This Month
Family trust: Inside the Pratts’ legal soap opera
Richard Pratt carefully designed a succession plan for his three children, Anthony, Heloise and Fiona. But even the best-laid plans can wind up in court.
- Max Mason and Patrick Durkin
Robin Khuda is the ringleader of this year’s biggest M&A deal
The founder of AirTrunk has cashed in on the inexorable rise in demand for processing power and built a vast fortune on the rise of cloud computing.
- Paul Smith and Tess Bennett
- Exclusive
- Commercial real estate
‘Great assets’: Nick Politis pays $50m for Porsche dealerships
Sydney Roosters chairman Nick Politis has added two Melbourne Porsche dealerships to his 28pc stake in ASX-listed Eagers Automotive.
- Larry Schlesinger
Farquhar’s Atlassian era passes without a grand farewell
Co-founders Scott Farquhar and Mike Cannon-Brookes spent their final day of as co-CEOs working from home. Venture capitalists say Farquhar’s influence goes beyond Atlassian.
- Tess Bennett
The ultrarich are buying up big, and using shell companies to hide it
Across the country, the wealthy are increasingly creating schemes to shield real estate transactions from view. And with it, creating a whole new industry.
- Campbell Kwan and Bonnie Campbell
MinRes Air propelled by Multiplex heir Tim Roberts
Mineral Resources’ former director Tim Roberts is half owner of a new airline that Chris Ellison reckons will boost retention at the debt-laden miner.
- Peter Ker
August
- Exclusive
- Industrial
Rich Listers double down on industrial with $800m logistics plans
Brothers Andrew and Michael Buxton have spent almost $150m buying adjoining sites in south-east Melbourne where they are planning an $800m logistics estate.
- Larry Schlesinger
Anthony Pratt a witness to father’s love for half-sister: court claim
Billionaire Anthony Pratt and his sisters were witness to the “bonds of love and affection” between their late father and his “love child” Paula Hitchcock, claim new court documents.
- Patrick Durkin and Max Mason
The beef baron, the waste magnate and the battle for Brisbane
A bustling weekend farmer’s market on the city’s fringes has emerged as a battleground in a stoush between two industry titans.
- James Hall
The Australian Club by the numbers, in five graphs
From five “Sirs” to 19 “Reverends” and 171 “Johns”, these are the statistics about the elite men’s club you didn’t know you needed.
- Myriam Robin and Michael Read
Rich Listers seek backers for ‘Victoria’s Disneyland’ Gumbuya World
Gumbuya Group’s shareholders have mandated boutique corporate adviser Edison Partners to parade the business to potential equity investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
New agents want $90m Crown penthouse sold ‘this side of Christmas’
Two new agents are set to take the reins of Crown’s discounted $90 million penthouse after four years on the market.
- Bonnie Campbell
The one thing this Rich Lister says every founder needs to remember
Sam Kroonenburg built a company from his bedroom, with him and his brother Ryan both making about $500 million. But Sam, 40, is doing what he can to avoid the trappings of wealth.
- Julie-anne Sprague
Canberra Airport developer Terry Snow dies
His biggest legacy was in property development and philanthropy, but his family also praised him as “a family man and a man who sought adventures”.
- Ronald Mizen
July
Rich Lister’s $6b plan for 10,000 homes at master-planned city
The Costa Family Office is the majority investor in a 909ha site near Murray Bridge that will be developed into a $6 billion project with almost 10,000 homes.
- Larry Schlesinger
Inside the $26b journey of this Young Rich Lister’s crypto game
The Warwick brothers’ blockchain-based game Illuvium has finally launched, marking a new chapter in the wild ride of their billion-dollar company.
- Yolanda Redrup
Rich Lister-owned home building empire faces $100m class action
West Australian construction company BGC Housing Group – founded by the late Len Buckeridge and still controlled by the family – is facing a class action from potentially thousands of aggrieved home owners.
- Tom Rabe
Historic pub to close after Rich Lister sells building, keeps pokies
Pub and pokies baron Bruce Mathieson exchanged contracts to buy the Captain Cook Hotel for $13.5m in late 2022. His BLM Group sold it this month for $6.6m.
- Larry Schlesinger
How exquisite timing and meditating shaped this Rich Lister’s fortune
After deciding a career in law wasn’t for him, Kerry Harmanis turned to prospecting in WA. That decision led to the $3.1 billion sale of Jubilee Mines.
- Julie-anne Sprague
The workshop that teaches young rich kids to manage huge fortunes
During family retreats, kids start learning about managing money and donating to charity from an early age.
- Lucy Dean
