AUSTRALIA'S TOP 5 RICHEST PEOPLE
1. Anthony Pratt - 58 years old - $12.9 billion - manufacturing
Visy Industries is the dominant packaging and paper recycling business in Australia but it is Mr Pratt's venture into the United States that is behind his growing wealth.
2. Harry Triguboff - 85 - $12.77b - property
The boom in apartment living in Australia has helped line the pockets of the man behind Meriton.
3. Gina Rinehart - 64 - $12.68b - resources, agriculture
Backed by bullish iron ore prices, the woman behind Hancock Prospecting is far and away Australia's richest woman, with the next four women, including Rinehart's estranged daughter Bianca, worth $5.69b collectively.
4. Hui Wing Mau (Xu Rongmao) - 67 - $9.09b - property
The elusive founder of Hong Kong-listed real estate developer Shimao Property Holdings is a child of China's Cultural Revolution who took up Australian citizenship while studying in Adelaide in the early 1990s.
5. Frank Lowy - 87 - $8.42b - property
The co-founder and long-time chief executive of Westfield, who has doubled his wealth in the past decade, on Thursday bid farewell to the shopping centre developer as it fell into the hands of Europe's largest listed commercial property company.
Source: Financial Review Rich List 2018
