August 2023
Why Australia has 20pc fewer millionaires
About 1.8 million Australians have a personal wealth valued above $1 million, but the number shrank in 2022 because of interest rates, market and currency hits.
- Duncan Hughes
June 2023
Mecca revenues surge to more than $688m, new accounts show
The cosmetic giant’s owners, Jo Horgan and Peter Wetenhall, were paid $20 million in dividends in 2021, according to documents filed with the regulator.
- Carrie LaFrenz
February 2023
- Exclusive
- Healthcare
Forrest’s Tenmile backs start-up solving a looming healthcare crisis
The mining billionaire’s health tech fund has chipped in to the company’s $26 million round, along with Platinum International Healthcare Fund and Northpond Ventures.
- Yolanda Redrup
September 2022
Rich Lister snaps up 195-year-old Wisemans Ferry Inn
Billionaire property tycoon Sam Arnaout has added the 195-year-old Wisemans Ferry Inn Hotel on the banks of the Hawkesbury River north-west of Sydney to his fast expanding hospitality empire.
- Larry Schlesinger
December 2021
More Crestones to come as private wealth firms soar
The high-net-worth advisory market will thrive as rich Baby Boomers retire, says BlackRock as a European royal family offers almost $500 million for Crestone.
- Aleks Vickovich
October 2021
- Investigation
- Pandora Papers
Banking leak opens Pandora’s box of offshore accounts
More than 400 Australians have been named in a huge exposure of companies and financial institutions that has revealed secret investments and real estate deals.
- Neil Chenoweth and Liam Walsh
June 2021
‘Turbocharged’ unlisted property funds at risk
Experts warn that inexperienced managers are offering high yields but taking on too much leverage.
- Duncan Hughes
February 2021
The rich shift focus to family offices, estate planning in 2021
High net worth individuals and families are increasingly establishing family offices to have a structure in place to manage their assets over multiple generations.
- Edmund Tadros
December 2020
- Exclusive
- Wealth Generation
How SurfStitch's 'wild ride' inspired a luxury car fund
Lex Pedersen's Chrome Temple Investments has raised $5 million from wholesale investors to launch what it claims is Australia's "first luxury car fund".
- Aleks Vickovich
The art (and volatility) of collectable investing
Wealthy investors around the world allocate 5 per cent of their portfolios to "passion" investments like fine art, wine and jewellery. Should you follow the trend?
- Aleks Vickovich
November 2020
Something ventured, something gained for high-flying VC investors
Australia's venture capital scene is growing fast but still has a long way to go to compete with trailblazers in other parts of the world such as Silicon Valley.
- Duncan Hughes
October 2020
Australia's richest property tycoons – and where they live
Almost a quarter of Australia's richest 200 people built their fortune through property – and now they live in mansions on large blocks with water views.
- Elizabeth Redman
Inside Mike Cannon-Brookes' $240m+ property portfolio
The co-founder of software giant Atlassian has amassed probably the country’s largest collection of private homes, weekenders and farms for his personal use.
- Lucy Macken
'Put me where I can't get sick': pandemic drives boom in island sales
The coronavirus has turned the niche, ultra-rich world of island commerce on its head, as brokers experience a flood of inquiries.
- Heather Murphy
May 2020
Gina Rinehart tops Rich List in pandemic shakeout
A new wealthiest Australian is only the start of how COVID-19 has reshaped the Financial Review Rich List.
- Michael Bailey and Julie-anne Sprague
April 2020
UK: Cruddy weather, cruddier tax for milk king
A $35 million share dump from The a2 Milk Company’s London penthouse-owning chairman David Hearn has certainly put the cat among the pigeons.
- Liam Walsh
November 2019
Meet the refugee eyeing a $1b float
Four decades after fleeing his homeland, Van Thanh Luong may now be Australia’s most successful Vietnamese refugee businessperson. We tell his story for the first time.
- Greg Earl
September 2019
How I teach the super rich to enjoy their money
It is not just worrying about being fleeced, but the lack of structure in the lives of the preposterously well-off that can make them unhappy - particularly those who have inherited their wealth, according to this adviser to the over $100 million club.
- Camilla Tominey
March 2019
Why Mark Wahlberg snapped up a stake in F45
The Hollywood star might be known for his adventurous roles, but when it comes to investments Wahlberg describes himself as a conservative, hands-on investor.
- Luke Housego