Young Rich 2024
Featured
Travel surge cements Young Rich Lister’s new billionaire status
Robert Chamberlain’s Huno Group enjoyed a 25 per cent jump in revenue to more than $232 million, while net profit hit $78.8 million.
- Yolanda Redrup
How these Young Rich Listers celebrated their own 21st birthdays
To mark the 21st anniversary of the list, we ask notable Young Rich Listers past and present what their lives were like at 21.
- Yolanda Redrup, Lauren Sams and Matthew Drummond
- Exclusive
- Entrepreneur
Australia’s richest people 40 and under break record
The Young Rich List, now in its 21st year, set a new high for total wealth of $41.7 billion in 2024, dominated by technology entrepreneurs and retailers.
- Yolanda Redrup
- Opinion
- The AFR View
Young Rich tells tale of Australia’s technology fortunes
For every Richard White there are many, many more up-and-coming entrepreneurs doing the right thing.
- The AFR View
The 10 richest young Australians revealed
The Young Rich List, now in its 21st year, has uncovered how the wealthiest Australians aged 40 and under are building their fortunes.
- Yolanda Redrup
Featured
How Jason Daniel went from ‘loose kid’ to the Young Rich List
The LSKD founder always pushed boundaries as he built his activewear company. Now he’s chasing a $1 billion target.
- Carrie LaFrenz
From Crazy John’s to Canva, here’s to 21 years of the Young Rich List
Created in the shadow of the dotcom bust, the Young Rich List has unearthed waves of our best entrepreneurs, and been witness to a few busts.
- James Thomson
Lucy Henry-Hicks knows what young women want
A debutant on this year’s Young Rich List, Henry-Hicks took a successful clothing business, tipped it on its head and created a whole new business in Dissh.
- Lauren Sams
How White Fox duo conquered tween fashion and made $200m
The fast fashion company, which makes oversized sweats and hoodies, is a hit with tweens around the world. Here’s how the Young Rich Lister founders did it.
- Carrie LaFrenz and Lauren Sams
The brothers making a fortune revolutionising healthcare with AI
Aengus and Dimitry Tran’s Harrison.ai wants to help 1 million people every day through its AI diagnostic technologies.
- Yolanda Redrup
October
‘The biggest divide in Australia is the intergenerational divide’
Amid the cost-of-living crisis and struggles to get on to the property ladder, it’s getting harder to be young and rich these days.
- Lucy Dean
Meet the 17 new faces on this year’s Young Rich List
Technology entrepreneurs, retailers, musicians and sports stars are among this year’s debutants.
- Yolanda Redrup
The real cost of being a Young Rich founder
Many successful entrepreneurs are glad they didn’t know what they were in for, as it would have discouraged them from taking a rocky, albeit rewarding path.
- Yolanda Redrup
The secret to raising hundreds of millions like these Young Rich
Entrepreneurs on the Young Rich List have raised more than $US3.6 billion in funding from venture capital and private equity. Here are their top tips.
- Yolanda Redrup
This developer cracked the Young Rich List by making warehouses sexy
Oscar Ledlin has tapped into the Instagram generation to build his fast-growing commercial property empire, but there have been falls along the way.
- Larry Schlesinger
Why this Young Rich Lister swears by a daily ice bath and sauna
Sabri Suby’s nightly sauna and ice bath routine might sound like an ordeal, but he calls it “forced meditation”.
- Michael Bailey
How Scott O’Neill became the commercial property king
Young Rich Listers Scott and Mina O’Neill have had one of the biggest jumps in net worth of those on the 2024 list, but it all started with a supermarket and a fish and chip shop.
- Yolanda Redrup
Young Rich Lister matches major labels with $10m for local music
Jaddan Comerford’s cash injection into Australian music is of a scale rarely seen in the streaming era.
- Michael Bailey
August
The one thing this Rich Lister says every founder needs to remember
Sam Kroonenburg built a company from his bedroom, with him and his brother Ryan both making about $500 million. But Sam, 40, is doing what he can to avoid the trappings of wealth.
- Julie-anne Sprague
July
Inside the $26b journey of this Young Rich Lister’s crypto game
The Warwick brothers’ blockchain-based game Illuvium has finally launched, marking a new chapter in the wild ride of their billion-dollar company.
- Yolanda Redrup
What it’s like to sell your tech start-up for $180m
For Frank Greeff, selling his real estate marketing company to Domain was the hardest thing he’s ever done, and after it happened he just went to bed.
- Yolanda Redrup
June
- Exclusive
- Luxury property
Rich Lister buys Manly’s most expensive home
Maas Group’s Wes Maas and his wife Emma have emerged as the buyers of Manly’s most expensive home for around $35 million.
- Bonnie Campbell
A Young Rich Lister’s advice for founders wanting social media success
How a back-of-the-napkin plan put fitness star Steph Claire Smith on the Young Rich List.
- Julie-anne Sprague
May
The Young Rich Listers set to smash Queensland property records
Simon and Tah-nee Beard have listed their luxury penthouse for $30 million, more than double what they paid.
- Updated
- Julie-anne Sprague and Bonnie Campbell
What Rich Listers think about money – and what they teach their kids
Nine of Australia’s wealthiest people reflect on their journey with money and whether material success leads to a rich life.
- Michael Bailey, Lauren Sams and Yolanda Redrup
- Exclusive
- Income tax
ATO freezes former Young Rich Lister’s muscle cars, mansion
The flamboyant accountant Steve Di Petta, who has a penchant for Ford Mustangs, is facing allegations he and his wife owe the Tax Office over $3 million.
- Max Mason
How a uni dropout went from Maccas to building a $100m company
Mark Woodland was expanding his education start-up before realising he’d overlooked a critical component for its success and he had to fix it.
- Julie-anne Sprague
- Exclusive
- Online gambling
Gambling mogul lists superyacht at $10m, starts retailing supercars
A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.
- Primrose Riordan
This former Young Rich Lister just spent $700k to alter his genes
Nick Bell’s first business failed, his next made him millions. The serial entrepreneur’s latest business venture involves helping people live longer.
- Julie-anne Sprague
April
The homeschooled billionaire who built a fortune before turning 40
Shaun Bonett was the country’s richest person under 40 in 2007. Now a billionaire, he shares his story, including a humiliating $25 million mistake.
- Julie-anne Sprague