Kerry Stokes' net worth increased 51% year-on-year to $11.3 billion.
Michael Bailey: "Despite the cost-of-living crisis, the Young Rich List shows it’s still possible to create new wealth"
This year also marks the 40th anniversary of the Rich List
The wealth of 2022's Rich Listers has fallen 27% during the year to a four-year low of $30 billion
• The total wealth of Australia’s top 200 has passed half a trillion dollars
Economy’s three main sectors – iron ore, retail, property – lead rich folks recovery