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Wealth

Rich List

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How two Melbourne entrepreneurs stole the beauty market

Jo Horgan and Kate Morris are loosening the powerful grip that department stores have held on Australia’s beauty industry.

  • Lauren Sams and Julie-anne Sprague

How we shot the 2021 Rich List

There were a few dramas trying to capture some of the stunning photos for this year’s list of Australia’s wealthiest people.

  • Matthew Drummond

Why Justin Hemmes keeps spending millions on pubs

The celebrity publican’s $150 million-plus buying spree in the middle of a pandemic might seem risky, but love is as much in play as money.

  • Michael Bailey

The 200 richest people in Australia revealed

Australia’s billionaires have thrived during the pandemic year – and some on this year’s Rich List have reaped even bigger rewards from a soaring iron ore price.

  • Updated
  • Michael Bailey and Julie-anne Sprague

Andrew Forrest is defying sceptics to wrangle a green energy future

Australia’s second-richest person is chasing the next big dream: a carbon neutral world.

  • Julie-anne Sprague
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Rich List renews and repurposes

Recycled, regenerated, renewable: this year’s Australian Financial Review Rich List shows Australia’s richest people are repurposing business for sustainability.

  • The AFR View

High-Rise Harry is putting on an extra bedroom

The demand for large apartments close to workplaces is the strongest Harry Triguboff has ever seen, helping drive the Rich List stalwart’s rebound this year.

  • Michael Bailey

How a career break and coffee turned into a $3.4b business

The Melbourne cafe that Lucy Liu used to hang out at has produced three Young Rich listers and a company now worth billions.

  • Yolanda Redrup

‘Romance of biblical proportions’ powers Rich List couple

Trevor Lee and Keri Craig-Lee are among Australia’s largest landholders and biggest beef suppliers. Their marriage, they say, is a big part of their success.

  • Jemima Whyte

Forrest in $142m takeover bid for Canadian nickel player

Iron ore billionaire Andrew Forrest has unveiled his offer for a company with control of a high-grade project as he focuses on diversifying into green energy.

  • Brad Thompson

May

Street cred propels Culture Kings onto Rich List

Simon and Tah-nee Beard started off selling clothes at a Gold Coast market. Now their estimated net wealth is $626 million and Culture Kings is bound for the US.

  • Julie-anne Sprague

The son of Australia’s richest person on forging his own path

After a decade of legal fights with his mother, John Hancock is making his own way in the world. And so far the returns are good.

  • Updated
  • Julie-anne Sprague

Warhol and wallpaper: Rich Lister reveals her love of interior design

By day, she’s the founder and managing director of APM Group. After hours, Megan Wynne indulges her passion for interiors.

  • Julie-anne Sprague

How John Hancock backed the market’s biggest winner

A chat on a chairlift above Canada’s playground for the rich led John Hancock to make an investment in what turned out to be Australia’s best performing stock over the past year.

  • Julie-anne Sprague

From housing commission kid to showbiz technology star

The most interesting thing about making this year’s Financial Review Rich List, says Grant Petty, is making certain people shut up and take notice.

  • Michael Bailey
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The Rich Listers set to profit from saving the climate

A growing number of ultra-wealthy people are investing in ways to make business more sustainable, and therefore more competitive – and profitable.

  • James Thomson

Meet the 20 people making their Rich List debut

Twenty people appear on the Financial Review Rich List for the first time when it’s revealed on Friday, including seven from Australia’s growing tech sector.

  • Michael Bailey and Julie-anne Sprague

Seek co-founder seeks to disrupt private family wealth offices

Matthew Rockman claims to have found a gap in the market for servicing wealthy families who want a bespoke portfolio with an active role in how it is invested.

  • Michael Bailey

Meet the Forrest family’s $30b deal maker

Despite serving time for insider trading, former stockbroker John Hartman impressed the billionaire mining magnate with his diligence, intelligence and (perhaps ironically) honesty.

  • Brad Thompson

April

Why this plant-based ‘meat’ group listens to Ruslan Kogan

Deliciou has some new high-profile shareholders to add to an investment made by the Kogan.com founder.

  • Simon Evans

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

March

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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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 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

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