An Adelaide supermarket king who resigned from his job as a Coles trolley collector in the 1970s has made Australia’s top 250 rich list after posting an estimated $827 million fortune. Roger Drake, who is still working despite being in his 70s, is the founder of independent chain Drakes SupermarketsContinue Reading
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
With Australia’s richest couple confirming the end of their 31-year marriage, Nicola Forrest becomes the country’s second-wealthiest woman — but their three glamorous children will still miss out on most of the family’s $35 billion fortune. Mining billionaires Andrew and Nicola Forrest said in a shock announcement late on WednesdayContinue Reading
Tesla’s market valuation price has surged by $US194 billion ($288 billion) in less than two weeks despite a looming recession casting a cloud over the US stock market. At time of writing, on Tuesday morning AEST, Tesla’s share price was up 2.22 per cent from the previous day, trading atContinue Reading
A cashed up Aussie entrepreneur has set a new record after snapping up an exclusive beachfront property for a cool $23 million. Afterpay co-founder Anthony Eisen, who has an estimated net worth of $1.26 billion and ranks number 112 on Australia’s rich list, recently settled a property in the popularContinue Reading
Three Aussie billionaires who have held onto their spots on the nation’s rich list for decades have shared their simple tips for getting rich and staying rich. Each year, The Australian publishes The List, a definitive ranking of the country’s 250 richest people and how they made their money. ThisContinue Reading
An Aussie woman has appeared on the rich list for the first time at 79-years-old, after a lifetime of achievements that were often overlooked due to her marriage to her husband. Property mogul Margaret Rose, of Rose Group, made her debut on the Financial Review Rich List this week atContinue Reading
Elusive Chinese billionaire Jack Ma — who has rarely been seen in public in the past three years — on Monday took up a visiting professor position at a Japanese university, another new academic role for the founder of tech giant Alibaba. Tokyo College, part of the prestigious University ofContinue Reading
Paydays in excess of $50,000 per-post are on offer to some of Australia’s most popular athletes if they can harness their social media followings correctly. There is genuine money to be made beyond the already gaudy salaries, prizemoney and partner sponsorships athletes have traditionally cashed in on – and InstagramContinue Reading
Australia’s richest person, Gina Rinehart, has further expanded her empire with the acquisition of a 14-storey office building in Queensland. Ms Rinehart, a multibillionaire mining magnate, secured the Brisbane block at 70 Eagle Street for more than $100 million, the Courier Mail reported. The purchase, from US funds group Pembroke,Continue Reading