I love the smell of money in the morning. But not as much as these 200 Aussies, dubbed by the annual AFR feature as Australia's richest. Here's who's who.

The AFR’s annual Rich List has landed, spotlighting the 200 wealthiest Australians in 2025. This year’s list features 10 new names, including Michael Dorrell of Stonepeak, who debuted in seventh place with a $13.9 billion fortune.

Tech and pharmacy were the standout sectors. A surge in valuations for ASX-listed tech firms and the Chemist Warehouse-Sigma merger helped push the sector total near parity with property. Together, tech-linked fortunes now account for over $100 billion in wealth.

There are now 42 women on the list—up from 41 last year—with Margaret Dymond (Penrite) and Gail Fletcher (Fletcher International Exports) among the most notable new names. Annie Cannon-Brookes, now ex-wife of Atlassian's Scott Cannon-Brookes also debuts following the pair's split.

Three big takeaways:

• The biggest drop: The Terry Snow family wealth halved after a major philanthropic donation.

• Fastest risers: The Gance and Verrocchi families gained billions from their new ASX-listed pharmacy empire.

• Most under-the-radar debut: Michael Dorrell quietly amassed billions overseas before appearing on the list for the first time.

Read the full 2025 Rich List on the AFR (you'll need a subscription, or you can just #buythepaper)