Canva founder, Melanie Perkins, has been crowned Australia’s second-richest woman, with a net worth of $5.27 billion AUD. This incredible achievement has ultimately contributed to Australia placing fifth globally for producing the highest number of female billionaires.
That’s according to the latest study from City Index, which scraped Forbes’ live billionaire tracker to find the country producing the most female billionaires, the richest woman according to the tracker and also the overall net worth of female billionaires in the country.
Country | No. of female billionaires | Total net worth AUD (billion) | Richest woman | |
1 | USA | 92 | $906.44 | Alice Walton |
2 | China | 50 | $205.20 | Wu Yajun |
3 | Germany | 32 | $156.42 | Susanne Klatten |
4 | Italy | 16 | $59.31 | Miuccia Prada |
=5 | Australia | 9 | $70.39 | Gina Rinehart |
=5 | Hong Kong | 9 | $59.28 | Kwong Siu-hing |
=5 | India | 9 | $51.51 | Savitri Jindal & family |
=8 | Switzerland | 8 | $47.35 | Magdalena Martullo-Blocher |
=8 | Spain | 8 | $29.46 | Sandra Ortega Mera |
=10 | Sweden | 7 | $41.51 | Antonia Axson Johnson & family |
=10 | Brazil | 7 | $24.90 | Lucia Maggi & family |
12 | France | 6 | $164.65 | Francoise Bettencourt Meyers & family |
=13 | Denmark | 4 | $26.69 | Agnete Kirk Thinggaard |
=13 | South Korea | 4 | $21.90 | Hong Ra-hee |
=13 | Israel | 4 | $12.53 | Shari Arison |
=13 | Turkey | 4 | $11.79 | Semahat Sevim Arsel |
Australia ranks joint 5th
Australia, India and Hong Kong tie in fifth place, with each country home to nine female billionaires. While each country represents less than a tenth of the number of female billionaires in the US, their self-made billionaires shine. The world’s richest self-made woman, Hong Kong tech mogul Zhou Qunfei, boasts a net worth of $6.6 billion, while Canva co-founder Melanie Perkins (net worth $3.62bn) hails from Perth in Australia. Indian businesswoman and politician Savitri Jindal and her family boast a wealth of $16.96 billion, making her the richest woman in India.
USA is home to the most female billionaires
According to City Index, the United States has the highest number of female billionaires in the world with 92 in total, double that of China in second place with 46. While the US might be home to some of the highest profile male billionaires, 4 out of the 5 richest women in the world, including Walmart heiress Alice Walton, also hail from the states. The combined net worth of female billionaires in the US totals $906.44 billion AUD, surpassing the net worth of Chinese billionaires in second with a total net worth of $205.20 billion AUD.
Germany takes third place with 32 female billionaires, just over a third than that of the US. These include German automotive empire heiress Susanne Klatten ($27.58bn), and the family of Francine von Finck ($8.27 bn), daughter of late billionaire businessman August von Finck Jr. The combined net worth of female billionaires in Germany totals $156.42 billion AUD. This is 5% less than the net worth of French billionaires, despite France being home to six times fewer rich females.
In fourth place, the second European country in the top ranking, Italy, is home to 16 female billionaires, half that of nearby Germany. Campari heiress Alessandra Garavoglia ($3.44bn) and iconic designer Miuccia Prada ($5.24bn) head up the list of Italian female billionaires, a testament to the country’s love of food and fashion. The combined net worth of the 16 female billionaires in Italy is $59.32 billion AUD – 15% less than Australian women who have a combined net worth of $70.40 billion AUD, with almost half the number of billionaires (9).
Australian female billionaires with the highest net worth
Rank | Name | City | Net worth (billions AUD) |
1 | Gina Rinehart | Perth | $43.17 |
2 | Melanie Perkins | Sydney | $5.27 |
3 | Fiona Geminder | Melbourne | $3.77 |
4 | Heloise Pratt | Melbourne | $3.17 |
5 | Ginia Rinehart | Sydney | $3.16 |
=6 | Bianca Rinehart | Brisbane | $3.14 |
=6 | Hope Welker | New York | $3.14 |
8 | Gretel Packer | Sydney | $2.20 |
9 | Angela Bennett | Perth | $2.18 |
*= represents joint value
The Rinehart family make up almost half (44%) of Australia’s female billionaires, with heiress and mining tycoon Gina Rinehart’s $43.17 billion AUD net worth taking first place, making her the richest woman in Australia. Her three daughters, Ginia Rhinehart, Bianca Rhinehart and Hope Welker are all worth at least $3 billion AUD, with Bianca and Hope each worth $3.14 billion, and Ginia taking the edge with $3.16 billion; still just 7% of her mother’s current fortune.
Canva mogul Melanie Perkins takes second place with her $5.27 billion AUD net worth, still an 88% drop from Gina Rinehart’s colossal wealth. Melbourne’s heiress sisters Fiona Geminder and Heloise Pratt are worth $3.77 billion AUD and $3.17 billion AUD respectively, with Fiona’s $700,000,000 increase perhaps due to her stakes in Visy and Pact Group.