If we combine all 100 Australian young entrepreneurs together, their capital are worth 13.2 billion dollars. But how does the person who file this report list them and base on what factors?
" The people's wealth on the Young Rich is all based on value of their company or businesses, so it's all round getting a value of that company, be it from investments from outside, like venture, capitalists, or when they sell their business", said Rich List editor John Shensholt.
Among 100 young Australian entrepreneurs who top 100 Rich List are business like co-founder of Airtasker, Tim Fung, which provides services like setting up TV on the wall, to assemble furniture or move things around which charges people for services. This business earn up to $90 million for Australia workers.
Nick Mirkovic 22 and Alex Tomic 24, the youngest Australian entrepreneurs who has set up Hi-Smile company which is another one that top the list with their market value at $ 41 million. It provides teeth-whitening products and using social media to help their marketing.
Melbourne property Tim Gurner is number 5 with a wealth of $465 million. Web marketing Campainge Monitor founded by Dave Griener and Ben Richardson combined a wealth of 607 million dollars and came at 3 and 4.
But top of the list is Mike Cannon-Brookes and Scott Farquhar with capital worth of 6.1 billion from their com pabny Atlassian.
Mr. Shensholt said that it is disappointed that there are only female technology start up that top the list, however more and more investors are investing more capital into their companies.
