The list of richest young Australians has been revealed with some surprising names in the mix. The 2024 Australian Financial Review Young Rich list reveals the 100 wealthiest self-made people aged 40 and younger. The ranking is dominated by tech entrepreneurs, like Canva’s Melanie Perkins who shares her $14.
01 billion fortune with partner Cliff Obrecht, and Immutable co-founders James and Robbie Ferguson who are worth a combined $1.71 billion. However, there are also plenty of well-known influencers who made bank this year, helping set a new record for the list’s total wealth figure of $41.
7 billion. According to the publication, social media influencer turned fitness mogul Kayla Itsines is the 34th richest young person in Australia, with an estimated net worth of $171 million. Ms Itsines is the co-founder of the fitness app Sweat, which charges its one million members $24.
99 per month in exchange for fitness and meal plans, shopping lists and exercise advice. Her former fiance and co-founder, Tobi Pearce, who is now married to fellow fitness queen, Rachel Dillon, is a passive investor and sits just below his ex on the list at number 35. Ms Itsines and Mr Pearce initially sold the company in 2021 in a deal worth $400 million but bought it back for what’s believed to have been a fraction of this price.
Both co-founders have also amassed significant wealth through their impressive real estate investments. Coming in at number 44 was Instagram influencer and swimwear brand .