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Sky News AU
08-08-2025
- Business
- Sky News AU
Unveiling Australia's most notable iconic estates owned by heirs and heiresses
Australia's most notable iconic estates owned by heirs and heiresses have been unveiled by From the Packer family to cricketing royalty to a prominent hospitality tycoon, some of the country's most lavish properties are in their hands. Ryan Stokes Ryan Stokes is the son of billionaire Kerry Stokes, 84, he is heavily involved in the family's business empire, being the CEO of Seven Group Holdings. He and his wife Claire Campbell own multiple high-end properties, including a $16 million home called Rilworth at Darling Point in Sydney's east and waterfront multi-million properties in Palm Beach and the Gold Coast. His father Kerry made his fortune in Perth real estate, then built his portfolio at the Seven Network and The West Australian, and WesTrac Caterpillar machinery. Jackson Warne The 26-year-old son of cricket legend Shane Warne has ventured into real estate, partnering with property tycoon Tim Gurner. Jackson Warne inherited a share of his father's $21m estate, including a $6.5m Melbourne home and personal belongings, including a jet ski. Warnie's ex-wife and the kid's mother Simone Callahan and ex-fiancé model Elizabeth Hurley were left with nothing. Jackson business ventures continue with him announcing a new podcast on Wednesday 'Warnes Way', inspired by his late father. Jess Ingham Jess Ingham, 36, is the granddaughter of late Jack Ingham, the co-founder of the Ingham chicken empire. She married building tycoon Roger Zraika in 2021. Living in a luxury three-bedroom apartment in Woolloomooloo, above John Laws, Ms Ingham briefly listed it for $15m before deciding to stay, after purchasing the property in 2016. Her family's wealth is bolstered by a multi-million-dollar property portfolio. Justin Hemmes A hospitality tycoon, Justin Hemmes, CEO of Merivale Hospitality Group, resides in the historic $200m 'The Hermitage' waterfront mansion in Vaucluse, in Sydney's Eastern Suburbs. His parents, the late John Hemmes and mother Merivale, had used mostly cash in 1975 for what was Australia's first house sale of $1m. In 2011, Justin moved in and transformed the 1831 Gothic home, updated the kitchen door knobs and installed five-metre steel-and-glass doors to open up the ground floor to indulge in the views of Sydney Harbour. Merivale has over 90 brands and venues which include Totti's, Lorne Hotel, Coogee Pavilion Precinct, Mr Wong, and The Vic on The Park. Fransesca Packer-Barham Fransesca Packer-Barham, the granddaughter of billionaire Kerry Packer, and niece of James Packer made weaves in the property market from a young age. She purchased a Potts Point apartment for $2.1m at 21, before selling it for $2.6m four years later. Her later property included a $16m Darlinghurst whole-floor 360-degree harbour view apartment which sold for a jaw-dropping $27.5m last year.
The Age
29-05-2025
- Business
- The Age
Twiggy drops off as three West Australians make AFR's Rich List top 10
West Australian mining billionaire Andrew Forrest has fallen out of the Australian Financial Review Rich List top 10 for the first time in more than 15 years. The iron ore tycoon was ranked the richest man in Australia from 2020 to 2023, before beginning to slide down the rankings following his split from wife, Nicola, and the dividing of their shared fortune in 2023. Nicola Forrest remains in the top 10, ranked ninth with an estimated fortune worth $12.8 billion, due to holding slightly more of the family's Fortescue shares than her estranged husband. Fellow WA mining magnate Gina Rinehart has held her position as the richest Australian for the sixth year in a row despite her fortune shrinking slightly from $40.6 billion in 2024 to $38.1 billion this year due to falling iron ore prices. Rinehart's Hancock Prospecting is the country's largest private mining company, with its Roy Hill mine in the Pilbara its most valuable asset. Rounding out the West Australian contingent in the top 10 was media mogul and Seven Group Holdings boss Kerry Stokes with an estimated value of $12.7 billion – a figure which has nearly doubled since 2020, when his worth was forecast to be around $6.3 billion. This year marks Stokes' return to the top 10 after last appearing on the list five years ago. Meanwhile, one West Australian was also among the 10 debutants to feature on the list for the first time this year.
Sydney Morning Herald
29-05-2025
- Business
- Sydney Morning Herald
Twiggy drops off as three West Australians make AFR's Rich List top 10
West Australian mining billionaire Andrew Forrest has fallen out of the Australian Financial Review Rich List top 10 for the first time in more than 15 years. The iron ore tycoon was ranked the richest man in Australia from 2020 to 2023, before beginning to slide down the rankings following his split from wife, Nicola, and the dividing of their shared fortune in 2023. Nicola Forrest remains in the top 10, ranked ninth with an estimated fortune worth $12.8 billion, due to holding slightly more of the family's Fortescue shares than her estranged husband. Fellow WA mining magnate Gina Rinehart has held her position as the richest Australian for the sixth year in a row despite her fortune shrinking slightly from $40.6 billion in 2024 to $38.1 billion this year due to falling iron ore prices. Rinehart's Hancock Prospecting is the country's largest private mining company, with its Roy Hill mine in the Pilbara its most valuable asset. Rounding out the West Australian contingent in the top 10 was media mogul and Seven Group Holdings boss Kerry Stokes with an estimated value of $12.7 billion – a figure which has nearly doubled since 2020, when his worth was forecast to be around $6.3 billion. This year marks Stokes' return to the top 10 after last appearing on the list five years ago. Meanwhile, one West Australian was also among the 10 debutants to feature on the list for the first time this year.
