Featured
Petrol king goes shopping with Adelaide mall deal
Rich Lister Nick Andrianakos’s first investment into a shopping centre comes almost half a century after the Greek migrant bought his first petrol station in 1973, going on to create the Milemaker chain of fuel outlets.
- Nick Lenaghan
- Exclusive
- Venture capital
Canva takes hit as investor slashes value of shares by 33pc
The US tech sell-off is starting to hit Australia’s biggest private tech names, as one of the graphic design giant’s newest backers rethinks its value.
- Michael Bailey
Rich Lister Terry Snow backs founders who’ve lived their problems
A new grants program has backed social entrepreneurs motivated by their own adversity and hardships.
- Michael Bailey
Rich Lister Jack Cowin’s v2food expands into plant-based ‘chicken’
Chief executive Nick Hazell rejects squawks from livestock producers over labelling as the plant-based “meat” group holds prices steady despite raw material inputs rising as much as 15 per cent.
- Simon Evans
Where are Australia’s self-made billionaire women?
Australia’s richest woman, Gina Rinehart, has $30.7 billion to her name. We asked three women what that tells them about wealth creation in Australia.
- Lucy Dean
The 2021 List
View previous years:
March
The nation’s 50 richest women revealed
Their collective wealth has jumped $7.4 billion as technology entrepreneurs, led by Canva’s Melanie Perkins, climb the Rich Women rankings.
- Julie-anne Sprague and Michael Bailey
- Exclusive
- Defence
Why Gina Rinehart wants Peter Dutton to get a bigger budget
Australia is not spending nearly enough on its defence, says the country’s richest person.
- Julie-anne Sprague
February
How Mike Cannon-Brookes invests
The Atlassian founder’s portfolio has morphed from helping software developers to saving the world, including stakes in Sun Cable, Genex, Brighte and Melior.
- Updated
- Michael Bailey
Western Sydney Rich Lister makes big donation to new Parramatta museum
Property developer Arnold Vitocco has made a big contribution to the region’s new Powerhouse Museum, joining fellow Rich Lister developer Lang Walker.
- Michael Bailey
Investors wait for Mintz’s next move as Cettire shares slide again
More than $250 million has been wiped off the online luxury goods platform’s market capitalisation this week, despite sales growing strongly.
- Carrie LaFrenz
Cettire shares dive as luxury online retailer swings to a loss
Shares sank more than 20 per cent on Thursday, despite top-line sales surging nearly three-fold in the first half of the financial year.
- Carrie LaFrenz
December 2021
Perth-based gaming founder buys jet
Laurence Escalante has joined John Gandel, Kerry Stokes and Andrew Forrest in buying a Pacific-hopping Bombardier Global 7500, as his social gaming company breaks revenue records.
- Michael Bailey
If you’re going to do something, do it properly, says this billionaire
In her first big face-to-face interview, 86-year-old philanthropist Pauline Gandel talks about the allure of Japanese art.
- Michael Bailey
Australia has a handful of new billionaires and two aren’t even 40 yet
Cryptocurrencies, technology and human capital are fuelling the rising fortunes of Australian entrepreneurs.
- Julie-anne Sprague and Michael Bailey
Crown recovery drives Packer vehicle to $505m profit
James Packer’s 37 per cent stake in Crown Resorts still speaks for most of the $4.4 billion net assets of his main investment vehicle, Consolidated Press Holdings.
- Michael Bailey
November 2021
Want to start a company? Be prepared to lose your house
Creating a $4 billion wealth management group took ‘a lot of shoe leather, a lot of hard work, a lot of commitment’ says Netwealth’s Michael Heine.
- Julie-anne Sprague
Why Dubbo is the best place to build a $1.3b company
Wes Maas left an NRL career and spent $14,000 buying a bobcat in Dubbo. Now he’s managing a $1.3b company, and all without having to leave his home town.
- Julie-anne Sprague
APM founder Megan Wynne joins billionaire ranks after ASX debut
Shares in APM slipped 2 per cent on debut, though Megan Wynne’s wealth has ballooned to $1.09 billion alongside husband Bruce Bellinge thanks to their 34 per cent stake.
- Updated
- Julie-anne Sprague and Jessica Sier
Meet the duo behind WA’s newest millionaires factory
Three years ago, Michael Anghie was working at EY. Now he’s about to list a company that will deliver a $114 million payday.
- Julie-anne Sprague
October 2021
Meet this year’s 26 new Young Rich Listers
There are 26 debutants on this year’s Young Rich List who have fashioned wealth in everything from online retail to cryptocurrency computer games.
- Julie-anne Sprague and Michael Bailey
Quitting McKinsey led this man to a $40m fortune
Young Rich Lister Alex Dorsch made his fortune from an old school industry, a rare feat among this year’s self-made entrepreneurs.
- Julie-anne Sprague
The women building fortunes from supplements, serums and squats
There are 11 entrepreneurs on this year’s Young Rich List carving out fortunes from a boom in health and wellness. They’re collectively worth $1.2 billion.
- Julie-anne Sprague
How the nation’s newest billionaire built a software giant
Tony Walls, the founder of software company Objective Corp, has quietly added $20 million a week to his wealth pile over the past five months.
- Updated
- Julie-anne Sprague
‘Know when to fold’: How Jack Cowin beat Burger King
Fast food billionaire Jack Cowin fought Burger King in court for five years. When he finally decided to fold, they didn’t believe him, and it ended up costing them $70 million.
- Julie-anne Sprague
- Exclusive
- Rich Listers
Virtual Gaming Worlds shuns ASX, hits record profit
The Perth-based online gaming platform paid out record profits and dividends in 2020-21, but the $3.4 billion company has all but ruled out an ASX listing.
- Michael Bailey
