Daily Motivation: The Top 5 Richest People in Australia

At first sight, successful people might seem to be lucky. They benefit of being at the right place in the right time, of being born in the right family, of winning a massive progressive jackpot at the Royal Vegas Online Casino, or having a massive opportunity fall into their lap. While this may be what happened sometimes – one Canadian player, Mark A., won a massive $8 million Royal Vegas jackpot just last April – most of the times the secret to success is not winning. Royal Vegas jackpots are not won each day, after all. It is a big mistake to base your future success on such an unpredictable event.

Below you’ll find the list of Australia’s 5 richest people, people who aren’t likely to have been waiting for opportunity to seek them out. Instead, they made the most of their situation, reaching the top position on the list of the richest individuals to live Down Under.

Anthony Pratt

Anthony Pratt, a Melbourne-based billionaire has a net worth of $4.8 billion, enough for the fifth position in the top 5 list of Australia’s richest individuals. He is the Executive Chairman of Visy Industries and Pratt Industries, the world’s largest privately owned packaging and paper company. He is the third generation of Pratts running the company, which has grown substantially since he took over it in 2009.

Frank Lowy

Former chairman of the Australian shopping mall empire Scentre, and current chairman of the Westfield Corp., owning tens of malls in the US (and a handful in the UK), Frank Lowy is a self-made billionaire. Born in Czechoslovakia in 1930, he left his home country for Hungary during World War II. When he tried to make his way to France in 1946, he was caught and deported to Cyprus. He fought in the 1948 Arab-Israeli war. He left Israel for Australia in 1952, and started a small business delivering small goods. During the years, his company – the Westfield Corporation – grew into a global shopping center company, worth over A$29 billion this year. Lowy has a net worth of $5 billion, according to Forbes Magazine.

Harry Triguboff

Harry Triguboff is another self-made Australian billionaire. His company, Meriton, is the largest apartment builder in Australia, Born in China to Russian parents, Triguboff came to Australia in his teens. Initially active in the textiles industry, he built his first apartment block in the 1960s. Since then, he built over 60,000 apartments, a feat that earned him the nickname “High Rise Harry”, as well as a net worth of $9.4 billion.

Blair Parry-Okeden

Born in Hawaii, Blair Parry-Okeden is the granddaughter of James M. Cox, who founded the automotive and media conglomerate Cox Enterprises. Although she is the second richest person in Australia, with a net worth of $10.7 billion, she has no role in the company, and lives a secluded life, away from the spotlight, only playing a role in several charities.

Gina Rinehart

Daughter of high profile iron-ore explorer, Lang Hancock, Gina Rinehart made her fortune out of mining. While her net worth has diminished due to the falling prices of the recent years, her $11.6 billion is still enough for the place of the richest individual in Australia.


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