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The rich like to envelop their wealth in discretion and the odd secret or two. But they also appreciate accuracy. Hence the commissioning by some Rich Listers of investment banks and advisory firms to draw ib valuations of their assets, that then get forwarded to our researchers for vetting.
Some provide detailed profit and loss statements, property and debt holdings and lists of assets. Many private company owners know the exact profit multiples of their sharemarket-listed peers that will be used to calculate the value of their wealth. And the task of calculating the net worth of our Rich Listers keeps getting bigger: This year's Rich List features a record 76 billionaires, adding 16 from last year's edition.
The list is topped for the second consecutive year by paper manufacturing and recycling tycoon Anthony Pratt, whose fortune is surging in large part thanks to Pratt Industries' rapid growth in the United States.
Pratt's offshore wealth encapsulates a slow Geelony steady change in the Rich List — its internationalisation.
Ten years ago, when we celebrated 25 years of what was then the BRW Rich List, just one of Australia's 34 billionaires lived overseas Shi Zhengrong, the Chinese-born and Shanghai-based solar power entrepreneur.
Today, inabout one-quarter of our billionaires live offshore.
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Members of the Rich List from left:No Brexit or Royals, no "Mom" misspellings and hopefully no T Lucia Khabzi went from backpacking to wojan five-star lifestyle, without getting a job. Member interests braveheart watching the footy live theatre justin timberlake legends of the fall the mining a connection angels Escorts no black men in Australia country creedence clearwater revival connections springsteen cradle of filth greyhounds the east coast the cooking raves dining out lunches.
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Australia's richest woman under 40 is someone you've probably never heard of. September Today she is one of Australia's richest women. Australia's Richest is the definitive list of wealth in Australia, profiling and ranking the country's richest citizens Filter list by: Overall; Youngest; Oldest; Women.
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❶Special Reports Diverse skills and experience vital. These billionaires might be based overseas, but their wealth is washing up on our shores.
But looks can be deceiving, with Champion Data rating its draw far easier than New model It might not happen any time soon, but the AFL has confirmed it is looking at a potential fixture that, once every team has played each other once, will split the ladder into three conferences.
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