Japanese brewer’s $1.9 billion bid for Aussie giant

Japanese company Kirin – best known in Australia for owning beer giant Lion (owner of Aussie beer brands XXXX, Hahn and Tooheys) – has made a bid to buy iconic Australian vitamins company, Blackmores for $1.88 billion. While the deal still needs to go before shareholders and the corporate regulator, Blackmore’s board of directors is […]

Meet the mother-daughter duo at the helm of this $800 million bakery

For more than 40 years, this mother-daughter duo has been at the helm of Australia’s most successful bakery franchise. Bakers Delight was founded by Lesley Gillespie and her husband, Roger, in 1980, and today their daughter Elise Gillespie runs the $800 million company with her husband, David Christie. They explain the secret to the success […]

Life and stock lessons from a billionaire value investor Mario Gabelli

Mario Gabelli, chairman and chief executive officer of Gamco Investors Inc., center, during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., on Friday, April 29, 2022. After hanging in the shadows for most of the pandemic, Warren Buffet and his deputies have been ramping up Berkshire Hathaway Inc.s […]

Ares Management turns private credit into Wall Street’s sexiest business 

Megadeals and private equity titans may dominate the headlines. Still, Los Angeles’ Ares Management has quietly amassed US$352 billion in assets by offering steady returns regardless of what happens in the stock market. Subscribe to Forbes Australia for full access to this and all articles today Subscribe     Already a subscriber? Sign In  

Christine Holgate.

She Who Delivers: The story behind Christine Holgate’s fall and rise

After a turbulent ending to her tenure as Australia Post’s CEO, Christine Holgate has re-emerged as the driving force behind the resurrection of staggering logistics giant, Toll Global Express. Since taking the helm in September 2021, Holgate has increased revenue by 16 per cent and halved staff turnover with the promise of profitability in the […]

‘There’s no ego’: Inside the meteoric rise of Fisher’s seltzer side hustle

Surf, sounds and NFTs collide in a new-wave, better-for-you movement. Australia’s appetite for alcohol is changing. Known throughout the world for our love of an icy, cold, beer after a hard day’s yakka (work), there’s a swelling movement towards drinking better. Premium brands are in, but also, low sugar, low calorie, low carbohydrate and sometimes […]

Forbes billionaires 2023: The 25 richest people in the world

They’re $200 billion poorer than last year, but still worth $2.1 trillion. It was a down year for many of the planet’s 2,640 billionaires–including those at the very top of the top. The 25 richest people in the world are worth a collective $2.1 trillion, according to Forbes’ World’s Billionaires list, released Tuesday–down a combined $200 […]