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Yolanda Redrup

Rich List co-editor

Yolanda Redrup is the co-editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at [email protected]

Yolanda Redrup

This Month

Declan Sherman went from Sydney  to New York to Brazil with Macquarie before starting his own business.

This ex-Macquarie banker toned up Brazil – and made a fortune

When Declan Sherman moved to the Latin American country with the investment bank, he was inspired to show the locals a new way to exercise.

Stuart Cook with his wife Samantha at their vegan food business Flave.

Vegan chain collapses amid lack of appetite, Rich Lister dispute

Flave, started by Stuart and Samantha Cook in 2020, wanted to bring plant-based meat to the masses with a chain of vegan restaurants, but it struggled to attract customers.

August

Stake co-founder Matt Leibowitz.

This trader spotted a ‘really big gap’ – and made a fortune

Stake’s Matt Leibowitz loved his job as a derivatives trader, but when his friends started asking how to invest in US stocks, he saw an opportunity.

Gabriel Jakob in his office in Sydney.

This immigrant quietly made $550m. He has tips for making $1b

Gabriel Jakob is one of the most successful Australian entrepreneurs you’ve probably never heard of. Now he’s telling his story, but not posing for a full photo.

Brad Pillinger is one of the country’s top real estate agents.

From dropping pamphlets to selling $85m homes

His father was the first person in Australia to sell a house for $1 million. Brad Pillinger reflects on 30 years selling the country’s most expensive homes.

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Altium CEO Aram Mirkazemi came to Australia when he was 18 as a refugee from Iran. Now, he’s behind Australia’s biggest software deal.

How an Iranian refugee landed Australia’s biggest software deal

When Altium CEO Aram Mirkazemi landed at Hobart Airport as a refugee from Iran he had very little English, but six weeks later he was studying at university.

July

Eric Gao, founder and CEO of Boman Group is targeting $100m for a new fund.

Rich Chinese investors join $1b hunt for Aussie VC funds

A fund manager for rich Chinese investors is trying to raise $100m for venture capital investments, joining a crowd of operators trying to raise over $1 billion.

The Warwick brothers’ blockchain-based game Illuvium is launching on Thursday.

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.

Realbase co-founder Frank Greeff sold his company to Domain in 2022 for $180 million, then he decided to write a cookbook.

What it’s like to sell your tech start-up for $180m

For Frank Greeff, selling his real estate marketing company to Domain was the hardest thing he’s ever done, and after it happened he just went to bed.

Young Rich Lister and founder of LMCT+ Adrian Portelli.

They’re young, rich, and in the French Riviera

Cashed-up, glamorous young Aussies have descended on Saint-Tropez and Monte Carlo, spending their time on superyachts and at $1500-plus per night hotels.

Dan Fitzgerald’s regenerative tech fund ReGen Ventures successfully raised $90 million in 2021/22.

Aussie tech’s climate crisis as start-ups face capital crunch

At least 100 Australian climate tech start-ups need to raise capital in the next nine months to avoid going bust, but say the bar for investment is sky-high.

Colette Assaf and Charles Assaf  have built a network of childcare centres based on the Montessori method. Now, their daughter Mary Assaf and future son-in-law Christopher Omeissah are taking the approach to aged and disability care.

The education method that’s made this family millions

When Charles and Colette Assaf bought a Montessori childcare business in 2000, the IT entrepreneur never expected it would become his family’s future.

Australian-born Silicon Valley-based investor Peter Barrett was on the board of Univeral Hydrogen.

Fortescue, Playground-backed hydrogen flight start-up collapses

Universal Hydrogen had attracted almost $150 million in funding, including from Aussie Peter Barrett’s Playground Global, but it wasn’t enough for it to take flight.

June

Tim Gurner with AFR footballers Nick Daicos and Josh Daicos, high jumper Amy Pejkovic and influencer Phoebe Chakar, who will be part of his new SAINT club opening later this year.

Tim Gurner takes wellness ‘obsession’ to new level

After dropping nine years off his biological age by taking 35 supplements a day, the Rich Lister is starting a wellness club for a younger generation.

Square Peg Capital partner James Tynan has warned that smaller funds may be unable to raise.

Top VC admits newer Aussie funds will struggle to raise capital

Younger venture capital funds will be the next casualties of the tough capital raising environment, even if they’re performing well, a Square Peg partner says.

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Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar are still bullish on Atlassian’s outlook

Why Cannon-Brookes, Farquhar are down $15b in just two months

Concerns about Atlassian’s cloud growth rate have triggered a share sell-off, which has wiped a combined $15.4 billion off the valuations of its co-founders.

Linkby co-founders Andrew Chak, Chris Wirasinha and Adrian Fagerland have raised $4 million in Series A funding.

This ex-Young Rich Lister built a top media company, now he’s trying tech

Chris Wirasinha co-founded Pedestrian almost 20 years ago and bootstrapped the company until it was acquired by Nine. With Linkby, he’s taking a different path.

Georgia Geminder is carving her own path in business with Gem Oral Care.

This Rich Listers’ daughter is forging her own path in business

Georgia Geminder launched her own toothpaste at the start of 2020 after three years of research. Now she has found a new “boring” category to transform.

The first boat in production by Sam Beck’s KARVE Marine.

Can’t find the boat you want? For $2.3m, Sam will help you build it

Property development isn’t always a 9 to 5 job, Sam Beck says, so he created a hobby business custom-building multimillion-dollar catamarans.

  • Updated
GPN Vaccines, led by Tim Hirst, is developing a vaccination against Streptococcus pneumoniae, which causes middle ear infections, pneumonia and sepsis.

Aussie vaccine start-up scores $300m valuation

GPN Vaccines has raised $18 million in a round led by Forepont Capital and Kern Capital.