The NBR Rich List
The NBR Rich List is here.
- HART Graeme$7 billion
- CHANDLER Richard$4.2 billion
- TODD family$3.3 billion
- ERCEG family$1.6 billion
- FRIEDLANDER Michael$1.5 billion
- CHANDLER Christopher$1.4 billion
- GOODMAN family$1.35 billion
- JENNINGS Stephen$1.001 billion
- FAY Sir Michael$900 million
- MYERS Sir Douglas$900 million
- RICHWHITE David$900 million
- COOPER Peter$780 million
- SPENCER (late John) family$720 million
- JONES Sir Robert$650 million
- JACKSON Sir Peter$630 million
- DUKE Rod$600 million
- FARMER Trevor$600 million
- GOODFELLOW family$600 million
- NORMAN Anne & David$580 million
- MANSON family$550 million
Very few on the rich list inherited their wealth Most are self-made business people and entrepreneurs,
NBR also profile the top 10 philanthropists. They are:
- Sir Michael Friedlander
- Dame Rosie Horton
- John Hynds
- Sir David Levene
- Sam and Gareth Morgan
- Neal and Annette Plowman
- Sir Stephen Tindall
- Todd family
- Sir James Wallace
- Green family
Finally Stuff reports:
Despite saying that he hoped to stop appearing on the Rich List, there has been no such luck for Prime Minister John Key whose wealth has increased $5 million to $60m over the past year, according the the 2016 NBR Rich List.
The PM wouldn’t comment on his wealth when the list was released on Thursday – a stance he has taken since debuting on the list as Opposition Leader in 2008.
I have no idea what the PM is worth, except more than me. But I have been amused that his wealth has been estimated pretty constantly at $50 million since 2002 when he became a candidate. I always wondered why it was assumed it would be static for the last 14 years.
If you assumed a very conservative 4% growth it would now be $86 million and 5% growth would be $99 million.
As I said I have no idea if the initial estimate is correct or the current estimates. But the one thing I would guess is that the wealth in 2016 is a lot more than it was in 2002.