Rich List 2023
Featured
Atlassian co-founders are $6b richer after earnings update
Mike Cannon-Brookes and Scott Farquhar have added around $3.2 billion to their respective wealth after the software company’s shares surged more than 23 per cent.
- Tess Bennett
Where the ultra-rich are putting their money
A survey of 1000 of Australia’s richest families shows how they have retreated to safe haven assets to ride out the uncertainty associated with the war in Ukraine and rising inflation.
- Joanna Mather
Inside the unravelling of Perth’s worst-kept secret
This week in The Fin podcast, resources reporter Peter Ker on the split in the Forrest empire, how it came to light and what it means for the iron ore giant and its green energy plans.
Billions at stake as Rinehart battles over handshake deal
A decade-long legal battle between Gina Rinehart and Angela Bennett, who between them are worth almost $43 billion, is headed for a showdown in the WA Supreme Court.
- Updated
- Brad Thompson and Tom Rabe
- Analysis
- Rich Listers
Atlassian’s Mike Cannon-Brookes faces asset split after separation
The second break-up by a billionaire this month could make his wife, Annie Cannon-Brookes, the country’s fourth-richest woman.
- Primrose Riordan and Michael Bailey
Featured
This Rich Lister has no regrets about his $20m private school gift
The $20 million concert hall on the grounds of Terry Snow’s alma mater, Canberra Grammar School, has quickly gained a reputation among international musicians.
- Michael Bailey
Andrew Forrest tumbles down Rich List after split
Andrew Forrest has gone from Australia’s richest man to its eighth, after his split with wife Nicola and his philanthropy cut his paper wealth by 60 per cent.
- Michael Bailey
Bruce Gordon seeks partner for $500m Wollongong towers
The billionaire businessman is seeking a development partner to deliver WIN Grand, a mixed use project that will become Wollongong’s tallest building.
- Campbell Kwan
Australia’s richest man walks into a nickel bar
Andrew Forrest is making a big bet on nickel for the second time in his career.
- Brad Thompson
Kerr Neilson-backed theatre shines on debut
Review: Bell Shakespeare’s first full production in the new theatre bankrolled by the Rich Lister, Romeo & Juliet, made clever use of the state-of-the-art space.
- Michael Bailey
June
Why this Rich Lister is farming Singapore’s rooftops
Peter Barber made his money in video production but is now focused on his moonshot project – farming on top of buildings in one of Asia’s busiest cities.
- Updated
- Emma Connors
Forrest mega-gift to cajole other billionaires to give more
The $5 billion donation from Andrew and Nicola Forrest to their Minderoo Foundation will likely serve as a powerful exemplar for Australia’s peer-conscious billionaires.
- Michael Bailey
Why this Rich Lister isn’t worried about falling profits
Grant Petty, founder of Blackmagic Design, is backing artificial intelligence features to help earnings at the Melbourne-based manufacturer of video and broadcast production equipment recover.
- Michael Bailey
Rich Lister Kayla Itsines is finally ready to talk now
Australia’s most famous personal trainer is exactly who she says she is. And she has a lot to say, including on her break-up with her business partner and fiance, Tobi Pearce.
- Lauren Sams
Why Rich Lister Tony Denny swapped used cars for farming
Boosting food production through technology and smarter farming will be critical in decades to come, says the former car dealer with a $755 million fortune.
- Brad Thompson
House prices’ false flag, PwC’s apology fail & who’ll make money from AI
In this week’s podcast episode, James Thomson special guests, stockpicker Katie Hudson and senior AFR writer Jemima White, to talk rate rises, PwC and sharemarket tips for the new financial year.
There’s wealthy and then there’s ‘Rich List wealthy’
This week in The Fin podcast, senior Chanticleer columnist James Thomson explains how the Rich List has changed over the past four decades and why it matters.
May
Inside the Rich List, a new gold rush, PwC told to name names
In this week’s podcast episode, James Thomson and Anthony Macdonald find the next mining boom, spot a circuit breaker in PwC’s tax leak scandal and discuss The Australian Financial Review Rich List.
If Rich Listers had to start over in 2023, what would they do?
We asked 10 Rich Listers, Young Rich Listers and notable entrepreneurs to gaze into the future and imagine they were building their careers from scratch now.
Rinehart and Forrest: inside the rivalry at the top of the Rich List
Mining billionaires Gina Rinehart and Andrew Forrest don’t see eye to eye. But in some ways they are each looking into a mirror of themselves.
- Brad Thompson
- Exclusive
- Rich Listers
The 200 richest people in Australia revealed
In another year of the billionaire bingo that names the nation’s wealthiest, mining and manufacturing is up, technology is down and everything old is new again.
- Updated
- Michael Bailey
‘It’s very rich’: The billionaire who loves to bake her specialty cake
Nechama Werdiger is known for her 14-layer Napoleon cake but it’s her streusel cake that her 28 grandchildren and almost 100 great-grandchildren love best.
- Lauren Sams
- Opinion
- The AFR View
Rich Listers win by betting the ranch at least once
The impulse to spot a good idea and run with it has not changed in 40 years of the Rich List.
- The AFR View
Where’s Australia’s crypto king? Hibernating in his clifftop castle
Finder founder Fred Schebesta plays domestic dad as he waits out the cryptocurrency winter and outcome of a lawsuit with the corporate regulator.
- Aleks Vickovich
Why this billion-dollar Rich Lister values cold-calling and being kind
Having just made his first billion, Sam Prince grapples with whether entrepreneurial flair is ingrained, or if it can be taught.
- Michael Bailey
The biggest hits (and misses) from 40 years of the Rich List
Corporate raiders, post-war migrants, tech booms and busts – the annual scorecard of our most wealthy charts the ups and downs of Australian entrepreneurialism.
- James Thomson
AI valuations are staggering, says Australian tech entrepreneur
The world has gone mad for AI companies, but a low-profile Aussie entrepreneur is years ahead of the curve. She is already making robots – and NASA space pals.
- Paul Smith
The new must-have for Australia’s billionaires? A tropical island
Billionaires Andrew Forrest and Mike Cannon-Brookes are among the new cohort of private island owners, but making a buck is not always easy.
- Larry Schlesinger
This property magnate is making her Rich List debut at age 79
In the 1980s, Margaret Rose took a gamble that laid the foundations for her family’s property empire. She explains how she did it – and why everyone needs a calculated risk account.
- Lisa Murray
Why a Lamborghini might be your best-ever investment
SurfStitch co-founder Lex Pedersen’s latest passion is an investment fund for lovers of classic cars.
- Jemima Whyte
