The 2021 List
Featured
Why this Young Rich Lister skips a meal (and stays fit)
Comparison site Finder.com’s co-founder, Fred Schebesta, usually goes without lunch or dinner, but his device is another matter.
- Sally Patten
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
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
- Exclusive
- Cryptocurrencies
Aussie expat returns home with $267m after selling his crypto start-up
Michael Dunworth left Sydney to try his luck in Silicon Valley in 2013, after an aborted plan involving doing laundry dressed as Spider-Man, he struck gold with crypto payments.
- Jessica Sier
Chalice asks opponents to see the forest for the trees
An Australian critical minerals discovery is at the centre of debate over whether pursuit of metals for decarbonisation can justify local environmental damage.
- Peter Ker
April
Young Rich Lister’s fast rise and fall
Domm Holland raised $168 million from big names like Stripe, but his one-click online checkout hopeful Fast will close this week after less than three years.
- Michael Bailey
March
- Exclusive
- Start-ups
Young Rich Lister hit with unpaid bills, pay dispute claims
Private investigators are looking to serve Robert Bates with court documents claiming unpaid invoices abroad, while an ex-staff member claims they are missing pay and superannuation.
- Jessica Sier
February
The yin and yang that made Canva a $55b behemoth
He’s good at learning. She’s got leadership intuition pre-baked. Meet Melanie Perkins and Cliff Obrecht, the couple behind Canva.
- Jessica Sier
Silicon Valley spent years rejecting Canva. Now they’re eating it up
The company’s progress is a tale of a bright idea, persistence and great timing.
- Jessica Sier
Why Canva believes most venture-capital investors need courage
Canva co-founder Cliff Obrecht has some frank words regarding the venture capital process and says most investors are mere followers.
- Jessica Sier
November 2021
AFR Magazine’s Young Rich NFT auction raised $77,450
The 2021 Young Rich issue of AFR Magazine marks the first time we’ve tallied up the wealth of crypto fortunes.
- Matthew Drummond
Bid for our Young Rich NFT in three simple steps
On Thursday, the auction will begin for our non-fungible token: an animated version of the cover from AFR Magazine’s 2021 Young Rich issue.
- Matthew Drummond and Jessica Sier
Is fortune written in the stars? Check the Young Rich Lister horoscope
Our resident astrologer examines Australia’s wealthiest Millennials by zodiac sign.
October 2021
Meet this year’s 26 new Young Rich Listers
There are 26 debutants on this year’s Young Rich List who have fashioned wealth in everything from online retail to cryptocurrency computer games.
- Julie-anne Sprague and Michael Bailey
Why a video game built on blockchain is the ultimate crypto coup
What do you get when you combine video games with cryptocurrency? Lots of new Young Rich Listers, including Warwick brothers Kieran, Grant and Aaron.
- Jessica Sier
- Opinion
- Cryptocurrencies
Like our Young Rich cover? You can buy it for charity as an NFT
The cover of this month’s magazine has just been “minted” as a non-fungible token, or NFT, which will be sold to benefit The Smith Family charity.
- Matthew Drummond
The fast, loose (and lucky) life of a crypto anarchist
Sergei Sergienko has crammed a lot of life experience into four decades, and is the first to admit he’s not always been a squeaky-clean operator.
- Jessica Sier
Wealth of Australia’s 100 richest Millennials hits $41.3b record
The 2021 Young Rich List includes more women and more billionaires as next-gen entrepreneurs use technology in more inventive ways than ever.
- Updated
- Michael Bailey and Julie-anne Sprague
To wind down from work, this Young Rich Lister fires up the barbecue
Finder’s Jeremy Cabral usually grills food on his inner-Sydney balcony. Now he’s taken his tongs to Colorado.
- Philippa Coates
Quitting McKinsey led this man to a $40m fortune
Young Rich Lister Alex Dorsch made his fortune from an old school industry, a rare feat among this year’s self-made entrepreneurs.
- Julie-anne Sprague
Wellness couple fight back from failure to join Young Rich List
Almost one in 10 members of the ranking is riding a wellbeing wave. Jessica Sepel’s JSHealth has just hit the big time.
- Julie-anne Sprague
The women building fortunes from supplements, serums and squats
There are 11 entrepreneurs on this year’s Young Rich List carving out fortunes from a boom in health and wellness. They’re collectively worth $1.2 billion.
- Julie-anne Sprague
The Young Rich Lister brothers who beat Amazon at its own game
The $2 billion sale of A Cloud Guru this year is the biggest exit of an Australian software company. Meet its founders, Ryan and Sam Kroonenburg.
- Michael Bailey
This Young Rich Lister has raised $168m with Fast checkouts
The founder of Fast, Domm Holland, has attracted seed funding from the likes of Afterpay founder Nick Molnar to make his one-click checkout button ubiquitous.
- Michael Bailey
It started in a tiny garage, now this car tech company is worth $300m
Six years ago, Peruvian Australian Federico Collarte had a light-bulb moment about what that many believe is the essential ingredient for self-driving vehicles.
- Tony Davis
