Yesterday
- Exclusive
- Gaming & wagering
Laurence Escalante’s VGW bulks up exec ranks as casinos bristle
Virtual Gaming Worlds was one of the early beneficiaries of a US legislative loophole in states where gambling is otherwise banned. It’s now under attack.
- Primrose Riordan and Zoe Samios
This Month
Signs you’re raising entitled brats (and how to avoid it)
Keeping children grounded and helping them understand the value of money is a perennial problem for wealthy parents. This dad reckons he has the answers.
- Michelle Bowes
Montessori Academy childcare founders reclaim control
Street Talk wouldn’t be surprised to see bankers add Montessori Academy to their list of IPO prospects as 95 per cent of the business transfers to the founders.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Case closed: Escala loses bid to restrict defecting partners
Paul Sealey and Jonathan Vickers‑Willis defected to rival LGT Crestone in 2023 amid a spate of departures.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Hoteliers lodge at Hudson House, headquarters of the very rich
The Australian Hotel Association has outbid four prominent families to secure a third floor at the exclusive home of Australia’s richest family offices.
- Campbell Kwan
October
I’m paid $99,170 as a nanny – the kids like me more than their parents
My employers tend to work in high-powered finance jobs. The money and lifestyle may seem envious, but they are never there for their children.
- MaryLou Costa
Inside the portfolios of the nation’s 690,000 rich investors
An extra 55,000 people joined the ranks of the high net worth investors this year, bringing the total number of rich Australians to 690,000. This is what their portfolios look like.
- Michelle Bowes
What about me? UBS, Credit Suisse tech integration misfires with advisers
Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse platform.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
- Exclusive
- Rich Listers
How the wealthy daughters of Westfield co-founder John Saunders invest
Previously unreported filings for Terrace Tower, owned by the late businessman’s family, reveal assets worth $1.85 billion. But it has been a bumpy two years.
- Primrose Riordan and Ronald Mizen
- Exclusive
- Rich Listers
Rich Lister wealth secrets revealed after 30-year loophole ends
Two years after removing an exemption that allowed Australia’s richest families to keep details of their private companies secret, their financials are filtering through.
- Ronald Mizen and Tom McIlroy
Downton Abbey but with NDAs: how to be a butler to the super-rich
At an elite academy in the Netherlands, the archaic art of buttling is being reinvented for the 21st century.
- Will Coldwell
Former La Trobe boss eyes next fortune – as US oil and gas baron
Two years after leaving the company his father founded, Greg O’Neill has emerged as a big shareholder in group that has secured leases out from under Chevron.
- Joshua Peach
Macquarie vets CommBank’s ultra-high-net-worth advice business
Street Talk understands Macquarie is circling the disenfranchised group and seeking meetings with management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
He planned to give $20b to his gardener. Now he’s lost it all
Nicolas Puech was already an outcast in the $237 billion Hermes family. But what happened to his billions of dollars in shares is a mystery.
- Tara Patel
- Exclusive
- Rich Bosses
The secrets to becoming a rich boss
There are good reasons why tech companies dominate this year’s Rich Bosses list.
- Patrick Durkin and Sally Patten
‘It’s insane’: The secret world of tutors to the super-rich
For the children of the ultra-rich, education involves family tutors who fly with them around the world, with the best tutors earning $500,000 salaries.
- Mattie Brignal
Britain’s ultra-rich ‘non-doms’ prepare to flee Labour tax rise
Living in the UK but not legally domiciled, they pay more than £8 billion in taxes a year, and now Keir Starmer’s new government plans to increase their levies.
- Ben Stupples
Australia will have 400,000 new millionaires by 2028
Buoyed by property and super, Australians have become the second-richest people in the world, on paper at least.
- Lucy Dean
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.
- Yolanda Redrup
June
Forrests’ beachfront hotel plan dumped by council
Plans by billionaires Andrew and Nicola Forrest for a boutique four-storey hotel near the beachside home they once shared have been rejected by a local council.
- Brad Thompson
