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Myriam Robin

WiseTech’s Richard White in $400m cash deluge

Myriam RobinRear Window editor

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For a man who always says he can’t find any potential investment as good as WiseTech, billionaire founder Richard White continues to free up an awful lot of cash.

Over the five days to last Tuesday, he sold 364,261 shares in the logistics software business, securing $46 million at an average price of $126.44 a pop.

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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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