The 2020 List
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Featured
Rich Lister Jack Cowin clean sweep with Coles plant-based meat deal
No.17 on the AFR Rich List is a big backer of v2foods, which now has mainstream distribution across both major supermarket chains.
- Simon Evans
- Analysis
- Wealth Generation
How to become a Financial Review Rich Lister
What the 2020 ranking can teach us about building and maintaining immense wealth in the most volatile of market conditions.
- Aleks Vickovich
Rinehart's Hancock Prospecting surges to $4b profit
Rich List queen Gina Rinehart reaps rich rewards from soaring iron ore prices.
- Brad Thompson
Rich List 2020 in pictures
Financial Review photographers Louie Douvis and Dom Lorrimer worked their magic on the 2020 Rich listers. Here's a gallery of their work.
Australia's cattle kings and queens on top of the world
Cattle prices are at record highs, adding to the fortunes of the Rich Listers who control vast tracts of land in rural Australia.
- Updated
- Brad Thompson
Featured
The full list: Australia's wealthiest 200 revealed
The Financial Review Rich List for 2020 proves it was a good year to own an iron ore mine. An office tower? Not so much.
- Updated
- Michael Bailey and Julie-anne Sprague
Watch: Who made the cut and who didn't?
The AFR Rich List editors discuss this year's list – who made the cut and who didn't, and why.
- Updated
Australia's richest property tycoons – and where they live
Almost a quarter of Australia's richest 200 people built their fortune through property – and now they live in mansions on large blocks with water views.
- Elizabeth Redman
Ruslan and Anastasia Kogan: The making of a power couple
Newly married and newly minted, Ruslan and Anastasia Kogan are breaking new digital ground in business, technology and the arts.
- Michael Bailey
- Opinion
- The AFR View
Wealth creators can rekindle the economy
If Australia wants to keep its envied broad-based prosperity, it needs to unleash its entrepreneurs.
- The AFR View
October
The pets that rich listers own
Meet the furry and feathered friends that define creature comforts for some of the nation’s most wealthy.
- Philippa Coates and Matthew Drummond
Why Andrew Forrest left one of the safest cities on the planet
There's a reason Andrew Forrest has left Perth to narrowly dodge a bomb attack in Afghanistan and base himself in Europe. For the cashed-up, this is a time of enormous opportunity.
- Julie-anne Sprague
Rich List 2020 marks the rise of the ore-ligarchs
Western Australia’s iron ore miners and rentiers have achieved unprecedented wealth in 2020.
- Julie-anne Sprague
- Exclusive
- Property market
Kerry Stokes pays $10m for Redfern hall conversion
Property records show Mr Stokes' Australian Capital Equity paid $10.5 million for the striking two-level brick building at 19-25 Cope Street.
- Larry Schlesinger
- No. 112
- Rich families
The Symond family and the succession plan that wasn’t
Only a few years ago, while cruising off the coast of Monaco, James Symond marvelled at his perfect life. Just two months later, the clouds rolled in.
- Michael Bailey
- No. 164
- Travel
A reclusive Rich Lister built a golf resort – and no one’s sure why
Greg Coffey has transformed a manor house and farm on the windswept Scottish island of Jura into a luxurious resort with a spectacular golf course.
- Hans van Leeuwen
- No.128
- Rich listers
Introducing the Rich Lister who didn’t want to be discovered
You’ve probably never heard of Tony Walls, whose company Objective Corp is driving him up the ranks of Australia’s most wealthy. But that’s just how he likes it.
- Julie-anne Sprague
Meet the debutants storming up the Rich List
There are 19 new Rich Listers this year. Here's a sneak peek of who's joining the nation's wealthiest 200 people.
- Julie-anne Sprague and Michael Bailey
- No. 76
- Rich listers
Ancient philosophy helps Rich Lister build a city
Maha Sinnathamby always held fast to the belief that he could deliver Australia's first privately built city against all objections – and there were many.
- Philippa Coates
Shesh Ghale says a university will rise from pandemic ruin
Reliant on international students and Melbourne CBD office tenants, the Rich Lister's portfolio has been smashed but he's daring to dream of a sandstone legacy.
- Michael Bailey
- Exclusive
- Private equity
Healthcare Rich Listers pivot to cloud-based security and tattoos
The first in a series of profiles of people who have made big moves through the ranks of the 2020 Rich List, to be released this Friday.
- Carrie LaFrenz
How COVID-19 rocked the rich in Australia this year
The virus didn't discriminate between rich and poor but it has turned digital businesses into huge winners. Kogan's shares are up six-fold and the net wealth of Afterpay founders Nick Molnar and Anthony Eisen neared $1.9 billion each.
- James Thomson and Julie-anne Sprague
The Rich List newcomers who found success through chemistry and fate
It's important for founders to know when to go, say Cathie Reid and Stuart Giles as they venture beyond the businesses that made them a fortune.
- Carrie LaFrenz
Forrest v Ellison in billionaire battle over Aboriginal iron ore mine
Andrew Forrest's Fortescue Metals Group has launched legal action against Chris Ellison-led Mineral Resources in a dispute over what was to be Australia's first Aboriginal-owned iron ore mine.
- Brad Thompson
Forrest chases more Aussie icons after $190m RM Williams deal
In a vote of confidence in tourism spending in the economic recovery from COVID-19, mining billionaire Andrew Forrest wants to build the biggest lifestyle company in Australia.
- Brad Thompson and Simon Evans
Perth online gaming boss spins onto Rich List
Pre-tax profits have quadrupled at Laurence Escalante's Virtual Gaming Worlds, leading the Financial Review Rich List team to value him at approximately $900 million.
- Michael Bailey and Julie-anne Sprague
Why Grace Forrest thinks the pandemic might help end slavery
The eldest daughter of Australia's richest man says the pandemic has removed roadblocks for women and left her optimistic about ending modern slavery.
- Julie-anne Sprague
September
- Exclusive
- Frontline Fallout
Visy raises glass to a record month
Visy's latest revenue growth number is more akin to a start-up making software than a 72-year-old manufacturer recycling paper into cardboard boxes.
- Michael Bailey
Rich Lister's tech venture cashes in on gift card boom
Shaun Bonett is planning a global expansion of Prezzee, including capturing booming growth for buy now, pay later services such as Afterpay.
- Julie-anne Sprague
Meet Australia's newest billionaire
The new billionaire left school at the age of 15 and has built a formidable company operating in Western Australia's iron ore rich Pilbara region.
- Julie-anne Sprague