Today
Inside the fortune Kerry Stokes (quietly) made in China
The businessman is best known for his investments in television and newspapers. But a decades-long approach to backing the Asian powerhouse is paying dividends.
This Month
Laurence Escalante gets real deep on Instagram bender
From Below Deck to righteously correcting injustice to philosophy, the Rich Lister’s recent social media rant covered it all.
Billionaire furniture mogul’s $12m hinterland retreat smashes record
Rich Lister and founder of Super Amart John Van Lieshout has sold his luxury Sunshine Coast escape, almost doubling the local record.
Apartment prices in record jump to $19,000 per square metre
Australian housing is locked in a battle between affordability and viability of new projects and that means price tags have further to rise.
March
Property billionaire Nick Andrianakos dies in Greece
He came to Australia in 1967 and spent a decade working in various jobs, including for Richard Pratt’s Visy, before saving enough to buy his first petrol station.
Cannon-Brookes describes ‘deep internal conflict’ over his private jet
The billionaire Atlassian co-founder says he bought the Bombardier 7500 for security reasons and his flights have a “net negative carbon footprint”.
Billionaire Nicola Forrest appoints UBank boss to run family office
The country’s second-richest woman has been building up the charitable and investment sides of her family office, Coaxial Foundation and Coaxial Ventures.
Victor Smorgon’s star fundie eyes 50pc returns for new fund
The family office is so bullish on gold that it’s tasked Cameron Judd with launching a second strategy, which they expect to outperform its high-flying counterpart.
Forrest family powerbroker had alleged role in big Fortescue decisions
Evidence provided by the ASX-listed miner’s executives to a US court suggests John Hartman was deeply involved in plans to move into the US energy market.
Ellison-run garnet mine faces punishment over unsanctioned development
The Lucky Bay operations are already behind schedule, with WA officials finding six evaporation ponds were built without permission from authorities.
Accounts show billionaire Ed Craven’s private vehicle in revenue surge
The Stake.com co-founder’s Easygo Solutions also has hundreds of millions of dollars in cryptocurrency holdings, its financial statements show.
February
Cannon-Brookes sacked CFO for ‘very significant’ transfer to his wife
The couple separated almost two years ago, and are in the midst of a messy fight as they split some $24 billion of assets after a 13-year marriage.
Here’s why Chemist Warehouse is really worth $32b
As Chemist Warehouse celebrates the $32 billion marriage with Sigma, it’s clear how vital the retail chain’s culture will be to the deal. Here are the secrets of that culture.
Healthcare billionaire doubles seaside spread
Businessman Dennis Bastas and wife Georgina will add the disputed Mornington Peninsula site to the adjacent lot they purchased in 2021 for $7.1 million.
Billionaire Dennis Bastas has big plans to take MCoBeauty global
The businessman says the brand known for “duping” expensive popular products is the platform he needs to build a vast beauty empire.
Billionaire swoops on $1b MCoBeauty cosmetics empire
Shelley Sullivan’s cosmetics and skincare brand has stirred controversy, but she’s having the last laugh with a deal said to be worth $500 million.
January
Six decades on, Solomon Lew sets Myer a $5b goal
The retail veteran is banking on big things from a department store icon that has been part of his life for 61 years.
New Chemist Warehouse riches revealed: 53 investors worth over $50m
Exclusive analysis of the share registry has unveiled for the first time just how many millionaires its merger with Sigma will mint.
James Packer dines with Trump, Elon Musk
New social media photos show the Australian billionaire seated with Elon Musk and the new president at dinner in Mar-a-Lago.
Alex Waislitz and Tim Gurner feud over luxury St Kilda tower
The wealthy businessmen are at loggerheads over problems at the Saint Moritz development. Mr Waislitz says Mr Gurner is trying to silence residents.