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Rich women

March

Seven women who just missed the cut in this year’s Rich List

The cut-off for this year’s Financial Review Rich Women List surged by 53 per cent, meaning many high-flyers fell just outside the top 75.

Victoria Denholm, Wollemi Capital Group.

Meet the women controlling the wealth of Australia’s richest families

Family offices in Australia have traditionally been run by men but as wealth shifts to the next generation and tech fortunes change the game, more women are taking the reins.

Gina Rinehart, Heloise Pratt and Jo Horgan are among the 75 richest women in Australia.

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.

February

All smiles: Rich Lister Dennis Bastas with Shelley Sullivan, who built MCo Beauty to a billion-dollar “unicorn” company.

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.

November 2024

UBS sees a big opportunity in the growing number of wealthy women in Australia.

Rich women top UBS wish list as it targets $46b in Australia

The bank is returning to wealth management Down Under after it exited almost a decade ago, tapping the Credit Suisse franchise it bought to make a renewed charge.

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July 2024

Carol Schwartz, Reserve Bank director and Trawalla Foundation chair, is advising the She Gives campaign to lift female philanthropy.

Women called on to make nation more generous

Total charitable giving in Australia is just 0.81 per cent of GDP, compared to 2.1 per cent in the US, and a new campaign is targeting women to turn it around.

May 2024

Rich Listers Cyan and Collis Ta’eed have sold the company they founded Envato.

Rich Listers sell tech firm Envato for $375m

It was once valued at more than $1 billion, but Cyan and Collis Ta’eed have sold their digital assets marketplace to New York-listed Shutterstock.

March 2024

Maria Lykouras, CEO of JBWere.

Women overwhelming winners in $5trn Baby Boomer wealth transfer

Women will receive 65 per cent of the nearly $5 trillion due to pass from Baby Boomers and their parents to the next generation in the next decade, a new report finds.

Gina Rinehart says the 22 per cent gender pay gap at her Hancock Prospecting is the temporary result of helping women enter the mining industry.

Rinehart blames Hancock pay gap on ‘helping women’ into mining

A 22 per cent gender pay gap at Hancock, versus a 15 per cent for all miners, is the temporary result of getting more women into the industry, Gina Rinehart says.

Australia’s 75 richest women now control more than $151b

The wealth of Australia’s richest 75 women soared by 30 per cent over the past year, as entrepreneurs in resources, tech, property and fashion enjoyed the fruits of a resurgent market.

From left: Verity Tuck, Kristy Chong, Ada Guan, Shelley Sullivan, Anna Lahey.

Meet the next wave of self-made women

A group of emerging female founders are positioned to grow their wealth substantially in the next decade.

January 2024

Megan Wynne’s net worth has tumbled due to a tight labour market and an overhaul of the national employment services system.

Megan Wynne’s wealth shrinks as APM crumbles

Shares in the Perth entrepreneur’s international employment services group, APM, lost nearly half of their value in one day.

Denise Coates is the richest self-made British woman.

Bet365 boss Coates gets pay lift to near $420m despite loss

The 3.4 per cent pay increase for the UK’s richest woman came even after the betting group swung to a loss in its latest financial year.

September 2023

Carolyn Creswell’s secret weapon is vanilla.

The checkout chick who created a $170m empire

Carolyn Creswell’s company dominates the supermarket shelves. But it didn’t start that way. In the early days, she had to come up clever ways to get ahead.

August 2023

Melior Investment Management chief executive Lucy Steed with Alberts executive directors Kirsty Albert and Ingrid Albert want companies to be more focused on gender diversity.

Albert family office gets loud in push for gender equality

The family behind AC/DC’s music label has spent years trying to stay under the radar. Now, they are using their name and capital to publicly champion gender equality.

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Melania Trump has not appeared on the campaign trail.

Melania Trump’s very private life

The former first lady has not responded to her husband’s invitations to appear on the campaign trail, and remains silent about his increasing legal peril.

July 2023

Inside the unravelling of Perth’s worst-kept secret

This week in The Fin podcast, resources reporter Peter Ker on the split in the Forrest empire, how it came to light and what it means for the iron ore giant and its green energy plans.

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.

April 2023

Why Tania Austin wouldn’t retire, even after pocketing $50m

She’s one of Australia’s most successful and most wealthy retailers. But what really excites the Decjuba founder is her ambition to change millions of lives.

March 2023

Imelda Roche

Rich women a social revolution worth celebrating

Nobody can question the benefits of Australian women’s expanded role in the market economy. But there is a legitimate debate to be had about the extent to which taxpayers should underwrite a woman’s rightful place in the workforce.

Original URL: https://www.afr.com/topic/rich-women-hwz