Billionaire Profile
Scott Farquhar
Global Rank
#275

Image: Public domain | via Wikimedia Commons

Scott Farquhar

CEO, Atlassian
AU
Real-Time Net Worth
$10.8B
As of December 2025
Age
45
Source
Software
Industry
technology
Citizenship
AU

Biography

Scott Farquhar is an Australian entrepreneur and billionaire, co-founder of Atlassian, a leading software company specializing in collaboration tools. Born in Sydney, Australia, in December 1979, Farquhar has a current net worth estimated at $10.8 billion as of December 5, 2025. His wealth stems primarily from his stake in Atlassian, which he co-founded with Mike Cannon-Brookes shortly after graduating from the University of New South Wales. Farquhar stepped down as co-CEO in September 2024, and now serves on the board and as an advisor, allowing him to focus on philanthropy and other ventures. He is also a cofounder of Pledge 1%, a movement that encourages companies to donate 1% of their equity, employee time, or products to charity.

Wealth Over Time

In-Depth Profile

Early Life

Scott Farquhar was born in December 1979, in Parramatta, Sydney, Australia. He showed an early interest in technology, spending countless hours with computers as a child. He attended Castle Hill Primary School, James Ruse Agricultural High School, and graduated from the University of New South Wales with a Bachelor of Science in Information Technology (BIT).

Rise to Success

In 2002, Farquhar co-founded Atlassian with Mike Cannon-Brookes. They bootstrapped the company, initially funding it with a $10,000 credit card debt. Atlassian's first major product was Jira, a project-tracking software. The company went public on the NASDAQ in December 2015. Farquhar and Cannon-Brookes became Australia's first tech startup billionaires. Farquhar stepped down as co-CEO of Atlassian in August 2024, but remains on the board as a special advisor.

Key Business Strategies

Atlassian's success is attributed to its focus on developing quality products and a self-serve business model, foregoing a traditional sales force. The company also embraced a culture of innovation and employee collaboration. Farquhar has been a proponent of baking philanthropy into business from the start, co-founding Pledge 1%.

Philanthropy

Farquhar is deeply involved in philanthropy. He co-founded Pledge 1%, which encourages companies to donate 1% of equity, employee time, or products to charity. He also runs the Skip Foundation with his wife, Kim Jackson, which funds initiatives in areas like climate change, health, and equal opportunity.

Career Milestones

2002

Co-founded Atlassian

Co-founded Atlassian with Mike Cannon-Brookes.

2006

Australian Entrepreneur of the Year

Awarded Australian Entrepreneur of the Year by Ernst & Young.

2015

Atlassian IPO

Atlassian went public on the NASDAQ.

2015

Co-founded Pledge 1%

Co-founded Pledge 1%.

2024

Stepped down as co-CEO of Atlassian

Stepped down as co-CEO of Atlassian in August.

Philanthropy & Social Impact

Corporate Philanthropy

Pledge 1%

$0.0

Co-founded Pledge 1%, encouraging companies to donate 1% of equity, employee time, or products to charity.

Foundation

Skip Foundation

$0.0

Runs the Skip Foundation with his wife, funding initiatives in areas like climate change, health, and equal opportunity.

Business Philosophy & Leadership

Notable Quotes

"We were always cash flow positive from the very early days, but that's largely because we were still eating ramen noodles."

Leadership Principles

Focus on Product

Prioritizing the development of high-quality products over traditional sales tactics.

Employee Collaboration

Promoting a culture that values open workspaces and team collaboration.

Philanthropy

Incorporating giving back into the business from the beginning.