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WiseTech founder restructures assets to give wife a share

Richard White’s corporate restructure puts Zena Nasser in the driving seat of one of his private investment vehicles.

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On the day Richard White stepped down as chief executive of WiseTech Global after weeks of pressure, the billionaire found time for another important change – quietly appointing his new wife Zena Nasser to his private investment vehicle’s board.

A week later on November 2, Nasser, a former criminal lawyer, became a 50 per cent owner of the vehicle, which owns an anti-money laundering start-up and the company that financed a controversial multimillion-dollar property previously owned by her ex-husband.

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Kate McClymont is chief investigative reporter at The Sydney Morning Herald. Connect with Kate on Twitter. Email Kate at kmcclymont@smh.com.au
Nick McKenzie is an Age investigative journalist who has twice been named the Graham Perkin Australian Journalist of the Year. A winner of 14 Walkley Awards, he investigates politics, business, foreign affairs, human rights and criminal justice. Email Nick at nickmckenzie@protonmail.com

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