Moshal and Morris make their debut: The 100 richest young people in Australia revealed

Finance and fintech entrepreneurs have taken the list of Australia’s 100 richest self-made young people by storm this year, accounting for more than a third of newcomers, while a number of debutants from last year have held their spots.

Released in full today, the 2018 Australian Financial Review Young Rich List is headlined by Atlassian founders Mike Cannon-Brookes and Scott Farquhar, but a host of other founders have also made the cut.

Last year’s debutants Vinomofo co-founder Justin Dry and Showpo chief Jane Lu made the list for the second time, while Adore Beauty founder Kate Morris and husband James Height made their debut, ranked 87th with an estimated wealth of $30 million

Earlier this week Morris decided to take advantage of her company’s strong financial position by doubling the domestic violence leave available to her employees.

Morris makes up one of just 10 women on the rich list though, once again revealing a stark gender disparity among the most wealthy young people in Australia.

Finance and fintech entrepreneurs dominated the new entrants though, accounting for more than a third of the 21 newcomers. Read more

Matthew Elmas -  Smart Company - 26 Oct 2018

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