. 18. 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. . As they were born and raised in Scotland, they also feature in The Sunday Times list of the UKs richest couples, where they rank above the soccer star and his ex-Spice Girls wife; the chef and the Hollywood glamour couple. Love them, hate them, or envy them, Australia's richest people have been announced for 2022 by The Australian's The List. 35. We knew how to buy quality items at a good price from local manufacturers and we didnt like being beaten by anyone. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. The Sunday Mail Queensland's Top 150 Rich List: John Van Lieshout is new No. Joseph Butta, Felix Resources, $104.3 million, 5. I couldnt give a s--- mate, he says with characteristic bluntness. The exclusive list, published today, shows Queensland has two new billionaires, taking the total to six. Between them, three mining magnates Mr Palmer, Chris Wallin and Sam Chong shed $1.8 billion, Revealed: The richlisters who own Qlds 22 most-prized island jewels, Federal Courts tough justice leaves investors in dark. Cattle values to the 2017 Financial Review Rich list 270 million $ 90 million 58m make! 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