Over the next decade, Elon Musk could become the world’s first trillionaire. The Tesla board recently proposed a US$1 trillion (A$1.5 trillion) compensation plan, if Musk can meet a series of ambitious growth targets. Australia’s corporate pay packets aren’t quite on that scale. Yet even here, it was recently reported departing Virgin chief executive Jayne… Read more »
Just for a moment last week, Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest person. The octogenarian tech titan briefly overtook Elon Musk after Oracle’s share price rocketed 43% in a day, adding about US$100 billion (A$150 billion) to his wealth. The reason? Oracle inked a deal to provide artificial… Read more »
The dramatic shift from mining and property to technology to generate wealth in Australia has made Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, and Canva’s Melanie Perkins and Cliff Obrecht among the country’s top 10 richest people. The Australian’s 2022 edition of The List – Australia’s Richest 250, to be released on Friday, names Hancock… Read more »
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