The value of companies on the All Tech Index is set to swell by more than $40 billion when it goes through its second rebalance, with eight new companies set to join the index.
The huge growth in value has been driven by the biggest companies on the index, with the likes of Afterpay, WiseTech and Xero all recording strong growth in the last three months.
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Yolanda Redrup is the 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