How many billionaires are in New Zealand?

The number of billionaires in New Zealand has risen to 14, including individuals and families, who collectively hold wealth of $36.8 billion, according to NBR's latest Rich List. The richest of them, Graham Hart has wealth of $12b.

Are there any billionaires in New Zealand?

Packaging magnate Graeme Hart remains the richest individual with an estimated $12 billion fortune while film makers Sir Peter Jackson and Dame Fran Walsh join the billionaire club thanks to the $2.3b sale of Weta Digital's technology in 2021.

Who is the richest New Zealander?

The rich list, which shows off New Zealand's wealthiest people, was published by The National Business Review (NBR) on Monday. Graeme Hart, worth more than $12 billion, topped the list once again. His estimated net worth was up from $11 billion in 2020.

Who are the richest families in New Zealand?

Who is the richest woman in NZ?

The founder of the Kathmandu retail chain, Jan Cameron, is cited as New Zealand's richest woman with an estimated wealth of $75 million.

What It's Like To Be A Billionaire In New Zealand

What is considered wealthy in NZ?

Those in the wealthiest 20 percent have median financial assets of $1.11 million in the year ended June 2021, whereas those in the bottom 20 percent had a median value of $9,000. New Zealanders' net worth typically increases with age until around retirement.

Who owns most of New Zealand?

Newton's investigation reveals that in total 56 percent of New Zealand is privately owned land. Within that 3.3 percent is in foreign hands and 6.7 percent is Maori-owned. At least 28 percent of the entire country is in public ownership, compared with say the UK where only eight percent is public land.

Is New Zealand richer than Australia?

Australians are a third richer than New Zealanders. Per capita GDP (adjusted for purchasing power parity) is NZ$48,000 in Australia compared to just NZ$36,400 in New Zealand. This difference is remarkable given that the two countries enjoyed the same level of income for most of the twentieth century.

What is the highest paying job NZ?

The highest-paying job in New Zealand is that of CEO or Managing Director. They earn, on the low end, around NZ$120,000 per year and, on average, around NZ$560,000 per year. On the high end, they can earn as much as NZ$4.5 million per year!

What names are illegal in NZ?

Where does the richest man in NZ live?

Graeme Hart has residences in Auckland, Queenstown and Waiheke Island in New Zealand, an island in Fiji and two properties in Aspen, Colorado in the US. He attended Mount Roskill Grammar School. Hart says he lacks interest in making money for its own sake.

How much does the NZ prime minister earn?

Privileges of office

MPs' salaries have been temporarily reduced during the COVID-19 pandemic in New Zealand—the prime minister's salary is NZ$471,049. In addition, like all other ministers and MPs, the prime minister receives annual allowances for travel and lodging, as do the prime minister's spouse and children.

Is NZ a poor country?

In fact, New Zealand is a sought-after location for films, with popular movies like “the Lord of the Rings” showcasing the natural beauty of the area. However, such an idyllic and prosperous country has a darker underbelly. Poverty exists in New Zealand despite its ranking as a developed country.

What country has the most billionaires?

There are a record 735 billionaires in the U.S., which remains the leading country for billionaires.

Is it cheaper to live in NZ or Australia?

When comparing the cost of living in New Zealand vs Australia, New Zealand is the more affordable country to live in. On average, consumer prices in New Zealand are 3.96% lower than in Australia. Rent and groceries cost 17.70% and 5.92% less. Eating out at a restaurant will also cost less in New Zealand.

Are there slums in New Zealand?

Auckland's central city is home to some of the region's poorest people, living in tiny overcrowded apartments which are threatening to turn some areas into slums.

Does Bill Gates own land in New Zealand?

Another hedge fund billionaire, Paul Tudor Jones II, has large properties in New Zealand. Bill Gates has property in Nelson, New Zealand's sunniest region, at the northwestern tip of South Island.

Does UK own New Zealand?

Following the Treaty of Waitangi in 1840, the islands of New Zealand became a British colony. In 1907 New Zealand achieved the status of Dominion, which meant it was a country of the British Empire and later the Commonwealth, with autonomy in domestic and foreign affairs.

Who is the biggest investor in New Zealand?

The United States and Canada were New Zealand's biggest foreign investors over the last three years, followed closely by Australia, China and Singapore, says KPMG in an analysis Overseas Investment Office (OIO) approvals.

Is $70000 a good salary in New Zealand?

Labour MP Deborah Russell and National MP Stuart Smith weighed in on the issue this week. Almost half of Auckland households earning between $70,000 and $100,000 a year say they are just able to make ends meet. Commentators said what would count as "wealthy" in New Zealand in 2019 was subjective.

Is 80k a good salary NZ?

"It's been debated at what point does money no longer change your level of well-being," Mr Jebb said. "We found that the ideal income point is $130,000 (US$95,000) for life evaluation and between $82,000 and $103,000 for emotional wellbeing.

What is a good net worth by age NZ?

Young people (15–24 years) had the lowest median individual net worth ($3,000), while people in the traditional retirement ages (65–74 years) had the highest ($433,000). Median individual net worth of Europeans was the highest at $151,000.