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    Yolanda Redrup

    Rich List co-editor

    Yolanda Redrup is the co-editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

    Yolanda Redrup

    This Month

    Young Rich Lister and founder of LMCT+ Adrian Portelli.

    They’re young, rich, and in the French Riviera

    Cashed-up, glamorous young Aussies have descended on Saint-Tropez and Monte Carlo, spending their time on superyachts and at $1500-plus per night hotels.

    Dan Fitzgerald’s regenerative tech fund ReGen Ventures successfully raised $90 million in 2021/22.

    Aussie tech’s climate crisis as start-ups face capital crunch

    At least 100 Australian climate tech start-ups need to raise capital in the next nine months to avoid going bust, but say the bar for investment is sky-high.

    Colette Assaf and Charles Assaf  have built a network of childcare centres based on the Montessori method. Now, their daughter Mary Assaf and future son-in-law Christopher Omeissah are taking the approach to aged and disability care.

    The education method that’s made this family millions

    When Charles and Colette Assaf bought a Montessori childcare business in 2000, the IT entrepreneur never expected it would become his family’s future.

    Australian-born Silicon Valley-based investor Peter Barrett was on the board of Univeral Hydrogen.

    Fortescue, Playground-backed hydrogen flight start-up collapses

    Universal Hydrogen had attracted almost $150 million in funding, including from Aussie Peter Barrett’s Playground Global, but it wasn’t enough for it to take flight.

    June

    Tim Gurner with AFR footballers Nick Daicos and Josh Daicos, high jumper Amy Pejkovic and influencer Phoebe Chakar, who will be part of his new SAINT club opening later this year.

    Tim Gurner takes wellness ‘obsession’ to new level

    After dropping nine years off his biological age by taking 35 supplements a day, the Rich Lister is starting a wellness club for a younger generation.

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    Square Peg Capital partner James Tynan has warned that smaller funds may be unable to raise.

    Top VC admits newer Aussie funds will struggle to raise capital

    Younger venture capital funds will be the next casualties of the tough capital raising environment, even if they’re performing well, a Square Peg partner says.

    Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar are still bullish on Atlassian’s outlook

    Why Cannon-Brookes, Farquhar are down $15b in just two months

    Concerns about Atlassian’s cloud growth rate have triggered a share sell-off, which has wiped a combined $15.4 billion off the valuations of its co-founders.

    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.

    Georgia Geminder is carving her own path in business with Gem Oral Care.

    This Rich Listers’ daughter is forging her own path in business

    Georgia Geminder launched her own toothpaste at the start of 2020 after three years of research. Now she has found a new “boring” category to transform.

    The first boat in production by Sam Beck’s KARVE Marine.

    Can’t find the boat you want? For $2.3m, Sam will help you build it

    Property development isn’t always a 9 to 5 job, Sam Beck says, so he created a hobby business custom-building multimillion-dollar catamarans.

    • Updated
    GPN Vaccines, led by Tim Hirst, is developing a vaccination against Streptococcus pneumoniae, which causes middle ear infections, pneumonia and sepsis.

    Aussie vaccine start-up scores $300m valuation

    GPN Vaccines has raised $18 million in a round led by Forepont Capital and Kern Capital.

    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
    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.

    Rich Lister Wes Maas’ three rules for business decisions

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

    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.

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    How the Turner women are creating a legacy beyond Flight Centre

    Graham Turner may have turned Flight Centre into a household name, but wife Jude and daughter Jo have a different approach to business.

    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.

    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.

    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.

    Hari Nair and John Manusu’s Aegros may be a start-up, but the company’s technology ifirst began development in the 1980s.

    Biotech start-up raising $20m pre-IPO amid missed payment claims

    Plasma start-up Aegros has been accused of not paying suppliers and missing payroll, put is still planning on a 2025 IPO.