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Wealth

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Today

The 10 richest young Australians revealed

The Young Rich List, now in its 20th year, has uncovered how the wealthiest Australians aged 40 and under are building their fortunes.

  • Michael Bailey
Jack Zhang says he is in no hurry for Airwallex to go public.

Airwallex’s Jack Zhang: ‘Going public is optional for us’ 

It’s under fire over 15-hour days and concerns about its Beijing connections, but the payments company is on a roll.

  • Michael Bailey

Yesterday

Man of the world: Former Dow Chemical chief executive Andrew Liveris.

Andrew Liveris’ guide to making friends and money

The ex-Dow chief sees no point in refusing to associate with those doing the precise opposite of what he says he values. And how else could a self-styled “environmentalist” sit on the board of Saudi Aramco?

  • Myriam Robin

This Month

The 16 new faces on the Young Rich List

One made a fortune from glittery statement dresses, another sold up to Sam Bankman-Fried just in time. The newest self-made 40-and-unders are a mixed bag.

  • Michael Bailey
A contested elect?! Heaven forbid.

Australian Club’s young fogeys flex their muscle

The prospect of a head-to-head contest for the next president has some reaching for the smelling salts.

  • Myriam Robin
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One of the fastest growing categories for Young Rich Listers – vanity

Australian beauty brands have pushed out the established labels, from toothpaste to tanning, with a little product innovation and a lot of savvy marketing.

  • Lauren Sams

The green energy multimillionaires taking over the Young Rich List

US-based investor and Young Rich List debutant Gregory Green made an estimated $100 million after selling his share of a landfill gas developer.

  • Michael Bailey

This Young Rich Lister loves psychedelics, crypto – and art

Prash Puspanathan, an early adopter of cryptocurrency, has commissioned a giant robot for his pool.

  • Michael Bailey
Adrian Portelli is one of the debutants on this year’s Young Rich list.

Lambo-loving Young Rich lister is a ‘shy person’

Known for his attention-seeking stunts and love of sports cars, Adrian Portelli has rocketed into the Young Rich List. But his business is under scrutiny.

  • Tony Davis and Michael Bailey

This school drop-out became a property magnate. Here’s how he did it

He was told he didn’t have the ‘capability’ to finish school. Now, Nigel Satterley has a $500 million empire that landed him on the Rich List.

  • Julie-anne Sprague
Robert Bates plays polo for the Ellerston Pink at the Archibald - Cudmore Trophy in Scone on Saturday.

Francesca Packer’s controversial fiancé makes polo appearance

The former Young Rich Lister – founder of failed wellness start-ups and dodger of furious investors – was spotted skirting around the edges of a particularly posh polo pack.

  • Jessica Sier
Philanthropist and regenerative farmer Alasdair MacLeod inside the Australian Museum’s new Pasifika Gallery which he supported with a $3 million donation

Murdoch-MacLeod museum gift sends lifeline to sinking island crafts

Former media executive Alasdair MacLeod said the initiative was already helping to revive traditional crafts of the region.

  • Samantha Hutchinson

Savage Club coup elevates pedigreed artist

David McCubbin’s election at the Bank Place institution has caused all manner of tut-tutting among more respectable parts of the membership.

  • Updated
  • Myriam Robin

This Rich Lister added $1b to his wealth in less than two years

Medical technology firm Pro Medicus has delivered blistering returns this year. Its success has propelled co-founder Sam Hupert into the $2 billion club.

  • Julie-anne Sprague
Peta Credlin was a pivotal power player during Tony Abbott’s prime ministership.

Peta Credlin nomination divides Alexandra Club

Trouble has been brewing all year about the right-wing TV star joining Melbourne’s poshest female-only club.

  • Myriam Robin
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September

Being an introvert helped set up this Young Rich Lister to make $1b

Alex Tomic didn’t find university challenging, so he quit. Now he’s worth $125 million and climbing, as the toothpaste-related company he formed with a childhood friend shines bright.

  • Julie-anne Sprague
Eighty-eight per cent of wealthy families surveyed said it was possible to give children too much money.

Why Australia’s wealthy hide their true riches from friends and family

But one Rich Lister warns not talking openly about wealth can end badly for relatives left behind. 

  • Primrose Riordan
Carolyn Creswell’s secret weapon is vanilla.

The checkout chick who created a $170m empire

Carolyn Creswell’s company dominates the supermarket shelves. But it didn’t start that way. In the early days, she had to come up clever ways to get ahead.

  • Julie-anne Sprague