May 25, 2006

The CRW (Crikey Revised Wealth) Rich List

For many years people have remarked how inaccurate the BRW Rich List is so we have instigated a Crikey Revised Wealth (CRW) Rich List to reveal the wealthy Australians BRW overlooked.

Andrew Abercrombie: the founder and controlling shareholder of the recently listed financial provider Flexigroup controls a stake worth $177 million.

William Adams: Largest shareholder in Tattersall’s and direct descendant of founder George Adams’s brother. Stake worth more than $120 million, but has received at least $20 million in distributions since lucrative Victorian pokies licence issued in 1991.

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