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    Wealth

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    This Month

    How exquisite timing and meditating shaped this Rich Lister’s fortune

    After deciding a career in law wasn’t for him, Kerry Harmanis turned to prospecting in WA. That decision led to the $3.1 billion sale of Jubilee Mines.

    • Julie-anne Sprague
    Young Rich Lister and founder of LMCT+ Adrian Portelli.

    They’re young, rich, and in the French Riviera

    Cashed-up, glamorous young Aussies have descended on Saint-Tropez and Monte Carlo, spending their time on superyachts and at $1500-plus per night hotels.

    • Yolanda Redrup

    Cars, boats and houses won’t make you happy, says this Rich Lister

    Property developer Paul Blackburne landed on the Rich List with an estimated $536 million fortune. There’s a success trap entrepreneurs need to be mindful of, he says.

    • Julie-anne Sprague

    June

    Newington College

    Newington College chairman clocks up 17 years (and counting)

    There is nothing so compelling as private school politics.

    • Updated
    • Myriam Robin
    An artist’s impression of the Forrest-backed plans for a boutique hotel at Cottesloe Beach in Perth.

    Forrests’ beachfront hotel plan dumped by council

    Plans by billionaires Andrew and Nicola Forrest for a boutique four-storey hotel near the beachside home they once shared have been rejected by a local council.

    • Brad Thompson
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    Charlie Aitken of Bell Potter.

    Charlie Aitken nominates Shane Watson for Royal Sydney

    The two-time Allan Border medallist, famous all-rounder and cricket gear entrepreneur is on the June nominations list, alongside wife Lee.

    • Myriam Robin
    WiseTech co-founder Richard White.

    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
    Steph Claire Smith went from ‘another coat hanger on the books’ to Young Rich Lister.

    A Young Rich Lister’s advice for founders wanting social media success

    How a back-of-the-napkin plan put fitness star Steph Claire Smith on the Young Rich List.

    • Julie-anne Sprague

    May

    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
    Gerry Harvey, Jack Cowin and John Van Lieshout have been on the Rich List for decades.

    Ageing Rich Listers approach wealth dispersal watershed

    Forty-five of the 200 Rich List entries, holding about $140 billion in wealth, are aged over 80.

    • The AFR View

    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
    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

    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

    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
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    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

    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