Corporation into the community, including commitments of approximately A$65 million to various charitable organisations, including a A$20 million gift in 2008 towards neuroscience medical research facilities in Perth. Net worth In 2015, the BRW Rich 200 assessed Sarich's net worth to be 1.05 billion, and on the Forbes list of Australia's 50 Richest people, Sarich's net worth was estimated at 0.66 billion. Awards Sarich has been the recipient of many prestigious engineering, commercial and civil awards including: 1972 Australian Broadcasting Commission Inventor of the Year 1972 Citizen of the Year 1972 Sir Lawrence Hartnett Inventors Award – Science 1972 West Australian Citizen of the Year 1973 Jaycees Outstanding Young Australian 1986 Hartnett Medal of the Royal Society of Arts for contribution to manufacture and commerce 1987 Doctor of Science from Murdoch University 1988 Officer of the Order of Australia (AO) for service to engineering 1987 The Churchill Medal awarded by the Society of Engineers, and the first Australian to be awarded the Medal 1988 Honorary Fellow of the Society of Engineers 1991 Clunies Ross Award for automotive engineering by the National Academy of Science & Technology Published work References Further reading RAC Magazine 1973 (Report) Ford Fleet Validation Executive/Engineer statement 9/12/09 Perth's Hot Marlin Chew'' Magazine, March 2000, p. 71 External links 1938 births 20th-century Australian inventors Australian people of Austrian descent Australian people of Croatian descent Living people Australian billionaires Australian philanthropists Officers of the Order of Australia