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    Rich Listers

    Yesterday

    Rich List Snow family sets sights on Canberra’s next landmark

    It is the first major project launched by Capital Property, the owner of Canberra Airport, since Terry Snow stepped down from active management last month.

    • Nick Lenaghan

    This Month

    Linkby co-founders Andrew Chak, Chris Wirasinha and Adrian Fagerland have raised $4 million in Series A funding.

    This ex-Young Rich Lister built a top media company, now he’s trying tech

    Chris Wirasinha co-founded Pedestrian almost 20 years ago and bootstrapped the company until it was acquired by Nine. With Linkby, he’s taking a different path.

    • Yolanda Redrup
    WiseTech co-founder Richard White.

    The Rich Lister who avoids risk at all costs

    Richard White wanted to be a rock ‘n’ roll star. He ended up developing software for companies in logistics and is now the 11th wealthiest person in Australia.

    • Julie-anne Sprague
    Samantha Hogg, deputy chairwoman and lead independent director of cement group Adbri, chaired the meeting at which shareholders voted in favour of a $2.1b buyout by Irish group CRH.

    Weak dollar plays a part in $2.1b buyout of Adbri by Irish giant CRH

    One of Australia’s largest cement groups will disappear from the ASX after 62 years, with one shareholder saying it was a “sad but predictable day”.

    • Simon Evans
    The Light Brigade Hotel stands at the highest point in Paddington.

    Laundys add Sydney’s Light Brigade Hotel to pub empire

    Family patriarch Arthur Laundy says he knows the Light Brigade Hotel well, having ridden his scooter around it as child when his parents owned the nearby Woollahra Hotel.

    • Larry Schlesinger
    Advertisement
    The hotel is part of the Roche family’s Calypso Bay master-planned estate.

    Rich Listers list Gold Coast waterfront tavern

    The billionaire Roche family are selling the large-format Harrigan’s tavern within their Calypso Bay waterfront estate as they focus on their NSW assets.

    • Larry Schlesinger
    Afterpay co-founder Nick Molnar in Sydney on Tuesday.

    Boost for Afterpay as Block drops plans for Cash App in Australia

    Afterpay Plus will make buy now, pay later more ubiquitous, says Nick Molnar, in his first public comments on the growth strategy in Australia post-acquisition.

    • James Eyers

    May

    The Chanticleer podcast features James Thomson and Anthony Macdonald.

    GYG heads for ASX | The winner in failed Anglo bid | Invest like a Rich Lister

    This week on the Chanticleer podcast, James and Anthony look at Guzman y Gomez’s IPO plans, try to find the winner in BHP’s failed bid for Anglo American, and show you how to invest like a Rich Lister.

    Rich Lister Charlie Shahin.

    Rich Lister Charlie Shahin’s hopes for peace in Gaza

    Seven decades ago Charlie Shahin’s parents were forced out of Palestine. This weekend he is on the way back to the Middle East.

    • Emma Connors
    Mike Cannon Brookes, Richard White and Nicola Forrest are among the Rich Listers tied to listed companies.

    How to invest like a Rich Lister and beat the market

    There are 37 listed stocks linked to Rich List members, and their ability to deliver above-market returns is impressive. 

    • Updated
    • James Thomson
    Jack Gance and Mario Verrocchi are set to storm onto the ASX boards.

    Why Chemist Warehouse deal could create a ‘governance Frankenstein’

    The unique family business has a staggering level of related party transactions. How that will work in an ASX-listed company remains unclear. 

    • James Thomson
    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

    From refugee to Rich Lister: the incredible journey of Charlie Shahin

    Shahin was born in Lebanon where his family, as Palestinian refugees, couldn’t own land. Now he has bought a million-acre NT cattle station.

    • Updated
    • Larry Schlesinger
    How we report the Rich List (and why so many don't want to be on it)
    2:02

    How we report the Rich List (and why so many don't want to be on it)

    Rich List co-editor Yolanda Redrup explains how we do the valuations that determine who makes the cut.

    • Updated
    Rich Listers Sam Hupert (pictured) and Anthony Hall’s Pro Medicus has become one of the most highly valued companies on the ASX with a PE multiple of 169.

    The ASX business so good ‘you can’t put a sell on it’

    Analysts say Pro Medicus is one of the world’s most expensive stocks, but also one of the best.

    • Yolanda Redrup
    Advertisement
    Dennison Hambling, the MD of Intelligent Monitoring Group, says Australia has become uncompetitive and is being strangled by compliance rules. A cut in corporate tax rates would free up capital for extra investment.

    CEOs to Labor: Cut taxes and tech investment will ramp up

    Dennison Hambling of security monitoring company IMG says Australia is five to 10 years behind other countries and a corporate tax rate cut would free up capital to make bolder investments.

    • Simon Evans and Tess Bennett

    Meet the new Rich Listers | Inflation accelerates | Lendlease sells US construction business

    Read everything that’s happened in the news so far today.

    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
    Grant Petty, founder of Blackmagic Designs, cautions that AI is not new, and is currently at the top of a hype cycle.

    AI reshapes Rich Lister business but not their fortunes yet

    Rich Listers are using AI to overhaul graphic design, advance healthcare and improve cybersecurity, but few are investing personally.

    • Yolanda Redrup and Michael Bailey