Geeks oust miners among Australia’s new rich as boom fades

In a country synonymous with larger-than-life mining tycoons and Outback heroes, the geeks are quietly inheriting the earth.

As coal magnate Nathan Tinkler, the poster boy for Australia’s fading 10-year minerals boom, publicly battles against bankruptcy, software entrepreneurs Mike Cannon-Brookes and Scott Farquhar are riding high.

The former college buddies behind fast-growing software firm Atlassian unceremoniously bumped Tinkler off the top of Australia’s “young rich list”, leading a charge in the country’s blooming technology industries.

via Business feed http://www.scmp.com/business/economy/article/1267757/geeks-oust-miners-among-australias-new-rich-boom-fades