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Investing

Why are there suddenly so many self-made billionaires under 30?

Fuelled by AI, prediction markets and online gambling, there are more self-made billionaires under 30 than ever before, 13 up from a previous record of 7.

  • By Matt Durot
  • Forbes Staff
30 under 30 Out now

The 10 most-read stories on Forbes Australia in 2025

From rich lists and tech entrepreneurs to the safest countries in the world – here are the 10 stories that Forbes readers loved in 2025.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Woodside Energy’s Meg O’Neill named BP CEO as Murray Auchincloss exits

A shock departure of BP CEO Murray Auchincloss was announced by the FTSE 100 energy major on Wednesday, just hours after the close of trading in London.

  • By Gaurav Sharma
Chris Minns & Ahmed al Ahmed

Bill Ackman, Guy Oseary and 44k others raise $2.6m for Bondi hero Ahmed al Ahmed

Heavyweights from Wall Street and the music industry have joined thousands of everyday Australians raising funds for Ahmed al Ahmed, the hero who tackled and disarmed a terrorist on Bondi Beach.

  • By Shivaune Field
  • Business Journalist

Asides

Elon Musk just became the first person ever worth $600 billion

The world’s richest person just hit another major milestone thanks to the soaring valuation of his rocket maker SpaceX.

  • By Matt Durot
  • Forbes Staff

Netflix ‘super confident’ in Warner Bros. deal after Paramount’s hostile bid

Netflix last week announced it would acquire Warner Bros. in a $83 billion deal.

  • By Mary Whitfill Roeloffs

Why the 2026 startup boom will be circular

Carolyn Breeze, CEO of ASX-listed investment & advisory firm, Scalare Partners, imagines a circular startup economy where every dollar, lesson, and relationship feeds back into the next wave of founders.

  • By Carolyn Breeze
Elon Musk is still the world's richest person.

The Top 10 Richest People in The World (December 2025)

There’s a new No. 2 on Forbes’ ranking of the world’s wealthiest people.

  • By Forbes Staff

How two grads built a $2 million fund for student startups – and there’s more to come

Mitchell Hughes and Jerry X’Lingson launched NextGen Ventures in late 2024 to invest in student founders. Backed by Blackbird’s Niki Scevak and dozens more LPs, NextGen is on a mission to make Australia the best place to build.   

  • By Anastasia Santoreneos
  • Journalist & List Editor
Cursor cofounders Aman Sanger, Arvid Lunnemark, Sualeh Asif and Michael Truell (left to right) met at MIT and decided to build Cursor, an AI coding tool that's now valued at $29.3 billion. The cofounders are newly minted billionaires thanks to its latest fundraise, according to Forbes estimates.

Four cofounders of popular AI coding tool Cursor are now billionaires

The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.

  • By Rashi Shrivastava
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