Myopharm Phoenix and Mark Cooper

Daily Cover

The Aussie biotech betting on life after Ozempic

“Some investors are getting injections weekly into their eyeballs, and they say, ‘We can’t wait for a drug like this/”

Featured

Australia’s Richest People

56 Billionaires in Australia· $239.0B Combined Wealth· $52B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): David Teoh, +$30.4M· Biggest Loser (24 hrs): Mario Verrocchi, -$127.0M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $25.1B· 56 Billionaires in Australia· $239.0B Combined Wealth· $52B Total Wealth of Women Billionaires· 13 Made Their Fortune in Mining· Biggest Gainer (24 hrs): David Teoh, +$30.4M· Biggest Loser (24 hrs): Mario Verrocchi, -$127.0M· Youngest Billionaire: Ed Craven, 30· Oldest Billionaire: Frank Lowy, 95· Richest Australian: Gina Rinehart, $25.1B

Top Ten

Total Wealth: $124.4B Down $333.4M
1Gina Rinehart
Gina Rinehart$25.1BNo change
2Harry Triguboff
Harry Triguboff$23.0BNo change
3Andrew Forrest
Andrew Forrest & family$19.0B▼ -$40.9M
4Anthony Pratt
Anthony Pratt$10.2BNo change
5Frank Lowy
Frank Lowy$8.8BNo change
6Mike Cannon-Brookes
Mike Cannon-Brookes$8.0B▼ -$109.0M
7Scott Farquhar
Scott Farquhar$7.6B▼ -$111.0M
8Melanie Perkins
Melanie Perkins$7.6BNo change
9Cliff Obrecht
Cliff Obrecht$7.6BNo change
10Vivek Chaand Sehgal
Vivek Chaand Sehgal$7.5B▼ -$72.5M

See The Full Live List Here ›

*Last updated June 12, 2026. All figures are in USD.

Life

Magazine

Women's Summit

Billionaires

Entrepreneurs

Innovation

BrandVoice

Ideas to Save the Planet

Investing

Leadership