Mike Cannon-Brookes
Michael Cannon-Brookes (born 17 November 1979) is an Australian billionaire, the co-founder and co-CEO of the software company Atlassian. Cannon-Brookes often carries the epithet of accidental billionaire after he and his business partner Scott Farquhar founded Atlassian with the simple aim of replicating the then-typical graduate starting salary of A$48,000 at the big corporations without having to work for someone else.[4][5]
Mike Cannon-Brookes | |
---|---|
Born | Michael Cannon-Brookes 17 November 1979 |
Nationality | Australian |
Education | Cranbrook School |
Alma mater | University of New South Wales |
Known for | Co-founder and co-CEO, Atlassian (with Scott Farquhar) |
Net worth | US$8.5 billion (June 2019)[1] |
Board member of | Atlassian |
Spouse(s) | Annie Todd[2] |
Parent(s) | Mike and Helen Cannon-Brookes[3] |
Early life
Mike Cannon-Brookes was born in November 1979,[6] the son of a global banking executive, also named Mike, and his wife, Helen.[3] He was educated at Cranbrook School in Sydney,[2] and graduated from the University of New South Wales with a bachelor's degree in information systems on a UNSW Co-op Scholarship.[7]
Career
With Scott Farquhar, Cannon-Brookes is the co-founder and co-CEO of Atlassian, a collaboration software company. He is also an adjunct professor at the University of New South Wales' School of Computer Science and Engineering. Cannon-Brookes and Farquhar were recognised as the Australian IT Professional of the Year award in 2004, and Australian 2006 Entrepreneur of the Year. Cannon-Brookes was also honoured by the World Economic Forum as a Young Global Leader in 2009 and is a member of The Forum of Young Global Leaders.[7]
Personal life
Cannon-Brookes is married to Annie Todd[2] with four children,[8] and lived in Sydney's eastern suburbs in Centennial Park;[2][5] in 2018 he bought Fairwater, Australia's most expensive house for around $100m, next door to Scott Farquhar's A$71 million house Point Piper harbourside mansion, Elaine. He also acquired the 1923-built heritage residence Verona, designed by architect Leslie Wilkinson and located in Double Bay, for $17 million.[9] The house previously belonged to New Zealand philanthropist Pat Goodman. Prior to that, in 2016 Cannon-Brookes bought $7.05 million SeaDragon house, built in 1936, designed by Leslie Wilkinson and updated by architect Luigi Rosselli.[10] His Centennial Park home sold for $16.5 million.[11] In 2019 he purchased the house near Fairwater for $12 million.[12]
Alongside his business partner, Farquhar, Cannon-Brookes debuted on the 2007 BRW Young Rich list of the richest Australians aged under 40; and on the BRW Rich 200 in 2013 with an estimated net worth of A$250 million.[2] In 2016, his net worth was estimated by Forbes on the list of Australia's 50 Richest people as US$1.69 billion;[13] by BRW Rich 200 as A$2.00 billion;[14] and by the Sunday Times Rich List as GB£906 million.[15] As of 2019, his net worth was estimated to be A$10 billion, being considered by Forbes the youngest billionaire in Australia and the 5th in Australia's 50 Richest 2019 list.[16][17]
Wealth rankings
Year | BRW Rich 200 |
Forbes Australia's 50 Richest |
Sunday Times Rich List | |||
---|---|---|---|---|---|---|
Rank | Net worth (A$) | Rank | Net worth (US$) | Rank | Net worth (GB£) | |
2013[18][19] | 190 |
$0.25 billion |
n/a | not listed | ||
2014[20][21] | 35 |
$1.07 billion |
n/a | not listed | ||
2015[13][22] | 42 |
$1.14 billion |
25 |
$1.10 billion |
||
2016[14][13][15] | 18 |
$2.00 billion |
14 |
$1.69 billion |
£906 million | |
2017[23][24] | 17 |
$2.51 billion |
10 |
$3.40 billion |
||
2018[25] | 12 |
$5.16 billion |
5 |
|||
2019[26][27] | 6 |
$9.63 billion |
5 |
$6.40 billion |
Legend | |
---|---|
Icon | Description |
Has not changed from the previous year | |
Has increased from the previous year | |
Has decreased from the previous year |
References
- "Forbes profile: Mike Cannon-Brookes". Forbes. Retrieved 12 June 2019.
- Thackray, Lucy (17 April 2015). "From a tiny apartment above a sex shop to $12 million mansion in exclusive Sydney suburb: Australia's richest man under 40 splashes cash on spectacular new home". Daily Mail. Australia. Retrieved 9 June 2016.
- Gray, Joanne (9 June 2016). "Michael Cannon-Brookes snr: How I raised a son who became Atlassian billionaire". The Boss, Financial Review. Australia. Retrieved 9 June 2016.
- Fitzsimmons, Caitlin (12 April 2014). "Accidental billionaires: why Atlassian's Mike Cannon-Brookes and Scott Farquhar are so admired in the start-up industry". Financial Review. Australian. Retrieved 9 June 2016.
- Kitney, Damon (27 February 2016). "The Cannon-Brookes: balancing life as accidental billionaires". The Australian. Retrieved 9 June 2016.
- "ATLASSIAN CORPORATION PLC – Officers (free information from Companies House)". Government of the United Kingdom. Retrieved 10 September 2016.
- "Mike Cannon-Brookes: Co-founder & CEO". Atlassian. Retrieved 9 June 2016.
- "Imposter Syndrome as an Asset". Atlassian blog. Retrieved 1 September 2017.
- Macken, Lucy (27 September 2018). "Mike Cannon-Brookes paid $17m for Double Bay house day after he bought $100m Fairwater estate". Domain. Retrieved 5 May 2019.
- Macken, Lucy (9 February 2017). "Techie Mike Cannon-Brookes proves a sucker for fine real estate, twice". Domain. Retrieved 5 May 2019.
- "Australia's most expensive house sells for $100m". OneRoof. NZME Publishing Limited. 28 September 2018. Retrieved 29 September 2018.
- Macken, Lucy (26 April 2019). "Mike Cannon-Brookes buys house next door to Fairwater for $12m". Domain. Retrieved 5 May 2019.
- "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
- Stensholt, John, ed. (29 May 2016). "BRW Rich 200 List 2016". Financial Review. Australia. Retrieved 9 June 2016.
- "Rich List 2016". The Sunday Times (page 44). 24 April 2016.
- "Australia's 50 Richest People". Forbes. 11 April 2019.
- Kruger, Colin (19 March 2019). "Atlassian founders worth $10 billion each after record stock rise". The Sydney Morning Herald. Retrieved 5 May 2019.
- Stensholt, John, ed. (May 2013). "BRW Rich 200 List 2013". Financial Review. Australia. Retrieved 9 June 2016.
- "Gina Rinehart tops Forbes' Australian rich list". The Australian. Australian Associated Press. 31 January 2013. Retrieved 9 June 2015.
- Stensholt, John, ed. (27 June 2014). "BRW Rich 200 List 2014". Financial Review. Australia. Retrieved 9 June 2016.
- Rollason, Adam (30 January 2014). "Rinehart on top, Palmer down on Forbes rich list". Financial Review. Australia. Retrieved 9 June 2015.
- Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2015". Financial Review. Australia. Retrieved 9 June 2016.
- Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Financial Review. Retrieved 7 October 2019.
- "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
- Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
- Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
- "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.