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How some Rich Listers doubled their fortune in 2023 while others fell
Primrose Riordan and Andrew Turner
Atlassian founders Scott Farquhar and Mike Cannon-Brookes start the new year a collective $16 billion richer, as the boom in IT stocks burnishes the fortunes of the country’s top tech entrepreneurs.
Mr Farquhar’s riches soared from an estimated $15.5 billion to $24.1 billion, in the year to December 31, while Mr Cannon-Brookes’ paper wealth grew from $16.3 billion to $24.5 billion – thanks to Atlassian’s booming share price, the latest data from the Financial Review Rich List reveals.
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