Ms Reid and her husband, who stay in Brisbane and who’re each 51, are pharmacists by coaching who opened their first pharmacy in Acacia Ridge, south Brisbane, in 1998.
They just lately offloaded their majority stake within the Epic Pharmacy chain, which grew to twenty-eight websites, and have offered stakes of their Icon Group, the nation’s largest most cancers care providers supplier. Now managed by a consortium led by Queensland Funding Company and valued at over $2 billion, Icon is making a serious push into New Zealand and Asia.
Their success in healthcare providers propelled Ms Reid, a future astronaut in Virgin Galactic’s house enterprise, and Mr Giles, a former semi-professional cricketer, into the 195th spot on to the Wealthy Listing which can be launched this Friday.
The couple are amongst 19 debutants on this yr’s record. Ms Reid is one among 30 ladies, up from 25 final yr.
AUCloud is Australia’s sovereign cloud Infrastructure-as-a-Service (IaaS) supplier, completely targeted on authorities and important nationwide infrastructure industries reminiscent of well being and defence.
Sovereignty was thrust into the highlight this yr, when the federal government opted to make use of Amazon Internet Providers to host its COVIDSafe app. Throughout COVID-19 it additionally turned clear that some authorities workers working from residence wanted to entry delicate information in a protected method.
Following the considerations, the federal government is contemplating limiting international cloud firms from dealing with sure authorities information units – which may show to be a serious win for small native gamers like AUCloud.
The funding in AUCloud is one among many who sit of their portfolio by way of their household workplace, Arc31. The pair have invested in HEAL Partners, which has stakes in a Canadian IVF enterprise and a US primarily based tattoo removing chain referred to as Removery. They’ve additionally invested in start-up funding platform Our Crowd in addition to Israel’s first digital well being targeted fund, Qure Ventures.
They’re additionally buyers alongside Quadrant Personal Fairness in diagnostic imaging providers supplier QScan, which is currently for sale.
In June 2019, Ms Reid acquired the Member of the Order of Australia for her contributions to healthcare supply and philanthropy. However it’s not the honours that matter to her.
“I is perhaps at Brisbane Lions [AFL] recreation sporting my director hat and somebody tells me about care their mom is getting at our most cancers centre,” she mentioned.
“These are the tales that matter. It is not about monetary milestones. It’s the power to create affect.”
The 2020 Wealthy Listing can be printed this Friday on afr.com in addition to in a particular problem of AFR Journal.
