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Rich List 2013 Great Food and Friends Come Together with Ferguson

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Rich List 2013 Great Food and Friends Come Together with Ferguson WESTBUSINESS SPECIAL MAGAZINE THURSDAY, OCTOBER 24, 2013 WA’ S RICH LIST 2013 GREAT FOOD AND FRIENDS COME TOGETHER WITH FERGUSON Design trends have led to the alfresco area creating its own space and identity as we embrace the benefits of our climate and todays’ lifestyle. If you are renovating or building an Alfresco area in an existing space our highly talented design team will create the perfect solution. Each Alfresco is personally designed for each customer and may include one or all of the following, BBQ, Pizza Oven, Crustacean Cooker, Exhaust Canopy and Refrigeration. Therefore, creating the ultimate outdoor living environment that will be a joy to use and the envy of your friends. To see more, go to our website, call +61 8 9314 6888 to arrange an obligation free consultation or visit our O’Connor showroom. We have a number of functioning BBQ’s and Pizza Ovens on display so you can see the Ferguson difference first hand. Showroom Open: Monday to Friday 9am - 5pm. Saturday 9am - Noon or at other times by appointment. 2 Chamberlain Street O’Connor Western Australia 6163 PHONE +61 8 9314 6888 FAX +61 8 9314 6999 Quality ISO 9001 EMAIL [email protected] www.fergusoncorp.com.au WA’S RICH LIST 2013 3 WA’s Rich List wealth based on known October 24, 2013 businesses, investments and New stars wealth sources. This may create 6 GRAHAM HARDIE a bias where those who keep Let’s charge our glasses for the assets in direct family control wowsers. shine in are more likely to have traceable fortunes. Read European 14 DALE ALCOCK migrants. There is more to this brickie gloom Then again the multi-ethnic than a household name. nature of our list may just reflect winter gloom was waves of smart, hard-working 16 DIVIRGILIO FAMILY descending when this migrants who helped generate Seven brothers, 30 car yards A reporter dusted off the this State’s post-war wealth. and a growing business. files and began number There are many wealthy crunching for the 2013 edition of families that have extensive 25 CHIU CHI WEN WA’s Rich List. The resources holdings hidden from public Wen and the Art of Life Cycle boom was apparently ending, eyes in trusts, property Maintenance. Kevin Rudd was kneecapping WA’s Rich List editor Neale Prior. Picture Dione Davidson syndications, nominee the car industry and business companies and as minor stakes 26 HANCOCK HEIRS confidence was shakier than the past because his Malaysia-based Alan Bond’s son John Bond, a in major corporations. Who wants to be a WA Government’s credit rating. mother had firm control of partner in the $1.5 billion-plus Doric chief Harry Xydas drops squillionaire? They do. We need to go over some old family trusts. We now feel Primewest property syndication of the list of 50 this year, as do ground to cover some big falls in confident to claim Mr Wen and empire, looked set to return Mineral Resources director 30 FULL LIST fortunes. his family fortune for WA. thanks to new insight into the Charles Bass and Kimberley WA’s 50 richest people Through the gloom, it Our business connections had operation and assets of Bond cattleman Stirling Buntine. appeared nightclub owner asked why we did not include family trusts. His Primewest On behalf of one squillionaire Editor & research Neale Prior Cover design Aaron Mandolene Graham Hardie could be the the Cardaci family in previous partners David Schwartz and who is sick of tax office auditors Production Charmaine Rapp biggest beneficiary of the editions. Their Centurion Jim Litis were also candidates. waving this list in his face, I end Reporters Neale Prior, Ben Harvey, Peter Northbridge Link project thanks empire plays a major role in the However, the market recovery with a disclaimer: The list is Klinger, Sean Smith, Kim Macdonald, Nick to extensive holdings just north resources industry, and after a saw them pipped by established based on publicly available Evans, Natalie Brown, Kate Emery, Peter of the sinking railway line. detailed examination, the family list members Frank Tomasi, information and estimates of Williams, Marissa Lague Welcome to the Rich List, Mr enters the 2013 list high up. John Rubino and Ian Trahar. asset value. It is prepared with Sources ASIC, Dun & Hardie. Despite Mr Rudd’s efforts, we We jokingly refer to this diligence, but please don’t take it Bradstreet/Company 360, IRESS, Property mogul and Pranic also welcome the Divirgilio publication as the ethnic social as the last word on where WA’s Bloomberg, Supreme Court, company Healing practitioner Chiu Chi family, of DVG Automotive pages. A weakness with lists wealth lies. websites Wen was left off the list in the Group fame. such as ours is that we estimate Neale Prior, WA’s Rich List Editor Anything else is just a supercar. The new Audi R8 sets a standard other supercars can only aspire to. With its sleek, dynamic design and a 5.2L V10 engine and 7-speed dual clutch S tronic transmission propelling its ultra lightweight aluminium frame, it is the ultimate expression of Audi’s passion for innovation. The result is an automotive icon that delivers a driving experience so exhilarating, so primal, so emotionally charged, it literally takes your breath away. The next generation Audi R8. Nothing comes close. Book a test drive at Audi Centre Perth today. 337 Harborne Street, Osborne Park Tel. 9231 5888 | audicentreperth.com.au Overseas model shown. MD22023. MRB1416. 4 WA’S RICH LIST 2013 Frank Tomasi John ixty years ago, Rubino Gianfranco Tomasi $147 million came to Australia as an 50 f there was ever a man that 11-year-old migrant who CONTRACTING, embodied the supposedly couldn’t speak English. PROPERTY, WINE I overnight success of the WA SHis many achievements since economy, it would be Calogero Southern Cross Electrical then were recognised this year Engineering, Oceans Giovanni Battista Rubino. with an Order of Australia. He migrated to WA from Sicily The recognition was for Estate in 1966 unable to speak English significant service to business but blessed with a grasp of through leadership roles in the commerce, being raised in a electrical contracting industry, family with a deli and an and to the community. agricultural business. The founder of Southern The company posted the best After starting his Australian $149 million Cross Electrical Engineering financial results in its history working life as a trade assistant, has given back to the industry this year, with a 27 per cent he grabbed an opportunity in ENGINEERING, MINING which made him wealthy, jump in profit to $17 million. Mr 1970 to become a sub-contractor SERVICES, PROPERTY helping found training Tomasi’s share of the dividend on the Ord River dam project. Monadelphous organisations and taking a payout was $1.8 million. After the sharemarket crash of leadership role in the peak Speech and Hearing Centre for Mr Tomasi is heavily invested 1987, Mr Rubino took charge of industry body. Children. in industrial properties, contracting group Mr Tomasi is also renowned After starting his career with including SCEE’s Naval Base Monadelphous and proceeded to 49 for charitable donations, BHP and Transfield Services, premises. He owns the Oceans turn a business which was on providing power and equipment the engineer went out on his Estate winery and Glenview beef the verge of collapse into a $2 for a remote school in one own in 1978. The company grew cattle farm, both in Karridale. billion contracting giant. Monadelphous and Wesfarmers African country where SCEE into a global contractor. At 71 he remains a keen He is quietly spoken, speaking so well — including surprising operates and doing the same for He floated SCEE on the stock basketball player who with an accent thick with his on the upside. a hospital in another. exchange in 2007, retaining a 40 participated in the World Italians roots, but shares “The boom happens, but you He is a long-time supporter per cent stake that is now worth Masters Games in Turin in business wisdom that has served have to be ready and prepared to and benefactor of the Telethon about $70 million. August. WA success stories such as take the benefit,” he said. -./0!1-.2!3 ! " # $ "%&'&()**)+, THE VILLA COMO THE PORTOFINO 10 Romano Crescent, Iluka • Open Sat & Sun 1pm – 5pm or Wed 2pm – 5pm 81 Grand Ocean Entrance, Burns Beach • Open Sat & Sun 1pm – 5pm or Wed 2pm – 5pm Mark Weldon 0400 407 763 Sales Offi ce 08 9304 2430 Alan Jones 0400 595 005 Sales Offi ce 08 6202 6479 B EAUTY B Y B EAUMONDE R ELAX I N S TYLE The Villa Como is a dream home with impressive design creativity. The Portofi no is an impressive family home designed to take full advantage of both modern zoned living trends and a coastal location. Relax by the pool and pond, take in the ocean view from one of the balconies, entertain in the Alfresco or enjoy a movie in the Whether relaxing by the swimming pool, entertaining family and cinema room. friends or overlooking the magnifi cent Indian Ocean, the stylish This exceptionally built quality Beaumonde Home is a must see facade and exceptional craftsmanship make The Portofi no inspired before building your new home. viewing for anyone looking to build a new home. Suite 1, Ground Floor, 30 Hasler Rd, Osborne Park Tel 08 9446 3388 Email [email protected] Web www.beaumondehomes.com.au 6 WA’S RICH LIST 2013 Ian Graham Trahar f Kevin Rudd was right with his 2007 claim that climate I change was the greatest Hardie moral challenge of our time, any t’s logical to think the decent businessman should be puritan anti-drinking tide $160 million making himself as much a part that has swept through of the cure as the cause.
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