Canva’s billionaire cofounders reveal next step in plan to give away vast majority of their fortune

Here’s what to know.

Life

Issue 23

Billionaires

Australia’s Richest People

57 Billionaires in Australia· $244.4B Combined Wealth· $53B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Mario Verrocchi, +$18.6M· Biggest Loser (24 hrs): Richard White, -$75.1M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $24.9B· 57 Billionaires in Australia· $244.4B Combined Wealth· $53B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): Mario Verrocchi, +$18.6M· Biggest Loser (24 hrs): Richard White, -$75.1M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $24.9B

Top Ten

Total Wealth: $125.4B Down $32.0M
1Gina Rinehart
Gina Rinehart$24.9BNo change
2Harry Triguboff
Harry Triguboff$22.9BNo change
3Andrew Forrest
Andrew Forrest & family$18.4B▼ -$33.5M
4Anthony Pratt
Anthony Pratt$11.5BNo change
5Frank Lowy
Frank Lowy$8.8BNo change
6Mike Cannon-Brookes
Mike Cannon-Brookes$8.2B▲ +$1.5M
7Scott Farquhar
Scott Farquhar$7.8BNo change
8Vivek Chaand Sehgal
Vivek Chaand Sehgal$7.7BNo change
9Melanie Perkins
Melanie Perkins$7.6BNo change
9Cliff Obrecht
Cliff Obrecht$7.6BNo change

*Last updated July 20, 2026. All figures are in USD.


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