Scott Farquhar’s profile picture

Scott Farquhar

Scott Farquhar’s profile picture
Net worth 2018: $4.04 Billion
Industry: Technology
Residence: Sydney, Australia
Country: Australia
BirthDay: 1979
Children: 2
Education: Bachelor of Arts / Science, University of New South Wales
BIOGRAPHY

Scott Farquhar was bornon 1979 in Sydney, Australia, Australia. Scott Farquhar is #648 in List Billionaires People In The World. Farquhar is cofounder of collaboration software company Atlassian, based in Sydney, Australia. He and co-CEO Mike Cannon-Brookes 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. Farquhar is cofounder of Pledge 1%, which urges companies to donate at least 1% of equity, employee time or products to charity.

NET WORTH STATISTIC
2015

$1.1 Billion

2016

$2.2 Billion

2017

$2.1 Billion

2018

$4.04 Billion

We were always cash flow positive from the very early days, but that's largely because we were still eating ramen noodles.

Scott Farquhar
TIMELINE
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.Farquhar was born in December 1979. He attended James Ruse Agricultural High School in Carlingford, NSW. He graduated from the University of New South Wales, with a Bachelor of Arts and Bachelor of Science.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. Farquhar has mentored through the Australian Businesswomen’s Network and gives guest lectures on entrepreneurship to MBA students and undergraduates.He is married to Kim Jackson and they have three children. In 2017 Farquhar purchased from the Fairfax family its former ancestral Sydney harbourside home, Elaine, for approximately A$75 million. The Point Piper home set on 6,986 square metres (75,200 sq ft) had been in the ownership of the Fairfax family since 1891 and was vacant for nearly twenty years prior to its purchase by Farquhar.Alongside his business partner, Cannon-Brookes, Farquhar debuted on the 2007 BRW Young Rich list of the richest Australians aged 40 and under, 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$1.75 bn; by BRW Rich 200 as A$2.00 bn; and by the Sunday Times Rich List as GB£906 million.
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