Stonepeak CEO and co-founder Michael Dorrell

Australia’s $12.5 billion man you’ve never heard of

From a 25-year-old Macquarie banker sent to crack America’s infrastructure market to the founder of a US$72 billion powerhouse, Michael Dorrell has quietly built one of the world’s most successful investment firms – and is now turning his sights back to Australia. This story features on the cover of Issue 22 – out now. Tap […]

Hill-Smith Yalumba

From flagons to fine wine: How to keep a business in the family for 177 years

From a bruising family buyout to a sustainability revolution, Yalumba’s Hill-Smith family is playing the long game. Robert Hill-Smith doesn’t shy from the word “ambush” to describe what he did with his cousins – his friends – when he gathered them at a house in the Yalumba “Compound” to tell them he wanted to buy […]

The 7 rules that built Wikipedia – and the one that nearly killed it

Wikipedia and Fandom founder Jimmy Wales has distilled decades of building into seven rules. But the most important lesson came from getting it wrong. Before Wikipedia became a global phenomenon, there was Nupedia – an attempt to build a rigorously vetted online encyclopedia that, in a seven-step scrutiny process, required contributors to fax in their […]

Grace Forrest

Still in chains: why reporting laws aren’t ending modern slavery

Grace Forrest wants company directors and CEOs fined for failing to act on enslaved people in their supply chains. When you can buy a T-shirt for less than a sandwich, assume that slave labour has been used to make it, says Walk Free founder Grace Forrest. But even luxury goods should be presumed guilty, she […]

How rich are Australians, really?

Australia ranks among the richest countries in the developed world. Data journalist Juliette O’Brien compares the country with its peers and finds a lopsided portfolio that leaves much of that wealth out of reach in daily life. This story features in Issue 21 of Forbes Australia. Tap here to secure your copy. Australia occupies an enviable […]