Scott Farquhar Net Worth

Scott Farquhar has an estimated net worth of $13.9 billion, according to Forbes Real-Time Billionaires, Scott Farquhar profile (figures as of October 20, 2026). That is up from $6.9 billion in 2019.

Scott Farquhar is an Australian businessman best known as a cofounder of Atlassian, the Sydney-based collaboration software company. He started the business with Mike Cannon-Brookes soon after they graduated from the University of New South Wales. The pair funded the startup with credit cards and built Atlassian around software tools for teams. Farquhar later served as co-chief executive officer before stepping down in September 2024, while staying on as a board member and advisor.

His wealth comes mainly from Atlassian, which grew from a bootstrapped startup into a major software company. Early on, Atlassian's first major product was Jira, an issue- and project-tracking tool. The company later expanded in the United States, raised a $US60 million round from Accel in 2010, and went public on Nasdaq on 10 December 2015 with a market capitalization of $4.37 billion. Farquhar also co-founded Pledge 1% in 2014 and has invested through Skip Capital.

How Scott Farquhar built his fortune

Farquhar made his money in software. In 2001, Mike Cannon-Brookes emailed classmates about starting a tech company, and Farquhar was the only one who replied. They founded Atlassian in 2002 and financed it with a $10,000 credit card debt. Their early strategy was to focus on product building instead of a traditional sales force. Jira became Atlassian's first major product, helping the company win customers through its website at a more affordable price.

Atlassian later widened its reach beyond Australia. In 2005, it opened a New York City office, then moved the U.S. office to San Francisco later that year. Its first outside funding came in 2010, when Accel invested $US60 million. The company redomiciled to the UK in 2014 ahead of an IPO, then listed on Nasdaq on 10 December 2015 at a $4.37 billion market capitalization. Forbes says Farquhar's current net worth is $13.9 billion as of October 20, 2026.

Forbes net worth timeline

Forbes placed Farquhar at $6.9 billion in 2019, then $8 billion in 2020 and $14 billion in 2021. In 2022, Forbes put him at $15.1 billion. Those swings tracked the value of his stake in Atlassian, the company he co-founded and helped lead. As of 2024, he owned 20 percent of Atlassian. Forbes also identifies him as self-made and places him in the technology industry, with wealth tied to software.

The Forbes estimate later moved down and back up. It was $10.1 billion in 2023, rose to $13 billion in 2024, reached $14.6 billion in 2025, and then was $7 billion on the 2026 World's Billionaires List. Forbes' real-time tracker showed $13.9 billion in October 2026. During this period, Farquhar also changed roles at Atlassian, stepping down as co-CEO in September 2024 to focus on family time and philanthropic activities.