IREN co-founders score $1.1 billion pay packet amid AI bonanza

Each brother will receive just over nine-million stocks in the company,

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Issue 23

Billionaires

Australia’s Richest People

56 Billionaires in Australia· $240.3B Combined Wealth· $53B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Sam Hupert, +$51.1M· Biggest Loser (24 hrs): Kerry Stokes, -$314.3M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $24.7B· 56 Billionaires in Australia· $240.3B Combined Wealth· $53B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Sam Hupert, +$51.1M· Biggest Loser (24 hrs): Kerry Stokes, -$314.3M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $24.7B

Top Ten

Total Wealth: $124.1B Down $115.3M
1Gina Rinehart
Gina Rinehart$24.7BNo change
2Harry Triguboff
Harry Triguboff$22.6BNo change
3Andrew Forrest
Andrew Forrest & family$18.4B▼ -$179.9M
4Anthony Pratt
Anthony Pratt$11.4BNo change
5Frank Lowy
Frank Lowy$8.8BNo change
6Vivek Chaand Sehgal
Vivek Chaand Sehgal$7.9B▲ +$5.9M
7Mike Cannon-Brookes
Mike Cannon-Brookes$7.7B▲ +$26.9M
8Melanie Perkins
Melanie Perkins$7.6BNo change
8Cliff Obrecht
Cliff Obrecht$7.6BNo change
10Scott Farquhar
Scott Farquhar$7.4B▲ +$31.8M

*Last updated July 3, 2026. All figures are in USD.


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