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How the rich invest

November 2025

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Australia’s $4trn wealth surge: Are you one of the 760,000?

A look inside the portfolios of the wealthiest investors reveals a structural shift toward private equity and credit.

Goodman Group chief executive Greg Goodman took a pay cut this year.

Goodman to avert second strike after billionaire boss takes a pay cut

Goodman has suffered five strikes – a vote of 25 per cent or more – against its remuneration report in less than a decade. The board says it’s listening.

October 2025

WA Pilbara is the source of the royalty riches at stake.

Gina Rinehart pockets $1.4b payout despite Hancock profit slide

Hancock Prospecting is controlled by Rinehart with her four children having a small stake via a trust. A dispute about the trust has frozen $6.4b of dividends.

September 2025

Alternative investments are growing in popularity

How the rich are using alternatives to future-proof their fortunes

As Australia becomes more exposed to global risks, the traditional twin pillars of wealth – real estate and equities – no longer feel sufficient on their own.

August 2025

Gina Rinehart has continued to pour millions into US-listed stocks.

Rinehart’s $5b US bet: The stocks she’s buying

Details of the billionaire’s latest buying blitz comes after one CEO claimed her focus had shifted to the US market.

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Alternative investments are growing in popularity

Rich people are flocking to this asset class. Should you?

A desire to buy innovative products and the prospect of high returns are key reasons high net worth people invest in alternatives. Where should you start?

May 2025

Gina Rinehart tips $4b into US shares – here’s what she’s buying

Australia’s richest person is going all in on the US, shrugging off concerns her political idol Donald Trump could spell disaster for the nation’s economy.

April 2025

Steve Gledden, managing partner at Straight Bat, at the MCG.

For one day a year this fund lets you invest like a family office

Limiting when you accept money seems a strange way for a fund to attract investment. But this private equity fund is also almost debt-free. What’s going on?

September 2024

The ultrarich are buying up big, and using shell companies to hide it

Across the country, the wealthy are increasingly creating schemes to shield real estate transactions from view. And with it, creating a whole new industry.

August 2024

Scott Galloway is a straight-talking professor of marketing at New York Stern University School of Business.

This wealth book has great advice – so why do I dislike it?

Scott Galloway is a superstar when it comes to wealth creation. The problem is, he knows it.

In Switzerland, about 4500 foreigners have individually negotiated tax arrangements with the state.

The global rich are moving in search of lower taxes

A record 128,000 millionaires are expected to relocate this year, the consequence of a global realignment of how the wealthy are taxed.

May 2024

There are 635,000 rich Australians, representing around 2.5 per cent of the total population.

There are 635,000 rich Australians. Are you one of them?

Once, being a millionaire made you wealthy. But the goal posts have shifted, and a two-storey house with in-ground pool doesn’t really cut it any more.

August 2023

Australia has fewer millionaires.

Why Australia has 20pc fewer millionaires

About 1.8 million Australians have a personal wealth valued above $1 million, but the number shrank in 2022 because of interest rates, market and currency hits.

June 2023

Jo Horgan with husband Peter Wetenhall, who put up his future salary to help secure a loan for Mecca.

Mecca revenues surge to more than $688m, new accounts show

The cosmetic giant’s owners, Jo Horgan and Peter Wetenhall, were paid $20 million in dividends in 2021, according to documents filed with the regulator.

February 2023

SpeeDx CEO Colin Denver with co-founders associate professor Alison Todd and Dr Elisa Mokany.  The molecular diagnostics innovator scoring funding from Andrew Forrest’s Tenmile and Platinum Asset Management’s international healthcare fund.

Forrest’s Tenmile backs start-up solving a looming healthcare crisis

The mining billionaire’s health tech fund has chipped in to the company’s $26 million round, along with Platinum International Healthcare Fund and Northpond Ventures.

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September 2022

The hotel has been sold by former Wallaby Bill Young and his family.

Rich Lister snaps up 195-year-old Wisemans Ferry Inn

Billionaire property tycoon Sam Arnaout has added the 195-year-old Wisemans Ferry Inn Hotel on the banks of the Hawkesbury River north-west of Sydney to his fast expanding hospitality empire.

December 2021

The Crestone-LGT deal shows “things are going well in Chifley Tower”.

More Crestones to come as private wealth firms soar

The high-net-worth advisory market will thrive as rich Baby Boomers retire, says BlackRock as a European royal family offers almost $500 million for Crestone.

October 2021

Banking leak opens Pandora’s box of offshore accounts

More than 400 Australians have been named in a huge exposure of companies and financial institutions that has revealed secret investments and real estate deals.

June 2021

Zenith says there are more than 600 unlisted property funds managing assets in excess of $20 billion.

‘Turbocharged’ unlisted property funds at risk

Experts warn that inexperienced managers are offering high yields but taking on too much leverage.

February 2021

Michael and Jacqui Clarke of Maxima Private

The rich shift focus to family offices, estate planning in 2021

High net worth individuals and families are increasingly establishing family offices to have a structure in place to manage their assets over multiple generations.

Original URL: https://www.afr.com/topic/how-the-rich-invest-1mrr