Australia’s most high profile media buyer Harold Mitchell is among the big names in the new edition of BRW’s Rich List, released this afternoon.
Pic: Courtesy of Fairfax Media
Mitchell – founder of the now ASX-listed Mitchell Communication Group – is at number 181 on the list of the 200 richest Australians, with an estimated fortune of $180m.
Last year an individual’s net worth had to be at least $200m to get on the list, but the downturn has seen that reduced to $150m.
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Mitechell has been on and off the list previously. he first went onto it in 1989 with an estimated wealth of $35m. Video of him talking about his appearance on the list can be seen here.
Other big names from the media world include:
- Kerry Stokes (number 11; $1.9bn), whose empire includes significant stakes in the Seven Network, West Australian Newspapers and Pacific Magazines;
- James Packer (number 6; $3bn), who now only has fractional stakes in Nine and ACP Magazines, but retains, through CMH, a major interest in Foxtel.
- Bruce Gordon (number 19, $1.27bn)owner of regional TV player WIN;
- Reg Grundy (number 35, $799m), TV format king;
- John B and Timothy Fairfax (number 55, $618m)- part owners of Fairfax Media;
- The Hannans ($695m) – owners of Hannan Print and Blue Freeway;
- Veteran adman and radio network owner John Singleton (number 169, $195m).