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
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.
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. 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
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
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
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.
September 2022
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
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
‘Turbocharged’ unlisted property funds at risk
Experts warn that inexperienced managers are offering high yields but taking on too much leverage.
February 2021
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.
December 2020
How SurfStitch's 'wild ride' inspired a luxury car fund
Lex Pedersen's Chrome Temple Investments has raised $5 million from wholesale investors to launch what it claims is Australia's "first luxury car fund".
The art (and volatility) of collectable investing
Wealthy investors around the world allocate 5 per cent of their portfolios to "passion" investments like fine art, wine and jewellery. Should you follow the trend?
November 2020
Something ventured, something gained for high-flying VC investors
Australia's venture capital scene is growing fast but still has a long way to go to compete with trailblazers in other parts of the world such as Silicon Valley.
October 2020
Australia's richest property tycoons – and where they live
Almost a quarter of Australia's richest 200 people built their fortune through property – and now they live in mansions on large blocks with water views.
Inside Mike Cannon-Brookes' $240m+ property portfolio
The co-founder of software giant Atlassian has amassed probably the country’s largest collection of private homes, weekenders and farms for his personal use.
'Put me where I can't get sick': pandemic drives boom in island sales
The coronavirus has turned the niche, ultra-rich world of island commerce on its head, as brokers experience a flood of inquiries.
May 2020
Gina Rinehart tops Rich List in pandemic shakeout
A new wealthiest Australian is only the start of how COVID-19 has reshaped the Financial Review Rich List.
April 2020
UK: Cruddy weather, cruddier tax for milk king
A $35 million share dump from The a2 Milk Company’s London penthouse-owning chairman David Hearn has certainly put the cat among the pigeons.