We used to landbank sites where we wanted to build. 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. "I think the iron ore would be worth more than $2 billion alone," he said. "We don't have high expectations of improvement over the next year.". Worth: $1.14 billion Industry: Property, retail. 1 spot on The Sunday Mails Queensland Top 150 Rich List for the first time since 2008. 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. WHOS TAKEN HIS PLACE? The Fairfaxs filled position 10 on this years Queensland Rich list. 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. Teyss joint venture with US processing giant Cargill is the second largest beef processing business in Australia. Please try again later. Sport Liquidators have been appointed to troubled Brisbane builder PlanBuild leaving 40 homes unfinished including one customer "left with a pile of . Alisters brother, Malcolm McClymont slipped nine places in this years list, to 104. The result is driven by massive drops in the resources and energy sector. I bring a practical. Sir Mick Curtain. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. The daughter of the late cattle baron, Brian Oxenford, Pam Deamer, this year occupied position 71, down nine places, due to a $7 million fall in net worth to $178m. David and Victoria Posh Beckham? Bob Gavranich, Mineral Resources $68.5 million, 10. Asset value $71m. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Mr Quinn laughs at the news. 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. SEE THE FULL LIST. The Camms fell from position 58 last year, with asset value of $166m, a decline of $21 million in 12 months, according to the Sunday Mail's rankings. The Brooks business still fell in the overall Top 150 rankings, however, sliding from position 139 to 149, on the strength of larger asset value increases among other non-beef related business listings. 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. The Camm Agriculture group runs 60,000 cattle in Central and North Queensland, as well as a modern feedlot on the Darling Downs. Jon Condon, 16/09/2014. The cut-off for inclusion in the Top 150 rises to $58 million this year from $37 million. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. Primary income from sale of the familys quarrying business, is part way through a large cattle grazing development and aggregation project in the Gympie district of southeast Queensland. I might do a bit of sailing. With over 10 years' experience in business advisory, I have worked with a number of family groups, some of which have featured on the Queensland Top 150 Rich List. [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. In contrast to the general trend, which saw 87 of the entrants expand their wealth last financial year, most of the 13 beef producers identified on the list lost ground, or at best, remained unchanged. Queensland's cotton queen Susan Marchant, from Goondiwindi, regains the crown as the state's wealthiest woman after a bumper crop. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. 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. Philip Sullivan, City Pacific 152.8 million, Source: BRW (Note: Some shares may have been sold in past year). 65. John Fitzgerald, aged 45, chief executive of the JLF Corporation, a property marketing and financial services group turning over $300 million. In a rags-to-riches story, Reg and Hazel Rowe have joined the exclusive club after turning a mum-and-dad business selling car accessories out of the garage of their suburban home into a giant retail empire including Supercheap Auto. 28. 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. Originally published as Queensland's Top 50 Rich List revealed. Goondiwindis Susan Marchant, daughter of the late Ross Marchant, is primarily an irrigated cotton farmer, but also holds substantial cattle interests. Rough Diamond also included a community foundation which received part of the company's profits. QUEENSLAND 2015 BRW RICH 200. Were sorry, this feature is currently unavailable. Trevor Lee. Asset value assessed at $298m, down $59m on last year. . [3] Bond debuted on the Australian BRW rich list in 2008 with a net worth of $352,000,000,[4] made it to number 21 on the Sunday Mail Queensland Top 150 Rich List[5] and peaked as the 10th richest business person in Australia, with a net worth of $572,000,000. Rupert Murdoch, News Corporation, $3,604.6 million, 2. In a rags-to-riches story, Reg and Hazel Rowe have joined the exclusive club after turning a mum-and-dad business selling car accessories out of the garage of their suburban home into a giant retail empire including Supercheap Auto. These include: The latest stories, funding information, and expert advice. Reg Rowe is Queensland's fifth wealthiest person. 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. 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. The Sunday Mail suggests the business is worth $120m, down $13m on last year. Join the conversation, you are commenting as. The Brookss run 40,000 Certified Organic cattle on 3.49 million ha from their base at Adria Downs, Birdsville. 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. You'll also receive messages on behalf of our partners. Mr Palmer expects a decision by March and, having won smaller related cases, says he is confident. Mr Palmer disputed the figure. 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. His private company Mineralogy is involved in a court battle with Chinese-owned CITIC Pacific over royalty payments for ore from his huge Pilbara deposit. Brothers Graeme (pictured left) and Evan Acton and families run about 150,000 cattle across Central and Northwestern Queensland. We just about lost everything there. He shifted up two places this year from 18 to 16. He still needs government approval for a proposed $6.4 billion mega-mine, rail link and port in central Queensland. And one high-profile player is already on the street. 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. "In the resources boom probably only about five years ago that would have been a bit more dominant in Queensland because the property market was down a bit then," he said. 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. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. Gordon Merchant (manufacturing) $805 million, 10. But that is a massive $2.29 billion drop, making him also the biggest loser this year. Emmanuel and Julie Cassimatis, the founders of the successful Storm Financial group, who have been valued at $450 million. Jamie and Jools Oliver? In a rags-to-riches story, Reg and Hazel Rowe have joined the exclusive club after turning a mum-and-dad business selling car accessories out of the garage of their suburban home into a giant retail empire including Supercheap Auto. THEIR wealth rivals that of the Beckhams and the Olivers, but they dont give a s--- about their status. The other billion-dollar debutant is Bob Ell, one of Australia's biggest property tycoons, who has relocated to the Gold Coast. 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. Widespread severe drought impact this year across western and northwestern Queensland, and the Northern Territory, and. 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. 'The List' is the largest annual study of . SNEAK PEEK: Inside the homes of our richest. The Richest People In Queensland, AU. 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. Rich List editor John Stensholt said mining would have featured more heavily in Queensland's rich list half a decade ago. "We don't have high expectations of improvement over the next year.". In 2012, in a world-first, Bond flew 4,000km across Australia in a jet powered by the fuel produced at Linc Energy's gas to liquid plant in Chinchilla. Alister & Joanne McClymont from Richmond in northwest Queensland filled position 101 in this years list, dropping 16 places. 1. He says the career transition has been made possible by surrounding himself with a small team of wonderful professionals. Based on her moving another step closer to floating Canva, we tentatively estimate Ms Perkins is now worth about $440 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. The first synthetic crude oil was produced in October 2008.[7]. They run more than 50,000 head of cattle on seven North Queensland properties under their AJM Pastoral Co banner based at Burleigh Station, north of Richmond. 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. A resurgence in the property market after several post-GFC years in the doldrums has made developers and investors the big winners this year. The fastest fortune was made by another person from the travel sector. Asset value: $375m, $40m fall on last year. The McDonalds, running around 175,000 head according to the list, occupied position 28, also unchanged. And that means the departure of several high-profile business people, including Crocodile Hunter Steve Irwin's widow Terri, owner of Australia Zoo. 98. Controlling a herd of 150,000 cattle, the Acton family was ranked 24 on the list, also unchanged from a year earlier. Three resources barons - Mr Palmer, QCoal owner Chris Wallin and Sam Chong, a partner in two Bowen Basin coal mines - shed nearly $3.5 billion from their combined fortunes as world prices fell. The Sunday Mail suggested he spent last year buying grazing land for rock bottom prices.. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. All times AEDT (GMT +11). You want security. Inside Qld trophy home that has footy players scrumming for a win, First time in 50 years: Qld cottage sells for eye-watering price, Dream homes: Top prestige suburb picks in Qld for 2023 revealed, FIT FOR A QUEEN: Pollies $23,000 gift tops register, Queensland Top 150 Rich List 2014: Tony and Christina Quinn are No.22. HOW QUEENSLANDS RICHEST MAN MADE IT TO NUMBER ONE. Ken Talbot, the founder and former managing director of coal giant Macarthur Coal, was second with $1.4 billion. But the result was skewed by enormous drops in wealth among those in the mining industry. The Sunday MailQueensland's Top 50 Rich List reveals the 59-year-old walking headline is still the state's wealthiest person with $1.98 billion. Late coal baron Ken Talbot's widow Amanda and children remain Queensland's richest family. The assessments were made at the end of July. Footy players across two codes are reportedly jostling to win a trophy home in Queensland, and this one has some seriously cool features. Nationwide News Pty Ltd 2023. They are led by Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes who are in the top 10 for the. [16] Ill be lying in a box one day. Queensland's Top 10 richest businessmen 2008, 3. McDonald family, MDH Pty Ltd. Asset value estimated at $209m. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. The fastest fortune was made by another person from the travel sector. Your email address will not be published. He was on the BRW Rich List in 2001 valued at $150 million. He now owns a large property portfolio and property development company Unison Projects, with industrial and commercial properties and projects including shopping centres, homes and offices. 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. 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. Reg Rowe is Queensland's fifth wealthiest person.Credit:Glenn Hunt. And Toowoomba-based family, the Wagners, who are building their own airport on the city's outskirts, have burst into the top 10. Clive Palmer (resources) $1.5 billion. 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. Media reports at the time claimed they had a net worth of $335 million which was an increase of $73 million from 2013. The Sunday Mail put their asset value at $780 million (unchanged from last year). He fell from position 17 to 18 this year, although his asset value was assessed as being up $88m, to $560m. MINING mogul and would-be politician Clive Palmer's fortune has been halved over the past year. 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. Don't have an account? 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. But the result was skewed by enormous drops in wealth among those in the mining industry. Weve had floods, weve had fires, weve been shot at. The authors attributed lower cattle values to the reduction in net worth. But that is a massive $2.29 billion drop, making him also the biggest loser this year. 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. He is listed this year at number 27, with a net worth of $383m. 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. . Jamie Pherous, founder of Corporate Travel Management, more than doubled his money to $131 million. Palmer United Party leader Clive Palmer loses half of his fortune Mining magnate's empire dropped by $1.04 billion to $932 million First time he has not been on top of Queensland's richest. Peter Bond, Linc Energy, $161.2 million, 4. 52. that youve made it.. The Daniels family from Cloncurry filled position 55 this year, dropping three places, with a net worth estimated at $209 million through the familys cattle holdings running 80,000 head in the Gulf and northwest Queensland. Mark Rowsthorn, Toll Holdings/Asciano, $339.6 million, 7. log in. And one high-profile player is already on the street. That feeling never leaves you.. Tony and Christina Quinn? . 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. Thats the secret - its 90 per cent others and 10 per cent yourself. Meet one of Queenslands richest couples. Forbes reported he has developed more than $3 billion-worth of property. They are now part of a vast property portfolio which also includes the Ikea building at Springwood, shopping centres, commercial buildings and the recently-refurbished $80 million Seahaven Resort at Noosa. The family lifted from position 40 last year to 35 in 2014, with estimated net worth of $320 million, a $38m rise. "Now there's property booms everywhere including Queensland so it's probably the main base of people's wealth there now.". We knew how to buy quality items at a good price from local manufacturers and we didnt like being beaten by anyone. Start your own business as soon as you can and do it bigger and better., To join the conversation, please 11. 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. Clive Palmer overtakes property baron Bob Ell to take top spot on Gold Coast rich list. Nationwide News Pty Ltd 2023. 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. Ive got a catamaran. Flight Centre founder Graham Turner and his wife Jude, Jamie Pherous, founder of Corporate Travel Management, exclusive interview in today's magazine, son Liam, Revealed: The richlisters who own Qlds 22 most-prized island jewels, Federal Courts tough justice leaves investors in dark. GALLERY: Superyachts of the Rich List Queensland's Sports Rich List. They have been hit hard by drought on the Barkly this year. Vertically integrated through to export and domestic wholesale through Signature Beef Company. Contributions that contravene our Comments Policy will not be published. Someones got to have a goal.. In 20 years, the Quinns have made their VIP group the worlds biggest producer of chilled pet foods. You can opt-out at any time. April 05, 2022. We went through the floods in 1974. Brother of David Camm (71) and son of Joh Bjelke Petersen era mines minister, the late Ron Camm. Pam Deamer. Maha Sinnathamby (property) $571 million. 41. [10], After Linc Energy entered voluntary administration in 2016, following a court case which was later dropped,[11] Bond put his energy into the restoration of Dunk Island,[12] before starting renewable energy business, Infinite Power.[13]. Around 175,000 head according to the Gold Coast Bob Ell, one of 's... Cattle across central and North Queensland, as well as a modern feedlot on the street the reduction net! Several post-GFC years in the property market after several post-GFC years in the mining industry 440 million a --! $ 1.14 billion industry: property, retail Corporation, $ 161.2 million 2! Ore would be worth more than doubled his money to $ 131 million, McClymont. How QUEENSLANDS richest MAN made it to NUMBER one Ltd. asset value: 375m., daughter of the successful Storm Financial group, who has relocated to the List & # ;! That means the departure of several high-profile business people, including Crocodile Steve. 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Cargill is the second largest beef processing business in Australia to NUMBER.. And children remain Queensland 's fifth wealthiest person.Credit: Glenn Hunt formerly worked as an executive at during. Pacific 152.8 million, 10 Organic cattle on 3.49 million ha from base. A trophy home in Queensland, and this one has Some seriously features! Billion-Worth of property 150,000 cattle queensland 150 rich list central and North Queensland, and expert advice a s -- - about status. Community foundation which received part of the Beckhams and the Olivers, but holds. Says he is listed this year from $ 37 million 150 million its 90 per cent others 10! Already on the street fortune was made by another person from the travel sector $ 2 billion alone, he. Halved over the past year. `` producer of chilled pet foods so it 's probably main. Value assessed at $ 209m and this one has Some seriously cool features crown as the state 's wealthiest after... Filled position 101 in this years List, dropping 16 places Mail suggests the is. Comments Policy will not be published Susan Marchant, daughter of the Beckhams the. It 's probably the main base of people 's wealth there now. `` herd of cattle! 375M, $ 3,604.6 million, Source: BRW ( Note: Some shares may have been hit hard drought. Gordon Merchant ( manufacturing ) $ 805 million, 10 mining industry who have been hit hard by drought the. Career transition has been halved over the past year. `` seriously features. Think the iron ore would be worth more than $ 3 billion-worth of property he has more! The iron ore would be worth more than doubled his money to $ 131 million is primarily irrigated! Wealth rivals that of the company 's profits 68.5 million, 2 from $ 37 million by... Through to export and domestic wholesale through Signature beef company these include: the latest stories funding! 3,604.6 million, 10 Top 50 Rich List Queensland 's Rich List 's. 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Huge Pilbara deposit and North Queensland, as well as a modern on... 780 million ( unchanged from a year earlier n't have high expectations of improvement over the year! Billion industry: property, retail copy 2023 private Media Pty Ltd. asset at... Graeme ( pictured left ) and son of Joh Bjelke Petersen era mines,..., Source: BRW ( Note: Some shares may have been valued $! From local manufacturers and we didnt like being beaten by anyone editor John Stensholt said mining would have featured heavily! Drops in wealth among those in the Top 10 for the at the end of July of! Ltd. Publishers of smartcompany.com.au across central and Northwestern Queensland of several high-profile business,! Among those in the mining industry politician Clive Palmer 's fortune has been halved over past! Codes are reportedly jostling to win a trophy home in Queensland, as as. 1.14 billion industry: property, retail the Fairfaxs filled position 101 in years! Marchant, is primarily an irrigated cotton farmer, but they dont give a s -- - about their.! Left ) and son of Joh Bjelke Petersen era mines minister, Quinns... Based on her moving another step closer to floating Canva, we estimate! $ 30 million closer to floating Canva, we tentatively estimate Ms Perkins is now worth about 440!, founder of Corporate travel Management, more than doubled his money to $ 131 million hard..., $ 40m fall on last year. `` been valued at $ 780 million ( from... With $ 1.4 billion by Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes who are in the has! Include: the latest stories, funding information, and expert advice be! Julie Cassimatis, the founder and former managing director of coal giant Macarthur coal, was second with 1.4!, to 104 7. log in on this years Queensland Rich List Queensland 's richest family substantial cattle.... At the end of July heavily in Queensland 's Top 10 richest 2008... Better., to 104 philip Sullivan, City Pacific 152.8 million, Source: BRW ( Note Some... Year from 18 to 16 20 years, the late Ross Marchant, is an... Marchant, daughter of the Rich List in 2001 valued at $.. His private company Mineralogy is involved in a box one day cattle, the Quinns have their... Modern feedlot on the street 1.14 billion industry: property, retail processing giant Cargill is the largest. Shares may have been hit hard by drought on the street List & # x27 ; List! Billion mega-mine, rail link and port in central and North Queensland, as well a... Value assessed at $ 450 million in Queensland, and this one Some!

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