Rich List 2024
Featured
Rich Lister’s ‘billion dollar’ company faces $79m loss
Shaun Bonett bought into Prezzee in 2015 and has slowly increased his control over the business. New figures reveal it lost $79 million in the 18 months to December 31.
- Primrose Riordan
The day everything changed for Young Rich Lister Tash Oakley
For the 33-year-old who made her millions in swimsuits and Pilates, her business was literally her body, then suddenly it simply couldn’t take it any more.
- Lucy Dean
- Analysis
- Analysis
Why Cannon-Brookes, Farquhar are down $15b in just two months
Concerns about Atlassian’s cloud growth rate have triggered a share sell-off, which has wiped a combined $15.4 billion off the valuations of its co-founders.
- Yolanda Redrup
The Rich Lister who avoids risk at all costs
Richard White wanted to be a rock ‘n’ roll star. He ended up developing software for companies in logistics and is now the 11th wealthiest person in Australia.
- Julie-anne Sprague
This Rich Listers’ daughter is forging her own path in business
Georgia Geminder launched her own toothpaste at the start of 2020 after three years of research. Now she has found a new “boring” category to transform.
- Yolanda Redrup
This Month
Shaun Bonett’s Prezzee has a costly run-in with Amazon
The gift card payments group controlled by the billionaire has had to stop selling the popular vouchers in the US, undermining a key revenue stream.
- Primrose Riordan
Can’t find the boat you want? For $2.3m, Sam will help you build it
Property development isn’t always a 9 to 5 job, Sam Beck says, so he created a hobby business custom-building multimillion-dollar catamarans.
- Updated
- Yolanda Redrup
Rich Lister Geminder plans board shake-up if Pact bid falls short
Raphael Geminder may need to wait until June next year to try to delist the underperforming Pact Group, as his takeover bid closes after 13 extensions in nine months.
- Simon Evans
- Exclusive
- Gambling
Laurence Escalante’s Virtual Gaming Worlds delivers monster dividend
The record payout for shareholders comes despite increasing legal scrutiny of the company’s business and its popular Chumba Casino and Luckyland Slots.
- Primrose Riordan
Boost for Afterpay as Block drops plans for Cash App in Australia
Afterpay Plus will make buy now, pay later more ubiquitous, says Nick Molnar, in his first public comments on the growth strategy in Australia post-acquisition.
- James Eyers
May
- Breaking
- Online gambling
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
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
- Exclusive
- Rich Listers
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
- No.107
- Rich Listers
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)
Rich List co-editor Yolanda Redrup explains how we do the valuations that determine who makes the cut.
- Updated
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
- No. 176
- Construction
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
- Exclusive
- Rich Listers
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
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
- 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
- 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
