90 of Australia's 100 young richest people are men -- here are the 10 women that made the cut

The Australian Financial Review has revealed who the richest young people in Australia are right now.

The list consists of wealthiest self-made Australians aged 40 and under.

Of the top 100 listed, only 10 of those are women.

We thought it was worthwhile to take a look at who they are and their achievements.

Here are the 10 richest young women in Australia in 2018.

Kayla Itsines, co-owner of Sweat

FacebookKayla Itsines

Rank: 5
Wealth: $486 million
Age: 26

Itsines and her fiance “evolved what was a Bikini Body Guide e-book into Apple’s largest grossing health and fitness app. The app, which promotes 28-minute workouts… is on track to generate $100 million in revenue this year.”

Cyan Ta’eed, co-founder and executive director of Envato

SuppliedCyan Ta’eed

Rank: 8
Wealth: $428 million
Age: 37

Envato is an online creative marketplace Envato which Ta’eed and her husband started in their garage. “More than a decade later the business is turning over $US82.3 million.”

Melanie Perkins, co-founder and chief executive of Canva

SuppliedMelanie Perkins

Rank: 17
Wealth: $177 million
Age: 31

“Online design and publishing platform Canva became the first Australian startup since Atlassian to join the elite ranks of Silicon Valley ‘unicorns’, or private businesses with a valuation in excess of $US1 billion,” thanks to a $US40 million funding round in January.

Miranda Kerr, founder of Kora Organics

Donato Sardella/Getty Images for InStyleMiranda Kerr

Rank: 52
Wealth: $52 million
Age: 35

Kerr, a former model, launched her skincare and cosmetic business KORA Organics in 2009. It is now “stocked by more than 200 retailers including mega French cosmetic chain Sephora.”

Emily Skye, founder of Emily Skye Fitness

FacebookEmily Skye

Rank: 67
Wealth: $36 million
Age: 33

“What began as posting workout tips using Blogspot has turned into a lucrative subscription-based business, which attracted investment from Quadrant Private Equity this year.”

Jane Lu, founder and CEO of Showpo

SuppliedJane Lu

Rank: 72
Wealth: $33 million
Age: 32

“The former accountant established Showpo, which throws off $30 million revenue and employs more than 35 people, in 2010… She is also co-founder of networking group Like Minded Bitches Drinking Wine, which boasts 80,000 members.”

Alana Nicholls, co-owners of Platinum Electricians

FacebookAlana Nicholls

Rank: 74
Wealth: 33
Age: 36

“Platinum Electricians began as a classic ‘man with a van’ operation in 2001 but now has more than 160 vans operating across the country, employs more than 350 people and turns over more than $45 million.” The franchise business is jointly owned by her partner Joshua who initially launched the business.

Erin Deering, co-founder of Triangl

FacebookErin Deering

Rank: 77
Wealth: $32 million
Age: 34

Deering’s retail business was launched out of her frustration of not being able to “find a bikini she liked for under $200 for their trip to the beach”. The brand has now been worn by celebrities including Kendall Jenner, Miley Cyrus and Ellie Goulding.

Kate Morris, co-owner of Adore Beauty

SuppliedKate Morris

Rank: 87
Wealth: $30 million
Age: 40

Morris launched her online beauty store from her garage in 1999. “About 15 years later, adorebeauty.com.au attracts millions of visitors each year, sells more than 200 cosmetic brands and turns over nearly $30 million.”

Alarna Longes, co-founder of Clearskincare Clinics

FacebookAlarna Longes

Rank: 89
Wealth: $29 million
Age: 39

Longes and Dr Philippa McCaffery launched Clearskincare Clinics, which stretched to 44 clinics across Australia and New Zealand “before being acquired by Australian Pharmaceutical Industries, the owner of Priceline, for $127.4 million in June”.

NOW READ: The 10 richest young people in Australia

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