Page 79 - Forbes - USA (March 2018)

Bianca Rinehart AUSTRIA
NEWCOMER: Rinehart has been battling her mother,
Gina Rinehart, Australia’s richest person, since 2011. She GDP: $417 BIL
and her brother John Hancock argued that their moth- POPULATION: 9 MIL; BILLIONAIRES: 8
er mishandled the family trust, which Gina denied. Set TOTAL NET WORTH: $43.4 BIL (+$12.2 BIL VS. 2017)
up by her grandfather Lang Hancock, it included a 24%
stake in the family’s mining assets that was meant for Dietrich Mateschitz  Wolfgang Leitner 
Bianca, John and their two siblings, Hope Welker and $23 BIL #37 RED BULL $2 BIL #1215 ENGINEERING
Ginia Rinehart. By court order, Bianca replaced her Johann Graf  Reinold Geiger 
mother (who owns the rest) as trustee in 2015. The stake $8.1 BIL #186 GAMBLING $1.5 BIL #1561

is now worth $5.2 billion, making all four billionaires. BEAUTY PRODUCTS
Heidi Horten 
$3.4 BIL #679 RETAIL Helmut Sohmen 
FRANK LOWY Georg Stumpf  $1.3 BIL #1756 SHIPPING
$2.9 BIL #822 REAL ESTATE, Stefan Pierer ★
NEWSMAKER: The mall CONSTRUCTION $1.2 BIL #1867 AUTOMOTIVE
magnate agreed to sell his
9.5% stake in Westfield

Corp., which owns 35 shop-
ping centers in the U.K. FUSCHL AM SEE
and the U.S. (including one LOWER
RED BULL
in New York City’s World EXPATRIATES SALZBURG AUSTRIA VIENNA
Trade Center) to European DIETRICH WELS
property giant Unibail-Ro- MATESCHITZ
HAYMAN ISLAND ARLBERG
damco in late 2017. Lowy is BURGENLAND
HAMILTON ISLAND expected to walk away with CARINTHIA
nearly $1.5 billion in cash ZÜRS GRAZ
and shares. A Holocaust

survivor, he opened his first WOERTHERSEE
shopping center in western
Sydney in 1959. Lowy, 87,
plans to retire from West-
field but continue to lead

his family office.

RICHARD BRANSON’S
MAKEPEACE ISLAND
BRISBANE
SURFERS
PARADISE
BYRON BAY
HUNTER
VALLEY
Stefan Pierer
NEWCOMER: For the 17th year in a row, a motorcycle made by
Pierer’s KTM won its category at the Dakar Rally, one of the most
popular motorsport events in the world. Pierer founded Cross hold-
BAROSSA ing group (now KTM Industries) in 1987 and still serves as CEO.
YARRA VALLEY
SYDNEY Sales surpassed $1.8 billion in 2017.
15
CANBERRA
EXPATRIATES BELGIUM
GDP: $494 BIL
MELBOURNE
MELBOURNE
12 POPULATION: 11 MIL; BILLIONAIRES: 2 CHARLEROI
TOTAL NET WORTH: $8.3 BIL
(+$1.6 BIL VS. 2017)
Albert Frere 
$6.2 BIL #281 INVESTMENTS
Patokh Chodiev  EXPATRIATE
$2.1 BIL #1157 MINING, METALS
Lang Walker
TROPHY: The property develop-
er bought a 140-acre private island HOW TO READ THE MAPS
in Fiji in 2011 and spent millions fix-

ing it up. Renamed Kokomo, the CITY WITH SECOND THIRD FOURTH FIFTH
pseudonym of a composer whose THE MOST
music he played as a child and the BILLIONAIRES
name of all but one boat Walker Boxes correspond to the cities where billionaires
has ever owned, the island opened live, one box per person. Colored names on the list
to visitors in March 2017. The luxu- correspond to the color of the city where they live.
ry resort is enclosed by the Great
Astrolabe Reef, and is accessible John Doe 
$1 BIL #1940 FURNITURE
to travelers only via private sea- Total worth
plane or helicopter. Guests can Source of wealth
book the whole island for $130,000 Rank
per night. Change in wealth status from 2017
L TO R: DIEGO LEVY/BLOOMBERG; JESSICA HROMAS/FAIRFAX MEDIA; MELISSA ADAMS/THE CANBERRA TIMES/FAIRFAX MEDIA; BRYAN VAN DER BEEK/BLOOMBERG
MARCH 31, 2018 FORBES | 77