Latest news with #YoungRichList
Daily Mail
26-05-2025
- Entertainment
- Daily Mail
Billionaire heiress Francesca Packer cuts a casual figure as she strolls hand-in-hand with rarely seen boyfriend Robert Bates in Sydney
Billionaire heiress Francesca Packer has been spotted on a rare outing with her boyfriend Robert Bates. Francesca, who is the granddaughter of the late Kerry Packer and daughter of Gretel Packer and English financier Nick Barham, lives a notoriously private life, however she broke cover on Saturday as she and her partner of two and a half years stepped out in Sydney. The couple cut casual figures as they enjoyed a stroll hand-in-hand around Potts Point in the Eastern Suburbs. The 30-year-old heiress ditched her usual dressy attire for a white RVCA x Benjamin Jean Jean hoodie, which she paired with black leggings as she took to the streets. She finished off the laidback fit with a pair of black slides, as well as large sunglasses in an attempt to go incognito. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new showbiz newsletter to stay in the loop. Francesca, who is usually adorned with enough jewels and bling to make eyes water, presented a pared back look with not so much as a necklace in sight, but did add a pop of colour to her ensemble with maroon red nails. Her boyfriend, who formerly made the Australian Financial Review's Young Rich List with an estimated net worth of $145 million, wore a knitted crew neck jumper in an olive green hue. He layered the sweater over an easy white tee and linen, drawstring pants, matching his jumper with a pair of green suede sneakers by Dolce and Gabbana. The business owner wore his locks in his signature windswept do as he walked alongside his billionaire girlfriend while seemingly glued to his phone. Francesca and Robert began dating in 2022 and confirmed their romance in December of that year after they were spotted kissing on the deck of a luxury yacht in Sydney Harbour. The pair are said to have been introduced by PR maven and Sydney socialite Roxy Jacenko, who was Francesca' publicist for a stint. She reportedly 'fell head over heels' for the divorced father and even 'confided to friends her desire to start a family' with him.' Robert is the CEO of failed wellness brands Aurum+ and Aquamamma and the founder of 7 Trinity Biotech. In December, no expense was spared for Francesca's birthday party as she rang in her 30th year. The billionaire heiress hosted a dress up shindig at upmarket eatery Mimi's in Coogee with an A-list guest list. Among the celebrities joining the event was influencer Indy Clinton, who came dressed as Pamela Anderson in her Baywatch days, donning a blonde wig and red swimsuit. Former host of The Project Lisa Wilkinson was also among the glitterati but skipped the fancy dress memo and opted for a chic, loose black suit. Norwegian singer Adelén was in tow, opting to dress up as Julia Roberts in the classic romantic comedy Pretty Woman. Francesca, who was dressed in a Wednesday Adams costume, held court with her boyfriend Robert. Also coming along to celebrate the occasion was her grandmother, Roslyn, and her mother, Gretel. Bella Wolfgang Clinton likewise in attended, sharing glimpses inside the party which had oysters and pasta on offer. Social media posts shared by attendees showed the party people enjoying caviar and champagne and partying until the wee hours. The socialites and celebrities mingled through the evening, taking fun bathroom selfies and dancing wildly as the night wore on.
Daily Mail
28-04-2025
- Business
- Daily Mail
How a Man City academy graduate set up a multi-million pound fashion company after quitting aged 26 - with his net worth exceeding Harry Kane
Former Man City academy graduate Reece Wabara has become one of the richest ex-footballers after quitting the game at the age of 26 to build a fashion business reportedly worth £83million. Wabara made one appearance in the Premier League during his time at Man City, after joining the club's academy in 2007 having started out at Walsall. The defender, an England youth international, came on in the closing stages of Man City's final match of the 2010-11 season as a substitute for Pablo Zabaleta. Wabara had several loan spells in the football league with Ipswich Town, Oldham Athletic and Blackpool, before joining Doncaster Rovers on a permanent deal in 2014 following an initial loan. He ultimately decided to call time on his football career in 2017 after making 148 professional appearances, having finished with short-lived spells at Barnsley, Wigan and finally Bolton. Wabara's retirement came as he decided to focus his attentions on his fashion business, which he established in 2013 while at Man City. Speaking to The Times in 2021, Wabara said he decided to establish the fashion label Maniere De Voir following a conversation with his old school friend Lewis Morgan, the co-founder of Gymshark. 'I asked, where can I maximise my potential to be great? I knew the odds were heavily against me being a Champions League and England footballer. 'I always had a way of dressing that was different and Lewis said to me, "You should do something in fashion.' Wabara founded Maniere De Voir with an initial £15,000 investment, having been on wages of £3,000 at the time, with Morgan taking a 17 per cent stake to help set up the business. Wabara claimed juggling football and fashion 'relentless' and opted to focus on the fashion label after his manager said his focus had been split by football and his business. The business turned over a reported £1million in its first year, with the range including £30 T-shirts and £90 tracksuits. While the Manchester-based company has focused on women's clothes, boxing star Anthony Joshua and Arsenal's Raheem Sterling have worn and endorsed the brand. In 2024, Wabara's net worth was reported to have reached £83million through the company. The figure saw Wabara ranked 33rd on the Sunday Times' Young Rich List, with his wealth having risen from £26 million the previous year Wabara played for several teams in the football league and represented England at youth level At the time, Wabara was estimated to have been worth more than England captain Harry Kane, Sterling and former Real Madrid star Gareth Bale, who had also made the top 40. Last year Wabara, who has paid himself a salary of around £111,000, bought out Morgan's shares for £9.4million to own the company outright. Maniere De Voir, having initially sold exclusively online for 10 years, officially opened its first store at Oxford Street in December 2023. In December, the Wabara announced his company would be opening their second store in New York.
Yahoo
29-03-2025
- Business
- Yahoo
Rich lister who built $7 million fortune ‘without help' reveals ‘common mistake' costing Aussies
Finding a lucrative commercial property deal requires more than just luck. It's about strategy, research, and knowing where to look. I bought my first investment property in 2010 with a $60,000 deposit after saving diligently for five years. By 2018, my wife, Mina, and I had built a portfolio of 28 properties generating $300,000 in annual profit and around $7 million in equity. And let me be clear, I didn't receive financial help, gifts, inheritance, or even live rent-free at home into my late 20s. $3.5 trillion Baby Boomer 'wealth transfer' offers huge opportunity for Millennials: 'Unprecedented' Centrelink blow for millions on JobSeeker, Age Pension as federal budget denies cash boost Rare $1 coin worth up to $3,000: 'Crazy errors' I built my fortune from the ground up through strategic investing, and now, I help others do the same. Over the years, I've identified key strategies that separate a good investment from a great one. Finding a lucrative commercial property deal isn't just about luck, it's about spotting emerging trends, focusing on strong cash flow, leveraging data-driven insights, and thinking like a developer. These principles have allowed us to build $150 million in personal wealth and be included in AFR's Young Rich List three years in a row. If you want to secure profitable commercial property deals, here's what you need to most lucrative deals often lie in areas on the cusp of transformation. Investing in up-and-coming neighbourhoods or underdeveloped regions before they boom can yield significant returns. Similarly, getting into an asset class before it gains mainstream popularity can give investors a first-mover advantage. Many investors wait for interest rate movements before making decisions; a common mistake. That's what the masses do. The best opportunities come when you act ahead of the finance markets, not react to them. Unlike residential property, where many investors chase speculative capital gains, commercial property investment should focus on reliable cash flow. Success is about building a steady income stream that supports long-term wealth. The good news? Properties that generate strong cash flow often also deliver the best capital growth results. With a growing flight towards higher-yielding investments, cash flow-positive assets are in high demand, making them a smart long-term investment. While intuition is valuable, data is king. Successful investors rely on detailed market research, demographics, and property performance data to uncover hidden opportunities. Look at the numbers and analytics to ensure you can make informed decisions and avoid costly mistakes. Commercial properties should be viewed as blank canvases with potential for improvement. Strategic renovations, reconfigurations, or value-adding enhancements can significantly boost value and returns. One proven strategy is purchasing properties below their replacement value. If you buy below replacement cost, new investment supply won't be able to compete with your price point. This approach ensures long-term value retention and market resilience. The reality is that the best commercial property deals are rarely found on public listings. They are secured through industry relationships and insider knowledge. Finding a truly lucrative deal is difficult unless you have the right contacts. This is where a buyer's agency will make a difference. Sellers approach us directly with off-market opportunities that never reach the wider market. For individual investors looking to tap into off-market deals, target specific areas and build relationships with key agents. Once agents know your brief, they'll start sending you exclusive deals before they hit the market. I always advise clients to stretch their budget where possible. If you can increase your purchasing power, you can target higher-value commercial properties that offer better yields, stronger tenants, and more upside. Spending more typically leads to securing better deals. Finding a lucrative commercial property deal requires foresight, data-driven decisions, and strong industry connections. But with the right approach, commercial property investment offers financial security, stable returns, and the opportunity to capitalise on Australia's evolving real estate landscape. Scott O'Neill is a prominent Australian property investor featured in AFR's Young Rich List three years in a row. He is an entrepreneur and Founder & CEO of Rethink Group a premium property investment group, host of the top commercial property podcast "Rethink Investing's Inside Commercial Property'', co-author of "Rethink Property Investing'' Australia's number one commercial property investing book. Disclaimer: The information contained in this article is general in nature and does not take into account your personal objectives, financial situation or needs. Therefore, you should consider whether the information is appropriate to your circumstances before acting on it, and where appropriate, seek professional advice from a finance professional.
