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More than half the 11 new Rich Listers are already billionaires

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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 Financial Review Rich List.

The cohort of debutants and returnees on the 2024 Rich List, out on Friday, made the cut despite this year’s $718 million wealth cut-off, a record. Six debutants have amassed sufficient wealth to be counted among the 150 billionaires on this year’s list.

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Yolanda Redrup is the co-editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au

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    Original URL: https://www.afr.com/rich-list/more-than-half-the-11-new-rich-listers-are-already-billionaires-20240521-p5jfdm