NewsBite

Atlassian billionaire Mike Cannon-Brookes jets out of Sydney in new private jet

An Australian billionaire has been spotted boarding his new private jet at Sydney Airport ahead of the hotly-anticipated Australian Grand Prix. Get the first look.

Climate activist billionaire Mike Cannon-Brookes slammed for hypocrisy over private jet purchase

Atlassian billionaire and climate change campaigner Mike Cannon-Brookes has been spotted boarding his private jet at Sydney Airport ahead of the hotly-anticipated Australian Grand Prix.

Mr Cannon-Brookes, who is worth a reported $22 billion dollars and counting, arrived in the harbourside city on Saturday morning with his three children and father Mike Cannon-Brookes Snr in tow.

The billionaire clan were later sighted crossing the tarmac to board Mr Cannon-Brookes’ flash new 19-seat Bombardier 7500 jet, before the family flew down to Melbourne for the Formula One season opener.

The event will mark the first branding appearance for Atlassian and Williams Racing after the software company co-founder and chief executive signed a long-term deal with the UK-based F1 team last month.

Atlassian billionaire Mike Cannon-Brookes boards his new private jet with his family, bound for the Australian Grand Prix. Picture: Media Mode
Atlassian billionaire Mike Cannon-Brookes boards his new private jet with his family, bound for the Australian Grand Prix. Picture: Media Mode

The partnership has promised to “shake up” the racing world by using cutting-edge technology and AI-powered collaboration to transform one of the most successful teams in F1 history.

But Mr Cannon-Brookes entry into the sport – and his decision to buy a private jet – has raised eyebrows.

The grey and green 19-seater Bombardier 7500 private jet retails for between $75m to $80m.
The grey and green 19-seater Bombardier 7500 private jet retails for between $75m to $80m.

The climate change advocate admitted he had a “deep internal conflict” about buying his own plane given his ardent commitment to clean energy in recent LinkedIn post.

He confessed the purchase was a “hard, continual trade-off” he had made in order to “to run a global business from Australia, and still be a constantly present dad”.

“My commitment to climate is as strong as ever,” his post read.

“I’m still pretty damn focused on making an impact at a large scale, removing huge volumes of emissions through active investments and philanthropy … and have the proud scars to prove it.”

Mr Cannon-Brookes intends to use the private jet, which retails for between $75m to $80m, to travel across his many business ventures, including a minority stake in US basketball team the Utah Jazz and his F1 sponsorship deal.

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.dailytelegraph.com.au/news/nsw/atlassian-billionaire-mike-cannonbrookes-jets-out-of-sydney-in-new-private-jet/news-story/9331178d149c550273039c404fb94674