Young Rich 2025
Explore
Young Rich List 2025
The definitive list of our next generation of entrepreneurs, aged 40 and younger. See who’s up, who’s down and meet the debutants.
18 stories
Young Rich List 2024
The Young Rich List, now in its 21st year, sets a new high for total wealth of $41.7b, dominated by technology entrepreneurs and retailers.
18 stories
Young Rich List 2023
The Young Rich List, now in its 20th year, shows shop owners are thriving in another patchy year for tech founders, and there’s a new young billionaire in town.
14 stories
Young Rich List 2022
The total valuation of Australia’s 100 richest people aged 40 and under is diminished in 2022, but you still need $35 million to get on the list.
8 stories
Young Rich List 2021
Technology dominates this year like never before. The creation of software has driven 47 of the fortunes, including seven new additions in cryptocurrency.
6 stories
Featured
Immutable late accounts reveal $72m loss despite big revenue growth
The cryptocurrency gaming start-up is backed by some of the country’s best-known venture capital funds and says it has significantly reduced its cash burn.
When one superyacht just isn’t enough
A roaring sharemarket, deep tax cuts and crypto riches are driving a younger cohort to invest in the world of floating luxury.
Young property entrepreneur gets set in green concrete start-up
Oscar Ledlin, who ranks number 55 on the Young Rich List, has launched a company specialising in sustainable concrete production, with ambitions to IPO.
Inside a Young Rich Lister’s million-dollar home wellness space
Simon Beard, the founder of streetwear empire Culture Kings, wants to live as long as possible to enjoy his success.
Iren’s $15b Microsoft mega-deal sign of an AI surge that won’t stop
Daniel Roberts, a former Macquarie banker who runs the Nasdaq-listed data centres business, says the agreement is only the first of many as demand booms.
October 2025
Australia’s richest people 40 and under set wealth record
Technology fortunes have driven the collective wealth of the wealthiest 100 young Australians to a record $45 billion in 2025, thanks partly to the AI boom.
Max Marchione is 25. He plans to stay that way
Longevity hacks and body tracking have become an obsession for the super-rich. Now a young Australian is making millions by making it more affordable.
Top 10 richest young Australians revealed
The wealthiest people under 40 are now worth a combined $31.7 billion, led by Canva duo Melanie Perkins and Cliff Obrecht, who topped the list for the sixth year.
From teenage gamer to $88m: Inside Australia’s biggest crypto deal
Jackson Zeng and Rupert Hackett built a billion-dollar crypto brokerage and sold it for up to $200 million, landing them on the list of the richest Australians under 40.
How LSKD’s founder jumped 48 spots on the Young Rich List
The founder of the sportswear chain rose from 77th place to 29th and was the biggest mover of the year, with an estimated personal wealth of $221 million.
AI boom and F1 star drive $4b in new wealth to Young Rich List
The wealthiest Australians under 40 include uni dropouts, an F1 star, ex-Macquarie banker, and founders of businesses ranging from pet food to crypto casinos.
This GP is on the Young Rich List but still makes time for patients
No one can book a meeting with Vu Tran on a Thursday – it’s the day he practises medicine and doesn’t think about his businesses.
Alex de Minaur is playing his best tennis. But is it enough?
As Australia’s top male player reaches his make-or-break years at 26 – no longer a newbie, not yet a veteran – he’s ready for a grand slam win.
How a TV host and a Macquarie banker built a $118m fortune in 9 years
What started as a single co-working “side hustle” survived the rise and fall of WeWork and the pandemic to land Cliff Ho and Tom Ye on the Young Rich List.
Founder, family, fortune: How they ‘have it all’
From term sheets to toddlers, these founders juggled building a business as well as a family.
Inside the creation of one of Queensland’s most lavish properties
From footballer to founder, Brad Moran has spent the past three years putting his all into this residence – which comes complete with three panic rooms.
Bain consultant’s dog inspires $220m fortune and Young Rich List spot
When Ukrainian immigrant Anna Podolsky adopted a kitten at 12, she never imagined her love for animals would eventually land her on the Young Rich List.
The Block’s Marty Fox shook up property. It’s made him a fortune
As a child, The Block judge dreamt of owning a home and never having to move house again. Now, he is building an international real estate empire.
Insta-famous fitness app founders appoint tech veteran as new CEO
Kic co-founder and CEO Laura Henshaw is handing over the reins to serial founder Jane Martino, who will lead the company through a major wellness expansion.
July 2025
Stake.com founder invests millions to build Australia’s ChatGPT
While there are plenty of investors trying to land a lucrative payday as AI use goes mainstream, Maincode is trying to become Australia’s answer to OpenAI.
Three decades of PMs, fashion icons and the odd person headed for jail
The Financial Review’s monthly glossy changed the format for magazines when it arrived in 1995. We look back on its greatest hits, and the occasional near miss.
May 2025
Airwallex secures one of the country’s biggest funding rounds ever
The global payments group has raised $467 million from investors, who include all three of the country’s major venture capital firms.
April 2025
Cettire recruits Accent shoe chief Daniel Agostinelli to its board
The online luxury store has overhauled its board and appointed the veteran retailer as it faces continued investor uncertainty about its outlook.
March 2025
Oscar Piastri on the secret of his $41m-a year success
The Australian Formula 1 driver says his race day routine involves the same lunch, no matter where he is.
February 2025
This Young Rich Lister has a fear of flying. Here’s how she deals with it
Wellness entrepreneur Jessica Sepel is a nervous traveller, so each trip involves a lot of preparation.
