The 10 richest young Australians have been revealed, with tech moguls and entrepreneurs topping the list.
The Australian Financial Review shared the top dogs of its Young Rich List for 2024 on Thursday.
Among the rich-listers was a crypto gambling tycoon with a net worth of more than $4billion and the founder of a popular Mexican takeaway chain that rivals 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 $1billion added to their net worth this year thanks to the company’s continued growth.
Both Ms Perkins, 37, and Mr Obrecht, 38, have signed Bill Gates’ The Giving Pledge and vowed to donate the majority of their wealth to charity either throughout their lifetimes or in their wills.
Ed Craven – $4,768,000,000
Second to the Canva co-founders was crypto gambling tycoon Ed Craven, 28.
While Mr Craven is best known for co-founding Stake.com, which is not accessible to Australians due to licencing, he is also involved in Primedice.com – a bitcoin gambling site, and Kick – a streaming platform.
The young billionaire made headlines earlier this year after vowing to build the country’s most expensive home in Toorak, Melbourne, worth $145million.
The young founders of Canva, Melanie Perkins (pictured) and Cliff Obrecht, have topped the Financial Review Young Rich List for the fifth consecutive year
Second was crypto gambling tycoon Ed Craven, who made headlines earlier this year after vowing to build the country’s most expensive home in Toorak (pictured, the original home on the property)
Sam Prince – $1,809,000,000
Sam Prince is the doctor behind the creation of popular Mexican food chain Zambrero.
He began studying at the Australian National University at just 16 years old and graduated with a degree in Medicine and Bachelor of Surgery from Melbourne’s Monash University.
Dr Prince has 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, grew their wealth by an incredible 50 per cent in the last year in line with the valuation of their crypto gaming company, Immutable.
The platform assists in securely creating games for decentralised internet users, using Web3, and trades in Ethereum.
Jack Zhang – $1,344,000,000
Chinese-born Melbourne tech mogul Jack Zhang made his way onto the young billionaires list 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 is down 7.6 per cent compared to 2023 with Airwallex’s revenue growth having slowed.
Adrian Portelli (pictured) featured 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 for any fans of The Block after spending $16.65 million on four Block homes, has featured on AFR’s list for the second time.
The 35-year-old Gold Coast father is known for sharing his flashy lifestyle that has seen him dubbed ‘Lambo Guy’ and hosting luxury giveaways under his membership-based business, LMCT+.
He is also a property investor and co-founder of beverage brands Flipside Energy and Lets Gee Up.
Robert Chamberlain – $1,222,000,000
Mr Chamberlain has spent over 21 years working in the travel sector and created Huno Group, a collection of travel websites, in 2003 to help travellers take control of their holidays.
The company last financial year made more than $186 million in revenue, up 25 per cent compared tot he year prior, and $70.8 million in net profit.
Nick Molnar – $1,142,000,000
Afterpay co-founder Nick Molnar was the last billionaire featured on the annual list.
Mr Molnar was recently promoted from Afterpay, which allows customers to pay for purchases in installments rather than upfront, to become head of sales at Block – Afterpay’s parent company.
In August it was reported Mr Molnar would be reporting directly to Block chief executive 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 favourite Mexican chains – Zambrero, was third on the list
Jacob Dai – $898,000,000 – and Max Li – $716,000,000
Taking the last two spots on the top 10 list were Mr Dai and Mr Li, aforementioned Mr Zhang’s fellow Airwallex co-founders.
Mr Dai holds the position of chief technology officer within the company while Mr Li is its head of design.
***
Read more at DailyMail.co.uk