NBR Rich List: New Zealand's wealthiest revealed

Graeme Hart remains New Zealand's richest person, according to the latest NBR Rich List.

The packaging and investment billionaire has an estimated wealth of around $7.5 billion, adding $500 million to his fortune in the last year.

The total wealth of the 200-plus Kiwis on the list totals more than $80 billion - up from $73 billion last year. The cutoff is $50 million.

"It's a showcase of success. We put our sports starts on a pedestal and celebrate their achievements, but not very often do our businessmen and women get their accolades," said NBR editor Duncan Bridgeman, adding that it's been a "boom time" for New Zealand's richest.

In second place is controversial tech entrepreneur Peter Thiel, worth $3.7 billion. MrThiel is the richest new entrant on the list. It was revealed earlier this year he became a New Zealand citizen after spending only 12 days in the country.

Other newcomers include toy entrepreneurs the Mowbray family, who made their fortune selling balloons, and a number of tech investors and funds managers.

Many of the newcomers would have made previous Rich Lists, but didn't because accurate estimates of their wealth weren't known. 

Third-placed overall is the Todd family, with $3.5 billion made largely from the energy sector. 

Former Prime Minister Sir John Key is still on the list, with $65 million.

NBR reporter Owen Poland said in a livestream announcing the list that many of those on it would rather not be.

The top 10 on the 2017 NBR Rich List

  1. Graeme Hart - $7.5 billion
  2. Peter Thiel - $7 billion
  3. Todd family - $3.5 billion
  4. Richard Chandler - $2 billion
  5. Erceg family - $1.65 billion
  6. Sir Michael Friedlander - $1.6 billion
  7. Goodman family - $1.475 billion
  8. Christopher Chandler - $1.4 billion
  9. Stephen Jennings - $1.1 billion
  10. Sir Michael Fay - $920 million

New entrants on the 2017 NBR Rich List

  1. Peter Thiel - $3.7 billion
  2. Soichchiro Fukutake - $1.4 billion
  3. Brendan Lindsay - $595 million
  4. Peter Harris - $210 million
  5. Michael Guthrie - $200 million
  6. Hutchison family - $200 million
  7. Hugh Jones - $155 million
  8. McPhail family - $150 million
  9. Murray Bolton - $142 million
  10. Chris Liddell - $120 million
  11. Mowbray family - $120 million
  12. Plaw family - $100 million
  13. Chris Heaslip - $56 million
  14. Carmel and Hugh Fisher - $55 million
  15. Sir Graeme Harrison - $55 million
  16. Elliot Crowther - $52 million
  17. Brian Fitzgerald - $50 million
  18. Murray Holdaway - $50 million
  19. Wendell Phillips - $50 million

Newshub.

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