Young rich that will inspire you

If you’re planning on joining the ranks of Australia’s young rich listers, it helps to be male, tech savvy and university-educated – and live in Melbourne.

An analysis of the top 25 performers in the BRW Young Rich List for 2016 reveals men dominate, with only two women making it in.

Both female entrants – Cyan Ta’eed and Melanie Perkins – work in tandem with their respective male partners, Collis Ta’eed and Cliff Obrecht.

Tech entrepreneurs are the clear winners in this year’s list with Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar top of the heap with $4.68 billion.

The pair, both 36, met while studying business information technology at the University of NSW, which has produced more young rich listers in the top 25 than any other institution.

While a number of the young rich listers have multiple qualifications from a range of organisations, UNSW has educated five in the top 25, including Cannon-Brookes and Farquhar.

Ori Allon, worth $316 million thanks to his real estate technology disrupter Compass, gained a PhD in engineering from the university.

Collis Ta’eed, who, with wife Cyan is worth $184 million, did a bachelor of science at UNSW before undertaking post graduate study at the University of Technology, Sydney, and then launching Envato, a network of websites with more than 6 million members.

Another UNSW alumni is Simon Clausen, number 6 on the list with $391 million in bank account, who attended the Australian Graduate School of Management before becoming involved in a variety of tech businesses.

Technology trumps property among the top 25 with 14 of the rich-listers involved in tech businesses providing a range of services from email marketing, retail, entertainment to graphic design.