Josh Frydenberg was elected on Friday August 24 as the Treasurer of Australia and Deputy Leader of the Liberal Party.
Born in Melbourne in 1971, the 47-year-old is the son of Jewish immigrants from Hungary and Poland.
He is the son of a Holocaust survivor who fled to Hungary during World War II and vowed to spend ‘every waking hour’ delivering for the people of Australia.
Mr Frydenberg initially wanted to pursue a career in professional tennis, and took a year off studying to train at a tennis academy in Queensland.
He competed at satellite tournaments throughout Australia as well as other tournaments in Switzerland and Germany, before coming home to study.
He was educated at Mount Scopus Memorial College in Burwood, Melbourne, before he went on to get degrees in law and economics at Monash University.
Mr Frydenberg was then offered a scholarship to Oxford University in the United Kingdom and completed a Master of Philosophy degree in International Relations.
When he returned to Australia, he was admitted as a barrister and solicitor of the Supreme Court of Australia.
In 1999, he opted to enter government service and began as an advisor to Attorney-General Daryl Williams and later to Foreign Minister Alexander Downer until 2003.
He then served as a policy advisor to former Prime Minister John Howard from 2003 to 2005.
In 2005, he became the Director of Global Banking at Deutsche Bank, in their Melbourne office.
Just a year later, Mr Frydenberg launched an unsuccessful bid for a seat in the Australian Parliament, but was successfully elected as a member of parliament in 2010, representing the Division of Kooyong in Melbourne.
The ambitious politician was dubbed to be a potential future Prime Minister, and became the Assistant Treasurer of Australia in December of 2014, under Tony Abbott’s government.
He was later appointed as the Minister for Resources, Energy and Northern Australia in September 2015, after Malcolm Turnbull took over as Prime Minister.
In 2016, Mr Frydenberg became the Minister for the Environment and Energy.