Three Greek Australians make Young Rich List 2022

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The Australian Financial Review (AFR) has released its Young Rich List for 2022 and amongst the 100 wealthiest Australians aged 40 and younger are three entrepreneurs of Greek heritage.

In 35th place this year is Adelaide-based Kayla Itsines, who is worth $165 million.

The Greek Australian fitness queen has amassed an additional 2 million Instagram followers in the past year, which has taken her total followers on the app just above 15 million.

Kayla Itsines launched her first program 10 years ago

31-year-old Itsines sold Sweat, an app she developed with former fiance Tobi Pearce, to iFit last year.

Sweat was created out of Itsines’ desire to provide a training manual that would be useful to women outside of her hometown of Adelaide.

Also making the list were the co-founders of video game developer PlaySide, 35-year-old Gerry Sakkas and 37-year-old Aaron Pasias who ranked 73rd and 74th respectively.

Lto R: Playside game developers and partners Aaron Pasias, CFO, Gerry Sakkas, CEO and TJ Munusamy, COO. Photo: Nicki Connolly

Playside was founded in 2012 and partly funded by Sakkas’ $15,000 redundancy from now competitor, EA Games.

As Australia’s sole public game developer, Playside produces games for mobile, PC and augmented and virtual reality developed in collaboration with major studios including Disney, Pixar, Warner Bros and Nickelodeon.

Listed on the ASX last December, PlaySide turned profitable in 2021-22 with revenue of $30 million and a net profit of $5 million.

The Melbourne-based duo are worth $56 million.

SOURCE: AFR

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