And these Australian adult kids will rise to amass a huge fortune – as their high-profile parents take the lead as some of the country’s wealthiest people. As the millennials – aged between 18 to 20 – lead a very modest lifestyle away from the spotlight, FEMAIL has rounded up the rich kids of Australia you probably never heard of. Her father is highly regarded in the industry as one of Australia’s most influential investment bankers. He purchased an $11 million mansion in the exclusive harbourside suburb of Mosman in 2017, and a holiday home, next door to tennis legend Lleyton Hewitt, at Palm Beach for more than $4 million. His daughter Chloe graduated from one of Sydney’s most prestigious girls’ schools Kambala in 2017 after she was placed on the ‘all-round’ achievers list.
The heir of a condom empire and the glamorous daughter of one of the country’s richest men are among the super-wealthy younger generation flying under the radar in Australia. Daily Mail Australia has rounded up the second generation of the nation’s money makers who have emulated their wealthy parents in the business world. She 24, has followed her father Ian Malouf, who sold his waste management company Dial A Dump for $577million in 2018, into his yacht-charter business. She is the head of charter for Ahoy Club – dubbed the Airbnb for super yacht owners – after her father’s sale landed him at 188 in last year’s Australia’s Richest 250 list.