If you weren’t already feeling cash-strapped today, you’re about to. The annual BRW Young Rich List, which records the wealth of Australians aged 40 and under, has been released for 2016. At the top are two thirty-something Sydney lads who have led the list not once, not twice, not even three or four times…
With a combined wealth of $4.68 billion, Atlassian founders Mike Cannon-Brookes and Scott Farquhar nabbed the BRW Young Rich List’s top spots for a record fifth time in 2016. The duo share chief executive duties at the firm they founded in 2002, three years after meeting while studying business information technology at the University of NSW. Atlassian is best known today for its project management tool Jira and office messaging service HipChat.
Coming in at third and fourth is another pair, Dave Greiner and Ben Richardson of Campaign Monitor. Their software allows businesses to create and manage email marketing, and has earned them a combined wealth of $543 million. Perth property developer Paul Blackburne takes the fifth spot with his Blackburne Property Group and $483 million in the bank.
The remaining five spots went to an investor, another property developer, a tech entrepreneur, and two healthcare executives. The average wealth per person on the 2016 BRW Young Rich List is $123 million, up from $106 million last year. Add up all 100 names and you’re looking at a combined $12.3 billion and counting.
View the top 10 on the 2016 BRW Young Rich List above and check out the full list here.