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Australian mining magnate Andrew Forrest bumped media mogul Rupert Murdoch off the top spot in this year’s BRW Executive Rich List, with mining companies dominating the list of Australia’s 200 wealthiest executives. Australia’s mining boom has seen Forrest grow his wealth to $6.2 billion this year, while Murdoch’s earnings from his News Corp shares slid from $6 billion to $5.7 billion.
The BRW top 10 richest executives:
1.Andrew Forrest
Source: Chairman and CEO, Fortescue Metals Group
Mining magnate Andrew Forrest has bumped media mogul Rupert Murdoch off the top spot in this year’s BRW Executive Rich List, with mining companies dominating the list of Australia’s 200 wealthiest executives.
Australia’s mining boom has seen Forrest grow his wealth to $6.2 billion this year, while Murdoch’s earnings from his News Corp shares slid from $6 billion to $5.7 billion.
2. Rupert Murdoch
Source: Chairman and CEO of News Corporation
Mr Murdoch has clung to the No.1 position for the past two years, but earnings from his News Corp shares remained relatively flat during the year, sliding to $5.6 billion from almost $6 billion.
3. James Packer
Source: Crown and Consolidated Media Holdings
James Packer maintained his third place position with $3.6 billion.
4. Kerry Stokes
Source: Seven Group Holdings
Media man,Kerry Stokes rose to fourth position with $1.8 billion in executive wealth, boosted by a reorganisation of his business
5. Frank Lowy
Net worth: $1.75 billion
Source: Westfield Group
Westfield chief Frank Lowy comes fifth on the list.
6. Kerr Neilson
Net worth: $1.52 billion
Source: Platinum Asset Management
7. Gerry Harvey
Net worth: $932.8 million
Source: Harvey Norman Holdings
8. Tony Poli
Net worth: $880.3 million
Source: Aquila Resources
9. John Grill
Net worth: $794.1 million
Source: WorleyParsons
10. Peter Bond
Net worth: $572.6 million
Source: Linc Energy
Top four women:
66. Katie Page
Net worth: $50.8 million
Source: Harvey Norman Holdings
91. Gail Kelly
Net worth: $32.9 million
Source: Westpac Banking Corporation
116. Gillian Swaby
Net worth: $25.2 million
Source: Paladin Energy
185. Karen Moses
Net worth: 14.7 million
Source: Origin Energy