The list was historically released annually in May or June in a special issue of the Business Review Weekly (BRW), published by Fairfax Media.

[5][6] The wealthiest individual in the 2023 list was Gina Rinehart, estimated to have a personal net worth of A$37.41 billion.

[6][7][8] Rinehart succeeded Anthony Pratt and family, who held the mantle of Australia's wealthiest individual between 2017 and 2019, and also in 2009.

Pratt succeeded Harry Triguboff who topped the list in 2016, when it was estimated he had a personal net worth of A$10.62 billion.

[9] Nine individuals and/or families have made every list; including Maurice Alter, Lindsay Fox, John Gandel, John Kahlbetzer, Solomon Lew, Frank Lowy, Alan Rydge, Kerry Stokes, and Harry Triguboff.

In 2010, the founder of Westfield, Frank Lowy, who has appeared on the list every year, was Australia's richest individual with an assessed personal net worth of A$5.04 billion.

On 4 March 2016, Fairfax Media announced the closure of the BRW website, and redirected the site to a new section of The Australian Financial Review.