Ashik Ahmed, the 38 year-old co-founder of workforce management software maker Deputy, is set to debut in the Top 20 of the 2019 Financial Review Young Rich List, which is likely to be richer than ever thanks to elevated multiples on technology companies.
Deputy is nominally valued at $423 million, and Mr Ahmed's stake at $146 million, following a capital raising in November 2018, when the company issued 226,832 class B shares at $308.60 a share.
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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
