The richest people in Victoria represent a diverse mix of industries, including packaging, mining, technology, property, and healthcare. Based in Melbourne and across regional hubs, these high-net-worth individuals are among Australia’s financial elite. As of 2025, Victoria remains a major wealth generator, and these ten individuals stand out for their business acumen, innovation, and philanthropic impact. Here are the top 10 richest people in Victoria by net worth in Australian Dollars (AUD) and U.S. Dollars (USD).
Top 10 Richest People in Victoria
1. Anthony Pratt & Family
- Industry: Packaging & Recycling
- Estimated Net Worth: AUD 28.57 billion (~USD 18.8 billion)
- Overview: Chairman of Visy Industries, Pratt controls one of the world’s largest packaging and recycling companies, with operations in Australia and the U.S.
2. Clive Palmer
- Industry: Mining
- Estimated Net Worth: AUD 22.32 billion (~USD 14.7 billion)
- Overview: Though based in Queensland, Palmer owns major assets in Victoria, particularly in mining and mineral rights, and has a strong political presence.
3. Richard White
- Industry: Technology (Logistics Software)
- Estimated Net Worth: AUD 15.01 billion (~USD 9.9 billion)
- Overview: Founder of WiseTech Global, Richard White has revolutionized logistics and global freight management software from his Victorian base.
4. Melanie Perkins & Cliff Obrecht
- Industry: Technology (Graphic Design Software)
- Estimated Net Worth: AUD 14.02 billion (~USD 9.2 billion)
- Overview: Founders of Canva, their intuitive design platform has become a global creative solution, with headquarters and operations partly in Victoria.
5. Larry Kestelman
- Industry: Property & Telecommunications
- Estimated Net Worth: AUD 1.27 billion (~USD 840 million)
- Overview: Entrepreneur behind Dodo Internet and developer of several Melbourne landmarks. Also owns the National Basketball League (NBL).
6. Lloyd Williams
- Industry: Property Development, Horse Racing
- Estimated Net Worth: AUD 990 million (~USD 660 million)
- Overview: Founder of Crown Casino and winner of multiple Melbourne Cups, Williams blends real estate investment with thoroughbred racing.
7. Geoff Harris
- Industry: Travel, Philanthropy
- Estimated Net Worth: AUD 851 million (~USD 567 million)
- Overview: Co-founder of Flight Centre and major investor in youth and mental health initiatives throughout Victoria.
8. Alex Waislitz
- Industry: Investments
- Estimated Net Worth: AUD 749 million (~USD 499 million)
- Overview: Founder of Thorney Investment Group, Waislitz is known for his smart investment strategies and active philanthropy in Victoria.
9. Kerry Stokes
- Industry: Media, Construction
- Estimated Net Worth: AUD 6.26 billion (~USD 4.1 billion)
- Overview: While primarily based in WA, Stokes has property and media holdings in Victoria through Seven Network and industrial firms.
10. Sam Hupert & Anthony Hall
- Industry: Medical Imaging Technology
- Estimated Net Worth: Combined AUD 1.2 billion (~USD 800 million)
- Overview: Co-founders of Pro Medicus, a high-growth imaging software firm with 90% of its revenue from North America, headquartered in Melbourne.
Conclusion
The richest people in Victoria play a vital role in shaping Australia’s economic direction through bold investments, innovation, and global influence. From logistics and property to software and recycling, these individuals have transformed their ventures into billion-dollar empires, all while contributing to Victoria’s continued prosperity.
