Forbes Australia

Jeff Bezos looks on as Donald Trump speaks during a meeting with technology executives about artificial intelligence at the White House

The billionaires winning and losing big after the midterms

Here’s who’s set to come out on top.

Featured

David Jones collapses into administration weeks before Christmas

Chris Lucas

How Chris Lucas built a restaurant empire by thinking like a property developer

President Donald Trump at a visit to Thermo Fisher Scientific in Ohio

Trump congratulates Democrats, says he accepts election results

Canva layoffs impact 1,200 after design giant’s ‘hardest year yet’

A man with curly dark hair and glasses, in a navy pinstripe jacket and white shirt, leaning on a black reflective table

Inside Silicon Valley’s love-hate relationship with Anthropic

Life

JAR chalcedony ring with a 10.10-carat fancy intense orangy pink diamond

Pauline Karpidas’ jewels could fetch $10 million at Sotheby’s

Hiromi Kanagawa, Senior Executive Vice President of Seiko Group

Seiko’s Hiromi Kanagawa on bringing Japanese watchmaking to life

The Watch Keepers, the digital platform for Audemars Piguet's Certified Pre-Owned program

Audemars Piguet launches online certified pre-owned program

The Patek Philippe Ref. 5531G-012 Minute Repeater World Time from the Rare Handcrafts collection

Patek Philippe releases 7 limited editions in Milan

The 1992 Batmobile from Batman Returns

Michael Keaton’s 1992 Batmobile heads to auction, could fetch $7 million

Maserati Grecale and GranCabrio on the road in Malibu

One afternoon, two 2027 Maseratis

Issue 25

Morris of Rutherglen

The family that keeps turning up at the winery they haven’t owned for 56 years

Rick Stein reveals his favourite city, car and dream dinner guests

Graphic illustration of dice and board game

Where I’m putting the money: Simone Haslinger

From Synchron to Australian Ultra Bionics

Dali Kaafar centre with Brad Joffe (left) and Peter Eckermann.

How a Sydney professor built an AI army to scam the scammers

She was once asked to fetch coffees. Now Liz Westcott runs Australia’s largest energy company

Billionaires

Jeff Bezos looks on as Donald Trump speaks during a meeting with technology executives about artificial intelligence at the White House

These billionaires are winning – and losing – big after Democrats sweep midterms

Illustration of Elon Musk's political spending in the 2026 midterms

Elon Musk’s $458 million midterms bet bought him very little

Larry Ellison speaking at the White House

Larry Ellison’s net worth falls $11 billion as Oracle shares plummet to four-month low

Mukesh Ambani at a book launch event at the Bombay Stock Exchange in Mumbai

Mukesh Ambani becomes Asia’s richest person after $8.5 billion gain

Ranked: The highest-paid dead celebrities of 2026

Here are the billionaires who will pay the most if California’s wealth tax passes

Entrepreneurs

How Alchemy Charge is transforming standard sockets into commercial EV chargers

They grew up amid blackouts. Now they’re developing AI to keep the lights on

The Allis Family

How this Boost Juice heir walked away from Yo-Chi – and still made millions

Sam Bankman-Fried bought his first startup. Now, Airwallex is betting millions on his next

Tim Doyle believed Eucalyptus could hit $10 billion. Here’s why he sold it for a fifth of that

How bootstrapped wellness startup KIC is building the female hydration market

Innovation

Traversal cofounders Anish Agarwal, Raj Agrawal, Raaz Dwivedi and Ahmed Lone

The billion-dollar business of fixing what AI builds

A student uses a Chromebook during a lesson

Google to cut AI-free search for schools that block its generative AI

Apple CEO John Ternus at an Apple product launch event

Apple warns memory costs are climbing and will squeeze prices

Microsoft offers a voluntary buyout package to employees

Microsoft offers buyouts to 25% of company

Apple’s iPhone sales hit $57.6 billion in fourth quarter, topping estimates

Sharon AI to turn former paper mill into ‘landmark’ data centre campus

BrandVoice

How SyncTech is turning property data into more informed insurance decisions

Roborock’s Quan Gang on why smarter robots should demand less from us

The F1 advantage: Pepperstone accelerates its global ambitions

Investing

Traders work on the floor of the New York Stock Exchange

Tesla, SpaceX and AI stocks slide after Democrats take Congress

Hilary Knight of Team USA celebrates a gold medal at the 2026 Winter Games

Olympic committee could sell commercial stake in Team USA – for billions

Sydney Harbour and the city skyline including the Salesforce Tower

Indonesian tycoon Mochtar Riady’s OUE REIT boosts stake in Sydney skyscraper in deal valued at $607 million

Live: RBA hikes cash rate to 4.85% – the highest since 2008

Google parent’s stock tank erases nearly $500 billion in second-biggest daily market cap loss ever

DoorDash will acquire Instacart in $17 billion deal

Leadership

The personal branding paradox: Why imperfection makes you perfect

A Forbes Asia Power Businesswomen 2026 honoree

Forbes Asia’s Power Businesswomen 2026

NAB to cut 2,500 roles in restructure amid economic turbulence

Australia’s top companies for women in 2026

OpenAI reportedly fires 3 researchers over allegedly mishandling confidential information

‘Culture clash’: Inside three years of transformation and tumult at Xero

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