The AI boom has created a new donor class of ‘anxious’ givers

Worried about the impact of the technology they are building, Silicon Valley AI workers are racing to write cheques to philanthropic causes.

Life

Issue 23

Billionaires

Australia’s Richest People

57 Billionaires in Australia· $242.9B Combined Wealth· $53B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Kerry Stokes, +$172.8M· Biggest Loser (24 hrs): John Gandel, -$13.8M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $25.0B· 57 Billionaires in Australia· $242.9B Combined Wealth· $53B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Kerry Stokes, +$172.8M· Biggest Loser (24 hrs): John Gandel, -$13.8M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $25.0B

Top Ten

Total Wealth: $125.4B Up $433.3M
1Gina Rinehart
Gina Rinehart$25.0BNo change
2Harry Triguboff
Harry Triguboff$22.9BNo change
3Andrew Forrest
Andrew Forrest & family$18.4B▲ +$145.1M
4Anthony Pratt
Anthony Pratt$11.9BNo change
5Frank Lowy
Frank Lowy$8.8BNo change
6Mike Cannon-Brookes
Mike Cannon-Brookes$7.8B▲ +$1.0M
7Vivek Chaand Sehgal
Vivek Chaand Sehgal$7.8B▲ +$114.4M
8Melanie Perkins
Melanie Perkins$7.6BNo change
8Cliff Obrecht
Cliff Obrecht$7.6BNo change
10Kerry Stokes
Kerry Stokes$7.6B▲ +$172.8M

*Last updated July 28, 2026. All figures are in USD.


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