Tracking the fallen Rich Listers


January 20, 2017

As we watch the greatest destruction of wealth since the second world war, the time has come to start tracking the people who have fallen off both the BRW and Mayne Report Rich Lists.

Philip Adams: the MFS co-founder was represented for 2 years with a peak of $370 million in 2007

Phillip Adams: the ABC broadcaster was represented for 1 year with a peak of $10 million in 1984

Bob Ansett: the former Budget rent-a-car boss and son of Ansett founder Reg Ansett was represented for 3 years with a peak of $44 million in 1988

Ross Atkins: controversial mining entrpreneur who represented for 3 years with a peak of $140 million in 1994 and even bought Alan Bond's mansion at one point.

John Avram: the Interwest founder and colourful Shepparton entrepreneur was represented for 3 years with a peak of $85 million in 1987

David Bardas: the former Sportsgirl owner was represented for 9 years with a peak of $100 million in 1989 but took a big hit with that big Sportsgirl Centre building on Collins Street.

Sir Roderick Carnegie: the former CRA chief executive was represented for 3 years with a peak of $55 million in 1987 but then almost went belly up in the early 1990s.

Brian Coppin
: the hard-bitten Perth entrepreneur was represented for 4 years with a peak of $40 million in 1986.

Ken Done
: the well-known artist was represented for 2 years with a peak of $30 million in 1992, before CBA became his adviser and allegedly blew much of his fortune.

John Elliott: the former Elders and Foster's boss was represented for 3 years with a peak of $70 million in 1989 before coming a cropper courtesy of too much debt and grog.