MARKETS

Seven miners in Forbes Australian rich 40

ENTREPRENEURS directly associated with the Australian mining industry make up 17.5% of the latest...

Nick Evans
Seven miners in Forbes Australian rich 40

Forrest heads the list, with an estimated $US4.1 billion net worth (including family holdings), with the second richest mining identity Gina Rinehart (number seven on the full list) lagging his wealth by more than $US2.1 billion, with an estimated $US2 billion net worth.

Angela Bennett and Michael Wright, the children of Lang Hancock’s former partner Peter Wright, take more than $US100 million in royalties from Rio Tinto, and fall just short of the $US1 billion net wealth mark at $US975 million.

They come in at number 14 on the Forbes list, followed by Macarthur Coal founder Ken Talbot ($US820 million) at number 21.

Worley Parsons’ John Grill ($US740 million) makes his appearance at number 23 (just behind Kerry Stokes – who should perhaps count as a mining figure thanks to WesTrac, but is more commonly known as a media magnate), followed by Clive Palmer ($600 million) at a subdued number 36.

Paul Fudge is the only new entrant from the mining sector, according to Forbes, coming in at 38, after selling a coal seam gas exploration permit to Origin Energy for $466 million last year.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production