The Financial Review Rich List for 2020 is out
AFR has unveiled its list of top 200 wealthiest Aussies, with COVID-19 induced effects helping many on the list to deliver excellent performance. Mining magnate, Gina Rinehart has claimed the No.1 position in the 2020 Rich List for the first time since 2015. Ms Rinehart’s wealth rose by 109 per cent from last year to a record $29 billion.
* 2020: The year for the Iron Ore Miners
The list of the 2020’s wealthiest Aussies is a testament that the year has proven great for Australian Iron Ore Miners. Global Governments, in a bid to revive the economy, poured significant investment in the infrastructure projects.
* COVID-19 Trends Evident on the List
COVID-19 has been a tipping point for the Australian businesses who are adapting to the changing landscape that seems to offer fruitful grounds to the technology and other innovative players. The Financial Review Rich List for 2020, highlighting some major changes, could be a reflection of what lies ahead for the Australian business environment.