The 10 richest young Australians have been revealed, with tech moguls and entrepreneurs topping the list.
The Australian Financial Review shared its top dogs Young Rich List for 2024 on Thursday.
The wealthy included a crypto gambling magnate with a net worth of more than $4 billion and the founder of a popular Mexican takeout chain that competes with Guzman y Gomez.
Melanie Perkins and Cliff Obrecht – $14,0008,000,000
The young founders of Canva – a graphic design platform launched in 2013 – have topped the Financial Review Young Rich List for the fifth consecutive year.
The couple saw an additional $1 billion added to their wealth this year thanks to the company’s continued growth.
Both Ms. Perkins, 37, and Mr. Obrecht, 38, have signed Bill Gates’ The Giving Pledge, pledging to donate the majority of their wealth to charity, either throughout their lives or in their wills.
Ed Craven – $4,768,000,000
Second only to Canva’s co-founders was crypto gambling magnate Ed Craven, 28.
While Mr Craven is best known for co-founding Stake.com, which is closed to Australians due to licensing, he is also involved with Primedice.com – a bitcoin gambling site, and Kick – a streaming platform.
The young billionaire made headlines earlier this year after promising to build the country’s most expensive home in Toorak, Melbourne, worth $145 million.
Canva’s young founders Melanie Perkins (pictured) and Cliff Obrecht have topped the Financial Review Young Rich List for the fifth year in a row.
In second place was crypto gambling magnate Ed Craven, who made headlines earlier this year after promising to build the country’s most expensive house in Toorak (photo: the original house on the site).
Sam Prince – $1,809,000,000
Sam Prince is the doctor behind the creation of the popular Mexican food chain Zambrero.
He began studying at the Australian National University at the age of 16 and graduated with a degree in medicine and a bachelor’s degree in surgery from Monash University in Melbourne.
Dr. Prince also founded Next Practice, One Disease, Sam Prince Hospitality Group, Shine+ and Zapid Hire and was awarded the ACT’s Australian of the Year in 2018 in recognition of his charity work, largely funded through Zambrero.
James Ferguson and Robbie Ferguson – $1,712,000,000
Billionaire brothers James, 32, and Robbie Ferguson, 25, have grown their wealth by as much as 50 percent in the past year, in line with the valuation of their crypto gaming company Immutable.
The platform helps create games securely for decentralized internet users, using Web3, and trades in Ethereum.
Jack Zhang – $1,344,000,000
Chinese-born Melbourne tech magnate Jack Zhang made it to the list of young billionaires with a “unicorn” company, Airwallex.
The financial platform allows businesses to easily make global payments and streamline banking operations.
However, the billionaire’s net worth has fallen 7.6 percent compared to 2023, while Airwallex’s revenue growth has slowed.
Adrian Portelli (photo) was on AFR’s annual Young Rich List for the second time in 2024
Adrian Portelli – $1,295,000,000
Adrian Portelli, who will be a familiar face to all fans of The Block after spending $16.65 million on four Block homes, is on AFR’s list for the second time.
The 35-year-old Gold Coast dad is known for sharing his flashy lifestyle, which earned him the nickname ‘Lambo Guy’, and hosting luxury giveaways under his membership-based business, LMCT+.
He is also a real estate investor and co-founder of the drinks brands Flipside Energy and Lets Gee Up.
Robert Chamberlain – $1,222,000,000
Mr Chamberlain has worked in the travel industry for over 21 years and in 2003 founded Huno Group, a collection of travel websites, to help travelers take control of their holidays.
The company achieved sales of more than $186 million last fiscal year, an increase of 25 percent compared to the previous year, and a net profit of $70.8 million.
Nick Molnar – $1,142,000,000
Afterpay co-founder Nick Molnar was the last billionaire to make the annual list.
Mr Molnar was recently promoted from Afterpay, which allows customers to pay for their purchases in installments rather than upfront, to become head of sales at Block, Afterpay’s parent company.
In August, it was reported that Molnar would report directly to Block CEO and former Twitter chief Jack Dorsey, three years after the company bought the buy-now-pay-later service.
Sam Prince, the doctor behind the creation of one of Australia’s favorite Mexican chains, Zambrero, was third on the list
Jacob Dai – $898,000,000 – And Max Li – $716,000,000
The last two places in the top 10 list were Mr Dai and Mr Li, Mr Zhang’s aforementioned co-founders of Airwallex.
Mr. Dai holds the position of Chief Technology Officer within the company, while Mr. Li is head of design.
