Spin off and conquer:Solly Lew’s global plan for Smiggle and Peter Alexander
Opinion
Retail

Spin off and conquer:Solly Lew’s global plan for Smiggle and Peter Alexander

The retail billionaire’s end game appears to go beyond just growing these Australian businesses internationally. Rather,it is a plan to establish each as global brands.

  • byElizabeth Knight

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Reddit delivers $936 million windfall for 38-year-old AI king

Reddit delivers $936 million windfall for 38-year-old AI king

OpenAI CEO Sam Altman was one of many winners as Reddit soared on its Wall Street debut.

  • byMichael Lietdke andWyatte Grantham-Phillips
The reclusive family set for a $2.1 billion Reddit windfall

The reclusive family set for a $2.1 billion Reddit windfall

The publicity-shy family behind the Condé Nast media empire paid just $US10 million for the company 18 years ago. Now they are set to reap billions.

  • byJames Titcomb
How governance tipples gave Top Shelf investors a hangover

How governance tipples gave Top Shelf investors a hangover

The troubles at Top Shelf are another example of an ASX hopeful that holds much promise but has so far failed to deliver for many of its shareholders.

  • bySarah Danckert
Chinese fast-fashion giant Shein set for Wall Street with a $136b dream

Chinese fast-fashion giant Shein set for Wall Street with a $136b dream

The Chinese giant has reportedly filed confidentially with US regulators for an initial public offering,sources say.

  • byMatthew Monks,Olivia Rockeman andVenus Feng
The rise and fall of online dating queen Whitney Wolfe Herd
Analysis
Social media

The rise and fall of online dating queen Whitney Wolfe Herd

The Bumble founder was the world’s youngest self-made female billionaire and changed the rules of online dating.

  • byJames Titcomb
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Barbie bounce falls short as Birkenstock float fizzles

Barbie bounce falls short as Birkenstock float fizzles

Cautious investors required more than the fashion lure to bring them back into the fractious equities arena.

  • byElizabeth Knight
Birkenstock billionaire brothers bank $5b on buyout bet as shares flop

Birkenstock billionaire brothers bank $5b on buyout bet as shares flop

Birkenstock’s ubiquitous leather sandals have helped the German family behind the brand build one of the biggest footwear fortunes on the planet.

  • byBen Stupples andTom Maloney
Guzman y Gomez’s new burrito boss tasked to hire CFO,prepare ASX debut

Guzman y Gomez’s new burrito boss tasked to hire CFO,prepare ASX debut

Australia’s fastest growing Mexican fast food chain has appointed a retail executive to share the top job with founder Steven Marks.

  • byJessica Yun
How a 37-year-old Harvard physicist became a billionaire

How a 37-year-old Harvard physicist became a billionaire

He studied physics,astronomy and astrophysics at Harvard University,but Andrew Bialecki’s fortune has come from text messaging and emails.

  • byDiana Li
A six-pack of beer helped him get started. Now this 37-year-old has a $1.7b fortune

A six-pack of beer helped him get started. Now this 37-year-old has a $1.7b fortune

Apoorva hated waiting in the cold at a bus stop with bags of groceries,so he started a new company. More than a decade on,it has made its Wall Street debut.

  • byBiz Carson andNatalie Lung