Forbes list of Australia's 50 richest people 2016 explained

The Forbes list of Australia's 50 richest people is the annual survey of the fifty wealthiest people resident in Australia, published by Forbes Asia in January 2016.

The net worth of the wealthiest individual, Blair Parry-Okeden, was estimated to be 8.80 billion.^{[1] [2] [3] [4] [5]} It was the first and only time that Parry-Okeden appeared on the Forbes Australian list. She is a US-citizen and, despite living in Australia,^[6] is not eligible for admission on the list.

List of individuals

2016[7]		Name	Citizenship	Source of wealth	2015[8]
Rank	Net worth  bn				Rank	Net worth  bn
	8.80			Cox Enterprises heiress	n/a	align=right	not listed
	align=right	8.50			Hancock Prospecting investment		align=right	11.70
	6.90					5.60
	5.00			Ex-Westfield; property		5.00
	3.60			Visy Industries Pratt Industries		3.50
	3.50			Crown Resorts		4.70
	3.20			Property (shopping centres)		3.60
	2.80					2.90
	1.95			Telecommunications		1.60
	align=right	1.90			Investment		align=right	2.10
	1.85			Financial services		3.00
	1.83			Manufacturing; investment		2.10
	1.80	Sir		Retail; investment		1.90
	1.78					1.10
	1.75					1.10
	align=right	1.60	and family		Reece Group retail		align=right	2.00
	align=right	1.54			Property		1.60
	align=right	1.50			Competitive Foods Australia investment		align=right	1.00
	1.35			Harvey Norman retail		1.30
	align=right	1.30			Manufacturing; investment		align=right	2.00
	1.27					1.20
	1.24					2.10
	1.20			Property development		1.20
	align=right	1.10			Property (shopping centres)		align=right	1.20
	1.10	and			n/a	not listed
	align=right	1.02			Walker Corporation (property)		align=right	1.20
	align=right	1.00			Property; Seven West Media; resources		align=right	1.20
	align=right	0.97			Real estate		align=right	1.00
	align=right	0.93			Resources		align=right	0.97
	0.92			Premier Investments retail		0.98
	0.83			Logistics; real estate		0.82
	align=right	0.77			Investment		0.75
	0.76			Gaming; manufacturing		1.20
	0.745			Poultry; property development		0.90
	align=right	0.74			Agriculture		align=right	0.83
	0.735			Real estate		0.71
	0.72			Investment	n/a	not listed
	align=right	0.70			Real estate		align=right	0.64
	0.675				n/a	not listed
	0.66			Real estate		0.66
	0.65			Real estate		0.74
	0.645			Retail; agribusiness		0.77
	align=right	0.64			Hotels		align=right	0.61
	0.615			Food distribution		0.65
	0.575			Flight Centre travel services		0.57
	0.57			WIN Corporation investment		0.72
	0.565			Cotton On Group retail	n/a	not listed
	0.55			Software; hospitality		0.63
	0.51			Crown Resorts investment	n/a	not listed
	0.50			Blackmores health supplements	n/a	not listed

Legend
Icon	Description
	Has not changed from the previous year
	Has increased from the previous year
	Has decreased from the previous year

See also

• Financial Review Rich List
• Forbes list of Australia's 50 richest people

Notes and References

1. News: Gina Rinehart gives way to Blair Parry-Okeden as Australia's wealthiest person . . 28 January 2016 .
2. News: Jensen. Erik. A quiet American is Australia's richest person. 10 November 2014. The Sydney Morning Herald. 13 March 2009.
3. News: Murphy, Damien. The reclusive heiress who is the richest Australian. 10 June 2016. The Sydney Morning Herald. 29 January 2016.
4. Web site: Australia's secret billionaire adds $US500 million to her fortune in 12 months. SmartCompany. 28 January 2016. https://web.archive.org/web/20160204073716/http://www.smartcompany.com.au/finance/wealth-management/13703-20100312-australia-s-secret-billionaire-adds--us500-million-to-her-fortune-in-12-months.html. 4 February 2016. dead.
5. News: Gina Rinehart toppled as Australia's richest . New Zealand Herald . 28 January 2016 . 28 January 2016.
6. Web site: Billionaires 2019: #153 Blair Parry-Okeden . . 2019 . 29 September 2019 .
7. News: Gina Rinehart Loses Her No. 1 Spot. 22 October 2019. Forbes Asia. 27 January 2016 .
8. News: 2015 Australia's 50 Richest. 10 June 2015. Forbes Asia. March 2015 .