Kic co-founder and CEO Laura Henshaw is handing over the reins to serial founder Jane Martino, who will lead the company through a major wellness expansion. From term sheets to toddlers, these founders juggled building a business as well as a family. What started as a single co-working “side hustle” survived the rise and fall of WeWork and the pandemic to land Cliff Ho and Tom Ye on the Young Rich List. No one can book a meeting with Vu Tran on a Thursday – it’s the day he practises medicine and doesn’t think about his businesses. The wealthiest Australians under 40 include uni dropouts, an F1 star, ex-Macquarie banker, and founders of businesses ranging from pet food to crypto casinos. Oscar Ledlin, who ranks number 55 on the Young Rich List, has launched a company specialising in sustainable concrete production, with ambitions to IPO.
In the 2000s, he worked in mortgage finance, going by the name Abe Adrian Camilleri (among other aliases listed in bankruptcy documents). Repcenko lived in Malta, a hub for online gambling businesses. They needed to find partners with licences to sell Texas lottery tickets who were willing to go all in. However, I didn’t know about it at the time.” “His mates filled out tickets all week, and he organised a newsagent to stay open 24 hours a day so he could get the tickets on.” In the end, they held the only winning ticket. “Mate, he’s big time,” one club patron told the Herald at the time.
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Marantelli had struck deals with four retailers across the state to purchase an improbable number of tickets, with staff printing at official state lottery terminals around the clock. Marantelli says he didn’t know of Repcenko’s criminal record before the Texas job “because at the time I didn’t even know his old original name”. And he said, ‘Oh, we sent over QR codes, and we hooked them up to the machines, and we printed all the tickets’.” Brier was suing Texas-based courier Lottery.com for allegedly failing to pay $US15 million in a business acquisition. “He seemed charming, you know, looked clean cut,” says John Brier, an American businessman who spoke with him over a series of video calls in 2023.
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The chief executive who led the company since 2019 will step down upon the completion of a new anti-money-laundering program. The company’s biggest revenue generator is its in-venue poker business, which attracted nearly a million Australians via about 25,000 tournaments last year. Rule changes from the mid-2010s onwards violated state law, according to Hall, subverting a game meant to be played by people buying tickets in person at physical stores. Electrician Jerry B. Reed, a regular player of the Texas lottery, won a smaller jackpot directly after the syndicate’s win.
“‘We have been operating a syndicated crime organisation in the Texas government,” the former air force captain says. Lawyers for the syndicate have moved to have the case dismissed. The syndicate chose to forgo the full $US95 million, which would be paid out over 30 years, instead taking a lump sum cash prize of $US57 million, before taxes. At 10.12pm, the live broadcast of the draw began. By the end of Thursday, they had printed $US6 million of tickets. After the company’s chairman received the video as an update, he replied by text “Af—ingamazing”.
Horse Racing Tips: NSW Friday 24th April 2026
The Texas Lottery Commission had signed off on its licence renewal and approved 10 new terminals to be sent to the business. The licence to sell lottery tickets in Texas lapsed. The company also overstated its revenue by $US52 million. He was frustrated that the idea kept resurfacing, even as the company struggled to survive. In his eyes, the company was meant to focus on everyday lottery customers, not “rich jackasses trying to game the system, doing Hail Mary events once in a blue moon”. At one retailer, a fishing tourism business in the suburbs of Fort Worth, two ticket terminals sat out the front amid the lures, souvenirs and beer coolers.
He had a new girlfriend – another model, this time from Lithuania – and a new name, Repcenko. After his release from prison, he was involved in a business deal with King of the Cross John Ibrahim. “He’s a smooth bastard,” says Winton Taylor, a Queenslander who came to invest money with him. For a time, he also dated Miranda Kerr, who was on her way to becoming one of the most successful models in the world.
- One, in a previous life, dated supermodel Miranda Kerr and spent time in a NSW jail for fraud.
- “His mates filled out tickets all week, and he organised a newsagent to stay open 24 hours a day so he could get the tickets on.” In the end, they held the only winning ticket.
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The $US95 million ($141 million) jackpot was theirs to lose. His team had bought more than 25 million tickets, which now filled the cardboard boxes stacked high against the hotel room wall. It was just after 10pm on a Saturday, April 22, 2023, and the room was so packed that people could barely move, Marantelli remembers.