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Gina Rinehart attends day seven of the Australian National Swimming Championships at Sydney Olympic Park Aquatic Centre in Sydney, Australia, on April 9, 2015. Matt King/Getty Images
The number of Australian billionaires has doubled from 74 in 2015, to 161 in 2025, amid what appears to be a billionaire boom.
The total wealth of Australia’s richest people increased 160 percent to $667.8 billion over the past 10 years, with property being the most frequent source of wealth accumulation.