Radek Sali is leaving no stone unturned searching for his next "Project Gold", the turnaround strategy that led to a huge payday from the $1.67 billion sale of his Swisse vitamins company last year.

Sali, a member of the Financial Review Rich List, has formed his own investment firm Light Warrior, to invest his proceeds of about $400 million from the Swisse sale to Hong-Kong based Health and Happiness International (formerly Biostime) in a two-stage buyout.