Horse trainer-turned cattle baron leads NT richlist
There’s a new Territorian among Australia’s wealthiest people this year as the bush makes a comeback while tech fortunes fall.
There’s a new Territorian among Australia’s wealthiest people this year as the bush makes a comeback while tech fortunes fall.
Australia’s youngest billionaire is Melbourne’s 27-year-old crypto gambling magnate Edward Craven, who debuts on The List – Australia’s Richest 250 with an estimated $2.01bn fortune.
Some of the state’s richest residents have seen their net worth plummet as varying forces wreck havoc on their bottom line. But NSW’s most wealthy people still have plenty of cash to play with.
They may be worlds apart in age and style, but Harry Triguboff and Tim Gurner agree property is the only game in town.
Mining magnates and property barons are still doing well on The List, but technology titans like Mike Cannon-Brookes and Melanie Perkins are the big losers this year.
Dennis Bastas points to his engineering brain and an appetite for discomfort to explain his extraordinary deal-making success.
He’s spent $46m on yachts and $32m on private jets, as financial records show Clive Palmer reaped about $1bn in the past year.
Thirty-two years after founding their eponymous label, sisters Nicky and Simone Zimmermann have reaped the rewards of putting Australia on the international fashion map.
Flight Centre boss Graham Turner is optimistic about the recovery of the wider public’s travel habits – even if he believes it will take some time to get back to pre-Covid levels.
Australia’s rich lost a lot of money in 2022 and it could get worse for some billionaires this year, but others could buck the trend. Here are the ones with the most at stake.
The technology revolution has arrived, changing the face of the ranks of Australia’s wealthiest individuals. A unique collection of NFTs celebrates their success.
It’s not all work for the big players on The List: The Richest 250. They wind down in various ways, from the sporty to the leisurely – or just collecting ritzy houses.
It took until the fast car enthusiast was 50 to realise what he needed to change to be a success in business – pay staff well, hire more women and stay out of the way. The results have been startling.
Clive Palmer makes more income than almost every other Australian billionaire. But how he chooses to spend it is unique.
Australian retail phenomenon Culture Kings is about to launch its biggest play, with its 30-something founders taking on the US market.
Forget fast cars, super yachts or luxury houses. The hottest trophy asset for Australia’s rich elite right now is a $100m jet. So who has bought one?
An elite clutch of start-up founders is getting richer more quickly than ever, adding $30bn since March as wealth shifts from old industries to new sectors. See the new rankings.
Atlassian’s Scott Farquhar has made several canny private investments, as he racks up an increasingly impressive record of picking start-up winners.
The popular veteran stockpicker will take a ‘carrot and stick’ approach to the LICs he has targeted that are trading below their asset value.
He’s building a real-life tower of power – and just like the sweaty YouTube dancer who inspires him, tech billionaire Scott Farquhar just needs enthusiastic followers to join his movement.
Original URL: https://www.theaustralian.com.au/topics/richest-250/page/3