This Month
From Sali to Bastas – billionaires’ adviser Adam Gregory jumps ship
Gregory’s remit will be to assist with capital planning and hunting down acquisition opportunities at DBG, which also includes other businesses like VidaCorp.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Online gambling
Gambling mogul lists superyacht at $10m, starts retailing supercars
A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.
- Primrose Riordan
The Spanish family who netted $18.5b from a beauty IPO
Members of the Puig family, who made their fortune in perfume and cosmetics, are billions of dollars richer after Europe’s biggest listing this year.
- Ben Stupples and Clara Hernanz Lizarraga
April
- Exclusive
- Private banking
Goldman eyes local banking licence to grow ultrarich lending business
The Wall Street investment banking giant has made no secret of its desire to expand its private wealth division. There are limits on what it can do.
- Primrose Riordan
Labor ‘hot mess’ financial advice laws will drive up costs
A group representing financial advisers, stockbrokers, accountants superannuation trustees and investors said Stephen Jones proposals will drive up costs.
- Ronald Mizen
March
She made $600m selling fish oil. Now Jina Chen wants her company back
One of the country’s wealthiest immigrant families has pitted itself against investment funds controlled by Beijing in a fight over the future of Nature’s Care.
- Aaron Patrick
February
The sum you need to make it into the top 1pc in Australia
Joining the top 1 per cent of wealthy Australians became easier last year as the country’s rich were hit with a weaker Aussie dollar and slowing economic growth.
- Primrose Riordan
Sisters take on extended family to win $13.5m inheritance dispute
A sharp rise in blended families is creating complex legal issues, particularly for inheritance claims.
- Duncan Hughes
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
In his latest letter to shareholders, the legendary investor says there are only a handful of companies capable of moving the needle at Berkshire.
- Eric Platt
Where did all the billionaire families go?
Wealthy families’ assets usually dissipate over generations, not because they choose bad investments but because they concentrate their risk.
- Victor Haghani and James White
December 2023
- Exclusive
- Private schools
‘Unimaginable’: Newington mum speaks out against co-ed plan
A decision to admit girls to 160-year-old private boys’ school Newington College in Sydney has been a lightning rod for the broader community.
- Samantha Hutchinson
Jets, yachts and a $380 steak: this state is booming again
The strong iron ore price is tipping billions into government coffers, and bolstering profits for the big miners, helping the top end of town to continue splashing cash.
- Tom Rabe
November 2023
‘It was great newspaper fodder’: Village Roadshow CEO on family bust-up
A family feud threatened to break their hold on the entertainment industry. But the Kirbys are staging an unlikely comeback, albeit with a smaller piece of their empire.
- Primrose Riordan
Two Rich Listers make billions from Qld coal
Wealthy businessmen Sam Chong and Chris Wallin are the beneficiaries of big paydays from highly profitable Bowen Basin operations, despite softening prices.
- Updated
- Primrose Riordan and Joshua Peach
October 2023
A chicken heir, a Waterhouse and Ozempic: your Euro wedding bingo card
Getting married in Australia is so 2022. This year, all the best weddings were in one place and ticked plenty of the same boxes.
- Lauren Sams and Samantha Hutchinson
- Exclusive
- Rich List
Myer, Baillieu family’s wealth firm eyes commercial property
Mutual Trust is the country’s largest and most significant multifamily office. It says there are opportunities in the big fall in real asset values.
- Primrose Riordan
- Exclusive
- Rich List
Oatley family empire carve-up starts with vineyards
The heirs to a fortune assembled by Bob Oatley are already attempting to sell Hamilton Island, their largest asset, for more than $1 billion.
- Updated
- Primrose Riordan
September 2023
- Opinion
- Commercial real estate
A Hong Kong property billionaire with a big family dilemma
Younger heirs to the most established families need to prove business acumen is still in their DNA, amid rapid change in the economy and the financial world.
- Shuli Ren
Reclusive Sydney gambling mogul emerges as kingmaker in South Africa
Martin Moshal is the largest individual political donor in South Africa, according to electoral records analysed by a non-profit.
- Primrose Riordan
- Exclusive
- Tourism
Malaysian billionaires eye a bid for Hamilton Island
Not every sibling in the wealthy Oatley family is as enthusiastic to sell the prized asset purchased by Bob Oatley, the legendary sailor who died in 2016.
- Primrose Riordan