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Nation’s richest boss ‘can’t find anything to invest in’ but WiseTech

Nation’s richest boss ‘can’t find anything to invest in’ but WiseTech

This year’s list is stacked with tech founders such as Richard White – and shows how divorces can force bosses down the ranks.

Patrick Durkin and Sally Patten
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The fortune of software billionaire and WiseTech Global chief executive Richard White has jumped 25 per cent to $13 billion – $4 billion ahead of his nearest rivals; Reece executive director Alan Wilson, and Andrew Forrest, after his wealth more than halved following his separation from wife Nicola Forrest.

This year’s Rich Bosses list is stacked with tech founders and executives who occupy nine of the top 20 positions, compared to one – co-founder of online recruiter Seek, Andrew Bassat – a decade ago.

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Patrick Durkin
Patrick DurkinBOSS Deputy editorPatrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
Sally Patten
Sally PattenBOSS editorSally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com

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Original URL: https://www.afr.com/work-and-careers/leaders/wisetech-ceo-rules-as-rich-bosses-rebound-from-tech-wreck-20240701-p5jq34