The Australian valued him at $2.851 billion in 2019, whilst The AFR valued him at $2.33 billion. Maurice Alter: migrated to Melbourne from Poland in the 1950s and is now a billionaire courtesy of a burgeoning property empire which started with two shops and a bank building in Kew and extended to shopping centres such as Forest Hill Chase (since sold) and Epping Plaza. When he died, the company, which included Softwoods Holdings and Timber Holdings Tasmania was taken over by CSR. The Australian valued at $512 million in 2019.Īlstergren family: it all began with Edvaad Alstergren who emigrated to Tasmania from Norway, married an Australian, Marjorie, had seven children and made a fortune in timber. A former Victorian Treasurer of the Liberal Party who hosted a tribute dinner for Peter Costello at his Melbourne mansion in late 2008 but then lost out to Kelly O'Dwyer in the 2009 Higgins preselection contest. The stock plunged from more than $3 before the GFC to a low of 22c, but it was back up to $1.85 in early 2020. He owns shares worth more than $100 million. Sir Peter Abeles estate: the tycoon's two children shared in a fortune which included the $15.5 million reportedly fetched at the 2013 auction for his Bellevue Hill mansion.Īndrew Abercrombie: the founder chairman of leasing company FlexiGroup (now renamed Humm), which listed in late 2006.

His son Sahba Abedian also owns 6 million shares in his own right.

James Packer came and went as a Sunland shareholder and director after the Dubai expansion ran into trouble. Soheil Abedian: living on the Gold Coast but Iranian born, the CEO of listed property developer Sunland owns an 18% stake or 45.7m shares, which was worth more $200 million at its peak.

Four Seasons of Patrick by Susan Hughes