Featured
Rich Lister Terry Snow steps away from the cockpit
At 79, the Canberra property dynamo behind Canberra Airport is finally stepping down from active roles. His son Tom will now chair the airport board.
- 29 mins ago
- Nick Lenaghan
- Exclusive
- Rich Listers
AI reshapes Rich Lister business but not their fortunes yet
Rich Listers are using AI to overhaul graphic design, advance healthcare and improve cybersecurity, but few are investing personally.
- Yolanda Redrup and Michael Bailey
What Rich Listers think about money – and what they teach their kids
Nine of Australia’s wealthiest people reflect on their journey with money and whether material success leads to a rich life.
- Michael Bailey, Lauren Sams and Yolanda Redrup
- No. 38
- Rich Listers
Why Shakespeare matters to Rich Lister Katie Page
“We all quote Shakespeare all the time, whether we know it or not.” The Harvey Norman CEO – and Rich Lister – has a lifelong love for The Bard.
- Michael Bailey
- Opinion
- Opinion
How the Rich List is dodging real-life Succession dramas
As some of its icons are farewelled, a new generation is taking the reins. So far, Australia’s business landscape has remained relatively stoush-free.
- James Thomson
Yesterday
Inside the great Rich List wealth transfer
Control of vast business empires is passing to a new generation, forcing families to confront the hard questions around succession planning. Of the 200 richest Australians, 45 are over 80 and control $136.1 billion.
- Yolanda Redrup
This Month
Behind Ian Malouf’s $50m bet on umbilical cords
The Dial-A-Dump founder has shrugged off doubts about stem cell therapy and is investing heavily to get the treatments more widely approved.
- Michael Bailey
Rich Lister down $160m as Eagers shares crash on profit warning
Australia’s biggest car dealership group warned of a June-half profit drop as household cost-of-living pressures rise.
- Simon Evans
- Exclusive
- Income tax
ATO freezes former Young Rich Lister’s muscle cars, mansion
The flamboyant accountant Steve Di Petta, who has a penchant for Ford Mustangs, is facing allegations he and his wife owe the Tax Office over $3 million.
- Max Mason
How a uni dropout went from Maccas to building a $100m company
Mark Woodland was expanding his education start-up before realising he’d overlooked a critical component for its success and he had to fix it.
- Julie-anne Sprague
- Exclusive
- Tourism
On Hamilton, a family dynasty bets there’s more money in islands
After showing potential buyers around last year, Sandy Oatley and his family are instead developing a new resort as they double down on the island.
- Primrose Riordan
Prezzee co-founder quits Shaun Bonett-owned gift card company
Claire Morris is leaving the group, and resigning as its brand ambassador. It follows a string of senior executive departures in the last 18 months.
- Primrose Riordan
- Investigation
- Rich Listers
For this Rich Lister, does the reality live up to the hype?
Property mogul and entrepreneur Shaun Bonett has a fortune of more than $2 billion, according to the Rich List. Those valuations might not live up to the hype.
- Primrose Riordan and Nick Bonyhady
- Exclusive
- Online gambling
Gambling mogul lists superyacht at $10m, starts retailing supercars
A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.
- Primrose Riordan
This former Young Rich Lister just spent $700k to alter his genes
Nick Bell’s first business failed, his next made him millions. The serial entrepreneur’s latest business venture involves helping people live longer.
- Julie-anne Sprague
April
The homeschooled billionaire who built a fortune before turning 40
Shaun Bonett was the country’s richest person under 40 in 2007. Now a billionaire, he shares his story, including a humiliating $25 million mistake.
- Julie-anne Sprague
- Exclusive
- Private banking
Goldman eyes local banking licence to grow ultrarich lending business
The Wall Street investment banking giant has made no secret of its desire to expand its private wealth division. There are limits on what it can do.
- Primrose Riordan
$650 for RM’s? ‘People want handcrafted,’ says Nicola Forrest
Nicola Forrest says people are tiring of throwaway fast fashion as the iconic company she co-owns lifts capacity to tap into a fast-growing market for women’s boots.
- Simon Evans
Forrests’ $10b philanthropic foundation to cut 100 jobs
Andrew and Nicola Forrest’s Minderoo Foundation will shed about a third of its workforce in an overhaul aimed at making better use of its iron ore endowment.
- Brad Thompson
This Rich Lister sees a wave of distressed wine sales coming
The MD of Casella Family Brands, owner of Australia’s biggest-selling wine export brand Yellow Tail, says the under $10 per bottle segment is still shrinking.
- Simon Evans
Cettire shares slide 16pc on Bell Potter downgrade
The company’s house broker said the luxury marketplace would continue to outperform peers, but it would be harder for it to generate high growth.
- Updated
- Carrie LaFrenz and Jonathan Shapiro
March
Chemist Warehouse sales, profit surge ahead of ASX debut
Regulatory approval from the ACCC stands in the way of a combined Chemist Warehouse and Sigma, which have revealed robust financials before their merger.
- Updated
- Carrie LaFrenz and Jemima Whyte
Clive Palmer reaps $447m in royalties from Chinese adversaries
Rich Lister Clive Palmer says he is confident of success with massive damages claim against the federal and WA governments, and will stand his ground in a separate legal dispute with one of China’s biggest conglomerates.
- Updated
- Brad Thompson
How this billionaire is making his staff rich
The recent surge in WiseTech’s share price means Richard White isn’t the only one making money. Staff are sitting on a $320 million fortune.
- Yolanda Redrup
Rinehart blames Hancock pay gap on ‘helping women’ into mining
A 22 per cent gender pay gap at Hancock, versus a 15 per cent for all miners, is the temporary result of getting more women into the industry, Gina Rinehart says.
- Michael Bailey and Yolanda Redrup
