Yesterday
The education method that’s made this family millions
When Charles and Colette Assaf bought a Montessori childcare business in 2000, the IT entrepreneur never expected it would become his family’s future.
- Yolanda Redrup
June
Forrests’ beachfront hotel plan dumped by council
Plans by billionaires Andrew and Nicola Forrest for a boutique four-storey hotel near the beachside home they once shared have been rejected by a local council.
- Brad Thompson
Collapsed Dion Lee owes $20m to Levis family’s Cue
An entity linked to Cue extended $20.3 million in working capital and funding since January 2022, making it Dion Lee’s number one creditor ahead of the Commonwealth Bank.
- Vesna Poljak and Carrie LaFrenz
Why parents are forking out $40k for their kids to live on campus
Residential colleges used to be the preserve of country boarders and blue-blood families, but there’s a growing trend among parents who want their kids to have the kind of university experience they had.
- Michelle Bowes
Nine tips for creating a successful family dynasty
Most dreams of creating a family dynasty are dashed within decades but a solid succession plan can save money and grief.
- Duncan Hughes
May
How the Turner women are creating a legacy beyond Flight Centre
Graham Turner may have turned Flight Centre into a household name, but wife Jude and daughter Jo have a different approach to business.
- Yolanda Redrup
What Rich Listers think about money – and what they teach their kids
Nine of Australia’s wealthiest people reflect on their journey with money and whether material success leads to a rich life.
- Michael Bailey, Lauren Sams and Yolanda Redrup
Inside the great Rich List wealth transfer
Control of vast business empires is passing to a new generation, forcing families to confront the hard questions around succession planning. Of the 200 richest Australians, 45 are over 80 and control $136.1 billion.
- Yolanda Redrup
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.
- Michelle Bowes
From Sali to Bastas – billionaires’ adviser Adam Gregory jumps ship
Gregory’s remit will be to assist with capital planning and hunting down acquisition opportunities at DBG, which also includes other businesses like VidaCorp.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Online gambling
Gambling mogul lists superyacht at $10m, starts retailing supercars
A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.
- Primrose Riordan
The Spanish family who netted $18.5b from a beauty IPO
Members of the Puig family, who made their fortune in perfume and cosmetics, are billions of dollars richer after Europe’s biggest listing this year.
- Ben Stupples and Clara Hernanz Lizarraga
April
- Exclusive
- Private banking
Goldman eyes local banking licence to grow ultrarich lending business
The Wall Street investment banking giant has made no secret of its desire to expand its private wealth division. There are limits on what it can do.
- Primrose Riordan
Labor ‘hot mess’ financial advice laws will drive up costs
A group representing financial advisers, stockbrokers, accountants superannuation trustees and investors said Stephen Jones proposals will drive up costs.
- Ronald Mizen
March
She made $600m selling fish oil. Now Jina Chen wants her company back
One of the country’s wealthiest immigrant families has pitted itself against investment funds controlled by Beijing in a fight over the future of Nature’s Care.
- Aaron Patrick
February
The sum you need to make it into the top 1pc in Australia
Joining the top 1 per cent of wealthy Australians became easier last year as the country’s rich were hit with a weaker Aussie dollar and slowing economic growth.
- Primrose Riordan
Sisters take on extended family to win $13.5m inheritance dispute
A sharp rise in blended families is creating complex legal issues, particularly for inheritance claims.
- Duncan Hughes
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
In his latest letter to shareholders, the legendary investor says there are only a handful of companies capable of moving the needle at Berkshire.
- Eric Platt
Where did all the billionaire families go?
Wealthy families’ assets usually dissipate over generations, not because they choose bad investments but because they concentrate their risk.
- Victor Haghani and James White
December 2023
- Exclusive
- Private schools
‘Unimaginable’: Newington mum speaks out against co-ed plan
A decision to admit girls to 160-year-old private boys’ school Newington College in Sydney has been a lightning rod for the broader community.
- Samantha Hutchinson