Scott Farquhar

Scott Farquhar
Born

December 1979 (age 3637)

Nationality Australian
Education James Ruse Agricultural High School
Alma mater University of New South Wales
Known for Co-founder and co-CEO, Atlassian (with Mike Cannon-Brookes)
Net worth
Board member of Atlassian
Spouse(s) Kim Jackson
Children 2

Scott Farquhar (born December 1979) is an Australian billionaire, the co-founder and co-CEO of the software company Atlassian. Farquhar often carries the epithet of accidental billionaire after he and his business partner Mike Cannon-Brookes founded Atlassian with the simple aim to replicate the A$48,000 graduate starting salary typical at the big corporations without having to work for someone else.[4][5]

Early life

Farquhar was born in December 1979.[6] He attended James Ruse Agricultural High School in Carlingford, NSW.[7] He graduated from the University of New South Wales, with a Bachelor of Arts and Bachelor of Science.[8][9]

Career

With Cannon-Brookes, Farquhar is the co-founder and co-CEO of Atlassian, a collaboration software company that helps more than 51,000 large and small organizations – including some of the biggest names in media, manufacturing and technology – use Atlassian’s tracking, collaboration, communication, service management and development products. He is also an adjunct professor at the University of New South Wales' School of Computer Science and Engineering. Cannon-Brookes and Farquhar were recognized for their achievements as the Australian IT Professional of the Year award in 2004, and Australian 2006 Entrepreneur of the Year.[9] Farquhar has mentored through the Australian Businesswomen’s Network and gives guest lectures on entrepreneurship to MBA students and undergraduates.[4]

Personal life

He is married to Kim Jackson and they have two children.[10][11]

Alongside his business partner, Cannon-Brookes, Farquhar debuted on the 2007 BRW Young Rich list of the richest Australians aged 40; and on the BRW Rich 200 in 2013 with an estimated net worth of A$250 milion. In 2016, his net worth was estimated by Forbes on the list of Australia's 50 Richest people as US$1.75 bn;[2][12] by BRW Rich 200 as A$2.00 bn;[1] and by the Sunday Times Rich List as GB£906 million.[3]

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[13][14] 190 Increase $0.25 billion Increase n/a not listed
2014[15][16] 35 Increase $1.07 billion Increase n/a not listed
2015[17][18] 42 Increase $1.14 billion Increase 25 Increase $1.10 billion Increase
2016[1][2][3] 18 Increase $2.00 billion Increase 15 Increase $1.75 billion Increase £906 million Increase
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

References

  1. 1 2 3 Stensholt, John, ed. (29 May 2016). "BRW Rich 200 List 2016". Financial Review. Australia. Retrieved 9 June 2016.
  2. 1 2 3 "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
  3. 1 2 3 "Rich List 2016". The Sunday Times (page 44). 24 April 2016.
  4. 1 2 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.
  5. Kitney, Damon (27 February 2016). "The Cannon-Brookes: balancing life as accidental billionaires". The Australian. Retrieved 9 June 2016.
  6. "ATLASSIAN CORPORATION PLC - Officers (free information from Companies House)". Retrieved 30 May 2016.
  7. Fitzsimmons, Caitlin (25 July 2014). "How Atlassian's Scott Farquhar and Mike Cannon-Brookes became software titans". Retrieved 30 May 2016 via The Age.
  8. "#1275 Scott Farquhar". Forbes. 2016. Retrieved 9 June 2016.
  9. 1 2 Atlassian. "People - Atlassian". Retrieved 30 May 2016.
  10. Fitzsimmons, Caitlin (25 July 2014). "The untold story of the rise of Atlassian duo Scott Farquhar and Mike Cannon-Brookes". AFR Weekend. Australia. Retrieved 9 June 2016.
  11. 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.
  12. Richards, Ronelle (28 January 2016). "Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar are the youngest Australians on Forbes Rich List while Gina Rinehart loses top spot". SmartCompany. Retrieved 9 June 2016.
  13. Stensholt, John, ed. (May 2013). "BRW Rich 200 List 2013". Financial Review. Australia. Retrieved 9 June 2016.
  14. "Gina Rinehart tops Forbes' Australian rich list". The Australian. AAP. 31 January 2013. Retrieved 9 June 2015.
  15. Stensholt, John, ed. (27 June 2014). "BRW Rich 200 List 2014". Financial Review. Australia. Retrieved 9 June 2016.
  16. Rollason, Adam (30 January 2014). "Rinehart on top, Palmer down on Forbes rich list". Financial Review. Australia. Retrieved 9 June 2015.
  17. Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2015". Financial Review. Australia. Retrieved 9 June 2016.
  18. "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
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