Technology was far and away the most dominant industry for creating young wealthy Australians, with 56 of the top 100 people involved in tech, and 81 per cent of the sheer wealth on the list is linked to the industry. The AFR Young Rich List has two basic rules: A person must be aged 40 and under and they must be self-made – those who have inherited their wealth do not count. Other notable inclusions were Miranda Kerr (aged 37) at number 41 with $120 million, Chris Hemsworth (aged 37) at number 47 with $90 million and Margot Robbie (aged 30) at number 64 with $55 million.
Rich List co-editor Julie-anne Sprague said the list showed massive wealth can be built on good ideas and a solid work ethic. “There’s a consistent theme among those debuting on our Young Rich List and that is to back yourself 100 per cent,” Ms Sprague said. “Many of them started with nothing more than an idea and a garage to work out of but have gone on to forge incredible fortunes.” Australia is known for its laid-back lifestyle, stunning coastlines, and thriving cities — but behind the sun-soaked beaches and surf culture lies a different world: the lives of Australia’s wealthiest young people, often referred to as “rich kids.”
