Record 15 new names join New Zealand's rich list worth more than $55 billion

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  • New Zealand's richest man businessman Graeme Hart added $2 billion to his net worth.
  • America's Cup champion Sir Russell Coutts is one of the big newcomers as New Zealand's highest paid sportsman.
  • Prime Minister John Key has a net worth of $55 million and was at equal 173 on the list.

Former Team New Zealand skipper Sir Russell Coutts is one of the big movers onto this year's list of richest New Zealanders, thanks to a sizeable bonus he netted for helping Oracle nab the Amerca's Cup in 2013.

The National Business Review rich list, released today, adds a record 15 new names (13 in 2014, and 12 in 2013) to the list and brings a combined wealth of the newcomers to a little more than $1.2 billion.

The total wealth of the rich list is more than $55 billion, and when adding New Zealand-based international billionaires, the figure jumps to $68.9 billion.

America's Cup champion Sir Russell Coutts is one of the big newcomers to the list, and New Zealand's highest paid sportsman pockets an annual salary of $13 million form Oracle Team USA.

Russell Coutts

Sir Russell, also netted a bonus for helping Oracle win the America's Cup in 2013, but has made significant wealth through the property market with multi-million dollar investments in Whangaparaoa and Queenstown.

The team Oracle CEO, worth $50 million and who comes in a equal 180 on the list, famously skippered Team New Zealand to America's Cup victory in 1995 and retained it five years later, he then controversially left for Swiss-based Alinghi, winning the cup again in 2003.

Other big movers on the list include IT innovator Malcolm Dick, who returned to the list at number 80, after selling Callplus, the company he founded in 1996 and New Zealand's third largest telco and broadband provider, to Australia's M2 for $250 million.

Graeme Hart

Graeme Hart

Source: 1 NEWS

Mr Dick's former partner Annette Presley, a co-founder who had a 35.5 per cent stake in Callplus, also returned to the list.

New Zealand's richest man businessman Graeme Hart added $2 billion to his net worth, while software entrepreneur Guy Haddleton, number 43, went from $90 million last year to $300 million this year.

Regular big players on the list such as film giant Sir Peter Jackson came in at number 14 (worth $630 million), while Xero CEO Rod Dury was at number 18, and worth $550 million.

Sir Peter Jackson

Hanover Finance shareholder and NRL club Warriors co-owner Eric Watson was number 21 on the list, and doesn't appear to be contributing to the $18 million settlement Hanover reached with the Financial Markets Authority. He is also involved in a bitter dispute with business parter Sir Own Glenn, but his wealth continues to grow, from $400 million last year to $500 million this year.

Supermodel Heidi Klum with Warriors owner Eric Watson at the NRL Season Launch

Fellow Warriors co-owner Sir Owen Glen was at 23, worth $450 million, while jewellery magnate Sir Michael Hill, number 47, saw wealth drop from $300 million in 2014 to $290 million this year.

New Zealand Business Hall of Famer and founder of Hawke's Bay's Sileni Estates Winery Sir Graeme Avery was worth $90 million and came in at 131 on the list.

The head of the Todd family, Sir John Todd, wsa number three on the list and worth $3.16 billion. Sir John died last night at his Wellington home last night following a time of ill health. He was 88-years-old.

Prime Minister John Key was reported to have a net worth of $55 million and was at equal 173 on the list, but told NBR, "if I was really focused on it, I wouldn't be in politics".

The richest New Zealand-based international was industrial magnate Alexander Abramov with a net worth of $5.96 billion.

TOP 10

1. Graeme Hart $9 billion

2. Richard Chandler $4 billion

3. Todd family $3.16 billion

4. Erceg family $1.6 billion

5. Michael Friedlander $1.4 billion

6. Christopher Chandler $1.3 billion

7. Goodman family $1.2 billion

8 Stephen Jennings $980 million

9. Sir Douglas Myers $930 million

10. Sir Michael Fay $870 million

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