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Rich List

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Rich Lister Nick Politis has topped up his stake in Australia’s largest car dealership group Eagers Automotive.

Rich Lister Nick Politis tops up stake in Eagers Automotive

Car dealerships in Canberra previously owned by Mr Politis give Eagers a foothold in the ACT, where electric vehicle sales are rising faster.

  • Simon Evans

The billionaire who is happy to pay more tax than he should

Rich Lister Grant Petty credits his humble upbringing for shaping his success in a country that is too focused on rule followers wearing the right suit.

  • Julie-anne Sprague

Why Judith Neilson took back her journo institute

The billionaire lost her conduit to the board of the journalism funder, and its independent directors soon departed.

  • Updated
  • Michael Bailey
Billionaire philanthropist Judith Neilson wants her journalism institute to go in a more “grassroots” direction.

Judith Neilson takes back her journalism institute

The independent board of the billionaire’s $100 million fund supporting journalism is set to be wound up.

  • Michael Bailey
Mike Cannon-Brookes’ is losing about $1b a week.

These Rich Listers just lost billions

The nation’s wealthiest people have lost more than $11 billion in value this week, led by iron ore magnates Gina Rinehart and Andrew Forrest and tech duo Mike Cannon-Brookes and Scott Farquhar.

  • Julie-anne Sprague and Michael Bailey
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QT Newcastle exterior. The property, owned by AFR Rich Lister Sam Arnaout, has recently opened.

Sam Arnaout makes a splash in Newcastle on the QT

It seemed like a gamble at the time, but Sam Arnaout’s East End development in Newcastle is paying off big time.

  • Martin Kelly
Dennis Bastas, Financial Review Rich List debutant in 2022.

Rich Lister Bastas snares asset from failed biotech iQ Group

A $1.2 million yacht acquired by the controversial life-science outfit is also to be sold to undisclosed buyers.

  • Carrie LaFrenz and Liam Walsh
Mining magnate Travers Duncan outside the New South Wales Supreme Court in 2014, during his ultimately successful effort to have corruption findings against him overturned.

Rich Lister Travers Duncan dies at 89

The engineer became a coal mining king in NSW, and later tussled with that state’s ICAC.

  • Michael Bailey
Kerr Neilson says inflation has made boring stocks interesting again.

These Rich Listers are changing the way they invest

They are favouring mining investments exposed to the shift towards green energy and are focusing on companies turning a profit rather than promising blue-sky.

  • Jonathan Shapiro, Julie-anne Sprague and James Thomson
Sam Arnouat at the bar of Manly’s Steyne Hotel, one of 30 pubs he owns in Sydney.

The panel beater who became a billionaire ‘place maker’

Sam Arnaout was just looking to buy himself a wage, but a stroke of luck set him on the path to a $1.89 billion property fortune.

  • Michael Bailey

May

Peter Freedman.

The high school dropout who built an audio empire lands on Rich List

Peter Freedman’s counterintuitive strategy to manufacture his Rode audio products in Australia rather than China has ranked him among Australia’s 200 most wealthy people.

  • Michael Bailey
Peter Freedman on the cover of AFR Magazine’s 2022 Rich List issue.

Rich List ups and downs snapshot of a turbulent era

Australia’s wealthiest people are a snapshot of the same economic ups and downs as the rest of us in this turbulent and inflationary post-pandemic era.

  • The AFR View

Total Rich List wealth soars past half a trillion dollars

With 137 billionaires on the list, it’s a record year for wealth creation as the gap widens between the top of the table and the rest.

  • Julie-anne Sprague and Michael Bailey

From blood and guts to crypto: inside the Smorgon family office

The fourth generation of the Australian dynasty is keeping the disruptive entrepreneurial spirit alive.

  • Jessica Sier
The Murdoch dynasty.

The one thing Australia’s rich families find hardest to do

When it comes to transferring a lot of money between generations, there are so many ways to get it wrong.

  • Neil Chenoweth
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How the $1b Ferguson brothers plan to keep winning the crypto race

An instinct for cryptocurrencies has helped tech bros James and Robbie build a company that has Disney and Marvel among its customers.

  • Julie-anne Sprague
Rich List debutants in 2022.

This year’s 13 new Rich Listers include a 25-year-old uni dropout

There’s a new wave of wealth entering the Rich List. Of the 13 new entrants, seven are aged 40 or under.

  • Julie-anne Sprague and Michael Bailey
Kerry Harmanis at Cottesloe Beach in Perth: “So many people say they can’t meditate. Everybody can meditate.”

How meditation helped this Rich Lister decide to sell a $3.1b company

West Australian mining entrepreneur Kerry Harmanis has been practising the calming technique since the 1970s.

  • Julie-anne Sprague
Kerry Hamanis is hoping to strike gold at his latest venture.

How a $28m exploration minnow lured this Rich Lister out of retirement

Kerry Harmanis had Frank Lowy-style timing when he sold Jubilee Mines for $3.1 billion in 2007, thanks to instinct honed by meditation. But now he’s back in the thick of it.

  • Julie-anne Sprague
Dany Milham: “Koala was the fastest growing Australian consumer brand, and we’ll beat it by far.”

How 10-minute grocery deliverer Milkrun became an overnight success

There’s a lot riding on founder Dany Milham’s shoulders. But this 31-year-old has been here before.

  • Yolanda Redrup
Nick Andrianakos, pictured here in Greece’s Nafplio, where the forklift driver turned petrol king is, at 78, building a hotel.

He started in a Pratt factory. Now he’s a Rich List billionaire

It took patience, a passion for property and a lot of petrol-pumping for Melbourne entrepreneur Nick Andrianakos to rise to the Financial Review Rich List.

  • Michael Bailey

‘A deal I haven’t done’ gets this new Rich Lister out of bed each day

Dennis Bastas, co-founder, chief executive and chairman of Arrotex Pharmaceuticals, prefers pre-empting a challenge to trying to exploit an opportunity.

  • Carrie LaFrenz

Petrol king goes shopping with Adelaide mall deal

Rich Lister Nick Andrianakos’s first investment into a shopping centre comes almost half a century after the Greek migrant bought his first petrol station in 1973, going on to create the Milemaker chain of fuel outlets.

  • Nick Lenaghan

April

Canva takes hit as investor slashes value of shares by 33pc

The US tech sell-off is starting to hit Australia’s biggest private tech names, as one of the graphic design giant’s newest backers rethinks its value.

  • Michael Bailey

March

Snow Foundation chief executive Georgina Byron with Loki Ball, a recipient of one of eight new grants to social entrepreneurs.

Rich Lister Terry Snow backs founders who’ve lived their problems

A new grants program has backed social entrepreneurs motivated by their own adversity and hardships.

  • Michael Bailey
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Nick Hazell, the ceo of v2food, says the new plant-based ‘chicken’ range has been 18 months in development.

Rich Lister Jack Cowin’s v2food expands into plant-based ‘chicken’

Chief executive Nick Hazell rejects squawks from livestock producers over labelling as the plant-based “meat” group holds prices steady despite raw material inputs rising as much as 15 per cent.

  • Simon Evans
Canva CEO and co-founder Melanie Perkins is the second-richest woman in the country.

Where are Australia’s self-made billionaire women?

Australia’s richest woman, Gina Rinehart, has $30.7 billion to her name. We asked three women what that tells them about wealth creation in Australia.

  • Lucy Dean

The nation’s 50 richest women revealed

Their collective wealth has jumped $7.4 billion as technology entrepreneurs, led by Canva’s Melanie Perkins, climb the Rich Women rankings.

  • Julie-anne Sprague and Michael Bailey
Gina Rinehart at the Roy Hill berths at South West Creek in Port Hedland.

Why Gina Rinehart wants Peter Dutton to get a bigger budget

Australia is not spending nearly enough on its defence, says the country’s richest person.

  • Julie-anne Sprague

February

Mike Cannon-Brookes, co-founder of Atlassian.

How Mike Cannon-Brookes invests

The Atlassian founder’s portfolio has morphed from helping software developers to saving the world, including stakes in Sun Cable, Genex, Brighte and Melior.

  • Updated
  • Michael Bailey