Putting the magic into unicorns

How hard work and a sprinkle of fairy dust turned an idea into a $2.3-billion business within months. Magic Eden founder Sid Zhang would like to thank the Victorian education system for landing him where he is today – a founder of the eighth-fastest company to reach a billion-dollar valuation.   Zhang couldn’t believe how little […]

Car Next Door takes a ride with Uber

Will Davies describes the culture shock of staying on after selling Car Next Door to the ride-share giant. At parties, Car Next Door founder Will Davies can tell that people don’t quite know how to word the question, awkward with the nuances. “They’ll say: ‘So I’ve heard you’ve merged with Uber.’ And I say, ‘I’ve […]

The miners digging to crack China’s rare-earth stranglehold

How Australia is undermining China’s monopoly on the minerals that will be crucial for energy transition. When Luca Giacovazzi explains why rare earths are so important to the future of the planet, he likes to bring up the small electric motors that push water through heating radiators. “Not that long ago, the EU legislated that […]

Kylie Minogue wine label

Did you hear the one about Ian Botham and Kylie Minogue?

Paul Schaafsma on the power of celebrity – and stories – when it comes to selling wine. Winemaker and entrepreneur Brian McGuigan was signing bottles and talking to customers at a drive-through bottle shop in Sydney suburbia one rainy night. His operations manager, Paul Schaafsma – the man who would one day create the Kylie […]

Tim Gurner’s quest for peak performance

Facing financial ruin in 2016, property developer Tim Gurner decided the only way to survive was to tune his mind and body to peak fitness. He’s now using the lessons he learnt to create a multimillion-dollar wellness and fitness business, as he reveals exclusively to Forbes Australia. Subscribe to Forbes Australia for full access to […]

Australia's most expensive steak

At $875, is this Australia’s most expensive steak?

If you are on the prowl for a deluxe piece of beef, here’s some places to hunt down. This gold-leaf encrusted wagyu tomahawk from Sydney’s Botswana Butchery was Australia’s most expensive steak, according to a Forbes Australia investigation into the top end of the local beef market.   The 1.6kg bone-in ribeye comes from an animal […]