Australia's 2025 Rich List includes notable newcomers

Australia's richest people for 2025 have been announced. The total wealth of the top ten now stands at $250 billion, an increase of about $20 billion compared to 2024. Nicola Forrest has made her solo debut on the list after her split from Andrew 'Twiggy' Forrest. She is now ranked seventh with a fortune of $16.06 billion. Richard White, founder of WiseTech, joins the top ten for the first time, despite facing legal issues that have affected his wealth. Gina Rinehart retains her spot as the richest person in Australia for the sixth consecutive year, with a net worth of $46.34 billion. However, her wealth has declined from $50.48 billion last year due to falling iron ore prices. Harry Triguboff ranks second with $31.48 billion. Mike Cannon-Brookes and Scott Farquhar, co-founders of Atlassian, hold third and fourth places, valued at $29.45 billion and $29.19 billion, respectively. Anthony Pratt, a cardboard box magnate, comes in fifth with $28.57 billion. Clive Palmer, known for his political activities, is sixth with $22.32 billion. Rounding out the top ten are Melanie Perkins and Cliff Obrecht from Canva, who share a wealth of $14.02 billion. This year marks changes in the top ranks, highlighting new individual standings and ongoing public controversies.