Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
  • Advertisement
    Wealth

    Rich List

    Rich List 2024

    Featured

    Stake.com founders Bijan Tehrani and Edward Craven.

    Stake.com billionaires buy more of local bookie Pointsbet

    Ed Craven and Bijan Tehrani first bought shares in December through their fast-growing company EasyGo Gaming.

    • Zoe Samios
    Mike Cannon Brookes, Richard White and Nicola Forrest are among the Rich Listers tied to listed companies.

    How to invest like a Rich Lister and beat the market

    There are 37 listed stocks linked to Rich List members, and their ability to deliver above-market returns is impressive. 

    • Updated
    • James Thomson
    Financial Review Rich List: Australia’s wealthiest people in 2024.

    Australia’s wealthiest 200 now control $625b

    Technology is back, resources rode a roller coaster and property growth returned, giving Australia’s Rich Listers an 11pc boost to their total fortune.

    • Updated
    • Yolanda Redrup and Michael Bailey

    From refugee to Rich Lister: the incredible journey of Charlie Shahin

    Shahin was born in Lebanon where his family, as Palestinian refugees, couldn’t own land. Now he has bought a million-acre NT cattle station.

    • Updated
    • Larry Schlesinger
    How we report the Rich List (and why so many don't want to be on it)
    2:02

    How we report the Rich List (and why so many don't want to be on it)

    Rich List co-editor Yolanda Redrup explains how we do the valuations that determine who makes the cut.

    • Updated
    Advertisement

    May

    Rich Listers Sam Hupert (pictured) and Anthony Hall’s Pro Medicus has become one of the most highly valued companies on the ASX with a PE multiple of 169.

    The ASX business so good ‘you can’t put a sell on it’

    Analysts say Pro Medicus is one of the world’s most expensive stocks, but also one of the best.

    • Yolanda Redrup

    ‘Biggest challenge by a mile’: why developers can’t build homes people can afford

    Developers Tim Gurner, Sam Tarascio and Maha Sinnathamby have kept their places on this year’s Rich List amid a housing crisis. This is how they did it.

    • Nick Lenaghan

    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.

    • Robert Harley
    More than half of the debutants on the 2024 Rich List are already billionaires.

    More than half the 11 new Rich Listers are already billionaires

    Two cryptocurrency giants, an under-the-radar mattress mogul, a former mechanic and an ex-NRL player are among 17 new and returning faces on this year’s Rich List.

    • Yolanda Redrup and Michael Bailey

    Rich Lister Wes Maas’ three rules for business decisions

    The former NRL player has built a billion-dollar company through hard work and diversification.

    • Yolanda Redrup
    Advertisement

    How the Turner women are creating a legacy beyond Flight Centre

    Graham Turner may have turned Flight Centre into a household name, but wife Jude and daughter Jo have a different approach to business.

    • Yolanda Redrup

    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
    Grant Petty, founder of Blackmagic Designs, cautions that AI is not new, and is currently at the top of a hype cycle.

    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

    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
    How have most of our richest managed to avoid the fate of the Roy family in the hit TV drama Succession? Good planning has been key.

    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

    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
    Ian Malouf aboard his 241-foot superyacht, Coral Ocean, docked at Monaco’s Port Hercules.

    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
    Nick Politis owns 27.3 per cent of Eagers Automotive, Australia’s largest new car dealership group.

    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
     The Di Petta’s collection of Ford Mustang muscle cars, such as these examples pictured, were frozen by the court.

    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
    Advertisement

    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
    Claire Morris founded Prezzee with Matt Hoggett.

    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

    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
    Laurence Escalante on one of his boats in Perth.

    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