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Australia’s top 10 richest people under 40 revealed

Last updated: October 30, 2025 5:55 am
Published: 4 months ago
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The tech sector continues to dominate the Financial Review's Young Rich List for 2025.

Canva co-founders Melanie Perkins and Cliff Obrecht remain at the top of the Australian Financial Review’s Young Rich List for the sixth year running, and it doesn’t look like their crown is going to be threatened any time soon.

The AFR’s 2025 list, which ranks the wealthiest Australians under the age of 40, put the couple’s estimated net worth at $18.5 billion. Second on the list was Ed Craven, co-founder of online cryptocurrency casino site stake.com with an estimated $4.6 billion.To put that in perspective, the AFR estimates Perkins and Obrecht grew their fortune by $4.5 billion in just the past year. Robbie and James Ferguson of cryptocurrency and blockchain company Immutable are in third with a combined net worth of $1.7 billion, followed by businessman Adrian Portelli with $1.4 billion.Outside the top 10, other familiar names appear. Margot Robbie remains Australia’s richest entertainer under 40, listed at 36 with an estimated fortune of $193 million.Retired F1 driver Daniel Ricciardo , golfers Cameron Smith and Jason Day , and F1 driver Oscar Piastri also appear. Piastri is one of 22 debutants on this year’s list, a group collectively worth about $4 billion and which also includesTo qualify for the Young Rich List in 2025, people needed a fortune of at least $44 million, up from $38 million in 2024.The tech sector’s dominance continued, contributing more than $28 billion, or 62 per cent, of the total net worth of the list in 2025. “It’s been another record-breaking year for the wealthiest Australians aged 40 and under, whose collective fortunes have risen 1700 per cent in the 22 years since the first Young Rich List was published by BRW,” Rich List editor Yolanda Redrup said. “When the list launched in 2003, the total net worth of the 62 people featured was only $2.5 billion.”Andrew Tulloch, 35, $953 million – Thinking Machine Labs, MetaJessica Sepel and Dean Steingold, 36 and 40, $486 million – JSHealth: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on theWhile kangaroos and possums are a fixture on Australian roads, they’re also a hazard. So, should you swerve to avoid wildlife?

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