Today
Chemist Warehouse founders share $365m dividend windfall
Rich Listers Jack Gance and Mario Verrocchi split a $264 million payout last financial year, and a further $101 million in October.
- Joshua Peach
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
This Month
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
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
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
Chinese billionaire selling cattle station empire the size of Belgium
The 2.9m hectare portfolio of East Kimberley cattle stations is being offered by Chinese-Australian property developer Hui Wing Mau.
- Larry Schlesinger
CGI Glass Lewis advises against Wavish joining Endeavour board
The proxy firm was critical of Mr Wavish’s previous directorships at Myer and Dick Smith, and also believes that performance issues for the owner of Dan Murphy’s are short-term.
- Carrie LaFrenz and Simon Evans
Rich Lister accused of encouraging ‘incredibly inappropriate’ behaviour
Online casino entrepreneur Ed Craven has been accused of encouraging inappropriate behaviour towards a female escort on his live-streaming platform.
- Primrose Riordan and Tess Bennett
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
September
54 years on, Harry Triguboff finally makes his mark in Melbourne
The 298-room apartment hotel on King Street in Melbourne CBD’s - the Sydney property developer’s first foray in Victoria – has opened its doors.
- Larry Schlesinger
- Exclusive
- Property development
Tim Gurner lines up $800m apartment project on St Kilda Road
The Rich Lister, who sparked controversy and debate at the AFR Property Summit this month, has bought the huge Melbourne site for $80m.
- Larry Schlesinger
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
Rich Listers bank on $130m Phillip Island hotel to boost tourist spend
The billionaire founders of Computershare and Salta Properties, Chris Morris and Sam Tarascio, are behind the 160-room hotel proposal in Cowes.
- Campbell Kwan
- Exclusive
- Luxury property
Robin Khuda wins Mornington land dispute, voids $9m purchase
The Rich Lister has established a point about disclosure for developers – as well as getting himself out of an overpriced sale agreement.
- Michael Bleby
Reclusive Sydney gambling mogul emerges as kingmaker in South Africa
Martin Moshal is the largest individual political donor in South Africa, according to electoral records analysed by a non-profit.
- Primrose Riordan
‘Goyder is spread too thin’: AFR readers want Qantas chairman gone
Almost 80 per cent of surveyed readers say that Qantas chairman Richard Goyder should resign and that former chief executive Alan Joyce should be stripped of his bonuses.
- Edmund Tadros
- Exclusive
- Rich families
Malaysian billionaires eye a bid for Hamilton Island
Not every sibling in the wealthy Oatley family is as enthusiastic to sell the prized asset purchased by Bob Oatley, the legendary sailor who died in 2016.
- Primrose Riordan
- Opinion
- Chanticleer
Gurner, Grantham and the power struggle that will shape markets
The firestorm sparked by Tim Gurner speaks to growing tensions about inequality. Investors are starting to take notice.
- James Thomson
Tim Gurner deeply sorry for ‘wrong’ comments about tradies, job losses
The developer and Rich Lister has broken his silence to apologise to tradies for the “wrong” comments he made calling for job losses to improve productivity.
- Larry Schlesinger
Jobless rate needs to jump to fix housing: Gurner
The billionaire developer says poor productivity, a sclerotic planning system in Sydney and high taxes are holding back more housing supply and lower prices.
- Larry Schlesinger
