Anthony Pratt has topped Australia’s Rich List with a record personal wealth of $12.9 billion.

The man behind the Visy cardboard box manufacturing and recycling business beat out apartment development tycoon Harry Triguboff and mining magnate Gina Rineheart.

The past year has seen the number of Aussie billionaires rise, with some new names added to the list.

The AFR’s Rich List editor John Stensholt tells Ross Greenwood favourable economic conditions have helped Australia’s most wealthy.

“You’ve got commodity prices going well therefore the stock market’s going well.

“The property market’s still very good too, Ross.”

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