The Billabong founder who picked up her swag

By Emily Ross

May 20, 2004 – 10.00am

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The co-founder of the surfwear empire has no bitterness or regrets about the way she left - and does not miss a place on the Rich 200.

Rena Merchant, co-founder of the $1.5-billion Billabong surfwear empire, lives in a large

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