• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 7 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Gaming industry figures James Packer, Len Ainsworth rank high on Forbes list of Australia’s 50 Richest 2023

Ben Blaschke by Ben Blaschke
Thu 16 Feb 2023 at 16:11
Crown of thorns
51
SHARES
1.3k
VIEWS
Print Friendly, PDF & Email

He may no longer be Crown Resorts’ largest shareholder following US private equity giant Blackstone’s AU$8.9 billion (US$6.5 billion) takeover last year, but James Packer still carries plenty of clout as Australia’s 17th richest man.

The Forbes list of Australia’s 50 Richest 2023 was published Thursday, with Packer among two notable gaming industry figures to rank high on the list with an estimated personal fortune of US$2.8 billion.

This does, however, represent a significant fall from 2019 – the last time Forbes published the Aussie list – when Packer ranked 9th with US$3.6 billion. He had ranked as high as sixth in 2016, while his fortune peaked in 2014 at US$6.5 billion.

Sitting not too far behind Packer in 23rd and with a US$2.2 billion fortune is Len Ainsworth, the founder of global gaming giant Aristocrat, and his family. Now aged 99, Ainsworth, who also founded Ainsworth Game Technology, has split his substantial shareholding in Aristocrat between his sons and ex-wife but remains entitled to some of those proceeds should they sell. He previously held a stake in Austrian giant Novomatic which he also sold off five years ago.

His stocks have certainly risen in recent years: Ainsworth ranked in 42nd place in the 2019 list with a fortune said to be less than US$1 billion.

Mining continues to be the big earner for Australians, with Hancock Prospecting Executive Chairman Gina Rinehart again topping Forbes’ Australia’s 50 Richest list in 2023 at US$30.6 billion, ahead of Andrew “Twiggy” Forrest with US$21.7 billion.

“The Australian economy benefited from the country’s post-pandemic reopening but in the past year inflation rocketed to 7.8%, the highest in three decades,” Forbes said of this year’s list.

“The rise was largely driven by higher prices of new homes, increased costs of transport and long-deferred holidays.

“The combined wealth of the country’s 50 richest swelled to US$213 billion, a hefty 70% jump from 2019 when we last published the list.”

See the full list here.

RelatedPosts

Ciarán Carruthers: Crowning glory

Crown Resorts rolls out AI to improve player protection abilities

Fri 5 Sep 2025 at 05:37
The Star Sydney’s casino license in limbo as final report from second inquiry handed to regulator

Son of Star’s largest shareholder joins Star Entertainment Group board as non-executive director

Sun 31 Aug 2025 at 09:16
Australia’s Star Entertainment Group says available cash halved in December 2024 quarter as liquidity crunch bites again

Star Entertainment Group falls to AU$471.5 million loss in FY25 as remediation, regulatory hurdles continue to bite

Fri 29 Aug 2025 at 07:38
Asia market roundup

Asia market roundup

Thu 28 Aug 2025 at 12:26
Load More
Tags: AustraliaForbes Rich ListJames PackerLen Ainsworth
Share20Share4
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

MGM Resorts CFO Corey Sanders to retire after 30 years with company

MGM Resorts CFO Corey Sanders to retire after 30 years with company

by Newsdesk
Sun 7 Sep 2025 at 11:35

MGM Resorts International has announced the retirement of its long-serving Chief Financial Officer Corey Sanders after 30 years with the company. Sanders, who first joined MGM as tax director of MGM Grand in Las Vegas in 1994, will remain as...

Bhumjaithai Party and anti-casino voice Anutin Charnvirakul voted in as Thailand’s new Prime Minister

Bhumjaithai Party and anti-casino voice Anutin Charnvirakul voted in as Thailand’s new Prime Minister

by Ben Blaschke
Sun 7 Sep 2025 at 10:30

Thailand has officially unveiled its 32nd Prime Minister after the House of Representatives on Friday voted to elect Bhumjaithai Party leader and vocal casino opponent Anutin Charnvirakul to the role. Anutin’s ascension comes after the Pheu Thai Party’s Paetongtarn Shinawatra...

Vietnam’s new Van Don integrated resort project scheduled for 2032 opening

Vietnam’s new Van Don integrated resort project scheduled for 2032 opening

by Ben Blaschke
Sat 6 Sep 2025 at 09:34

A new US$2 billion integrated resort to be built by Vietnamese development giant Sun Group in Van Don, Quang Ninh Province is planned to open in 2032, the company has informed Vietnam’s central government. The update, reported by local media...

IAG announces 19 sponsors of IAG EXPO’s Manila After Dark Official Welcome Event at Newport World Resorts on Monday 8 September

IAG announces 19 sponsors of IAG EXPO’s Manila After Dark Official Welcome Event at Newport World Resorts on Monday 8 September

by Newsdesk
Fri 5 Sep 2025 at 10:26

Inside Asian Gaming is delighted to announce a total of 19 sponsors for Manila After Dark (MAD) next Monday 8 September – the official welcome event for IAG EXPO, taking place at Manila’s Newport World Resorts. Running from 8 to 10 September,...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English