Anthropic is now worth almost $1 trillion—more than OpenAI

ChatGPT has dipped in dominance after becoming the fastest-growing consumer app more than three years ago.

Life

Australia’s Richest People

55 Billionaires in Australia · $246B Combined Wealth · $54B Total Wealth of Women Billionaires · 13 Made Their Fortune in Mining · Biggest Gainer (24 hrs): Scott Farquhar, +$200.1M · Biggest Loser (24 hrs): Andrew Forrest, -$182M · Youngest Billionaire: Ed Craven, 30 · Oldest Billionaire: Frank Lowy, 95 · Richest Australian: Gina Rinehart, $25.9B · 55 Billionaires in Australia · $246B Combined Wealth · $54B Total Wealth of Women Billionaires · 13 Made Their Fortune in Mining · Biggest Gainer (24 hrs): Scott Farquhar, +$200.1M · Biggest Loser (24 hrs): Andrew Forrest, -$182M · Youngest Billionaire: Ed Craven, 30 · Oldest Billionaire: Frank Lowy, 95 · Richest Australian: Gina Rinehart, $25.9B

Top Ten

Total Wealth: $127.5B Up $210.8M
1 Gina Rinehart
Gina Rinehart $25.5B No change
2 Harry Triguboff
Harry Triguboff $23.4B No change
3 Andrew Forrest & family
Andrew Forrest & family $20.6B ▼ -$182M
4 Anthony Pratt
Anthony Pratt $10.4B No change
5 Frank Lowy
Frank Lowy $8.8B No change
6 Mike Cannon-Brookes
Mike Cannon-Brookes $8.2B ▲ +$192.7M
7 Scott Farquhar
Scott Farquhar $7.8B ▲ +$200.1M
8 Vivek Chaand Sehgal
Vivek Chaand Sehgal $7.6B No change
9 Cliff Obrecht
Cliff Obrecht $7.6B No change
10 Melanie Perkins
Melanie Perkins $7.6B No change

*Last updated May 29, 2026. All figures are in USD.

Issue 22

Women's Summit

Billionaires

Entrepreneurs

Innovation

BrandVoice

Ideas to Save the Planet

Investing

Leadership