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How the Rich Invest: Alex Waislitz owns the hottest tech stock on the ASX

The Australian Financial Review looks at how the wealthy are making money for our column, How the rich invest.

Billionaire investor Alex Waislitz holds the hottest stock in the All Ordinaries Index, which has given his latest listed investment firm a good start.

Thorney Technologies, which raised $42 million from investors and launched in January, is a major shareholder in Perth firm Updater, a company that offers services to help people update their details when they move house.

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John Stensholt is a former editor of the BRW Rich 200 and Young Rich Lists.

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    Original URL: https://www.afr.com/technology/how-the-rich-invest-alex-waislitz-owns-the-hottest-tech-stock-on-the-asx-20170815-gxwn51