Tech Money Dominates AFR Young Rich List For 2020

Ready to regret not learning code? AFR has published the Young Rich List for 2020 with an overwhelming 81% of the Top 100’s combined $39.6 billion wealth originating from binary.

In this year’s edition of the elite 40 and under titans, Atlassian Co-Founder & Co-CEO Scott Farquhar tops the list with $17.77 billion. While these figures are matched by his business partner Mike Cannon-Brookes, Farquhar’s counterpart turned 41 less than two weeks ago, which automatically disqualified the latter from being considered. Incidentally, Farquhar hits the big 4-1 next month. Timing is everything, I suppose.

#2, #3, and #4 spots represent a considerable drop from $17.77 billion but remain impressive nonetheless. The ranks are occupied by Canva’s soon-to-be-wed power couple / Co-Founders, CEO, & COO – Melanie Perkins and Cliff Obrecht – with a substantial $3.43 billion apiece; followed by Australia’s youngest self-made billionaire and Afterpay co-founder Nicholas Molnar at $2.22 billion.

Check out the Top 11 entrants from AFR’s Young Rich List for 2020 below.



Scott Farquhar (Tech) – $17.77 billion

Atlassian | Co-Founder & Co-CEO
Wealth last year: $13.22 billion
Age: 40

Melanie Perkins & Cliff Obrecht (Tech) – $3.43 billion

Canva | Co-Founders, CEO, & COO
Wealth last year: $1.35 billion
Age: 34 & 33

Nicholas Molnar (Tech / Financial Services) – $2.22 billion

Afterpay | Co-Founder & Global Chief Revenue Officer
Wealth last year: $564 million
Age: 30

Cameron Adams (Tech) – $1.12 billion

Canva | Co-Founder & Chief Product Officer
Wealth last year: $452 million
Age: 40

Laurence Escalante (Tech / Gaming) – $919 million

Virtual Gaming Worlds | Founder
Wealth last year: $57 million
Age: 39

RELATED: AFR Reveals The 10 Richest Australians In 2020

Peter Greensill (Agriculture / Financial Services) – $788 million

Greensill Farming & Greensill Capital | Co-Owner & Board Member
Wealth last year: $745 million
Age: 39



Ori Ollon (Tech) – $695 million

Compass | Co-Founder & Executive Chairman
Wealth last year: $747 million
Age: 40

Mitchell Harper (Tech) – $694 million

BigCommerce | Co-Founder
Wealth last year: $86 million
Age: 38

Ruslan Kogan (Retail / Insurance / Telecommunications) – $685 million

Kogan.com | Founder & CEO
Wealth last year: $332 million
Age: 37

Owen Kerr (Financial Services) – $617 million

Pepperstone | Co-Founder & CEO
Wealth last year: $470 million
Age: 36

You can check out the AFR Young Rich List for 2020 (Top 100) in complete detail here.