Property developer and philanthropist Lang Walker AO died overnight, aged 78. The Australian billionaire spent his last days surrounded by family at his Woolloomooloo home, in Sydney’s north shore. He is survived by his wife Sue and three adult children: Blake, Chad and Georgia at his side. Mr Walker hadContinue Reading
Harvey Norman chairman Gerry Harvey has slammed what he says is “very unfair” criticism of telco Optus after millions of customers were impacted by a nationwide outage. The ad aired on radio stations including 2GB, 6PR, and 3AW, where Mr Harvey defended Optus, stating it “could happen to any company”,Continue Reading
At 90 years old, Australian billionaire Harry Triguboff has just opened his latest hotel, growing his Meriton Suites business to a value of $7.2 billion. The 378-room Melbourne high-rise at 140 King St became the 23rd hotel in the chain when it officially opened its doors this week. It wasContinue Reading
Australian billionaire Andrew “Twiggy” Forrest’ father has died surrounded by family at his ancestral Western Australian home. Donald Forrest, 95, died in the early hours of Sunday morning at Minderoo station. His obituary said he “passed away peacefully in his sleep, knowing he was with people and places he loved”.Continue Reading
Atlassian’s billionaire co-founder Scott Farquhar has made a shocking admission about exactly how much time he spends working from home. The 43-year-old co-chief executive of the Australian software giant said this week he only goes into the office once every three months. “I work from home all the time andContinue Reading
Australia’s richest person, Gina Rinehart, has thrown her weight behind nuclear energy in her pitch for a net zero Australia that doesn’t rely on wind and solar. At The Australian’s Bush Summit on Monday, Ms Rinehart delivered a sweeping six-point plan for the nation and called for the government toContinue Reading
A young Aussie billionaire has made a decorative decision few could afford, choosing to adorn the living room of his $39m Melbourne penthouse apartment with a “rare” $3m McLaren. Adrian Portelli rose to fame on last year’s season of The Block, offering up $4.8m for Omar and Oz’s Gisborne SouthContinue Reading
Iron ore baron Andrew Forrest says anyone who doubts the future prospects of hydrogen fuel-cell technology are “muppets” — including Tesla CEO Elon Musk. The founder and non-executive chairman of Fortescue Metals Group, known as Twiggy, has been pouring bucketloads of cash into green power. And he made it clearContinue Reading
Nechama Werdiger may be best known for her $1.05 billion fortune, made as one of the biggest landlords in the country, but the billionaire has an unexpected passion. Ms Werdiger ranked 129th on this year’s The List, an annual compilation of the 250 richest people in the country and howContinue Reading
The billionaire co-founder of Canva has opened up for the first time about becoming a mother. Melanie Perkins and husband Cliff Obrecht welcomed their first child together last year but have shared very little with the world about becoming parents while running one of the countries most successful tech empires.Continue Reading