Anthony Pratt

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