that youve made it.. 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. Joseph Butta, Felix Resources, $104.3 million, 5. John Van Lieshout . While he no longer has direct control of the group, he owns close to 60 million shares which the AFR reports have risen by about 13 per cent in value in the last year. "We don't have high expectations of improvement over the next year.". He is listed this year at number 27, with a net worth of $383m. Property may be the main industry of the top 200 richest people in Australia, but Stensholt said the resources sector could come back again. Mr Makris emigrated from Greece in the 1960s, and developed a portfolio of retail businesses and properties including a number of shopping centres in South Australia. Bob Gavranich, Mineral Resources $68.5 million, 10. Clive Berghofer is Number 32 on the Top 150 Rich List, worth $320m. The Camm Agriculture group runs 60,000 cattle in Central and North Queensland, as well as a modern feedlot on the Darling Downs. Despite Queensland's mining history, Ms Rinehart is the only rich-lister in Queensland's top five whose wealth has come from the resources sector. The Sunday Mail Queensland's Top 150 Rich List: John Van Lieshout is new No. The McDonalds are the states biggest private landholders, controlling 3.36 million ha of land, and about 170,000 cattle. 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. I couldnt give a s--- mate, he says with characteristic bluntness. Queenslands Teys family, which controls a 50pc stake in the Teys Australia Cargill joint venture, also moved strongly upwards this year in rankings. But some people are concerned about the ethics of using it. Steve Wyatt, Mineral Resources, $81.3 million, 9. 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. 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. TOP 10 (worth a collective $26.98 billion) 1&2. Heres why, How the super rich will be making money in 2008, How hedging can make you more persuasive and benefit your business, My biggest mistake: Spiro Rokos, co-founder and CTO of Slyp, The ATO has updated its guidance on business valuations. Former Rural Press director Tim Fairfax is a good example. The assessments were made at the end of July. Join the conversation, you are commenting as. In an exclusive interview in today's magazine, son Liam, 31, talks about his budding career as a race driver and his aim to become a next-generation mining entrepreneur. [15] Your email address will not be published. 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. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. Queensland has 76 suburbs with a median house price above $1.5m, and now property experts share where they would splash a champagne budget across the state. Cotton interests insulated his beef exposure, but his asset value of $336m is still estimated to have fallen $46m compared to last year. Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. We knew how to buy quality items at a good price from local manufacturers and we didnt like being beaten by anyone. The Quinns, both 57, made one of the biggest rises on this year's Queensland Top 150 Rich List, to be published in the Sunday Mail. 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. GALLERY: Superyachts of the Rich List. In 2013, the O'Shea family, which owns TriCare, was reported as number 43 on Queensland's top 150 rich list. Sundown Pastoral controls 58,000ha of highly productive country breeding and backgrounding cattle for Woolworths. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. But someones got to have a vision. 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. 3. The personal fortunes of John Van Lieshout, Bob Ell, Con Makris and Reg Rowe, come from a base of property. Today he is a property investor, including 65,000ha of quality grazing land in Central Qld. Free to sign up. Defying the adage that the rich always get richer, the combined wealth of the Top 150 individuals, couples and families has fallen $573 million to $39.1 billion over the past 12 months. The fastest fortune was made by another person from the travel sector. A resurgence in the property market after several post-GFC years in the doldrums has made developers and investors the big winners this year. An annual Queensland 150 Rich List compiled by the Sunday Mail newspaper this weekend has exposed the tough conditions being experienced across the beef industry even for the sectors largest stakeholders. Billionaire Bob Ell, pictured with wife Bridget in 2006, is Queensland's third richest person. Reg Rowe is Queensland's fifth wealthiest person. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. Surprisingly, the resources and energy sector accounted for only 12 of the 150 entrants, but they tended to be towards the upper-end of the list. queensland 150 rich list. Two other entries, Simon & David Hall (position 93, $137m) and McLean family (position 95, $134m) hold beef assets including a stake in Legune Station, on the NT/WA border, beef feedlots and feed mills, as part of their broader exposure to pork and egg production through Sunny Queen Farms, which produces half of Australias egg requirements. Ive always had a boat - not particularly big boats.. Attention has been drawn to the fact the company is based in Norfolk Island. Your comment will not appear until it has been moderated. The McDonalds, running around 175,000 head according to the list, occupied position 28, also unchanged. The family runs 80,000 head of cattle on properties in the Gulf and Northwestern Queensland. Goondiwindis Susan Marchant, daughter of the late Ross Marchant, is primarily an irrigated cotton farmer, but also holds substantial cattle interests. Peter Bond, the 46-year old chief executive of coal company Linc Energy, whose fortune has increased 15-fold in two years and is worth $635 million. Teys family. 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. But that is a massive $2.29 billion drop, making him also the biggest loser this year. 41. Last night they told News Corp Australia this amount was "significantly overstated and we didn't seek to correct at the time". Leaving the Top 150 list this year was David and Nell Brooke from Birdsville, who last year were listed at position 149, with a worth of $59 million. Find out who. 95. The former miner sold his stake in the Jellinbah mine in 2007 for $270m. Others would argue that such a conclusion was generous, given the drought and the broader Queensland cattle property value trend. It was very fortunate because, without any real intention, it was excellent timing. [8] The company a signed memorandum of agreement with BP for its jet fuel and was heralding the ability to produce 250,000 litres of jet fuel a year. As a . Of the nine beef industry inclusions in this years list who have appeared in previous years (allowing comparisons to be made), seven of them recorded a significant depreciation in their asset value over the past 12 months. The family enterprise, headed by brothers Jim and Don McDonald, sadly lost Dons son Zander to an industrial accident earlier this year. Contributions that contravene our Comments Policy will not be published. Mr Van Lieshouts Unison Projects is involved in residential land developments at Sherwood, Oxley and Griffin. His herd size was identical at 50,000 head, spread across 400,000ha of country in North Queensland. 39. Reg Rowe is Queensland's fifth wealthiest person.Credit:Glenn Hunt. The Palmer United Party chiefs estimated wealth has been halved, dropping by $1.04 billion to $932 million. Factors such as the live export ban and drought have made life tough for cattle farmers, the Sunday Mail said. That's equivalent to the combined annual earnings of 7466 average Australian workers. [3], As a metallurgist, Bond always had an interest in mining technology and renewable energy, and in 2005 he took over Linc Energy,[6] signing a memorandum with Syntroleum granting a licence to use the company's proprietary gas-to-liquid technology. Daughter of the late Brian Oxenford, Pam Deamer, (pictured left), took over the familys Western Grazing business following his death in 2004. Nicholas Molnar, 31, $2.78 billion (up from $2.22b) - Afterpay 4. The Sunday Mails Top 150 list itself has some questionable inclusions and equally obvious omissions, based both on lack of comprehensive knowledge about individuals operating within the beef sector, and also some doubtful inclusions when net worth/borrowings are considered. The average net worth of those on the list is $260.5 million down from $264.4 million last year. He shifted up two places this year from 18 to 16. Attention has been drawn to the fact the company is based in Norfolk Island. While he has made most of his money via construction/mining services, Curtain Brothers also holds significant cattle production assets in North Queensland. Falls from position 81 to 94 this year. Western Grazing encompasses 165,000 head across eight large grazing properties in northwest Queensland and the NT, producing grassfed cattle. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. "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. Curiously it was attributed an asset value of just $282m, down $84m on the previous year, resulting in a fall in ranking from 25 to 40. The family was attributed with 150,000 cattle on properties stretching from the Barkly Tableland to Central Queensland. Peter Bond, Self: Secret Millionaire. 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. Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. From Cairns to Port Maquarie, we built all our own stores, but I only built when I could afford it. [2], Bond was raised in Camden, New South Wales. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Thats the reason you keep going because you always feel that you have to keep going, says Mr Van Lieshout who, even at the age of 68 with a $1.38 billion fortune, admits he would feel guilty sitting at home in retirement. Jon Condon, 16/09/2014. A new entry this year was John and Jan Burnett, from Bendemeer, near Clermont. 11. 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. Queensland's five wealthiest people are worth a combined $8.29 billion, according to the 2017 Financial Review Rich List. Apparently on the basis of the 35-40pc premiums evident in the market for organic cattle, the business was prescribed a $1m rise in value last year, to $59m. However, when it comes to cold hard cash, the world's richest people come from all different backgrounds. 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. 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. . Noel and Liz Cook. Followed categories will be added to My News. David and Judy Camm and their family operate an integrated supply chain business including 60,000 head of cattle in Central, North and Southern Queensland plus the modern, well developed Wonga Plains feedlot outside Dalby feedlot. All quite low-key. 115. The Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. 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 . Don't miss out on the headlines from QLD Business. But he is pushing ahead with plans to build a replica of the ill-fated ocean liner Titanic and last week claimed early survey results suggest a gas field he owns off Papua New Guinea could be one of the world's biggest. Queensland TriCare's owners Paul O'Shea and sons Peter, John and Damien have had enough spare cash to donate over $80,000 to the Queensland's Liberal National Party in recent years. 71. 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. Don't miss out on the headlines from QLD Business. Like the Daniels family, Alister and Joanne McClymont are new additions to the Top 150 list this year again not because their net worth has grown dramatically recently, but because they were previously overlooked. Don't have an account? Emmanuel and Julie Cassimatis, the founders of the successful Storm Financial group, who have been valued at $450 million. Another new addition to the list this year, not because his asset value increased, but because he was previously overlooked for inclusion. The estimated net wealth of the Gold Coast couple climbed $62 million to hit $438 million and put them at No.22 on the list. 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