Mike Cannon-Brookes net worth, an Australian billionaire business magnate, holds the prestigious positions of co-founder and co-CEO at the prominent software company Atlassian.
Born- 17 November 1979
Birthplace- New Haven, Connecticut, United States
Full Name- Michael Cannon-Brookes
Profession- co-founder, and co-CEO of software company Atlassian
Known for- Co-founding Atlassian
Spouse- Annie Cannon-Brookes
Born in November 1979, Cannon-Brookes is the son of Mike, a global banking executive, and his wife, Helen.
Cannon-Brookes is happily married to Annie Todd, and together they are proud parents to four children. The couple’s residence is located in Centennial Park, situated in Sydney’s eastern suburbs.
Having attended Cranbrook School in Sydney, Cannon-Brookes went on to complete his education at the University of New South Wales, where he earned a degree in information systems through a UNSW Co-op Scholarship program.
Alongside Scott Farquhar, Cannon-Brookes co-founded and currently serves as the co-CEO of Atlassian, a successful collaboration software company. They established the company in 2002, shortly after graduating from university, and remarkably funded its inception using credit cards.Their shared vision was to achieve a level of financial success equivalent to the typical starting salary for graduates in major corporations (A$48,000) without being employed by someone else.
In a significant move in March 2022, Cannon-Brookes, together with billionaire Andrew Forrest, made investments in the Sun Cable project. This groundbreaking initiative involves the construction of a massive 12,000-hectare (120 km2) solar and battery farm in Powell Creek, Northern Territory, along with a power cable to connect it to Singapore via Indonesia, exiting Australia at Murrumujuk beach.
However, in January 2023, Sun Cable encountered difficulties and went into administration due to disagreements between Cannon-Brookes and Forrest. Fortunately, in May 2023, Cannon-Brookes’ company, Grok Ventures, successfully outbid Forrest and other contenders to acquire the liquidated company.
In 2018, Cannon-Brookes and Scott Farquhar made headlines by purchasing Fairwater, Australia’s most expensive house, for approximately A$100 million. This lavish property is located right next to Scott Farquhar’s A$71 million Point Piper harbourside mansion, Elaine. Additionally, Cannon-Brookes acquired the historic residence Verona in Double Bay, designed by architect Leslie Wilkinson in 1923, for A$17 million. This property was previously owned by New Zealand philanthropist Pat Goodman.
Prior to these acquisitions, in 2016, Cannon-Brookes had purchased the SeaDragon house for A$7.05 million. The house, which was built in 1936 and also designed by Leslie Wilkinson, had been updated by architect Luigi Rosselli. Subsequently, his Centennial Park home was sold for A$16.5 million. In 2019, Cannon-Brookes bought another house near Fairwater for A$12 million.
In a separate deal in July 2022, Annie Cannon-Brookes made an individual purchase by acquiring Dunk Island off Mission Beach, Queensland. The transaction was reportedly valued between A$20–25 million, with the purpose of creating a nature reserve and revitalizing the resort on the island.
Cannon-Brookes and Farquhar received prestigious accolades, such as the Australian IT Professional of the Year award in 2004 and the Australian Entrepreneur of the Year award in 2006. Furthermore, Cannon-Brookes is a distinguished member of The Forum of Young Global Leaders.
Net Worth 2023
In 2023, the net worth of Cannon-Brookes stands at $19.01 billion.
Mike Cannon-Brookes and wife Annie Separate
Mike Cannon-Brookes, the software billionaire and renowned advocate for climate change, has announced his separation from his wife, Annie. The founder of Australian company Atlassian, Cannon-Brookes tied the knot with American fashion designer Annie Todd in January 2010, and they have four children together.
A reliable source close to the family revealed to Guardian Australia that both Mike and Annie are currently focusing on their children as their top priority. During this challenging time, they kindly request that their privacy be respected.
Co-founded by Mike Cannon-Brookes and his university friend Scott Farquhar, Atlassian has been a tremendous success, contributing to Cannon-Brookes’ estimated net worth of approximately $25 billion, as reported by Forbes.
- Cannon-Brookes holds the position of an adjunct professor at the University of New South Wales’ School of Computer Science and Engineering.
- In December 2020, he made headlines for purchasing a minority stake in the NBA team Utah Jazz, in collaboration with Qualtrics co-founder Ryan Smith.
- As a significant investor, Cannon-Brookes has a major stake in the Australian publicly listed energy company AGL.
- In September 2020, it came to light that Cannon-Brookes was included in a Chinese Government “Overseas Key Individuals Database,” which comprises prominent international figures of interest for China.
Read Also:Andrew Forrest Biography