Sam Arnaout bought his first property at 17 and hasn’t stopped buying them since, but it’s three big “place-making” projects that put him on the radar of the Financial Review Rich List, where the former panel beater has debuted with a $1.89 billion fortune.
The son of refugees from Lebanon’s civil war, who grew up in gritty Greenacre in Sydney’s west, Arnaout has emerged from obscurity in recent years.
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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
