Australia has 56 billionaires on the 2026 Forbes World's Billionaires list, concentrated in Sydney and Perth. How many billionaires are in Australia, and who is the richest? Gina Rinehart leads with about $25.5 billion, built through Hancock Prospecting in iron ore and agriculture, ahead of Harry Triguboff and Andrew Forrest. Fortunes span mining, real estate, and technology.
Australia is home to 56 ultra-wealthy billionaires according to the 2026 Forbes World’s Billionaires list, with the highest concentration in Sydney and Perth. These billionaires have made their fortunes in a variety of industries, including metals and mining, real estate, manufacturing, and software technology.
How many billionaires are in Australia?
Australia is home to 56 billionaires on the 2026 Forbes World’s Billionaires list. Sydney and Perth are home to the greatest concentrations of ultra-high-net-worth individuals, reflecting the country’s twin engines of finance and resources wealth.
Top 5 Billionaires in Australia 2026
Who Has the Highest Net Worth in Australia?
1. Gina Rinehart
Gina Rinehart, born in 1954, is Australia’s wealthiest person, with a net worth of approximately $25.5 billion as of 2026, ranking her 101st in the world according to Forbes. She is executive chairman of Hancock Prospecting, a privately held iron ore and agricultural conglomerate founded by her father Lang Hancock. Her primary residence is in Perth, Western Australia. Source: Forbes World’s Billionaires 2026
2. Harry Triguboff
Harry Triguboff, born in 1933, is a self-made billionaire with a net worth of approximately $23.4 billion as of 2026, ranking him 110th in the world according to Forbes. He is the founder and managing director of Meriton, Australia’s largest apartment developer, which has built more than 80,000 residential units. He is based in Sydney, New South Wales. Source: Forbes World’s Billionaires 2026
3. Andrew Forrest
Andrew Forrest, born in 1961, is a self-made billionaire with a net worth of approximately $20.3 billion as of 2026, ranking him 128th in the world according to Forbes. He is the founder and executive chairman of Fortescue, one of the world’s largest iron ore producers. He is based in Perth, Western Australia. Source: Forbes World’s Billionaires 2026
4. Anthony Pratt
Anthony Pratt, born in 1960, is a billionaire with a net worth of approximately $12.8 billion as of 2026, ranking him 234th in the world according to Forbes. His wealth comes from the packaging and manufacturing industry — he is executive chairman of Visy in Australia and Pratt Industries in the United States, together comprising one of the world’s largest privately held packaging companies. He holds dual Australian-American ties and has established permanent US residency. Source: Forbes World’s Billionaires 2026
5. Mike Cannon-Brookes
Mike Cannon-Brookes, born in 1979, is a self-made billionaire with a net worth of approximately $7.4 billion as of 2026, ranking him 520th in the world according to Forbes. He co-founded Atlassian, a global enterprise software company, with Scott Farquhar in 2002, and has served as sole CEO since September 2024. He is based in Sydney, New South Wales, where he owns the historic Fairwater estate in Point Piper. Source: Forbes World’s Billionaires 2026
Last updated: June 20, 2026
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