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Share Rich List garbo-turned-yacht broker Ian Malouf has joined the crush of prominent eastern suburbs families on Palm Beach’s Snapperman Beach, buying a weekend getaway for about $20 million. The beachfront house in the exclusive Sydney suburb has long been owned by the McNiven family, bought in 1997 for $2.06 million and held by late businessman John McNiven until recently, when Malouf negotiated to buy it directly. Malouf declined to comment on the purchase, saying that he didn’t know that information was out yet, and settlement would reveal the price. Palm Beach’s Snapperman Beach is crammed full of holiday goers from the eastern suburbs, including the most recent arrival, Ian Malouf. ....
March 17, 2021 This week, we’ve seen startup funding going into businesses at every end of the spectrum from early-stage and up-an-coming players to global behemoths landing valuations of $100 billion-plus. QBiotics Aussie biotech QBiotics is making headway in the fight against cancer, with their product already working on canines so now they’re working on getting it approved for people as well as pups. The company secured $50 million to fund clinical trials for its cancer therapy treatment. Co-founded by former CSIRO scientists Dr Victoria Gordon and Dr Paul Reddell, the 21-year-old business has reportedly brought TDM Growth Partners on board as its first institutional investor. ....