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What Rich Listers think about money – and what they teach their kids

What Rich Listers think about money – and what they teach their kids

Nine of Australia’s wealthiest people reflect on their journey with money and whether material success leads to a rich life. From the upcoming Rich List issue out on May 31.

Michael Bailey, Lauren Sams and Yolanda Redrup
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The Financial Review Rich List has spent 41 years measuring money – but what if we took money’s measure? All those dollar signs, digits and commas certainly look impressive. But what do they mean to those whose names are attached to them?

At the Financial Review, we like to think that the Rich List fortunes we estimate and publish reflect the amount of risk-taking and hard work that has gone into achieving them. Most Rich Listers still work in the business that they founded or which delivered them their fortune. Eight of the top 10, for instance, continue to clock on.

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Michael Bailey
Michael BaileyRich List co-editorMichael Bailey writes on entrepreneurship and the arts. He is also responsible for the Financial Review's Rich Lists. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@afr.com
Lauren Sams
Lauren SamsFashion editorLauren Sams is the fashion editor, based in Sydney. She writes about lifestyle including the arts, entertainment, fashion and travel. Lauren has worked as a features editor and fashion journalist for ELLE, marie claire and more. Email Lauren at lauren.sams@afr.com
Yolanda Redrup
Yolanda RedrupRich List co-editorYolanda 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

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Original URL: https://www.afr.com/rich-list/what-rich-listers-think-about-money-and-what-they-teach-their-kids-20240509-p5ir0t