Australias richest person has warned the nations pensioners and others on low incomes will be forced to make difficult decisions as electricity costs rise. It has been another big year for Rinehart, who maintains her number-one position on the Richest 250. Established in 1984 when Fred Shahin purchased a small BP service station in Woodville Park, Peregrine is now the largest private company in SA with revenues approaching $3 billion in 2020-21. Combined, the businesses have more than $10 billion in annual revenue. The strong iron ore price as at April, when we ruled off the Rich List, also kept Andrew Forrest ensconced in second spot at $30.72 billion, a figure thats more than treble his wealth in 2019 when he sat in eighth spot with $7.99 billion. The past years have been tough for most, but exponentially profitable for others. Kangaroo Island Plantation Timbers manages hardwood and softwood forestry plantations on Kangaroo Island. Sector: Waste Disposal | Revenue: $245m | Last Years Ranking: 30. ASX to slip; Vanessa Hudson to lead Qantas, Top philanthropists say Yes with $17m to support Voice campaign, The high-stakes gamble at the heart of the Voice, How to barbecue pork chops like this smoking-hot new restaurant, The CEO of this $1b company sold everything from make-up to chicken, Why investors want more control over companies climate plans, How does this CEO do it all? Thirty-two years after founding their eponymous label, sisters Nicky and Simone Zimmermann have reaped the rewards of putting Australia on the international fashion map. The List: Australia's Richest 250 has this year risen to a total wealth of $520.20 billion, at an average of $2.08 billion for each of the 250 members. The liquidity opportunity for the unlisted companys investors comes in the wake of VGWs first regulatory challenge in its prime US market. With mining and technology industries boosting these loaded individuals to the top, some of these wealthy names wont come as a surprise. Elders is an agribusiness company, operating across rural and regional Australia. Peter Cochrane Management (Cochranes Transport), 62. OZ Minerals is a copper-focused miner based in Adelaide with South Australian copper-gold mines at Prominent Hill and Carrapateena. The economy's main sectors - iron . This year it became Australias third most valuable privately held tech company, attracting investment from Singapores Temasek and Chinas Tencent. Not only that, but Australia now has a massive 131 billionaires. The hottest trophy asset for Australias rich elite right now is a $100m jet. Out now: The definitive list of Australias wealthiest people, now in its 40th year. Core Lithium Ltd a lithium-focused exploration and mining company. The spectacular success of Gina Rineharts Roy Hill mine has been almost 30 years in the making, with some nailbiting moments along the way | THE LIST: Australias Richest 250. Sector: Professional services | Revenue: Undisclosed| Last Years Ranking: 53. Andrew Forrests R.M. Sector: Mining | Revenue: $1.7b | Last Years Ranking: 3. Unless the government gets on top of it then people are going to be awfully afraid to go into stores, says Briscoe boss. In 2017, Land Services SA was appointed as the exclusive provider to the State Government for a range of land services and property valuation services, previously provided through the public agencies, the Lands Titles Office and State Valuation Office. Gina Rinehart tops the 2022 Financial Review Rich List for a third consecutive year, withstanding a challenge for pole position from the co-founders of Atlassian, Mike Cannon-Brookes and Scott Farquhar. In Australia, Pratt is already working on spending $2 billion on new clean energy plants and other initiatives such as increasing the recycled content of glass bottles. Independent Pub Group Holdings operates licensed hotels and retail liquor outlets in South Australia. Farquhar sits in fourth spot with $26.41 billion, up from $20 billion. See the new rankings. 2 of 11 Attribution: Yadid Levy. Sector: Food and beverage | Revenue: $84m | Last Years Ranking: 62. The company has maintained the rage over the Labor governments industrial relations changes while handing down a huge return for billionaire Gina Rinehart. Chris Ellisons Mineral Resources is talking up its takeover bid for Norwest Energy as Gina Rinehart continues to slug it out with Strike Energy in the battle for Warrego. Poker machine king Len Ainsworth once had a hole blown in his factory roof by a bomb. Sector: Health Care | Revenue: $25.8m | Last Years Ranking: 47. 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But the tech sector was later sold off and the iron ore price rebounded. The leather good and fashion retailer posted strong double-digit sales growth over the year, but is bracing for a slowdown in 2023. Venross operate as a retail and entertainment wholesaler, VR Distribution, selling merchandise including board and card games and collectibles. In #4 and #5 are the co-founders of software development company Atlassian. She makes choices, The artisans turning Australian flora into luxe textiles, Why this CEO would like to play golf with Richard Branson, Its been like a dream: Dancer returns to the stage after two decades, Winners emerge from building sector collapses. Sector: Financial technology | Revenue: Undisclosed | Last Years Ranking: unranked. Sector: Healthcare | Revenue: $3.7m | Last Years Ranking: 60. Frank Lowy - $9.27 billion. This years edition of The List - Australias Richest 250 will show how mining and technology are now the countrys two most successful sectors. The company, now valued at an eye-popping $3.5 billion, develops non-fungible token video games and operates ImmutableX, which builds NFT marketplaces for companies including TikTok, GameStop, Illuvium and EmberSword. Endeavour boosts sales in third quarter update. Although he did have to give up skiing recently. The Melbourne apartments developer says the top end of the market is holding up, but policies need to change or construction jobs will be lost. The tech duo were, for a few months in late 2021, the richest in the land as a soaring Atlassian share price and a falling iron ore price caused a switch at the top since last Mays Rich List. Established in 1862, Coopers is the sole major brewer 100 per cent owned by Australians, claiming about 5% of the Australian beer market. Love them, hate them, or envy them, Australia's richest people have been announced for 2022 by The Australian 's The List. Sector: Automotive | Revenue: $406.8m | Last Years Ranking: 45. 2 / 10 1. The veteran Queensland property developer will wait and see what effects COVID-19 might have on the sector. Provisional subclass 491 visa. Sector: Retail | Revenue: $96m | Last Years Ranking: Unranked. Matthews Hotels is a hospitality company that owns and operates a range of hotels in Adelaide, Mount Gambier and Whyalla. The best local news every workday at lunch time. There is, of course, a more traditional way to make plenty of money: property. Daily. Meriton has vast reach across property, including the nations highest number of hotel rooms via its serviced apartment business, more than 14,000 investment apartments and close to 12,000 units in development. Take our quiz and find out what kind of billionaire youll be when you strike it rich. If you are applying for South Australian state nomination for a 190 or 491 visa, you will need to see if your occupation is available on South Australia's Skilled Occupation List. 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That the Bras N Things and Sanity Music founder could get away with an offer for the budget retailer less than its previous closing price is a sign of his stellar reputation. Sector: Thoroughbred racing | Revenue: $83.5m | Last Years Ranking: unranked. Sector: Professional services | Revenue: $185m | Last Years Ranking: 46. This is also known as Online Behavioural Advertising. Full list of names. Harvey Norman is flying for the billionaire, but he has had less luck with some of his other investments. Developer Lang Walker has taken the challenges of the pandemic in his stride and is banking on a big return to the office with his latest Sydney project. Sector: Energy | Revenue: Not meaningful | Last Years Ranking: 66. Palmer derives most of his income from a controversial deal with CITIC Pacific over the huge Sino Iron project in Western Australias Pilbara mined on land he gained control over in the 1980s. Sector: Food and beverage | Revenue: $52.8m | Last Years Ranking: Unranked. That accounts for much of the drop in his estimated wealth, though both he and cofounder Scott Farquhar should reap more than $1 billion each from a steady selldown of a small portion of their Atlassian shares over the year. But NSWs most wealthy people still have plenty of cash to play with. Sector: Retail and fuel | Revenue: $2.9b | Last Years Ranking: 5. You must have completed a Bachelor or higher qualification in SA that meets the South Australian study requirements *KIPT has changed its name to Kiland since this list was originally published, Sector: Infrastructure and transportation | Revenue: $60.7m | Last Years Ranking: 80.