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The Australian Financial Review Magazine

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Australia’s wealthiest 200 revealed, fortunes blow past $667b

Despite the odd tumble, the wealthiest Australians are pulling away from the rest of the Rich 200 pack.

No dogs, cats or concrete driveways. How Allan Myers rules over Dunkeld

Allan Myers loves Dunkeld, the Victorian town where he grew up and large parts of which he now owns. But the locals are not in love with him.

The drover and the telephone operator who built a $1.4b fortune

Roger and Gail Fletcher defied prejudices to shake up an industry and build a billion-dollar family business off the land.

Victoria Denholm.

Victoria Denholm loves basketball so much, she bought the whole league

The Wollemi Capital Group chief executive said in year 6 that she wanted to own a team in the sport. Little did she know that one day, she would.

Matt Heine in his home gym. “Routine is essential. Making sure I find time to stay fit, enjoy downtime and, most importantly, get enough quality sleep is critical.”

From normal to nuts, the fitness habits of top entrepreneurs

Personal trainers aplenty, at-home Pilates studios and full-body scans put the “well” into wealthy.

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May

Monica Saunders-Weinberg and Betty Klimenko at their Sydney head office.

‘A lot of wealthy families have been broken up because of the money’

The bond shared by the daughters of Westfield’s John Saunders was not always a given, but it’s helped shaped the future of the new Terrace Tower Group.

Billionaire divorces are reshaping the rich list. Mike and Annie Cannon-Brookes

How to have a good divorce – when you have billions to bicker over

Divorce can be the biggest financial transaction in a person’s life. And it’s even bigger when they’re on the Rich List.

Nick Wakim: “I want to spend more time with my family and horses now. It doesn’t mean I’m shirking my responsibilities.”

This Rich List newcomer has lost everything – twice

Phoenix Lithium founder Nick Wakim is comfortable with risk. He’s lost it all before, and then made it again. But as he nears 60, his views have changed.

The top whisky you can buy without going on a waiting list

One of Australia’s oldest distilleries is releasing new $99 single malts and rare single-cask bottlings.

A train rolls through Manarola, Cinque Terre.

The luxury travel trend you probably haven’t considered

Train travel is nothing new. Maybe that’s why you should hop on board.

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Eleven Barrck, Sydney: Designers Pascale Gomes-McNabb and Chris Grinham have brought the massive height of the room down to a human scale by making it clubby and comfortable.

The restaurant that’s turning back the clock (in the best way)

The Bentley team hit the big time in one of Sydney’s most palatial dining rooms.

Mario’s meatballs from Carbone, topped with freshly grated Parmigiano-Reggiano, olive oil and a fried basil leaf.

‘Just like a Sunday roast’: How to make these world-famous meatballs

Here’s the secret recipe for a big-selling off-the-menu dish from Carbone in New York. We’re excited for you.

The watches that don’t lose value when you walk out of the store

New prices are up and pre-owned down, so what is your watch really worth in this topsy-turvy market?

The choices are pretty much exactly what you’d expect to find when you type in “party dress” to a search engine that doesn’t know you.

ChatGPT is coming for your shopping cart

Would you allow an AI assistant to pull together your wardrobe purchases?

Julie Bishop.

Bishop stares down critics: ‘I turn down many more roles than I take on’

Julie Bishop has built one of the most intriguing post-political careers this country has ever seen - and is generating almost as many headlines as before.

This restaurant has New York buzz. You’ll never guess where it is

Glossy, modernist and theatrical, Fugazzi is Adelaide’s beating heart of pasta, wine and good times.

The watch brands courting women with dazzling designs

Women wanting luxury timepieces are being romanced by whimsical dials and glittering embellishments.

Australia has a lot of philosophers, Berggruen notes. “Why? I don’t know. You’ve allowed elite universities to remain. You didn’t sacrifice more traditional teaching and learning.”

‘Australia seems incredibly sane compared to almost any place in the world’

Once known as the “homeless billionaire”, Nicolas Berggruen has been living in Sydney where he’s contemplating Australia’s position in a shifting world order.

Some of the cast of Candide during Opera Australia’s Sydney summer 2025 season.

The Australian industry nobody wants to run

The untold story of Fiona Allan’s abrupt departure as CEO of Opera Australia says everything about how perilous arts companies have become in 2025.

April

Paul Mescal at the Australian premiere of Gladiator II in October 2024 wearing a Cartier Baignoire.

Men are muscling in on women’s watches. Here’s why

The decorative individuality of feminine timepieces is winning an unexpected new audience.

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RM Williams board member and co-owner Nicola Forrest launching the $8 million factory expansion in Salisbury, Adelaide.

Philanthropy 50: Which Australians gave away the most?

The transfer of wealth to the next generation, plus some notable relationship break-ups, is putting more women in charge of giving.

Daniel Besen in the new wing of TarraWarra Museum of Art in Healesville, Victoria.

‘Quite emotional’: Rich Lister sees parents’ art legacy brought to life

The new Eva and Marc Besen Centre, says son Daniel, completes the circle on what his mum and dad wanted to achieve at their TarraWarra Museum.

Oraterra’s chief winemaker Wilco Lam is inspired by place and heritage.

The New Zealand wine that’ll change the way you drink pinot noir

As new custodians of an old site, winemaker Wilco Lam and his team are creating something special.

What do hotel awards really mean?

Baffled consumers may wonder how to glean any intelligence at all from such a soup of discrepancies and contradictions.

‘It heals me’: This MD has one surefire way to switch off

You have to be smart. You have to be patient. And you have to pay attention. Giorgio Linguanti is talking about fishing but it applies to his job as well.

Original URL: https://www.afr.com/afr-magazine