The houses where Australia's billionaires live, and how much they cost
How much does it cost to live like a Rich Lister?
Many of Australia's billionaires amassed their fortunes in the property industry, but even those who built wealth in other sectors such as mining or technology have then been keen purchasers of residential real estate.
Australia is now home to 161 billionaires, up from 150 a year ago, the Financial Review Rich List for 2025, published in full on Friday, reveals.
The top industry for wealth creation was mining, whose rich listers are worth a collective $141.3 billion, followed by property, worth $125.8 billion across 44 entrants.
Australia's richest person is mining magnate Gina Rinehart, worth $38.1 billion. Rinehart's residence in Perth's Dalkeith consists of three blocks in a cluster, a strip of land next door and an adjacent empty block that has been for sale for several years and has a price guide of $9 million.
Second on the list is property developer and Meriton founder Harry Triguboff, worth $29.7 billion, who owns an expansive waterfront block in Sydney's Vaucluse, purchased in 1983 for $4.1 million, and next door added in 1998 for $6 million.
He was followed by cardboard box king Anthony Pratt and family, of Visy, valued at $25.9 billion. Pratt recently made a move to the US, but the family's historic Raheen mansion is in Kew in Melbourne's leafy east.
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Rich List
The definitive list of the richest men and women in Australia. The top 200 richest people in Australia ranked according to their net worth. Find out what contributed to their financial success in the Financial Review Rich List.
