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    Wealth

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    This Month

    Steph Claire Smith went from ‘another coat hanger on the books’ to Young Rich Lister.

    A Young Rich Lister’s advice for founders wanting social media success

    How a back-of-the-napkin plan put fitness star Steph Claire Smith on the Young Rich List.

    • Julie-anne Sprague

    May

    Financial Review Rich List: Australia’s wealthiest people in 2024.

    Australia’s wealthiest 200 now control $625b

    Technology is back, resources rode a roller coaster and property growth returned, giving Australia’s Rich Listers an 11pc boost to their total fortune.

    • Updated
    • Yolanda Redrup and Michael Bailey
    Gerry Harvey, Jack Cowin and John Van Lieshout have been on the Rich List for decades.

    Ageing Rich Listers approach wealth dispersal watershed

    Forty-five of the 200 Rich List entries, holding about $140 billion in wealth, are aged over 80.

    • The AFR View

    Rich Lister Wes Maas’ three rules for business decisions

    The former NRL player has built a billion-dollar company through hard work and diversification.

    • Yolanda Redrup
    More than half of the debutants on the 2024 Rich List are already billionaires.

    More than half the 11 new Rich Listers are already billionaires

    Two cryptocurrency giants, an under-the-radar mattress mogul, a former mechanic and an ex-NRL player are among 17 new and returning faces on this year’s Rich List.

    • Yolanda Redrup and Michael Bailey
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    What Rich Listers think about money – and what they teach their kids

    Nine of Australia’s wealthiest people reflect on their journey with money and whether material success leads to a rich life.

    • Michael Bailey, Lauren Sams and Yolanda Redrup

    Why Shakespeare matters to Rich Lister Katie Page

    “We all quote Shakespeare all the time, whether we know it or not.” The Harvey Norman CEO – and Rich Lister – has a lifelong love for The Bard.

    • Michael Bailey
    How have most of our richest managed to avoid the fate of the Roy family in the hit TV drama Succession? Good planning has been key.

    How the Rich List is dodging real-life Succession dramas

    As some of its icons are farewelled, a new generation is taking the reins. So far, Australia’s business landscape has remained relatively stoush-free.

    • James Thomson

    Inside the great Rich List wealth transfer

    Control of vast business empires is passing to a new generation, forcing families to confront the hard questions around succession planning. Of the 200 richest Australians, 45 are over 80 and control $136.1 billion.

    • Yolanda Redrup
    Ian Malouf aboard his 241-foot superyacht, Coral Ocean, docked at Monaco’s Port Hercules.

    Behind Ian Malouf’s $50m bet on umbilical cords

    The Dial-A-Dump founder has shrugged off doubts about stem cell therapy and is investing heavily to get the treatments more widely approved.

    • Michael Bailey

    How a uni dropout went from Maccas to building a $100m company

    Mark Woodland was expanding his education start-up before realising he’d overlooked a critical component for its success and he had to fix it.

    • Julie-anne Sprague
    The Collins Street entrance to Melbourne’s Athenaeum Club.

    Athenaeum Club’s salami tactics trouble gender truce

    It’s increasingly tricky to maintain both a male-only institution with a rollcall of reciprocal arrangements with prestigious British counterparts.

    • Myriam Robin
    Leading the pack is LVMH founder and chief executive officer Bernard Arnault, 75, with a net worth of $US222 billion.

    The $150b club: Record number of super rich

    The combined net worth of the world’s super-rich club is up 13 per cent this year to $3.3 trillion, according to the Bloomberg Billionaires Index.

    • Diana Li and Jack Witzig

    How the CEO of Oroton learnt to make the right career choices

    Earlier in her career, Oroton CEO Jenny Child was frustrated at McKinsey and scored a job offer elsewhere. But a mentor warned her that the grass would not necessarily be greener. Child stayed at McKinsey, was made partner, moved to Australia and now runs a luxury retailer.

    • Ciara Seccombe and Lap Phan

    This former Young Rich Lister just spent $700k to alter his genes

    Nick Bell’s first business failed, his next made him millions. The serial entrepreneur’s latest business venture involves helping people live longer.

    • Julie-anne Sprague
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    April

    Election bunfight at The Australian Club in Melbourne.

    Australian Club showdown gives members indigestion

    You know what totally ruins the vibe? Democracy. Of which members of Melbourne’s prestigious Australian Club have had a gutful.

    • Updated
    • Myriam Robin
    Minderoo Foundation chief executive John Hartman.

    Forrest-backed Minderoo to become bigger philanthropic force

    The financial endowment behind Andrew and Nicola Forrest’s philanthropic Minderoo Foundation is expected to grow towards $40 billion by the end of the decade.

    • Brad Thompson

    Philanthropy 50: Which Australians gave away the most in 2023? 

    Donations from Australia’s biggest private givers have jumped to a record $1.25 billion.

    • Lisa Murray

    The homeschooled billionaire who built a fortune before turning 40

    Shaun Bonett was the country’s richest person under 40 in 2007. Now a billionaire, he shares his story, including a humiliating $25 million mistake.

    • Julie-anne Sprague
    Minderoo Foundation chief executive John Hartman has swung the axe.

    Forrests’ $10b philanthropic foundation to cut 100 jobs

    Andrew and Nicola Forrest’s Minderoo Foundation will shed about a third of its workforce in an overhaul aimed at making better use of its iron ore endowment.

    • Brad Thompson