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The billionaire who is happy to pay more tax than he should

Julie-anne Sprague
Julie-anne SpragueRich List editor

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Grant Petty doesn’t play by traditional business rules.

He mocks human resources departments who love to use psychometric testing. His accountants pull their hair out because he insists on paying more tax than he should. And, people probably thought that he was “pyscho” in the early days of building Blackmagic Design, a video equipment and software company that’s become so successful it made him a billionaire this year.

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Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com

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    Original URL: https://www.afr.com/wealth/people/the-billionaire-slamming-australia-s-obsession-with-property-20220713-p5b1af