The Newest Business Rich: Two 34-Year-Old Australian Techies

The Newest Business Rich: Two 34-Year-Old Australian Techies

The owners of the software company, Atlassian, Scott Farquhar and Mike Cannon, are some of the world's newest billionaires. Find out how they did it!
Business software company Atlassian is now valued at $3.3 billion. Scott Farquhar (top right) and Mike Cannon (bottom left) are the founders and co-CEOs of the company with about a third ownership stake in the company.

That’s about $1.1 billion each.Scott Farquhar The young billionaires started the venture with a $10,000 credit line. The business software streamlines project management for development and IT departments. It is used by more than 35, 000 companies worldwide, including American Airlines, Facebook, BMW and Cisco.

According to Farquhar, maintain a consistent and clear vision has been absolutely essential. “That’s why we spend a lot of time on company culture,” he told Forbes. They push transparency and customer satisfaction to the top of the priority list.

The company has had a positive cash flow for 10 years and has plans to go public in the future.

Mike CannonWelcome to The Business Rich, guys.

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