52-416: Rich List or The Rich List may refer to: Lists of rich people [ edit ] Financial Review Rich List , formerly BRW Rich 200, a list of Australia's wealthiest individuals and families National Business Review Rich List , an annual list of richest New Zealanders Sunday Times Rich List , a list of the wealthiest people or families resident in
104-657: A 14 percent stake in the company. Rinehart also sought a position on the Fairfax board. By June 2012, Rinehart had increased her stake in Fairfax Media to 18.67 percent, and was believed to seek three board seats and involvement in editorial decisions. There were reports that Rinehart sought to increase her total share to 19.99%, the maximum allowed before a takeover offer must be made. But provisions in Fairfax Media's insurance policy denied cover for directors owning more than 15%, so Rinehart had to sell down to 14.99%. Rinehart
156-583: A 51% of the combined entity and Fairfax shareholders own 49%. Fairfax Media was delisted from the Australian Securities Exchange in December 2018. Fairfax had a portfolio of print and digital media assets. The Fairfax divisions cover: Fairfax held a 60% stake in Domain Group , a digital real estate business containing Domain.com.au, which was a wholly owned subsidiary until it was spun off as
208-720: A 55% share in Macquarie. A party may hold only two radio licences in each market, so some stations including 2CH and the Macquarie Regional Radio network were sold. In turn, 96FM Perth was sold to Australian Radio Network . The merger was completed in March 2015. In 2015, Fairfax created a partnership with The Huffington Post to launch HuffPost Australia. Drive.com.au is an Australian motoring website founded by in 1996 by Fairfax Media. In 2015 Fairfax outsourced production to 112 Pty Ltd, owner of The Motor Report. After
260-470: A A$ 2.9 billion bid for Fairfax Media, starting a bidding war with TPG Capital for Fairfax. Fairfax opened books to both parties, opening the door for The Sydney Morning Herald and The Age to pass into foreign ownership. On 26 July 2018, Fairfax Media and Nine Entertainment Co. announced it had agreed on terms for a merger between the two companies. Shareholders in Nine Entertainment Co. took
312-595: A daily business tabloid, The Australian Financial Review . Fairfax also owned papers in major regional centres, including the Illawarra Mercury (Wollongong), The Newcastle Herald (Newcastle), The Border Mail (Albury-Wodonga), The Daily Advertiser (Wagga Wagga), The Warrnambool Standard (Warrnambool), The Courier (Ballarat) and Bendigo Advertiser (Bendigo). In addition, its subsidiary Fairfax Community Newspapers publishes 35 community newspapers serving suburban Victoria and New South Wales . As
364-456: A daily ranking of the world's top 500 richest people List of Chinese by net worth List of French billionaires by net worth List of South Korean billionaires by net worth List of wealthiest families List of wealthiest organizations Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Rich List . If an internal link led you here, you may wish to change
416-572: A market capitalisation of over A$ 5 billion. The number of printed edition readers has fallen since 2006 and the group's stock price has declined by more than 60 percent since 2007, to less than A$ 2 billion by September 2011, and by 85 percent at June 2012. On 11 July 2007, Fairfax Media acquired the former radio assets of Southern Cross Broadcasting (on-sold from Macquarie Media Group's purchase of SCB): 2UE Sydney, 3AW and Magic 1278 Melbourne, 4BC and 4BH Brisbane, and 6PR and 96fm Perth. Graham Mott will continue in his role as general manager of
468-463: A personal net wealth of US$ 7.6 billion in 2011, due to Murdoch becoming a naturalised US citizen in 1985, he was excluded from the list. The BRW Rich Families List was first published annually between 2008 and 2015. In every year of its publication the Smorgon family has headed the list, with estimated wealth of A$ 2.74 billion in 2015 spread across seven branches of the family. In 2015
520-447: A personal net worth of A$ 37.41 billion . Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest individual in every year since 2020, when her net worth was assessed at A$ 28.89 bn. Rinehart succeeded Anthony Pratt and family, who held the mantle of Australia's wealthiest individual between 2017 and 2019, and also in 2009. Pratt succeeded Harry Triguboff who topped
572-493: A publicly listed company in November 2017. Fairfax Media published metropolitan, agricultural, regional and community newspapers, financial and consumer magazines. In Australia, mastheads include The Sydney Morning Herald , The Age , The Australian Financial Review , The Canberra Times , The Sun-Herald , Stock And Land and The Land . Fairfax published The Age and The Sydney Morning Herald . It also publishes
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#1732849124208624-409: A range of similar classifieds and local newspaper websites. On 21 December 2012, Fairfax Media announced the acquisition of Netus Pty Ltd, a technology investment company. Netus owned 85% of Allure Media . Fairfax purchased the remaining 15 per cent of Allure Media from minority shareholders resulting in Fairfax ownership of 100 per cent of Allure Media. Allure Media own a range of websites, including
676-466: A result of its Rural Press acquisition, Fairfax took control of many newspapers including The Canberra Times and The Land . On 30 April 2019, Nine announced the sale of Fairfax community papers to former Fairfax Media executive Antony 'The Cat' Catalano for $ 115 million. Fairfax published a number of magazines, such as The Magazine (Sydney) , The Age Magazine (Melbourne) and Good Weekend , which were distributed with their newspapers. In addition,
728-434: Is branded AIR). MyTalk , a datacasting channel, was officially purchased from Southern Cross Broadcasting on 5 November 2007, and ceased broadcasting on 25 February 2008. In late 2011, John B. Fairfax and his family investment company, Marinya Media, sold their remaining 9.7 percent stake in Fairfax Media for A$ 189 million. The sale came after an earlier dispute between John B. Fairfax and Ron Walker , Chairman of
780-581: The BRW Rich 200 , is a list of Australia 's two hundred wealthiest individuals and families, ranked by personal net worth published annually in The Australian Financial Review Magazine , a supplement of The Australian Financial Review , published by Nine Publishing . The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from
832-571: The Brisbane Times . The website initially employed 14 journalists and was an attempt by Fairfax to break into the South East Queensland market. On 20 March 2007 Fairfax Media launched a new business website, BusinessDay.com.au that aggregated feeds from the other news vehicles in the Fairfax stable as well as "from the world's most respected news sources". It featured breaking news updated "every 15 minutes". Also in 2007 Fairfax Media bought
884-831: The Brisbane Times ; and in Western Australia as WAtoday . Both The Age and The Sydney Morning Herald produce a limited amount of video content, which is only available online. As a rival to Nine.com.au 's Nine News and Yahoo7 's Seven News , Fairfax websites previously had non-exclusive licensing deals to replay news video content from broadcaster Network Ten and its former main news service Ten News at Five (now Ten Eyewitness News ). Fairfax's deal with Ten has now discontinued when their news video content are now being shown on Ten's catch-up service, Tenplay which launched in late 2013. From 2014, Fairfax now have non-exclusive licensing deal with Channel Seven by using clips from Seven News with Mark Ferguson . Rural Press owns
936-605: The Financial Review website. In 2017, the list was renamed as the Financial Review Rich List , published in both print and online. The most recent list was published in May 2023. In 2023, the entry mark for the 200 th richest individual was A$ 690 million – an increase of A$ 100 million on the 2021 entry mark. The wealthiest individual in the 2023 list was Gina Rinehart , estimated to have
988-634: The Financial Review Rich List . The Financial Review Rich List is one list in a series of lists published by the Financial Review and/or were previously published by the BRW . Other lists included: Fairfax Media Fairfax Media was an media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons , who purchased The Sydney Morning Herald in 1841. The Fairfax family retained control of
1040-416: The 1980s), and through John B. Fairfax of Rural Press, saw the return of the Fairfax family to the company board. The company also gained a number of other regional newspapers, radio stations and websites; plus agricultural publications in various countries. On 12 January 2007, John Fairfax Holdings changed its name to Fairfax Media. On 7 March 2007, Fairfax Media announced a new website for Brisbane, called
1092-696: The Australian licenses for Lifehacker , Gizmodo and Kotaku . Fairfax Syndication manages the commercial licensing and distribution of text, photographic and multimedia content to media companies and commercial clients worldwide. Fairfax Syndication has enabled instant online licensing and has developed a customised syndication application 'API' that allows existing and future syndication clients access to real-time content from multiple websites for immediate use on other platforms. The division also represents their image library and photo syndication service containing over 16 million images. The New Zealand subsidiary
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#17328491242081144-556: The Board of Fairfax Media, which led to the very public departure of Walker. Continued poor performance of Fairfax Media in light of changing news services was cited as one of the reasons for the sale of Marinya Media's interests in Fairfax. John B. Fairfax had earlier stood down from the Fairfax board, and his son, Nick Fairfax, was reported to be discussing his future with the rest of the company board. In 2012, mining billionaire Gina Rinehart became Fairfax's biggest shareholder, purchasing
1196-602: The InvestSMART business to Australasian Wealth Investments Limited, now called InvestSMART Group Limited, for A$ 7M. In August 2005, Fairfax ended its 16-month search for a new chief executive officer with David Kirk , a former Rugby Union World Cup winning captain of the New Zealand All Blacks being appointed to replace departing CEO Fred Hilmer . David Kirk got the job ahead of Fairfax COO Brian Evans (former head of Fairfax New Zealand) and Doug Flynn , who took
1248-646: The United Kingdom Television shows [ edit ] The Rich List (American game show) , original version of the game The Rich List (Australian game show) , 2007–2009 Rich List (German game show) , 2007–2008 See also [ edit ] Who Dares Wins (British game show) , based on the American show Forbes 400 , or 400 Richest Americans , a list published by Forbes magazine The World's Billionaires , an annual list compiled by Forbes Bloomberg Billionaires Index ,
1300-479: The broadcast radio group under Fairfax. Mott indicated at the time of the acquisition that national syndication of programming (such as that of the since-retired John Laws ) would largely be replaced on the network with more localised syndication at a state level. Fairfax also acquired Satellite Music Australia (SMA) as part of the SCB deal, who provide music channels to retailers, as well as Foxtel and Austar (where it
1352-410: The broadsheet Sunday Herald . In 1987, Warwick Fairfax , then aged 26, bought out his family's holdings in the company using borrowed debts. He successfully took ownership of the company, selling some properties to his half-brother John B. Fairfax, who formed Rural Press . On 10 December 1990, the company collapsed and a receiver was appointed, with company debts of A$ 1.7 billion. By 1993,
1404-464: The brunt of the cuts, with 160 full-time employees losing their jobs. On 5 December, David Kirk tendered his resignation, and on 10 December Brian McCarthy (former Rural Press CEO) was appointed as CEO. A new campaign, "Fair Go, Fairfax: Don't discount journalism", was launched by the MEAA in protest to the cuts arguing that the jobs losses will affect "quality journalism". As of May 2008 Fairfax Media had
1456-519: The business until late in the 20th century. The company also owned several regional and national Australian newspapers, including The Age , Australian Financial Review and Canberra Times , majority stakes in property business Domain Group and the Macquarie Radio Network , and joint ventures in streaming service Stan and online publisher HuffPost Australia . The group's last chairman
1508-454: The company in December 1990. It was renamed from John Fairfax Holdings to Fairfax Media in 2007. The Australian Financial Review was founded in 1951. In that decade, Fairfax started two television stations, ATN and QTQ . Fairfax began expanding in the 1960s, acquiring, among others, The Age , The Newcastle Herald and the Illawarra Mercury . In 1979, Rupert Murdoch attempted to acquire rival The Herald and Weekly Times . Due to
1560-583: The company published business-centered magazines including BRW (since December 2013, only published online), AFR Smart Investor , AFR Magazine , AFR Boss , CFO Australia , MIS (magazine) and Asset (Magazine) . Fairfax owned a profitable Australian online subsidiary, Fairfax Digital, which was once known as the F2 Network. Fairfax publishes web editions of most of its newspaper titles, as well as digital only news sites in South East Queensland as
1612-598: The company was re-listed on the Australian Securities Exchange and the two biggest shareholders of John Fairfax Holdings were the Canadian newspaper magnate Conrad Black and his Hollinger Group with 25%, and the Australian media mogul, Kerry Packer and his publicly listed company, Publishing and Broadcasting Limited with 15%. Due to Australian government concerns over media consolidation that limited any single foreign shareholder holding more than 25% interest in national and metropolitan newspapers, after intense lobbying for
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1664-563: The costs of defending the acquisition, Fairfax sold its television properties, including the Seven Network . In 1988, Fairfax sold its magazines (including Woman's Day , People , Dolly , and Good Housekeeping ) to Australian Consolidated Press , and discontinued its Sydney afternoon tabloid The Sun , transferring some of its content and the sponsorship of the City to Surf to its new Sunday tabloid The Sun-Herald which also replaced
1716-435: The group as Nine Publishing . Many of its other assets, such as its community media holdings were sold shortly after the merger was completed. John Fairfax purchased The Sydney Morning Herald in 1841. Several generations of the Fairfax family continued to control the company. Fairfax Media was founded by the Fairfax family as John Fairfax and Sons, later to become John Fairfax Holdings. The Fairfax family lost control of
1768-433: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Rich_List&oldid=1167989933 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Financial Review Rich List The Financial Review Rich List , formerly known as
1820-418: The list comprised fifty families with an entry point of A$ 302 million. The families list has not been published in hard copy or online since 2015. On 4 March 2016, Fairfax Media announced the closure of the BRW website, and redirected the site to a new section of The Australian Financial Review . Rich lists are now published in The Australian Financial Review Magazine and in 2017 were rebranded as
1872-558: The list in 2016, when it was estimated he had a personal net worth of A$ 10.62 billion. Nine individuals and/or families have made every list; including Maurice Alter , Lindsay Fox , John Gandel , John Kahlbetzer, Solomon Lew , Frank Lowy , Alan Rydge , Kerry Stokes , and Harry Triguboff. In 2014 fourteen women and 186 men made the BRW Rich 200 list; and by 2017 the number of women had increased to fifteen women; increased to nineteen women (either jointly or severally) in
1924-450: The list published in 2018; in 2019, twenty-six women were included on the 2019 Rich List, representing 13 percent of the total list; in 2020, the number of women included on the list, either jointly or severally, increased to 30 women; and increased again to 39 women on the 2021 list; representing 19.5 percent of the total list. It 2023, the number of women decreased to 36, the first decrease in many years. The Financial Review Rich List
1976-631: The mantle in every year since. The list has sometimes caught the ire of those profiled. In an essay celebrating the 25th anniversary of the BRW , Jefferson Penberthy, the founding editor of the BRW Rich 100 wrote that Australian entrepreneur Dick Smith , at one stage valued at A$ 50 million, did not want to appear on the list. When told that the cut off was A$ 35 million, Smith publicly divested A$ 20 million to charities. The Financial Review Rich List excludes individuals who have renounced their Australian citizenship. For example, despite Rupert Murdoch being born in Australia and having
2028-487: The passage of changes to Australian media laws. Rival media company News Corp Australia purchased a 7.5 per cent stake in the company at this time, This was with the stated aim of keeping Fairfax in one piece. On 7 December 2006, John Fairfax Holdings and Rural Press announced the beginning of their merger proceedings. Once merged, the new entity formed a publishing company worth A$ 9 billion and resulted in regaining control of The Canberra Times (which it owned in
2080-529: The previous year, if listed. The list was historically released annually in May or June in a special issue of the Business Review Weekly (BRW) , published by Fairfax Media . The final hardcopy issue of BRW was published in November 2013, and between 2014 and March 2016, the list was published online only. In March 2016 the BRW Rich 200 was published in hardcopy in The Australian Financial Review Magazine (or AFR Magazine ), and published online on
2132-470: The radio assets of Southern Cross Broadcasting . Macquarie Media Group purchased Southern Cross for A$ 1.35 billion and onsold these assets to the Fairfax Group. On 26 August 2007, Kirk and Deputy CEO Brian McCarthy announced that 550 staff would be cut as part of a "business improvement" programme. The staff reductions would take place in both Australia and New Zealand, with the latter country bearing
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2184-408: The remaining 15% from minority shareholders. Allure Media own a range of websites, including the Australian licenses for Business Insider, Lifehacker, Gizmodo, and Kotaku. In 2014, Fairfax Media founded online streaming company Stan with Nine Entertainment , investing $ 50 million into the joint venture. In December 2014, Fairfax merged with Macquarie Radio Network . Under the deal, Fairfax gained
2236-453: The right to increase his stake, Black conceded defeat in 1996, selling his holding to the New Zealand corporate raider Brierley Investments , that was ultimately subject to the same restrictions. In 2003, Fairfax acquired many of New Zealand's highest-profile newspapers when it bought the publishing assets of that country's Independent Newspapers Limited , whose cornerstone shareholder
2288-429: The takeover of Fairfax Media by Nine Entertainment , in 2019 is merged with the latter's CarAdvice platform. In March 2016, many staff from its newspaper divisions went on a 4-day strike over planned job cuts of 120 editorial staff from The Sydney Morning Herald , The Age and The Australian Financial Review . All printed and digital editions continued during the action. On May 18, 2017, Hellman & Friedman made
2340-483: The top job at UK Pest control company Rentokil after negotiations with Fairfax broke off. In March 2006, Fairfax acquired New Zealand auction website Trademe.co.nz for NZ$ 700 million. On 4 March 2006, it was announced that Fairfax would purchase The Border Mail newspaper in Albury-Wodonga for A$ 162 million. In October 2006, speculation began to grow that the company would be bought out and split up after
2392-684: Was News Corp Australia . In July 2005, Fairfax acquired the RSVP dating site for A$ 38 million. In August 2005, Fairfax's general classifieds site created in March 2004, Cracker.com.au consistently exceeded 500,000 unique visitors a month. In December 2005, Fairfax acquired Stayz Pty Ltd for A$ 12.7 million. This investment proved to be successful as Stayz was sold on 27 November 2013, for $ 220 million, exceeding its estimated net debt of $ 154 million. In September 2007, Fairfax acquired online funds management business, InvestSMART, from founders Ron Hodge and Nigel Poole for A$ 12M. In August 2013, Fairfax sold
2444-480: Was Nick Falloon and the CEO was Greg Hywood . On 26 July 2018, Fairfax Media and Nine Entertainment Co. announced it had agreed on terms for a merger between the two companies. Shareholders in Nine Entertainment Co. took a 51% of the combined entity and Fairfax shareholders own 49%. Fairfax Media was delisted from the Australian Securities Exchange in December 2018. Its metro publishing assets continue to be published by
2496-412: Was denied a place on the board because she would not agree to Fairfax's charter of independence, and sold her stake in 2015. On 18 June 2012, as part of evolving to a sustainable model for its news media business, Fairfax Media announced it would cut 1,900 staff and begin to erect digital paywalls around its two main metropolitan news brands, The Sydney Morning Herald and The Age . It also announced it
2548-440: Was first published in 1984 as the BRW Rich 100 , with an entry point of A$ 10 million, that profiled 144 people and 20 families. In 2008 it was the first time in more than 20 years that Kerry or James Packer had not headed the list. Andrew Forrest was listed as the richest person in Australia, with a net worth estimated at A$ 9.41 billion, with James Packer listed third with A$ 6.1 billion. In 2009 Pratt
2600-453: Was named Fairfax New Zealand Limited until 2018, when it was renamed Stuff Limited to align with the name of its flagship website . It was sold to its CEO Sinead Boucher in a management buyout for $ 1 NZD in 2020. Parent company Nine retained most of the proceeds of the sale of Stuff's broadband subsidiary to Vocus Group , and maintained control of its Wellington printing press operation. On 1 September 2011, Fairfax New Zealand announced
2652-440: Was shifting to "compact" or tabloid-sized editions of the broadsheet newspapers from March 2013, and that its two printing facilities at Chullora and Tullamarine would close. The changes, prompted by shrinking advertising revenue, were expected to generate A$ 235 million in annual savings over three years. In 2012, Fairfax Media acquired Netus Pty Ltd, a technology investment company which owned 85% of Allure Media, and purchased
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#17328491242082704-439: Was top of the list with A$ 4.3 billion. In 2010, the founder of Westfield , Frank Lowy, who has appeared on the list every year, was Australia's richest individual with an assessed personal net worth of A$ 5.04 billion. Rinehart held the mantle between 2011 and 2015; and Triguboff in 2016. Pratt held the mantle again, between 2017 and 2019. Rinehart returned in 2020 as Australia's wealthiest individual, and retained
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