Crypto casinos, chart-topping rappers, and record-breaking mansions: the newest entries into Forbes Australia’s 50 Richest, Ed Craven and Bijan Tehrani, on how they skated the edge of legality to build their combined US$5.6 billion fortune. This story featured in Issue 15 of Forbes Australia. You can grab your copy here. Ed Craven is still an […]
Shelley Sullivan, founder of cosmetics brand, MCoBeauty, has sold her 50% remaining share in the business she founded just five years ago, after turning it into Australia’s top-selling beauty brand. Shelley Sullivan stepped down as CEO of MCoBeauty on Friday, after selling the business at a valuation “north of $1 billion” to DBG Health’s Dennis […]
With a string of Barrier Reef islands lying derelict after cyclones and neglect, Hook Island is bucking the trend to make a comeback as a luxury eco resort in the Whitsundays. Hook Island hasn’t seen a tourist for 12 years, after being smashed by Cyclone Anthony in 2011, but when Epochal Hotels’ CEO Glenn Piper, […]
It’s been a good summer for Australia’s $27 billion caravan industry recovering from a post COVID-19 slump. Grant Wilckens remembers schlepping around Sydney trying to raise money for his little caravan park empire back in the early 2000s and it was so hard. No one was interested in the second-tier asset. Now caravan park owners […]
Even if Donald Trump did end the Ukraine war, like he promised to do within 24 hours of entering the White House, DroneShield would be unaffected, says its Sydney-based CEO. DroneShield CEO Oleg Vornik gets why his company is seen as a meme stock. Its share price soared in 2024, increasing 10-fold on the ASX […]
Nuclear certification has meant a 120-fold increase in this defence tech’s “opportunity pipeline” as Australia prepares to spend up to $368 billion on nuclear submarines. Small defence tech startup UBH is the first private company in Australia to get the certification that will probably be needed to work on nuclear submarines. After receiving the ISO19443 […]
The nuclear power lobby thinks Miss America can change Australians’ minds on nukes – and by the way, she’s a nuclear engineer. The 2023 Miss America, Grace Stanke, was surprised to learn that nuclear power was a hot political debate in Australia. “Here in America, it’s a very bipartisan issue,” she said. “It’s one of the […]
Carbon emissions are the easy part. Fair Supply also wants to find the endangered frogs and the enslaved people in your supply chain.
Even those whose lives are devoted to the wellness of others can struggle to keep their own goals on track. Here’s what eight wellness entrepreneurs are setting their focus on in the new year.
Cultured butter favourite Pepe Saya has teamed up with the people who time forgot to crack the US market. Brother Daniel looked right at home strutting Sydney’s groovy inner-west Enmore Road, wearing a black vest, black hat, and black pants. But, being a member of the “plain people”, the Protestant groups characterised by their rejection […]