Billionaires
Mike Cannon-Brookes And Scott Farquhar Net Worth And Biography: How Scott Farquhar And Mike Cannon-Brookes Each Earned $10 Billion From A Random Australian Software Company
mike cannon-brookes and scott farquhar net worth And Biography
We had bring you mike cannon-brookes and scott farquhar net worth: mike cannon-brookes and scott farquhar are business partner in Australia together they worth over $24billion dollars, making them among the richest men in Australia Now let’s look into their profille
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When Scott Farquhar was 11 years old, he really really wanted a computer. The year was 1990 and he was the oldest of four kids in a working-class family in Sydney, Australia. The recession of the early 1990s meant it took a couple of years for his dream of a computer to come true. His dad found and bought an old Wang computer that was so old it couldn’t run MS-DOS. Farquhar spent a year trying to get that old computer to play the games he wanted to play. He wouldn’t be exposed to computers again until he got to college.
mike cannon-brookes and scott farquhar net worth And Biography
On the other side of Sydney, Mike Cannon-Brookes was getting settled in Australia after being born in the U.S., moving to Taiwan at six months old, Hong Kong at three years old, and then being sent to school in England. He bought his first computer with frequent flyer points he saved up flying back and forth between his family in Australia and school in England four times a year. His parents were fans of Apple and had Macs. He wanted a PC. In 1991, before the world wide web, Mike convinced his parents to install the internet at home.
In 1998, Farquhar and Cannon-Brookes landed at the University of New South Wales together. They were both 18 and studying in the same business information technology program. They met the very first day of college. They were both scholarship kids and bonded over their shared love of computers.
mike cannon-brookes and scott farquhar net worth And Biography
Mike Cannon-Brookes (L) and Scott Farquhar (R), (Photo by Kelly Sullivan/Getty Images)
In June 2001, Cannon-Brookes sent Farquhar an email inviting him to co-found a company with him. He sent the email, which said: “Bored of studying, Atlassian is far more interesting,” to a handful of classmates. Farquhar was the only person to say yes. Their original goal was to make $48,500, which was what accounting graduates made at the time.
Once Farquhar and Cannon-Brookes graduated from college, they founded Atlassian with $10,000 of credit card debt. The first two years they were in business they were in survival mode, only making $15,000 salary each. Their timing wasn’t great. The dot-com bubble had just crashed. Farquhar took a short consulting gig in Amsterdam in order to afford the time Cannon-Brookes needed to write code. Their first employees were mostly their college classmates. After all, they knew they were smart. The company has been cash-flow positive from the outset. It took no outside investment for the first eight years. Atlassian has never had funding but it has had two big investments. They sold 20% of Atlassian to Accel Partners for $60 million in 2010. They’ve also given equity to staff. In 2014, T. Price Rowe and Dragoneer Investment Capital purchased about 6% of the company from Accel and a few employees. That deal valued Atlassian at $3.3 billion.
mike cannon-brookes and scott farquhar net worth And Biography
The Atlassian offices feature the usual perks of a tech startup with catered meals and other perks. Farquhar’s strategy is to try and make it so his employees never want to work anywhere else. And if they leave Atlassian—he wants them to regret it.
Atlassian develops products for software development, content management, and project management. In 2019 they posted a revenue of $1.21 billion and the company has more than 3,600 employees. Scott Farquhar and Mike Cannon-Brookes were named Ernst & Young’s Entrepreneurs of the Year in Australia in 2006. Atlassian has been profitable for every single quarter since it was founded. Atlassian’s customers include Audi, Virgin Media, and NASA.
Outside of work, Farquhar and Cannon-Brookes have a lot in common. They are both 41. They were the best man at each other’s weddings. Farquhar’s wife Kim Jackson is an investment banker. Cannon-Brookes’ wife Annie Todd is a fashion designer. Farquhar and Jackson have three kids. Cannon-Brookes and Todd have four kids. In 2018, Cannon-Brookes bought Fairwater, the most expensive house in Australia for about $100 million. The house is right next door to Farquhar’s $75 million house called Elaine.
mike cannon-brookes and scott farquhar net worth And Biography
From the very start of their business, they wanted to do more than just create software. So they pledged 1% of equity to charity back when the company was brand new. That 1% stake is worth tens of millions today. The Atlassian Foundation also gets 1% of profit and 1% of employee time as well as donates software licenses to non-profits. Atlassian is one of the biggest donors to Room to Read, a U.S.-based charity that builds schools and libraries in developing nations.
mike cannon-brookes and scott farquhar net worth And Biography
In nine years, Farquhar and Cannon-Brookes will be 50. At this point in their lives, they’ve known each other longer (22 years) than they lived before they met (18 years). In a 2014 interview, Farquhar said he couldn’t imagine reaching 50 or what he’d be like at half a century old. What he did know is that he wants to get more involved in philanthropy and see how much good the Atlassian Foundation can do. With a $10 billion net worth each, the sky is the limit in Farquhar and Cannon-Brookes’ desire to have a positive influence in the world.
mike cannon-brookes and scott farquhar net worth
mike cannon-brookes and scott farquhar are currently among the top 5 richest men in australia, with an estimated net worth of $24 billion dollars as of 2020

Billionaires
Forbes 2023 world’s richest rankings: Check Out 4 Nigerians who make forbes billionaires list 2023
- Aliko Dangote tops the list of Forbes Africa’s Billionaires list for 2023.
- Dangote is among the four wealthiest Nigerians on the 2023 list.
- Mike Adenuga follows Africa’s richest man Aliko Dangote.
- Alakija retained her position as one of the richest black women in the world
Forbes recently released its annual exclusive billionaires ranking with only 4 Nigerians, Aliko Dangote, Mike Adenuga, Abdul Samad Rabiu and Folorunsho Alakija making the highly coveted list. Amongst the four, Aliko Dangote, President of Dangote Group retained his spot as the World’s richest black person with a fortune of $10.1 billion. Mike Adenuga, Chairman of Globacom came in as second in Nigeria and third in Africa with a fortune of $7.7 billion whilst Abdul Samad Rabiu of BUA Group was 3rd in Nigeria and 8th in Africa with a fortune of $3.13 billion – moving up 8 places from last year’s ranking. Folorunsho Alakija of Famfa Oil completes the list of Forbes billionaires from Nigeria with a fortune of $1 billion dollars coming in at number 20 in Africa.
On the 2020 list, Egypt and South Africa tied with five billionaires each, Morocco has two, while Zimbabwe and Tanzania have one billionaire each, among members of the 3-comma club in Africa.
According to the list, Africa’s 20 wealthiest people are richer in 2019 than 2018 with combined worth at $73.4 billion.
Mike Adenuga follows Africa’s richest man Aliko Dangote
Mike Adenuga maintains his position as the second richest man in Nigeria and third spot on the continent with a net worth of $7.7 billion. Adenuga has investments in telecommunications, oil, and real estate.
The businessman painted the streets of Lagos with his gold buildings – Mike Adenuga Towers.
1. Aliko Dangote

Nigerian-born billionaire, Aliko Dangote has interests in commodities in Nigeria and other African countries.
- Net worth: $10.1 billion as of 2020
- Age: 62
2. Mike Adenuga

Mike Adenuga, owner of Globalcom, Nigeria’s third-largest mobile phone network, and an oil exploration firm Conoil Producing firm.
- Net worth: $7.7 billion as of 2020
- Age: 66
3. Abdulsamad Rabiu

Rabiu is Nigerian manufacturing mogul. He is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate.
- Net worth: $3.1 billion as of 2020
- Age: 59
4. Folorunsho Alakija

Alakija is one of the richest black women in the world and the owner of Famfa Oil Limited, a Nigerian oil exploration company.
- Net worth: $1 billion as of 2020
- Age: 68.
Conclusion
The List of Richest Men in African is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes. It tracks the wealth of African billionaires who reside in Africa or have their primary businesses/investments there.
Billionaires
Indian Top 10 Richest Billionaire 2023
India’s 10 richest people; net worths are as of Forbes 2023
Without wasting much of your time, we will be listing top 10 richest men in India 2020 as estimated by Forbes.
MUKESH AMBANI NET WORTH: $36.8 BILLION
RESIDENCE: MUMBAI
SOURCE OF WEALTH: PETROCHEMICALS, OIL & GAS
1. RADHAKISHAN DAMANI NET WORTH: $13.8 BILLION
RESIDENCE: MUMBAI
SOURCE OF WEALTH: RETAIL, INVESTMENTS
2. SHIV NADAR NET WORTH: $11.9 BILLION
RESIDENCE: DELHI
SOURCE OF WEALTH: SOFTWARE SERVICES
3. UDAY KOTAK NET WORTH: $10.4 BILLION
RESIDENCE: MUMBAI
SOURCE OF WEALTH: BANKING
4. GAUTAM ADANI NET WORTH: $8.9 BILLION
RESIDENCE: AHMEDABAD
SOURCE OF WEALTH: COMMODITIES, PORTS
5. SUNIL MITTAL NET WORTH: $8.8 BILLION
RESIDENCE: DELHI
SOURCE OF WEALTH: TELECOM
6. CYRUS POONAWALLA NET WORTH: $8.2 BILLION
RESIDENCE: PUNE
SOURCE OF WEALTH: VACCINES
7. KUMAR BIRLA NET WORTH: $7.6 billion
RESIDENCE: MUMBAI
SOURCE OF WEALTH: COMMODITIES
8. LAKSHMI MITTAL NET WORTH: $7.4 BILLION
RESIDENCE: LONDON
SOURCE OF WEALTH: STEEL
9. AZIM PREMJI NET WORTH: $6.1 BILLION
RESIDENCE: BANGALORE
SOURCE OF WEALTH: SOFTWARE SERVICES
10. DILIP SHANGHVI NET WORTH: $6.1 BILLION
RESIDENCE: MUMBAI
SOURCE OF WEALTH: PHARMACEUTICALS
Billionaires
Lee Jae Yong Forbes Net Worth And Biography
Jay Y. Lee Forbes Net Worth And Biography
Lee Jae-yong, better known as Jay Y. Lee, is a South Korean business magnate and the vice chairman of Samsung, Who has a net worth of $7 billion dollar. He is the eldest child and only son of Hong Ra-hee and Lee Kun-hee, who is the chairman of Samsung.
As of June 2020, Lee net worth is estimated to be $7 billion dollar, making him the fourth wealthiest person in South Korea.
Lee Jae Yong was born in Yongsan District, Seoul, South Korea in June 1969. He is currently 51 years old as of the time of this post, He graduated from Seoul National University, Keio University, and Harvard Business School. Lee Jae Yong is considered to be his father’s successor and serves as the de facto head of Samsung.
Other Facts About Lee Jae Yong Profile
- Jay Y. Lee is the vice chairman of Samsung Electronics and heir to the country’s biggest conglomerate.
- In 2017 he was jailed and charged with bribing a confidante of the now-imprisoned former president, Park Geun-hye, but was released in 2018.
- The verdict noted his role as one of “passive compliance to political power.” He denies any wrongdoing and is appealing the case with the Supreme Court.
- In September 2018 Lee accompanied President Moon on a trip to North Korea as part of a business delegation.
- Lee became Samsung Electronics president in 2010 and was named vice chairman in 2012.
Lee Jae Yong Net Worth
Lee Jae Yong is currently one of the richest and the most powerful men in South Korea, With an estimated net worth of $7 billion dollar as of 2020.
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