Bizarrely, the government actually owns a company on the Secret Rich List as Australia Post acquired the “grandfathered” company Star Track. Star Track has an exemption from financial reporting.
Latest Secret Rich List Stories
The Disney/Murdoch Connection
Deep inside the Murdoch family’s global media empire were three Dark Companies exempt from lodging financial accounts in Australia. That was until the $90bn sale to Walt Disney Company in 2019. This is a classic case of Dark Companies being traded.
Alex Waislitz
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Laurie Sutton and Suttons Motors
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Malcolm Turnbull
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Anthony Pratt and Visy
Amassing a fortune of $19.75 billion, Anthony Pratt is Australia’s third-richest person. Dubbed Australia’s “cardboard king”, Pratt is by far the most significant political donor with grandfathered companies, having donated $9.1 million since the 1998-99 financial year.
Lindsay Fox
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Gina Rinehart
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Russell Withers and 7-Eleven
Russell Withers shot to infamy in 2015 when 7-Eleven franchises in Australia were exposed for wage theft. The billionaire is affiliated with three Dark Companies on the grandfathered list.
Nick Politis
Billionaire Nick Politis is a director of seven dark companies on the grandfathered list, one of which can block a takeover of ASX-listed company Eagers Automotive
More Secret Rich List posts coming soon
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