Australia's live real-time rich list: Thursday 27 August update
Forbes Australia's live australias realtime rich list showed Australia's 57 billionaires added a combined $881.9 million on Thursday, 27 August, led by Pro Medicus co-founders Sam Hupert and Anthony Hall. Gina Rinehart remained the country's richest person at $25.4 billion, ahead of Harry Triguboff at $23.3 billion, as the tracker refreshed public holdings every five minutes. The daily briefing is part of Forbes Australia's rolling real-time billionaires ranking, which maps market moves against the previous trading day's close.
Key Takeaways
- Australia's confirmed billionaires gained a combined $881.9 million in net worth on the session Forbes tracked for 27 August.
- Pro Medicus shareholders Sam Hupert (+$359.4M) and Anthony Hall (+$358.8M) were the day's biggest individual gainers, each crossing $3.8 billion.
- Gina Rinehart held the No. 1 spot at $25.4 billion, with mining and property fortunes still dominating the upper ranks.
- Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar added a combined $450.5 million as software fortunes climbed.
- Forbes updates public holdings every five minutes during market hours and private-company valuations once daily.
Who topped Forbes Australia's live rich list on 27 August?
Gina Rinehart stayed at the summit of the Forbes Australia Real-Time Rich List with a net worth of $25.4 billion. Forbes credits her Hancock Prospecting iron-ore empire, expanded into rare earths, gas and cattle, as the foundation of that fortune.
Harry Triguboff ranked second at $23.3 billion through apartment developer Meriton, while Andrew Forrest and family held third at $18.0 billion despite a $50.7 million daily dip tied to mining holdings. Anthony Pratt sat fourth at $11.9 billion via packaging group Visy Asia-Pacific.
Tech fortunes filled out much of the top ten. Mike Cannon-Brookes ranked fifth at $11.5 billion and Scott Farquhar sixth at $11.1 billion, both tied to Sydney software firm Atlassian. Canva co-founders Melanie Perkins and Cliff Obrecht each held $7.6 billion, while 95-year-old Frank Lowy ranked eighth at $8.8 billion.
Which Australian billionaires gained and lost the most?
The standout movers were Pro Medicus co-founders Sam Hupert and Anthony Hall, who each gained more than 10 percent. Hupert added $359.4 million to reach $3.8 billion, while Hall added $358.8 million to the same level, reflecting a strong session for the ASX-listed medical imaging firm.
Atlassian's co-founders also posted sizable gains. Cannon-Brookes rose $229.5 million, a 2.04 percent increase, and Farquhar added $221.0 million, up 2.02 percent. Vivek Chaand Sehgal of auto-parts group Motherson gained $88.9 million to $9.0 billion, and WiseTech Global founder Richard White added $84.7 million.
Mario Verrocchi recorded the largest decline, falling $91.2 million to $5.8 billion. Chemist Warehouse co-founder Sam Gance lost $51.4 million, Kerry Stokes shed $53.1 million, and Netwealth founder Michael Heine dropped $52.3 million. Andrew Forrest's family fortune slipped $50.7 million, a 0.28 percent move.
How does Forbes Australia track real-time billionaire wealth?
Forbes describes its Real-Time Billionaires ranking as a platform that tracks daily ups and downs for every Australian confirmed as a billionaire. Public shareholdings refresh every five minutes when respective stock markets are open, with a 15-minute price delay. Fortunes tied to private companies update once per day.
Where available, Forbes adjusts major private companies using industry- or region-specific market indices from FactSet Research Systems. Daily gainer and loser figures compare each fortune to the previous trading day's market close, not intraday peaks.
The live list currently tracks 57 Australian billionaires across mining, property, software, retail and healthcare. For broader context on how national wealth rankings differ from this market-driven tracker, see our Net Worth & Wealth coverage hub.
Why does the live rich list matter for investors?
Unlike annual rich lists published once a year, Forbes Australia's live tracker offers a near-real-time window into how ASX moves and private valuations reshape Australia's wealth hierarchy. A single strong session can reorder mid-list rankings, as seen when Pro Medicus shareholders each added more than $350 million in one day.
The 27 August update underscores how concentrated Australian billionaire wealth remains in mining, property and technology, while also showing how healthcare software can produce outsized daily swings. All figures on the Forbes tracker are denominated in U.S. dollars.