10 Richest People in Australia as of 2015

17 January 2015

Top 10 Richest People in Australia as of 2015

If you were wondering who are the richest people in Australia, this is the right place to be.

Australia is the world’s sixth largest country, located in Oceania. Its land consists of numerous smaller islands, the island of Tasmania and the Australian Continent.

Australia has the most expensive G20 economy in the world and a study showed that the cost of goods and services in Australia is higher when compared to other European countries ( Switzerland, Norway, Denmark ) .

According to the World Bank study on economies around the globe, Australia is the fourth most expensive country in the world to live in.

This been said, let’s now have a look at the richest people in Australia.

Kerr Nielson

# 10 Kerr Nielson | Richest People in Australia | Top 10
# 10 Kerr Nielson | Richest People in Australia | Top 10

The first billionaire on our list is Kerr Nielson.

Source of Wealth – Investments

Net Worth: $2.9 Billion

Kerr Nielson is an Australian investment manager. He started his financial management career in the investment department of Courtaulds, a manufacturer of fabric, clothing, artificial fibres, and chemicals from London.

Kerr Nielson is the co-founder and managing director of Platinum Asset Management and often called the Warren Buffet of Australia, because of its abillity to consistently select high performing stocks.

In 2009, together with his wife Judith Nelson, opened the White Rabbit Gallery in Sydney. This gallery particularly prides itself with expositions of Chinese post-2000 art.

NEXT: #9 Paul Ramsay

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