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Richard White, the billionaire co-founder of the software giant privately reassured directors he would stop offloading stock. A search is under way, but whether Paul O’Sullivan can attract people with the requisite knowledge and experience as directors is another matter. Kic co-founder and CEO Laura Henshaw is handing over the reins to serial founder Jane Martino, who will lead the company through a major wellness expansion. The wealthiest Australians under 40 include uni dropouts, an F1 star, ex-Macquarie banker, and founders of businesses ranging from pet food to crypto casinos.

Board shake-up

• Whether you’re inclined to beat the dealer, roll the dice or spin the roulette wheel, Royal Vegas delivers the goods in style!
• A search is under way, but whether Paul O’Sullivan can attract people with the requisite knowledge and experience as directors is another matter.
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Airwallex secures one of the country’s biggest funding rounds ever

The cryptocurrency gaming start-up is backed by some of the country’s best-known venture capital funds and says it has significantly reduced its cash burn. The company had already been heavily sold off over the year, with Trump administration trade policies increasing the cost of its products and hurting sales. Airtree and Quadrant led a big capital injection into the Sydney robotics start-up, catapulting its founders up the Young Rich List. The creation of software has driven 47 of the fortunes, including seven new additions in cryptocurrency. The Young Rich List, now in its 20th year, shows shop owners are thriving in another patchy year for tech founders, and there’s a new young billionaire in town.

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From footballer to founder, Brad Moran has spent the past three years putting his all into this residence – which comes complete with three panic rooms. From term sheets to toddlers, these founders juggled building a business as well as a family. As Australia’s top male player reaches his make-or-break years at 26 – no longer a newbie, not yet a veteran – he’s ready for a grand slam win. Daniel Roberts, a former Macquarie banker who runs the Nasdaq-listed data centres business, says the agreement is only the first of many as demand booms. Oscar Ledlin, who ranks number 55 on the Young Rich List, has launched a company specialising in sustainable concrete production, with ambitions to IPO.

The definitive list of our next generation of entrepreneurs, aged 40 and younger. The definitive list of our best and brightest next generation of entrepreneurs, aged 40 and younger. Whether you want to dive into the vibes of the tropics, stroll cobblestone streets in Europe or witness the wilds of Alaska, Norwegian makes your experience easy and unforgettable. The former Lendlease and Crown Resorts chief executive is leaving after two major shareholders, including Bally’s, took control of the embattled casino group. It was a series of fast-falling cards at the company, with Steve McCann’s resignation resulting in two exits and a surprise chairman. While the Sydney hedge fund’s bet on poker machine maker Light & Wonder has been an enormous success, other big positions have performed poorly for months.