NewsBite

The List - Richest 250 cause for celebration

Real wealth has its advantages but letting everyone know about it is not always one of them, which is what makes the Richest 250 List an ambitious project to get beneath the hood of who has made it, how they did it and how others might do the same. We strongly believe there is nothing wrong with making money and as the Richest 250 List shows, there is no right way to go about it.

Chocolate-flavoured toothpaste might seem an unlikely route to riches but it is one of the bright ideas that helped put two young Gold Coast entrepreneurs on The List. The story of friends Alex Tomic and Nik Mirkovic, both from migrant families with Serbian backgrounds, reflects a changing of the guard for Australia’s wealthy. Thirty-eight members of the Richest 250 are in their 40s or younger, and many have made their fortunes in unconventional ways, including cryptocurrency gambling and e-commerce. As well as youth, The List illustrates how an increasing number of women are making their way to the top of the wealth tree. Gina Rinehart is Australia’s richest person, one of three women in the top 10.

For those who have made their initial fortune, property has been the tried and tested way to build it from the millions to the billions. Reading the stories of how money is made should be an inspiration. There are wild rides and unexpected twists and turns. Perseverance and dedication to a big idea are keys, as is not worrying too much about what other people might think.

The Richest 250 List is not a road map but it is a field guide for anyone with the determination to succeed. It is proof there still are no limits for those who are willing to back themselves and give it a go.

Read related topics:Richest 250

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.theaustralian.com.au/commentary/editorials/the-list-richest-250-cause-for-celebration/news-story/6089f31e12985d2d0b0a0af4fb6593e3