Fortunes of Australia's richest 200 people surge to $625 billion

Australia News News

Fortunes of Australia's richest 200 people surge to $625 billion
Australia Latest News,Australia Headlines
  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

While the cost of eating and finding a home grew for many Australians, business was booming for the richest 200 people.

Gina Rinehart has been officially named the richest Australian for the fifth year running, according to the 2024 Financial Review Rich List.

While the cost of eating and finding a home grows for many Australians, business was booming for the richest 200 people, who grew their fortunes by 11 per cent. Joint third place goes to the tech billionaire and Rabbitoh's co-owner Mike Cannon-Brookes, alongside his former partner Annie Cannon-Brookes. Their combined assets of $24.38 billion dollars have not yet been split up in their recent separation.To break onto the list, the data shows you'll need to have more than $718 million in assets and cash.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

9NewsAUS /  🏆 10. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hundreds of families left hanging as major school photography company closesHundreds of families left hanging as major school photography company closesAcademy Photography Australia&x27;s liquidation has affected about 200 schools.
Read more »

ASX 200 LIVE: Australian shares to open lower, Nvidia surges higher in New YorkASX 200 LIVE: Australian shares to open lower, Nvidia surges higher in New YorkAustralian shares to drop. BHP deadline fast approaching. Nvidia’s market cap surges towards Apple. Monthly inflation data at 11.30am. Follow updates here.
Read more »

ASX 200 LIVE: Australian shares are poised to open higher, April retail sales data is awaitedASX 200 LIVE: Australian shares are poised to open higher, April retail sales data is awaitedASX futures up 0.1pc. Gold, silver, copper rise. UK, US markets were closed. Lendlease, BHP and Healthscope in focus. Follow here.
Read more »

ASX 200 LIVE: Australian shares to bounce after US tech rally; Lendlease to pivot global strategyASX 200 LIVE: Australian shares to bounce after US tech rally; Lendlease to pivot global strategyAustralian shares are poised to start the week higher. Mag 7 stocks gain in US trading on Friday. Lendlease strategy update awaited. Follow for more
Read more »

Ukraine's president says 200 people were inside Kharkiv mall hit by Russian missileUkraine's president says 200 people were inside Kharkiv mall hit by Russian missileTwo people have been confirmed dead and dozens were injured after a hardware store was struck.
Read more »

ASX 200 LIVE: Australian shares to tumble at the open, commodities retreat, Wall St sinksASX 200 LIVE: Australian shares to tumble at the open, commodities retreat, Wall St sinksAustralian shares are set to tumble. US data bolsters case for higher rates for longer. Boeing paces Dow sell-off. Nvidia leaps 9.3pc. Follow updates here.
Read more »



Render Time: 2025-02-16 09:06:43