Yesterday
HESTA says WiseTech’s new director ‘falls short’ of expectations
The industry superannuation major is concerned that the logistics software giant has appointed its former chairman as lead independent director.
March
Billionaires take the court to decide future of the NBL
Jared Novelly’s team came out on top in the latest round of his fight against basketball league owner Larry Kestelman.
White hadn’t seen damning WiseTech review: lawyers
Clayton Utz says the WiseTech founder did not receive the full board review into his conduct and was not provided the opportunity to respond to the partial findings released on the ASX.
Super giants demand WiseTech overhaul after damning White review
A board review found the software company’s billionaire co-founder had misled the board and made incomplete disclosures about his relationship with an employee.
ASIC calls in former WiseTech directors to provide evidence
ASIC has begun interview four former WiseTech directors who resigned from the board over a dispute with founder Richard White.
Tesla tanks, X is hacked. Is Musk minding his own businesses?
Questions about the billionaire’s continuing oversight of his companies are coming to a head as he spends more time in Washington on DOGE.
Biggest losers from Trump slump are the billionaires who backed him
Companies owned by the moguls lining up to support the US president have lost $US1.43 trillion in market value since his inauguration.
Australia’s 75 richest women now control a record $179b
Tech, mining and a booming beauty sector helped fuel a 19 per cent surge in fortunes in the past year, as 11 new faces made the list.
Richard White’s accuser secures assistance of Anti-Slavery Australia
The woman who has accused WiseTech Global’s chairman of providing her with a visa in return for sex has been assisted by lawyers at the specialist legal centre.
This CEO earned $1.6b last year, his deputy got almost $400m
Blackstone’s Steve Schwarzman took home about 11.5 per cent more than what he did in 2023 because of his $US916 million in dividends.
February
WiseTech’s billionaire founder sells $200m in shares in two months
Richard White offloaded the stock in the midst of turmoil at the company which ultimately led to the exit of four independent directors earlier this week.
‘I am WiseTech’: How Richard White regained control of his company
On one side was a group of independent directors with their reputations on the line. On the other, a powerful founder with everything to lose.
The billionaire, his lawyer wife – and the secrets of their explosive relationship
Richard White says he would “take a bullet” for his wife but many of the billionaire’s long-time friends are unhappy about the marriage and the couple’s volatile history.
Buffett’s Berkshire earns $23b in three months, defends cash hoard
The billionaire’s cash hoard grew to a record $US334.2 billion at the end of 2024, as he continued to refrain from major stock transactions.
Buffett, ever so quietly, takes aim at Trump (and dividends)
The billionaire’s annual letter to shareholders praised saving and attacked dividends as usual, but it also contained plenty of advice for the US president.
The Murdochs go to war – through the media
Rupert and Lachlan have failed, for now, to take control of the family trust. But that outcome is by no means the end to hostilities between the media scions.
‘I’ve been too trusting’: Richard White responds to new allegations
The software giant said last year that its founder would enter into a decade-long consulting arrangement. Four months later, they still don’t have a deal.
Bill Ackman takes $3.6 billion stake in Uber
Ride-hailing group is ‘one of the best managed and highest quality businesses in the world’, activist investor says.
January
Trump’s vengeance hits former staffers, allies
Donald Trump has opened his enemies to attack by removing their government security protection; Melbourne drinking bout leads to pay cut for JAL executives. Follow updates here.
Musk praises ‘German values’ at far-right rally
The tech billionaire made a surprise appearance during an AfD rally, speaking in support of the far-right party for the second time in as many weeks.