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Mike Cannon-Brookes
#462

Mike Cannon-Brookes

Source of wealth: Software

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Mike Cannon-Brookes's fortune with the healthcare spending of a massive country

Mike Cannon-Brookes could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.6 years.

But even if we compare their fortune with that of a rich country

On the other end, Mike Cannon-Brookes could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.6 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Mike Cannon-Brookes could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.3 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Mike Cannon-Brookes could pay for it entirely for 3.2 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Mike Cannon-Brookes could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 13.3 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Mike Cannon-Brookes with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.3 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Mike Cannon-Brookes's fortune is equivalent to 54 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Mike Cannon-Brookes could buy 14,485,551 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 3 trucks to transport them. Although Mike Cannon-Brookes will almost certainly have enough money left over to pay for the gas.

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Biography

Mike Cannon-Brookes is cofounder and CEO of collaboration software firm Atlassian, based in Sydney.

He and cofounder Scott Farquhar started the company soon after graduating from college, funding it with credit cards.

In 2023, he took over Sydney based renewable energy outfit Sun Cable. It was a joint venture with fellow billionaire Andrew Forrest but they fell out.

He acquired a minority stake in Australian energy company AGL Energy in 2022.

In 2023, he separated from Annie, his wife of 13 years.

Financial Assets

Exchange
ASX
Ticker
AGL-AU
Company
AGL Energy
Exchange
NASDAQ
Ticker
TEAM-US
Company
Atlassian Corp

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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