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

    Rich List

    Rich List 2024

    Featured

    Gabriel Jakob in his office in Sydney.

    This immigrant quietly made $550m. He has tips for making $1b

    Gabriel Jakob is one of the most successful Australian entrepreneurs you’ve probably never heard of. Now he’s telling his story, but not posing for a full photo.

    • Yolanda Redrup
    Brad Pillinger is one of the country’s top real estate agents.

    From dropping pamphlets to selling $85m homes

    His father was the first person in Australia to sell a house for $1 million. Brad Pillinger reflects on 30 years selling the country’s most expensive homes.

    • Yolanda Redrup
    Sam Kroonenburg shares his story on the How I Made It podcast.

    The one thing this Rich Lister says every founder needs to remember

    Sam Kroonenburg built a company from his bedroom, with him and his brother Ryan both making about $500 million. But Sam, 40, is doing what he can to avoid the trappings of wealth.

    • Julie-anne Sprague
    Terry Snow grew up in Canberra and took pride in developing the national capital.

    Vale Terry Snow, legendary property developer with a generous heart

    The hard-headed businessman, responsible for much of modern Canberra, was also a soft-hearted philanthropist who loved equestrian horses and the arts.

    • Michael Bailey
    The Warwick brothers’ blockchain-based game Illuvium is launching on Thursday.

    Inside the $26b journey of this Young Rich Lister’s crypto game

    The Warwick brothers’ blockchain-based game Illuvium has finally launched, marking a new chapter in the wild ride of their billion-dollar company.

    • Yolanda Redrup
    Advertisement

    July

    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
    Tan Kueh worked at Macquarie and BlackRock before joining Grok Ventures as its chief executive earlier this year.

    Grok Ventures boss woos wealthy families for Sun Cable

    The chief executive of Mike Cannon-Brookes’ private vehicle is plotting a pivot – opening it up to outside investors.

    • Primrose Riordan
    Perth’s Laurence Escalante who built Virtual Gaming Worlds into a multibillion-dollar business.

    Perth billionaire Escalante battles copycats and hostile letters in US

    The businessman created a lucrative gambling market stateside from scratch. Now competition and regulation may force the company to change tack.

    • Primrose Riordan

    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
    Advertisement

    June

    There are more varieties of digital coins than any investor could care to count.

    CoinSpot’s billionaire owner grabs huge dividend payout

    But the company, one of the country’s largest cryptocurrency exchanges, has reported a near 75 per cent slide in profit in the last financial year.

    • Primrose Riordan
    Shaun Bonett is the Rich Lister who controls Prezzee, a gift card provider.

    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
     Tash Oakley at Ursula’s in Paddington.

    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
    Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar are still bullish on Atlassian’s outlook

    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
    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
    Georgia Geminder is carving her own path in business with Gem Oral Care.

    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
    Amazon gift cards in the United States are no longer available on the Prezzee platform.

    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
    The first boat in production by Sam Beck’s KARVE Marine.

    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
    Raphael Geminder and wife Fiona  at the 2023 Melbourne Cub.

    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
    Laurence Escalante is the founder of Virtual Gaming Worlds.

    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
    Advertisement
    Afterpay co-founder Nick Molnar in Sydney on Tuesday.

    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

    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