Skip to content

Billionaire Sarina Russo tells struggling Australians to 'get a third job'—backlash erupts

A $344M fortune built on government contracts—but her solution to the cost of living crisis? 'Work harder.' Why Australians are furious with Sarina Russo's tone-deaf remarks.

The image shows a poster with the text "Maganomics: An Economic Plan That Does Three Things Cuts...
The image shows a poster with the text "Maganomics: An Economic Plan That Does Three Things Cuts Taxes Even More for the Wealthy and Big Corporations" written in bold, black font against a white background. The poster is framed by a thin black border, giving it a modern and professional look. The text is centered in the middle of the poster, emphasizing its importance.

Billionaire Sarina Russo tells struggling Australians to 'get a third job'—backlash erupts

Sarina Russo, one of Australia's wealthiest women, has again sparked controversy with her remarks on the cost of living crisis. The founder of The Sarina Russo Group suggested struggling Australians should take on extra jobs or upskill in AI to ease financial pressure. Her comments quickly drew fierce criticism online. Russo, whose net worth stands at $344 million in 2025, built her fortune through education, training, and employment services. Her company has reportedly secured over $1.8 billion in government contracts since 2006. Despite this, she urged Australians facing financial hardship to consider higher education, AI training, or even a second or third job.

Her latest remarks echo past controversies, where similar statements provoked public outrage. Beyond business, Russo's global property holdings include a luxury apartment overlooking New York's Central Park. She also counts former world leaders Bill Clinton and Tony Blair among her personal friends. The backlash highlights growing frustration over financial inequality in Australia. Russo's advice comes as many households struggle with rising living costs. Her company's reliance on government funding remains a point of debate, though exact figures on public revenue shares are not publicly available.

Read also:

Latest