Featured
Commercial property is king, says Young Rich buyer’s agent
The demand for residential property among high net worth investors has plummeted, according to Rethink Investing’s Scott O’Neill.
- Michael Bailey
Meet the 11 rising stars from fund management’s ambitious next gen
These next-generation fund managers have a talent for picking stocks and a passion for investing.
- Updated
- Emma Rapaport
- Investigation
- Entrepreneur
Robert Bates used fake bank transfer to buy Francesca Packer a diamond
The wellness start-up founder, who is being pursued by his investors for more than $15 million, claimed that the ring was a fake and refused to pay for it.
- Jessica Sier
- Exclusive
- Luxury property
Laser Clinics co-founder Alistair Champion buys $69m Point Piper home
The entrepreneur and wife Kate have proved to be savvy property traders, while billionaire David Teoh’s sons have become neighbours on Sydney’s north shore.
- Bonnie Campbell
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
The 2022 List
Featured
Cettire climbs on sales and market share
Rate hikes and the squeeze on households have not hurt luxury spenders, with Cettire trading up strongly over the first four months of calendar 2023.
- Carrie LaFrenz
Why this Young Rich Lister quit retirement in two weeks
After selling his first software company, Mark Woodland is starting again from scratch with a new business for NDIS participants.
- Tess Bennett
Why Rich Lister Simon Beard left Culture Kings
Culture Kings founders Simon and Tah-nee Beard have left their operational roles less than two years after it was acquired by Boston’s Summit Partners.
- Michael Bailey
- Exclusive
- Investigation
Robert Bates’ limo driver tipped $200k into Aurum+, Aquamamma
Embattled businessman Robert Bates convinced his limousine driver to invest almost $200,000 in his wellness start-ups Aurum+ and Aquamamma.
- Jessica Sier
Luxury buyers help Cettire surge back to profit
The online seller of luxury goods does not expect its wealthier customers to be bothered by higher interest rates and other economic challenges.
- Carrie LaFrenz
February
- Exclusive
- Entrepreneur
Ex-Young Rich Lister Robert Bates’ online network crumbles
The online wellness empire of the beleaguered entrepreneur has begun to disappear, and Woolworths insists it had no relationship with his products.
- Jessica Sier
January
Resources boom is great for Rinehart (and one high-school dropout)
The nation’s miners, including Chris Ellison, enter the new year building on their huge fortunes, while its top tech entrepreneurs are nursing eye-watering losses.
- Julie-anne Sprague and Michael Bailey
November 2022
Cettire shares tumble as founder pockets nearly $60m in sell-down
Young Rich Lister Dean Mintz has sold another chunk of his large holding in the luxury online platform. He has made more than $100 million in two block trades this year.
- Carrie LaFrenz
MilkRun is last man standing as fast delivery company Voly disappears
The 20-minute delivery dream faces an existential problem as investors sour on cash-burning businesses.
- Mark Di Stefano
Telstra Ventures stung by FTX crypto collapse as market surveys carnage
The telco’s venture capital arm is among Australian losers as local industry insiders say the exchange’s failure is “heartbreaking” but not terminal for crypto.
- Paul Smith
October 2022
Young Rich List wealth takes $11b hit after tech plunge
The total valuation of Australia’s 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list.
- Updated
- Julie-anne Sprague and Michael Bailey
Can this man solve crypto’s $2 trillion image problem?
Sam Bankman-Fried has spent $US1 billion on shoring up cryptocurrency businesses. But he’s still not convinced the industry has proved itself.
- Mark Di Stefano
This young couple made ‘every mistake’ but still built a $52m business
The founders of Stax activewear have proved there’s money in doing one thing right.
- Lauren Sams
How the music industry’s great resurgence reached the Young Rich List
Australian artist manager Jaddan Comerford reckons it’s not such a long way to the top if you want to rock and roll. But there are some prerequisites.
- Michael Bailey
Why Elvis was an early disruptor, according to a Young Rich Lister
To Aaron Hornlimann, Elvis Presley was someone who was willing to think differently, act differently, and break the mould radically. That’s why he’s a fan.
- Julie-anne Sprague
The Young Rich Listers betting you’ll spend 4 times as much on toothpaste
They made their initial fortune selling teeth whitening kits. Now, these Young Rich Listers are planning to take on global giant Colgate at their own game: toothpaste.
- Julie-anne Sprague
Meet this year’s 26 Young Rich List debutants
The 2022 list features a strong showing from sports stars, musicians and entrepreneurs building tech fortunes in one of the industry’s most challenging years.
- Lauren Sams, Michael Bailey and Julie-anne Sprague
Inside the ‘tech wreck’ of the deflated Australian start-up scene
It’s all about survival of the quickest in a year that has been quite the ride for tech founders whose wealth has plummeted. But there are new signs of life.
- Jessica Sier and Yolanda Redrup
Buy now, pay later company founder fights for survival
Zip Co’s Larry Diamond was once the poster child for high-flying, local tech entrepreneurs. Now he is facing existential questions, but he’s hopeful.
- James Eyers
He quit uni to make a video game; now he’s a Young Rich Lister
Alex Connolly is this year’s youngest member of the Young Rich List after helping create Australia’s third most valuable privately held tech company.
- Julie-anne Sprague
This new Young Rich Lister is turning big-name films into video games
Gerry Sakkas, co-founder of ASX-listed video game developer PlaySide Studios, makes his debut among Australia’s wealthiest people aged 40 and under.
- Michael Bailey
To beat cybercriminals, this Young Rich Lister hired the first one
Kevin Gosschalk’s Arkose Labs boasts of many defences against hackers – including the “original internet Godfather”.
- Michael Bailey
The hidden clause VCs are slipping in to hedge their bets on crypto
Finder chief executive Fred Schebesta says some investors are trying to introduce new terms to claw back their money if things go awry at crypto start-ups.
- Emma Connors
September 2022
‘The best business advice is printed on Nike t-shirts’
He quit his job as a consultant to sell TVs on eBay for 1c. By 31, Ruslan Kogan had landed on the Financial Review Rich List after building online retail group Kogan.com. Here’s what he’s learnt.
- Julie-anne Sprague
This Rich Lister quit his job as a consultant to sell TVs for 1¢
While living in a Melbourne housing commission flat, a young Ruslan Kogan honed his selling skills, making a buck selling golf balls and washing cars.
- Julie-anne Sprague
