Australia`s richest man, Rhinehart. (Getty pictures)
Gina Rinehart has lost nearly$22 billion($2.8 billion)worth of his home worth over the past year, but Mr. Rhinehart is still the best in Australia, according to Forbes` s list of global billionaires.
Australia`s iron ore queen Reinhardt still has a place in the world`s top 100 billionaires.
But her ranking fell to 75 in 2019 from 69 last year, although her current $15.2 billion (A $21.5 billion) fortune should not be underestimated.
Reinhart, who recently expanded into the cattle industry, is still Australia`s No. 1 billionaire, according to Forbes` rich list, which was released on Wednesday.
Reinhart is ahead of other Australian millionaires, including developers Trigupov (Harry Triguboff), packaging tycoon Pratt (Anthony Pratt), software company Atlassian software founder Mike Cannon-Brookes and Farqual (Scott Farquhar).
Casino investor Pike (James Packer) ranks 597 on the global billionaire list with a net worth of $3.6 billion (A $5.1 billion) and ninth in Australia. But Pike`s net worth has fallen to $4.1 billion (A $5.8 billion) since 2018.
There are 2153 billionaires around the world, including Bill Gates (Bill Gates), founder of Amazon (Amazon) `s Bezos (Jeff Bezos), Microsoft (Microsoft).
Their combined net worth of $8.7 trillion is enough to buy nearly 124000 high-end G / 650 private aircraft by Gulfstream Aerospace, the Gulfstream, American aircraft maker.
Australia has 36 billionaires with a combined net worth of $114.4 billion (A $161.8 billion), the equivalent of nearly 4 million average home cars. (Zheng Peiyan)
