Asian Australian Entrepreneurs: Young Rich List (2020)

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The Tragic Loss of a Role Model

With the tragic passing of Tony Hsieh, the CEO of Zappos, it made me wonder, who are the notable Asian-Australian entrepreneurs of today? Looking at the 2020 Financial Review Young Rich List, there are some great examples of young Asian-Australians who decided to take the path less travelled.     

I hope we get to see more Asian-Australians not only achieve entrepreneurial success, but also follow in the footsteps of Tony who became a Asian-American role model that prioritised happiness, company culture and purpose over profits

Hopefully, we won’t see any of these Asian-Australian entrepreneurs & founders get caught up in any unethical behaviour and craziness that engulfs the Silicon Valley ecosystem.  Watch this space.

The Asian Australians Entrepreneurs on the Young Rich List

NameWealthCompanyDescription
Melanie Perkins $3.43b (combined with Cliff Obrecht)CanvaGraphic Design Platform
Jack Zhang$410mAirwallexCross-border payments and foreign exchange conversion
Fung Lam & Werner Liu$273mNew AimImporter and online retail (ecommerce) and wholesale business
Max Li$201mAirwallexCross-border payments and foreign exchange conversion
Jacob Dai$158mAirwallexCross-border payments and foreign exchange conversion
Selvam Sinnappan & Winston Wijeyeratne$150mSleeping DuckMattress E-tailer
Ashik Ahmed$148mDeputyShift Rostering Software
Anson Zhang$59mOne Stop WarehouseSolar Panels & Batteries Wholesaler
Jane Lu$37mShowpoOnline Fashion Retailer
Jeff Yu$37mOne Stop WarehouseSolar Panels & Batteries Wholesaler
Tim Fung$30mAirtaskerOdd-jobs Marketplace Platform

Some Tony Hsieh Quotes

Tony Hsieh
RIP

“I thought about how easily we are all brainwashed by our society and culture to stop thinking and just assume by default that more money equals more success and more happiness when ultimately happiness is really just about enjoying life.” 

“I made a list of the happiest periods in my life, and I realized that none of them involved money. I realized that building stuff and being creative and inventive made me happy. Connecting with a friend and talking through the entire night until the sun rose made me happy. Trick-or-treating in middle school with a group of my closest friends made me happy. Pickles made me happy.”

“It’s important to constantly challenge and stretch yourself, and not be stuck in a job where you don’t feel like you are growing or learning.”

“Wake up every day and ask yourself not only what is the 1% improvement I can change to make Zappos better, but also what is the 1% improvement I can change to make myself better personally and professionally. In the end we, as Zappos, can’t grow unless we, as individuals, grow too.”