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Shelley Sullivan, founder of cosmetics brand, MCoBeauty, has sold her 50% remaining share in the business she founded just five years ago, after turning it into Australia’s top-selling beauty brand. Shelley Sullivan stepped down as CEO of MCoBeauty on Friday, after selling the business at a valuation “north of $1 billion” to DBG Health’s Dennis […]
It’s been a good summer for Australia’s $27 billion caravan industry recovering from a post COVID-19 slump. Grant Wilckens remembers schlepping around Sydney trying to raise money for his little caravan park empire back in the early 2000s and it was so hard. No one was interested in the second-tier asset. Now caravan park owners […]
Even if Donald Trump did end the Ukraine war, like he promised to do within 24 hours of entering the White House, DroneShield would be unaffected, says its Sydney-based CEO. DroneShield CEO Oleg Vornik gets why his company is seen as a meme stock. Its share price soared in 2024, increasing 10-fold on the ASX […]
Nuclear certification has meant a 120-fold increase in this defence tech’s “opportunity pipeline” as Australia prepares to spend up to $368 billion on nuclear submarines. Small defence tech startup UBH is the first private company in Australia to get the certification that will probably be needed to work on nuclear submarines. After receiving the ISO19443 […]
The nuclear power lobby thinks Miss America can change Australians’ minds on nukes – and by the way, she’s a nuclear engineer. The 2023 Miss America, Grace Stanke, was surprised to learn that nuclear power was a hot political debate in Australia. “Here in America, it’s a very bipartisan issue,” she said. “It’s one of the […]
Ahead of the iconic Rolex Sydney Hobart Yacht Race, tech millionaire Christian Beck, who skippered maxi yacht LawConnect to line honours glory last year, speaks about his on-deck sailing passion. This story featured in Issue 14 of Forbes Australia. Tap here to secure your copy. On-shore, Christian Beck is CEO and founder of LEAP and free legal […]
The Rolex Sydney Hobart is probably seen live by more people than any other sports event, bar the Tour de France. Stewart Hawkins talks to Matt Allen and James Mayo, two race veterans who are strongly tipped to win this year’s race about the romance that surrounds what is arguably the toughest ocean race of […]
Cultured butter favourite Pepe Saya has teamed up with the people who time forgot to crack the US market. Brother Daniel looked right at home strutting Sydney’s groovy inner-west Enmore Road, wearing a black vest, black hat, and black pants. But, being a member of the “plain people”, the Protestant groups characterised by their rejection […]
Megan Baldwin has devoted her life to a molecule that could save the sight of millions and make billions for Opthea. In just a few months, the results will reveal if her gamble has paid off. In the second quarter of 2025, there’ll be a trading halt on Opthea shares. A bunch of people will […]
Led by her youngest daughter Shana Dall’Osto, Epic founder and CEO Judy Faulkner will soon grant around US$100 million to hundreds of nonprofits annually from her family foundation, Roots & Wings. This story featured in Issue 14 of Forbes Australia. Tap here to secure your copy. When Warren Buffett called, Judy Faulkner agreed to meet him in […]