Some invest in safe-haven stocks and assets, while others are willing to take on more risk in the hope of hitting the jackpot.

The Australian recently compiled a list of 10 Australian billionaires, and the stocks they like to invest their money into.

Gina Rinehart

The Australian heiress, billionaire mining magnate, and businesswoman has built a $2 billion stock portfolio through Hancock Prospecting. It consists mainly of mining stocks and exchange-traded funds. The company owns shares in US-listed stocks such as Tesla Inc (NASDAQ: TSLA), Fox Corp (NASDAQ: FOX), and Trump Media & Technology Group Corp (NASDAQ: DJT).

Hancock Prospecting also has exposure in Australian markets. Hancock is a major shareholder in gold producer Ballard Mining Ltd (ASX: BM1), which floated on the ASX on July 14, 2025. 

Gerry Harvey

Australian entrepreneur and executive chairman of Harvey Norman Holdings Ltd (ASX: HVN), Gerry Harvey, backs New-Zealand based Briscoe Group Ltd (ASX: BGP). Briscoe comprises homewares stores and now Rebel Sports outlets. 

Bruce Mathieson

Bruce Mathieson is known for his influence in the Australian pub, hotel, and gambling sectors. 

According to The Australian, Mathieson has some of his fortune locked up in Endeavour Group Ltd (ASX: EDV) shares, shares in Star Entertainment Group Ltd (ASX: SGR), and shares in Mayne Pharma Group Ltd (ASX: MYX). He also has shares in RAS Technology Holdings Ltd (ASX: RHL).

Chris Morris

Chris Morris built share registry services firm Computershare Ltd (ASX: CPU) and maintains a large holding in the business. He also has shares in US data storage company Seagate Technology Holdings PLC (NASDAQ: STX).

James Packer

The Crown Resorts Ltd (ASX: CWN) king sold out of the business in 2022 and has since invested money into US technology stocks. His biggest holdings are in Nvidia Corp (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing Co Ltd (TPE: 2330), Shopify Inc (NASDAQ: SHOP), Spotify Technology SA (NYSE: SPOT), and Monday.Com Ltd (NASDAQ: MNDY).

Alan Rydge

Alan Rudge's wealth is mostly in two ASX-listed companies, which he has led for 45 years – Carlton Investments (ASX: CIN) and EVT Ltd (ASX: EVT). He is also a long-time stockholder of Harvey Norman shares.

Ed Craven

Ed Craven is Australia's youngest billionaire. He is well known for his cryptocurrency gambling empire Stake.com, and Kick streaming. He and his business partner Bijan Tehrani also have a 5% shareholding in Australian bookmaker Pointsbet Holdings Ltd (ASX: PBH).

Bruce Gordon

Bruce Gordon owns the Australian television network WIN Television through his ownership of WIN Corporation, the largest shareholder of Nine Entertainment Co Holdings Ltd (ASX: NEC). He also has shares in Singapore's mobile and telecommunication network Tuas Ltd (ASX: TUA).

Kerry Harmanis

Kerry Harmanis was the founder and executive chairman of Jubilee Mines NL, a highly successful Western Australian nickel miner which he established in 1987. Today, he still dabbles in mining shares, including Talisman Mining Ltd (ASX: TLM) and Centauras Metals Ltd (ASX: CTM).

Mark Creasy

Mark Creasy is one of Australia's most successful prospectors. He has a minority stake in nickel and lithium miner IGO Ltd (ASX: IGO), as well as a handful of other mining stocks. He recently invested into exploration company Lexington Gold Ltd (LON: LEX).

The post Australian billionaires: Which stocks do they own? appeared first on The Motley Fool Australia.

The Talisman Mining Ltd (ASX: TLM) share price is surging 20% at the time of writing and is currently trading at 18 cents.

So why is this ASX mining share having such a good day?

Optimism from chairman

Talisman Mining shares could be rising amid a positive outlook from the company's chairman and rich lister Kerry Harmanis.

Harmanis established West Australian nickel miner Jubilee Mines in 1987 before selling it off to Xstrata for $3.1 billion in October 2007. And now, Harmanis is confident Talisman is on the verge of a discovery. Speaking to the Australian Financial Review, Harmanis said:

We are well on our way. I'm very confident.

I'll be staggered if we don't find something, or two, this year. 

Talisman is exploring copper and gold at the Lucknow Gold project and Lachlan Copper-Gold project. The company also receives royalties from the Wonmunna Iron Ore Project in the Pilbara in Western Australia.

Harmanis is a substantial shareholder in the company, holding 33,859,138 shares — that's an 18% stake in the company.

In a quarterly report released in late April, Talisman highlighted it received $1.24 million in royalties from the Wonmunna project in the quarter.

Since March 2021, Talisman has gained $5.35 million in royalty payments from the project. The Wonmunna mine is owned by Mineral Resources Limited (ASX: MIN).

Talisman has more than $8.2 million cash in hand as at the end of the quarter.

Share price snapshot

Talisman shares have dropped nearly 20% in the past 12 months, while they are up 12.5% year to date.

For perspective, the benchmark index has climbed 2% during the past year.

The ASX mining share has a market capitalisation of about $33 million based on its current share price

The post 'I'll be staggered if we don't find something': Why this tiny ASX mining share is surging 20% today appeared first on The Motley Fool Australia.

Talisman Mining is an Australian mineral development and exploration company focused on opportunities in base and precious metals.

The company's key asset is the Lachlan Project within the Cobar/Mineral Hill region in New South Wales. Talisman believes there is significant potential for the discovery of substantial base metals and gold mineralisation within this land package.

Additionally, in August 2019, Talisman entered into a farm-in agreement with privately-owned Lucknow Gold in relation to the Lucknow Gold Project in NSW. The Lucknow Goldfield is located within the Macquarie Arc which hosts extensive gold and copper mineralisation, including Newcrest Mining Limited (ASX: NCM)'s Cadia-Ridgeway mine and Regis Resources Limited (ASX: RRL)'s McPhillamy's project.

Before we dig into the announcement, it's important to note that Talisman Mining sits at the smaller end of the ASX with a current market capitalisation of around $20 million.

What did Talisman Mining announce?

This morning, Talisman revealed that diamond drilling at the Lucknow Gold Project will begin this month. 

The planned diamond drilling will target an interpreted high-grade lode offset position at Lucknow where historic production was in excess of 400,000 ounces at grades of more than 100 grams per tonne (g/t) gold. 

Drilling was supposed to start in April but was postponed due to COVID-19.

Talisman also provided a corporate update this morning, revealing that exploration drilling and ongoing business development activities have resumed. As a result, the company has lifted a number of measures put in place from the beginning of April in response to the pandemic.

Accordingly, director fees have reverted to pre-COVID-19 levels and senior executives have returned to a full-time working week on pre-pandemic salaries. In addition, the company is expecting a staged return to work for its remaining workforce over the coming weeks, in line with anticipated workflows.

Talisman Mining shares are currently changing hands at 11 cents apiece and have a 4-week average turnover of $34,602 according to Market Index.

The post Talisman Mining share price jumps 12% as drilling set to begin at Lucknow appeared first on The Motley Fool Australia.