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Rich families

Today

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

This Month

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

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
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‘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

Collapsed Dion Lee owes $20m to Levis family’s Cue

An entity linked to Cue extended $20.3 million in working capital and funding since January 2022, making it Dion Lee’s number one creditor ahead of the Commonwealth Bank.

  • Vesna Poljak and Carrie LaFrenz

Why parents are forking out $40k for their kids to live on campus

Residential colleges used to be the preserve of country boarders and blue-blood families, but there’s a growing trend among parents who want their kids to have the kind of university experience they had.

  • Michelle Bowes

Nine tips for creating a successful family dynasty

Most dreams of creating a family dynasty are dashed within decades but a solid succession plan can save money and grief.

  • Duncan Hughes

May

How the Turner women are creating a legacy beyond Flight Centre

Graham Turner may have turned Flight Centre into a household name, but wife Jude and daughter Jo have a different approach to business.

  • Yolanda Redrup

What Rich Listers think about money – and what they teach their kids

Nine of Australia’s wealthiest people reflect on their journey with money and whether material success leads to a rich life.

  • Michael Bailey, Lauren Sams and Yolanda Redrup
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Inside the great Rich List wealth transfer

Control of vast business empires is passing to a new generation, forcing families to confront the hard questions around succession planning. Of the 200 richest Australians, 45 are over 80 and control $136.1 billion.

  • Yolanda Redrup

There are 635,000 rich Australians. Are you one of them?

Once, being a millionaire made you wealthy. But the goal posts have shifted, and a two-storey house with in-ground pool doesn’t really cut it any more.

  • Michelle Bowes

From Sali to Bastas – billionaires’ adviser Adam Gregory jumps ship

Gregory’s remit will be to assist with capital planning and hunting down acquisition opportunities at DBG, which also includes other businesses like VidaCorp.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Gambling mogul lists superyacht at $10m, starts retailing supercars

A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.

  • Primrose Riordan

The Spanish family who netted $18.5b from a beauty IPO

Members of the Puig family, who made their fortune in perfume and cosmetics, are billions of dollars richer after Europe’s biggest listing this year.

  • Ben Stupples and Clara Hernanz Lizarraga