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Young Rich List wealth almost doubles to $41.2b

Young Rich List wealth almost doubles to $41.2b

Finder co-founder Fred Schebesta (no. 22), Envato co-founder Cyan Ta'eed (no.4), and Soar Aviation founder Neel Khokhani (no.51) are among the 2019 cohort of our annual Young Rich List. 

Oh, to be young and loaded. The Financial Review Young Rich List has been tracking Australians in this enviable position now for 16 years, and we can inform you that our young entrepreneurs, executives, entertainers and sportspeople are worth more than ever.

The 100 wealthiest Australians aged 40 and under in 2019 have a collective $41.2 billion, on paper at least. That’s nearly double 2018’s $23.5 billion total, reflecting markets that have remained resilient in the face of trade wars and construction crises. At least until the first week of September 2019, when this list was ruled off.

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Michael Bailey
Michael BaileyArts & Culture editorMichael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au

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Original URL: https://www.afr.com/wealth/people/revealed-top-10-richest-under-41-20191024-p533s4