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Wealth

Rich List

Featured

Canva founders among 10 wealthiest Australians after $93m raise

Canva founders Melanie Perkins and Cliff Obrecht are among the 10 wealthiest Australians after the graphic design software company hit a valuation of $US15 billion.

  • Updated
  • Michael Bailey

Palmer bonanza as China’s CITIC nears billion-tonne iron ore deal

A judge has cleared the way for Chinese conglomerate CITIC to secure the rights to mine another billion tonnes of iron ore in WA, delivering Clive Palmer a massive royalties windfall.

  • Brad Thompson

Bluey the cartoon puppy delivers Rich List boost to Moose Toys family

The Melbourne-based creators of the Shopkins craze have another hit on their hands, thanks to a cartoon blue heeler from Brisbane.

  • Michael Bailey

How Megan Wynne went from occupational therapist to $1.5b empire

After creating one of the world’s biggest employment services companies, Megan Wynne is about to join the Rich List - and she’s plotting the next phase of growth.

  • Julie-anne Sprague

Why so many Rich Women are media-shy

Many female founders of big Australian businesses have much lower profiles than their male counterparts, and ingrained sexism could explain their silence.

  • Michael Bailey
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Featured

Leadership shake-up at Rinehart’s Roy Hill mine

Roy Hill boss Barry Fitzgerald will move into board roles as the company’s billionaire owner praised his role in creating the nation’s fourth-biggest iron ore producer.

  • Brad Thompson

Meet the three new women set to join the Rich List

The owners of retail brands Decjuba, Mecca and Culture Kings are poised to join the Financial Review Rich List in May.

  • Julie-anne Sprague

‘Accidental’ businesswoman Jude Turner finds the sweet spot

The founder of Spicers Retreats and wife of Flight Centre co-founder Graham ‘Skroo’ Turner is a $271 million pandemic success story.

  • Fiona Carruthers

The problem with our Rich List

The Financial Review’s lists of the country’s wealthy have a women problem. The reasons are many, but they might not reflect the full picture.

  • Julie-anne Sprague

The nation’s richest women revealed

The inaugural Rich Women List showcases several entrepreneurs who are set to join the Financial Review Rich List in their own right after building successful companies.

  • Julie-anne Sprague and Michael Bailey

March

Busy running the marathon for Visy

Fiona Geminder, who rarely speaks out publicly, admits there is a long way to go on gender equality in her company, but she is championing the way forward.  

  • Julie-anne Sprague

Rich Lister family sells Byron pub to focus on resort

The time is right – the Rich List Flannery family is selling its Byron Bay pub, The Sun Hotel, to focus on running the booming Elements of Byron resort.

  • Martin Kelly

Gupta’s Whyalla steelworks reverses losses

Unions are worried about the potential fallout of the strife at Greensill Capital on the Australian operations of GFG.

  • Updated
  • Simon Evans

February

Housing boom lifts homemaker centre landlord Aventus

Visits to homemaker centres owned and operated by Aventus hit a record high of 44 million in 2020, benefiting tenants like Bunnings, Harvey Norman and JB Hi-Fi.

  • Larry Schlesinger

Laurence Escalante a double billionaire after gaming profits jackpot

The online casino of the Perth-based former financial planner’s Virtual Gaming Worlds has become a big hit in the locked-down US.

  • Michael Bailey
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The wait is over: Crown Residences to welcome first residents

One Barangaroo has so far cost developer Crown Resorts more than $2 billion since work started in 2015 and there’s still plenty to be done.

  • Martin Kelly

James Packer set to fall further down the Rich List

The casino mogul, once Australia’s richest person, may not make the top 20 if forecasts for Crown Resorts shares are realised.

  • Michael Bailey

Packer’s behaviour ‘intolerable’: Bergin

The billionaire got the dressing down his directors and executives would never give him in Tuesday’s report to the NSW gambling regulator.

  • Michael Bailey

Rich List contender’s profit surge six years in the making

Blackmagic Design’s profits have quintupled as its Hollywood customers used their downtime to upgrade, and demand for its home studio and streaming products boomed.

  • Michael Bailey

CEO says vegan ‘cheese’ tastes just as good

ASX-listed Pure Foods Tasmania boss Michael Cooper says it’s hard to tell plant-based ‘cheese’ made by newly-acquired Lauds Plant Based Food isn’t dairy.

  • Simon Evans

Forrest pours fortune into war on plastic

Andrew Forrest has blasted petrochemical companies for continuing to churn out plastic as he funds research into the risk of tiny particles entering the human brain.

  • Brad Thompson

Why Stokes swapped iron ore for buckets of salt

Ryan Stokes believes BCI Minerals made the right calls in selling iron ore assets to focus on a $779 million salt project.

  • Brad Thompson

January

James Murdoch isn’t the only one in the family going green

James Murdoch’s brother-in-law has been quietly boosting his green credentials and just cut a deal with Microsoft to help the tech giant in its quest to go carbon negative.

  • Julie-anne Sprague

Andrew Forrest wants RM Williams to be fully true blue

The Rich Lister and his wife will spend up big to bring the 35 per cent of production still offshore back to Australia.

  • Simon Evans

Forrest hires sovereign borders commander for fire fight

Andrew Forrest's Minderoo Foundation has hired Operation Sovereign Borders commander Lee Goddard to help fire-proof Australia with the help of high-tech surveillance technology.

  • Brad Thompson
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Rich Lister Cowin's plant-based sausages push

The plant-based 'meat' group backed by the Hungry Jack's magnate and the CSIRO's venture capital arm wants a big piece of meat-eater heartland with its snags.

  • Simon Evans

Forrest plans China visit and vaccinations for Fortescue travels

Australia's richest man says China deserves credit for helping out during the COVID-19 crisis and he plans to visit the biggest iron ore export market.

  • Brad Thompson

Rich Lister couple's $5m bet on the future of cricket

Cathie Reid and Stuart Giles made their debut on the Financial Review Rich List in 2020 after making their fortune in healthcare. Now they're focused on a new cricket league.

  • Carrie LaFrenz

AFR Magazine 2020 in pictures

The photographs and illustrations that brought to life our glossy pages throughout the year.

December 2020

RM Williams online sales double in pandemic shift

The CEO of the boots and bush clothing group, now owned by Rich Lister Andrew Forrest, says bricks and mortar stores will be crucial in an offshore push.

  • Simon Evans