List of countries by the number of billionaires, https://en.wikipedia.org/w/index.php?title=List_of_New_Zealanders_by_net_worth&oldid=1149496348, Short description is different from Wikidata, All Wikipedia articles written in New Zealand English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 12 April 2023, at 16:14. Also, my (very large, well known) current provider did not offer any 'Off Peak' plans to enable me to help myself to save money. This is a list as at circa 1986. But Glimp made the switch much easier than I expected. Net Worth 2023 $1.02 Billion. How Much Does Elon Musk Make in a Year, in a Day, and in a Second? In summary, we will list the name of the richest man or person. If youre buying within a 20km or 25km radius from these city centres, youre still considered central. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. Today, we shall share with you the NBR rich list of the top 10 richest men or people in New Zealand in 2022. Not only are there a huge amount of outdoor experiences to be had surrounding the city, but New Plymouth also has a great emphasis on the arts with a number of art galleries and street art found around the city. the richest man in New Zealand-Graeme Hart. It saw a huge dip in the third quarter of 2020, but it has been steadily rising again. Net Worth 2022 $2.7 Billion. Goodman family: Net Worth 2023 $3.2 Billion. But opting out of some of these cookies may affect your browsing experience. 18% of New Zealand's population lives overseas, or about 1 million Kiwis, so that is an extremely high number in comparison to places like Canada or the US, it's 9% and 4% respectively. American wealth trackers are more likely to be familiar with Peter Cooper. Despite that, the country is still home to several billionaires and multimillionaires who have achieved their wealth through various means from investments to real estate, as well as running global businesses. In November 2014, his Reynolds Group Holdings, known for its aluminum foil Reynolds Wrap, sold subsidiary SIG. Web 17 hours agorichest cities: Miami beach convention center testing hours; Source: skeptikai.com. To pay off your own home, or to buy or pay off your rental property? Extremely efficient team, very helpful. In fact, it is often voted as one of the best liveable cities in the whole world. New Zealand is very expensive but it can be manageable. Customer service was quick to reply and very attentive. That balloon turned out to be a bolt of lightning for other ideas. Then, we will state their estimated net worth in the current year, 2023. The three siblings own and run the toy company, Zuru, which came into existence in 2003 but started in their minds at 12. New York City wears the crown as the world's top city with the most millionaires in 2023. We use cookies to give you the best possible experience. This means high import taxes, which skyrocket the prices of products. Make sure to visit our comparison site here at glimp! The country ranks 22nd globally in iron ore production and 29th in gold production. However, housing may become more expensive than in Auckland in a few years. A pint of beer can easily become several pints without you knowing. The NBR list of the top 10 rich or richest people in New Zealand in 2022 above is the most precise presently. If you are an overseas investor, we have a great article here where we write about investing using foreign income. In health care, the group owns Hoan My Medical Corporation, the largest private healthcare group in Vietnam and he has increased his stake in NMC Health, a multi-level healthcare distribution chain in the United Arab Emirates. These can also help you spend lower than the minimum cost of living in these cities. Values in Hamilton and Tauranga had been relatively stable for the past six months. New plymouth is situated in the southwest part of the north island of new zealand. These numbers are almost up to par with what you see in Wellington, despite it being smaller with only around, The pandemic has slowed down the rise of housing prices in Queenstown. It saw a huge dip in the third quarter of 2020, but it has been steadily rising again. With a huge choice of regional parks mixed with bush and beach, beautiful island getaways in the Hauraki Gulf, and the conveniences of a city, Auckland has many appealing aspects that may draw you to stay for a while. He also has venture capital investments in technology, which he funds via his VC, Cooper Capital. The Big Apple is home to 340 000 millionaires, 724 centi-millionaires, and 58 billionaires. The lunch is organised in the private dining room of LVMH Moet Hennessy Louis Vuitton SE's headquarters. Net Worth 2022 $1.97 Billion. Christchurch (1862 and 1868) and Invercargill (1930 and 1991) have also been declared cities more than once. The family business, which comprises Samson Corporation and Sterling Nominees, is primarily operated by his two sons Jason and Daniel. @katenewtonnz. No wonder so many Kiwis call it home. The family bought it for $21.4 million, with 12 bedrooms and a vineyard. We think for 2022, stick to the main city centres, like Auckland, Tauranga, and Wellington. More information can be found in The Complete Guide to Tauranga. Financial decisions take serious thinking, so read on to learn more. These past few years, housing prices have skyrocketed as a lot of people flock to the city. Language links are at the top of the page across from the title. The Todd Foundation has donated almost $5 million annually to groups working with children, youth and families, science, energy, the environment, and arts in recent times. His Rank Group is disposing of some subsidiaries in an apparent move to pay down his debts. Existing cities are grandfathered under Schedule 2, Part 2 of the Act. With just over 180,000 UHNW individuals within its borders, the U.S. continues to be the long-standing leader in this metric. While the city boasts some of the highest job opportunities, its not proportional to its size of almost 1,630,000 residents. Its a matter of managing your money wisely and prioritising your necessities instead of wants. When looking for accommodation in Rotorua, whether its short-term or long-term, take a look at our Accommodation Guide to Rotorua. And finally. Thanks! Industry: Investing. In 1991, the Lower Hutt City Council became the Hutt City Council by a special Act of Parliament [1] which did not change the name [2] of the city of Lower Hutt; the city's coat of arms still refers to the "City of Lower Hutt". The two brothers moved from New Zealand in 1986 to create the Sovereign Group, an investment empire in Monaco that had significant holdings of $US3.5 billion when they parted ways in a friendly manner in 2006. The wealth of the richest people in New Zealand dwindled significantly in the past year, causing several of them to disappear from Forbes World Billionaires list. 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Let's be honest: New Zealand isnt an affordable country by any measure. Mr. Richard and his brother Christopher got their start in business in 1986 when they sold their parents retailing business to found emerging market investment firm Sovereign Global in 2006. Make sure to visit our comparison site here at glimp! Their parents worked as a teacher and an engineer. The change impacted Wellington most, by splitting it into four urban areas, being the Wellington city and Lower Hutt city "major urban areas" and Porirua and Upper Hutt "large urban areas". Auckland has some of the highest prices for goods, services, food, entertainment, and rent. Even in the city parks, you can watch the bubbling mud as the heat of the earth pushes up to the surface. Auckland Chandler Christopher is Matangi-born and raised. Richest People In New Zealand: 1. When buying something, think of the 24-hour rule. In fact, Auckland has a larger population than the whole South Island! On the QV index, values were now 5.2 per cent below the peak of 2007, and in Auckland just 0.6 per cent shy of the peak. The same criteria were used. The Southlake property is the Southlake Town Centre, which has a size of 350,000 sq. The Todd family members are the fourth richest people in New Zealand. But, our predictions for 2022 are vastly different compared to what we were putting forward for 2021. Take a look atThe Complete Guide to Christchurch for inspiration on what to do in Christchurch. Peter first made his money through PayPal, a payment company he co-founded with Elon Musk. Further, there are over 185,000 millionaires in New Zealand in 2022 today. 19 Christchurch City . New Zealands capital city has the second-highest cost of living. The sunniest city in New Zealand is a no-brainer for those who seek good weather. The city is large, and it is one of the most popular tourist destinations. He is one of the biggest billionaires in a country that barely has any. From all angles of the industry, our reports cover several big techs, startups, and internet trends across the world today. Mr. Chandler and his older brother Richard got their business acumen from their father Robert, a beekeeper who became a small-time property entrepreneur. The South Islands largest city is not only teaming with work opportunities for backpackers, but the artwork, views from the Port Hills, and surf beaches entice many to explore. As part of Michael Friedlanders contributions to New Zealand, he was appointed a Companion of the New Zealand Order of Merit in 2010 during the Queens Birthday Honors. Lastly, here are the 10 wealthiest politicians in the world in 2022 today. [1] The boundaries of councils tended to follow the edge of the built-up area, so there was little difference between the urban area and the local government area. When looking for accommodation in Palmerston North, whether its short-term or long-term, take a look at our Accommodation Guide to Palmerston North. Let's be honest: New Zealand isnt an affordable country by any measure. In summary, we will list the name of the richest man or person. Despite the high prices, these cities also boast the highest opportunities for jobs and leisure. Learn about the next steps for everything from AI and smart devices to mechanical engineering. 18% of New Zealands population lives overseas, or about 1 million Kiwis, so that is an extremely high number in comparison to places like Canada or the US, its 9% and 4% respectively. As part of his contributions to the Kiwi country, he has invested $7 million in two local companies, donated $1 million to the 2011 Christchurch earthquake appeal fund, and owns a 193-hectare estate near Wanaka. When looking for accommodation in Tauranga, whether its short-term or long-term, take a look at our Accommodation Guide to Tauranga. Other urban areas that are no longer cities, such as Rotorua and Whangrei, have higher populations than some present cities. The capital fund has investments in tech companies like Calnetix, a magnetic technology company. Net Worth 2022 $1.3 Billion. The family is heavily media-shy about its several investments. Each year, we like to share our best places for property investment in New Zealand. If you live alone in Auckland, you need at least $4,379 per month, including rent. What are the most expensive cities in New Zealand and why are they so pricey? They include Spotify, LinkedIn, TransferWise, SpaceX, Quora, and over 24 different companies. Glimp saw my attempts to make comparisons myself and reached out. An enclave of low income households in Tamaki and Glen Innes stand out in red along the banks of the estuary. Photo / Adrian Malloch. Topping this list is Auckland, Wellington, Christchurch, and Queenstown. SEE MORE A beginner's guide to passive income. Matt won the national science fair in New Zealand with his design of a model hot-air balloon. Other business ventures of the group include development and funds management. 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The Big Apple is home to 340,000 millionaires, 724 centi-millionaires, and 58 billionaires. We also use third-party cookies that help us analyze and understand how you use this website. Bob Jones. Explore the high-net-worth-individual population and growth data for all 97 cities in the interactive chart below or click on the other tabs to see the Worlds Top 10, the wealthiest cities in each of five regions across the globe, and the seasonal hotspots for centi-millionaires with investable wealth of USD 100 million or more, or to watch the video. "Anything in Mission Bay around $1 million, you can be assured we will sell it straight away," said Veronica Schoonraad, a local Barfoot & Thompson real estate agent. With the rise in the OCR from 0.25% to 0.50%, we can see the Reserve Bank of New Zealand Te Ptea Matua is doing their best to manage the ever increasing interest rates and cost of borrowing money. You can't beat Wellington on payday: its workers have the country's highest median incomes. Surrounded by vineyards and close to beaches, bike rides and walks, Napier and Hastings are super popular cities for backpackers looking for work and sun! First on our list of New Zealand cities is Auckland. April 18, 2023, 8:40 PM UTC. When looking for accommodation in Queenstown, whether its short-term or long-term, take a look at ourAccommodation Guide to Queenstown. The new city must have "a population of not less than 50,000 persons", be "predominantly urban" and "a distinct entity and a major centre of activity within the region" (or regions) that it is encompassed by. Additionally, the transport and logistics industry is experiencing a shortage of drivers, so getting things shifted around the country is proving harder and more expensive than ever. Buy in places where growth is about to happen, like new developments that are close to motorways, supermarkets, and schools. Herne Bay in Auckland remains the country's most expensive suburb with a median value of $3.6 million. Six years after, he got promoted to Knight Companion of the New Zealand Order of Merit for his services in philanthropy. CEO and Chairman of Louis Vuitton (LVMH) Bernard Arnault, who carries the tag of the world's richest man is said to be meeting his five children once a month over lunch and taking their auditions to decide who is capable of running his luxury empire. We had kind of assumed that everything would have cooled off by now, but the property market is still on the go, living costs are rising, and border restrictions are still in full swing. Most importantly, our findings are established on findings from ecocnn.com, Forbes, Oxfam, and nbr website. This makes them appealing to both the local New Zealanders and expats. The three-month increase reflects what QV and real estate firms say is a strengthening market in many central suburbs, despite continued weakness in much of the country. With four national parks within driving distance, Nelson is a great base for your wilderness trips. Aside from his real estate investments, Peter Cooper also has a hedge fund, Cooper & LeVasseur. We broke down a 143 page document into an easily understandable and digestible blog, where you can have a look here. It's no secret that Auckland is New Zealand's largest city both population and landmass-wise. Graeme Hart. The boundaries of councils tended to follow the edge of the built-up area, so there was little difference between the urban area and the local government area. Why these places? Each year, we like to write about the best places for property investment in New Zealand, this article focuses on what could come next in 2022. Ecocnn delivers the latest on World currencies, eCommerce, and Insurance. Wellington is 17% cheaper than Auckland, and it gets even more affordable in the suburbs. New Zealand is the 53rd largest nation with the highest GDP in the world, with an annual GDP of 186.4 billion dollars. Living alone can set you back $2,696 per month to purchase all your necessities, while a family of four needs at least a minimum of $5,820 per month. Although the company has its headquarters in Hong Kong, where it has more than 5,000 workers, they own a mansion in New Zealand. The benefits of being considered central is that youre able to access the necessary infrastructure, such as supermarkets, buses, and easy transport. New Zealands global profile is now on the rise, thanks to the countrys prime minister, Jacinda Ardern. It is mandatory to procure user consent prior to running these cookies on your website. The. The average cost of living in New Zealand is quite expensive . New Zealands cities are often where youll find an abundance of work opportunities ideal for saving up for the next leg of your travel. Using various sources, including Forbes and New Zealands NBR List, we present a list of the top ten richest people in New Zealand. Pat Goodman started Quality Bakers in Motueka in 1968. After getting the tab, you can get a bill shock over a casual night out. Meta goes on multibillion-dollar bond quest after beating profit and revenue expectations. She knows Aotearoa inside-out and loves sharing tips on how best to experience New Zealands must-dos and hidden gems. QB Studio 11, Level 1, 208 Ponsonby Road, Ponsonby, Auckland 1011. Compare mobile phone plans from top providers in New Zealand and find the best mobile plan for you. If you feel like youre not getting your moneys worth, dont hesitate to switch to a better plan. While it was also created to get developers developing, we can only see the negative impacts for First Home Buyers, and how its a very easy way to skrrt around a law. Net Worth 2022 $2 Billion. In 1989, the structure of local government in New Zealand was significantly reorganised. When looking for accommodation in Nelson, whether its short-term or long-term, take a look at our Accommodation Guide to Nelson. He is now 10th on our richest people in New Zealand list, despite his disappearance from Forbes list after he lost control of his Russian investment bank, Renaissance Capital. The average cost of renting a one bedroom apartment within the city costs 866.76 NZ$ to rent an apartment outside a month is 783.88 NZ$. Other snapshots from the report included: * House prices - Highest: North Shore City $573,430. Depending on your location, this can double and even triple, especially in big cities like Auckland, Wellington, and Christchurch. The company, owned outrightly by the family, has a presence in more than 120 countries and records more than $400 million in annual sales. By using this website you accept our, 7 ways to enjoy luxury travel on a budget, Explorer Yachts Tap Into Millennials Desire for Meaningful Travel Experiences, Top 10 Most Expensive Cities in Czech Republic, The Most Expensive Types of Caviar in the World. Bob Jones. He also owns Burns Philp, a food manufacturing company, Carter Holt Harvey, and Walter & Wild. As weve said above, the cost of living in New Zealand is really high, and were seeing inflation increase the most in the last year than other usual years. Ranked by median income in New Zealand Dollars. Many locations that once had a "city council" are now governed by a "district council". Peter Thiel became a naturalized New Zealander in 2011 after he obtained permanent residency in 2007. For more information on the Hamilton, check out The Complete Guide to Hamilton. Note that the population data is approximate and of the urban population of the cities. "Properties around $1 million at the moment are like hot-cakes. How Much Does Bill Gates Make in a Year, in a Day, and in a Second. We list exclusive deals that you wont see anywhere else even on the providers website. The economy of New Zealand is a highly developed free-market economy. He's passionate about the transformative power of content and community delivered via superior user experience. Especially if you live in Auckland, you may want to slow down your chugging as they serve one of the priciest beers in the world! To view our privacy policy pleaseclick here. 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