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10 richest young Australians revealed

Kayla Itsines, Nick Molnar and Melanie Perkins, who all feature in the top 10 young rich list of 2019. (Images: Instagram, Afterpay, Canva)

The richest young Australians have been revealed, with Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar leading the pack.

The pair are worth more than $13 billion each, and have topped the AFR's 2019 Young Rich rankings for a record eighth consecutive year.

There is daylight between them and the next wealthiest, worth $1.35 billion each – co-founders of design software maker Canva, Melanie Perkins and Cliff Obreacht.

More software makers round out the top five, with the co-founders of design marketplace Envato and real estate platform Compass following the billionaires.

"It’s fascinating to see businesses like Canva that is just five years old that are now worth seven times as much as Here There & Everywhere, the 30-year-old, ASX-listed media and entertainment company," said Rich List editor Michael Bailey.

"It’s quite interesting to see how Australia’s young entrepreneurs are thinking about business, growth and success."

The criteria for the Young Rich list are Australians aged 40 and under.

Here is the top 10:

  1. Mike Cannon-Brookes (39 years old, Atlassian): $13.5 billion

  2. Scott Farquhar (39, Atlassian): $13.2 billion

  3. Melanie Perkins and Cliff Obreacht (33 and 32, Canva): $1.35 billion

  4. Collis and Cyan Ta-eed (40 and 38, Envato): $799 million

  5. Ori Allon (39, Compass): $747 million

  6. Peter Greensill (38, Greensill Farming): $745 million

  7. Shangjin Lin (30, Aqualand): $659 million

  8. Tim Gurner (37, Gurner): $608 million

  9. Nick Molnar (29, Afterpay): $564 million

  10. Kayla Itsines and Tobi Pearce (28 and 27, Sweat): $486 million

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