This Month
How Sam Kennard built a $2.6b empire
The influential business figure always had ambition to work and grow the family company. But he didn’t expect his dad to give him total control when he was just 24 years of age.
- Julie-anne Sprague
- Exclusive
- Rural property
Costa family backs $120m raising for Riverina almond project
Agricultural investor goFARM has acquired 1800ha of irrigated holdings near Griffith, including the 700ha Stephendale vineyard, which will make way for almonds.
- Larry Schlesinger
Rinehart to claim Australia’s truffle farming crown
Australia’s iron ore and cattle queen, Gina Rinehart, is well on her way to becoming the biggest truffle grower, and is looking to add the delicacy to menus that already feature her wagyu beef.
- Brad Thompson
- Exclusive
- Commercial property finance
Sam Arnaout arrives at Hudson House, headquarters of the very rich
The billionaire publican has snapped up the offices once occupied by late television king Reg Grundy, signalling a changing of the guard among Sydney’s rich.
- Primrose Riordan and Campbell Kwan
Chemist Warehouse duo to climb Rich List after Sigma deal
Documents associated with the merger, which will create a retail giant, show for the first time the precise shareholdings of Jack Gance and Mario Verrocchi.
- Michael Bailey
- Exclusive
- Online gambling
Stake.com billionaires build secret position in local bookie PointsBet
Ed Craven and his business partner, Bijan Tehrani, have spent weeks buying shares in the ASX-listed group as they establish a foothold in the local market.
- Zoe Samios
- Exclusive
- Gambling
Rich lister’s online casino empire feels heat of US lawsuits
The wildly profitable business operated by the Perth billionaire is facing legal challenges in US two states, and a crackdown on digital gambling in a third.
- Primrose Riordan
Chemist Warehouse top brass to remain in Sigma merger
The drug wholesaler and distributor took the weekend to hammer out the last details of the reverse takeover by the pharmacy giant.
- Carrie LaFrenz
Endeavour looks to grow pubs earnings by more than $150m
Despite a barrage of investor questions about breaking up the company, CEO Steve Donohue says hotel and retail portfolios are deeply interconnected.
- Carrie LaFrenz
Gambling, pranks, lucrative contracts: Inside livestreaming site Kick
The Twitch competitor has doled out generous deals to content creators. It has also faced criticism for its lax moderation and embrace of online gambling.
- Kellen Browning
How Cathie Reid went from typing class to a $550m fortune
The Rich Lister originally wanted to be a typist. Instead, she became a pharmacist before she spotted a gap in the market and become an entrepreneur alongside husband Stuart Giles.
- Julie-anne Sprague
Rich Lister returns to his rock’n’roll roots with $180m US deal
The microphone mogul behind Rode has ambitions to be the world’s biggest provider of pro audio gear, most of it made in Australia.
- Michael Bailey
November
- Exclusive
- Philanthropy
Rich List family’s $100m gift to change lives via immunology research
The Snow family is already one of Australia’s top philanthropists and it is making another big donation to transform global understanding of the immune system and autoimmune diseases.
- Julie Hare
Michael Hintze sells $20b firm to Canadian giant
The Rich Lister and bond veteran has sold CQS to Manulife Investment Management, but will keep his flagship fund as the kernel of a new venture.
- Updated
- Hans van Leeuwen
- Exclusive
- Retail
Billionaire Bastas emerges in auction for BWX’s Sukin brand
Greenhill is selling the skincare label after the collapse of the ASX-listed beauty group this year. Mr Bastas faces competition from several parties.
- Carrie LaFrenz
Goodman targets distressed sellers, eyes $50b of data centres
Chief executive Greg Goodman says the industrial property group is poised to buy sites from those that must sell, while its data centre opportunity is now about $50 billion.
- Larry Schlesinger
When David Paradice paid Solomon Lew $100,000 (to cross the road)
The billionaire and fund manager have been friends for years. They talk about why Paradice is like Columbo; what Lew does with director’s fee; and who paid the other $100,000 to cross the road.
- Updated
- Jemima Whyte
October
Rinehart’s Hancock Prospecting posts $5b profit
Australia’s biggest private company’s growing lithium interests have led it to criticise the nation’s competitiveness against other developed economies.
- Brad Thompson
- Updated
- Mining
$2.14b dividend war chest fuels Rinehart’s lithium raid
The Pilbara iron ore mine has paid the country’s richest person $2.14 billion at the same time as management considers life after operations come to an end.
- Updated
- Brad Thompson
Chemist Warehouse founders share $365m dividend windfall
Rich Listers Jack Gance and Mario Verrocchi split a $264 million payout last financial year, and a further $101 million in October.
- Joshua Peach
