Australia's richest people under 40 revealed in new list

Thursday, 30 October 2025 10:05

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.

Combined, the fortunes of the top 10 hit $31.7 billion, up 9.7 per cent from $28.9 billion in 2024.

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.

Basketball star Ben Simmons (20th) is Australia's richest young sports star, worth a tidy $260 million.

Margot Robbie at the Chanel Womenswear Spring/Summer 2026 show as part of Paris Fashion Week on October 6, 2025 in Paris, France.

Retired F1 driver Daniel Ricciardo (35th with $194 million), golfers Cameron Smith (41st with $176 million) and Jason Day (42nd with $167 billion), and F1 driver Oscar Piastri (56th with $122 million) also appear.

Piastri is one of 22 debutants on this year's list, a group collectively worth about $4 billion and which also includes The Block judge Marty Fox.

To 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."

The full list will be available on the AFR website tomorrow.

The Financial Review Young Rich List 2025's top 10

Melanie Perkins and Cliff Obrecht, 38 and 39, $18.5 billion – Canva
Ed Craven, 30, $4.6 billion - Stake.com
Robbie and James Ferguson, 33 and 28, $1.7 billion - Immutable
Adrian Portelli, 36, $1.4 billion - LMCT+
Jack Zhang, 40, $1.3 billion - Airwallex
Nick Molnar, 35, $1.1 billion – Block
Andrew Tulloch, 35, $953 million - Thinking Machine Labs, Meta
Paul Stovell, 39, $637 million - Octopus Deploy
Jessica Sepel and Dean Steingold, 36 and 40, $486 million - JSHealth
Nik Mirkovic and Alex Tomic, 30 and 32, $470 million each - Hismile

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