Mike Cannon-Brookes Net Worth And Biography
We had bring you Mike Cannon Brookes net worth: Scott Farquhar is an Australian billionaire who has a net worth of $12.2 billion. He is best known for being the co-founder and co-CEO of Atlassian.
- Mike Cannon-Brookes is cofounder of collaboration software firm Atlassian, based in Sydney.
- He and co-CEO Scott Farquhar started the company soon after graduating from college, funding it with credit cards.
- Atlassian, which has no sales team, boasts NASA, Tesla and SpaceX as customers.
- In 2017 Cannon-Brookes started working with Elon Musk to bring Musk’s battery technology to southern Australia, which was suffering a power crisis.
- Cannon-Brookes has been a vocal advocate for reducing Australia’s reliance on fossil fuels, in favor of renewable energy sources.
Mike Cannon-Brookes Net Worth And Biography
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Cannon-Brookes is the co-chief executive officer and co-founder of Atlassian, a developer of enterprise software. The Sydney-based company has more than 150,000 customers and reported revenue of $1.2 billion in the year to June 30, 2019. The maker of Jira Software had an initial public offering in New York in December 2015.
The majority of Cannon-Brookes’ fortune is derived from a 28% stake in Atlassian, a developer of enterprise software. The Sydney-based company is publicly traded in New York and has more than 150,000 customers, according to its website.
He holds the shares directly and via closely held holding company Grokco, according to the company’s annual report for the year to June 30, 2019. Cannon-Brookes’ stake is held in Class B shares and represents 49% of the non-traded stock. His co-founder, Scott Farquhar, controls another 49% of the Class B shares.
Mike Cannon-Brookes Net Worth And Biography
Quick Insight To Mike Cannon Brookes Profile
- Full Name: Mike Cannon Brookes
- Birth Date: born in 1979
- Birth Place: New Haven
- Religion: N/A
- Nationality: Australian
- Ethnicity: N/A
- Education: Graduated from University of New South Wales
- Horoscope: N/A
- Father’s Name: Updating Soon
- Mother’s Name: Updating Soon
- Siblings: Updating soon
- Age: He’s Currently 41 years old
- Height: N/A
- Weight: N/A
- Shoe Size : N/A
- Hair Color: Brown
- Eye Color : Brown
- Body Measurement: N/A
- Marital Status: Married
- Children: 4 Kids
- Profession: Software Developer and Entrepreneur
- State: Active
- Net Worth: $12.2 Billion Dollars
- Salary: Updating Soon
- Social Media: Instagram, Twitter
Mike Cannon Brookes Biography
Mike Cannon-Brookes was born in 1979 in New Haven, Connecticut. His father, Michael Cannon-Brookes, was a finance executive who worked for U.S.-based firms.
Mike attended Cranbrook School in Sydney, whose former pupils include fellow billionaire James Packer. He began studying for a Bachelor of Commerce in information systems degree at the University of New South Wales in 1998.
Cannon-Brookes met classmate Scott Farquhar during his university studies and the pair founded Atlassian in 2002. The enterprise software company offers services to software developers and project managers.
Atlassian grew quickly and by 2010 had sold a minority stake to venture capital firm Accel Partners for $60 million. It sold $462 million in new shares in a 2015 initial public offering in New York. The IPO valued Atlassian at more than $4 billion.
Mike Cannon-Brookes Net Worth And Biography
Personal life
He is married to Annie Todd with four children, and lived in Sydney’s eastern suburbs in Centennial Park; in 2018 he bought Fairwater, Australia’s most expensive house for around $100m, next door to Scott Farquhar’s A$71 million house Point Piper harbourside mansion, Elaine. He also acquired the 1923-built heritage residence Verona, designed by architect Leslie Wilkinson and located in Double Bay, for $17 million. The house previously belonged to New Zealand philanthropist Pat Goodman. Prior to that, in 2016 Cannon-Brookes bought $7.05 million SeaDragon house, built in 1936, designed by Leslie Wilkinson and updated by architect Luigi Rosselli. His Centennial Park home sold for $16.5 million. In 2019 he purchased the house near Fairwater for $12 million.
Mike Cannon-Brookes Net Worth And Biography
Alongside his business partner, Farquhar, Cannon-Brookes debuted on the 2007 BRW Young Rich list of the richest Australians aged under 40; and on the BRW Rich 200 in 2013 with an estimated net worth of A$250 million. In 2016, his net worth was estimated by Forbes on the list of Australia’s 50 Richest people as US$1.69 billion; by BRW Rich 200 as A$2.00 billion; and by the Sunday Times Rich List as GB£906 million. As of 2019, his net worth was estimated to be A$10 billion, being considered by Forbes the youngest billionaire in Australia and the 5th in Australia’s 50 Richest 2019 list.
Other Facts About Mike Cannon-Brookes
- 1979 Mike Cannon-Brookes is born.
- 2001 Invites Scott Farquhar to join him in starting a company.
- 2002 Co-founds Atlassian.
- 2006 Named Ernst & Young’s Australian Entrepreneur Of The Year.
- 2010 Company gets $60 million from venture capital firm Accel Partners.
- 2015 Atlassian raises $462 million in IPO.
- 2017 Revenue for full year to June exceeds $600 million for first time.
- 2017 Challenges Elon Musk to help solve South Australia’s power problems.
Mike Cannon-Brookes Net Worth
Mike Cannon-Brookes is currently one of the richest people in the world and top 5 richest in Australia, With an estimated net worth of $12.2 Billion Dollars.
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