Top 20 Australia’s Wealthiest Bosses: Executive Rich List 2015

With $4.83 billion worth of shares in his casinos and tourism company Crown Resorts, James Packer is Australia’s wealthiest boss for 2015, according to the BRW Executive Rich list of the 100 wealthiest bosses of ASX-listed companies.

JAMES Packer was well ahead of 2nd-placed PG Telecom boss David Teoh with $2.73 billion worth of shares, up from number 5 last year.

Kerr Neilson, CEO of Platinum Asset Management, came 3rd with $2.55 billion worth of shares.

Mr Packer clinched the top spot from media mogul Rupert Murdoch, who dropped to 4th based on his $1.64 billion shareholding in News Corporation.

Rupert Murdoch’s ranking does not take into account his stake in Twenty-First Century Fox Inc which was delisted from the Australian Securities Exchange in May 2014.

The BRW Rich Bosses list for 2015 ranks the 100 richest directors and managers among Australia’s top 500 ASX-listed companies.

The rankings are based upon the value of the shareholdings that the bosses hold in the listed companies they work for.

Fifth on the list is Seven Group Holdings executive chairman Kerry Stokes with $1.48 billion in wealth.

“Only 6 women feature on the list. The wealthiest woman was Vita Group CEO Maxine Horne at number 33, whose communications provider company amassed $89 million in shares.”

AUSTRALIA’S RICHEST BOSSES FOR 2015

1. James Packer
Company: Crown Resorts
Value of shares: $4.83 billion
Role: Executive chairman
Total remuneration: $0

2. David Teoh
Company: TPG Telecom
Value of shares: $2.73 billion
Role: Executive chairman
Total remuneration: $2,061,662

3. Kerr Neilson
Company: Platinum Asset Management
Value of shares: $2.55 billion
Role: CEO
Total remuneration: $474,403

4. Rupert Murdoch
Company: News Corporation
Value of shares: $1.64 billion
Role: Executive chairman
Total remuneration: $28,913,040

5. Kerry Stokes
Company: Seven Group Holdings
Value of shares: $1.48 billion
Role: Executive chairman
Total remuneration: $350,000

6. Gerry Harvey
Company: Harvey Norman
Value of shares: $1.46 billion
Role: Executive chairman
Total remuneration: $1,109,665

7. Graham F. Turner
Company:  Flight Centre Travel Group
Value of shares: $ 604.3 million
Role: Executive chairman
Total remuneration: $657,073

8. LEN AINSWORTH
Company: Ainsworth Game Technology
Value of shares: $ 489.9 million
Role: executive chairman
Total remuneration: $303,125

9. Andrew Clifford
Company: Platinum Asset Management
Value of shares: $ 260.4 million
Role: director
Total remuneration: $2,055,524

10. STEWART W. G. ELLIOTT
Company: Energy World Corporate
Value of shares: $ 255.9 million
Role: Chairman, Managing Director and Chief Executive Officer (CEO)
Total remuneration: $591,6604

11. Jamie Pherous
Company:  Corporate Travel mgmt
Value of shares: $ 255.9 million
Role: CEO
Total remuneration: $362,216

12. Silviu Itescu
Company: Mesoblast
Value of shares: $ 245 million
Role: CEO
Total remuneration: $1,817,775

13. Andrew Bassat
Company: SEEk
Value of shares: $ 234.2 million
Role: CEO
Total remuneration: $4,209,747

14. Ian Robinson
Company: Beacon Lighting
Value of shares: $ 232 million
Role: Executive chairman
Total remuneration: $216,886

15. Hamish Douglass
Company: Magellan Financial
Value of shares: $ 221.5 million
Role: CEO
Total remuneration: $2,705,103

16. Rod Jones
Company: Navitas
Value of shares: $ 211.1 million
Role: Group CEO
Total remuneration: $1,763,825

17. Matt Barrie
Company: Freelancer
Value of shares: $ 199.3 million
Role: CEO
Total remuneration: $443,866

18. Alf moufarrige
Company: Servcorp
Value of shares: $ 163.2 million
Role: CEO
Total remuneration: $599,222

19.Joey Lim Keong Ywe
Company: Donaco International
Value of shares: $ 159 million
Role: CEO
Total remuneration: $505,013

20. CHRIS ELLISON
Company: Mineral Resources
Value of shares: $ 156 million
Role: CEO
Total remuneration: $1,918,127