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The Australian
 

Good afternoon,

Shelley Sullivan, the founder of fast-growing Australian cosmetics "duplicator" brand MCoBeauty has pocketed an estimated $500m after selling her company to pharmacy entrepreneur Dennis Bastas.

Meanwhile, a personal scandal cost him his chief executive role but WiseTech Global founder Richard White is making the most of his new position as a consultant to the technology company.

And Rokt founder Bruce Buchanan, a former chief executive of Jetstar, explains why talk of his tech wealth feels "bizarre" and the reasons philanthropy is so important to him and his family,

Perry Williams
Business editor
The markets


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Latest news
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Makeup ‘dupe’ phenomenon MCoBeauty has been sold, with founder Shelley Sullivan cashing out in a massive deal.
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Thinking outside the box to make wine cool again
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To fix or not to fix, the answer is not what you think
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