Jul 17, 2026 – 5.00amAustralia’s 50 richest bosses lost more than $11 billion last year, with tech executives suffering the biggest hit, led by WiseTech Global founder Richard White who shed more than $9 billion.In contrast, mining bosses emerged as the biggest winners.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Patrick DurkinBOSS deputy editorPatrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership.Sally PattenBOSS editorSally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London.Fetching latest articles
Australia’s 50 richest bosses mauled
The nation’s wealthiest executives collectively lost more than $11 billion last financial year after the rout in technology stocks, but miners emerged as winners.
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