Is there a billionaire in NZ?

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.

How many billionaires are there in NZ?

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.

Who is the richest guy in NZ?

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 is considered rich in NZ?

Net worth is a measure of assets minus debts. The top quintile had a median $2.024 million, up from $1.328m in 2015. To be in this top 20 per cent of households, you now need worth of $1.1m. For the top 10 per cent, you need $2.025m.

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.

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

How rich is rich 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.

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!

Is New Zealand a rich or poor country?

Yes, New Zealand is the world's fifth richest country as measured by per adult wealth. Only Switzerland, Hong Kong, US and Australia rank higher . New Zealand's wealth is also reasonably evenly distributed, with median wealth also being the fifth highest in the world.

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.

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.

Is NZ or Aus better?

In 2019, New Zealand was ranked as the second safest country in the world. New Zealand has a lower crime rate than Australia. Plus, you won't have to worry about any snakes!

Is NZ a good country?

Yes! New Zealand is a very good country to live in. The people are extremely friendly and they accept almost everyone living there. It's a very safe place to be with a variety of living options. The weather is also gorgeous, so it'll always nice to look outside your window at the scenery.

What is the poorest town in New Zealand?

Kawerau is New Zealand's poorest town. It has the country's lowest average income, its highest share of sole parents and beneficiaries, and has been dominated for 30 years by the Mongrel Mob.

Why is NZ so rich?

The rate of new fortune accumulation has been steady since the Second World War. The most likely sectors for fortunes to appear in are manufacturing, and the "deal-making" industries (merchant banking, brokerage, insurance, real estate and property development). Nearly three-quarters of the fortunes were self-made.

Is New Zealand in debt?

The IMF's general government net debt indicator shows New Zealand's debt at 21.3 percent of GDP in 2023, compared to 31.6 percent in Canada, 40.7 percent in Australia, 71.3 percent in the UK and 94.9 percent in the US.

How much do NZ doctors get paid?

Registrars working for a district health board (DHB) usually earn between $72,000 and $182,000 a year. Qualified physicians working for a DHB usually earn between $155,000 and $219,000. Physicians working in the private sector can earn more than this. Those at the top level can earn up to $600,000.

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.

What is the lowest paying job in NZ?

The lowest paid jobs in New Zealand, relative to qualifications and experience, are all in the services sector, with hotel receptionists, waiters/waitresses and bar staff regularly being rated right at the bottom of the scale.

What is the 1% in NZ?

The net wealth needed to join New Zealand's “top 1 per cent” is now US$2.8m, the report said, which is the fifth-highest in the world behind Monaco, Switzerland, Untied States and Singapore.

What is middle class in NZ?

When it comes to the middle classes – the 40% of the country who are above the mid-point but below the wealthiest 10% – have a higher net worth, on average $352,000, most of it tied up in housing. Overall, the wealthiest 10% have 59% of all the country's assets, and the middle classes around 39%.

What is the top 10 income in NZ?

Based on Rashbrooke's research, those with wealth of $860,000 plus are in the top 10 percent of New Zealanders.