Atlassian co-founder and father of 4 Mike Cannon-Brookes has separated from his US-born spouse, Annie, after 13 years of marriage.
Information of the demerger emerged over the weekend in 9 newspapers, citing “sources near the household”. An Atlassian spokesperson declined to remark.
An unauthorised supply informed the media: “They’re each focussed on their youngsters as their primary precedence proper now. They ask that their privateness is revered.”
The pair, who’ve an in depth property portfolio price greater than $200 million, in addition to the household enterprise capital fund Grok Ventures, reportedly parted methods a month in the past.
They married in January 2010 after assembly in an airport lounge when she reportedly mentioned hey after mistaking him for another person.
She has had a protracted and profitable profession as a clothier as Annie Todd, with it persevering with beneath the Home of Cannon label throughout their marriage.
Atlassian was simply eight-years-old after they met and 6 months after their nuptials, in July 2010, took on its first VC funding, with Accel Companions investing US$60 million. 5 years later in December 2015, Atlassian listed on the Nasdaq with a US$4.37 billion market capitalisation. It’s now price round US$45 billion.
The Cannon-Brookes household has a private wealth of round A$20 billion, placing them amongst Australia’s high 10 richest individuals.
The tip of their relationship comes only a fortnight after fellow billionaires Andrew and Nicola Forrest introduced the top of their 31-year marriage.
Alongside his stake within the office software program firm he based together with his co-CEO, Scott Farquhar, Cannon-Brookes can be the biggest shareholder in AGL Power, the ASX-listed energy firm he made an unsuccessful takeover bid for final 12 months.
Cannon-Brookes additionally owns renewable vitality startup Solar Cable. He invested a whole bunch of hundreds of thousands within the enterprise alongside Andrew Forrest, backing a plan to pipe photo voltaic vitality 4,200km underwater from Darwin to Singapore. However the billionaires fell out over strategic course of the $30 billion mission, which was positioned in voluntary administration in mid January.
Cannon-Brookes, lent the enterprise $65 million to maintain the present on the highway because the directors regarded for a purchaser, then went on to win the bid to amass Solar Cable from the liquidators through entity affiliated with Grok Ventures, their $2 billion household VC fund.
The pair additionally pledged in 2021 to speculate $1 billion in local weather tech startups. The Grok portfolio consists of residence renewables fintech Brighte, social influence startup Who Offers a Crap, Canberra-based battery funding fund Infradebt , buyer insights platform Dovetail and nanosatellite startup Fleet House, in addition to funds fintech, Tyro, which listed on the ASX in 2019.
Mike Cannon-Brookes has a 25% stake in NRL crew the South Sydney Rabbitohs alongside James Packer and Russell Crowe, in addition to US NBA franchise Utah Jazz.
Then there’s an astonishing property portfolio, together with the previous Fairfax household mansion, Fairwater, in Sydney’s Level Piper, which they paid a document $100 million for in 2018. Scott Farquhar owns the $71. million home subsequent door.
Annie Cannon-Brookes paid $20-25 million for the Nice Barrier Reef tourism vacation spot Dunk Island final 12 months. Additionally they have a $12 million home behind Fairwater, the previous German consul-general’s residence in Woollahra, acquired in 2020 for $18m, a 155 hectare farm within the NSW Southern Highlands that price $15m, and two extra close by, together with paying $5.35m for 45ha Rosehill Farm close by and $3.3m for Joadja Creek.
North of Sydney there’s the previous Jennifer Hawkins home in Newport, purchased in 2020 for $24.5 million, a Palm Seashore home purchased for $8.7m in 2013, and on the opposite aspect of Pittwater, a shack at Nice Mackerel Seashore, snapped up for a discount $2.3m in 2020.