Gina Rinehart is at the top of the list of richest people in Australia. Gina Rinehart is an Australian businesswoman and billionaire. According to reports and estimates, this woman's fortune could reach hundreds of billions of dollars from the massive property she owns, which is mainly from iron ore mining in Western Australia. with large reserves and soaring mining productivity due to strong demand from China and India. Hancock Prospecting, her father's failing enterprise, was the foundation of her business. She began her career as a mining magnate. Its firm became the major mining house in Asia when it began selling its products to Roy Hill Mining in 2011.

In 1992, Gina Rinehart was named executive chairwoman of Hancock Prospecting. Her net worth was even reduced for a few years owing to the mining sector's slowdown, but she never gave up hope. Instead, she put in long hours. Due to the growing demand for iron ore in Australia in 2020, she acquired her fame once more. The move boosted the profits from her Roy Hill mine, in which she owns the majority. IBIS World projected Rinehart's Hancock Prospecting's revenue to have increased by more than 23% to about $11 billion in October 2020, making it the country's largest private firm. Gina Rinehart paid 167 million dollars for a 13 percent stake in Fairfax Group, Australia's oldest and most recognizable media organization. She continued to acquire back 10% of Network Ten shares in 2010, one of the country's three major commercial social networking sites.

Net worth: AUD $32.64 Billion

In 1993, Andrew Forrest began his first mining firm, Anaconda Nickel, by purchasing a share in the corporation, which went bankrupt in 2001. Glencore acquired it and renamed it Minara Resources. "Twiggy" is his nickname. After nine years, he formed Fortescue Metals Group (FMG), which mines and exports ores to China. In the year 2008, he became one of the richest people in Australia. Andrew 'Twiggy' Forrest, another mining titan, is still benefiting from the iron ore price increase in 2020. The proud Australian managed to increase his personal fortune by 7% this year, but he did practically everything he could to reduce it.

Aside from obtaining R.M. Forrest Williams, Andrew Forrest maintained his focus on humanitarian endeavors, contributing $109.6 million, the most of anybody on The List. He and his wife donated the majority of their money to charity in 2013. They were the first billionaires in Australia to do so.

Net worth: AUD $31.77 billion

Anthony Joseph Pratt owns two businesses: Visy Industries, which specializes in packaging and recycling, and Pratt Industries, which produces corrugated cardboard. He is the CEO of the firm, which was founded by his grandparents in Melbourne in 1948 and expanded by his father, Richard. He went to the United States in 1992 to expand his firm, and his industries saw a 15-fold increase in revenue and sales. Pratt Industries Day was observed on September 17, 2017. He promised to donate $1 billion to charity before his death in August 2017. For his leadership and vision, he was honored as "Executive Papermaker of the Year" in 2020.

This year, Visy CEO Anthony Pratt managed to leapfrog frequent rich listers Mike Cannon-Brookes and Scott Farquhar to take the third position at the top of the list of richest people in Australia. Pratt's massive $27.77 billion net worth follows a similar increase in 2021, which was fueled by a shift in customer behavior. Visy's corrugated box businesses saw sales rise as e-commerce continued to grow, while demand for plastic and aluminum packaging increased as home eating became more popular. Add in the 2020s reported AUD $1 billion deal, which increased Visy's $9 billion valuation by $2 billion, and you've got a nice cash boost.

Net worth: AUD $27.77Billion

Mike Cannon Brookes was the son of a senior leader in the worldwide banking industry. Atlassian, a software firm, was created by him and Scott Farquhar. He began it following his graduation. He established the firm with a $48,000 yearly salary. He's known as the "accidental billionaire." Not only that, but he's also a professor of higher education. In 2009, the World Economic Forum named him a Young Global Leader. He paid $100 million for the most expensive mansion in 2018. He purchased a $12 million home in 2019. He and Qualtrics Co-founder Ryan Smith purchased a minority ownership in the NBA franchise Utah Jazz in December 2020.

Mike Cannon Brookes joins the richest people in Australia list this year because he is the co-chief executive of one of the world's most spectacular enterprises. After increasing his net worth by roughly 90% in the previous two years, the Atlassian CEO is one of the youngest people to make The Australian's list. Cannon-Brookes' money was related to Tyro, which did much of the heavy lifting in his wealth stakes, in addition to his job with Atlassian.

Net worth: AUD $26.20 Billion

Along with Mike Cannon Brooks, Scott Farquhar is the co-founder of Atlassian. They established a business in Sydney. They work in the media, manufacturing, and technology industries. He worked in such a way that he wouldn't have to work for another company. As in prior years, Scott Farquhar was pipped to the role by his Atlassian colleague. Apart from rivalry, Farquhar had a strong year, increasing his net worth from AUD $21.95 billion at this time last year to AUD $29.99 billion today. With additional projects due to debut in the second part of this year, Farquhar is certain to reappear on the list in a year's time.

He advised businesses to contribute at least 1% of their stock and workers' time working on items to charity. He was nominated for the BRW Rich 200 list of Australia's wealthiest people under 40 in 2007. He bought his family house in 2017 and restored it for $30 million in 2020. In 2018, he came out against the Australian government's 475 visa policy, which he believes would harm the country's reputation as a place to work.

Net worth: AUD $25.99 Billion

Harry Triguboff was born to Russian parents in China and immigrated to Australia as a youngster. Harry Triguboff, the real estate mogul, is no stranger to the wealthy list. For years, the Meriton managing director has been on the list of the richest people in Australia, and he's made it again in 2022. Before entering this sector, he tried a variety of odd occupations and failed miserably. In Australia's largest metropolis, he began his firm by offering higher-density housing alternatives.

Following a rough few years for the housing market, 2021 saw a significant increase in consumer confidence. The apartment development industry's sales increased dramatically. Triguboff's fortune has increased by roughly 20%, taking him to AUD $20.81 billion, according to the Australian estimate. He was the first developer to convince others of the benefits of living in apartments instead of single-family houses. He's known as "High Rise Harry," and he's built over 75,000 units, boosting his riches.

Net worth: AUD $20.81 Billion

Clive Palmer is a well-known Australian billionaire who made his fortune from mining. Mr. Palmer hasn't stopped coming up with insane ideas and doing crazy things since "One Step to the King." He is currently working on the construction of a massive luxury ocean liner known as "Titanic II," which will be built as a replica of the original Titanic, which drowned more than a century ago. The sole change is that "Titanic II" incorporates contemporary radar and communication equipment. Mr. Palmer went so far as to say that the price is irrelevant as long as it looks like the original. In addition, Mr. Palmer claimed that he would construct Jurassic Park in the hopes of "reviving" dinosaurs. As a result, he will unleash mechanical dinosaurs across the park for people to enjoy.

Clive Palmer's name is now well known not just in the world of finance but also in politics. According to the Diplomat, this "guy still known as a clown" is in charge of the Australian Parliament's balance of power. Clive Palmer, a former politician and mining billionaire, has had an unbelievable year despite spending a lot of money on commercials for his United Australia Party. Palmer, like Rinehart and Forrest, benefited greatly from the increase in mineral prices, but he managed to make the most of the situation. Palmer's Mineralogy company had a fantastic year, increasing his fortune by 88%.

Net worth: AUD $18.35 Billion

Cliff Obrecht, the former Google employee and one-half of the technology and graphic design unicorn Canva, is a newcomer to the top 10 richest people in Australia, but his business model makes sense. Obrecht and his wife, Melanie Perkins, have more than doubled their combined net wealth thanks to a $51 billion firm appraisal last year.

Just after receiving his Bachelor's degree, he began his expert career as a Managing Director at Fusion Book in 2008. Thereafter, he became a part of Cavana. He controls an estimated 18 percent of the company, much like Perkins. Canva has surpassed expectations by attracting 60 million monthly users to its freemium software, with 500,000 teams from Intel and Zoom paying for it. Canva's software allows you to create visually appealing menus, resumes, and Instagram images. The pair has committed to donating over 80% of their shares to the Canva Foundation for humanitarian purposes.

Obrecht says: "It's not our vibe to hoard money. What motivates us to build a product that people love? And the wealth that products, we want to give back to the world. "

Net worth: AUD $15.89 Billion

Melanie Perkins, the co-founder of Canva, is one of the youngest female CEOs of a software start-up valued at over AUD $1 billion. Perkins has grown the exposure, value, and integration of the graphic design platform tremendously, gaining global success with her husband and business partner, Cliff Obrecht. Forbes named Perkins one of the world's "Top Under 30 of the Decade" in 2020, and she shows no signs of slowing down two years later.

This program immediately drew the attention of millions of users, and companies like Franklin Templeton and Sequoia Capital Global Equities continued to invest in it. Bloggers, students, and marketers use Canva because they can pick from pre-made designs and alter them for a logo, résumé, flyer, or even a design. T-shirt More than 10 million students and instructors utilize Canva's products, as well as corporations including American Airlines Group Inc., Zoom Video Communications Inc., Skyscanner, Intel Corp., Salesforce.com Inc., PayPal Holdings Inc., and Marriott International Inc. Canva has over 7 billion designs and is on course to hit $1 billion in annual revenue by the end of the year. In addition, the firm expects to double the size of its personnel next year, having grown from 1,000 to over 2,000 people in the previous year.

According to statistics from research company CB Insights, Canva was valued at $40 billion in its most recent fundraising round, making it the world's fifth-largest startup. Perkins becomes the world's richest self-made female billionaire under the age of 40, with a fortune of $5.9 billion. The Perkins and Obrecht pair are the 8th and 9th richest people in Australia, according to Bloomberg's list of billionaires.

Net worth: AUD $15.89 Billion

Ivan Glasenberg, a South African business leader, is an unusual addition to the list of richest people in Australia. The former CEO of Glencore, the world's largest commodities trading company, previously held Australian citizenship, which he obtained while working in the coal industry in Australia, and so met the requirements. Glasenberg, the son of Lithuanian Jewish immigrants to South Africa, grew up in a Johannesburg neighborhood during apartheid's height. He was a world-class speed walker who was refused entry to the Olympics due to the country's worldwide athletic boycott.

In 1984, he joined Glencore's predecessor business, Marc Rich & Co, as a coal dealer after earning an accounting degree in South Africa and an MBA from the University of Southern California. In 1990, he was named head of the coal section, and in 2002, he was named CEO of Glencore. Glasenberg has had a successful year in terms of net worth. The company's transition from a privately-held commodities trader to a $58 billion publicly traded natural resources powerhouse has been driven by the chief executive's unrelenting work ethic, steely commitment, and intense competitive spirit over nearly two decades. Despite retiring as CEO in June 2021, Ivan Glasenberghas amassed about AUD$2 billion in earnings, which is a decent sum for a retiree.

Net worth: AUD $9.10 Billion