Canva co-founder Melanie Perkins wants to give away 30 percent of the wealth, a company bigger than Telstra

How an Australian tech start-up launched from a bedroom is now bigger than Telstra after being valued at $54 BILLION – as glamorous founders reveal what they’ll do with their incredible wealth

  • $54 billion graphic design software group Canva now bigger than Telstra
  • Co-founders Melanie Perkins and Cliff Obrecht are also in a long-term relationship
  • Despite success, they want to donate 20 percent of their assets to charities










Australian software giant Canva is now worth more than Telstra and the young billionaire founders want to give their fortunes away to the needy.

Melanie Perkins, 34, and Cliff Obrecht, 35, started a multi-billion dollar business from a living room in Perth just over a decade ago, during the early days of their long-standing relationship.

Canva now has a market capitalization – the total value of all its shares – of AU$54 billion, making it even more valuable than telecom giant Telstra’s AU$47 billion.

Graphic design software juggernaut Canva is now worth more than Telstra as the young billionaire founders reveal they want to give their fortunes away to the needy. Melanie Perkins, 34, and Cliff Obrecht, 35, started a multi-billion dollar business from a living room in Perth just over a decade ago, during the early days of their long-standing relationship.

The value of their company has soared, following a successful capital raising from investors who added $273 million to their value.

Despite this success, the glamorous co-founders in their thirties have now pledged to give away 30 percent of their fortune, pledging to donate the “vast majority” of their stakes in the company to their charitable organization, Canva Foundation.

Ms. Perkins is now engaged to the man she started a business empire with 11 years ago from the living room of her mother’s home in Perth.

For her, getting rich was for the sake of nothing.

“If it was all about building wealth, that would be the most uninspired thing I can imagine,” she told the U.S. Forbes financial website.

Australia’s richest woman under 40 is also uncomfortable with the idea of ​​being ultra-rich, even if she created the money rather than inheriting it.

Despite this success, the glamorous co-founders in their thirties have now pledged to give away 30 percent of their fortunes, pledging to give the

Despite this success, the glamorous co-founders in their thirties have now pledged to give away 30 percent of their fortunes, pledging to give the “vast majority” of their stakes to their charitable organization Canva Foundation.

For Mrs. Perkins, getting rich was for the sake of nothing

For Mrs. Perkins, getting rich was for the sake of nothing

“It felt strange when people called us ‘billionaires’ because it’s never felt like our money, we’ve always felt like we’re purely the custodians of it,” Ms. Perkins said in a blog post.

Last year, she and her fiancé came in second on the Australian Financial Review’s Young Rich List with an estimated personal worth of $3.4 billion.

They were second only to Atlassian co-founder Scott Farquhar, who only qualified because he was still 40 at the time.

Canva’s founders appear to top the AFR’s elite youth list in late 2021 as the pandemic continues to drive up the value of tech companies like hers.

Farquhar and Atlassian’s other co-creator Mike Cannon-Brookes will also be a little too old to qualify for the who’s-who list of uber-wealthy billionaires aged 40 or under.

Last year, she and her fiancé came in second on The Australian Financial Review's Young Rich List with an estimated personal worth of $3.4 billion, second only to Atlassian co-founder Scott Farquhar who only qualified because he was still 40 at the time.

Last year, she and her fiancé came in second on The Australian Financial Review’s Young Rich List with an estimated personal worth of $3.4 billion, second only to Atlassian co-founder Scott Farquhar who only qualified because he was still 40 at the time.

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